East Coast Gold Inc
- Assets
- $13.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 05/2001
- Data as of
- 12/2023
- EIN
- 23-3077235
Organization Overview
East Coast Gold Inc is located in Virginia Beach, VA. The organization was established in 2001. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. East Coast Gold 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 12/2023, East Coast Gold Inc generated $33.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $34.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. 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 |
|---|---|---|---|
Leo Totten CEO | 30 | $0 | |
Phil Sabatini President | 20 | $1,300 | |
Cait Finn Vice President | 10 | $0 | |
Brenden Mcdaniel Key Employee | 10 | $700 | |
Conner West Key Employee | 10 | $650 | |
Rachel Clemmer Key Employee | 0.5 | $100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,542 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,750 |
| Professional fees and other payments to independent contractors | $875 |
| Occupancy, rent, utilities, and maintenance | $1,500 |
| Printing, publications, postage, and shipping | $274 |
| Other expenses | $28,605 |
| Total expenses | $34,004 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,192 |
| Other assets | $0 |
| Total assets | $13,192 |
| Total liabilities | $2,530 |
| Net assets or fund balances | $10,662 |