Liabilities / Assets
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2024 • EIN 36-3832321
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Up$3,585,128
Up $409,431 (+13%) from 2023
Net Assets
Up$3,585,128
Up $409,431 (+13%) from 2023
Liabilities
Flat$0
Flat from 2023
Revenue
Up$678,208
Up $54,173 (+8.7%) from 2023
Expenses
Up$268,777
Up $16,743 (+6.6%) from 2023
Net Income
Up$409,431
Up $37,430 (+10%) from 2023
The primary exempt purpose of the foundation is to provide classroom and on-water sailing instruction for the physically disabled. The foundation is in a partnership with the chicago park district whereby the foundation raises funds for instructor salaries, boats and maintenance costs while the park district operates the program on a day-to-day basis.
To provide classroom and on-water sailing instruction for the physically disabled.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,878,342 | $2,663,113 | ▲ $784,771 |
| Savings and Temporary Cash Investments | $1,045,808 | $701,718 | ▼ $344,090 |
| Land, Buildings, and Equipment, Net | $230,382 | $197,979 | ▼ $32,403 |
| Cash and Non-Interest-Bearing Accounts | $21,165 | $12,318 | ▼ $8,847 |
| Total Assets | $3,175,697 | $3,585,128 | ▲ $409,431 |
| Other Assets Total | $0 | $10,000 | ▲ $10,000 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,099,705 | $3,513,459 | ▲ $413,754 |
| Net Assets With Donor Restrictions | $75,992 | $71,669 | ▼ $4,323 |
| Total Net Assets Fund Balance | $3,175,697 | $3,585,128 | ▲ $409,431 |
| Total Liabilities and Net Assets / Fund Balance | $3,175,697 | $3,585,128 | ▲ $409,431 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $197,979 | $558,893 | $756,872 |
| Other Land Buildings | $0 | $7,000 | $7,000 |
| Name | Title |
|---|---|
| Peter D Goldman | President |
| Jerry Metzger | Vice President |
| Aimee Nolan | Director |
| Carol Goldman | Director |
| Jeffrey Goldman | Director |
| Jeffrey Michel | Director |
| John Benish | Director |
| John Palizza | Director |
| Judith Aronson | Director |
| Karen Goldman | Director |
| Michael Nolan | Director |
| Sue Lippe | Director |
| Gerald Thomas | Secretary |
| Grant Crowley | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $180,071 |
| Salaries, Compensation, and Employee Benefits | $88,706 |
| Total Fundraising Expense | $36,955 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | - | $32,185 | $22,983 | $55,168 |
| Depreciation Depletion | $32,402 | - | - | $32,402 |
| Payroll Taxes | - | $14,391 | $10,277 | $24,668 |
| Fees for Services Accounting | - | $20,527 | - | $20,527 |
| Fees for Service Investment Mgmnt Fees | - | $13,517 | - | $13,517 |
| Other Employee Benefits | - | $5,175 | $3,695 | $8,870 |
| Other Expenses | $8,414 | - | - | $8,414 |
| Office Expenses | $696 | $6,266 | - | $6,962 |
| Fees for Services Other | - | $3,682 | - | $3,682 |
| Insurance | $1,907 | - | - | $1,907 |
| Information Technology | - | $1,150 | - | $1,150 |
| Total Functional Expenses | $134,929 | $96,893 | $36,955 | $268,777 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $268,777 |
| Expenses per Audited Statements | $255,260 |
| Total Expenses per Audited Statements | $255,260 |
| Expenses Not Reported on Financial Statements | $13,517 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $70,177 |
| Fundraising Gross Income | $48,300 |
| Gaming Gross Income | $10,450 |
| Gaming Direct Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Gala Event | $400,556 | $48,300 | $9,025 | $39,275 |
| Total Events | $400,556 | $48,300 | $70,177 | $-21,877 |
“The following board members have either a family or business relationship: peter goldman, carol goldman, jeff goldman, & karen goldman - family relationship. Mike nolan & aimee nolan - family relationship. Peter goldman & judy aronson - family relationship.”
“The executive committee reviews the 990 before filing it with the irs. In addition, the committee offers the other non-voting directors the opportunity to review the form 990 at our offices if they so desire.”
“The foundation conflict of interest policy requires each member of the board of directors to fill out a form disclosing any conflicts of interest to the rest of the board. Forms are circulated annually every february and are reviewed by the full board. The board of directors evaluates each conflict on a case by case basis. There have been no conflicts of interest that have arisen to date, so no enforcement has been necessary.”
