Totals
- Total revenue
- $453,932
- Total expenses
- $259,801
- Contributions and grants received
- $265,857
- Grants paid
- $0
- Program service revenue
- $188,290
- Investment income
- -$336
- Other revenue
- $121
- Total assets, end of year
- $309,892
- Total liabilities, end of year
- $6,735
- Net assets or fund balances, end of year
- $303,157
- Program services expenses (Part IX)
- $248,938
- Management and general expenses
- $10,593
- Fundraising expenses
- $270
- Program service expenses (Part III)
- $248,938
Program services were 95.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,455
-
1f · All other contributions, gifts and grants
$264,402
-
2a · Program service revenue: LEARN TO ROW FEES
total $186,123 · related or exempt $186,123
-
2b · Program service revenue: UNIFORM SALES
total $2,167 · related or exempt $2,167
-
7b · Less cost or other basis and sales expenses
other assets $336
-
7c · Gain or loss
other assets -$336
-
7d · Net gain or loss
total -$336 · excluded -$336
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$1,455
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS
total $121 · related or exempt $121
-
11e · Other revenue, total
$121
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $103,312 · program services $103,312
-
10 · Payroll taxes
total $8,167 · program services $8,167
-
11c · Fees: accounting
total $8,194 · management and general $8,194
-
11g · Fees: other
total $270 · fundraising $270
-
13 · Office expenses
total $1,197 · management and general $1,197
-
16 · Occupancy
total $14,524 · program services $14,524
-
17 · Travel
total $35,292 · program services $35,292
-
22 · Depreciation, depletion and amortization
total $30,828 · program services $30,828
-
23 · Insurance
total $9,051 · program services $8,603 · management and general $448
-
24a · Other expenses: BOAT REPAIRS AND MAINTE
total $28,015 · program services $28,015
-
24b · Other expenses: UNIFORMS
total $10,252 · program services $10,252
-
24c · Other expenses: FEES
total $9,945 · program services $9,945
-
24d · Other expenses: OTHER
total $496 · management and general $496
-
24e · All other expenses
total $258 · management and general $258
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $22,046 · end of year $30,275
-
2 · Savings and temporary cash investments
end of year $200,000
-
10a · Land, buildings and equipment: cost or other basis
$430,839
-
10b · Land, buildings and equipment: accumulated depreciation
$351,222
-
10c · Land, buildings and equipment, net
beginning of year $86,980 · end of year $79,617
-
17 · Accounts payable and accrued expenses
end of year $6,735
-
27 · Net assets without donor restrictions
beginning of year $109,026 · end of year $303,157
Mission and programs · 2023
Mission
THE PURPOSE OF THIS CORPORATION SHALL BE TO ENCOURAGE AND PROMOTE WATER SPORTS IN THE ITHACA AREA, INCLUDING, BUT NOT LIMITED TO, ROWING, CANOEING, KAYAKING AND SAILING.
Activities or mission (Part I)
PROMOTE WATER SPORTS IN THE ITHACA AREA THROUGH EDUCATIONAL PROGRAMS
-
EXPENSES ASSOCIATED WITH MAINTANCE OF FACILITY & EQUIPMENT, STORAGE AND PAYROLL OF COACHES TO PROVIDE EDUCATION IN WATER SPORT PROGRAMS.
Expenses $248,938 · Revenue $188,411
As filed on the 2023 return.
Listed in Part VII
-
Drew TennantDREW TENNANT
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Kam MisraKAM MISRA
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Beth Leach CebrySARAH BETH LEACH CEBRY
FORMER SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Gill Haines-SharpGILL HAINES-SHARP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kim McKnightKIM MCKNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beth GreeneBETH GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Elliot ShapiroELLIOT SHAPIRO
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Jon GreeneJON GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brent BassoBRENT BASSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brian ErickssonBRIAN ERICKSSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Judy KolkmanJUDY KOLKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349302448
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.