Civic Intelligence

Windmark Sailing Foundation Inc

EIN 46-3234147 • 501(c)3 • Oyster Bay, NY

Profile

The foundation is organized and operated as a qualified amateur sports foundation.

PO Box 638Oyster Bay, NY 11771

windmark.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

7.0%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

30th percentile

-2.9%

Faster revenue growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$972,067

Up $84,540 (+9.5%) from 2023

Liabilities

Down

$0

Down $2,151 (-100%) from 2023

Net Assets

Up

$972,067

Up $86,691 (+9.8%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin55th percentile

Revenue

Down

$1,229,827

Down $37,283 (-2.9%) from 2023

Expenses

Up

$1,143,136

Up $15,649 (+1.4%) from 2023

Net Income

Down

$86,691

Down $52,932 (-38%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$1.0M$500K$0Assets 2013: $20,827Liabilities 2013: $02013Assets 2014: $52,475Liabilities 2014: $02014Assets 2015: $272,044Liabilities 2015: $0Net Assets 2015: $272,0442015Assets 2016: $263,114Liabilities 2016: $0Net Assets 2016: $263,1142016Assets 2017: $225,228Liabilities 2017: $0Net Assets 2017: $225,2282017Assets 2018: $74,142Liabilities 2018: $0Net Assets 2018: $74,1422018Assets 2019: $17,983Liabilities 2019: $0Net Assets 2019: $17,9832019Assets 2020: $18,569Liabilities 2020: $0Net Assets 2020: $18,5692020Assets 2021: $663,669Liabilities 2021: $0Net Assets 2021: $663,6692021Assets 2022: $761,342Liabilities 2022: $739Net Assets 2022: $760,6032022Assets 2023: $887,527Liabilities 2023: $2,151Net Assets 2023: $885,3762023Assets 2024: $972,067Liabilities 2024: $0Net Assets 2024: $972,0672024

Highlighted filing

2024

Assets$972,067
Liabilities$0
Net Assets$972,067
Open 2024 Filing

Operations Trend

Revenue Growth30th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $50,852Expenses 2013: $30,025Net Income 2013: $20,8272013Revenue 2014: $144,392Expenses 2014: $112,744Net Income 2014: $31,6482014Revenue 2015: $1,365,471Expenses 2015: $1,165,902Net Income 2015: $199,5692015Revenue 2016: $1,177,950Expenses 2016: $1,186,880Net Income 2016: -$8,9302016Revenue 2017: $172,311Expenses 2017: $210,197Net Income 2017: -$37,8862017Revenue 2018: $395,068Expenses 2018: $546,154Net Income 2018: -$151,0862018Revenue 2019: $275,960Expenses 2019: $332,119Net Income 2019: -$56,1592019Revenue 2020: $100,727Expenses 2020: $100,141Net Income 2020: $5862020Revenue 2021: $1,113,875Expenses 2021: $466,649Net Income 2021: $647,2262021Revenue 2022: $1,005,468Expenses 2022: $852,649Net Income 2022: $152,8192022Revenue 2023: $1,267,110Expenses 2023: $1,127,487Net Income 2023: $139,6232023Revenue 2024: $1,229,827Expenses 2024: $1,143,136Net Income 2024: $86,6912024

Highlighted filing

2024

Revenue$1,229,827
Expenses$1,143,136
Net Income$86,691
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$972,067
Liabilities
$0
Net assets
$972,067
Revenue
$1,229,827
Expenses
$1,143,136
Net income
$86,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.23$1.14$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.27$1.13$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$1.01$0.85$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.11$0.47$0.65
2020Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.10$0.10$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.28$0.33$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.40$0.55$0.15
2017Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.17$0.21$0.04
2016Summary only. Only limited summary data is available for this year.$0.26$0.00$0.26$1.18$1.19$0.01
2015Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$1.37$1.17$0.20
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.14$0.11$0.03
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.05$0.03$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,229,827
Mission and Program Overview

Mission

The foundation is organized and operated as a qualified amateur sports foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$720,555$844,485▲ $123,930
Cash and Non-Interest-Bearing Accounts$166,772$127,382▼ $39,390
Total Assets$887,527$972,067▲ $84,540
Other Assets Total$200$200→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,151$0▼ $2,151
Total Liabilities$2,151$0▼ $2,151
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$885,376$972,067▲ $86,691
Total Net Assets Fund Balance$885,376$972,067▲ $86,691
Total Liabilities and Net Assets / Fund Balance$887,527$972,067▲ $84,540

