Coasters Inc is located in Selbyville, DE. The organization was established in 1998. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coasters 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 08/2024, Coasters Inc generated $29.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $25.1k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
REGISTRATION FEES PAID FOR ALL QUALIFYING COMPETITIVE ATHLETES FOR THE 2023-24 SEASON
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Klahr Vice-Preside | 4 | $0 | |
Jen Rice Treasurer | 4 | $0 | |
Denise Browning Secretary | 4 | $0 | |
Erica Wilkins President | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,830 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,777 |
| Other Revenue | $0 |
| Total Revenue | $29,607 |
| 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 | $25,086 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $25,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,770 |
| Other assets | $0 |
| Total assets | $62,770 |
| Total liabilities | $9,659 |
| Net assets or fund balances | $53,111 |