Civic Intelligence

New England Science & Sailing Foundation Inc.

990 • Fiscal year 2020 • EIN 30-0245251

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 03, 2021

PO Box 733Stonington, CT 06378

(860) 535-9362

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.34x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.62x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

23rd percentile

-9.9%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

87th percentile

$169,409

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

13th percentile

-6.0%

Faster asset growth than 13% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-18%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$4,886,018

Down $310,524 (-6.0%) from 2019

Net Assets

Down

$3,215,263

Down $261,761 (-7.5%) from 2019

Liabilities

Down

$1,670,755

Down $48,763 (-2.8%) from 2019

Revenue

Down

$2,698,770

Down $611,180 (-18%) from 2019

Expenses

Down

$2,966,920

Down $453,090 (-13%) from 2019

Net Income

Down

-$268,150

Down $158,090 (-144%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $511,937Liabilities 2010: $11,569Net Assets 2010: $500,3682010Assets 2012: $3,801,104Liabilities 2012: $1,722,808Net Assets 2012: $2,078,2962012Assets 2013: $3,927,602Liabilities 2013: $1,650,567Net Assets 2013: $2,277,0352013Assets 2014: $4,398,233Liabilities 2014: $1,561,899Net Assets 2014: $2,836,3342014Assets 2015: $4,801,641Liabilities 2015: $1,541,486Net Assets 2015: $3,260,1552015Assets 2016: $5,021,322Liabilities 2016: $1,496,851Net Assets 2016: $3,524,4712016Assets 2017: $5,286,826Liabilities 2017: $1,536,177Net Assets 2017: $3,750,6492017Assets 2018: $5,266,478Liabilities 2018: $1,692,687Net Assets 2018: $3,573,7912018Assets 2019: $5,196,542Liabilities 2019: $1,719,518Net Assets 2019: $3,477,0242019Assets 2020: $4,886,018Liabilities 2020: $1,670,755Net Assets 2020: $3,215,2632020Assets 2021: $5,613,617Liabilities 2021: $1,681,134Net Assets 2021: $3,932,4832021Assets 2022: $5,888,909Liabilities 2022: $1,849,705Net Assets 2022: $4,039,2042022Assets 2023: $5,371,275Liabilities 2023: $1,657,683Net Assets 2023: $3,713,5922023Assets 2024: $5,629,315Liabilities 2024: $1,902,015Net Assets 2024: $3,727,3002024

Highlighted filing

2020

Assets$4,886,018
Liabilities$1,670,755
Net Assets$3,215,263

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $419,1622010Expenses 2012: $933,8862012Revenue 2013: $1,286,517Expenses 2013: $1,086,607Net Income 2013: $199,9102013Revenue 2014: $2,200,409Expenses 2014: $1,641,091Net Income 2014: $559,3182014Revenue 2015: $2,694,401Expenses 2015: $2,263,380Net Income 2015: $431,0212015Revenue 2016: $2,804,692Expenses 2016: $2,541,674Net Income 2016: $263,0182016Revenue 2017: $3,637,790Expenses 2017: $3,426,409Net Income 2017: $211,3812017Revenue 2018: $3,213,541Expenses 2018: $3,378,718Net Income 2018: -$165,1772018Revenue 2019: $3,309,950Expenses 2019: $3,420,010Net Income 2019: -$110,0602019Revenue 2020: $2,698,770Expenses 2020: $2,966,920Net Income 2020: -$268,1502020Revenue 2021: $3,618,390Expenses 2021: $2,913,629Net Income 2021: $704,7612021Revenue 2022: $4,082,474Expenses 2022: $3,954,282Net Income 2022: $128,1922022Revenue 2023: $3,562,102Expenses 2023: $3,904,829Net Income 2023: -$342,7272023Revenue 2024: $4,106,993Expenses 2024: $4,108,030Net Income 2024: -$1,0372024

Highlighted filing

2020

Revenue$2,698,770
Expenses$2,966,920
Net Income-$268,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 3, 2021
Return Version
2020v4.0
Gross Receipts
$2,711,629
Mission and Program Overview

Mission

Ness's ocean adventure education programs engage students in experiential learning that builds confidence, teamwork and leadership skills. In 2014, 3213 students enrolled in the foundation's sailing, marine science, adventure sports and power boat programs. Students ranged in age from 4 to adult, coming from all economic backgrounds as our programs are supported by scholarships to be inclusive of all who want to learn.

