Form 990 for tax year 2022
Filed by VENICE YOUTH BOATING ASSOCIATION INC.
Totals
- Total revenue
- $360,388
- Total expenses
- $260,316
- Contributions and grants received
- $218,278
- Grants paid
- $0
- Program service revenue
- $135,667
- Investment income
- $412
- Other revenue
- $6,031
- Total assets, end of year
- $402,801
- Total liabilities, end of year
- $16,566
- Net assets or fund balances, end of year
- $386,235
- Program services expenses (Part IX)
- $228,508
- Management and general expenses
- $28,756
- Fundraising expenses
- $3,052
- Program service expenses (Part III)
- $228,508
Program services were 87.8% 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.
-
1f · All other contributions, gifts and grants
$218,278
-
2a · Program service revenue: BOATING CLASSES
total $135,667 · related or exempt $135,667
-
3 · Investment income
total $751 · related or exempt $751
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
other assets $17,970
-
7b · Less cost or other basis and sales expenses
other assets $18,309
-
7c · Gain or loss
other assets -$339
-
7d · Net gain or loss
total -$339 · related or exempt -$339
-
8a · Fundraising events: gross income
$10,808
-
8b · Fundraising events: direct expenses
$8,309
-
8c · Net income from fundraising events
total $2,499
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$807
-
10c · Net income from sales of inventory
total $807 · excluded $807
-
11a · Other revenue: MISCELLANEOUS
total $2,725 · related or exempt $2,725
-
11e · Other revenue, total
$2,725
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $123,950 · program services $123,950
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $7,307 · program services $7,307
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $12,074 · management and general $12,074
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $278 · management and general $278
-
12 · Advertising and promotion
total $8,252 · management and general $5,200 · fundraising $3,052
-
13 · Office expenses
total $8,286 · management and general $8,286
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $35,980 · program services $35,980
-
23 · Insurance
total $25,648 · program services $25,648
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $12,413 · program services $12,413
-
24b · Other expenses: PRAM SHED
total $10,738 · program services $10,738
-
24c · Other expenses: OTHER PROGRAM EXPENSES
total $6,469 · program services $6,469
-
24d · Other expenses: REGATTAS HOSTED
total $3,504 · program services $3,504
-
24e · All other expenses
total $5,417 · program services $2,499 · management and general $2,918
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $76,935 · end of year $146,717
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $2,526 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $16,680 · end of year $19,027
-
10a · Land, buildings and equipment: cost or other basis
$625,940
-
10b · Land, buildings and equipment: accumulated depreciation
$410,613
-
10c · Land, buildings and equipment, net
beginning of year $175,230 · end of year $215,327
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $19,701 · end of year $21,730
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $10,992 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,639 · end of year $1,750
-
19 · Deferred revenue
beginning of year $12,965 · end of year $14,816
-
27 · Net assets without donor restrictions
beginning of year $284,460 · end of year $386,235
Mission and programs · 2022
Mission
TEACH BEGINNING SAILING, PROVIDE CONTINUING EDUCATION IN SAILING TECHNIQUES, STRESS SPORTSMANSHIP, SEAMANSHIP AND WATER SAFETY TO REDUCE BOATING ACCIDENTS AND INCREASE ENJOYMENT OF BOATING.
-
THE SUMMER PROGRAM AND YEARLY PROGRAM TAUGHT YOUTH TO SAIL SAFELY. THE ADVANCED PROGRAM FURTHERED INTEREST AND BOAT SAFETY EDUCATION AMONG YOUTH
Expenses $228,508 · Revenue $360,388
As filed on the 2022 return.
Listed in Part VII
-
JOSEPH OCCHINO
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
RICHARD LAWSON
Director
- Total calculated
- $0
- Hours/week
- 2
-
EDMUND CAMPBELL III
Director
- Total calculated
- $0
- Hours/week
- 2
-
FLORENCE FAULS
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
SHAUN D GRASER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
MICHAEL KIRK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KIM WHITEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
RENEE FENTON
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 10
-
STEPHANIE MCKEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SARA GILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
KALI REGAN
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
JAY FAHS JR
BOARD MEMBER
- 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
- 2022
- Filed
- 27 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303009349300230
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