Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
990EZ • Fiscal year 2016 • EIN 38-1230427
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
60th percentile
Higher debt load relative to assets than 60% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
53rd percentile
Higher net margin than 53% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Down$357,403
Down $28,078 (-7.3%) from 2015
Net Assets
Up$355,500
Up $4,417 (+1.3%) from 2015
Liabilities
Down$1,903
Down $32,495 (-94%) from 2015
Revenue
Down$100,199
Down $14,097 (-12%) from 2015
Expenses
Down$95,782
Down $8,732 (-8.4%) from 2015
Net Income
Down$4,417
Down $5,365 (-55%) from 2015
Promote the sport of sailing
| Description | Grants | Expenses |
|---|---|---|
| Two major newsletters were published in 2016 outlining history heritage and activities of the fleet | - | $34,936 |
| 10th YEAR OF BOAT GRANT PROGRAM THIS PROGRAM TAKES ACTIVE STEPS TO GIVE YOUTH A LEG UP BY PROVIDING FULLY RIGGED INSURED AND COMPETIVE BOATS FOR TEAMS FOR THE SAILING SEASON | - | $15,507 |
| LIGHTNING LAB CLINICS TO IMPROVE SKILLS FOR LIGHTING SAILORS OF ALL ABILITIES | - | $6,626 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Victor Lobos | President | PT | $0 | - | - |
| Todd Wake | Secretary | - | $0 | - | - |
| Hugh Hutchison | Treasurer | - | $0 | - | - |
| Laura Jeffers | Executive Secretary | FT | $0 | - | - |
“Amount 18,337”
“Description AmountTRAVEL 1,576BANK & CREDIT CARD PROCESSING FEES 2,343OFFICE SUPPLIES 2,568DUES 932AWARDS 605PROMOTIONS/ADVERTISING 1,068REGATTA EXPENSES/REVITALIZATION 4,366INSURANCE 2,937DEPRECIATION EXPENSE 4,525”
“Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 82,488 37,888”
“Category Beginning of Year End of YearPREPAID FEES 2,098 1,903DEFERRED REVENUE 32,300 0”
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 | LAURA JEFFERS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7279427969 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1528 BIG BASS DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Tarpon Springs |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 34689 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 302993 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 319515 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 21649 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 4417 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 45833 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 385481 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 357403 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 18337 |
| IRS990EZ/GrossReceiptsAmt | 0 | 100199 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 837 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 48430 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 351083 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 355500 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 351083 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 355500 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2847 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Victor Lobos |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Todd Wake |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Hugh Hutchison |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Laura Jeffers |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | EXECUTIVE SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 82488 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 37888 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20920 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE THE SPORT OF SAILING |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 7845 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 29283 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Two major newsletters were published in 2016 outlining history heritage and activities of the fleet |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | 10th YEAR OF BOAT GRANT PROGRAM THIS PROGRAM TAKES ACTIVE STEPS TO GIVE YOUTH A LEG UP BY PROVIDING FULLY RIGGED INSURED AND COMPETIVE BOATS FOR TEAMS FOR THE SAILING SEASON |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | LIGHTNING LAB CLINICS TO IMPROVE SKILLS FOR LIGHTING SAILORS OF ALL ABILITIES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 34936 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 15507 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 6626 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 34398 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1903 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 95782 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 57069 |
| IRS990EZ/TotalRevenueAmt | 0 | 100199 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LIGHTNINGCLASS.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 70079 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 71101 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 131108 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 103259 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 57770 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 433317 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 29283 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 38951 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 43569 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 38580 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 31750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 182133 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 837 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4244 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3724 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3906 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2844 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 15555 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97530 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97360 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 615450 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 99362 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 110052 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 174677 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 141839 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 89520 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 615450 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 100199 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 114296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 178401 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 145745 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 92364 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 631005 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Amount 18,337 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountTRAVEL 1,576BANK & CREDIT CARD PROCESSING FEES 2,343OFFICE SUPPLIES 2,568DUES 932AWARDS 605PROMOTIONS/ADVERTISING 1,068REGATTA EXPENSES/REVITALIZATION 4,366INSURANCE 2,937DEPRECIATION EXPENSE 4,525 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 82,488 37,888 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearPREPAID FEES 2,098 1,903DEFERRED REVENUE 32,300 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Laura Jeffers |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7279427969 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | INTERNATIONAL LIGHTNING CLASS ASSOC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | INTE |
| ReturnHeader/Filer/EIN | 0 | 381230427 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1528 BIG BASS DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Tarpon Springs |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 34689 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | E15931494E6599CB785B52724B010A7CCBAC0D94 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | E15931494E6599CB785B52724B010A7CCBAC0D94 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 8495442017318iqnmfpx |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2017-11-14 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.205.186.248 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-11-14 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:38:06 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 841217456 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Well Balanced Accounting Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2755 S Locust St Ste 216 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Denver |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 80222 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3036928363 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mary Jo Houser |
| ReturnHeader/ReturnTs | 0 | 2017-11-14T11:33:47-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.