Civic Intelligence

The Mark Sorensen Youth Sailing Program Inc

990EZ • Fiscal year 2022 • EIN 20-5228360

May 01, 2021 to Apr 30, 2022 • Filed on Dec 13, 2022

Organization ProfileMSYSP.ORG
100 Ocean Bay DriveKey Largo, FL 33037

(305) 747-2600

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

62nd percentile

12%

Higher net margin than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

79th percentile

35%

Faster asset growth than 79% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

41%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$59,439

Up $15,293 (+35%) from 2021

Net Assets

Up

$59,439

Up $15,293 (+35%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin62nd percentile

Revenue

Up

$122,767

Up $35,713 (+41%) from 2021

Expenses

Up

$107,474

Up $42,209 (+65%) from 2021

Net Income

Down

$15,293

Down $6,496 (-30%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$100K$50K$0Assets 2010: $50,205Liabilities 2010: $87Net Assets 2010: $50,1182010Assets 2011: $49,198Liabilities 2011: $0Net Assets 2011: $49,1982011Assets 2012: $41,401Liabilities 2012: $0Net Assets 2012: $41,4012012Assets 2013: $38,380Net Assets 2013: $38,3802013Assets 2014: $42,929Net Assets 2014: $42,9292014Assets 2015: $43,340Net Assets 2015: $43,3402015Assets 2016: $44,574Net Assets 2016: $44,5742016Assets 2017: $19,428Net Assets 2017: $19,4282017Assets 2018: $26,910Liabilities 2018: $02018Assets 2019: $14,197Liabilities 2019: $02019Assets 2020: $22,357Liabilities 2020: $02020Assets 2021: $44,146Net Assets 2021: $44,1462021Assets 2022: $59,439Net Assets 2022: $59,4392022Assets 2023: $41,500Net Assets 2023: $41,5002023Assets 2024: $24,156Net Assets 2024: $24,1562024Assets 2025: $90,230Liabilities 2025: $983Net Assets 2025: $89,2472025

Highlighted filing

2022

Assets$59,439
Liabilities-
Net Assets$59,439
Open 2022 Filing

Operations Trend

Revenue Growth70th percentile

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

$150K$100K$50K$0-$50KExpenses 2010: $19,1062010Expenses 2011: $38,8082011Expenses 2012: $66,2772012Revenue 2013: $51,842Expenses 2013: $54,863Net Income 2013: -$3,0212013Revenue 2014: $68,711Expenses 2014: $64,162Net Income 2014: $4,5492014Revenue 2015: $55,342Expenses 2015: $54,931Net Income 2015: $4112015Revenue 2016: $79,098Expenses 2016: $77,864Net Income 2016: $1,2342016Revenue 2017: $46,703Expenses 2017: $71,849Net Income 2017: -$25,1462017Revenue 2018: $73,851Expenses 2018: $66,369Net Income 2018: $7,4822018Revenue 2019: $55,833Expenses 2019: $68,546Net Income 2019: -$12,7132019Revenue 2020: $59,932Expenses 2020: $51,772Net Income 2020: $8,1602020Revenue 2021: $87,054Expenses 2021: $65,265Net Income 2021: $21,7892021Revenue 2022: $122,767Expenses 2022: $107,474Net Income 2022: $15,2932022Revenue 2023: $126,603Expenses 2023: $144,542Net Income 2023: -$17,9392023Revenue 2024: $79,789Expenses 2024: $97,133Net Income 2024: -$17,3442024Revenue 2025: $147,880Expenses 2025: $82,789Net Income 2025: $65,0912025

Highlighted filing

2022

Revenue$122,767
Expenses$107,474
Net Income$15,293
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Dec 13, 2022
Return Version
2021v4.2
Gross Receipts
$177,017
Mission and Program Overview

Mission

Provide various youth sailing programs

Program Services

DescriptionGrantsExpenses
Sailing program/camp for youth--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike AustinChairman-$0--
Rosa LamelaExecutive Director-$0--
Lynda MunshowerTreasurer-$0--
Kellie ButlerPresident-$0--
Cheryl PowersSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Mark Sorensen Youth Sailing Program Inc
EIN
20-5228360
Phone
3057472600
Address
100 OCEAN BAY DRIVE, KEY LARGO, FL 33037

