Rappahannock River Yacht Club Junior Sailing Foundation General Information Contact Information Nonprofit Address Rappahannock River Yacht Club Junior Sailing Foundation 100 Rappahannock Road P.O. Box 55 Irvington, VA 22480 Phone 804 438-6650 Fax 804 438-6650 Web Site www.rryc.org Facebook facebook.com/ Twitter @ At A Glance Year of Incorporation 2012 Organization's type of tax exempt status Public Supported Charity 1
Statements & Search Criteria Mission To provide sailing education to youth and promote: personal growth and independence within the sport; proficiency in boat handling and maintenance; and to develop decision-making skills, while encouraging sportsmanship, leadership and team work by providing sailing equipment and facilities, instruction, coaching, practice and racing opportunities. Background The Rappahannock Yacht Club Junior Sailing Foundation (RRYC-JSF) is a nonprofit 501(c)(3) organization that was formed in the 2011 with to operate as a youth sports organization providing sailing education to any junior sailor, ages 8-15. RRYC s Junior Sailing is a grass roots program which relies heavily on parental and member volunteers for support. All boats used in the RRYC Junior Sailing Program are one-design classes, where the boats are identical in hull shape, rig configuration and speed. The types of boats that are owned and are provided by the RRYC-JSF are the Optimist, Laser and Sunfish which are 8 to 14 feet in length and are manned by one to two sailors. RRYC Junior Sailing is open to the local community and offers both learn-to-sail and competitive sailing classes; such as: inter/intra-club regatta weekend events during spring and fall months for all sailing levels; three one-week instructional classes, on and off the water sessions, in partnership with Premier Sailing School; two weekend adventure fun sails and a Junior Sailing Invitational Regatta hosted by RRYC and open to all Chesapeake Bay region Junior sailors. RRYC was founded in 1936 in Irvington, Virginia, to serve the interests of local pleasure boat owners. Together the first members acquired the present property on Carter s Creek off the Rappahannock River, just down King Carter Drive from Tide s Inn. In those early days, annual regattas featured races for both power and sail boats. By the end of World War II, however, onedesign sailboat racing began to predominate regattas. Hamptons, Snipes, Penguins, and Moths were especially popular. In 1941, a new structure was built, which forms the main portion of the present clubhouse. As interest in yachting declined in the 1950s, membership languished and the property was acquired for commercial use as a resort and marina. RRYC members continued to meet in the clubhouse they had built, however.the club was reorganized in 1970 and was able to lease the clubhouse and grounds the following year. By 1976, the membership reclaimed ownership of the property. The next few years saw upgrades to the pier and slips as well as the construction of the swimming pool that serves the club today. By 1983, establishment of the Rappahannock River Sailing Association and the first Rappahannock Cup races sealed the prominence of sailing on the Rappahannock River and its creeks. Since then, RRYC has maintained a strong racing program and an active cruising schedule. Impact The primary goal of the RRYC Junior Sailing Foundation (RRYC-JSF) is to provide financial support to the RRYC Junior Sailing program where the goals are to:provide training in all aspects of sailing, both racing and recreational.create a fun and safe atmosphere in which young sailors participate.develop sportsmanship, integrity and interpersonal skills.develop a respect for the river/ocean and the elements.learn and incorporate seamanship and safety.instill responsibility for boats and equipment. Needs RRYC Junior Sailing Program is an opportunity to offer an additional form of youth recreation/sport to the local community by providing training in all aspects of sailing, both racing and recreational, not accessible locally though private and public youth establishments.sailing can be an expensive sport and not every family can afford to purchase and maintain their personal sailboat. RRYC-JSF provides that opportunity. Day-to-day challenges include the task of maintaining existing equipment and (or) the purchase of new or used sailboats in order offer quality youth sailing instruction at all levels, from learning basic sailing to competitive racing to the community. 2
