Nonprofits12M Yacht Development Foundation Inc

Arts & Culture

12M Yacht Development Foundation Inc

SOUTHPORT, CT

Total revenue

$238K

Total expenses

$172K

Net assets

$265K

Grants received

$23K

4 grants

EIN

066409216

Tax year

2024

Mission

Established for the acquisition, restoration and preservation of historic america's cup 12 metre yacht and their racing heritage

Financials

FY 2024

Revenue

Contributions & grants$238K
Program service revenue
Investment income
Other revenue
Total revenue$238K

Expenses

Grants paid
Salaries & benefits
Fundraising$22K
Other expenses$172K
Total expenses$172K
Total assets$657K
Net assets$265K

People

5 listed

NameRoleCompensation

PATRICK SIKORSKI

EXECUTIVE DIRECTOR TRUSTEE

Board

60 hrs/wk

SCOTT MACLEOD

TRUSTEE

Board

2 hrs/wk

HERB MARSHALL

TRUSTEE

Board

2 hrs/wk

JEFF NIXON

TRUSTEE

Board

2 hrs/wk

BOB LABANKA

TRUSTEE

Board

2 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$8K
CHARITABLE
2024
$8K
CHARITABLE
2023
$1K
GENERAL CHARITABLE
2023
$7K
CHARITABLE
2022

Funded by

$23K from 2 funders · 4 grants · 2022–2024

The Wolverine Foundation

$22K · 3 grants · 2022–2024

Details

EIN066409216
NTEE codeA85J
Subsection03
Ruling date1996-03
Formed2006
Employees0
Volunteers100
12M YACHT DEVELOPMENT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo