Sail Salem Inc in Salem, Massachusetts (MA)
Table of contents:
Sail Salem Inc | |
Employer Identification Number (EIN) | 208157746 |
Name of Organization | Sail Salem Inc |
In Care of Name | David S Smith |
Address | 9 Witchcraft Road, Salem, MA 01970 |
Website | http://www.sailsalem.org |
Subsection | Charitable Organization, Educational Organization |
Ruling Date | 03/2007 |
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 | 2007 |
Assets | $100,000 to $499,999 |
Income | $25,000 to $99,999 |
Filing Requirement | 990 (all other) or 990EZ return |
Asset Amount | $117,238 |
Amount of Income | $67,564 |
Form 990 Revenue Amount | $65,522 |
National Taxonomy of Exempt Entities (NTEE) | Recreation, Sports, Leisure, Athletics: Community Recreational Centers |
Non-representatives - add comments:
Amount of income in 2007: $67,564 (it was $65,522 in 2013)
This organization: | $67,564 |
Other organizations performing similar types of work: | $80,385 |
Assets in 2007: $117,238 (it was $117,238 in 2013)
This organization: | $117,238 |
Other organizations performing similar types of work: | $100,374 |
Expenses in 2013: $83,794
Sail Salem Inc: | $83,794 |
Other organizations performing similar types of work: | $63,143 |
Income to expenses ratio in 2013: 0.8
This organization: | 0.8 |
Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 76.1%
This organization: | 76.1% |
Other organizations performing similar types of work: | 25.2% |
Revenue for 2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total revenue | $139,940 | $82,298 | $65,522 |
Contributions, gifts, grants, and similar amounts received | $129,554 | $62,207 | $49,874 |
Program service revenue including government fees and contracts | $10,386 | $17,762 | $16,440 |
Membership dues and assessments | $0 | $0 | $0 |
Investment income | $0 | $0 | $0 |
Gain/Loss from sale of assets other than inventory | $0 | $2,329 | $-792 |
Gross amount from sale of assets other than inventory | $0 | $4,750 | $1,250 |
Less: cost or other basis and sales expenses | $0 | $2,421 | $2,042 |
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 | $61,321 | $94,991 | $83,794 |
Total net assets | $148,203 | $135,510 | $117,238 |
Excess/Deficit for the year | $78,619 | $-12,693 | $-18,272 |
Net assets or fund balances at beginning of year | $69,584 | $148,203 | $135,510 |
Other changes in net assets or fund balances | $0 | $0 | $0 |
Net assets or fund balances at end of year | $135,510 | $117,238 |
Balance Sheets | |||
2011 | 2012 | 2013 | |
---|---|---|---|
Total assets | $148,203 | $135,510 | $117,238 |
Total liabilities | $0 | $0 | $0 |
Net assets or fund balances | $148,203 | $135,510 | $117,238 |
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 | $327,035 |
Subtotal Support | $327,035 |
Gifts, grants, contributions, and membership fees received | $327,035 |
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 | $0 |
Total Support | $327,035 |
Public Support | $327,035 |
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. | $0 |
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Organizations performing similar types of work | |||||
Id | Name | Address | State | Established | Total Income |
---|---|---|---|---|---|
1 | Wood River Community Young Mens Christian Association Inc | PO BOX 6801, Ketchum, ID 83340-6801 | ID | 1995-09 | $5,940,555 |
2 | Vietnamese American Communitycenter Of The East Bay | 655 International Blvd, Oakland, CA 94606-2911 | CA | 2006-12 | $337,421 |
3 | Unity Sports & Cultural Club | 10 Dunbar Ave, Dorchester, MA 02124-3505 | MA | 2014-07 | $730,978 |
4 | Sand Springs Recreation Center Inc | 61 School St, Williamstown, MA 01267-2411 | MA | 2012-09 | $564,181 |
5 | Tatham Memorial Club Inc | 3 Paul St, W Springfield, MA 01089-2967 | MA | 2002-03 | $160,480 |
6 | Wayland Aquatics And Community Center Inc, Wayland Community Pool | 195 Concord Rd, Wayland, MA 01778 | MA | 2004-09 | $144,237 |
7 | Conway Community Swimming Pool Inc | 309 Whately Rd, Conway, MA 01341 | MA | 2012-11 | $138,390 |
8 | Westford Friends Of Recreation Inc | 46 Lake Shore Dr N, Westford, MA 01886-1532 | MA | 2004-04 | $97,971 |
9 | Sail Salem Inc | 9 Witchcraft Road, Salem, MA 01970 | MA | 2007-03 | $67,564 |
10 | West End Community Center Inc | PO BOX 6524, Boston, MA 02114-0018 | MA | 2009-02 | $46,169 |
11 | Mrt Center Inc | 95 Berkeley Street, Boston, MA 02116-6240 | MA | 2003-10 | $39,256 |
12 | William J Bresnahan Scouting And Community Center Inc | 70 Corey Hill Road, Ashburnham, MA 01430 | MA | 2008-12 | $20,143 |
13 | The Melrose Family Room Inc | 179 Green Street, Melrose, MA 02176 | MA | 2012-03 | $9,326 |
14 | Friends Of The Foxboro Turf Project Inc | Po Box 58, Foxboro, MA 02035 | MA | 2009-04 | $3,934 |
15 | Rise For Haitian Children Inc | 514 Park St, Dorchestr Ctr, MA 02124-2022 | MA | 2013-07 | $2,824 |
16 | Winchester Field Development Council | PO BOX 653, Winchester, MA 01890-0953 | MA | 2009-09 | $20 |
17 | Aquatics Armenia Inc | 45 Shattuck Rd, Watertown, MA 02472-1310 | MA | 2008-05 | $0 |
18 | Belchertown Family Center Inc | 720 Franklin Street, Belchertown, MA 01007 | MA | 2008-09 | $0 |
19 | Friends Of The Bruce Freeman Rail Trail Inc | Po Box 1192, Concord, MA 01742 | MA | 2005-01 | $0 |
20 | Garden House At Look Park Inc | 300 N Main St, Florence, MA 01062-1223 | MA | 2002-04 | $0 |
Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Total | 1,668 |
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