Magic Island Sailing Foundation

990 • Fiscal year 2015 • EIN 45-3206328

Jan 01, 2015 to Dec 31, 2015

Organization Profile N/A

Honolulu, HI

Siviq Scores

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

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-1558%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

No value available

This filing does not contain officer compensation rows.

Source year 2015

-24%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

-97%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets60th percentile

Assets

Down

$74,886

Down $23,226 (-24%) from 2014

Net Assets

Down

$74,433

Down $23,679 (-24%) from 2014

Liabilities

$453

Up $453 from 2014

Revenue And Expenses

Liabilities / Revenue89th percentile Net Margin1st percentile

Revenue

Down

$1,520

Down $50,011 (-97%) from 2014

Expenses

$25,199

Up $3,043 (+14%) from 2014

Net Income

Down

-$23,679

Down $53,054 (-181%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

Highlighted filing

2015

Assets$74,886

Liabilities$453

Net Assets$74,433

Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

Highlighted filing

2015

Revenue$1,520

Expenses$25,199

Net Income-$23,679

Open 2015 Filing

Filing Detail Status

This 2015 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015

Mission and Program Overview

Mission

To provide sailing lessons to underprivileged children

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $74,886
Liabilities: $453
Net assets: $74,433
Revenue: $1,520
Expenses: $25,199
Net income: -$23,679

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$26.0	$0.00	$26.0	$0.01	$0.11	$0.11
2023Detailed filing. Detailed filing data is available for this year.	$26.2	$0.00	$26.2	$1.60	$1.34	$0.26
2022Detailed filing. Detailed filing data is available for this year.	$25.9	$0.00	$25.9	$0.00	$2.68	$2.68
2021Detailed filing. Detailed filing data is available for this year.	$28.6	$0.00	$28.6	$0.00	$0.18	$0.18
2020Detailed filing. Detailed filing data is available for this year.	$28.7	$0.00	$28.7	$0.00	$1.93	$1.93
2019Detailed filing. Detailed filing data is available for this year.	$30.7	$0.00	$30.7	$0.00	$8.42	$8.42
2017Detailed filing. Detailed filing data is available for this year.	$56.5	$0.08	$56.4	$9.27	$19.5	$10.2
2016Summary only. Only limited summary data is available for this year.	$66.7	$0.08		$3.48	$11.3	$7.84
2015Summary only. Only limited summary data is available for this year.	$74.9	$0.45	$74.4	$1.52	$25.2	$23.7
2014Summary only. Only limited summary data is available for this year.	$98.1	$0.00	$98.1	$51.5	$22.2	$29.4
2013Summary only. Only limited summary data is available for this year.	$68.7	$0.00	$68.7	$50.5	$8.03	$42.5
2012Summary only. Only limited summary data is available for this year.	$26.3	$0.00		$27.2	$0.97	$26.3