Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
990EZ • Fiscal year 2018 • EIN 38-1230427
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
23rd percentile
Higher net margin than 23% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 45.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Assets
Up$352,704
Up $2,328 (+0.7%) from 2017
Net Assets
Down$333,607
Down $9,290 (-2.7%) from 2017
Liabilities
Up$19,097
Up $11,618 (+155%) from 2017
Revenue
Down$84,525
Down $18,546 (-18%) from 2017
Expenses
Down$93,815
Down $21,859 (-19%) from 2017
Net Income
Up-$9,290
Up $3,313 (+26%) from 2017
Promote the sport of sailing
| Description | Grants | Expenses |
|---|---|---|
| As a result of changing website platforms the Class incurred a major expense to bring over old content from the previous webiste to the new website | - | $27,116 |
| Organized and fostered fleet mentorship by sending class volunteers to coach at clinics for Youth World Championships | - | $17,383 |
| The Class spent funds to increse video marketing efforts Videos were made for Womens Junior and Masters North American Championships | - | $5,646 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Laura Jeffers | Executive Secretary | FT | $38,000 | - | $38,000 |
| Todd Wake | President | PT | $0 | - | - |
| Philip Lange | Secretary | - | $0 | - | - |
| Hugh Hutchison | Treasurer | - | $0 | - | - |
“Activity Limbaugh Fund Amount 1,926Activity ILCA Fund Amount 5,444Activity History Fund Amount 205Activity Boat Grant Program Amount 6,793”
“Description AmountTRAVEL 2,064BANK & CREDIT CARD PROCESSING FEES 2,521OFFICE SUPPLIES 811DUES 812AWARDS 1,010PROMOTIONS/ADVERTISING 826REGATTA EXPENSES/REVITALIZATION 5,574INSURANCE 2,228DEPRECIATION EXPENSE 3,663”
“Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 29,250 25,588”
“Category Beginning of Year End of YearPREPAID FEES 7,479 19,097”
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 | 321126 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 327116 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 11708 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9290 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 54807 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 350376 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 352704 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 14368 |
| IRS990EZ/GrossReceiptsAmt | 0 | 84525 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2062 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 49420 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 342897 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 333607 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 342897 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 333607 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3731 |
| 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 | 38000 |
| 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 | Todd Wake |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Philip Lange |
| 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 | 29250 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 25588 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19509 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE THE SPORT OF SAILING |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1400 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 21335 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Organized and fostered fleet mentorship by sending class volunteers to coach at clinics for Youth World Championships |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | The Class spent funds to increse video marketing efforts Videos were made for Womens Junior and Masters North American Championships |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | As a result of changing website platforms the Class incurred a major expense to bring over old content from the previous webiste to the new website |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17383 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 5646 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 27116 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7479 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 19097 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 93815 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 50145 |
| IRS990EZ/TotalRevenueAmt | 0 | 84525 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LIGHTNINGCLASS.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 61128 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 71846 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 70079 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 71101 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 131108 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 405262 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 21335 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 33794 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 29283 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 38951 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 43569 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 166932 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 2062 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 895 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 837 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4244 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3724 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 11762 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97990 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97890 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 572194 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 82463 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 105640 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 99362 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 110052 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 174677 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 572194 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 84525 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 106535 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 100199 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 114296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 178401 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 583956 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Limbaugh Fund Amount 1,926Activity ILCA Fund Amount 5,444Activity History Fund Amount 205Activity Boat Grant Program Amount 6,793 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountTRAVEL 2,064BANK & CREDIT CARD PROCESSING FEES 2,521OFFICE SUPPLIES 811DUES 812AWARDS 1,010PROMOTIONS/ADVERTISING 826REGATTA EXPENSES/REVITALIZATION 5,574INSURANCE 2,228DEPRECIATION EXPENSE 3,663 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 29,250 25,588 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearPREPAID FEES 7,479 19,097 |
| 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 | 2020-03-31 21:24:44Z |
| 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 | 2019-11-10 |
| 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 | DA54A31B2A3DD80C0377BAF016C57A3B5132908C |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | DA54A31B2A3DD80C0377BAF016C57A3B5132908C |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 8495442019318l5xswuf |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2019-11-14 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.196.210.135 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-14 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:55:09 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 841217456 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Well Balanced Accounting Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1805 S Bellaire St 365 |
| 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 | 2019-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mary Jo Houser |
| ReturnHeader/ReturnTs | 0 | 2019-11-14T15:51:38-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.