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$844,485-$844,485
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Yevgeniy BurmatnovExecutive DirectorFT$147,183$147,183
Timothy MillerPresident/chief ExecutivePT$26,241$26,241

Board Members and Trustees

NameTitle
Ben SternbergBoard Member
Matthew KellyCFO/treasurer
Diane SchotensteinSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,186,826
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$43,001
All Other Contributions
$1,186,826
Change in Net Assets
$86,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$681,318
Other Expenses$274,317
Salaries, Compensation, and Employee Benefits$187,501
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$681,318--$681,318
Current Officers, Directors, Trustees, and Key Employees-$173,424-$173,424
Travel$69,370--$69,370
Occupancy-$52,800-$52,800
Insurance-$29,160-$29,160
Payroll Taxes-$14,077-$14,077
Fees for Services Accounting-$12,000-$12,000
Fees for Services Other-$11,585-$11,585
Other Expenses$7,317$10,000-$7,317
All Other Expenses$250$5,345-$5,595
Office Expenses-$880-$880
Total Functional Expenses$833,865$309,271$0$1,143,136
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 has been distributed to the full board for review prior to the filing with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Windmark Sailing Foundation Inc
EIN
46-3234147
Phone
5166748008
Address
PO BOX 638, OYSTER BAY, NY 11771

Signing Officer

Name
Timothy Miller
Title
Chief Operating Officer
Phone
5166748008
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Miller
Formed
2013
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
3
Employees
2
Volunteers
4

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Part III - Line 1

“Windmark sailing foundation, a delaware nonprofit foundation (the "foundation"), is organized and operated as a qualified amateur sports organization to raise the level of excellence among amateur american sailors by providing grants with the ultimate goal of developing and preparing them to compete in national and international competitions. The foundation has found that there is a gap in the funding needed for amateur american athletes in the field of sailing. Non-us international competitors often have national authorities providing the required infrastructure for their athletic competitions. Funding for us athletes for training and competing against these international competitors will allow us sailors to compete on a level playing field. To fill this gap, the foundation provides grants to its pre-qualified recipients to be able to afford top coaching, elite level equipment, travel and lodging expenses, and entrance fees which are all required to be competitive against the international field.”

Part XII - Line 2

“The tax return has been prepared based on information provided by the windmark sailing foundation, inc. (the "foundation"). Audit services for the foundation have not been completed, and such services may result in revised financial information which may require the preparation and filing of amended returns.”