Signing Officer

Name
Rosa Lamela
Title
Officer
Phone
3057472600
Signed
2022-12-13
Discuss with paid preparer
Yes

Preparer

Firm
Antonio ValcarcelCPAPA
Address
10631 N Kendall Dr1202, Miami, FL 33176
Preparer
Antonio Valcarcel
Phone
7862531079
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Repairs and maintenance 9,890”

Form 990-EZ, Part I, Line 16, Other Expenses

“Subcontract services 36,236”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertising and marketing 10,439”

Form 990-EZ, Part I, Line 16, Other Expenses

“Depreciation 2,109”

Form 990-EZ, Part I, Line 16, Other Expenses

“Dues and subscriptions 100”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office expense 2,413”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank charges and fees 97”

Form 990-EZ, Part I, Line 16, Other Expenses

“Education 1,063”

Form 990-EZ, Part I, Line 16, Other Expenses

“Fuel and oil 4,389”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies and parts 6,415”

Form 990-EZ, Part I, Line 16, Other Expenses

“Licenses and taxes 752”

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 1,382”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll taxes 2,189”

Form 990-EZ, Part II, Line 24, Other Assets

“Sailboats and trailers, net of depreciation Beginning of year 6,945, End of year 4,836”

Raw XML Appendix163 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03057472600
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 373154
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Key Largo
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033037
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037201
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054603
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IRS990EZ/ExcessOrDeficitForYearAmt015293
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt0177017
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059439
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Mike Austin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Rosa Lamela
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lynda Munshower
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kellie Butler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Cheryl Powers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06945
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04836
IRS990EZ/OtherExpensesTotalAmt077474
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide various youth sailing programs
IRS990EZ/ProgramServiceRevenueAmt0177017
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Sailing program/camp for youth
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt030000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0107474
IRS990EZ/TotalRevenueAmt0122767
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0MSYSP.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt012025
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt061314
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt062931
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0124245
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt013732
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt016399
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt030131
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
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt080271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt086130
IRS990ScheduleA/Total509Grp/TotalAmt0166401
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt080271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt086130
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0166401
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Repairs and maintenance 9,890
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Subcontract services 36,236
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising and marketing 10,439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation 2,109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues and subscriptions 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office expense 2,413
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank charges and fees 97
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Education 1,063
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Fuel and oil 4,389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Supplies and parts 6,415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Licenses and taxes 752
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Travel 1,382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Payroll taxes 2,189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Sailboats and trailers, net of depreciation Beginning of year 6,945, End of year 4,836
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSA LAMELA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03057472600
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MARK SORENSEN YOUTH SAILING PROGRAM INC
ReturnHeader/Filer/BusinessNameControlTxt0MARK
ReturnHeader/Filer/EIN0205228360
ReturnHeader/Filer/PhoneNum03057472600
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 OCEAN BAY DRIVE
ReturnHeader/Filer/USAddress/CityNm0KEY LARGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033037
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205950660
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Antonio ValcarcelCPAPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010631 N Kendall Dr1202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033176
ReturnHeader/PreparerPersonGrp/PhoneNum07862531079
ReturnHeader/PreparerPersonGrp/PreparationDt02022-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Antonio Valcarcel
ReturnHeader/ReturnTs02022-12-13T04:38:52-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROSA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LAMELA
ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,439
Liabilities
-
Net assets
$59,439
Revenue
$122,767
Expenses
$107,474
Net income
$15,293
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$1.48$0.83$0.65
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.80$0.97$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.42$0.42$1.27$1.45$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.59$0.59$1.23$1.07$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.87$0.65$0.22
2020Summary only. Only limited summary data is available for this year.$0.22$0.00$0.60$0.52$0.08
2019Summary only. Only limited summary data is available for this year.$0.14$0.00$0.56$0.69$0.13
2018Summary only. Only limited summary data is available for this year.$0.27$0.00$0.74$0.66$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.47$0.72$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.79$0.78$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.55$0.55$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.69$0.64$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.38$0.52$0.55$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.00$0.50$0.19