Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
EIN 04-3293135 • 501(c)3 • East Sandwich, MA
Profile
The wianno sailing foundation actively promotes recreational and competitive sailing on multiple fronts. Although this foundation owns the land and buildings that are leased to the wianno yacht club, we successfully reach and support sailing to a much wider community.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
83rd percentile
Higher debt load relative to revenue than 83% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
35th percentile
Faster asset growth than 35% of similar nonprofits.
Revenue Growth
69th percentile
Faster revenue growth than 69% of similar nonprofits.
Assets
Down$1,464,620
Down $11,997 (-0.8%) from 2023
Liabilities
Down$60,000
Down $60,000 (-50%) from 2023
Net Assets
Up$1,404,620
Up $48,003 (+3.5%) from 2023
Revenue
Up$97,990
Up $16,442 (+20%) from 2023
Expenses
Up$50,589
Up $13,016 (+35%) from 2023
Net Income
Up$47,401
Up $3,426 (+7.8%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
The Wianno Sailing Foundation actively promotes recreational and competitive sailing on multiple fronts. Although this foundation owns the land and buildings that are leased to the Wianno Yacht Club, we successfully reach and support sailing to a much wider community.
Promotes sailing education.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $1,009,720 | $1,003,749 | ▼ $5,971 |
| Investments in Publicly Traded Securities | $434,114 | $430,181 | ▼ $3,933 |
| Cash and Non-Interest-Bearing Accounts | $29,800 | $29,057 | ▼ $743 |
| Savings and Temporary Cash Investments | $2,983 | $1,633 | ▼ $1,350 |
| Total Assets | $1,476,617 | $1,464,620 | ▼ $11,997 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $120,000 | $60,000 | ▼ $60,000 |
| Total Liabilities | $120,000 | $60,000 | ▼ $60,000 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,356,617 | $1,404,620 | ▲ $48,003 |
| Total Net Assets Fund Balance | $1,356,617 | $1,404,620 | ▲ $48,003 |
| Total Liabilities and Net Assets / Fund Balance | $1,476,617 | $1,464,620 | ▼ $11,997 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Land | $825,617 | - | $825,617 |
| Buildings | $178,132 | $54,734 | $232,866 |
| Name | Title |
|---|---|
| Anthony Will | President |
| John Griffin | Director |
| Michael Benoit | Director |
| Wendy Johnson | Director |
| Geoffrey Lenk | Director/tre |
| Samuel Mullin | Assistant Cl |
| Lucy Duffield Steere | Clerk |
| Jeffrey Oakes | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $29,845 |
| Other Expenses | $20,744 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $29,845 | - | - | $29,845 |
| Fees for Services Other | $7,059 | - | - | $7,059 |
| Depreciation Depletion | $5,971 | - | - | $5,971 |
| Fees for Services Accounting | - | $4,850 | - | $4,850 |
| Office Expenses | $868 | $869 | - | $1,737 |
| Insurance | $1,091 | - | - | $1,091 |
| Fees for Services Legal | - | $36 | - | $36 |
| Total Functional Expenses | $44,834 | $5,755 | $0 | $50,589 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Wianno Senior Class Association in | South Yarmouth, MA | 501c3 | Boat Maint Storage | $6,000 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $6,666 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Speaker | $25,960 | - | $2,458 | - |
| Total Events | $25,960 | - | $6,666 | $-6,666 |
“The form 990 is distributed electronically to all of the board members for review.”
“The organization makes its governing documents available to the public upon request.”
“The wianno sailing foundation actively promotes recreational and competitive sailing on multiple fronts. Although this foundation owns the land and buildings that are leased to the wianno yacht club, we successfully reach and support sailing to a much wider community.”
“Form 990, part iii, line 4a, program service accomplishments: the sailing school remains accessible to all in the region who want to learn how to sail. There are a few safety qualifications that everyone must meet before being admitted, as we do not have an adaptive sailing program at this time. Lastly, the sailing school was given by a wianno senior, a larger, heavier boat for use by our students or any yacht club sailing director who wishes to expose their students to a different type of vessel. Wsf is grateful for the use of this boat, which provides a sailing experience that few can experience anymore. The wianno sailing foundation, inc is extremely proud of its robust and popular sailing school.”
