Singlehanded Sailing Society Inc
- Assets
- $95.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alameda, CA
- Founding
- 06/1978
- Data as of
- 12/2023
- EIN
- 94-2475385
Organization Overview
Singlehanded Sailing Society Inc is located in Alameda, CA. The organization was established in 1978. 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. Singlehanded Sailing Society 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, Singlehanded Sailing Society Inc generated $67.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $56.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. 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
2023
Describe the Organization's Program Activity:
Part 3
SPONSORED NINE RACES FOR COMPETITION OF SINGLEHANDED AND SHORTHANDED SAILORS INCLUDING PRE- AND POST-RACE INFORMATION SHARING EVENTS WITH 1,000 PARTICIPANTS FOR THE YEAR.SPONSORED MEETINGS/SEMINARS/SPEAKERS (ZOOM BASED THIS YEAR) ON EDUCATIONAL TOPICS RELATED TO SAFETY EQUIPMENT, NAVIGATION, AND WEATHER.MAINTAINED AVAILABLE TO THE PUBLIC WEBSITE AND INFORMATION SHARING ONLINE FORUM 24/7/365.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Roche Race Info Offr. | 6.5 | $0 | |
James Vickers Race Officer | 6.5 | $0 | |
Marty Collins Board Member | 6.5 | $0 | |
David Herrigel Shtp Chair | 6.5 | $0 | |
Tom Boussie Race Chair | 6.5 | $0 | |
Joe Balderrama Commodore | 6.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,685 |
| Membership dues | $29,071 |
| Investment income | $88 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,960 |
| Total Revenue | $67,804 |
| 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 | $271 |
| Other expenses | $55,234 |
| Total expenses | $56,805 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,907 |
| Other assets | $0 |
| Total assets | $95,907 |
| Total liabilities | $0 |
| Net assets or fund balances | $95,907 |