Gulf Coast Sailing Foundation
- Assets
- $91.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gulfport, MS
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4531055
Organization Overview
Gulf Coast Sailing Foundation is located in Gulfport, MS. The organization was established in 2012. 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. Gulf Coast Sailing Foundation 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, Gulf Coast Sailing Foundation generated $27.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT OF SAILING COMPETITIONS AND TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Nolte President | 0 | $0 | |
John Dane III Vice President | 0 | $0 | |
Monica Hewes Treasurer | 0 | $0 | |
Courtney Collier Secretary | 0 | $0 | |
Sue Rokaw Board Member | 0 | $0 | |
Tina Martin Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,525 |
| Total Program Service Revenue | $24,445 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,970 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $19,148 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,850 |
| Total expenses | $32,498 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,682 |
| Other assets | $0 |
| Total assets | $91,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $91,686 |