Youth Sailing Foundation Of Indian River County

Organization Overview

Youth Sailing Foundation Of Indian River County is located in Vero Beach, FL. The organization was established in 2010. 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. As of 12/2021, Youth Sailing Foundation Of Indian River County employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Sailing Foundation Of Indian River County 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, Youth Sailing Foundation Of Indian River County generated $920.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $602.3k during the year ending 12/2021. While expenses have increased by 22.3% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO TEACH YOUTHS TO SAIL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPTI CLASSES - CHILDREN 9-14 LEARN TO SAIL ON SATURDAYS USING OPTI 8 FOOT SINGLE PERSON PRAMS. CERTIFIED U.S. SAILING INSTRUCTORS, AIDED BY VOLUNTEERS TEACH SAFETY, BASIC SEAMANSHIP, RIGGING AND UNRIGGING, LAUNCHING, SAILING MANEUVERS, RULES OF THE ROAD AND SPORTSMANSHIP. BEGINNERS SAIL ON SATURDAY MORNINGS WITH THE MORE ADVANCED IN THE AFTERNOON. 420 CLASSES - HIGH SCHOOL STUDENTS SAIL TWO-MAN HIGH PERFORMANCE 12 FOOT 420'S. PRACTICE IS WEDNESDAY AFTER SCHOOL AND SATURDAYS. YSF IN PARTNERSHIP WITH VERO BEACH HIGH SCHOOL COMPETES AT THE VARSITY LEVEL WITH 8-10 ATHLETES EARNING VARSITY LETTERS EACH YEAR. INDIAN RIVER CHARTER SCHOOL IN PARTNERSHIP WITH YSF OFFERS CLUB SAILING. WE ALSO HAVE HOME SCHOOLED HIGH SCHOOL STUDENTS IN THE PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
Pat B Harris
Chairman
$0
Alison Schlitt
Treasurer/director
$0
Patrick Hopkins
Chairman
$0
Beckett C Horner
Secretary
$0
Phillip Barth
Director
$0
George Hinman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$676,918
Noncash contributions included in lines 1a–1f $61,236
Total Revenue from Contributions, Gifts, Grants & Similar$676,918
Total Program Service Revenue$99,099
Investment income $4,790
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $622
Net Income from Fundraising Events $138,781
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $920,210

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Youth Sailing Foundation Of Indian River County has recieved totaling $7,000.

Awarding OrganizationAmount
James F Bell Foundation

Minneapolis, MN

PURPOSE: GENERAL OPERATIONS

$5,000
Scrivan Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$266,978
Earnings$4,790
Net Contributions$21,796
Ending Balance$293,564

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