Massachusetts Bay Sailing Association Inc
- Assets
- $75.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1996
- Data as of
- 12/2019
- EIN
- 04-3261777
Organization Overview
Massachusetts Bay Sailing Association Inc is located in Boston, MA. The organization was established in 1996. 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. Massachusetts Bay Sailing 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 12/2019, Massachusetts Bay Sailing Association Inc generated $23.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Russ Chapman Treasurer | 0 | $0 | |
Jim Whipple Trustee/dire | 0 | $0 | |
Melissa Verrochi Secretary | 0 | $0 | |
Tom Anderson Director | 0 | $0 | |
Lance Ryley Vice Preside | 0 | $0 | |
Joseph Graul Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $825 |
| Total Program Service Revenue | $9,340 |
| Membership dues | $5,825 |
| Investment income | $1,991 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,335 |
| Total Revenue | $23,316 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,439 |
| Other expenses | $19,717 |
| Total expenses | $22,156 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,328 |
| Other assets | $0 |
| Total assets | $75,328 |
| Total liabilities | $0 |
| Net assets or fund balances | $75,328 |