Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 26-3550483 • 501(c)3 • San Pedro, CA
Profile
Our foundation has been established to support the sport of sailing and to promote the stewardship of the marine environment. We reach out to youth and to those who would not normally have access to sailing and marine experience by offering sailing scholarships, education, and by supporting relevant programs and organizations.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
56th percentile
Higher net margin than 56% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
58th percentile
Faster revenue growth than 58% of similar nonprofits.
Assets
Up$115,334
Up $1,588 (+1.4%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Up$115,334
Up $1,588 (+1.4%) from 2023
Revenue
Up$34,730
Up $580 (+1.7%) from 2023
Expenses
Down$33,142
Down $2,317 (-6.5%) from 2023
Net Income
Up$1,588
Up $2,897 (+221%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
Our foundation has been established to support the sport of sailing and to promote the stewardship of the marine environment. We reach out to youth and to those who would not normally have access to sailing and marine experience by offering sailing scholarships, education, and by supporting relevant programs and organizations.
| Description | Grants | Expenses |
|---|---|---|
| DURING 2024 THE LOS ANGELES SAILING FOUNDATION MADE GRANTS TO THE LOS ANGELES YACHT CLUB TO SUPPORT THE BOATS OWNED BY LOS ANGELES SAILING FOUNDATION AND CHARTERED TO LOS ANGELES YACHT CLUB FOR USE IN ITS COMMUNITY SAILING AND AS A SAILING PROGRAMS.IN ADDITION THE FOUNDATION SUPPORTS THE POLA HARBOR CUP AND CUP REGATA . | $29,780 | $29,780 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TERRANCE BROWN | President | - | $0 | - | - |
| BILL ROGERS | Director | - | $0 | - | - |
| JAMES MORGAN | Director | - | $0 | - | - |
| MALCOLM D MCDUFFIE | Treasurer/Secre | - | $0 | - | - |
| MIKE SHOOK | Director | - | $0 | - | - |
| DAVID CALLOWAY | Director | - | $0 | - | - |
| SAGE MARIE | Director | - | $0 | - | - |
“Class of Activity: CHARITABLE & EDUCATIONAL | Donee's Name: LA YACHT CLUB /HARBOR CUP REGATTA | Donee's Address: 285 WHALERS WALK SAN PEDRO CA 90731 | Relationship of Donee: NONE | Cash Amount Given: $29780”
“Depreciation $1162”
“BANK SERV CHARGES $600”
“Department of justice $25”
“Machinery and Equipment - Beginning $4711 Machinery and Equipment - Ending $2476”
“COLLECTIBLES TROPHIES ETC - Beginning $30025 COLLECTIBLES TROPHIES ETC - Ending $30025”
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 | MALCOLM D MCDUFFIE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6268400074 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 285 WHALERS WALK |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SAN PEDRO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90731 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 79010 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 82833 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 35802 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 1073 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 1588 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1575 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 113746 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 115334 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | -1072 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 29780 |
| IRS990EZ/GrossReceiptsAmt | 0 | 35803 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 113746 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 115334 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 113746 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 115334 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TERRANCE BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BILL ROGERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JAMES MORGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MALCOLM D MCDUFFIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MIKE SHOOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | DAVID CALLOWAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | SAGE MARIE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer/Secre |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 34736 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 32501 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1787 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | OUR FOUNDATION HAS BEEN ESTABLISHED TO SUPPORT THE SPORT OF SAILING AND TO PROMOTE THE STEWARDSHIP OF THE MARINE ENVIRONMENT. WE REACH OUT TO YOUTH AND TO THOSE WHO WOULD NOT NORMALLY HAVE ACCESS TO SAILING AND MARINE EXPERIENCE BY OFFERING SAILING SCHOLARSHIPS, EDUCATION, AND BY SUPPORTING RELEVANT PROGRAMS AND ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DURING 2024 THE LOS ANGELES SAILING FOUNDATION MADE GRANTS TO THE LOS ANGELES YACHT CLUB TO SUPPORT THE BOATS OWNED BY LOS ANGELES SAILING FOUNDATION AND CHARTERED TO LOS ANGELES YACHT CLUB FOR USE IN ITS COMMUNITY SAILING AND AS A SAILING PROGRAMS.IN ADDITION THE FOUNDATION SUPPORTS THE POLA HARBOR CUP AND CUP REGATA . |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 29780 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 29780 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 1 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 33142 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 29780 |
| IRS990EZ/TotalRevenueAmt | 0 | 34730 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | [email protected] |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 35802 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 34150 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31430 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32580 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 134062 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 6 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 21 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99980 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99870 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 134062 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 35802 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 34150 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 31430 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32580 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 134062 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 134083 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Class of Activity: CHARITABLE & EDUCATIONAL | Donee's Name: LA YACHT CLUB /HARBOR CUP REGATTA | Donee's Address: 285 WHALERS WALK SAN PEDRO CA 90731 | Relationship of Donee: NONE | Cash Amount Given: $29780 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Depreciation $1162 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | BANK SERV CHARGES $600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DEPARTMENT OF JUSTICE $25 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Machinery and Equipment - Beginning $4711 Machinery and Equipment - Ending $2476 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | COLLECTIBLES TROPHIES ETC - Beginning $30025 COLLECTIBLES TROPHIES ETC - Ending $30025 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Grants and Similar Amounts Paid In Excess of $5,000.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MALCOLM D MCDUFFIE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOS ANGELES SAILING FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOSA |
| ReturnHeader/Filer/EIN | 0 | 263550483 |
| ReturnHeader/Filer/PhoneNum | 0 | 3108311203 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 285 WHALERS WALK |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAN PEDRO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90731 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 952820500 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Charles McDonough Accountancy Corp |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2790 Skypark Dr Ste 306 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Torrance |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 90505 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3105409559 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY G WILSON CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-27T09:12:02-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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