Civic Intelligence

The Storm Trysail Foundation

990 • Fiscal year 2017 • EIN 26-2672182

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Organization Profilestormtrysailfoundation.org
1 Woodbine AvenueLarchmont, NY 10538

(914) 834-8857

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.10x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.14x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

29th percentile

-7.3%

Faster asset growth than 29% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

-4.2%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$235,857

Down $18,691 (-7.3%) from 2016

Net Assets

Down

$211,484

Down $24,952 (-11%) from 2016

Liabilities

Up

$24,373

Up $6,261 (+35%) from 2016

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin16th percentile

Revenue

Down

$175,519

Down $7,654 (-4.2%) from 2016

Expenses

Down

$201,048

Down $3,856 (-1.9%) from 2016

Net Income

Down

-$25,529

Down $3,798 (-17%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$600K$400K$200K$0Assets 2010: $179,581Liabilities 2010: $12,920Net Assets 2010: $166,6612010Assets 2011: $262,796Liabilities 2011: $15,626Net Assets 2011: $247,1702011Assets 2012: $313,622Liabilities 2012: $53,619Net Assets 2012: $260,0032012Assets 2013: $299,476Liabilities 2013: $47,327Net Assets 2013: $252,1492013Assets 2014: $332,901Liabilities 2014: $58,851Net Assets 2014: $274,0502014Assets 2015: $349,305Liabilities 2015: $101,445Net Assets 2015: $247,8602015Assets 2016: $254,548Liabilities 2016: $18,112Net Assets 2016: $236,4362016Assets 2017: $235,857Liabilities 2017: $24,373Net Assets 2017: $211,4842017Assets 2018: $244,744Liabilities 2018: $2,628Net Assets 2018: $242,1162018Assets 2019: $291,155Liabilities 2019: $9,179Net Assets 2019: $281,9762019Assets 2020: $236,687Liabilities 2020: $28,240Net Assets 2020: $208,4472020Assets 2021: $340,210Liabilities 2021: $39,252Net Assets 2021: $300,9582021Assets 2022: $409,336Liabilities 2022: $18,741Net Assets 2022: $390,5952022Assets 2023: $427,411Liabilities 2023: $32,365Net Assets 2023: $395,0462023Assets 2024: $525,930Liabilities 2024: $15,000Net Assets 2024: $510,9302024

Highlighted filing

2017

Assets$235,857
Liabilities$24,373
Net Assets$211,484
Open 2017 Filing

Operations Trend

Revenue Growth39th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $51,5702010Expenses 2011: $67,9212011Expenses 2012: $123,7582012Revenue 2013: $98,680Expenses 2013: $126,808Net Income 2013: -$28,1282013Revenue 2014: $207,215Expenses 2014: $189,412Net Income 2014: $17,8032014Revenue 2015: $194,092Expenses 2015: $195,315Net Income 2015: -$1,2232015Revenue 2016: $183,173Expenses 2016: $204,904Net Income 2016: -$21,7312016Revenue 2017: $175,519Expenses 2017: $201,048Net Income 2017: -$25,5292017Revenue 2018: $423,466Expenses 2018: $406,752Net Income 2018: $16,7142018Revenue 2019: $874,347Expenses 2019: $736,142Net Income 2019: $138,2052019Revenue 2020: $170,074Expenses 2020: $241,426Net Income 2020: -$71,3522020Revenue 2021: $335,865Expenses 2021: $256,791Net Income 2021: $79,0742021Revenue 2022: $356,041Expenses 2022: $269,165Net Income 2022: $86,8762022Revenue 2023: $255,111Expenses 2023: $257,409Net Income 2023: -$2,2982023Revenue 2024: $382,118Expenses 2024: $278,037Net Income 2024: $104,0812024

Highlighted filing

2017

Revenue$175,519
Expenses$201,048
Net Income-$25,529
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$220,097
Mission and Program Overview

