Civic Intelligence

Otsego Sailing Club

990 • Fiscal year 2019 • EIN 16-1662177

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 31, 2020

Organization Profilewww.otsegosailingclub.com
PO Box 816Cooperstown, NY 13326

(607) 547-9473

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.06x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.25x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Net Margin

53rd percentile

3.8%

Higher net margin than 53% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$2,838

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Asset Growth

41st percentile

0.4%

Faster asset growth than 41% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

77th percentile

23%

Faster revenue growth than 77% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$666,415

Up $2,637 (+0.4%) from 2018

Net Assets

Up

$629,442

Up $5,664 (+0.9%) from 2018

Liabilities

Down

$36,973

Down $3,027 (-7.6%) from 2018

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin53rd percentile

Revenue

Up

$150,011

Up $28,417 (+23%) from 2018

Expenses

Up

$144,347

Up $32,749 (+29%) from 2018

Net Income

Down

$5,664

Down $4,332 (-43%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0-$200KAssets 2011: $586,720Liabilities 2011: $3,051Net Assets 2011: $583,6692011Assets 2012: $599,461Liabilities 2012: $0Net Assets 2012: $599,4612012Assets 2013: $603,133Liabilities 2013: $0Net Assets 2013: $603,1332013Assets 2014: $604,959Liabilities 2014: $0Net Assets 2014: $604,9592014Assets 2015: $607,421Liabilities 2015: -$6,375Net Assets 2015: $613,7962015Assets 2016: $615,612Liabilities 2016: -$4,250Net Assets 2016: $619,8622016Assets 2017: $626,457Liabilities 2017: -$2,125Net Assets 2017: $628,5822017Assets 2018: $663,778Liabilities 2018: $40,000Net Assets 2018: $623,7782018Assets 2019: $666,415Liabilities 2019: $36,973Net Assets 2019: $629,4422019Assets 2020: $683,318Liabilities 2020: $33,595Net Assets 2020: $649,7232020Assets 2021: $669,500Liabilities 2021: $27,062Net Assets 2021: $642,4382021Assets 2022: $663,344Liabilities 2022: $30,124Net Assets 2022: $633,2202022Assets 2023: $655,655Liabilities 2023: $22,435Net Assets 2023: $633,2202023Assets 2024: $641,746Liabilities 2024: $14,442Net Assets 2024: $627,3042024

Highlighted filing

2019

Assets$666,415
Liabilities$36,973
Net Assets$629,442
Open 2019 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KExpenses 2011: $47,8782011Expenses 2012: $43,5772012Revenue 2013: $56,567Expenses 2013: $52,895Net Income 2013: $3,6722013Revenue 2014: $68,109Expenses 2014: $56,283Net Income 2014: $11,8262014Revenue 2015: $76,587Expenses 2015: $64,482Net Income 2015: $12,1052015Revenue 2016: $71,500Expenses 2016: $65,434Net Income 2016: $6,0662016Revenue 2017: $76,159Expenses 2017: $67,439Net Income 2017: $8,7202017Revenue 2018: $121,594Expenses 2018: $111,598Net Income 2018: $9,9962018Revenue 2019: $150,011Expenses 2019: $144,347Net Income 2019: $5,6642019Revenue 2020: $63,441Expenses 2020: $43,160Net Income 2020: $20,2812020Revenue 2021: $52,411Expenses 2021: $59,696Net Income 2021: -$7,2852021Revenue 2022: $77,207Expenses 2022: $86,425Net Income 2022: -$9,2182022Revenue 2023: $65,456Expenses 2023: $65,456Net Income 2023: $02023Revenue 2024: $83,453Expenses 2024: $89,369Net Income 2024: -$5,9162024

Highlighted filing

2019

Revenue$150,011
Expenses$144,347
Net Income$5,664
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 31, 2020
Return Version
2019v5.0
Gross Receipts
$150,011
Mission and Program Overview

