Liberty Sailing Club Inc
- Assets
- $170.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 05/1997
- Data as of
- 12/2023
- EIN
- 23-2796032
Organization Overview
Liberty Sailing Club Inc is located in Philadelphia, PA. The organization was established in 1997. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Liberty Sailing Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Liberty Sailing Club Inc generated $180.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $162.6k during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Girardot Rear Commodore | 0 | $0 | |
Frank Stauss Asst Treasurer | 0 | $0 | |
Jp Black Vice Commodore | 0 | $0 | |
Casey Vaughan Treasurer | 0 | $0 | |
Laura Ann Ness Secretary | 0 | $0 | |
Mark Sidell Vice Commodore | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $180,723 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $180,733 |
| 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 | $2,067 |
| Occupancy, rent, utilities, and maintenance | $32,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $128,512 |
| Total expenses | $162,579 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,561 |
| Other assets | $0 |
| Total assets | $170,152 |
| Total liabilities | $3,410 |
| Net assets or fund balances | $166,742 |