Mission

The Foundation seeks to effect,

The foundation seeks to effect, promote and enhance the education of young sailors in safety at sea, safe boat handling in all conditions, and safe blue water racing and passage making through seminars, regattas, on water training, and through grants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$144,200$110,912▼ $33,288
Cash and Non-Interest-Bearing Accounts$24,313$24,242▼ $71
Savings and Temporary Cash Investments$20,167$20,173▲ $6
Pledges and Grants Receivable$2,500$2,500→ $0
Land, Buildings, and Equipment, Net$399--
Prepaid Expenses and Deferred Charges$190--
Total Assets$254,548$235,857▼ $18,691
Other Assets Total$62,779$78,030▲ $15,251
Liabilities
Accounts Payable and Accrued Expenses$18,112$13,363▼ $4,749
Deferred Revenue-$11,010-
Total Liabilities$18,112$24,373▲ $6,261
Net Assets / Fund Balance
Unrestricted Net Assets$236,436$211,484▼ $24,952
Total Net Assets Fund Balance$236,436$211,484▼ $24,952
Total Liabilities and Net Assets / Fund Balance$254,548$235,857▼ $18,691

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,999$3,999
Other Assets Org$57,510--
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
John FisherChairman
Barry GoldTreasurer/V Chairman
Eric KreuterTrustee
Leonard SitarTrustee
Richard DumoulinTrustee
John BrowningSecretary
Lars ForsbergVP
Revenue and Support

Revenue Composition

Contributions and Grants
$80,939
Program Service Revenue
$84,067
Investment Income
$6,241
Other Revenue
$4,272
All Other Contributions
$62,514
Change in Net Assets
$-25,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,048
Total Fundraising Expense$15,427
Grants and Similar Amounts Paid$8,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$53,995$7,713$15,427$77,135
Office Expenses$2,755$7,655$0$10,410
All Other Expenses$8,383$975$0$9,358
Fees for Services Other$2,903$6,259$0$9,162
Fees for Services Accounting$0$8,750$0$8,750
Other Expenses$8,450$0$0$8,450
Grants to Domestic Orgs$8,000--$8,000
Depreciation Depletion$4,068$0$0$4,068
Information Technology$1,633$946$0$2,579
Advertising$1,552$966$0$2,518
Total Functional Expenses$152,357$33,264$15,427$201,048
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SUNY Maritime CollegeBronx, NY501c3Donation$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,400
Fundraising Direct Expenses$17,137
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$35,825$17,400$17,137$263
None----
Total Events$35,825$17,400$17,137$263
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Storm Trysail Foundation
EIN
26-2672182
Phone
9148348857
Address
1 Woodbine Avenue, Larchmont, NY 10538

Signing Officer

Name
Barry Gold
Title
Treasurer
Phone
9148348857
Signed
2018-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Fisher
Formed
2008
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
150

Preparer

Firm
O'KEEFE CPA LLC
Address
375 FULTON ST, FARMINGDALE, NY 11735-3454
Preparer
TIMOTHY O'KEEFE
Phone
5165864940
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The Form 990 is circulated among the Board members for their review and approval prior to filing.”

Pt VI, Line 19

“The Organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

Pt VI, Line 12C

“The Board applies its conflict of interest policy in each relevant instance as circumstances arise.”

Pt VI, Line 6

“Members of the Storm Trysail Club are members of the Foundation as are members who separately join.”

Pt VI, Line 7A

“Members elect the governing Board.”

Form 990EZ, Part I, Line 16

“Insurance”

Form 990EZ, Part I, Line 16

“Facility, catering, other food”

Form 990EZ, Part I, Line 16

“Certificates”

Form 990EZ, Part I, Line 16

“Supplies”

Form 990EZ, Part I, Line 16

“Repairs”

Form 990EZ, Part I, Line 16

“Advertising”

Form 990EZ, Part I, Line 16

“Other”

Form 990EZ, Part II, Line 24

“Painting”

Form 990EZ, Part II, Line 24

“Equipment”

Form 990EZ, Part II, Line 24

“Trophy”

Form 990EZ, Part II, Line 24

“Prepaid expenses”

Form 990EZ, Part II, Line 26

“Accounts payable & accrued expenses”

Form 990EZ, Part II, Line 26

“Deferred revenue”

Form 990, Part IX, Line 24E

“Other 9358. 8383. 975. 0.”

Financial Statement Notes

Pt XI, Line 2D

“Direct benefits.”

Pt XII, Line 2D

“Direct benefits.”

Pt X, Line 2

“Accounting standards Codification 740-10-05 relates to accoutning and reporting uncertainties in income taxes and, for the Foundation, could be applicable to the incurrence of unrelated business income tax. The Foundation has not identified or provided for any such instances.”