Board Chair Statement Junior sailing programs are commonly found in yacht clubs throughout the country and for years have gained in size and popularity. The challenges of RRYC Junior Sailing program is to provide quality sailing instruction at all levels, organize parental involvement and define program structure and solid program funding. The results of RRYC Junior Sailing program add great benefits to RRYC and the extended community. These benefits include: attracting more family participation in sailing/club activities; offering an opportunity for the community to learn a sport; providing a pipeline for potential new members and, ultimately, providing a vehicle that will ensure the survival of sailing for generations to come. Areas Of Service Areas Served Areas Lancaster County Middlesex County Northumberland County RRYC Jr. Sailing servers Lancaster County and surrounding Counties in Virginia's Northern Neck area. Service Categories Recreational Clubs Recreational Clubs Youth Development Programs 3
Programs Programs Description Inter/intra-club regatta weekend events during spring and fall months for all sailing levels;three one-week instructional classes, on and off the water sessions, in partnership with Premier Sailing School;Two weekend adventure fun sails;junior Sailing Invitational Regatta hosted by RRYC open all Chesapeake Bay region Jr. sailors. Budget $2,600.00 Strategy Long term Success Short Term Success Yes The long-term success of the RRYC Junior Sailing Program will develop sportsmanship, integrity and interpersonal skills. Youth sailors will develop a respect for the river/ocean and the elements by learning to incorporate seamanship and safety; which will instill responsibility for boats and equipment. The success of the RRYC Junior Sailing Programs is best measured by the accomplishments of our goals, by watching young sailors advance from basic sailing to more advanced sailing with confidence. 4
Board & Governance Board Chair Board Chair Mr. Thomas A. Asch Company Affiliation Jackson Foundation / Joyner Commercial Term Mar 2014 to Mar 2016 Email tom@shockoedevelopment.com Board Members Name Affiliation Status Thomas A. Asch Jackson foundation / Joyner Commercial Voting Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 12 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 10 Female 2 Unspecified 0 Governance Board Term Lengths 2 Board Term Limits 1 Board Meeting Attendance % 100 Written Board Selection Criteria? Written Conflict of Interest Policy? Under Development No Percentage Making Monetary Contributions 25 Percentage Making In-Kind Contributions 100 Number of Full Board Meetings Annually 12 5
Management Executive Director/CEO Executive Director Mr Pete Clay Term Start Dec 2013 Email commodore@rryc.org Staff Full Time Staff 0 Part Time Staff 0 Volunteers 17 Contractors 0 Retention Rate 0 Plans Organization has a Fundraising Plan? Organization has a Strategic Plan? Years Strategic Plan Considers Directors and Officers Insurance Policy Under Development Under Development N/A Yes 6
Financials Fiscal Year Jan Fiscal Year 2014 Projected Revenue $6,575.00 Projected Expenses $5,320.00 Endowment Value 0 Percentage (if selected) 0% Form 990s Form 990-N Form 990-N Detailed Financials Revenue and Expenses Total Revenue $8,375 $11,004 -- Total Expenses $4,090 $4,089 -- Revenue Sources Foundation and Corporation -- -- -- Contributions Government Contributions $0 $0 $0 Federal -- -- State -- -- Local -- -- Unspecified -- -- Individual Contributions $6,569 $7,514 -- Indirect Public Support -- -- -- Earned Revenue $10 $595 -- Investment Income, Net of Losses -- -- -- Membership Dues -- -- -- Special Events $1,795 $2,895 -- Revenue In-Kind -- -- -- Other -- -- -- 7
Expense Allocation Program Expense $3,213 $3,281 -- Administration Expense $877 $776 -- Fundraising Expense -- $32 -- Payments to Affiliates -- -- -- Total Revenue/Total Expenses 2.05 2.69 -- Program Expense/Total Expenses 79% 80% -- Fundraising Expense/Contributed Revenue 0% 0% -- Assets and Liabilities Total Assets $18,090 $13,805 -- Current Assets $12,067 $6,983 -- Long-Term Liabilities -- -- -- Current Liabilities -- -- -- Total Net Assets $18,090 $13,805 -- Short Term Solvency Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Long-Term Liabilities/Total Assets 0% 0% -- Top Funding Sources Top Funding Source & Dollar Amount -- -- -- Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Currently in a Capital Campaign? No Goal 0 State Charitable Solicitaions Permit Permit? Yes 0 Comments Foundation Comments New organization in 2012.If an organization has gross receipts that are normally $50,000 or less, it can choose to file Form 990-N. 8
Created 04.15.2019. Copyright 2019 The Community Foundation Serving Richmond & Central Virginia 9