Southern Maryland Sailing Foundation Inc
- Assets
- $169.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Marys City, MD
- Founding
- 02/2000
- Data as of
- 12/2022
- EIN
- 31-1673295
Organization Overview
Southern Maryland Sailing Foundation Inc is located in Saint Marys City, MD. The organization was established in 2000. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Southern Maryland Sailing Foundation 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 12/2022, Southern Maryland Sailing Foundation Inc generated $95.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $63.1k during the year ending 12/2022. 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 |
|---|---|---|---|
Josh Morrison Program Director | 40 | $25,288 | |
Mark Gyorgy President | 10 | $0 | |
Guy Barbado Secretary | 2 | $0 | |
Cynthia Stevenson Treasurer | 10 | $0 | |
Stuart Egeli Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,929 |
| Total Program Service Revenue | $47,235 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | -$245 |
| Net Income from Gaming & Fundraising | -$1,239 |
| Other Revenue | $0 |
| Total Revenue | $95,654 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,239 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,738 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,143 |
| Total expenses | $63,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,205 |
| Other assets | $0 |
| Total assets | $169,270 |
| Total liabilities | $33,341 |
| Net assets or fund balances | $135,929 |