“The wianno sailing foundation, inc. (wsf) continues to ensure that a robust, thriving sailing program exists at 101 bridge street, osterville, ma. Summer of 2024 brought students to our classes, and the return of junior and senior sailing instructors ensures a degree of continuity and safety for all. Wsf promotes and supports four programs within the sailing school: "learn to sail", mab, opti and 420 racing teams, and private lessons. "learn to sail" taught a total of 132 students and remains one of our more popular programs. Mab is for the older students who have graduated from the opti class but no interest in racing. In addition, we integrate racing into the curriculum and private lessons for those families whose schedules conflict with sailing school class times. The sailing school remains accessible to all in the region who want to learn how to sail. There are a few safety qualifications that everyone must meet before being admitted, as we do not have an adaptive sailing program at this time. Lastly, the sailing school was given a wianno senior, a larger, heavier boat for use by our students or any yacht club sailing director who wishes to expose their students to a different type of vessel. Wsf is grateful for the use of this boat, which provides a sailing experience that few can experience anymore. The wianno sailing foundation, inc is extremely proud of its robust and popular sailing school.”
“In 2024, the wianno sailing foundation, inc. Distributed gifts and grants totaling 29,845: barnstable yacht club 501(c)(7) received 2,500 to underwrite green fleet entry fees to support and encourage first time racers. Bass river yacht club 501(c)(7) received 3,000 to promote their adaptive sailing program. Nantucket community sailing was granted 1,501 in order to purchase costs for kayak pivots, stabilizers, and a paddling seat. Pleasant bay community boating was granted 2,688 to promote their adaptive sailing program. Sail cape cod received 956 to over the cost of a mast step replacement. Stone horse yacht club 501(c)(7) received 2,720 to cover the costs of green fleet sailors to support and encourage first time racers. 34 entries were paid for with these funds. Wequaquet yacht club received 880 to cover costs of green fleet sailors and to support and encourage first time racers. 22 entries were paid with these funds. Wianno senior class association was gifted 6,000 to cover partial maintenance and storage for boats used in wianno yacht club sailing school and available to regional sailing programs. Wianno yacht club 501(c)(7) was given 4,975 to cover green fleet entry fees forfirst time racers. Wild harbor yacht club was given 4,625 to launch a sailing school scholarship fund.”
“7,059 0 0”
“Form 990, part x, line 10: land, buildings and equipment: section 1.263(a)-3(n) election wianno sailing foundation inc 10 goose point lane east sandwich, ma 02537 ein: 04-3293135 wianno sailing foundation inc. Is electing to capitalize repair and maintenance costs under regulation section 1.263(a)-3(n).”
“Book / tax depreciation difference 5,971”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | THE WIANNO SAILING FOUNDATION, INC. (WSF) CONTINUES TO ENSURE THAT A ROBUST, THRIVING SAILING PROGRAM EXISTS AT 101 BRIDGE STREET, OSTERVILLE, MA. SUMMER OF 2024 BROUGHT STUDENTS TO OUR CLASSES, AND THE RETURN OF JUNIOR AND SENIOR SAILING INSTRUCTORS ENSURES A DEGREE OF CONTINUITY AND SAFETY FOR ALL. WSF PROMOTES AND SUPPORTS FOUR PROGRAMS WITHIN THE SAILING SCHOOL: "LEARN TO SAIL", MAB, OPTI AND 420 RACING TEAMS, AND PRIVATE LESSONS. "LEARN TO SAIL" TAUGHT A TOTAL OF 132 STUDENTS AND REMAINS ONE OF OUR MORE POPULAR PROGRAMS. MAB IS FOR THE OLDER STUDENTS WHO HAVE GRADUATED FROM THE OPTI CLASS BUT NO INTEREST IN RACING. IN ADDITION, WE INTEGRATE RACING INTO THE CURRICULUM AND PRIVATE LESSONS FOR