Ness offers a unique education model that empowers students with leadership, teamwork, confidence, and problem-solving skills to ensure academic success. Ness is the first, and only, program of its kind to be accredited by new england association of schools and colleges. Our stem- based curriculum includes using marine science, sailing, power boating, and adventure sports as learning platforms. Our goal is to advance academic opportunities for k-12 students of all backgrounds in both urban and suburban markets. Ness's in-person and online experiential learning programs are designed to deliberately build students' sel skills and promote the growth of positive learning mindsets. This intentionality results in programs that increase students' confidence, perseverance, self-control, teamwork, and leadership skills, while also building connections between students, their community, and a sustainable natural environment. Various studies have found that learning mindsets are as, if not more i

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,215,033$4,050,948▼ $164,085
Pledges and Grants Receivable$659,760$539,881▼ $119,879
Investments in Publicly Traded Securities$120,888$126,010▲ $5,122
Cash and Non-Interest-Bearing Accounts$156,900$115,631▼ $41,269
Prepaid Expenses and Deferred Charges$43,961$53,548▲ $9,587
Total Assets$5,196,542$4,886,018▼ $310,524
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,378,776$1,561,638▲ $182,862
Accounts Payable and Accrued Expenses$77,016$57,397▼ $19,619
Unsecured Notes Loans Payable$255,831$30,310▼ $225,521
Deferred Revenue$7,895$21,410▲ $13,515
Total Liabilities$1,719,518$1,670,755▼ $48,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,833,193$2,496,747▼ $336,446
Net Assets With Donor Restrictions$643,831$718,516▲ $74,685
Total Net Assets Fund Balance$3,477,024$3,215,263▼ $261,761
Total Liabilities and Net Assets / Fund Balance$5,196,542$4,886,018▼ $310,524

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,103,238-$2,103,238
Buildings$1,408,608$373,186$1,781,794
Equipment$539,102$623,805$1,162,907

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$125,083-▲ $8,441$826$132,698
2019$111,255-▲ $14,663$835$125,083
2018$120,364-▼ $8,272$837$111,255
2017$107,589-▲ $15,682$2,907$120,364
2016$103,631-▲ $3,958-$107,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dr Eric IsselhardtExec. Director EFT$169,409$169,409
Dr Eric IsselhardtExec. Director Educ.-$169,409$169,409
Michael LobdellPresident &FT$23,954$23,954

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,782,183
Program Service Revenue
$866,573
Investment Income
$9,682
Other Revenue
$40,332
All Other Contributions
$1,353,482
Change in Net Assets
$-268,150

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded8$52,082Fair Market Value
Other Non Cash Contri Table31$33,389-
Boats and Planes2$28,000Fair Market Value
Total Noncash Contributions41$113,471-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,472,004
Revenue Not Reported on Financial Statements
$226,766
Revenue Not Reported on Form 990
$6,389
Other Revenue Adjustments
$226,766
Total Revenue per Audited Statements
$2,478,393
Total Revenue per Form 990
$2,698,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,971,331
Other Expenses$762,103
Total Fundraising Expense$345,362
Grants and Similar Amounts Paid$233,486
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,155,860$152,283$242,285$1,550,428
Current Officers, Directors, Trustees, and Key Employees$193,363--$193,363
Grants to Domestic Orgs$157,023--$157,023
Depreciation Depletion$127,413$15,221$5,278$147,912
Payroll Taxes$104,030$11,517$18,800$134,347
Office Expenses$108,469$13,557$10,123$132,149
Insurance$97,434$11,639$4,036$113,109
Fees for Services Other$26,013$53,583$26,362$105,958
Occupancy$91,412$7,999$2,633$102,044
Other Employee Benefits$74,443$7,109$11,641$93,193
Grants to Domestic Individuals$76,463--$76,463
Travel$14,510$2,376$14,405$31,291
Fees for Services Accounting-$27,554-$27,554
Advertising$13,679-$1,536$15,215
All Other Expenses$9,443$352$3,105$12,900
Other Expenses$1,486$10,984$543$12,470
Fees for Services Legal-$1,149-$1,149
Total Functional Expenses$2,301,339$320,219$345,362$2,966,920

