Newport-Balboa Sailing And Seamanship Association is located in Newport Beach, CA. The organization was established in 1998. 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. Newport-Balboa Sailing And Seamanship Association 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 undefined, Newport-Balboa Sailing And Seamanship Association generated $70.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $87.1k during the year ending undefined. While expenses have increased by 1.1% per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
PROVIDE INSTRUCTIONS IN SAILING & SEAMANSHIP. PROMOTE SAILING ACTIVITIES & THE CORINTHIAN SPRIT AMONG THE YOUTH.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Law President/director | 0.5 | $0 | |
James Patterson Vice President/director | 0.3 | $0 | |
Bradford Wheeler Secretary/director | 0.2 | $0 | |
Jay Glasser Director | 0.1 | $0 | |
Ben Benjamin Director | 0.1 | $0 | |
Craig Fletcher Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,868 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $14,295 |
| Total Revenue | $70,163 |
| Statement of Expenses | |
|---|---|
| Total expenses | $87,060 |
| Balance Sheet | |
|---|---|
| Total assets | $52,391 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,391 |