Pt XI, Line 4B

“Seminar grants.”

Pt XII, Line 4B

“Seminar grants.”

Raw XML AppendixShowing 400 of 555 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt018112
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt013363
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FOUNDATION SEEKS TO EFFECT, PROMOTE AND ENHANCE THE EDUCATION OF YOUNG SAILORS IN SAFETY AT SEA, SAFE BOAT HANDLING IN ALL CONDITIONS, AND SAFE BLUE WATER RACING AND PASSAGE MAKING THROUGH SEMINARS, REGATTAS, ON WATER TRAINING, AND THROUGH GRANTS.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0966
IRS990/AdvertisingGrp/ProgramServicesAmt01552
IRS990/AdvertisingGrp/TotalAmt02518
IRS990/AllOtherContributionsAmt062514
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0975
IRS990/AllOtherExpensesGrp/ProgramServicesAmt08383
IRS990/AllOtherExpensesGrp/TotalAmt09358
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0LISA SCHINELLA
IRS990/BooksInCareOfDetail/PhoneNum09148348857
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 Woodbine Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Larchmont
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010538
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt024313
IRS990/CashNonInterestBearingGrp/EOYAmt024242
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt018425
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt080939
IRS990/CYGrantsAndSimilarPaidAmt08000
IRS990/CYInvestmentIncomeAmt06241
IRS990/CYOtherExpensesAmt0193048
IRS990/CYOtherRevenueAmt04272
IRS990/CYProgramServiceRevenueAmt084067
IRS990/CYRevenuesLessExpensesAmt0-25529
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0201048
IRS990/CYTotalFundraisingExpenseAmt015427
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0175519
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt011010
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04068
IRS990/DepreciationDepletionGrp/TotalAmt04068
IRS990/Desc0SAFETY AT SEA SEMINARS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt082604
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt08750
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt08750
IRS990/FeesForServicesManagementGrp/FundraisingAmt015427
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07713
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt053995
IRS990/FeesForServicesManagementGrp/TotalAmt077135
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06259
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02903
IRS990/FeesForServicesOtherGrp/TotalAmt09162
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm1BARRY GOLD
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BROWNING
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD DUMOULIN
IRS990/Form990PartVIISectionAGrp/PersonNm4ERIC KREUTER
IRS990/Form990PartVIISectionAGrp/PersonNm5LARS FORSBERG
IRS990/Form990PartVIISectionAGrp/PersonNm6LEONARD SITAR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer/V Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt018425
IRS990/FundraisingDirectExpensesAmt017137
IRS990/FundraisingGrossIncomeAmt017400
IRS990/GainOrLossGrp/SecuritiesAmt02559
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt030000
IRS990/GrossReceiptsAmt0220097
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0946
IRS990/InformationTechnologyGrp/ProgramServicesAmt01633
IRS990/InformationTechnologyGrp/TotalAmt02579
IRS990/InvestmentIncomeGrp/ExclusionAmt03682
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03682
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0144200
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0110912
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03999
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0399
IRS990/LandBldgEquipCostOrOtherBssAmt03999
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027441
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0true
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Foundation seeks to effect, promote and enhance the education of young sailors in
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0236436
IRS990/NetAssetsOrFundBalancesEOYAmt0211484
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02559
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02559
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0263
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0263
IRS990/NetUnrlzdGainsLossesInvstAmt07943
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0535
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07655
IRS990/OfficeExpensesGrp/ProgramServicesAmt02755
IRS990/OfficeExpensesGrp/TotalAmt010410
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt062779
IRS990/OtherAssetsTotalGrp/EOYAmt078030
IRS990/OtherExpensesGrp/Desc0Facility, catering, other food
IRS990/OtherExpensesGrp/Desc1Repairs
IRS990/OtherExpensesGrp/Desc2Supplies & Fees
IRS990/OtherExpensesGrp/Desc3Certificates
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt043324
IRS990/OtherExpensesGrp/ProgramServicesAmt1893
IRS990/OtherExpensesGrp/ProgramServicesAmt216401
IRS990/OtherExpensesGrp/ProgramServicesAmt38450
IRS990/OtherExpensesGrp/TotalAmt043324
IRS990/OtherExpensesGrp/TotalAmt1893
IRS990/OtherExpensesGrp/TotalAmt216401
IRS990/OtherExpensesGrp/TotalAmt38450
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other related
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04009
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04009
IRS990/OtherRevenueTotalAmt04009
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02500
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0190
IRS990/PrincipalOfficerNm0JOHN FISHER
IRS990/PriorPeriodAdjustmentsAmt0-7366
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Seminar Fees
IRS990/ProgramServiceRevenueGrp/Desc1Intercollegiate Regatta
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt078763
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15304
IRS990/ProgSrvcAccomActy2Grp/Desc0INTERCOLLEGIATE REGATTA
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt061753
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt05304
IRS990/ProgSrvcAccomActy3Grp/Desc0GRANTS & OTHER
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt08000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt072266
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt08500
IRS990/PYInvestmentIncomeAmt05218
IRS990/PYOtherExpensesAmt0196404
IRS990/PYOtherRevenueAmt07455
IRS990/PYProgramServiceRevenueAmt098234
IRS990/PYRevenuesLessExpensesAmt0-21731
IRS990/PYTotalExpensesAmt0204904
IRS990/PYTotalRevenueAmt0183173
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-25529
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt078763
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020167
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020173
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt019430
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt08276
