Mbyc Youth Sailing
- Assets
- $202.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 23
- Location
- Bellevue, WA
- Founding
- 04/1997
- Data as of
- 12/2022
- EIN
- 91-1743149
Organization Overview
Mbyc Youth Sailing is located in Bellevue, WA. The organization was established in 1997. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Mbyc Youth Sailing employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mbyc Youth Sailing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mbyc Youth Sailing generated $180.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $168.2k during the year ending 12/2022. While expenses have increased by 6.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROGRAMS HAVE TAUGHT YOUTH THAT SAILING IS SOCIAL, BUILDS STRENGTH AND MENTAL ACUITY, AND RESPECT FOR THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Stefanak Commodore | 15 | $0 | |
Jason Moore Vice Commodore | 10 | $0 | |
Doug Myers Rear Commodore | 10 | $0 | |
Dan Watson Fleet Captain | 10 | $0 | |
Ron Larson Treasurer | 10 | $0 | |
Vic Owen Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $177,484 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $3,200 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $180,694 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $96,330 |
| Professional fees and other payments to independent contractors | $2,059 |
| Occupancy, rent, utilities, and maintenance | $1,101 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,660 |
| Total expenses | $168,150 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,033 |
| Other assets | $0 |
| Total assets | $202,385 |
| Total liabilities | $3,896 |
| Net assets or fund balances | $198,489 |