Civic Intelligence

Team Paradise Sailing Inc.

990 • Fiscal year 2018 • EIN 20-2663905

Jun 01, 2017 to May 31, 2018 • Filed on Oct 01, 2018

3109 Grand Avenue Room 312Miami, FL 33133

(305) 854-3500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.38x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

22nd percentile

-11%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$30,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

51st percentile

1.8%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

14%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$82,376

Up $1,427 (+1.8%) from 2017

Net Assets

Down

$50,687

Down $16,035 (-24%) from 2017

Liabilities

Up

$31,689

Up $17,462 (+123%) from 2017

Revenue

Up

$139,974

Up $17,362 (+14%) from 2017

Expenses

Up

$156,009

Up $5,556 (+3.7%) from 2017

Net Income

Up

-$16,035

Up $11,806 (+42%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $48,957Liabilities 2011: $9992011Assets 2012: $22,135Liabilities 2012: $4,8632012Assets 2013: $20,435Liabilities 2013: $4,8632013Assets 2014: $11,556Liabilities 2014: $02014Assets 2016: $94,563Liabilities 2016: $2,108Net Assets 2016: $92,4552016Assets 2017: $80,949Liabilities 2017: $14,227Net Assets 2017: $66,7222017Assets 2018: $82,376Liabilities 2018: $31,689Net Assets 2018: $50,6872018Assets 2019: $53,301Liabilities 2019: $46,731Net Assets 2019: $6,5702019Assets 2020: $67,858Liabilities 2020: $51,433Net Assets 2020: $16,4252020Assets 2021: $127,404Liabilities 2021: $40,186Net Assets 2021: $87,2182021Assets 2022: $71,985Liabilities 2022: $13,483Net Assets 2022: $58,5022022Assets 2023: $51,072Liabilities 2023: $3,363Net Assets 2023: $47,7092023Assets 2024: $120,341Liabilities 2024: $6,230Net Assets 2024: $114,1112024

Highlighted filing

2018

Assets$82,376
Liabilities$31,689
Net Assets$50,687

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $50,085Expenses 2011: $77,896Net Income 2011: -$27,8112011Revenue 2012: $24,011Expenses 2012: $54,697Net Income 2012: -$30,6862012Revenue 2013: $61,970Expenses 2013: $63,670Net Income 2013: -$1,7002013Revenue 2014: $55,761Expenses 2014: $47,249Net Income 2014: $8,5122014Revenue 2016: $98,260Expenses 2016: $92,681Net Income 2016: $5,5792016Revenue 2017: $122,612Expenses 2017: $150,453Net Income 2017: -$27,8412017Revenue 2018: $139,974Expenses 2018: $156,009Net Income 2018: -$16,0352018Revenue 2019: $96,188Expenses 2019: $140,305Net Income 2019: -$44,1172019Revenue 2020: $156,586Expenses 2020: $146,731Net Income 2020: $9,8552020Revenue 2021: $221,609Expenses 2021: $150,816Net Income 2021: $70,7932021Revenue 2022: $134,376Expenses 2022: $163,092Net Income 2022: -$28,7162022Revenue 2023: $155,635Expenses 2023: $166,428Net Income 2023: -$10,7932023Revenue 2024: $127,172Expenses 2024: $103,525Net Income 2024: $23,6472024

Highlighted filing

2018

Revenue$139,974
Expenses$156,009
Net Income-$16,035
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Oct 1, 2018
Return Version
2017v2.3
Gross Receipts
$139,974
Mission and Program Overview

Mission

Changing lives by inspiring and empowering disabled and underserved communities, US Veterans and others through recreational, educational and healing programs that motivate and engage participants in the sport of sailing. Providing opportunities for personal development, mentorship, global comradery, team building and environmental awareness.

