Edgewood Sailing School in Cranston, Rhode Island (RI)

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Edgewood Sailing School
Employer Identification Number (EIN)050374361
Name of OrganizationEdgewood Sailing School
AddressPO BOX 25641, Cranston, RI 02905-0641
ActivitiesSchool, college, trade school, etc.
SubsectionEducational Organization
Ruling Date12/1977
DeductibilityContributions are deductible
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$49,863
Amount of Income$84,023
Form 990 Revenue Amount$84,023

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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue$106,354$99,438$84,023
Contributions, gifts, grants, and similar amounts received$52,000$35,935$13,600
Program service revenue including government fees and contracts$0$0$70,418
Membership dues and assessments$54,344$63,496$0
Investment income$10$7$5
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$78,143$88,628$88,213
Total net assets$55,122$54,053$49,863
Excess/Deficit for the year$28,211$10,810$-4,190
Net assets or fund balances at beginning of year$26,911$55,122$54,053
Other changes in net assets or fund balances$0$-11,879$0
Net assets or fund balances at end of year$55,122$54,053$49,863
Balance Sheets
Total assets$67,001$54,053$49,863
Total liabilities$11,879$0$0
Net assets or fund balances$55,122$54,053$49,863
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:A school described in section 170(b)(1)(A)(ii)
Number of organizations supported0
Sum of amounts of support$0
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