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,966,920
Total Expenses per Audited Statements$2,740,154
Expenses per Audited Statements$2,733,434
Expenses Not Reported on Financial Statements$233,486
Other Expense Adjustments$233,486
Expenses Not Reported on Form 990$6,720
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New London Parks and Rec Dept--Tuition Discount-
New London Public SchoolsNew London, CTGovTuition Discount-
Norwich Public SchoolsNorwich, CTGovTuition Discount-
Other VariousConnecticut, CTGovTuition Discount-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,929
Fundraising Direct Expenses$6,719
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$195,653$22,085$3,865$18,220
Art Shows$18,881$16,344$1,219$15,125
Total Events$227,059$39,929$6,719$33,210
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
Business relationship with 35% controlled entity
No
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
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is reviewed by the finance director, audit committee and the full board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

The policy of the organization is that directors and management disclose any actual or possible conflict of interest relationship or transaction to the board of directors. The board then determines whether a conflict of interest does in fact exist, and if a conflict of interest does exist, whether the board will permit the director or manager to participate in the relationship or conflict of interest transaction.

Form 990, Page 6, Part VI, Line 15A

In setting compensation for management, the human resources committee compares compensation levels with positions having similar responsibilities at other not-for-profit organizations. The human resources committee makes recommendations for compensation that are included in the budget, which is reviewed by the finance committee and approved by the full board of directors.

Form 990, Page 6, Part VI, Line 19

The 990 and all relevant financial documents and information is made available upon request.

Filing and Contact Details

Filer

Filer Name
New England Science & Sailing
EIN
30-0245251
Phone
8605359362
Address
PO BOX 733, STONINGTON, CT 06378

Signing Officer

Name
Michael Lobdell
Title
President & CEO
Phone
8605359362
Signed
2021-06-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Lobdell
Formed
2004
Legal Domicile
Ct
Voting Board Members
19
Independent Board Members
18
Employees
81
Volunteers
120

Preparer

Firm
Mahoney Sabol & Company Llp
Address
180 GLASTONBURY BLVD STE 400, GLASTONBURY, CT 06033-4439
Preparer
Jay J Rasmus CPA
Phone
8605412000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

OTHER PROGRAM EXPENSES

Form 990, Part XI, Line 9

Scholarships and grants revenue -233,486 fundraising expenses net against revenue 6,720 fundraising expenses net against revenue -6,720 scholarships and grants expenses 233,486

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Scholarships and grants revenue 233,486 fundraising expenses net against revenue -6,720

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses net against revenue 6,720

