Gulf Yachting Association Foundation Inc
- Assets
- $257.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monteagle, TN
- Founding
- 08/1993
- Data as of
- 12/2021
- EIN
- 63-1091730
Organization Overview
Gulf Yachting Association Foundation Inc is located in Monteagle, TN. The organization was established in 1993. 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. Gulf Yachting Association 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 12/2021, Gulf Yachting Association Foundation Inc generated $36.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $4.3k during the year ending 12/2021. 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
PROMOTED THE RACING OF SAILING YACHTS BY AMATEUR SAILORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Moseby President | 1.5 | $0 | |
Janet Miller-Schmidt Board Member | 2 | $0 | |
Chris Luppens Vice President | 1 | $0 | |
Danny Killeen Jr Board Of Direct | 1 | $0 | |
Rob Doolittle Board Of Direct | 1 | $0 | |
Sam Hopkins Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,096 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $799 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,577 |
| Other Revenue | $0 |
| Total Revenue | $36,472 |
| 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 | $1,300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $517 |
| Total expenses | $4,277 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $257,105 |
| Other assets | $0 |
| Total assets | $257,105 |
| Total liabilities | $0 |
| Net assets or fund balances | $257,105 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gulf Yachting Association Foundation Inc has recieved totaling $46.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
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