Magic Island Sailing Foundation

990EZ • Fiscal year 2016 • EIN 45-3206328

Jan 01, 2016 to Dec 31, 2016

Organization Profile N/A

Honolulu, HI

Siviq Scores

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

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

-226%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

No value available

This filing does not contain officer compensation rows.

Source year 2016

-11%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

129%

Faster revenue growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$66,666

Down $8,220 (-11%) from 2015

Net Assets

No earlier filing loaded for comparison.

Liabilities

Down

$75

Down $378 (-83%) from 2015

Revenue And Expenses

Liabilities / Revenue69th percentile Net Margin3rd percentile

Revenue

$3,476

Up $1,956 (+129%) from 2015

Expenses

Down

$11,318

Down $13,881 (-55%) from 2015

Net Income

-$7,842

Up $15,837 (+67%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

Highlighted filing

2016

Assets$66,666

Liabilities$75

Net Assets-

Open 2016 Filing

Operations Trend

Revenue Growth94th percentile

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

Highlighted filing

2016

Revenue$3,476

Expenses$11,318

Net Income-$7,842

Open 2016 Filing

Filing Detail Status

This 2016 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, 2016 to Dec 31, 2016

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

2016 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing

Assets: $66,666
Liabilities: $75
Net assets: -
Revenue: $3,476
Expenses: $11,318
Net income: -$7,842

	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