Schedule D, Page 4, Part XII, Line 4B

Scholarships and grants expenses 233,486

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IRS990/ActivityOrMissionDesc0NESS OFFERS A UNIQUE EDUCATION MODEL THAT EMPOWERS STUDENTS WITH LEADERSHIP, TEAMWORK, CONFIDENCE, AND PROBLEM-SOLVING SKILLS TO ENSURE ACADEMIC SUCCESS. NESS IS THE FIRST, AND ONLY, PROGRAM OF ITS KIND TO BE ACCREDITED BY NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES. OUR STEM- BASED CURRICULUM INCLUDES USING MARINE SCIENCE, SAILING, POWER BOATING, AND ADVENTURE SPORTS AS LEARNING PLATFORMS. OUR GOAL IS TO ADVANCE ACADEMIC OPPORTUNITIES FOR K-12 STUDENTS OF ALL BACKGROUNDS IN BOTH URBAN AND SUBURBAN MARKETS. NESS'S IN-PERSON AND ONLINE EXPERIENTIAL LEARNING PROGRAMS ARE DESIGNED TO DELIBERATELY BUILD STUDENTS' SEL SKILLS AND PROMOTE THE GROWTH OF POSITIVE LEARNING MINDSETS. THIS INTENTIONALITY RESULTS IN PROGRAMS THAT INCREASE STUDENTS' CONFIDENCE, PERSEVERANCE, SELF-CONTROL, TEAMWORK, AND LEADERSHIP SKILLS, WHILE ALSO BUILDING CONNECTIONS BETWEEN STUDENTS, THEIR COMMUNITY, AND A SUSTAINABLE NATURAL ENVIRONMENT. VARIOUS STUDIES HAVE FOUND THAT LEARNING MINDSETS ARE AS, IF NOT MORE I
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXEC. DIR. E
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIR/S
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHAIR
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IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TELEPHONE/INTERNET
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL DEVELOPMENT
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IRS990/ProgSrvcAccomActy2Grp/Desc0NESS'S SUMMER CAMP INCLUDES OPEN ENROLLMENT SUMMER PROGRAMS FOR STUDENTS AGES 4-17. THE PROGRAMS RUN FOR 11 WEEKS FROM JUNE-AUGUST AND ARE STAFFED BY FULL TIME AND SEASONAL EDUCATORS. STUDENTS CAN REGISTER FOR JUST ONE WEEK OR FOR THE ENTIRE SUMMER. CAMP PROGRAMS COMPRISE A UNIQUE EXPERIENTIAL LEARNING PLATFORM THAT INCLUDES WEEKLY THEMES, EMBEDDED SOCIAL EMOTIONAL LEARNING ELEMENTS, AND ARE DESIGNED AROUND AGE-BASED LEVELS IN SAILING, MARINE SCIENCE, ADVENTURE SPORTS, AND POWERBOATING. SUMMER CAMP TAKES PLACES IN STONINGTON, CT, WITH SOME PROGRAMS IN WESTERLY, RI.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0985591
IRS990/ProgSrvcAccomActy2Grp/GrantAmt030438
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0371126
IRS990/ProgSrvcAccomActy3Grp/Desc0NESS COMMUNITY PROGRAMS PROVIDE OPPORTUNITIES FOR ADULTS, FAMILIES, AND COMMUNITY TO PARTICIPATE IN HANDS-ON, EXPERIENTIAL PROGRAMS. NESS OFFERS ADULT SAILING AND FAMILY EXPEDITION PROGRAMS. ADULT SAILING INCLUDES BEGINNER AND INTERMEDIATE CLASSES. FAMILY EXPEDITIONS ALLOW THE ENTIRE FAMILY TO EXPERIENCE A NESS PROGRAM TOGETHER. THESE ARE DONE IN 3-HOUR SESSIONS AND INCLUDE MARINE SCIENCE AND ADVENTURE SPORTS OPTIONS. OTHER OPPORTUNITIES TO EXPERIENCE NESS ARE HARBOR TOURS ON EITHER A SAILBOAT OR POWERBOAT. COMMUNITY ORGANIZATIONS ALSO PARTNER WITH NESS TO BRING OUR EDUCATIONAL OPPORTUNITIES TO THEIR CUSTOMERS. FINALLY, AS RESULT OF THE COVID-19 PANDEMIC, NESS OFFERED A SHORE SUPPORT PROGRAM TO ASSIST STUDENTS AND FAMILIES WITH THE CHALLENGES OF DISTANCE LEARNING.
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0296431
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM EXPENSES
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IRS990/PYContributionsGrantsAmt01818238
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IRS990/PYGrantsAndSimilarPaidAmt0598031
IRS990/PYInvestmentIncomeAmt03595
IRS990/PYOtherExpensesAmt0983464
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IRS990/PYProgramServiceRevenueAmt01427003
IRS990/PYRevenuesLessExpensesAmt0-110060
IRS990/PYSalariesCompEmpBnftPaidAmt01838515
IRS990/PYTotalExpensesAmt03420010
IRS990/PYTotalRevenueAmt03309950
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.63$1.90$3.73$4.11$4.11$0.00
2023Detailed filing. Detailed filing data is available for this year.$5.37$1.66$3.71$3.56$3.90$0.34
2022Detailed filing. Detailed filing data is available for this year.$5.89$1.85$4.04$4.08$3.95$0.13
2021Detailed filing. Detailed filing data is available for this year.$5.61$1.68$3.93$3.62$2.91$0.70
2020Detailed filing. Detailed filing data is available for this year.$4.89$1.67$3.22$2.70$2.97$0.27
2019Detailed filing. Detailed filing data is available for this year.$5.20$1.72$3.48$3.31$3.42$0.11
2018Detailed filing. Detailed filing data is available for this year.$5.27$1.69$3.57$3.21$3.38$0.17
2017Detailed filing. Detailed filing data is available for this year.$5.29$1.54$3.75$3.64$3.43$0.21
2016Detailed filing. Detailed filing data is available for this year.$5.02$1.50$3.52$2.80$2.54$0.26
2015Detailed filing. Detailed filing data is available for this year.$4.80$1.54$3.26$2.69$2.26$0.43
2014Detailed filing. Detailed filing data is available for this year.$4.40$1.56$2.84$2.20$1.64$0.56
2013Detailed filing. Detailed filing data is available for this year.$3.93$1.65$2.28$1.29$1.09$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$1.72$2.08$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.01$0.50$0.42