Sail Marblehead Inc.

990EZ • Fiscal year 2018 • EIN 26-0017113

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 26, 2019

Organization Profile NA

PO Box 1430Marblehead, MA 01945

(617) 803-8202

Siviq Scores

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

12.07x

Higher debt load relative to assets than 99% of similar nonprofits.

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

6.96x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

-2.6%

Higher net margin than 34% of similar nonprofits.

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

Higher top officer pay than 76% of similar nonprofits.

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

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

1.8%

Faster asset growth than 51% of similar nonprofits.

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

53%

Faster revenue growth than 86% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets99th percentile

Assets

$3,172

Up $55 (+1.8%) from 2017

Net Assets

Down

-$35,117

Down $145 (-0.4%) from 2017

Liabilities

$38,289

Up $200 (+0.5%) from 2017

Revenue And Expenses

Liabilities / Revenue99th percentile Net Margin34th percentile

Revenue

$5,500

Up $1,900 (+53%) from 2017

Expenses

$5,645

Up $1,789 (+46%) from 2017

Net Income

-$145

Up $111 (+43%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

Highlighted filing

2018

Assets$3,172

Liabilities$38,289

Net Assets-$35,117

Open 2018 Filing

Operations Trend

Revenue Growth86th percentile

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

Highlighted filing

2018

Revenue$5,500

Expenses$5,645

Net Income-$145

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Mar 26, 2019
Return Version: 2018v3.1
Gross Receipts: $5,500

Mission and Program Overview

Mission

To promote awarness, understanding and appreciation of our natural environment and its protection and preservation through public education and provision of active programs and services including community based sailing and kyacking programs as well all related activities or ventures.

Program Services

Description	Grants	Expenses
PUBLIC EDUCATION	-	$4,890
RELATED ACTIVITIES ALL OTHER SIMILAR VENTURES	-	$720
ACTIVITIES FOR COMMUNITY	-	$35
ENVIRONMENT PROTECTION	-	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ANTHONY J ALVINO	President	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Sail Marblehead Inc
EIN: 26-0017113
Address: PO BOX 1430, MARBLEHEAD, MA 01945

Signing Officer

Name: Anthony J Alvino
Title: President
Phone: 6178038202
Signed: 2019-03-26

Preparer

Firm: David P Miller CPA
Address: 84 LEWIS ST, LYNN, MA 01902-4841
Preparer: David P Miller CPA
Phone: 7815986640

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank service charge 77 filing fees 35 cleaning 455 boat expenses 2,858 boat 1,500 non-investment depreciation 240 total 5,165”

Form 990-ez, Part II, Line 24

“23,413 23,413 less accumulated depreciation 21,574 21,814 total 1,839 1,599”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 38,089 38,289”

Form 990-ez, Part III

“To promote awarness, understanding and appreciation of our natural environment and its protection and preservation through public education and provision of active programs and services including community based sailing and kyacking programs as well all related activities or ventures.”

Form 990-ez, Part III, Line 31

“Related activities all other similar ventures”

Raw XML Appendix141 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	ANTHONY J ALVINO
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6178038202
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	6 MEADOW RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	BEVERLY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	01915
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	1278
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	1573
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	3500
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-145
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	480
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	3117
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	3172
IRS990EZ/GrossReceiptsAmt	0	5500
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-34972
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-35117
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-34972
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-35117
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ANTHONY J ALVINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	1839
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	1599
IRS990EZ/OtherExpensesTotalAmt	0	5165
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROMOTE AWARNESS, UNDERSTANDING AND APPRECIATION OF OUR NATURAL ENVIRONMENT AND ITS PROTECTION AND PRESERVATION THROUGH PUBLIC EDUCATION AND PROVISION OF ACTIVE PROGRAMS AND SERVICES INCLUDING COMMUNITY BASED SAILING AND KYACKING PROGRAMS AS WELL ALL RELATED ACTIVITIES OR VENTURES.
IRS990EZ/ProgramServiceRevenueAmt	0	2000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PUBLIC EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	ENVIRONMENT PROTECTION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	ACTIVITIES FOR COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	3	RELATED ACTIVITIES ALL OTHER SIMILAR VENTURES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	4890
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	35
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	2	720
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	38089
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	38289
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	5645
IRS990EZ/TotalProgramServiceExpensesAmt	0	5645
IRS990EZ/TotalRevenueAmt	0	5500
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	NA
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	3500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	3600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	4300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	8500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	3500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	23400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	2000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	5000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	7000
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	30400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	5500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	3600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	4300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	13500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	3500
IRS990ScheduleA/Total509Grp/TotalAmt	0	30400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	5500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	3600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	4300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	13500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	3500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	30400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES BANK SERVICE CHARGE 77 FILING FEES 35 CLEANING 455 BOAT EXPENSES 2,858 BOAT 1,500 NON-INVESTMENT DEPRECIATION 240 TOTAL 5,165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	23,413 23,413 LESS ACCUMULATED DEPRECIATION 21,574 21,814 TOTAL 1,839 1,599
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	UNSECURED NOTES AND LOANS PAYABLE 38,089 38,289
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO PROMOTE AWARNESS, UNDERSTANDING AND APPRECIATION OF OUR NATURAL ENVIRONMENT AND ITS PROTECTION AND PRESERVATION THROUGH PUBLIC EDUCATION AND PROVISION OF ACTIVE PROGRAMS AND SERVICES INCLUDING COMMUNITY BASED SAILING AND KYACKING PROGRAMS AS WELL ALL RELATED ACTIVITIES OR VENTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	RELATED ACTIVITIES ALL OTHER SIMILAR VENTURES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ANTHONY J ALVINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6178038202
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-03-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SAIL MARBLEHEAD INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SAIL
ReturnHeader/Filer/EIN	0	260017113
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 1430
ReturnHeader/Filer/USAddress/CityNm	0	MARBLEHEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	01945
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	75B8ACB7D3A92570C33462931A9AE2393544F6A2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9EAC6027537A349C7C8319CDA50AD0EB7EB05DE9
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	96.252.55.145
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	16:15:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	043184825
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	DAVID P MILLER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	84 LEWIS ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	LYNN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	019024841
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7815986640
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-03-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DAVID P MILLER CPA
ReturnHeader/ReturnTs	0	2019-05-10T16:15:58-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,172
Liabilities: $38,289
Net assets: -$35,117
Revenue: $5,500
Expenses: $5,645
Net income: -$145

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.12	$42.5	$39.4	$7.70	$8.14	$0.44
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.01	$40.3	$38.3	$1.85	$2.18	$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.86	$39.8	$37.9		$1.17
2020Detailed filing. Detailed filing data is available for this year.	$1.76	$38.5	$36.8		$0.82
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.34	$38.3	$36.0		$0.84
2018Detailed filing. Detailed filing data is available for this year.	$3.17	$38.3	$35.1	$5.50	$5.65	$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.12	$38.1	$35.0	$3.60	$3.86	$0.26
2014Detailed filing. Detailed filing data is available for this year.	$2.52	$38.1	$35.6	$3.50	$15.1	$11.6
2013Detailed filing. Detailed filing data is available for this year.	$12.9	$36.9	$23.9	$20.0	$34.5	$14.5
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.95	$13.4	$9.46	$14.3	$18.3	$4.00