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Mbyc Youth Sailing

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911743149 ✦ Bellevue, WA ✦ Designated as a 501(c)(3)

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Overview

What is Mbyc Youth Sailing?

Mbyc Youth Sailing is a nonprofit organization situated in Bellevue, Washington. Their primary objective is to instill in young individuals the understanding that sailing is not just a solitary activity, but also a social sport that fosters camaraderie. Through their programs, they aim to develop physical strength and enhance mental capabilities in the youth. Furthermore, they cultivate a sense of respect towards the environment among their participants. The programs offered by Mbyc Youth Sailing have proven successful in promoting these values, providing the thrill of challenge and competition in a nurturing environment.


Official website here: www.mbycwa.org

Is Mbyc Youth Sailing legitimate?

Mbyc Youth Sailing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbyc Youth Sailing submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,662

For more financial information, click here


Official website here: www.mbycwa.org

What is the mission statement of Mbyc Youth Sailing?

Mbyc Youth Sailing's mission is centered around instilling valuable life lessons in youth through sailing. The organization strives to portray sailing as a socially engaging activity that not only strengthens physical abilities but also enhances mental acuity. Moreover, Mbyc Youth Sailing is committed to fostering a sense of respect for the environment among its participants. Their programs have proven effective in promoting these principles, providing an avenue for personal growth and the thrill of competition for the youth involved.


Official website here: www.mbycwa.org

What is the revenue of Mbyc Youth Sailing?

Mbyc Youth Sailing's revenue in 2023 was $203,883.


Official website here: www.mbycwa.org

Who are the executives of Mbyc Youth Sailing and what are their salaries?

The average compensation at Mbyc Youth Sailing during 2023 was $5,032. There are 21 employees at Mbyc Youth Sailing.

Here are 6 key members and their salaries:


Jim Stefanak (Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Moore (Vice Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Myers (Rear Commodore)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Watson (Fleet Captain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Larson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vic Owen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mbycwa.org

Where can I find the form 990 for Mbyc Youth Sailing?

Mbyc Youth Sailing's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mbycwa.org

Learn more at the official website: www.mbycwa.org

Mission Statement of Mbyc Youth Sailing

Mbyc Youth Sailing, as a nonprofit organization, is dedicated to instilling in youth the notion that sailing is more than just a solo activity; it's a social sport that promotes camaraderie. The mission of Mbyc Youth Sailing is to nurture strength and mental agility in its participants while fostering a deep respect for the environment. Through its programs, the organization has been successful in encouraging these values and offering its participants the rewards of overcoming challenges and engaging in healthy competition.

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Impact




October, 2024

Mbyc Youth Sailing significantly impacts young individuals by teaching them the valuable life lessons inherent in sailing. By promoting sailing as a social sport, participants learn the importance of teamwork and collaboration. The physical demands of sailing help build both strength and mental acuity, equipping youth with a sense of resilience and determination.

Furthermore, the organization fosters a deep respect for the environment, instilling values of stewardship and sustainability in its participants. Through engaging programs, youth are empowered to face challenges and embrace competition, ultimately enriching their personal development. The overall experience promotes a sense of community and camaraderie, enhancing the social fabric among youth in Bellevue, WA.




This information is meant to be a general summary of Mbyc Youth Sailing. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$203,883 (2023)
Expenses
$194,412 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $193,633
  • Gross Receipts: $203,883

Assets and Liabilities:

  • Total Assets: $202,385
  • Total Liabilities: $3,896
  • Net Assets: $198,489

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Lessons

Revenue

$3,278

Racing Fees

Revenue

$25,746

Regatta Income

Revenue

$12,169

Student enrollment fees

Revenue

$152,440

Organization Details

Principal Officer

Ron Larson

NTEE Category

Code: N40 - Recreation

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