Civic Intelligence

Sail Salem Inc

990EZ • Fiscal year 2019 • EIN 20-8157746

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

23 Glendale StreetSalem, MA 01970

(978) 239-1163

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

12th percentile

-31%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

30th percentile

-9.1%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$52,089

Down $5,230 (-9.1%) from 2018

Net Assets

Down

$50,264

Down $7,055 (-12%) from 2018

Liabilities

Up

$1,825

Up $1,825 from 2018

Revenue

Up

$94,125

Up $15,715 (+20%) from 2018

Expenses

Up

$123,680

Up $26,058 (+27%) from 2018

Net Income

Down

-$29,555

Down $10,343 (-54%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $148,203Net Assets 2011: $148,2032011Assets 2012: $135,510Liabilities 2012: $02012Assets 2013: $117,238Net Assets 2013: $117,2382013Assets 2014: $116,637Liabilities 2014: $0Net Assets 2014: $116,6372014Assets 2015: $99,970Liabilities 2015: $0Net Assets 2015: $99,9702015Assets 2016: $72,089Liabilities 2016: $0Net Assets 2016: $72,0892016Assets 2017: $54,031Liabilities 2017: $0Net Assets 2017: $54,0312017Assets 2018: $57,319Liabilities 2018: $0Net Assets 2018: $57,3192018Assets 2019: $52,089Liabilities 2019: $1,825Net Assets 2019: $50,2642019Assets 2020: $64,024Liabilities 2020: $20,513Net Assets 2020: $43,5112020Assets 2021: $181,331Liabilities 2021: $3,147Net Assets 2021: $178,1842021Assets 2022: $181,120Liabilities 2022: $250Net Assets 2022: $180,8702022Assets 2023: $212,387Liabilities 2023: $0Net Assets 2023: $212,3872023Assets 2024: $212,621Liabilities 2024: $0Net Assets 2024: $212,6212024

Highlighted filing

2019

Assets$52,089
Liabilities$1,825
Net Assets$50,264

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $139,940Expenses 2011: $61,321Net Income 2011: $78,6192011Revenue 2012: $82,298Expenses 2012: $94,991Net Income 2012: -$12,6932012Revenue 2013: $65,522Expenses 2013: $83,794Net Income 2013: -$18,2722013Revenue 2014: $96,867Expenses 2014: $97,468Net Income 2014: -$6012014Revenue 2015: $64,850Expenses 2015: $104,017Net Income 2015: -$39,1672015Revenue 2016: $52,595Expenses 2016: $102,976Net Income 2016: -$50,3812016Revenue 2017: $54,924Expenses 2017: $101,482Net Income 2017: -$46,5582017Revenue 2018: $78,410Expenses 2018: $97,622Net Income 2018: -$19,2122018Revenue 2019: $94,125Expenses 2019: $123,680Net Income 2019: -$29,5552019Revenue 2020: $73,048Expenses 2020: $79,801Net Income 2020: -$6,7532020Revenue 2021: $195,965Expenses 2021: $74,659Net Income 2021: $121,3062021Revenue 2022: $130,283Expenses 2022: $127,597Net Income 2022: $2,6862022Revenue 2023: $159,205Expenses 2023: $127,688Net Income 2023: $31,5172023Revenue 2024: $192,410Expenses 2024: $192,176Net Income 2024: $2342024

Highlighted filing

2019

Revenue$94,125
Expenses$123,680
Net Income-$29,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 1, 2020
Return Version
2019v5.1
Gross Receipts
$101,062
Mission and Program Overview

Mission

To provide self-sustaining educational programs with an environment that promotes positive life skills and values through the sport of sailing to children of all economic and ethnic backgrounds. Using sailing as a vehicle to empower all participants, young and old, sail salem's youth and adult programs will help develop independence and self confidence, improve communication, foster teamwork, and acquire a deeper understanding of community spirit and the power of volunteerism.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SAILING INSTRUCTION TO ADULTS AND CHILDREN.$0$103,478
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID S SMITHPresident-$0--
JED DICKMANTreasurer (Until 12/2019)-$0--
PAUL MCLAUGHLINTrustee (As Of 07/2019)-$0--
RICK HAIGISSecretary-$0--
FRED ATKINSTrustee-$0--
CONWAY FELTONTrustee-$0--
BRAD WHITETrustee-$0--
JULEE COLELLATrustee-$0--
PATTY MACLEODTrustee-$0--
KEEGAN WHITEHAIRExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Sail Salem Inc
EIN
20-8157746
Phone
9782391163
Address
23 GLENDALE STREET, SALEM, MA 01970

Signing Officer

Name
David S Smith
Title
President
Phone
9782391163
Signed
2020-07-01
Discuss with paid preparer
No

Preparer

Firm
Ryan & Coscia Pc
Address
256 ESSEX STREET, SALEM, MA 01970
Preparer
Ryan Coscia Pc
Phone
9787441760
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: MERCHANDISE SALES. Amount: 646.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 8,097.

