Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
990EZ • Fiscal year 2014 • EIN 06-6409216
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
64th percentile
Faster asset growth than 64% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Assets
Up$247,431
Up $24,666 (+11%) from 2013
Net Assets
Up$95,306
Up $32,463 (+52%) from 2013
Liabilities
Down$152,125
Down $7,797 (-4.9%) from 2013
Revenue
Down$198,813
Down $47,734 (-19%) from 2013
Expenses
Down$166,350
Down $85,354 (-34%) from 2013
Net Income
Up$32,463
Up $37,620 (+729%) from 2013
Established for the acquisition, restoration and preservation of historic america's cup 12 metre yachts and their racing heritage
Established for the acquisition restoration and preservation of historic America's Cup 12 metre yachts and their racing heritage.
| Description | Grants | Expenses |
|---|---|---|
| RESTORATION AND PRESERVATION - Includes a hand-on opportunity to work closely with skilled craftsmen and crew who actually locally designed and built America's Cup class 12M yachts. The foundation actively meets its core goals and objectives by fostering the preservation of these proud yachts as working boats in cooperation with its strategic partner Derecktor Shipyards in Mamaroneck NY | - | - |
| 12M Sail Camps Clinics and Education Programs - Provides participants an opportunity for learning leadership skills and team building aboard America's Cup class yachts including helmsmanship crew dynamics navigation safety and general seamanship | - | - |
| Enabled Charitable Giving - giving back to the community through cause related marketing programs including live auctions donations educational visits for foundations schools yacht clubs and cultural and community organizations. 12M YDF participates in more than 15 charitable events throughout the year and enables contributions of more than $220K per year. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Patrick Sikorski | Founding Trustee | PT | $0 | - | - |
| Scott Macleod | Trustee | - | $0 | - | - |
| Herb Marshall | Trustee | - | $0 | - | - |
| Jeff Nixon | Trustee | - | $0 | - | - |
| Bob Labanka | Trustee | - | $0 | - | - |
“Expenses include the following: legal 2250, accounting 500, advertising 1609,”
“Expenses include the following: legal 2250, accounting 500, advertising 1609, office expenses 14, information services 3713, travel and occupancy 2675”
“Expenses include the following: legal 2250, accounting 500, advertising 1609, office expenses 14, information services 3713, travel and occupancy 2675 insurance 7760, restoration and preservation 69386, loan payments 7797,”
“Expenses include the following: legal 2250, accounting 500, advertising 1609, office expenses 14, information services 3713, travel and occupancy 2675 insurance 7760, restoration and preservation 69386, loan payments 7797, meals and entertainment 24948, provision 4259, volunteer meals 3022, charter rentals 2663”
“Expenses include the following: legal 2250, accounting 500, advertising 1609, office expenses 14, information services 3713, travel and occupancy 2675 insurance 7760, restoration and preservation 69386, loan payments 7797, meals and entertainment 24948, provision 4259, volunteer meals 3022, charter rentals 2663 dmv fees 1719, bank fees 4654, postage 252, marketing 23852, cable 2003, cell 3274”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PATRICK J SIKORSKI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2039185271 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2031 REDDING ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FAIRFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06842 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4765 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 10231 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 198813 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 32463 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 222765 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 247431 |
| IRS990EZ/GrossReceiptsAmt | 0 | 198813 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 92000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 62843 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 95306 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 62843 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 95306 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 25.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Patrick Sikorski |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Scott Macleod |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Herb Marshall |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Jeff Nixon |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Bob Labanka |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Founding Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 218000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 237200 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 166350 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Established for the acquisition restoration and preservation of historic America's Cup 12 metre yachts and their racing heritage. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | RESTORATION AND PRESERVATION - Includes a hand-on opportunity to work closely with skilled craftsmen and crew who actually locally designed and built America's Cup class 12M yachts. The foundation actively meets its core goals and objectives by fostering the preservation of these proud yachts as working boats in cooperation with its strategic partner Derecktor Shipyards in Mamaroneck NY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | 12M Sail Camps Clinics and Education Programs - Provides participants an opportunity for learning leadership skills and team building aboard America's Cup class yachts including helmsmanship crew dynamics navigation safety and general seamanship |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Enabled Charitable Giving - giving back to the community through cause related marketing programs including live auctions donations educational visits for foundations schools yacht clubs and cultural and community organizations. 12M YDF participates in more than 15 charitable events throughout the year and enables contributions of more than $220K per year. |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CT |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 159922 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 152125 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 166350 |
| IRS990EZ/TotalRevenueAmt | 0 | 198813 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.12mYDF.com |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 198813 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 246547 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 167014 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 185000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 230782 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1028156 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1028156 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1028156 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 198813 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 246547 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 167014 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 185000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 230782 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1028156 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1028156 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 92000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 92000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | PATRICK SIKORSKI |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | TRUSTEE |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | false |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 92000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INCLUDE THE FOLLOWING: LEGAL 2250, ACCOUNTING 500, ADVERTISING 1609, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES INCLUDE THE FOLLOWING: LEGAL 2250, ACCOUNTING 500, ADVERTISING 1609, OFFICE EXPENSES 14, INFORMATION SERVICES 3713, TRAVEL AND OCCUPANCY 2675 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES INCLUDE THE FOLLOWING: LEGAL 2250, ACCOUNTING 500, ADVERTISING 1609, OFFICE EXPENSES 14, INFORMATION SERVICES 3713, TRAVEL AND OCCUPANCY 2675 INSURANCE 7760, RESTORATION AND PRESERVATION 69386, LOAN PAYMENTS 7797, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EXPENSES INCLUDE THE FOLLOWING: LEGAL 2250, ACCOUNTING 500, ADVERTISING 1609, OFFICE EXPENSES 14, INFORMATION SERVICES 3713, TRAVEL AND OCCUPANCY 2675 INSURANCE 7760, RESTORATION AND PRESERVATION 69386, LOAN PAYMENTS 7797, MEALS AND ENTERTAINMENT 24948, PROVISION 4259, VOLUNTEER MEALS 3022, CHARTER RENTALS 2663 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EXPENSES INCLUDE THE FOLLOWING: LEGAL 2250, ACCOUNTING 500, ADVERTISING 1609, OFFICE EXPENSES 14, INFORMATION SERVICES 3713, TRAVEL AND OCCUPANCY 2675 INSURANCE 7760, RESTORATION AND PRESERVATION 69386, LOAN PAYMENTS 7797, MEALS AND ENTERTAINMENT 24948, PROVISION 4259, VOLUNTEER MEALS 3022, CHARTER RENTALS 2663 DMV FEES 1719, BANK FEES 4654, POSTAGE 252, MARKETING 23852, CABLE 2003, CELL 3274 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART 1 LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART 1 LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART 1 LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | PART 1 LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART I LINE 16 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Patrick Sikorski |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Director |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2036561182 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | 12 METRE YACHT DEVELOPMENT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 12M |
| ReturnHeader/Filer/EIN | 0 | 066409216 |
| ReturnHeader/Filer/PhoneNum | 0 | 2036561182 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 964 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Southport |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06890 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HRB TAX GROUP INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 157 ROCKLAND CENTER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NANUET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10954 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8456271085 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-12-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Stacey Yore |
| ReturnHeader/ReturnTs | 0 | 2015-12-01T20:58:03Z |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
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Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.