Raw XML Appendix355 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02151
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED AS A QUALIFIED AMATEUR SPORTS FOUNDATION.
IRS990/AllOtherContributionsAmt01186826
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt05345
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0250
IRS990/AllOtherExpensesGrp/TotalAmt05595
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TIMOTHY MILLER
IRS990/BooksInCareOfDetail/PhoneNum05166748008
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt056 SOUND VIEW AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0OYSTER BAY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011771
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0166772
IRS990/CashNonInterestBearingGrp/EOYAmt0127382
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0173424
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0173424
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01186826
IRS990/CYGrantsAndSimilarPaidAmt0681318
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0274317
IRS990/CYOtherRevenueAmt043001
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt086691
IRS990/CYSalariesCompEmpBnftPaidAmt0187501
IRS990/CYTotalExpensesAmt01143136
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01229827
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ATHLETES CURRENTLY SUPPORTED BY THE FOUNDATION HAVE PROVEN ACHIEVEMENT AND POTENTIAL AND HAVE COMPETED IN NUMEROUS NATIONAL AND WORLD CHAMPIONSHIPS INCLUDING THE 2016 OLYMPICS, THE WORLD MATCH RACING TOUR, AND WORLD SAILING CHAMPIONSHIPS AND HAVE ATTAINED WORLD RANKING FOR THEIR RESULTS. DOZENS OF SUCH ATHLETES WERE PROVIDED GRANTS TO SUPPORT THEIR TRAINING AND COMPETITION WHO WOULD HAVE OTHERWISE NOT HAD THE OPPORTUNITY TO COMPETE AT THAT LEVEL.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0833865
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012000
IRS990/FeesForServicesAccountingGrp/TotalAmt012000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt011585
IRS990/FeesForServicesOtherGrp/TotalAmt011585
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANE SCHOTENSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm3BEN STERNBERG
IRS990/Form990PartVIISectionAGrp/PersonNm4YEVGENIY BURMATNOV
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt026241
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4147183
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CHIEF EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0681318
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0681318
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0681318
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01229827
IRS990/GrossRentsGrp/PersonalAmt032000
IRS990/GrossRentsGrp/RealAmt011001
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt029160
IRS990/InsuranceGrp/TotalAmt029160
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0720555
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0844485
IRS990/LandBldgEquipCostOrOtherBssAmt0844485
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0885376
IRS990/NetAssetsOrFundBalancesEOYAmt0972067
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt043001
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt043001
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0885376
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0972067
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt052800
IRS990/OccupancyGrp/TotalAmt052800
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0880
IRS990/OfficeExpensesGrp/TotalAmt0880
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0200
IRS990/OtherAssetsTotalGrp/EOYAmt0200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EQUIPMENT & SUPPLIES
IRS990/OtherExpensesGrp/Desc1REIMBURSABLE EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3STORAGE FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010000
IRS990/OtherExpensesGrp/ProgramServicesAmt066570
IRS990/OtherExpensesGrp/ProgramServicesAmt19040
IRS990/OtherExpensesGrp/ProgramServicesAmt27317
IRS990/OtherExpensesGrp/TotalAmt066570
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt29040
IRS990/OtherExpensesGrp/TotalAmt37317
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014077
IRS990/PayrollTaxesGrp/TotalAmt014077
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TIMOTHY MILLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01258109
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0558862
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0376823
IRS990/PYOtherRevenueAmt09001
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0139623
IRS990/PYSalariesCompEmpBnftPaidAmt0191802
IRS990/PYTotalExpensesAmt01127487
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01267110
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt086691
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt032000
IRS990/RentalIncomeOrLossGrp/RealAmt011001
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE WINDMARK SAILING FOUNDATION, INC. (THE "FOUNDATION") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 23.91% FOUNDATION 'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.THE FOUNDATION IS A 501(C)(3) ORGANIZATION ORGANIZED AND OPERATED AS A QUALIFIED AMATEUR SPORTS FOUNDATION. WINDMARK SAILING FOUNDATION, A DELAWARE NONPROFIT FOUNDATION (THE "FOUNDATION"), IS ORGANIZED AND OPERATED AS A QUALIFIED AMATEUR SPORTS ORGANIZATION TO RAISE THE LEVEL OF EXCELLENCE AMONG AMATEUR AMERICAN SAILORS BY PROVIDING GRANTS WITH THE ULTIMATE GOAL OF DEVELOPING AND PREPARING THEM TO COMPETE IN NATIONAL AND INTERNATIONAL COMPETITIONS.THE FOUNDATION HAS FOUND THAT THERE IS A GAP IN THE FUNDING NEEDED FOR AMATEUR AMERICAN ATHLETES IN THE FIELD OF SAILING. NON-US INTERNATIONAL COMPETITORS OFTEN HAVE NATIONAL AUTHORITIES PROVIDING THE REQUIRED INFRASTRUCTURE FOR THEIR ATHLETIC COMPETITIONS. FUNDING FOR US ATHLETES FOR TRAINING AND COMPETING AGAINST THESE INTERNATIONAL COMPETITORS WILL ALLOW US SAILORS TO COMPETE ON A LEVEL PLAYING FIELD.TO FILL THIS GAP, THE FOUNDATION PROVIDES GRANTS TO ITS PRE-QUALIFIED RECIPIENTS TO BE ABLE TO AFFORD TOP COACHING, ELITE LEVEL EQUIPMENT, TRAVEL AND LODGING EXPENSES, AND ENTRANCE FEES WHICH ARE ALL REQUIRED TO BE COMPETITIVE AGAINST THE INTERNATIONAL FIELD.THE FOUNDATION 'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING THE BOARD OF DIRECTORS; BOARD OF DIRECTOR CONTACTS; AWARDEES; PARTNERS OF THE FOUNDATION; CONTRIBUTIONS FROM DONORS AND THE GENERAL PUBLIC.THE FOUNDATION 'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. THE FOUNDATION 'S BOARD IS ACTIVELY INVOLVED IN SOLICITING NEW AND DIVERSE SOURCES OF FUNDING TO SUPPORT THE FOUNDATION 'S PURPOSE.THE FOUNDATION'S STAFF AND VOLUNTEER BOARD ARE COMMITTED TO EXPANDING PUBLIC OUTREACH THROUGH PROGRAMS AND ACTIVITIES ALIGNED WITH ITS MISSION, AND TO STIMULATING ADDITIONAL PUBLIC SUPPORT FROM EXISTING AND NEW DONORS.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01186826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01258109