“All governing documents are available to the public upon requst.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE CLASSROOM AND ON-WATER SAILING INSTRUCTION FOR THE PHYSICALLY DISABLED. |
| IRS990/AllOtherContributionsAmt | 0 | 121876 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | PETER D GOLDMAN |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3126443200 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 623 W LAKE STREET SUITE 150 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60661 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 21165 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 12318 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 352256 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 474132 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 194198 |
| IRS990/CYOtherExpensesAmt | 0 | 180071 |
| IRS990/CYOtherRevenueAmt | 0 | -11427 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 21305 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 409431 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 88706 |
| IRS990/CYTotalExpensesAmt | 0 | 268777 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 36955 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 678208 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 32402 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 32402 |
| IRS990/Desc | 0 | COSTS TO SUPPLEMENT A CHICAGO PARK DISTRICT SAILING PROGRAM FOR THE PHYSICALLY DISABLED. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 75992 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 71669 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 81453 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 20527 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 20527 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 3682 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 3682 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 13517 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 13517 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 12.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PETER D GOLDMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JERRY METZGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GRANT CROWLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GERALD THOMAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JUDITH ARONSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JOHN BENISH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CAROL GOLDMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JEFFREY GOLDMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | KAREN GOLDMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SUE LIPPE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | JEFFREY MICHEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | AIMEE NOLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MICHAEL NOLAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JOHN PALIZZA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1991 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 352256 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 70177 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 48300 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 106034 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 10450 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 873953 |
| IRS990/GrossReceiptsAmt | 0 | 1516304 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1150 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1150 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 1907 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 1907 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 88164 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 88164 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 1878342 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2663113 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 565893 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 230382 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 197979 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 763872 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 767919 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO PROVIDE CLASSROOM AND ON-WATER SAILING INSTRUCTION FOR THE PHYSICALLY DISABLED. THE FOUNDATION IS IN A PARTNERSHIP WITH THE CHICAGO PARK DISTRICT WHEREBY THE FOUNDATION RAISES FUNDS FOR INSTRUCTOR SALARIES, BOATS AND MAINTENANCE COSTS WHILE THE PARK DISTRICT OPERATES THE PROGRAM ON A DAY-TO-DAY BASIS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3175697 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3585128 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 106034 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 106034 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -21877 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -21877 |
| IRS990/NetIncomeFromGamingGrp/ExclusionAmt | 0 | 10450 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 10450 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3099705 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3513459 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6266 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 696 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 6962 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 10000 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 3695 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 5175 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 8870 |
| IRS990/OtherExpensesGrp/Desc | 0 | PARK DISTRICT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | RACING TEAM TRAVEL |
| IRS990/OtherExpensesGrp/Desc | 2 | BOAT STORAGE |
| IRS990/OtherExpensesGrp/Desc | 3 | EQUIP REPAIRS & MAINT |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 41433 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 39324 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 10753 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 8414 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 41433 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 39324 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10753 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 8414 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 22983 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 32185 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 55168 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 10277 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 14391 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 24668 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | PETER D GOLDMAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SAILING INSTRUCTION |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 21305 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 21305 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | REPAIRS AND MAINTENANCE OF BOATS USED IN SAILING PROGRAMS (INCLUDING $32,402 IN DEPRECIATION). |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 53476 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 472353 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 159681 |
| IRS990/PYOtherExpensesAmt | 0 | 252034 |
| IRS990/PYOtherRevenueAmt | 0 | -26035 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 18036 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 372001 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 252034 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 624035 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 409431 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 21305 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1045808 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 701718 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 474132 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 472353 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 388295 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 407405 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263294 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2005479 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 88164 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 40056 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 30147 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24135 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27876 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 210378 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 69173 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.53180 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.49380 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 1207399 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 798080 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 474132 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 472353 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 388295 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 407405 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263294 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2005479 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 2270598 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 26008 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 15981 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 12752 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 54741 |
| 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 |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 197979 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 558893 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 756872 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 13517 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 255260 |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 13517 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 13517 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 7000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7000 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 13517 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 664691 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 197979 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 268777 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 678208 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 664691 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 255260 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 352256 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 352256 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 70177 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 4111 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 4111 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GALA EVENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 400556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 400556 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 48300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 48300 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -21877 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 9025 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 9025 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 57041 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 57041 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOLLOWING BOARD MEMBERS HAVE EITHER A FAMILY OR BUSINESS RELATIONSHIP: PETER GOLDMAN, CAROL GOLDMAN, JEFF GOLDMAN, & KAREN GOLDMAN - FAMILY RELATIONSHIP. MIKE NOLAN & AIMEE NOLAN - FAMILY RELATIONSHIP. PETER GOLDMAN & JUDY ARONSON - FAMILY RELATIONSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE EXECUTIVE COMMITTEE REVIEWS THE 990 BEFORE FILING IT WITH THE IRS. IN ADDITION, THE COMMITTEE OFFERS THE OTHER NON-VOTING DIRECTORS THE OPPORTUNITY TO REVIEW THE FORM 990 AT OUR OFFICES IF THEY SO DESIRE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION CONFLICT OF INTEREST POLICY REQUIRES EACH MEMBER OF THE BOARD OF DIRECTORS TO FILL OUT A FORM DISCLOSING ANY CONFLICTS OF INTEREST TO THE REST OF THE BOARD. FORMS ARE CIRCULATED ANNUALLY EVERY FEBRUARY AND ARE REVIEWED BY THE FULL BOARD. THE BOARD OF DIRECTORS EVALUATES EACH CONFLICT ON A CASE BY CASE BASIS. THERE HAVE BEEN NO CONFLICTS OF INTEREST THAT HAVE ARISEN TO DATE, SO NO ENFORCEMENT HAS BEEN NECESSARY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.