Civic Intelligence

Windmark Sailing Foundation Inc.

990 • Fiscal year 2020 • EIN 46-3234147

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

Organization ProfileWINDMARK.ORG
PO Box 638Oyster Bay, NY 11771

(516) 674-8008

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 • NTEE P20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Net Margin

38th percentile

0.6%

Higher net margin than 38% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2020 filings • NTEE P20 • <$500k nonprofits • Source year 2020

Asset Growth

46th percentile

3.3%

Faster asset growth than 46% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-63%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • NTEE P20 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$18,569

Up $586 (+3.3%) from 2019

Net Assets

Up

$18,569

Up $586 (+3.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin38th percentile

Revenue

Down

$100,727

Down $175,233 (-63%) from 2019

Expenses

Down

$100,141

Down $231,978 (-70%) from 2019

Net Income

Up

$586

Up $56,745 (+101%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$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

2020

Assets$18,569
Liabilities$0
Net Assets$18,569
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$100,727
Expenses$100,141
Net Income$586
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$100,727
Mission and Program Overview

Mission

The foundation is organized and operated as a qualified amatuer sports foundation

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,794$16,569▲ $4,775
Savings and Temporary Cash Investments$6,189$2,000▼ $4,189
Total Assets$17,983$18,569▲ $586
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,983$18,569▲ $586
Total Net Assets Fund Balance$17,983$18,569▲ $586
Total Liabilities and Net Assets / Fund Balance$17,983$18,569▲ $586
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
John BertrandTrustee
Mark StrubeTrustee
Timothy MillerChief Executive Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,727
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,000
All Other Contributions
$99,727
Change in Net Assets
$586

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$63,227Fair Market Value (FMV)
Total Noncash Contributions2$63,227-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,560
Other Expenses$49,581
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$50,560--$50,560
Travel$45,393--$45,393
Insurance-$888-$888
Fees for Services Other-$405-$405
Advertising-$229-$229
Fees for Services Legal-$75-$75
Other Expenses-$30-$30
Total Functional Expenses$95,953$4,188$0$100,141
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
2021-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Miller
Formed
2013
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004
Preparer
James J Reilly
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.”

Raw XML Appendix327 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION IS ORGANIZED AND OPERATED AS A QUALIFIED AMATUER SPORTS FOUNDATION
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0229
IRS990/AdvertisingGrp/TotalAmt0229
IRS990/AllOtherContributionsAmt099727
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/BOYAmt011794
IRS990/CashNonInterestBearingGrp/EOYAmt016569
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt099727
IRS990/CYGrantsAndSimilarPaidAmt050560
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt049581
IRS990/CYOtherRevenueAmt01000
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0586
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0100141
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0100727
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
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/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt095953
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt075
IRS990/FeesForServicesLegalGrp/TotalAmt075
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0405
IRS990/FeesForServicesOtherGrp/TotalAmt0405
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK STRUBE
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BERTRAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt050560
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt050560
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt050560
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0100727
IRS990/GrossSalesOfInventoryAmt01000
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0888
IRS990/InsuranceGrp/TotalAmt0888
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
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/NetAssetsOrFundBalancesBOYAmt017983
IRS990/NetAssetsOrFundBalancesEOYAmt018569
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt017983
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt018569
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt063227
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MISC EXPENSES
IRS990/OtherExpensesGrp/Desc2TAXES AND LICENSES
IRS990/OtherExpensesGrp/Desc3BANK FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01138
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11032
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2391
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt330
IRS990/OtherExpensesGrp/TotalAmt01138
IRS990/OtherExpensesGrp/TotalAmt11032
IRS990/OtherExpensesGrp/TotalAmt2391
IRS990/OtherExpensesGrp/TotalAmt330
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TIMOTHY MILLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0275955
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0153954
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt0178165
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-56159
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0332119
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0275960
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0586
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06189
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0275955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0393473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0171673
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01177950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02118778
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0638
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02238
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.40120
IRS990ScheduleA/PublicSupportPY170Pct00.51070
IRS990ScheduleA/PublicSupportTotal170Amt0851043
IRS990ScheduleA/SubstantialContributorsTotAmt01267735
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099727
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0275955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0393473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0171673
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01177950
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02118778
IRS990ScheduleA/TotalSupportAmt02121016
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
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt050560
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GRANTS TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
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
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt063227
IRS990ScheduleM/ThirdPartiesUsedInd00
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/FormAndLineReferenceDesc0PART III - LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017983
IRS990/TotalAssetsEOYAmt018569
IRS990/TotalAssetsGrp/BOYAmt017983
IRS990/TotalAssetsGrp/EOYAmt018569
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt099727
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04188
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095953
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100141
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017983
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018569
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt095953
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0100727
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017983
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018569
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt045393
IRS990/TravelGrp/TotalAmt045393
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 638
IRS990/USAddress/CityNm0OYSTER BAY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011771
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WINDMARK.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY MILLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF OPERATING OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05166748008
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
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/PreparerFirmGrp/PreparerFirmEIN0133628255
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONDON O'MEARA MCGINTY & DONNELLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE BATTERY PARK PLAZA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010004
ReturnHeader/PreparerPersonGrp/PhoneNum02126617777
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES J REILLY
ReturnHeader/ReturnTs02021-11-11T13:08:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TIMOTHY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MILLER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,569
Liabilities
$0
Net assets
$18,569
Revenue
$100,727
Expenses
$100,141
Net income
$586
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