Liabilities / Assets
68th percentile
Higher debt load relative to assets than 68% of similar nonprofits.
International Lightning Class
990EZ • Fiscal year 2019 • EIN 38-1230427
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
15th percentile
Higher net margin than 15% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 45.9% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
45th percentile
Faster revenue growth than 45% of similar nonprofits.
Balance Sheet
Assets
Down$322,633
Down $30,071 (-8.5%) from 2018
Net Assets
Down$315,522
Down $18,085 (-5.4%) from 2018
Liabilities
Down$7,111
Down $11,986 (-63%) from 2018
Revenue And Expenses
Revenue
Down$82,820
Down $1,705 (-2.0%) from 2018
Expenses
Up$100,905
Up $7,090 (+7.6%) from 2018
Net Income
Down-$18,085
Down $8,795 (-95%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 31, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $82,820
Mission and Program Overview
Mission
Promote the sport of sailing
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Significant equipment upgrades to Boat Grant Program Equipment including new sails | - | $24,490 |
| Supported 15, under 30 teams to the North American Championships to keep the membership active with younger members. | - | $19,665 |
| Refurbihsed 41 year old Youth Championship Trophy and other regalia to continue our promotion of historical significance to our youth members | - | $3,340 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Laura Jeffers | Executive Secretary | FT | $38,000 | - | $38,000 |
| Todd Wake | President | PT | $0 | - | - |
| William Bogardus | Secretary | - | $0 | - | - |
| Hugh Hutchison | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- International Lightning Class Assoc
- EIN
- 38-1230427
- Address
- 1528 BIG BASS DRIVE, Tarpon Springs, FL 34689
Signing Officer
- Name
- Laura Jeffers
- Title
- Secretary
- Phone
- 7279427969
- Signed
- 2020-05-31
- Discuss with paid preparer
- No
Preparer
- Firm
- Well Balanced Accounting Inc
- Address
- 1805 S Bellaire St 365, Denver, CO 80222
- Preparer
- Mary Jo Houser
- Phone
- 3036928363
Supplemental Narrative
Additional Explanations
List of grants and similar amounts paid Part I line 10
“Activity Limbaugh Fund Amount 4,050Activity ILCA Fund Amount 6,108Activity History Fund Amount 120Activity Boat Grant Program Amount 20,690”
Description of other expenses Part I line 16
“Description AmountTRAVEL 2,207BANK & CREDIT CARD PROCESSING FEES 3,248OFFICE SUPPLIES 724DUES 913AWARDS 924PROMOTIONS/ADVERTISING 1,099COMPUTER SUPPLIES 559REGATTA EXPENSES/REVITALIZATION 4,785INSURANCE 2,775DEPRECIATION EXPENSE 3,663”
Description of other assets Part II line 24
“Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 25,588 21,925”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearPREPAID FEES 19,097 7,111”
Raw XML Appendix174 raw XML fields
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 | 327116 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 300708 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10595 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -18085 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 44586 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 352704 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 322633 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 30968 |
| IRS990EZ/GrossReceiptsAmt | 0 | 82820 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3628 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 45800 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 333607 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 315522 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 333607 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 315522 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3379 |
| 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 | William Bogardus |
| 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 | 25588 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 21925 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20897 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE THE SPORT OF SAILING |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1075 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 22797 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Significant equipment upgrades to Boat Grant Program Equipment including new sails |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Refurbihsed 41 year old Youth Championship Trophy and other regalia to continue our promotion of historical significance to our youth members |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Supported 15, under 30 teams to the North American Championships to keep the membership active with younger members. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 24490 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 3340 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 19665 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 19097 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 7111 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 100905 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 47495 |
| IRS990EZ/TotalRevenueAmt | 0 | 82820 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LIGHTNINGCLASS.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 56395 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 61128 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 71846 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 70079 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 71101 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 330549 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 22797 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 21335 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 33794 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 29283 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 38951 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 146160 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 3628 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2062 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 895 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 837 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4244 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 11666 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97610 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97990 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 476709 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 79192 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 82463 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 105640 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 99362 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 110052 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 476709 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 82820 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 84525 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 106535 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 100199 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 114296 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 488375 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Limbaugh Fund Amount 4,050Activity ILCA Fund Amount 6,108Activity History Fund Amount 120Activity Boat Grant Program Amount 20,690 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountTRAVEL 2,207BANK & CREDIT CARD PROCESSING FEES 3,248OFFICE SUPPLIES 724DUES 913AWARDS 924PROMOTIONS/ADVERTISING 1,099COMPUTER SUPPLIES 559REGATTA EXPENSES/REVITALIZATION 4,785INSURANCE 2,775DEPRECIATION EXPENSE 3,663 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearBOATS (NET OF DEPRECIATION) 25,588 21,925 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearPREPAID FEES 19,097 7,111 |
| 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 | 2020-11-19 02:30:22Z |
| 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 | 2020-05-31 |
| 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 | 0339C6FE0474AC5A97F8533FB9CAAC9D944EB38C |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 0339C6FE0474AC5A97F8533FB9CAAC9D944EB38C |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 8495442020161e1kufkc |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2020-06-09 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 71.196.210.135 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-06-09 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:06:53 |
| 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 | 2020-06-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Mary Jo Houser |
| ReturnHeader/ReturnTs | 0 | 2020-06-09T18:05:04-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $322,633
- Liabilities
- $7,111
- Net assets
- $315,522
- Revenue
- $82,820
- Expenses
- $100,905
- Net income
- -$18,085