Flying Scot Sailing Association International Inc
- Assets
- $136.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 03/1982
- Data as of
- 12/2023
- EIN
- 57-0724971
Organization Overview
Flying Scot Sailing Association International Inc is located in Columbia, SC. The organization was established in 1982. 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. Flying Scot Sailing Association International 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 12/2023, Flying Scot Sailing Association International Inc generated $80.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $79.7k during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
THE ORGANIZATION FOSTERS SPORTS COMPETITION AMONGAMATEURS IN THE FORM OF SANCTIONED SAIL BOAT RACINGEVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Dunham Immediate Past Commodore | 4 | $0 | |
James A Leggette President | 2 | $0 | |
Nina Cummings First Vice President | 2 | $0 | |
Bruce Kitchen Second Vice President | 2 | $0 | |
Nancy Claypool Commodore | 2 | $0 | |
Jim Colegrove Secretary/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,570 |
| Total Program Service Revenue | $0 |
| Membership dues | $52,140 |
| Investment income | $1,404 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24,607 |
| Total Revenue | $80,721 |
| 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 | $38,965 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $17,354 |
| Other expenses | $23,357 |
| Total expenses | $79,676 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,913 |
| Other assets | $0 |
| Total assets | $136,203 |
| Total liabilities | $15,465 |
| Net assets or fund balances | $120,738 |