Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
990 • Fiscal year 2014 • EIN 41-1986402
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 17.6% of source-year revenue.
Asset Growth
43rd percentile
Faster asset growth than 43% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Up$2,536,294
Up $8,692 (+0.3%) from 2013
Net Assets
Down$1,924,578
Down $5,745 (-0.3%) from 2013
Liabilities
Up$611,716
Up $14,437 (+2.4%) from 2013
Revenue
Down$435,148
Down $105,842 (-20%) from 2013
Expenses
Down$440,893
Down $23,972 (-5.2%) from 2013
Net Income
Down-$5,745
Down $81,870 (-108%) from 2013
The mission of the wayzata sailing foundation is to increase the education of, understanding of, and appreciation of sailing both in competitive racing and recreational cruising. The foundation undertakes fundraising to:support public sailing clinics for students in the local community. Promote community youth sailing by providing boats, accessories and instruction in affordable classes for students who otherwise would not have such an opportunity. Support other non-profit and 501(c)3 organizations that introduce and further the enjoyment of sailing and sailboat racing for youth through education. Underwrite training, education and competition for non-profit youth sailing teams. The wayzata sailing foundation does not and will not discriminate in any manner with respect to race, creed, national or cultural origin, gender, or sexual preference.
The wayzata sailing foundation's purpose is to promote sailing for everyone by providing access, facilities, and sailing instructions to people of all backgrounds and skill levels.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,224,767 | $2,249,302 | ▲ $24,535 |
| Rtn Earn Endowment Incm Other Fnds | $1,930,323 | $1,924,578 | ▼ $5,745 |
| Savings and Temporary Cash Investments | $116,153 | $125,107 | ▲ $8,954 |
| Investments in Publicly Traded Securities | $116,732 | $117,168 | ▲ $436 |
| Pledges and Grants Receivable | $69,540 | $33,270 | ▼ $36,270 |
| Accounts Receivable | $410 | $11,447 | ▲ $11,037 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $2,527,602 | $2,536,294 | ▲ $8,692 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $546,489 | $550,463 | ▲ $3,974 |
| Unsecured Notes Loans Payable | $40,967 | $46,131 | ▲ $5,164 |
| Accounts Payable and Accrued Expenses | $9,823 | $14,062 | ▲ $4,239 |
| Other Liabilities | $0 | $1,060 | ▲ $1,060 |
| Total Liabilities | $597,279 | $611,716 | ▲ $14,437 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,930,323 | $1,924,578 | ▼ $5,745 |
| Total Liabilities and Net Assets / Fund Balance | $2,527,602 | $2,536,294 | ▲ $8,692 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $212,502 | $46,026 | - |
| Land | $1,861,167 | - | - |
| Equipment | $175,633 | $302,130 | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2014 | $115,616 | - | ▲ $1,099 | - | $110,864 |
| 2013 | $106,394 | - | ▲ $13,775 | - | $115,616 |
| 2012 | $111,929 | - | ▼ $146 | - | $106,394 |
| 2011 | $107,571 | - | ▲ $9,923 | - | $111,929 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Holland Capper | Executive Director | FT | $76,500 | $76,500 |
| Name | Title |
|---|---|
| Howard Noreen | President |
| Lee Virnig | Vice President |
| Ed Towey | Director |
| Ernest Brody | Director |
| John Olson | Director |
| Patricia Hicks | Director |
| Patrick Maloney | Director |
| Rob Hunt | Director |
| Ross Siemers | Director |
| Tony Straszewski | Director |
| Robb Harriss | Secretary |
| James Beltz | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $210,386 |
| Salaries, Compensation, and Employee Benefits | $208,948 |
| Total Fundraising Expense | $27,195 |
| Professional Fundraising Fees | $16,000 |
| Grants and Similar Amounts Paid | $5,559 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $152,652 | $34,919 | $6,445 | $194,016 |
| Depreciation Depletion | $37,012 | $8,467 | $1,563 | $47,042 |
| Interest | $28,120 | $7,619 | - | $35,739 |
| Insurance | $17,790 | $3,784 | $699 | $22,273 |
| Fees for Services Professional Fundraising | - | - | $16,000 | $16,000 |
| Payroll Taxes | $11,749 | $2,687 | $496 | $14,932 |
| Advertising | $8,375 | $1,595 | $599 | $10,569 |
| Office Expenses | $1,816 | $8,024 | $113 | $9,953 |
| All Other Expenses | $6,675 | $1,594 | - | $8,269 |
| Travel | $7,575 | - | - | $7,575 |
| Fees for Services Accounting | - | $7,195 | - | $7,195 |
| Other Expenses | $6,567 | $6,935 | $1,280 | $6,567 |
| Grants to Domestic Individuals | $5,559 | - | - | $5,559 |
| Total Functional Expenses | $330,879 | $82,819 | $27,195 | $440,893 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $35,466 |
| Professional Fundraising Fees | $16,000 |
| Fundraising Direct Expenses | $10,539 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Capital Campaign | $54,340 | - | $2,167 | - |
| Annual Appeal | $21,188 | - | $1,770 | - |
| Total Events | $120,815 | $35,466 | $9,538 | $25,928 |
| Liability | Amount |
|---|---|
| Boat Damage Deposits | $1,060 |
“The organization's membership consists of all dues paying members in good standing.”
“The members of wayzata sailing foundation elects all members of the board of directors.”
“Form 990 is reviewed and signed by the treasurer.”
“The organization monitors and enforces the conflict of interest policy through regular inquiries made by the board of directors.”
“Compensation of key employees is made by the board of directors.”
“Bylaws, code of ethics, diversity statement, conflicts of interest and financial statements are available by request only.”
“Dba: wayzata community sailing center dba: wayzata sailing school”
“To help defray costs related to college races and provide sailing scholarships to individuals.”
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/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 9823 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 14062 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 410 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11447 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS, FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 599 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1595 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 8375 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 10569 |
| IRS990/AllOtherContributionsAmt | 0 | 59073 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1594 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 6675 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 8269 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KATHY MEISTER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9524765875 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 456 ARLINGTON CIRCLE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WAYZATA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55391 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 85349 |