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt039440
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt052460
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt012750
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0132356
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Other related 2014: 2689. 2015: 250. 2016: 5113. 2017: 4009.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt080939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt072266
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt097958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0113865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt084272
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0449300
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05218
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04007
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04610
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt025444
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt084067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt098234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt089726
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt083042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt017479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0372548
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt035825
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt038500
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt033265
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt038685
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt016528
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0162803
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04007
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05368
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04610
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt025444
IRS990ScheduleA/InvestmentIncomeCYPct00.02490
IRS990ScheduleA/InvestmentIncomePYPct00.02320
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04009
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05113
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02689
IRS990ScheduleA/OtherIncome509Grp/TotalAmt012061
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.83380
IRS990ScheduleA/PublicSupportPY509Pct00.83840
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0852295
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt019430
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt08276
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt039440
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt052460
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt012750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0132356
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0200831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0209000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0220949
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0235592
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0118279
IRS990ScheduleA/Total509Grp/TotalAmt0984651
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01022156
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03999
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03999
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15520
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt257510
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Oil Painting
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Trophies
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Video Costs (net)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Direct benefits.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct benefits.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Accounting standards Codification 740-10-05 relates to accoutning and reporting uncertainties in income taxes and, for the Foundation, could be applicable to the incurrence of unrelated business income tax. The Foundation has not identified or provided for any such instances.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Seminar grants.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4Seminar grants.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XII, Line 4b
IRS990ScheduleD/TotalBookValueOtherAssetsAmt078030
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018425
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018425
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017137
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0NONE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt035825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017400
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017400
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0263
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017137
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017137
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Donation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SUNY Maritime College
IRS990ScheduleI/RecipientTable/RecipientEIN0146013200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06 Pennyfield Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Bronx
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010465
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Donation to 501C3.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is circulated among the Board members for their review and approval prior to filing.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$235,857
Liabilities
$24,373
Net assets
$211,484
Revenue
$175,519
Expenses
$201,048
Net income
-$25,529
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.26$0.15$5.11$3.82$2.78$1.04
2023Detailed filing. Detailed filing data is available for this year.$4.27$0.32$3.95$2.55$2.57$0.02
2022Detailed filing. Detailed filing data is available for this year.$4.09$0.19$3.91$3.56$2.69$0.87
2021Detailed filing. Detailed filing data is available for this year.$3.40$0.39$3.01$3.36$2.57$0.79
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.28$2.08$1.70$2.41$0.71
2019Detailed filing. Detailed filing data is available for this year.$2.91$0.09$2.82$8.74$7.36$1.38
2018Detailed filing. Detailed filing data is available for this year.$2.45$0.03$2.42$4.23$4.07$0.17
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.24$2.11$1.76$2.01$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.55$0.18$2.36$1.83$2.05$0.22
2015Detailed filing. Detailed filing data is available for this year.$3.49$1.01$2.48$1.94$1.95$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.33$0.59$2.74$2.07$1.89$0.18
2013Detailed filing. Detailed filing data is available for this year.$2.99$0.47$2.52$0.99$1.27$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.54$2.60$1.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.16$2.47$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.13$1.67$0.52