Mission

The mission of the Otsego Sailing Club, Inc. ("OSC") is to (i) provide an association of sailboat owners and others who have mutual interests in sailing and sail boat racing; (ii) to encourage sail boating as a recreative and competitive sport; (iii) to establish rules and means for competitive sail boat racing by members; (iv) to promote safety in sailing and all associated activities; (v) to promote good sportsmanship; and (vi) to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members or officers, except as permitted under Article 5 of the New York Not-for-Profit Corporation Law.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$623,778$629,442▲ $5,664
Land, Buildings, and Equipment, Net$622,934$626,908▲ $3,974
Cash and Non-Interest-Bearing Accounts$29,712$27,714▼ $1,998
Savings and Temporary Cash Investments$11,132$11,793▲ $661
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$663,778$666,415▲ $2,637
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$40,000$34,699▼ $5,301
Accounts Payable and Accrued Expenses$0$2,274▲ $2,274
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$40,000$36,973▼ $3,027
Net Assets / Fund Balance
Total Net Assets Fund Balance$623,778$629,442▲ $5,664
Total Liabilities and Net Assets / Fund Balance$663,778$666,415▲ $2,637

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$113,100$3,200$0
Other Land Buildings$0$0$0
Land$419,600-$0
Equipment$94,208$11,465$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleBaseTotal
Connie HerzigTreasurer (Paymaster)$2,838$2,838
Andrew PorterVice Commodore (Vice President)$1,337$1,337
David AinsworthCommodore (President)$713$713

Board Members and Trustees

NameTitle
George WeirPast Commodore (President)
Patricia WeylandTrustee
Thomas RuskTrustee
Finn JensenSecretary (Keeper of the Log)
Revenue and Support

Revenue Composition

Contributions and Grants
$69,718
Program Service Revenue
$79,633
Investment Income
$660
Other Revenue
$0
All Other Contributions
$32,848
Change in Net Assets
$5,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,420
Salaries, Compensation, and Employee Benefits$15,927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$52,216
Depreciation Depletion---$14,665
Occupancy---$13,341
Insurance---$10,187
Other Salaries and Wages---$10,061
Current Officers, Directors, Trustees, and Key Employees---$4,888
Interest---$1,918
Office Expenses---$1,501
Payroll Taxes---$978
Advertising---$458
Conferences and Meetings---$200
Total Functional Expenses$0$0$0$144,347
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization has members who are sailboat owners or others with a mutual interest in sailing.”

Form 990, Part VI, Section A, Line 7A

“Governing body officers are elected by majority vote of regular members at our annual meeting.”

Form 990, Part VI, Section A, Line 7B

“Per by-laws, all business and property of the organization are managed by the governing body elected by the membership. The following exceptions require vote of the membership:(a) amendment of the certificate of incorporation by-laws. (b) The sale of real property. (c) The borrowing of money above 75% of the average revenue of the previous three years, with the understanding that any loan be restricted to purchase of real property or capital equipment.”

Form 990, Part VI, Section B, Line 11B

“Document was reviewed and approved by the Board of Directors at a Board Meeting.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to annually disclose any potential conflicts of interest. The remaining members of the Board determine what actions should be taken to avoid or manage the conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“Salaries for Sailing School Instructor, Sailing Assistant, Sailing Associate and Sailing Camp Activities Director were updated in the spring and standardized. We utilized information from other sailing schools in the area and also recreational camps.”

Form 990, Part VI, Section C, Line 18

“Form 990 and policies are available to the public upon request. From 990 is available to the public at guidestar.com.”

