Key West Community Sailing Center Inc
- Assets
- $279.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Key West, FL
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 59-2813351
Organization Overview
Key West Community Sailing Center Inc is located in Key West, FL. The organization was established in 2011. 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. Key West Community Sailing Center 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 12/2021, Key West Community Sailing Center Inc generated $170.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $156.7k during the year ending 12/2021. While expenses have increased by 16.0% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
TO TEACH YOUTH AND ADULTS HOW TO SAIL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Seaton Treasurer | 4 | $0 | |
Keith Macdonald Director | 4 | $0 | |
Jill Edson Director | 4 | $0 | |
Russ Vickers President | 4 | $0 | |
Mike Vickery Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,507 |
| Total Program Service Revenue | $64,870 |
| Membership dues | $47,164 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,653 |
| Total Revenue | $170,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $87,719 |
| Professional fees and other payments to independent contractors | $725 |
| Occupancy, rent, utilities, and maintenance | $7,248 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,985 |
| Total expenses | $156,677 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159,433 |
| Other assets | $0 |
| Total assets | $279,411 |
| Total liabilities | $668 |
| Net assets or fund balances | $278,743 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Key West Community Sailing Center Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Hunter-Ward Foundation Woodland Hills, CA PURPOSE: A MISSION TO TEACH THE GENERAL PUBLIC AND SAILORS OF ALL AGES THE JOYS OF SAILING IN A SAFE AND FUN ENVIRONMENT. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporation For The Promotion Of Rifle Practice And Firearms Safety Anniston, AL | $317,546,538 | $40,102,940 |
Twg 2021 Birmingham Foundation Birmingham, AL | $1,575,838 | $9,654,976 |
Gator Bowl Association Inc Jacksonville, FL | $7,955,828 | $6,548,929 |
Alabama Sports Council Inc Birmingham, AL | $494,111 | $5,878,430 |
Tampa Bay Sports Commission Inc Tampa, FL | $4,945,852 | $6,025,191 |
Orlando After-School All-Stars Inc Orlando, FL | $1,865,607 | $3,872,306 |
Florida Region Of Usa Volleyball Inc Eustis, FL | $2,318,031 | $2,530,772 |
Caps International Inc Miami, FL | $637,848 | $2,567,379 |
Palm Beach Masters Horse Show Inc Wellington, FL | $0 | $140,372 |
Mobile Alabama Bowl Inc Mobile, AL | $1,066,135 | $1,992,885 |
Running Zone Foundation Inc Melbourne, FL | $222,615 | $1,393,967 |
State Wide Amateur Hockey Of Florida Inc Parkland, FL | $0 | $1,249,347 |