Civic Intelligence

Magic Island Sailing Foundation

990PF • Fiscal year 2020 • EIN 45-3206328

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

1778 Ala Moana Blvd 3819-20Honolulu, HI 96815

(888) 942-2594

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-6.3%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

Down

$28,748

Down $1,925 (-6.3%) from 2019

Net Assets

Down

$28,748

Down $1,925 (-6.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Flat

$0

Flat from 2019

Expenses

Down

$1,925

Down $6,491 (-77%) from 2019

Net Income

Up

-$1,925

Up $6,491 (+77%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2012: $26,267Liabilities 2012: $02012Assets 2013: $68,737Liabilities 2013: $0Net Assets 2013: $68,7372013Assets 2014: $98,112Liabilities 2014: $0Net Assets 2014: $98,1122014Assets 2015: $74,886Liabilities 2015: $453Net Assets 2015: $74,4332015Assets 2016: $66,666Liabilities 2016: $752016Assets 2017: $56,451Liabilities 2017: $75Net Assets 2017: $56,3762017Assets 2019: $30,673Liabilities 2019: $0Net Assets 2019: $30,6732019Assets 2020: $28,748Liabilities 2020: $0Net Assets 2020: $28,7482020Assets 2021: $28,573Liabilities 2021: $0Net Assets 2021: $28,5732021Assets 2022: $25,889Liabilities 2022: $0Net Assets 2022: $25,8892022Assets 2023: $26,153Liabilities 2023: $0Net Assets 2023: $26,1532023Assets 2024: $26,047Liabilities 2024: $0Net Assets 2024: $26,0472024

Highlighted filing

2020

Assets$28,748
Liabilities$0
Net Assets$28,748

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20K-$40KRevenue 2012: $27,241Expenses 2012: $974Net Income 2012: $26,2672012Revenue 2013: $50,500Expenses 2013: $8,030Net Income 2013: $42,4702013Revenue 2014: $51,531Expenses 2014: $22,156Net Income 2014: $29,3752014Revenue 2015: $1,520Expenses 2015: $25,199Net Income 2015: -$23,6792015Revenue 2016: $3,476Expenses 2016: $11,318Net Income 2016: -$7,8422016Revenue 2017: $9,269Expenses 2017: $19,484Net Income 2017: -$10,2152017Revenue 2019: $0Expenses 2019: $8,416Net Income 2019: -$8,4162019Revenue 2020: $0Expenses 2020: $1,925Net Income 2020: -$1,9252020Revenue 2021: $0Expenses 2021: $175Net Income 2021: -$1752021Revenue 2022: $0Expenses 2022: $2,684Net Income 2022: -$2,6842022Revenue 2023: $1,599Expenses 2023: $1,335Net Income 2023: $2642023Revenue 2024: $6Expenses 2024: $112Net Income 2024: -$1062024

Highlighted filing

2020

Revenue$0
Expenses$1,925
Net Income-$1,925
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Mission and Program Overview

Mission

To provide sailing lessons to underprivileged children

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN STUART TAYLORPresident-$0--
LILLIAN RUSSELLSecretary/Treasurer-$0--
DON FARLEYDirector-$0--
ROBERT TAYLORDirector-$0--
TANYA TAYLORDirector-$0--
Filing and Contact Details

Filer

Filer Name
Magic Island Sailing Foundation
EIN
45-3206328
Phone
8889422594
Address
1778 ALA MOANA BLVD 3819-20, HONOLULU, HI 96815

Signing Officer

Name
John Stuart Taylor
Title
President
Phone
8889422594
Signed
2021-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Schultz & Chez Llp
Address
141 WEST JACKSON BLVD SUITE 2900, CHICAGO, IL 60604
Preparer
Richard Kamo
Phone
3123321912
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt01700
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd00
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd00
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd00
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IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd00
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IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd00
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IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd00
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd00
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd00
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd00
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IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd00
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd00
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd00
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd01
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd00
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd060604
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IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt01435
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt01435
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt06469
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt014658
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt021392
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt0265
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt06469
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt014658
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt01700
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt0265
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt021392
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt021127
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
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LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt0711
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1489
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt21260
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt31151
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt42387
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt52700
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt62700
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt74000
LandEtcSchedule2/LandEtcGrp/BookValueAmt00
LandEtcSchedule2/LandEtcGrp/BookValueAmt111
LandEtcSchedule2/LandEtcGrp/BookValueAmt229
LandEtcSchedule2/LandEtcGrp/BookValueAmt3149
LandEtcSchedule2/LandEtcGrp/BookValueAmt4413
LandEtcSchedule2/LandEtcGrp/BookValueAmt50
LandEtcSchedule2/LandEtcGrp/BookValueAmt60
LandEtcSchedule2/LandEtcGrp/BookValueAmt70
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LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt4SAILBOAT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt5SAILBOAT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt6SAILBOAT
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt7SAILBOAT
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt0711
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1500
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt21289
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt31300
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt42800
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt52700
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt62700
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt74000
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0MISCELLANEOUS EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1SAILING LESSONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt03
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1322
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt03
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1322
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN STUART TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08889422594
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGIC ISLAND SAILING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0453206328
ReturnHeader/Filer/PhoneNum08889422594
ReturnHeader/Filer/USAddress/AddressLine1Txt01778 ALA MOANA BLVD 3819-20
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096815
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364199464
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHULTZ & CHEZ LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0141 WEST JACKSON BLVD SUITE 2900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060604
ReturnHeader/PreparerPersonGrp/PhoneNum03123321912
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD KAMO
ReturnHeader/ReturnTs02021-05-14T14:58:07-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STUART TAYLOR
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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