Classic Yacht Association

Organization Overview

Classic Yacht Association is located in Glendora, CA. The organization was established in 2016. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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. Classic Yacht Association 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, Classic Yacht Association generated $68.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $74.9k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

ORIGINALLY FORMED OF THIRTEEN CHARTER MEMBERS, THE MEMBERSHIP NUMBERS OVER 300 AND CONTINUES TO GROW. MORE THAN 600 CLASSICS HAVE BEEN REGISTERED BY THE ASSOCIATION SINCE 1969. SIGNIFICANT HISTORICAL RECORDS HAVE BEEN PRESERVED ON VESSELS IN THE ASSOCIATION'S ARCHIVES, AND IN ONE INSTANCE, AN ENTIRE YARD'S RECORDS HAVE BEEN PRESERVED IN A LOCAL MUESEUM AVAILABLE FOR THE GENERAL PUBLIC.IN GENERAL, THE QUALIFICATIONS FOR MEMBERSHIP OF A BOAT THAT IT BE OF GOOD DESIGN, CONSTRUCTION, AND MAINTENANCE, BUILT PRIOR TO DECEMBER 31, 1964, AND SHOW NO EXTERNAL ALTERTIONS THAT DETRACT FROM THE DESIGNER'S ORIGINAL INTENT. ADDITIONAL OBJECTIVES OF THE CLASSIC YACHT ASSOCAITOIN ARE TO PROMOTE, SPONSOR, AND DEVELOP YACHTING ACTIVITIES FOR THE ASSOCIATION AND ITS FLEETS AND TO CULTIVATE A SPIRIT OF FRIENDSHIP AMONG ITS MEMBERS AND THOSE INTERESTED IN THE OLD BOATS AND THEIR ERA. CLASSIC YACHTING IS A DEMANDING BUT REWARDING ACTIVITY THAT IS ENJOYED BY THE MEMBERS, THEIR FAMILIES, AND THEIR FRIENDS. SCRAPING, VARNISHING, REPLACING, AND REPAIRING TAKES UP MUCH OF THE TIME. HOWEVER, ALL OF THE FLEETS MAINTAIN AN ACTIVE SCHEDULE OF CRUISES AND OTHER EVENTS. CYA FLEETS PARTICIPATE IN MANY COMMUNITY ACTIVITIES, OPENING DAY PARADES IN MOST AREAS, AND FUN GET-TOGETHERS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$50,877
Total Program Service Revenue$17,146
Membership dues$0
Investment income $2
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$68,025

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