Changing lives by inspiring and empowering disabled and underserved communities, US Veterans and others through recreational, educational and healing programs that motivate and engage participants in the sport of sailing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$74,837$63,291▼ $11,546
Loans From Officers Directors$9,614$23,101▲ $13,487
Cash and Non-Interest-Bearing Accounts$2,112$15,085▲ $12,973
Prepaid Expenses and Deferred Charges$4,000$4,000→ $0
Total Assets$80,949$82,376▲ $1,427
Liabilities
Accounts Payable and Accrued Expenses$4,613$4,838▲ $225
Deferred Revenue-$3,750-
Total Liabilities$14,227$31,689▲ $17,462
Net Assets / Fund Balance
Unrestricted Net Assets$66,722$50,687▼ $16,035
Total Net Assets Fund Balance$66,722$50,687▼ $16,035
Total Liabilities and Net Assets / Fund Balance$80,949$82,376▲ $1,427

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$63,291$157,238$220,529
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Magnus LiljedahExecutive DirectorFT$30,000$30,000

Board Members and Trustees

NameTitle
Jonah Pruitt IIIChairperson
William Mauk JrVice Chairperson
Edward BenitezDirector
John J SchoendorfTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,307
Program Service Revenue
$21,667
Investment Income
$0
Other Revenue
$0
All Other Contributions
$118,307
Change in Net Assets
$-16,035

Noncash Contribution Practices

Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Boats and Planes1$6,900Fair Market Value
Total Noncash Contributions1$6,900-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$97,517
Salaries, Compensation, and Employee Benefits$58,492
Total Fundraising Expense$40,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$24,000$1,500$4,500$30,000
Other Salaries and Wages$4,800$9,600$9,600$24,000
Occupancy$14,834$2,700$2,700$20,234
Depreciation Depletion$18,202$244-$18,446
Advertising$1,792$399$10,229$12,420
Office Expenses$2,272$540$2,772$5,584
Insurance$5,481--$5,481
Payroll Taxes$2,259$870$1,106$4,235
All Other Expenses$605$2,932-$3,537
Fees for Services Legal$3,375--$3,375
Other Expenses$2,969$131$261$3,361
Fees for Services Accounting-$2,862-$2,862
Fees for Services Other$1,500-$150$1,650
Information Technology$237$454$671$1,362
Travel$319$163-$482
Other Employee Benefits-$257-$257
Total Functional Expenses$92,008$23,316$40,685$156,009
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,614$23,101▲ $13,487
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft of the return is reviewed by the President and the organization attorney. Changes and additions are made to the return based on their review. A revised draft is then provided and approved before release.

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

The organization conducts an annual review of annual disclosure forms submitted by covered persons. It compiles and maintains a list of potentially conflicted entities and individuals. Proposed transactions can then be matched against the list as a means of identifying potential conflicts. With major vendors and service providers the organization considers asking each to disclose any relationship personal, financial or otherwise the vendor or service provider has or may have with any of the director, officers, employees or volunteers.

Form 990, Part VI, Section C, Line 19

The governing documents are made available to the public upon request.

Form 990, Part VI, Section B, Line 15A

The organization follows a 3 step process to determine appropriate compensation The board arranges for an independent body to conduct a comparability review the independent body looks at comparable salaries and benefits data, such as data available from surveys, to learn what employers of a similar budget size organization located in the same, or a similar geographic region, pay their senior leaders the board/independent body documents who was involved and the process used to conduct the review, as well as the disposition of the full boards decision to approve the executive directors compensation.

Filing and Contact Details

Filer

Filer Name
Team Paradise Sailing Inc
EIN
20-2663905
Phone
3058543500
Address
3109 Grand Avenue Room 312, Miami, FL 33133

Signing Officer

Name
Magnus Liljedahl
Title
Executive Director
Signed
2018-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Magnus Liljedahl
Formed
2005
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
25