THOSE FAMILIES WHOSE SCHEDULES CONFLICT WITH SAILING SCHOOL CLASS TIMES. THE SAILING SCHOOL REMAINS ACCESSIBLE TO ALL IN THE REGION WHO WANT TO LEARN HOW TO SAIL. THERE ARE A FEW SAFETY QUALIFICATIONS THAT EVERYONE MUST MEET BEFORE BEING ADMITTED, AS WE DO NOT HAVE AN ADAPTIVE SAILING PROGRAM AT THIS TIME. LASTLY, THE SAILING SCHOOL WAS GIVEN A WIANNO SENIOR, A LARGER, HEAVIER BOAT FOR USE BY OUR STUDENTS OR ANY YACHT CLUB SAILING DIRECTOR WHO WISHES TO EXPOSE THEIR STUDENTS TO A DIFFERENT TYPE OF VESSEL. WSF IS GRATEFUL FOR THE USE OF THIS BOAT, WHICH PROVIDES A SAILING EXPERIENCE THAT FEW CAN EXPERIENCE ANYMORE. THE WIANNO SAILING FOUNDATION, INC IS EXTREMELY PROUD OF ITS ROBUST AND POPULAR SAILING SCHOOL. |
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| IRS990/MissionDesc | 0 | THE WIANNO SAILING FOUNDATION ACTIVELY PROMOTES RECREATIONAL AND COMPETITIVE SAILING ON MULTIPLE FRONTS. ALTHOUGH THIS FOUNDATION OWNS THE LAND AND BUILDINGS THAT ARE LEASED TO THE WIANNO YACHT CLUB, WE SUCCESSFULLY REACH AND SUPPORT SAILING TO A MUCH WIDER COMMUNITY. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | IN 2024, THE WIANNO SAILING FOUNDATION, INC. DISTRIBUTED GIFTS AND GRANTS TOTALING 29,845: BARNSTABLE YACHT CLUB 501(C)(7) RECEIVED 2,500 TO UNDERWRITE GREEN FLEET ENTRY FEES TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. BASS RIVER YACHT CLUB 501(C)(7) RECEIVED 3,000 TO PROMOTE THEIR ADAPTIVE SAILING PROGRAM. NANTUCKET COMMUNITY SAILING WAS GRANTED 1,501 IN ORDER TO PURCHASE COSTS FOR KAYAK PIVOTS, STABILIZERS, AND A PADDLING SEAT. PLEASANT BAY COMMUNITY BOATING WAS GRANTED 2,688 TO PROMOTE THEIR ADAPTIVE SAILING PROGRAM. SAIL CAPE COD RECEIVED 956 TO OVER THE COST OF A MAST STEP REPLACEMENT. STONE HORSE YACHT CLUB 501(C)(7) RECEIVED 2,720 TO COVER THE COSTS OF GREEN FLEET SAILORS TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. 34 ENTRIES WERE PAID FOR WITH THESE FUNDS. WEQUAQUET YACHT CLUB RECEIVED 880 TO COVER COSTS OF GREEN FLEET SAILORS AND TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. 22 ENTRIES WERE PAID WITH THESE FUNDS. WIANNO SENIOR CLASS ASSOCIATION WAS GIFTED 6,000 TO COVER PARTIAL MAINTENANCE AND STORAGE FOR BOATS USED IN WIANNO YACHT CLUB SAILING SCHOOL AND AVAILABLE TO REGIONAL SAILING PROGRAMS. WIANNO YACHT CLUB 501(C)(7) WAS GIVEN 4,975 TO COVER GREEN FLEET ENTRY FEES FORFIRST TIME RACERS. WILD HARBOR YACHT CLUB WAS GIVEN 4,625 TO LAUNCH A SAILING SCHOOL SCHOLARSHIP FUND. |
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| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | SOUTH YARMOUTH |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | PART 1, LINE 2 ALL GRANT AWARDS ARE RELATED TO MISSSION. A WRITTEN REQUEST DETAILING FINANCIAL NEEDS AND THE PURPOSE OF THE GRANT ARE SUBMITTED TO THE ORGANIZATION. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 4, PART IV |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE WIANNO SAILING FOUNDATION ACTIVELY PROMOTES RECREATIONAL AND COMPETITIVE SAILING ON MULTIPLE FRONTS. ALTHOUGH THIS FOUNDATION OWNS THE LAND AND BUILDINGS THAT ARE LEASED TO THE WIANNO YACHT CLUB, WE SUCCESSFULLY REACH AND SUPPORT SAILING TO A MUCH WIDER COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: THE SAILING SCHOOL REMAINS ACCESSIBLE TO ALL IN THE REGION WHO WANT TO LEARN HOW TO SAIL. THERE ARE A FEW SAFETY QUALIFICATIONS THAT EVERYONE MUST MEET BEFORE BEING ADMITTED, AS WE DO NOT HAVE AN ADAPTIVE SAILING PROGRAM AT THIS TIME. LASTLY, THE SAILING SCHOOL WAS GIVEN BY A WIANNO SENIOR, A LARGER, HEAVIER BOAT FOR USE BY OUR STUDENTS OR ANY YACHT CLUB SAILING DIRECTOR WHO WISHES TO EXPOSE THEIR STUDENTS TO A DIFFERENT TYPE OF VESSEL. WSF IS GRATEFUL FOR THE USE OF THIS BOAT, WHICH PROVIDES A SAILING EXPERIENCE THAT FEW CAN EXPERIENCE ANYMORE. THE WIANNO SAILING FOUNDATION, INC IS EXTREMELY PROUD OF