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

Description: ADVERTISING. Amount: 180. Description: BANK CHARGES. Amount: 1,415. Description: INSURANCE. Amount: 9,723. Description: OFFICE EXPENSES. Amount: 5,992. Description: TAXES AND LICENSES. Amount: 138. Description: SUPPLIES. Amount: 4,770. Description: REPAIRS AND MAINTENANCE. Amount: 27,117. Description: PAYROLL TAXES. Amount: 5,595. Description: TRAINING. Amount: 2,647. Total to Form 990-EZ, line 16: 57,577.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: DONATED SERVICES. Amount: 22,500.

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

Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 3,210. Description: Other Depreciable Assets. Beg. of Year Amount: 40,065. End of Year Amount: 36,236.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: ACCRUED EXPENSES. Beg. of Year Amount: 0. End of Year Amount: 1,825.

Raw XML Appendix211 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09782817788
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID S SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JED DICKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL MCLAUGHLIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICK HAIGIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FRED ATKINS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9KEEGAN WHITEHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER (UNTIL 12/2019)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE (AS OF 07/2019)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt040065
IRS990EZ/OtherAssetsTotalDetail/EOYAmt039446
IRS990EZ/OtherChangesInNetAssetsAmt022500
IRS990EZ/OtherExpensesTotalAmt057577
IRS990EZ/OtherRevenueTotalAmt0646
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SELF-SUSTAINING EDUCATIONAL PROGRAMS WITH AN ENVIRONMENT THAT PROMOTES POSITIVE LIFE SKILLS AND VALUES THROUGH THE SPORT OF SAILING TO CHILDREN OF ALL ECONOMIC AND ETHNIC BACKGROUNDS. USING SAILING AS A VEHICLE TO EMPOWER ALL PARTICIPANTS, YOUNG AND OLD, SAIL SALEM'S YOUTH AND ADULT PROGRAMS WILL HELP DEVELOP INDEPENDENCE AND SELF CONFIDENCE, IMPROVE COMMUNICATION, FOSTER TEAMWORK, AND ACQUIRE A DEEPER UNDERSTANDING OF COMMUNITY SPIRIT AND THE POWER OF VOLUNTEERISM.
IRS990EZ/ProgramServiceRevenueAmt045320
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SAILING INSTRUCTION TO ADULTS AND CHILDREN.
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt094125
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SAILSALEM.ORG
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: MERCHANDISE SALES. Amount: 646.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Depreciation. Amount: 8,097.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: ADVERTISING. Amount: 180. Description: BANK CHARGES. Amount: 1,415. Description: INSURANCE. Amount: 9,723. Description: OFFICE EXPENSES. Amount: 5,992. Description: TAXES AND LICENSES. Amount: 138. Description: SUPPLIES. Amount: 4,770. Description: REPAIRS AND MAINTENANCE. Amount: 27,117. Description: PAYROLL TAXES. Amount: 5,595. Description: TRAINING. Amount: 2,647. Total to Form 990-EZ, line 16: 57,577.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: DONATED SERVICES. Amount: 22,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 0. End of Year Amount: 3,210. Description: Other Depreciable Assets. Beg. of Year Amount: 40,065. End of Year Amount: 36,236.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description: ACCRUED EXPENSES. Beg. of Year Amount: 0. End of Year Amount: 1,825.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd00
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID S SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09782391163
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAIL SALEM INC
ReturnHeader/Filer/BusinessNameControlTxt0SAIL
ReturnHeader/Filer/EIN0208157746
ReturnHeader/Filer/PhoneNum09782391163
ReturnHeader/Filer/USAddress/AddressLine1Txt023 GLENDALE STREET
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001970
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId065FBCE2491AB1F08E7FDCE4661FEEBFE8E100305
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.205.137.42
ReturnHeader/FilingSecurityInformation/IPDt02020-07-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:57:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042894876
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RYAN & COSCIA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0256 ESSEX STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALEM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001970
ReturnHeader/PreparerPersonGrp/PhoneNum09787441760
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN COSCIA PC
ReturnHeader/ReturnTs02020-07-07T12:28:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$1.92$1.92$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$1.59$1.28$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.30$1.28$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.81$0.03$1.78$1.96$0.75$1.21
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.21$0.44$0.73$0.80$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.02$0.50$0.94$1.24$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.78$0.98$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.55$1.01$0.47
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.53$1.03$0.50
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.65$1.04$0.39
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.97$0.97$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.17$1.17$0.66$0.84$0.18
2012Summary only. Only limited summary data is available for this year.$1.36$0.00$0.82$0.95$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$1.48$1.40$0.61$0.79