Form 990, Part VI, Section C, Line 19

“Policies are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Otsego Sailing Club
EIN
16-1662177
Phone
6075479473
Address
PO Box 816, Cooperstown, NY 13326

Signing Officer

Name
Connie Herzig
Title
Treasurer
Phone
6074351025
Signed
2020-10-31

Organization Details

Principal Officer
George Weir
Formed
1966
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
10
Volunteers
85
Raw XML AppendixShowing 400 of 470 raw XML fields

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/MissionDesc0The mission of the Otsego Sailing Club, Inc. ("OSC") is to (i) provide an association of sailboat owners and others who have mutual interests in sailing and sail boat racing; (ii) to encourage sail boating as a recreative and competitive sport; (iii) to establish rules and means for competitive sail boat racing by members; (iv) to promote safety in sailing and all associated activities; (v) to promote good sportsmanship; and (vi) to do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members or officers, except as permitted under Article 5 of the New York Not-for-Profit Corporation Law.
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IRS990/NetAssetsOrFundBalancesEOYAmt0629442
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt013341
IRS990/OfficeExpensesGrp/TotalAmt01501
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Race & Regatta
IRS990/OtherExpensesGrp/Desc1Facilities
IRS990/OtherExpensesGrp/Desc2Social & School Tax
IRS990/OtherExpensesGrp/Desc3Pavilion
IRS990/OtherExpensesGrp/TotalAmt010986
IRS990/OtherExpensesGrp/TotalAmt112923
IRS990/OtherExpensesGrp/TotalAmt210025
IRS990/OtherExpensesGrp/TotalAmt352216
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt010061
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0978
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0George Weir
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713930
IRS990/ProgramServiceRevenueGrp/BusinessCd1713930
IRS990/ProgramServiceRevenueGrp/BusinessCd2713930
IRS990/ProgramServiceRevenueGrp/Desc0Sailing Lessons
IRS990/ProgramServiceRevenueGrp/Desc1Access to Lake, Facilities & Launch Ramp
IRS990/ProgramServiceRevenueGrp/Desc2Storage and Dock Space
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033093
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139028
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27512
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033093
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27512
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide lessons on safe sailing
IRS990/ProgSrvcAccomActy3Grp/Desc0Provide storage and dock space for sailboats
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039993
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt096
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt095306
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt081505
IRS990/PYRevenuesLessExpensesAmt09996
IRS990/PYSalariesCompEmpBnftPaidAmt016292
IRS990/PYTotalExpensesAmt0111598
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0121594
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05664
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0623778
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0629442
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011132
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011793
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0113100
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03200
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0116300
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt094208
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011465
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0105673
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0419600
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0419600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0626908
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members who are sailboat owners or others with a mutual interest in sailing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing body officers are elected by majority vote of regular members at our annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Per by-laws, all business and property of the organization are managed by the governing body elected by the membership. The following exceptions require vote of the membership:(a) amendment of the certificate of incorporation by-laws. (b) The sale of real property. (c) The borrowing of money above 75% of the average revenue of the previous three years, with the understanding that any loan be restricted to purchase of real property or capital equipment.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Document was reviewed and approved by the Board of Directors at a Board Meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board members are required to annually disclose any potential conflicts of interest. The remaining members of the Board determine what actions should be taken to avoid or manage the conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salaries for Sailing School Instructor, Sailing Assistant, Sailing Associate and Sailing Camp Activities Director were updated in the spring and standardized. We utilized information from other sailing schools in the area and also recreational camps.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Form 990 and policies are available to the public upon request. From 990 is available to the public at guidestar.com.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Policies are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$666,415
Liabilities
$36,973
Net assets
$629,442
Revenue
$150,011
Expenses
$144,347
Net income
$5,664
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.42$0.14$6.27$0.83$0.89$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.56$0.22$6.33$0.65$0.65$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$0.30$6.33$0.77$0.86$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.70$0.27$6.42$0.52$0.60$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.83$0.34$6.50$0.63$0.43$0.20
2019Detailed filing. Detailed filing data is available for this year.$6.66$0.37$6.29$1.50$1.44$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.40$6.24$1.22$1.12$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$0.02$6.29$0.76$0.67$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$0.04$6.20$0.72$0.65$0.06
2015Detailed filing. Detailed filing data is available for this year.$6.07$0.06$6.14$0.77$0.64$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.05$0.00$6.05$0.68$0.56$0.12
2013Detailed filing. Detailed filing data is available for this year.$6.03$0.00$6.03$0.57$0.53$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$0.00$5.99$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.03$5.84$0.48