Interscholastic Yacht Racing Association Inc
- Assets
- $239.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 10/2018
- Data as of
- 06/2022
- EIN
- 04-2614121
Organization Overview
Interscholastic Yacht Racing Association Inc is located in San Diego, CA. The organization was established in 2018. 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. This organization is a parent organization of an affiliated group for tax-exemption purposes. Interscholastic Yacht Racing Association 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 06/2022, Interscholastic Yacht Racing Association Inc generated $71.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $71.1k during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 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
EXEMPT PURPOSE ACHIEVEMENTS INCLUDE ORGANIZATION AND ADMINISTRATION OF THREE NATIONAL CHAMPIONSHIP SAILING MEETS IN THREE DIFFERENT DISCIPLINES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Hogan President | 3 | $0 | |
Rob Hurd Vice President | 1 | $0 | |
Casey Schnoor Treasurer | 1 | $0 | |
Bruce Stuart Secretary/counsel | 2 | $0 | |
Jason Lutz Board Member Massa | 1 | $0 | |
Andrew Burr Board Member Nessa | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $62,500 |
| Investment income | $3,628 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $130 |
| Total Revenue | $71,258 |
| 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 | $25,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,071 |
| Total expenses | $71,071 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $225,156 |
| Other assets | $0 |
| Total assets | $239,700 |
| Total liabilities | $0 |
| Net assets or fund balances | $239,700 |