WEST END RACING CHILDREN'S COMMUNITY SAILING INC

EIN: 046064566 501(c)(3) Recreation & Sports

TRURO, MA

Total Revenue
$119,129
Total Expenses
$70,207
Total Assets
$292,680
Net Assets
$292,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
MA
Principal Officer
ARTHUR J SANTOS
Phone
4014871321
Tax Period
2024-01-01 to 2024-12-31

WEST END RACING CHILDREN'S COMMUNITY SAILING INC, founded in 1953, is a small nonprofit in the Recreation & Sports sector that reported $119K in total revenue in fiscal year 2024. Revenue surged 259% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 41% operating margin.

Mission

THE PURPOSE OF THE CORPORATION SHALL BE TO PROVIDE LOW-COST, AFFORDABLE INSTRUCTION IN SAILING AND SAILBOAT RACING IN A SAFE AND FUN ENVIRONMENT TO ALL CHILDREN OF QUALIFYING AGE WHO DESIRE TO PARTICIPATE IN THE TOWNS OF PROVINCETOWN AND TRURO MASSACHUSETTS AND TO FOSTER IN YOUNG SAILORS AN APPRECIATION OF THE TOWN'S SAILING HERITAGE AND MARINE ENVIRONMENT AND A DESIRE TO BECOME RESPONSIBLE AND CARING ADULT MEMBERS OF THEIR COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,140
Program Service Revenue $9,510
Investment Income $9,622
Other Revenue $2,857
TOTAL REVENUE $119,129

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,632
Fundraising Expenses $0
Program Expenses $53,836
Other Expenses $37,575
TOTAL EXPENSES $70,207

Year-over-Year Comparison

2024 2023 Change
Revenue $119,129 $33,139 +2.6%
Expenses $70,207 $102,017 -0.3%
Net Income $48,922 $-68,878 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
N/A
Employees
8
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN H ARESON CLERK N/A
Director
$0 $0 $0
CHRISTY FOSTER TREASURER N/A
Officer Director
$0 $0 $0
JANET GREENQUEST DIRECTOR N/A
Director
$0 $0 $0
LEONARD E ENOS III DIRECTOR N/A
Director
$0 $0 $0
AARON KACERGIS DIRECTOR N/A
Director
$0 $0 $0
RUSSELL LAMONTAGNE DIRECTOR N/A
Director
$0 $0 $0
JOHN E MEDEIROS DIRECTOR N/A
Director
$0 $0 $0
REX MCKINSEY DIRECTOR N/A
Director
$0 $0 $0
ARTHUR J SANTOS PRESIDENT N/A
Officer Director
$0 $0 $0
FRANCIS JOHN SANTOS DIRECTOR N/A
Director
$0 $0 $0
JAMES F SANTOS DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $119,129 $70,207 $292,680 $48,922
2023 $33,139 $83,708 $241,980 $-50,569
2022 $49,253 $44,498 $285,791 $4,755
2021 $37,613 $47,653 $291,833 $-10,040
2020 $31,416 $19,280 $301,318 $12,136
2019 $32,928 $70,755 $282,593 $-37,827
2018 $123,866 $56,614 $315,454 $67,252
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