| IRS990/CostOfGoodsSoldAmt | 0 | 1463 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 144422 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 5559 |
| IRS990/CYInvestmentIncomeAmt | 0 | 18941 |
| IRS990/CYOtherExpensesAmt | 0 | 210386 |
| IRS990/CYOtherRevenueAmt | 0 | 33620 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 238165 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -5745 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 208948 |
| IRS990/CYTotalExpensesAmt | 0 | 440893 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 27195 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 16000 |
| IRS990/CYTotalRevenueAmt | 0 | 435148 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 1563 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 8467 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 37012 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 47042 |
| IRS990/Desc | 0 | SUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16. THE CAMPS ALLOW CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS, AS WELL AS PROMOTE FUN, SAFETY, AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED A SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THOUGHOUT THE SUMMER. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | WAYZATA COMMUNITY SAILING CENTER |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 20 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 290625 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 7195 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 7195 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 16000 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 16000 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form1098CFiledInd | 0 | 1 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.00 |
| 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/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/PersonNm | 0 | JOHN OLSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JAMES BELTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBB HARRISS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | PATRICK MALONEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TONY STRASZEWSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | HOWARD NOREEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | ERNEST BRODY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | ED TOWEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | LEE VIRNIG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | PATRICIA HICKS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ROSS SIEMERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ROB HUNT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | HOLLAND CAPPER |
| 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 | 76500 |
| 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/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2000 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 85349 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 10539 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 35466 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 12550 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -28 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 12 |
| IRS990/GrantAmt | 0 | 5559 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 5559 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 5559 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 12550 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 12899 |
| IRS990/GrossReceiptsAmt | 0 | 460077 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 2106 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 12 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 699 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3784 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 17790 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 22273 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 7619 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 28120 |
| IRS990/InterestGrp/TotalAmt | 0 | 35739 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6419 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6419 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 116732 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 117168 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 348156 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 2224767 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2249302 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 2597458 |
| IRS990/LegalDomicileStateCd | 0 | MN |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 0 |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 12927 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF THE WAYZATA SAILING FOUNDATION IS TO INCREASE THE EDUCATION OF, UNDERSTANDING OF, AND APPRECIATION OF SAILING BOTH IN COMPETITIVE RACING AND RECREATIONAL CRUISING. THE FOUNDATION UNDERTAKES FUNDRAISING TO:SUPPORT PUBLIC SAILING CLINICS FOR STUDENTS IN THE LOCAL COMMUNITY. PROMOTE COMMUNITY YOUTH SAILING BY PROVIDING BOATS, ACCESSORIES AND INSTRUCTION IN AFFORDABLE CLASSES FOR STUDENTS WHO OTHERWISE WOULD NOT HAVE SUCH AN OPPORTUNITY. SUPPORT OTHER NON-PROFIT AND 501(C)3 ORGANIZATIONS THAT INTRODUCE AND FURTHER THE ENJOYMENT OF SAILING AND SAILBOAT RACING FOR YOUTH THROUGH EDUCATION. UNDERWRITE TRAINING, EDUCATION AND COMPETITION FOR NON-PROFIT YOUTH SAILING TEAMS. THE WAYZATA SAILING FOUNDATION DOES NOT AND WILL NOT DISCRIMINATE IN ANY MANNER WITH RESPECT TO RACE, CREED, NATIONAL OR CULTURAL ORIGIN, GENDER, OR SEXUAL PREFERENCE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 546489 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 550463 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1930323 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1924578 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 12522 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 12522 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 24927 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 24927 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 643 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 643 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 113 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 8024 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1816 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9953 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROPERTY TAX |