Preparer

Firm
Paucar Sistachs & Company PA
Address
5825 Sunset Drive Ste 302, South Miami, FL 33143
Preparer
Manuel A Paucar CPA
Phone
3056650151
Raw XML AppendixShowing 400 of 421 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04613
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04838
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Changing lives by inspiring and empowering disabled and underserved communities, US Veterans and others through recreational, educational and healing programs that motivate and engage participants in the sport of sailing
IRS990/AdvertisingGrp/FundraisingAmt010229
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0399
IRS990/AdvertisingGrp/ProgramServicesAmt01792
IRS990/AdvertisingGrp/TotalAmt012420
IRS990/AllOtherContributionsAmt0118307
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02932
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0605
IRS990/AllOtherExpensesGrp/TotalAmt03537
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Magnus Liljedahl
IRS990/BooksInCareOfDetail/PhoneNum03057768778
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03109 Grand Ave Ste 312
IRS990/BooksInCareOfDetail/USAddress/CityNm0Miami
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033133
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02112
IRS990/CashNonInterestBearingGrp/EOYAmt015085
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt04500
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01500
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt024000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt030000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0118307
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt097517
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt021667
IRS990/CYRevenuesLessExpensesAmt0-16035
IRS990/CYSalariesCompEmpBnftPaidAmt058492
IRS990/CYTotalExpensesAmt0156009
IRS990/CYTotalFundraisingExpenseAmt040685
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0139974
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt03750
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0244
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018202
IRS990/DepreciationDepletionGrp/TotalAmt018446
IRS990/Desc0Inspire and empower the physically disabled, underserved communities and US Veterans to be confident, assured and in control of their lives in order to enjoy and overcome lifes challenges.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt092008
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02862
IRS990/FeesForServicesAccountingGrp/TotalAmt02862
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03375
IRS990/FeesForServicesLegalGrp/TotalAmt03375
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0150
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01500
IRS990/FeesForServicesOtherGrp/TotalAmt01650
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0true
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3001.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt4001.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Magnus Liljedah
IRS990/Form990PartVIISectionAGrp/PersonNm1Edward Benitez
IRS990/Form990PartVIISectionAGrp/PersonNm2Jonah Pruitt III
IRS990/Form990PartVIISectionAGrp/PersonNm3William Mauk Jr
IRS990/Form990PartVIISectionAGrp/PersonNm4John J Schoendorf
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt030000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt4Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0139974
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0671
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0454
IRS990/InformationTechnologyGrp/ProgramServicesAmt0237
IRS990/InformationTechnologyGrp/TotalAmt01362
IRS990/InsuranceGrp/ProgramServicesAmt05481
IRS990/InsuranceGrp/TotalAmt05481
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0157238
IRS990/LandBldgEquipBasisNetGrp/BOYAmt074837
IRS990/LandBldgEquipBasisNetGrp/EOYAmt063291
IRS990/LandBldgEquipCostOrOtherBssAmt0220529
IRS990/LegalDomicileStateCd0FL
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt09614
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt023101
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0Changing lives by inspiring and empowering disabled and underserved communities, US Veterans and others through recreational, educational and healing programs that motivate and engage participants in the sport of sailing. Providing opportunities for personal development, mentorship, global comradery, team building and environmental awareness.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt066722
IRS990/NetAssetsOrFundBalancesEOYAmt050687
IRS990/NoncashContributionsAmt06900
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02700
IRS990/OccupancyGrp/ManagementAndGeneralAmt02700
IRS990/OccupancyGrp/ProgramServicesAmt014834
IRS990/OccupancyGrp/TotalAmt020234
IRS990/OfficeExpensesGrp/FundraisingAmt02772
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0540
IRS990/OfficeExpensesGrp/ProgramServicesAmt02272
IRS990/OfficeExpensesGrp/TotalAmt05584
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0257
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0257
IRS990/OtherExpensesGrp/Desc0Boat supplies and equipment
IRS990/OtherExpensesGrp/Desc1Meals, food and beverage
IRS990/OtherExpensesGrp/Desc2Dues and subscriptions
IRS990/OtherExpensesGrp/Desc3Repairs and maintenance
IRS990/OtherExpensesGrp/FundraisingAmt013
IRS990/OtherExpensesGrp/FundraisingAmt14749
IRS990/OtherExpensesGrp/FundraisingAmt23934
IRS990/OtherExpensesGrp/FundraisingAmt3261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0278
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2131
IRS990/OtherExpensesGrp/ProgramServicesAmt08472
IRS990/OtherExpensesGrp/ProgramServicesAmt1591
IRS990/OtherExpensesGrp/ProgramServicesAmt2300
IRS990/OtherExpensesGrp/ProgramServicesAmt32969
IRS990/OtherExpensesGrp/TotalAmt08485
IRS990/OtherExpensesGrp/TotalAmt15618
IRS990/OtherExpensesGrp/TotalAmt24620
IRS990/OtherExpensesGrp/TotalAmt33361
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt09600
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09600
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04800
IRS990/OtherSalariesAndWagesGrp/TotalAmt024000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01106
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0870
IRS990/PayrollTaxesGrp/ProgramServicesAmt02259
IRS990/PayrollTaxesGrp/TotalAmt04235
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04000
IRS990/PrincipalOfficerNm0Magnus Liljedahl
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Sailing School
IRS990/ProgramServiceRevenueGrp/Desc1Sailboat Usage
IRS990/ProgramServiceRevenueGrp/Desc2Special Events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt010675
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14141
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26851
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt010675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26851
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0107071
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-1031
