Charleston Community Sailing Inc in Charleston, South Carolina (SC)
Table of contents:
| Charleston Community Sailing Inc | |
| Employer Identification Number (EIN) | 571087618 |
| Name of Organization | Charleston Community Sailing Inc |
| In Care of Name | Miles Martschink |
| Address | Po Box 21811, Charleston, SC 29413 |
| Website | http://charlestoncommunitysailing.org |
| Subsection | Educational Organization |
| Ruling Date | 01/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 2010 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $231,822 |
| Amount of Income | $217,661 |
| Form 990 Revenue Amount | $209,891 |
| National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation |
Non-representatives - add comments:
Amount of income in 2010: $217,661 (it was $146,826 in 2013)
| Charleston Community Sailing Inc: | $217,661 |
| Other organizations performing similar types of work: | $81,788 |
Assets in 2010: $231,822 (it was $165,904 in 2013)
| This organization: | $231,822 |
| Other organizations performing similar types of work: | $33,448 |
Expenses in 2013: $139,647
| This organization: | $139,647 |
| Other organizations performing similar types of work: | $75,206 |
Income to expenses ratio in 2013: 1.6
| Charleston Community Sailing Inc: | 1.6 |
| Other organizations performing similar types of work: | 0.9 |
Grants share in income in 2013: 34.4%
| Charleston Community Sailing Inc: | 34.4% |
| Other organizations performing similar types of work: | 78.3% |
Revenue for 2013
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $138,574 | $134,524 | $146,826 |
| Contributions, gifts, grants, and similar amounts received | $47,239 | $28,788 | $50,581 |
| Program service revenue including government fees and contracts | $75,972 | $96,236 | $82,294 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $59 | $33 | $30 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $15,088 | $9,467 | $13,921 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $20,059 | $14,880 | $19,077 |
| Less: direct expenses from gaming and fundraising events | $4,971 | $5,413 | $5,156 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $216 | $0 | $0 |
| Total expenses | $123,764 | $133,139 | $139,647 |
| Total net assets | $157,343 | $158,729 | $165,904 |
| Excess/Deficit for the year | $14,810 | $1,385 | $7,179 |
| Net assets or fund balances at beginning of year | $142,533 | $157,344 | $158,725 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $158,729 | $165,904 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $157,822 | $158,729 | $165,904 |
| Total liabilities | $479 | $0 | $0 |
| Net assets or fund balances | $157,343 | $158,729 | $165,904 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| 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? | No | No | |
| Total amount involved | $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? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $188,832 |
| Subtotal Support | $227,960 |
| Gifts, grants, contributions, and membership fees received | $227,960 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $39,128 |
| Total Support | $227,960 |
| Public Support | $227,960 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $101,401 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | University Swim Club | Po Box 10442, Knoxville, TN 37939-0442 | TN | 2007-02 | $43,203 |
| 2 | Us Swimming Inc, Usa Swimming | 1 Olympic Plaza, Colorado Springs, CO 80909 | CO | 2006-03 | $40,777,941 |
| 3 | Sea Scout Base Galveston | 7509 Broadway St, Galveston, TX 77554-8921 | TX | 2012-02 | $9,959,938 |
| 4 | Carolina Aquatics Swim Club Inc | PO BOX 5592, Columbia, SC 29250-5592 | SC | 2007-05 | $445,861 |
| 5 | Aquatic Booster Club Of The Southern Marlins Racing Team Inc | PO BOX 30754, Charleston, SC 29417-0754 | SC | 2003-07 | $229,915 |
| 6 | Charleston Community Sailing Inc | Po Box 21811, Charleston, SC 29413 | SC | 2001-01 | $217,661 |
| 7 | Yacht Club Of Hhi Homeowners Inc | PO BOX 5063, Hilton Head, SC 29938-5063 | SC | 2007-12 | $181,487 |
| 8 | Myrtle Beach Riptides Inc, Mbst | 3001 North Kings Highway, Myrtle Beach, SC 29577-3000 | SC | 2009-01 | $32,371 |
| 9 | Greenview Swim Team | PO BOX 4836, Columbia, SC 29240-4836 | SC | 2008-07 | $32,296 |
| 10 | Eastside Aquatic Club | 5017 Coach Hill Dr, Greenville, SC 29615-3813 | SC | 2002-06 | $234 |
| 11 | Columbia Swim League | 4613 Winthrop Ave, Columbia, SC 29206 | SC | 2014-07 | $0 |
| 12 | Crowfield Killer Waves Swim Team | 670 Hamlet Cir, Goose Creek, SC 29445-7116 | SC | 2011-06 | $0 |
| 13 | Cyclone Swimming | 9 S Point Ct, Bluffton, SC 29910-6132 | SC | 2004-04 | $0 |
| 14 | Daniel Island Swim Team Parent Association | 295 Seven Farms Drive Suite C-140, Daniel Island, SC 29492 | SC | 2012-05 | $0 |
| 15 | Folly Beach Wahine Classic | 1536 Oak Island Dr, Charleston, SC 29412 | SC | 2014-08 | $0 |
| 16 | Junior Sailing Of Beafort Inc | 30 Yacht Club Drive, Beaufort, SC 29907 | SC | 2009-04 | $0 |
| 17 | Reach Sailing Program Inc | PO BOX 20673, Charleston, SC 29413-0673 | SC | 2004-11 | $0 |
| 18 | Salty Kidz Incorporated | 208 East Hudson Ave, Folly Beach, SC 29439-1275 | SC | 2013-08 | $0 |
| 19 | Sherwood Pool Inc | Po Box 844, Cowpens, SC 29330 | SC | 2012-03 | $0 |
| 20 | Swim Lesson Foundation | 120 Belle Grove Cir, Columbia, SC 29229-8906 | SC | 2013-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 2,651 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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