Civic Intelligence

Columbia Sailing School

990 • Fiscal year 2017 • EIN 47-3706487

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 08, 2018

Organization ProfileWWW.COLUMBIASAILINGSCHOOL.ORG
111 N Lake Shore DrChicago, IL 60601

(312) 938-3625

Siviq Scores

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

Liabilities / Assets

69th percentile

0.17x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

94th percentile

97%

Faster asset growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$215,880

Up $106,433 (+97%) from 2016

Net Assets

Up

$180,222

Up $113,773 (+171%) from 2016

Liabilities

Down

$35,658

Down $7,340 (-17%) from 2016

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin77th percentile

Revenue

Up

$559,491

Up $132,601 (+31%) from 2016

Expenses

Up

$445,718

Up $89,786 (+25%) from 2016

Net Income

Up

$113,773

Up $42,815 (+60%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$600K$400K$200K$0-$200KAssets 2015: $12,173Liabilities 2015: $16,682Net Assets 2015: -$4,5092015Assets 2016: $109,447Liabilities 2016: $42,998Net Assets 2016: $66,4492016Assets 2017: $215,880Liabilities 2017: $35,658Net Assets 2017: $180,2222017Assets 2018: $242,961Liabilities 2018: $52,780Net Assets 2018: $190,1812018Assets 2019: $241,136Liabilities 2019: $54,433Net Assets 2019: $186,7032019Assets 2020: $273,275Liabilities 2020: $123,840Net Assets 2020: $149,4352020Assets 2021: $383,483Liabilities 2021: $91,513Net Assets 2021: $291,9702021Assets 2022: $425,238Liabilities 2022: $99,013Net Assets 2022: $326,2252022Assets 2023: $535,922Liabilities 2023: $175,075Net Assets 2023: $360,8472023Assets 2024: $446,324Liabilities 2024: $143,151Net Assets 2024: $303,1732024

Highlighted filing

2017

Assets$215,880
Liabilities$35,658
Net Assets$180,222
Open 2017 Filing

Operations Trend

Revenue Growth79th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $265,809Expenses 2015: $270,318Net Income 2015: -$4,5092015Revenue 2016: $426,890Expenses 2016: $355,932Net Income 2016: $70,9582016Revenue 2017: $559,491Expenses 2017: $445,718Net Income 2017: $113,7732017Revenue 2018: $607,946Expenses 2018: $597,987Net Income 2018: $9,9592018Revenue 2019: $735,528Expenses 2019: $739,006Net Income 2019: -$3,4782019Revenue 2020: $583,104Expenses 2020: $620,372Net Income 2020: -$37,2682020Revenue 2021: $865,948Expenses 2021: $723,413Net Income 2021: $142,5352021Revenue 2022: $947,002Expenses 2022: $912,747Net Income 2022: $34,2552022Revenue 2023: $1,021,146Expenses 2023: $986,524Net Income 2023: $34,6222023Revenue 2024: $1,013,731Expenses 2024: $1,071,405Net Income 2024: -$57,6742024

Highlighted filing

2017

Revenue$559,491
Expenses$445,718
Net Income$113,773
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 8, 2018
Return Version
2017v2.3
Gross Receipts
$574,892
Mission and Program Overview

Mission

Promote the safe, responsible, and enjoyable operation of sailboats and other watercraft for people of all ages, genders, and ethnic backgrounds. We wish to promote sailing and boating as viable and rewarding activities and ensure that those who participate do so in a safe and responsible manner.

Promote the safe, responsible, and enjoyable operation of sailboats and other watercraft for people of all ages, genders, and ethnic backgrounds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$81,419$171,524▲ $90,105
Cash and Non-Interest-Bearing Accounts$21,309$31,930▲ $10,621
Prepaid Expenses and Deferred Charges$6,719$12,426▲ $5,707
Total Assets$109,447$215,880▲ $106,433
Liabilities
Accounts Payable and Accrued Expenses$11,722$24,216▲ $12,494
Deferred Revenue$4,930$6,065▲ $1,135
Other Liabilities$26,346$5,377▼ $20,969
Total Liabilities$42,998$35,658▼ $7,340
Net Assets / Fund Balance
Unrestricted Net Assets$66,449$180,222▲ $113,773
Total Net Assets Fund Balance$66,449$180,222▲ $113,773
Total Liabilities and Net Assets / Fund Balance$109,447$215,880▲ $106,433

