OCEAN CITY YACHT CLUB FOUNDATION INC
OCEAN CITY,
New Jersey,
08226
EIN: 85-0863199
Recreation, Sports, Leisure, Athletics
MISSION
TO DEVELOP AND OPERATE A YOUTH SAILING AND MARATIME ACTIVITY PROGRAM TO BENEFIT CHILDREN IN THE COMMUNITY BY TEACHING SPORTSMANSHIP AND TEAMWORK, COMBAT JUVENILE DELINQUENCY, AND EDUCATE YOUTH THROUGH COMPETITION IN THE COMMUNITY.
DEMOGRAPHIC
ADDRESS
100 BAY ROAD
08226
COUNTY
cape may county, NJ
IN CARE OF NAME
FRANK MAYER ESQ
ORGANIZATIONAL OVERVIEW & RANKINGS
OCEAN CITY YACHT CLUB FOUNDATION INC is a based in OCEAN CITY, NJ, focused on Recreation, Sports, Leisure, Athletics causes , specifically Swimming, Water Recreation. Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $70,419.00, this ranks 536,880 among 2,656,690 nonprofits nationally (Top 21%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 14,887 out of 72,131 organizations in NJ (Top 21%).
In cape may county, NJ, the organization ranks 219 out of 1,103 nonprofits by assets (Top 20%), while locally in ocean city, it stands at 37 among 145 organizations (Top 19%).
The organization reported annual revenue of $73,713.00, ranking 442,284 nationally (Top 17%) and 11,599 in NJ (Top 17%).
Within its specific NTEE classification (N67 - N: Recreation, Sports, Leisure, Athletics), which includes 4,403 similar organizations, OCEAN CITY YACHT CLUB FOUNDATION INC ranks 744 in assets (Top 17%) and 1,002 in revenue (Top 23%).
The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N67: Swimming, Water Recreation
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$73,713.00
FORM 990 REVENUE AMOUNT
$73,713.00
RULING DATE
07/2020
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$70,419.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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