Form 990, Part VI, Section B, Line 11B
“Form 990 is reviewed by the treasurer and president prior to signing and filing”
Scores are not available for this record yet.
Assets
Up$10,066,708
Up $2,091,515 (+26%) from 2024
Net Assets
Up$6,737,184
Up $2,091,305 (+45%) from 2024
Liabilities
Up$3,329,524
Up $210 (+0.0%) from 2024
Revenue
Up$4,534,599
Up $1,117,099 (+33%) from 2024
Expenses
Down$2,443,294
Down $358,541 (-13%) from 2024
Net Income
Up$2,091,305
Up $1,475,640 (+240%) from 2024
To use sailing as a tool to build lifelong relationships between troubled teens who are transitioning back into society and connect them with passionate mentors who will act as role models during the journey
To use sailing as a tool to build lifelong relationships between troubled teens who are transitioning back into society and connect them with passionate mentors who will act as role models during the journey.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $5,935,472 | $6,481,617 | ▲ $546,145 |
| Cash and Non-Interest-Bearing Accounts | $1,800,203 | $2,595,573 | ▲ $795,370 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $2,091,305 | ▲ $2,091,305 |
| Other Notes and Loans Receivable, Net | - | $750,000 | - |
| Accounts Receivable | $239,518 | $239,518 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $7,975,193 | $10,066,708 | ▲ $2,091,515 |
| Liabilities | |||
| Other Liabilities | $2,855,708 | $3,314,385 | ▲ $458,677 |
| Mortgage Notes Payable Secured by Investment Property | $417,925 | - | - |
| Accounts Payable and Accrued Expenses | $55,681 | $15,139 | ▼ $40,542 |
| Total Liabilities | $3,329,314 | $3,329,524 | ▲ $210 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $4,645,879 | $6,737,184 | ▲ $2,091,305 |
| Total Liabilities and Net Assets / Fund Balance | $7,975,193 | $10,066,708 | ▲ $2,091,515 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,750,688 | $373,073 | $3,123,761 |
| Equipment | $2,083,247 | $705,068 | $2,788,315 |
| Leasehold Improvements | $1,647,682 | $152,639 | $1,800,321 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Michael Long | President | FT | $127,404 | $127,404 |
| Name | Title |
|---|---|
| Nelson Scott | Director |
| Andrew L Gould | Secretary |
| Madeline Manlove | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,258,729 |
| Salaries, Compensation, and Employee Benefits | $1,184,565 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $760,225 | $84,469 | - | $844,694 |
| Office Expenses | $347,729 | $38,637 | - | $386,366 |
| Payroll Taxes | $221,321 | $24,591 | - | $245,912 |
| Interest | $137,881 | $15,320 | - | $153,201 |
| Insurance | $120,782 | $13,420 | - | $134,202 |
| Occupancy | $95,732 | $10,637 | - | $106,369 |
| Pension Plan Contributions | $84,563 | $9,396 | - | $93,959 |
| Information Technology | $76,815 | $8,535 | - | $85,350 |
| Fees for Services Other | $47,964 | $5,328 | - | $53,292 |
| Travel | $38,247 | $4,250 | - | $42,497 |
| Other Expenses | $33,510 | $3,723 | - | $37,233 |
| All Other Expenses | $10,476 | $1,164 | - | $11,640 |
| Total Functional Expenses | $2,198,967 | $244,327 | $0 | $2,443,294 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,443,294 |
| Total Expenses per Audited Statements | $2,443,294 |
| Total Expenses per Form 990 | $2,443,294 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Sba | $1,454,665 |
| Fclf Norwood | $802,531 |
| Fclf Waterfrond | $650,962 |
| Fclf Whitehouse | $406,227 |
“Form 990 is reviewed by the treasurer and president prior to signing and filing”
“Board members are reminded at regular meetings to be aware of the organization's conflict of interest policy and dislose any interests that might give rise to conflicts”
“The organizatino makes its governing documents and financial statements available to the public upon request by emailing to [email protected]”
“In accordance with donor confidentiality and privacy preferences, the organization has excluded the names and addresses of contributors on the filed schedule b. The organization maintains this information in its internal records”
“The organization uses a professional employer organization (peo) for payroll and human resources services. As a result employee w2's are issued under the peo's ein.”
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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| IRS990/Desc | 0 | RESIDENTIAL INTERVENTION PROGRAM TO FOSTER TRANSFORMATIONAL CHANGE IN HIGH-RISK YOUTH BY DEVELOPING TRUST AND LONG TERM PERSONAL RELATIONSHIPS THROUGH SAILING EXPERIENCES, COUNSELING, EXPERIENTIAL EDUCATION AND LONG-TERM HOUSING. OUR RESIDENTIAL MODEL INCLUDES AN ACCREDITED EXPERIENTIAL HIGH SCHOOL, CHALLENGING SAILING EXPERIENCES, INDIVIDUAL COUNSELING AND JOB TRAINING. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | FCLF WATERFROND |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | FCLF WHITEHOUSE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | SBA |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | IN ACCORDANCE WITH DONOR CONFIDENTIALITY AND PRIVACY PREFERENCES, THE ORGANIZATION HAS EXCLUDED THE NAMES AND ADDRESSES OF CONTRIBUTORS ON THE FILED SCHEDULE B. THE ORGANIZATION MAINTAINS THIS INFORMATION IN ITS INTERNAL RECORDS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION USES A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR PAYROLL AND HUMAN RESOURCES SERVICES. AS A RESULT EMPLOYEE W2'S ARE ISSUED UNDER THE PEO'S EIN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | FORM 990 IS REVIEWED BY THE TREASURER AND PRESIDENT PRIOR TO SIGNING AND FILING |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BOARD MEMBERS ARE REMINDED AT REGULAR MEETINGS TO BE AWARE OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND DISLOSE ANY INTERESTS THAT MIGHT GIVE RISE TO CONFLICTS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATINO MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY EMAILING TO [email protected] |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART IV, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART V, LINE 2A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/USAddress/CityNm | 0 | SAINT PETERSBURG |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL LONG |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-05-13 |
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| ReturnHeader/Filer/PhoneNum | 0 | 9412919847 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2900 68TH AVE S |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SAINT PETERSBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33712 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 753125446 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | THOMAS & COMPANY CPA PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 9710 STIRLING RD SUITE 101 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HOLLYWOOD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33024 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9544357272 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROBY THOMAS |
| ReturnHeader/ReturnTs | 0 | 2026-05-13T13:52:57-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.