NonprofitsLaser Class Association Inc

Recreation & Sports

Laser Class Association Inc

AUSTIN, TX

Total revenue

$2.4M

Total expenses

$2.3M

Net assets

$1.3M

Grants received

EIN

463045188

Tax year

2024

Mission

To foster national and international amateur athletic competition in the sport of sailing Laser class sailboats including conducting national and international sports competitions for Olympic athletes and athletes seeking to qualify for the Olympic Games.

Programs

2 programs

Equipment Certification -- Ensured the principles of equality and fair play through the certification of sailing equipment to be used in competition. Carried out inspections and audits of all equipment manufacturers to ensure compliance with rules and building specifications. Carried out equipment inspections on-site at events to ensure all equipment meets rules and manufacturing requirements. Oversaw and managed updates and change register for the technical building specifications documents. Trained and certified six new volunteer measurers and equipment inspectors for use in future events.

Expenses: $536K

Media and Publications -- Facilitated communication with athletes around the world by publishing news and information on websites and social media reaching over 500,000 people worldwide. Handled media and press coverage for sailing competitions for all World Championships. Managed and updated social media and website with current news and information about ILCA sailing events. Published annual handbook with rules and regulations to inform athletes of compliance requirements and assure fair and equal competition at events worldwide.

Expenses: $215K

Financials

FY 2024

Revenue

Contributions & grants$145K
Program service revenue$2.1M
Investment income$24K
Other revenue$106K
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.3M
Total expenses$2.3M
Total assets$2.6M
Net assets$1.3M

People

10 listed

NameRoleCompensation

Tracy Usher

President

Board

10 hrs/wk

Jean-Luc Michon

World Council Member

Board

5 hrs/wk

Ryan Minth

World Council Member

Board

5 hrs/wk

Ken Hurling

World Council Member

Board

5 hrs/wk

Aileen Loo

World Council Member

Board

5 hrs/wk

Mark Lyttle

Vice President

Board

5 hrs/wk

Carlos Palombo

World Council Member

Board

5 hrs/wk

Takao Otani

World Council Member

Board

5 hrs/wk

Nick Page

Treasurer

Board

5 hrs/wk

Eric Faust

Executive Secretary

Board

40 hrs/wk

Independent contractors

Ocean Sports Consulting LLC

Management services

$165K

Details

EIN463045188
NTEE codeN67
Subsection03
Ruling date2015-12
Formed2013
Employees0
Volunteers500
LASER CLASS ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo