Gulf Coast Sailing Foundation

EIN 45-4531055 • 501(c)3 • Gulfport, MS

Profile

To provide for the training in the techniques of racing small sailboats in national and international competition and to provide practice racing sessions, classroom lectures, seminars and panel discussions through with trainees may be schooled in competitive helmsmanship, sail handling and racing tactics.

PO Box 600Gulfport, MS 39502

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

-94%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

-13%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

-15%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets59th percentile

Assets

Down

$60,879

Down $9,244 (-13%) from 2023

Liabilities

Flat

Flat from 2023

Net Assets

Down

$60,879

Down $9,244 (-13%) from 2023

Operations

Liabilities / Revenue61st percentile Net Margin10th percentile

Revenue

Down

$9,822

Down $1,796 (-15%) from 2023

Expenses

Down

$19,066

Down $14,115 (-43%) from 2023

Net Income

-$9,244

Up $12,319 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$60,879

Liabilities$0

Net Assets$60,879

Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$9,822

Expenses$19,066

Net Income-$9,244

Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing

Assets: $60,879
Liabilities: $0
Net assets: $60,879
Revenue: $9,822
Expenses: $19,066
Net income: -$9,244

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.61	$0.00	$0.61	$0.10	$0.19	$0.09
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.70	$0.00	$0.70	$0.12	$0.33	$0.22
2022Detailed filing. Detailed filing data is available for this year.	$0.92	$0.00	$0.92	$0.27	$0.32	$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.97	$0.00	$0.97	$0.25	$0.28	$0.03
2020Detailed filing. Detailed filing data is available for this year.	$1.00	$0.00	$1.00	$0.03	$0.18	$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.15	$0.00	$1.15	$0.01	$0.16	$0.15
2018Detailed filing. Detailed filing data is available for this year.	$1.10	$0.00	$1.10	$1.18	$0.09	$1.09

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Nov 14, 2023
Return Version: 2022v5.0
Gross Receipts: $26,970

Mission and Program Overview

Mission

Program Services

Description	Grants	Expenses
SUPPORT OF SAILING COMPETITIONS AND TRAINING.	$0	$0

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
STEVE NOLTE	President	-	$0	-	-
JOHN DANE III	Vice President	-	$0	-	-
MONICA HEWES	Treasurer	-	$0	-	-
COURTNEY COLLIER	Secretary	-	$0	-	-
SUE ROKAW	Board Member	-	$0	-	-
TINA MARTIN	Board Member	-	$0	-	-
CALEB ULKU	Board Member	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Gulf Coast Sailing Foundation
EIN: 45-4531055
Phone: 2288636796
Address: PO BOX 600, GULFPORT, MS 39502

Signing Officer

Name: Steve Nolte
Title: President
Phone: 5042891678
Signed: 2023-11-14
Discuss with paid preparer: Yes

Preparer

Firm: Wright Ward Hatten & Guel Cpas
Address: PO BOX 129, GULFPORT, MS 39502
Preparer: Michael E Guel CPA
Phone: 2288636501

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 19,148.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: supplies. Amount: 1,708. Description: bank charges. Amount: 9. Description: licenses and registrations. Amount: 1,756. Description: entry fees. Amount: 2,775. Description: travel and subsistence. Amount: 5,602. Total to form 990-ez, line 16: 11,850.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 1,553. End of year amount: 1,553. Description: other depreciable assets. Beg. Of year amount: 50,449. End of year amount: 48,451.”

Raw XML Appendix170 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MS
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	39502
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	STEVE NOLTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	JOHN DANE III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	MONICA HEWES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	COURTNEY COLLIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	SUE ROKAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	TINA MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	CALEB ULKU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	BOARD MEMBER
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	52002
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	50004
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	11850
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO PROVIDE FOR THE TRAINING IN THE TECHNIQUES OF RACING SMALL SAILBOATS IN NATIONAL AND INTERNATIONAL COMPETITION AND TO PROVIDE PRACTICE RACING SESSIONS, CLASSROOM LECTURES, SEMINARS AND PANEL DISCUSSIONS THROUGH WITH TRAINEES MAY BE SCHOOLED IN COMPETITIVE HELMSMANSHIP, SAIL HANDLING AND RACING TACTICS.
IRS990EZ/ProgramServiceRevenueAmt	0	24445
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SUPPORT OF SAILING COMPETITIONS AND TRAINING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	32498
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	26970
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	26970
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	1000
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IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	146790
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: DEPRECIATION. AMOUNT: 19,148.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: SUPPLIES. AMOUNT: 1,708. DESCRIPTION: BANK CHARGES. AMOUNT: 9. DESCRIPTION: LICENSES AND REGISTRATIONS. AMOUNT: 1,756. DESCRIPTION: ENTRY FEES. AMOUNT: 2,775. DESCRIPTION: TRAVEL AND SUBSISTENCE. AMOUNT: 5,602. TOTAL TO FORM 990-EZ, LINE 16: 11,850.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 1,553. END OF YEAR AMOUNT: 1,553. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 50,449. END OF YEAR AMOUNT: 48,451.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2023-11-14
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ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MS
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	0
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ReturnHeader/TaxPeriodBeginDt	0	2022-01-01
ReturnHeader/TaxPeriodEndDt	0	2022-12-31
ReturnHeader/TaxYr	0	2022