ITS ROBUST AND POPULAR SAILING SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE WIANNO SAILING FOUNDATION, INC. (WSF) CONTINUES TO ENSURE THAT A ROBUST, THRIVING SAILING PROGRAM EXISTS AT 101 BRIDGE STREET, OSTERVILLE, MA. SUMMER OF 2024 BROUGHT STUDENTS TO OUR CLASSES, AND THE RETURN OF JUNIOR AND SENIOR SAILING INSTRUCTORS ENSURES A DEGREE OF CONTINUITY AND SAFETY FOR ALL. WSF PROMOTES AND SUPPORTS FOUR PROGRAMS WITHIN THE SAILING SCHOOL: "LEARN TO SAIL", MAB, OPTI AND 420 RACING TEAMS, AND PRIVATE LESSONS. "LEARN TO SAIL" TAUGHT A TOTAL OF 132 STUDENTS AND REMAINS ONE OF OUR MORE POPULAR PROGRAMS. MAB IS FOR THE OLDER STUDENTS WHO HAVE GRADUATED FROM THE OPTI CLASS BUT NO INTEREST IN RACING. IN ADDITION, WE INTEGRATE RACING INTO THE CURRICULUM AND PRIVATE LESSONS FOR THOSE FAMILIES WHOSE SCHEDULES CONFLICT WITH SAILING SCHOOL CLASS TIMES. THE SAILING SCHOOL REMAINS ACCESSIBLE TO ALL IN THE REGION WHO WANT TO LEARN HOW TO SAIL. THERE ARE A FEW SAFETY QUALIFICATIONS THAT EVERYONE MUST MEET BEFORE BEING ADMITTED, AS WE DO NOT HAVE AN ADAPTIVE SAILING PROGRAM AT THIS TIME. LASTLY, THE SAILING SCHOOL WAS GIVEN A WIANNO SENIOR, A LARGER, HEAVIER BOAT FOR USE BY OUR STUDENTS OR ANY YACHT CLUB SAILING DIRECTOR WHO WISHES TO EXPOSE THEIR STUDENTS TO A DIFFERENT TYPE OF VESSEL. WSF IS GRATEFUL FOR THE USE OF THIS BOAT, WHICH PROVIDES A SAILING EXPERIENCE THAT FEW CAN EXPERIENCE ANYMORE. THE WIANNO SAILING FOUNDATION, INC IS EXTREMELY PROUD OF ITS ROBUST AND POPULAR SAILING SCHOOL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IN 2024, THE WIANNO SAILING FOUNDATION, INC. DISTRIBUTED GIFTS AND GRANTS TOTALING 29,845: BARNSTABLE YACHT CLUB 501(C)(7) RECEIVED 2,500 TO UNDERWRITE GREEN FLEET ENTRY FEES TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. BASS RIVER YACHT CLUB 501(C)(7) RECEIVED 3,000 TO PROMOTE THEIR ADAPTIVE SAILING PROGRAM. NANTUCKET COMMUNITY SAILING WAS GRANTED 1,501 IN ORDER TO PURCHASE COSTS FOR KAYAK PIVOTS, STABILIZERS, AND A PADDLING SEAT. PLEASANT BAY COMMUNITY BOATING WAS GRANTED 2,688 TO PROMOTE THEIR ADAPTIVE SAILING PROGRAM. SAIL CAPE COD RECEIVED 956 TO OVER THE COST OF A MAST STEP REPLACEMENT. STONE HORSE YACHT CLUB 501(C)(7) RECEIVED 2,720 TO COVER THE COSTS OF GREEN FLEET SAILORS TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. 34 ENTRIES WERE PAID FOR WITH THESE FUNDS. WEQUAQUET YACHT CLUB RECEIVED 880 TO COVER COSTS OF GREEN FLEET SAILORS AND TO SUPPORT AND ENCOURAGE FIRST TIME RACERS. 22 ENTRIES WERE PAID WITH THESE FUNDS. WIANNO SENIOR CLASS ASSOCIATION WAS GIFTED 6,000 TO COVER PARTIAL MAINTENANCE AND STORAGE FOR BOATS USED IN WIANNO YACHT CLUB SAILING SCHOOL AND AVAILABLE TO REGIONAL SAILING PROGRAMS. WIANNO YACHT CLUB 501(C)(7) WAS GIVEN 4,975 TO COVER GREEN FLEET ENTRY FEES FORFIRST TIME RACERS. WILD HARBOR YACHT CLUB WAS GIVEN 4,625 TO LAUNCH A SAILING SCHOOL SCHOLARSHIP FUND. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO ALL OF THE BOARD MEMBERS FOR REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | 7,059 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | FORM 990, PART X, LINE 10: LAND, BUILDINGS AND EQUIPMENT: SECTION 1.263(A)-3(N) ELECTION WIANNO SAILING FOUNDATION INC 10 GOOSE POINT LANE EAST SANDWICH, MA 02537 EIN: 04-3293135 WIANNO SAILING FOUNDATION INC. IS ELECTING TO CAPITALIZE REPAIR AND MAINTENANCE COSTS UNDER REGULATION SECTION 1.263(A)-3(N). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOOK / TAX DEPRECIATION DIFFERENCE 5,971 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 2, PART III, LINE 4B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART X |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JASON P ANDERSON |
| ReturnHeader/ReturnTs | 0 | 2025-09-12T14:54:54-04:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
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