East Bay Sailing Foundation Inc
- Assets
- $181.6k
- Revenue
- $298.8k
- Investments
- $0.0
- Employees
- 24
- Location
- Bristol, RI
- Founding
- 10/1995
- Data as of
- 12/2021
- EIN
- 05-0475483
Organization Overview
East Bay Sailing Foundation Inc is located in Bristol, RI. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, East Bay Sailing Foundation Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Bay Sailing Foundation 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 12/2021, East Bay Sailing Foundation Inc generated $298.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $171.6k during the year ending 12/2021. 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
SAILING SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAILING PROGRAM FOR YOUTH 8-16 YEARS (150 TOTAL STUDENTS)
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 |
|---|---|---|---|
Richard Feeny President | Officer | 4 | $8,459 |
Robert Millard Director Vice Pres | 3 | $0 | |
Carol Scanlon Director Treasurer | 3 | $0 | |
Brad Haverly Director | 3 | $0 | |
Chris Bjerrrgaard Director | 3 | $0 | |
Kristin Brown Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,808 |
| Related organizations | $0 |
| Government grants | $49,403 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,631 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,842 |
| Total Program Service Revenue | $162,733 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,179 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $298,754 |
| 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 | $101,265 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,762 |
| Payroll taxes | $7,482 |
| Fees for services: Management | $4,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,669 |
| Office expenses | $4 |
| Information technology | $823 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,189 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $171,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,991 |
| Savings and temporary cash investments | $0 |
| 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 | $115,600 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $181,591 |
| Accounts payable and accrued expenses | $72 |
| 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 | $72 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $181,519 |
| Total liabilities and net assets/fund balances | $181,591 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that East Bay Sailing Foundation Inc has recieved totaling $1,532.
| Awarding Organization | Amount |
|---|---|
Carlson Family Foundation Inc Chapel Hill, NC PURPOSE: DISCRETIONARY GRANT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
German International School Boston Inc Allston, MA | $14,706,954 | $10,594,981 |
Whitinsville Christian School Whitinsville, MA | $27,818,325 | $8,582,823 |
Up Education Network Inc Dorchester, MA | $3,246,935 | $4,839,856 |
Bpa Worldwide Inc Shelton, CT | $7,335,509 | $7,366,228 |
Be The Change Inc Brookline, MA | $1,007,559 | $5,361,183 |
Barrington Stage Co Inc Pittsfield, MA | $11,360,632 | $6,989,508 |
Bpe Inc Roxbury, MA | $4,070,890 | $4,376,888 |
Integrated Refugee & Immigrant Services Inc New Haven, CT | $6,147,216 | $7,902,404 |