Crescent Sailing Association Inc
- Assets
- $344.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grosse Pt Frm, MI
- Founding
- 09/2002
- Data as of
- 10/2023
- EIN
- 30-0060658
Organization Overview
Crescent Sailing Association Inc is located in Grosse Pt Frm, MI. The organization was established in 2002. 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. Crescent Sailing Association 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 10/2023, Crescent Sailing Association Inc generated $136.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $111.4k during the year ending 10/2023. While expenses have increased by 4.1% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FORMAL INSTRUCTION TO ALL INTERESTED STUDENTS IN WATER SAFETY, SAILBOAT OPERATIONS, AND SAILBOAT SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Marsh Executive Director | 4 | $0 | |
Aimee Moran Treasurer | 4 | $0 | |
Loretta Rehe Director | 2 | $0 | |
Paul Nuechterlein Director | 2 | $0 | |
Rob Wood Director | 2 | $0 | |
Ross Nuechterlein Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,783 |
| Total Program Service Revenue | $101,443 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $800 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,047 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,059 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,879 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,494 |
| Total expenses | $111,432 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,249 |
| Other assets | $0 |
| Total assets | $344,024 |
| Total liabilities | $15,438 |
| Net assets or fund balances | $328,586 |