Waikiki Yacht Club Education Foundation
- Assets
- $317.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 02/1988
- Data as of
- 12/2023
- EIN
- 99-0244737
Organization Overview
Waikiki Yacht Club Education Foundation is located in Honolulu, HI. The organization was established in 1988. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waikiki Yacht Club Education Foundation 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 12/2023, Waikiki Yacht Club Education Foundation generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $78.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
SAILING & PADDLING PROGRAM-PROVIDES SAILING & PADDLING INSTRUCTIONS TO PUBLIC & ENCOURAGES EDUCATION & TRAINING OF INDIVIDUALS IN THESE SPORTS TO FOSTER AMATEUR COMPETITION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Connie Smales President/di | 1 | $0 | |
Mark Hazlett Vice Pres/di | 1 | $0 | |
William Arnemann Treasurer/di | 2 | $0 | |
Michiko Wada Secretary/di | 1 | $0 | |
Michael Roth Director | 1 | $0 | |
Cliff Slater Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,571 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,751 |
| Gain or Loss | $778 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,100 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,198 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,943 |
| Total expenses | $78,913 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,966 |
| Other assets | $0 |
| Total assets | $317,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,071 |