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt099976
IRS990/PYProgramServiceRevenueAmt016572
IRS990/PYRevenuesLessExpensesAmt0-27841
IRS990/PYSalariesCompEmpBnftPaidAmt050477
IRS990/PYTotalExpensesAmt0150453
IRS990/PYTotalRevenueAmt0122612
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-16035
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0118307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0107071
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt052131
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt054038
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035274
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0366821
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt021667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt015541
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt046129
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt048298
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0152122
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0518943
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0139974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0122612
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt098260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0102336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt055761
IRS990ScheduleA/Total509Grp/TotalAmt0518943
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0139974
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0122612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt098260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0102336
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt055761
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0518943
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt063291
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0157238
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0220529
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063291
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt023101
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Operating funds
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Magnus G Liljedahl
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive director
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt023101
IRS990ScheduleM/BoatsAndPlanesGrp/ContributionCnt01
IRS990ScheduleM/BoatsAndPlanesGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/BoatsAndPlanesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/BoatsAndPlanesGrp/NoncashContributionsRptF990Amt06900
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the return is reviewed by the President and the organization attorney. Changes and additions are made to the return based on their review. A revised draft is then provided and approved before release.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization conducts an annual review of annual disclosure forms submitted by covered persons. It compiles and maintains a list of potentially conflicted entities and individuals. Proposed transactions can then be matched against the list as a means of identifying potential conflicts. With major vendors and service providers the organization considers asking each to disclose any relationship personal, financial or otherwise the vendor or service provider has or may have with any of the director, officers, employees or volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The governing documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization follows a 3 step process to determine appropriate compensation The board arranges for an independent body to conduct a comparability review the independent body looks at comparable salaries and benefits data, such as data available from surveys, to learn what employers of a similar budget size organization located in the same, or a similar geographic region, pay their senior leaders the board/independent body documents who was involved and the process used to conduct the review, as well as the disposition of the full boards decision to approve the executive directors compensation.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt080949
IRS990/TotalAssetsEOYAmt082376
IRS990/TotalAssetsGrp/BOYAmt080949
IRS990/TotalAssetsGrp/EOYAmt082376
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0118307
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt040685
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023316
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092008
IRS990/TotalFunctionalExpensesGrp/TotalAmt0156009
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014227
IRS990/TotalLiabilitiesEOYAmt031689
IRS990/TotalLiabilitiesGrp/BOYAmt014227
IRS990/TotalLiabilitiesGrp/EOYAmt031689
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066722
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt050687
IRS990/TotalProgramServiceExpensesAmt092008
IRS990/TotalProgramServiceRevenueAmt021667
IRS990/TotalReportableCompFromOrgAmt030000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021667
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0139974
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt080949
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082376
IRS990/TravelGrp/ManagementAndGeneralAmt0163
IRS990/TravelGrp/ProgramServicesAmt0319
IRS990/TravelGrp/TotalAmt0482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt066722
IRS990/UnrestrictedNetAssetsGrp/EOYAmt050687
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02539 S Bayshore Drive 423
IRS990/USAddress/CityNm0Miami
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033133
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.teamparadise.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Magnus Liljedahl
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Team Paradise Sailing Inc
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0202663905
ReturnHeader/Filer/PhoneNum03058543500
ReturnHeader/Filer/USAddress/AddressLine1Txt03109 Grand Avenue Room 312
ReturnHeader/Filer/USAddress/CityNm0Miami
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.06$1.14$1.27$1.04$0.24
2023Summary only. Only limited summary data is available for this year.$0.51$0.03$0.48$1.56$1.66$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.13$0.59$1.34$1.63$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.40$0.87$2.22$1.51$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.51$0.16$1.57$1.47$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.47$0.07$0.96$1.40$0.44
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.32$0.51$1.40$1.56$0.16
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.14$0.67$1.23$1.50$0.28
2016Summary only. Only limited summary data is available for this year.$0.95$0.02$0.92$0.98$0.93$0.06
2014Summary only. Only limited summary data is available for this year.$0.12$0.00$0.56$0.47$0.09
2013Summary only. Only limited summary data is available for this year.$0.20$0.05$0.62$0.64$0.02
2012Summary only. Only limited summary data is available for this year.$0.22$0.05$0.24$0.55$0.31
2011Summary only. Only limited summary data is available for this year.$0.49$0.01$0.50$0.78$0.28