2025-10-23T08:28:11-05:00 2024-12-31 920918550 WEALTHSTONE TAX ADVISORS 5475 Rings Road Ste 475 Dublin OH 43017 990EZ 2024-01-01 310896393 The Leatherlips Yacht Club Inc LEAT 6148898997 9230 Shawnee Trail Powell OH 430655012 Susan Fawcett Treasurer 6142888907 2025-10-23 0 0 Michael C Cobetto P01242129 6146558850 2025-10-22 2024 2025-03-06 01:10:19Z X X www.leatherlips.com X X 163022 X 1674 77237 80324 3457 330 163022 49137 40945 53 50389 140524 22498 353335 -2002 373831 X 253229 279259 90346 89536 14530 9582 358105 378377 4770 4546 353335 373831 X To provide the necessary facilities for sailing enthusiasts to participate in pleasure sailing, provide learn to sail activities for children and adults, and to conduct, promote and participate in local and national sailboat racing events with a focus on safety. Sports Competitions Programs; Hosted and provided safety equipment for 49 sailing races from May through October for members and guests; In addition, there were 11 regattas: Each regatta is a minimum of 3 races. The Laser fleet also held 120 races on Tuesday nights throughout the sailing season. A Junior Racing Team was active with 12 children and 4 adult coaches. The racing team practiced weekly and attended regattas. A high school Sailing Team was active for the 4th year with 17 spring participants and 19 fall participants, and 3 coaches. (Some students participated in both) They practiced weekly and participated in regattas. Non-racing recreational boating activity by members in their sailboats, kayaks and rowing shells also is a significant activity, but participation levels are not recorded or tracked. 0 0 Boating Programs: Provided sailing instruction to 154 students (children and adults) in the Sailing School program. Various sizes of club owned boats were used to accomodate a wide variety of skill and age. Many students were first time sailors. 0 0 Leisure, Recreational and Safety Activities: Our social activites during the year included 4 picnics following holiday club regattas. There were 28 Friday night potlucks, a commodore's reception, and 2 work parties. Our annual awards banquet took place in January. Our Racing and Safety Chairman provided classes to members on how to serve on race committees and boat safety. The Junior race team offered a boat wash to raise funds so that they could attend regattas and pay their coach. A CPR course was held in November and a US Sailing Level 1 Instructor course was held in May. 0 0 Robert White Commodore 20.00 0 0 0 Matt Pitsenbarger Vice Commodore 10.00 0 0 0 Warren Watkins Rear Commodore 10.00 0 0 0 Susan Fawcett Treasurer 15.00 0 0 0 Joe Hunt Member at Large 5.00 0 0 0 Dick Bartz Member at Large 5.00 0 0 0 Matt Mandry Immediate Past Commodore 2.00 0 0 0 Sam Trost Fleet Captain 10.00 0 0 0 Carolyn Tanner Secretary 15.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 OH Susan Fawcett 9230 Shawnee Trail Powell OH 43065 6148898997 0 0 0 0 0 0 0 Form 990-EZ, Part I, Line 4 - Other Investment Income Description: Interest Income on cash balances. Amount: 3,457. Total to Form 990-EZ, line 14: 40,945. Form 990-EZ, Part I, Line 8 - Other Revenue Description: Burgee Sales. Amount: 330. Form 990-EZ, Part I, Line 14 Description: Depreciation. Amount: 5,758. Description: Other Expenses. Amount: 35,187. Form 990-EZ, Part I, Line 16 - Other Expenses Description: Insurance. Amount: 19,190. Description: Boat Dock Maintenance and Registrations out. Amount: 4,969. Description: Sailing School Expense. Amount: 10,115. Description: Racing and Safety. Amount: 1,495. Description: Social event expenses. Amount: 3,212. Description: Junior Sailing Racing Expenses. Amount: 2,856. Description: Other Miscellaneous Expenses. Amount: 549. Description: Dues and Subscriptions. Amount: 275. Description: High School Sailing Expenses. Amount: 4,818. Description: Club Management Software. Amount: 2,910. Total to Form 990-EZ, line 16: 50,389. Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets Description: Prior Year Adjustment. Amount: -2,002. Form 990-EZ, Part II, Line 24 - Other Assets Description: Other Depreciable Assets. Beg. of Year Amount: 14,530. End of Year Amount: 9,582. Form 990-EZ, Part II, Line 26 - Other Liabilities Description: Sales Tax Payable. Beg. of Year Amount: 4,770. End of Year Amount: 4,546. The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.