Inter-Collegiate Sailing Association Of North America Inc
- Assets
- $279.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brigantine, NJ
- Founding
- 04/1970
- Data as of
- 12/2021
- EIN
- 23-7024735
Organization Overview
Inter-Collegiate Sailing Association Of North America Inc is located in Brigantine, NJ. The organization was established in 1970. 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. Inter-Collegiate Sailing Association Of North America 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, Inter-Collegiate Sailing Association Of North America Inc generated $71.7k 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 (5.2%) each year. All expenses for the organization totaled $53.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
ORGANIZATION AND ADMINISTRATION OF FIVE DIFFERENT NATIONAL CHAMPIONSHIP REGATTAS IN FIVE DIFFERENT DISCIPLINES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchell Brindley President | 5 | $19,200 | |
Paige Clark Secretary | 1 | $0 | |
Thomas Donahue Treasurer | 1 | $0 | |
Andrew Nelson Director | 0.5 | $0 | |
Charles Higgins Director | 0.5 | $0 | |
Karina Betelsmann Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,383 |
| Total Program Service Revenue | $5,266 |
| Membership dues | $47,600 |
| Investment income | $5,223 |
| Gain or Loss | $8,191 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,663 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,200 |
| Professional fees and other payments to independent contractors | $13,849 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,355 |
| Total expenses | $53,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $227,575 |
| Other assets | $0 |
| Total assets | $279,159 |
| Total liabilities | $0 |
| Net assets or fund balances | $279,159 |
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