Sail Sand Point
- Assets
- $1.5m
- Revenue
- $872.9k
- Investments
- $0.0
- Employees
- 46
- Location
- Seattle, WA
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 91-1928908
Organization Overview
Sail Sand Point is located in Seattle, WA. The organization was established in 1999. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Sail Sand Point employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sail Sand Point 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, Sail Sand Point generated $872.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $978.9k during the year ending 12/2022. While expenses have increased by 5.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY BOATING CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED CAMP FOR 538 YOUTH SAILORS THROUGH CAMPS AT ONE LOCATION. WE AWARDED 26 SCHOLARSHIPS AMOUNTING TO $11,375. ADDITIONALLY, THROUGH OUR LEEWAY PROGRAM, WE HAD 26 DISADVANTAGED, AT-RISK AND/OR DISABLED YOUTH COME SAILING FOR THE DAY. WE AWARDED THIS GROUP 26 SCHOLARSHIPS. WE HAD 140 RACING PARTICIPANTS, OF WHICH 8 RECEIVED SUBSIDIES AMOUNTING TO $1,100
WE TAUGHT 740 ADULTS TO SAIL WITH 14 SCHOLARSHIPS EQUALING $2,925 THIS IS A WONDERFUL OPPORTUNITY FOR ADULTS TO GET ON THE WATER AND SEE THE WORLD FROM THE AQUATIC ENVIRONMENT OF LAKE WASHINGTON. THESE CLASSES ALLOW MOST STUDENTS TO THEN RENT BOATS FROM US, THUS HAVING THE CHANCE TO INCLUDE THEIR FAMILY AND FRIENDS.
THROUGH OPEN BOATING, OUR BOAT AND SUP (STAND-UP PADDLE BOARDS) RENTAL PROGRAM WE SERVICED 11,300 CUSTOMERS FROM APRIL 15TH TO OCTOBER 30TH. THIS PROVIDES EASY ACCESS TO THE WATER AND SERVES OUR MISSION AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth L Muir Executive Director | Officer | 40 | $77,987 |
Andy Macdonald Treasurer | OfficerTrustee | 2 | $0 |
Tommy Stewart President | OfficerTrustee | 2 | $0 |
Felix Klebe Board Member | Trustee | 2 | $0 |
Thandi Onami Vice President | OfficerTrustee | 2 | $0 |
Wayne Wager Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,726 |
| Total Program Service Revenue | $774,363 |
| Investment income | -$72,337 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,954 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,238 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $872,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $77,987 |
| Compensation of current officers, directors, key employees. | $35,094 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $429,534 |
| Pension plan accruals and contributions | $7,215 |
| Other employee benefits | $38,555 |
| Payroll taxes | $51,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,630 |
| Office expenses | $17,097 |
| Information technology | $8,875 |
| Royalties | $0 |
| Occupancy | $50,404 |
| Travel | $9,802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $588 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,356 |
| Insurance | $42,908 |
| All other expenses | $0 |
| Total functional expenses | $978,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,056 |
| Savings and temporary cash investments | $206,921 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $276,741 |
| Investments—publicly traded securities | $703,123 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,850 |
| Total assets | $1,511,691 |
| Accounts payable and accrued expenses | $31,260 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,260 |
| Net assets without donor restrictions | $1,255,431 |
| Net assets with donor restrictions | $225,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,511,691 |