Sarasota Crew Inc
- Assets
- $3.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 33
- Location
- Osprey, FL
- Founding
- 08/2002
- Data as of
- 06/2021
- EIN
- 01-0733041
Organization Overview
Sarasota Crew Inc is located in Osprey, FL. The organization was established in 2002. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Sarasota Crew Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sarasota Crew Inc 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 06/2021, Sarasota Crew Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANZIATION'S MISSION IS TO PROVIDE A POSITIVE, DEVELOPMENTAL AND COMETITIVE ROWING EXPERIENCE FOR YOUTH IN SARASOTA, FL AND TO USE THE SPORT OF ROWING TO PROMOTE A STRONG CHARACTER, INTEGRITY, POSITIVE SELF-CONCEPT, AND HEALTHFUL LIFESTYLE AMONG ITS STUDENT ATHLETES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YOUTH ROWING PROGRAM PROVIDES A POSITIVE, DEVELOPMENTAL AND COMPETITIVE ROWING EXPERIENCE FOR YOUTH IN SARASOTA, FL AND USES THE SPORT OF ROWING TO PROMOTE A STRONG CHARACTER, INTEGRITY, POSITIVE SELF-CONCEPT AND HEALTHFUL LIFESTYLE AMONG ITS STUDENT ATHLETES.
THE REGATTA PROGRAM, WHICH INCLUDES SUMMER PROGRAMMING, CAMPS, AND CLINICS, PROVIDES A POSITIVE DEVELOPMENTAL AND COMPETITIVE ROWING EXPERINCE FOR YOUTH IN SARASOTA, FL AND USES THE SPORT OF ROWING TO PROMOTE A STRONG CHARACTER, INTEGRITY, POSITIVE SELF-CONCEPT, AND HEALTHFUL LIFESTYLE AMONG ITS STUDENT ACTIVIITES.
ORGANIZATION HOLDS AN ANNUAL BANQUET AND OTHER PROGRAM RELATED EVENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Casey Galvanek CEO | 40 | $113,083 | |
Jim Deniro Treasurer | OfficerTrustee | 2 | $0 |
Roy Dupuis Vice Chairma | OfficerTrustee | 2 | $0 |
Eve Goldberg Chairman | OfficerTrustee | 2 | $0 |
Susan Konecny Secretary | OfficerTrustee | 2 | $0 |
Dan Deleo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $265,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $959,408 |
| Noncash contributions included in lines 1a–1f | $10,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,225,008 |
| Total Program Service Revenue | $1,320,801 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$49,217 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,511,291 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $380,438 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,757 |
| Payroll taxes | $28,587 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,872 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,399 |
| Advertising and promotion | $22,235 |
| Office expenses | $7,110 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,215 |
| Travel | $123,730 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $29,480 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $255,969 |
| Insurance | $23,656 |
| All other expenses | $90,262 |
| Total functional expenses | $1,292,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,033 |
| Savings and temporary cash investments | $123,878 |
| Pledges and grants receivable | $200,468 |
| 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 | $69,621 |
| Prepaid expenses and deferred charges | $49,581 |
| Net Land, buildings, and equipment | $2,192,778 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $164,254 |
| Total assets | $3,089,613 |
| Accounts payable and accrued expenses | $40,801 |
| Grants payable | $0 |
| Deferred revenue | $260,474 |
| 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 | $329,380 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $744 |
| Total liabilities | $631,399 |
| Net assets without donor restrictions | $2,257,127 |
| Net assets with donor restrictions | $201,087 |
| 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 | $3,089,613 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sarasota Crew Inc has recieved totaling $57,105.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $51,804 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,600 |
Msc Foundation Inc Sarasota, FL PURPOSE: SUPPORT CHARITABLE ACTIVITIES | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $576 |
Baird Foundation Inc Milwaukee, WI PURPOSE: ARTS | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Circle Square Foundation Ocala, FL | $124,141,413 | $8,724,488 |
United States Masters Swimming Inc Sarasota, FL | $7,327,632 | $3,454,621 |
Usa Water Ski & Wake Sports Inc Auburndale, FL | $1,442,821 | $1,825,367 |
Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Water Sports Foundation Inc Orlando, FL | $355,212 | $1,138,831 |
Huntsville Swim Association Huntsville, AL | $601,008 | $1,169,266 |
Sarasota Sharks Incorporated Sarasota, FL | $1,254,329 | $1,187,905 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Palm Beach Sailing Club Inc West Palm Beach, FL | $1,088,323 | $782,714 |
Coconut Grove Sailing Club Instructional Center Inc Miami, FL | $284,549 | $710,117 |
Sarasota Sailing Squadron Inc Sarasota, FL | $2,108,235 | $790,673 |