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0922311
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01113875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04580848
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09001
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052002
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.23910
IRS990ScheduleA/PublicSupportPY170Pct00.18700
IRS990ScheduleA/PublicSupportTotal170Amt01107791
IRS990ScheduleA/SubstantialContributorsTotAmt03473057
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01186826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01258109
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0922311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01113875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099727
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04580848
IRS990ScheduleA/TotalSupportAmt04632850
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0844485
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0844485
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0844485
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0681318
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt032
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BENEFICIARIES ARE REQUIRED TO GATHER, RETAIN, AND SUBMIT ELECTRONIC COPIES OF RECEIPTS AND/OR INVOICES FOR ALL EXPENSES PAID FOR BY THE ORGANIZATION, WHETHER USED DOMESTICALLY OR INTERNATIONALLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WINDMARK SAILING FOUNDATION, A DELAWARE NONPROFIT FOUNDATION (THE "FOUNDATION"), IS ORGANIZED AND OPERATED AS A QUALIFIED AMATEUR SPORTS ORGANIZATION TO RAISE THE LEVEL OF EXCELLENCE AMONG AMATEUR AMERICAN SAILORS BY PROVIDING GRANTS WITH THE ULTIMATE GOAL OF DEVELOPING AND PREPARING THEM TO COMPETE IN NATIONAL AND INTERNATIONAL COMPETITIONS. THE FOUNDATION HAS FOUND THAT THERE IS A GAP IN THE FUNDING NEEDED FOR AMATEUR AMERICAN ATHLETES IN THE FIELD OF SAILING. NON-US INTERNATIONAL COMPETITORS OFTEN HAVE NATIONAL AUTHORITIES PROVIDING THE REQUIRED INFRASTRUCTURE FOR THEIR ATHLETIC COMPETITIONS. FUNDING FOR US ATHLETES FOR TRAINING AND COMPETING AGAINST THESE INTERNATIONAL COMPETITORS WILL ALLOW US SAILORS TO COMPETE ON A LEVEL PLAYING FIELD. TO FILL THIS GAP, THE FOUNDATION PROVIDES GRANTS TO ITS PRE-QUALIFIED RECIPIENTS TO BE ABLE TO AFFORD TOP COACHING, ELITE LEVEL EQUIPMENT, TRAVEL AND LODGING EXPENSES, AND ENTRANCE FEES WHICH ARE ALL REQUIRED TO BE COMPETITIVE AGAINST THE INTERNATIONAL FIELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 HAS BEEN DISTRIBUTED TO THE FULL BOARD FOR REVIEW PRIOR TO THE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN HAS BEEN PREPARED BASED ON INFORMATION PROVIDED BY THE WINDMARK SAILING FOUNDATION, INC. (THE "FOUNDATION"). AUDIT SERVICES FOR THE FOUNDATION HAVE NOT BEEN COMPLETED, AND SUCH SERVICES MAY RESULT IN REVISED FINANCIAL INFORMATION WHICH MAY REQUIRE THE PREPARATION AND FILING OF AMENDED RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III - LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII - LINE 2
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0887527
IRS990/TotalAssetsEOYAmt0972067
IRS990/TotalAssetsGrp/BOYAmt0887527
IRS990/TotalAssetsGrp/EOYAmt0972067
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01186826
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0309271
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0833865
IRS990/TotalFunctionalExpensesGrp/TotalAmt01143136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02151
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02151
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0885376
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0972067
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0833865
IRS990/TotalReportableCompFromOrgAmt0173424
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt043001
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01229827
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0887527
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0972067
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt069370
IRS990/TravelGrp/TotalAmt069370
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 638
IRS990/USAddress/CityNm0OYSTER BAY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011771
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WINDMARK.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF OPERATING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05166748008
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WINDMARK SAILING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WIND
ReturnHeader/Filer/EIN0463234147
ReturnHeader/Filer/PhoneNum05166748008
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 638
ReturnHeader/Filer/USAddress/CityNm0OYSTER BAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011771
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133628255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDON O'MEARA MCGINTY & DONNELLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE BATTERY PARK PLAZA 7TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010004
ReturnHeader/PreparerPersonGrp/PhoneNum02126617777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEXANDER LAZZARUOLO
ReturnHeader/ReturnTs02025-11-17T14:59:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.