Coastal Virgina Youth Sailing Foundation Inc
- Assets
- $212.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 10/2005
- Data as of
- 12/2022
- EIN
- 59-3796556
Organization Overview
Coastal Virgina Youth Sailing Foundation Inc is located in Norfolk, VA. The organization was established in 2005. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Virgina Youth Sailing Foundation 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 12/2022, Coastal Virgina Youth Sailing Foundation Inc generated $95.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $65.2k during the year ending 12/2022. While expenses have increased by 16.6% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION ORGANIZED AND HOSTED THE OPTI-NATIONALS REGATTA AND PROVIDED FUNDRAISING SUPPORT FOR AN OLYMPIC HOPEFUL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Randolph Stokes President | 0.25 | $0 | |
G Benjamin Schill Jr Vice President | 0.25 | $0 | |
David Chase Treasurer | 0.25 | $0 | |
Pj Trudell Secretary | 0.25 | $0 | |
Stricker C Sanford Director | 0.25 | $0 | |
Scott G Kennedy Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $485 |
| Total Program Service Revenue | $94,608 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,093 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,183 |
| Total expenses | $65,183 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,292 |
| Other assets | $0 |
| Total assets | $212,498 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,498 |