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$171,524$50,939$222,463
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Dave RootDirector
Joe HarrisDirector
Michael KorbelDirector
Robert WillisDirector
Shannon WojcikDirector
Stephen PrattDirector
Stuart FriedmanDirector
Tara FumertonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$88,050
Program Service Revenue
$427,953
Investment Income
$10
Other Revenue
$43,478
All Other Contributions
$88,050
Change in Net Assets
$113,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$227,300
Other Expenses$218,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,248--$185,248
Depreciation Depletion$30,914--$30,914
Insurance$28,595--$28,595
Other Employee Benefits$23,467--$23,467
Office Expenses-$19,024-$19,024
Payroll Taxes$18,585--$18,585
Travel$14,829--$14,829
Advertising$7,095--$7,095
Fees for Services Accounting-$3,473-$3,473
Occupancy$2,984--$2,984
Other Expenses$2,598--$2,598
Information Technology-$794-$794
Total Functional Expenses$422,427$23,291$0$445,718
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$57,619
Fundraising Direct Expenses$15,401
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raise the Sail$47,223$47,223$1,176$46,047
Bingo Brunch$10,396$10,396$146$10,250
Total Events$57,619$57,619$15,401$42,218
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$5,377
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 chairman of the board and staff present the 990 and all related schedules to the board of directors and address any questions, concerns, or suggestions.”

Form 990, Part VI, Section B, Line 12C

“Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: a. The conflicting interest is fully disclosed; b. The person with the conflict of interest is excluded from the discussion and approval of such transaction; c. A competitive bid or comparable valuation exists; and d. The board has determined that the transaction is in the best interest of the organization. Disclosure in the organization should be made to the commodore (or if she or he is the one with the conflict, then to the secretary), who shall bring the matter to the attention of the board of directors. Disclosure involving directors should be made to the commodore, (or if she or he is the one with the conflict, then to the secretary) who shall bring these matters to the board of directors. The board of directors shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to columbia sailing school. The decision of the board of directors on these matters will rest in their sole discretion, and their concern must be the welfare of columbia sailing school and the advancement of its purpose.”

Form 990, Part VI, Section C, Line 19

“Governing documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Columbia Sailing School
EIN
47-3706487
Phone
3129383625
Address
111 N LAKE SHORE DR, CHICAGO, IL 60601

Signing Officer

Name
Robert Willis
Title
Director
Phone
3129383625
Signed
2018-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Korbel
Formed
2015
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
35
Volunteers
20