| IRS990/OtherExpensesGrp/Desc | 1 | REGATTAS & CLINICS |
| IRS990/OtherExpensesGrp/Desc | 2 | BOAT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 3 | UTILITIES |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 1280 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6935 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 14680 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 16584 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 15725 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 6567 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 22895 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 16584 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 15725 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6567 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1060 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | SLIPS & MOORING |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 8050 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 8050 |
| IRS990/OtherRevenueTotalAmt | 0 | 8050 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 6445 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 34919 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 152652 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 194016 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 496 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2687 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11749 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 14932 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 69540 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 33270 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | HOWARD NOREEN |
| IRS990/ProfessionalFundraisingInd | 0 | 1 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 713990 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION AND FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | REGATTAS & CLINICS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 216261 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 21904 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 216261 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 21904 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ORGANZIATION HOSTED VARIOUS ACTIVITIES THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 40254 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 29954 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 248922 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 6850 |
| IRS990/PYInvestmentIncomeAmt | 0 | 12665 |
| IRS990/PYOtherExpensesAmt | 0 | 226481 |
| IRS990/PYOtherRevenueAmt | 0 | 37959 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 241444 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 76125 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 205534 |
| IRS990/PYTotalExpensesAmt | 0 | 464865 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 26000 |
| IRS990/PYTotalRevenueAmt | 0 | 540990 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -5745 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 216261 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 1930323 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 1924578 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 116153 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 125107 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 250000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 350000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 143881 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 248922 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 536344 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 88444 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 83747 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1101338 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 6419 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 6229 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5083 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 4931 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5167 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 27829 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 282222 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 283008 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 256120 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 239312 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 214091 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 1274753 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 6419 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 6229 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5083 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 4931 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 5167 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 27829 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01160 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00960 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.84280 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.83410 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2026091 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 250000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 350000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 426103 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 531930 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 792464 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 327756 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 297838 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2376091 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 432522 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 538159 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 797547 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 332687 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 303005 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2403920 |
| 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/BuildingsGrp/BookValueAmt | 0 | 212502 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 46026 |
| IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt | 0 | 258528 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 115616 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2014 • Form 990Detailed filing. Detailed filing data is available for this year.