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
777 E WISCONSIN AVENUE 32ND FLOOR, MILWAUKEE, WI 53202
Preparer
Troy E Marine CPA
Phone
4147775500
Raw XML AppendixShowing 400 of 426 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/BOYAmt011722
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024216
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE THE SAFE, RESPONSIBLE, AND ENJOYABLE OPERATION OF SAILBOATS AND OTHER WATERCRAFT FOR PEOPLE OF ALL AGES, GENDERS, AND ETHNIC BACKGROUNDS.
IRS990/AdvertisingGrp/ProgramServicesAmt07095
IRS990/AdvertisingGrp/TotalAmt07095
IRS990/AllOtherContributionsAmt088050
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0TOM TRULIS
IRS990/BooksInCareOfDetail/PhoneNum03129383625
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 NORTH LAKE SHORE DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060601
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021309
IRS990/CashNonInterestBearingGrp/EOYAmt031930
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt088050
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt010
IRS990/CYOtherExpensesAmt0218418
IRS990/CYOtherRevenueAmt043478
IRS990/CYProgramServiceRevenueAmt0427953
IRS990/CYRevenuesLessExpensesAmt0113773
IRS990/CYSalariesCompEmpBnftPaidAmt0227300
IRS990/CYTotalExpensesAmt0445718
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0559491
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04930
IRS990/DeferredRevenueGrp/EOYAmt06065
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030914
IRS990/DepreciationDepletionGrp/TotalAmt030914
IRS990/Desc0THE PROGRAMS CATER TO SMALL CHILDREN BEGINNING AT AGE 5, YOUNG ADULTS OF HIGH SCHOOL AND UNIVERSITY AGE, AND ADULTS. CURRICULUM RANGES FROM AN INTRODUCTION TO SAILING AND SEAMANSHIP THROUGH ADVANCED DINGHY AND KEELBOAT RACING. U.S. SAILING'S RECOGNIZED CURRICULA IS USED AND EMPLOYEES ARE CERTIFIED TO INSTRUCT THESE ELEMENTS. IT IS ESTIMATED THAT IN 2017, AROUND 500 KIDS TOOK PART IN SOME FORM OF DAY CAMP SESSIONS, WHILE 200 IN OTHER PROGRAMS. ABOUT 100 ADULTS TOOK PART IN VARIOUS CLASSES AS WELL. WHILE STRIVING TO ACHIEVE SAILING EXCELLENCE, SPORTSMANSHIP IS EMPHASIZED.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt035
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0422427
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03473
IRS990/FeesForServicesAccountingGrp/TotalAmt03473
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0STUART FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL KORBEL
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT WILLIS
IRS990/Form990PartVIISectionAGrp/PersonNm3SHANNON WOJCIK
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVE ROOT
IRS990/Form990PartVIISectionAGrp/PersonNm6TARA FUMERTON
IRS990/Form990PartVIISectionAGrp/PersonNm7STEPHEN PRATT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt015401
IRS990/FundraisingGrossIncomeAmt057619
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0574892
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0794
IRS990/InformationTechnologyGrp/TotalAmt0794
IRS990/InsuranceGrp/ProgramServicesAmt028595
IRS990/InsuranceGrp/TotalAmt028595
IRS990/InvestmentIncomeGrp/ExclusionAmt010
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt050939
IRS990/LandBldgEquipBasisNetGrp/BOYAmt081419
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0171524
IRS990/LandBldgEquipCostOrOtherBssAmt0222463
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE THE SAFE, RESPONSIBLE, AND ENJOYABLE OPERATION OF SAILBOATS AND OTHER WATERCRAFT FOR PEOPLE OF ALL AGES, GENDERS, AND ETHNIC BACKGROUNDS. WE WISH TO PROMOTE SAILING AND BOATING AS VIABLE AND REWARDING ACTIVITIES AND ENSURE THAT THOSE WHO PARTICIPATE DO SO IN A SAFE AND RESPONSIBLE MANNER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt066449
IRS990/NetAssetsOrFundBalancesEOYAmt0180222
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt042218
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt042218
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt07943
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt02984
IRS990/OccupancyGrp/TotalAmt02984
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019024
IRS990/OfficeExpensesGrp/TotalAmt019024
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023467
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023467
IRS990/OtherExpensesGrp/Desc0BOAT RENTAL AND MAINTEN
IRS990/OtherExpensesGrp/Desc1SUPPLIES AND UNIFORMS
IRS990/OtherExpensesGrp/Desc2EDUCATION
IRS990/OtherExpensesGrp/Desc3REGATTA
IRS990/OtherExpensesGrp/ProgramServicesAmt068427
IRS990/OtherExpensesGrp/ProgramServicesAmt123490
IRS990/OtherExpensesGrp/ProgramServicesAmt216195
IRS990/OtherExpensesGrp/ProgramServicesAmt32598
IRS990/OtherExpensesGrp/TotalAmt068427
IRS990/OtherExpensesGrp/TotalAmt123490
IRS990/OtherExpensesGrp/TotalAmt216195
IRS990/OtherExpensesGrp/TotalAmt32598
IRS990/OtherLiabilitiesGrp/BOYAmt026346
IRS990/OtherLiabilitiesGrp/EOYAmt05377
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt01260
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01260
IRS990/OtherRevenueTotalAmt01260
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0185248
IRS990/OtherSalariesAndWagesGrp/TotalAmt0185248
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt018585
IRS990/PayrollTaxesGrp/TotalAmt018585
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06719
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012426
IRS990/PrincipalOfficerNm0MICHAEL KORBEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SAILING INSTRUCTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0427953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0427953
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt098825
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0186748
IRS990/PYOtherRevenueAmt0-2132
IRS990/PYProgramServiceRevenueAmt0330197
IRS990/PYRevenuesLessExpensesAmt070958
IRS990/PYSalariesCompEmpBnftPaidAmt0169184
IRS990/PYTotalExpensesAmt0355932
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0426890
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0113773
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0427953
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0171524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050939
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0222463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05377
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0171524
IRS990ScheduleD/TotalLiabilityAmt05377
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NON-DISCRIMINATION POLICY INCLUDED ON PRINTED MATERIAL, INCLUDING BROCHURES HANDED OUT AT BOAT SHOWS AND PUBLISHED ADVERTISEMENTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAISE THE SAIL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BINGO BRUNCH
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07521
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt04305
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011826
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt047223
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010396
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057619
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt047223
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010396
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt057619
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042218
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0804
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01449
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02253
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01322
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01176
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0146
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAIRMAN OF THE BOARD AND STAFF PRESENT THE 990 AND ALL RELATED SCHEDULES TO THE BOARD OF DIRECTORS AND ADDRESS ANY QUESTIONS, CONCERNS, OR SUGGESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF ALL OF THE FOLLOWING ARE OBSERVED: A. THE CONFLICTING INTEREST IS FULLY DISCLOSED; B. THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; C. A COMPETITIVE BID OR COMPARABLE VALUATION EXISTS; AND D. THE BOARD HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. DISCLOSURE IN THE ORGANIZATION SHOULD BE MADE TO THE COMMODORE (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE SECRETARY), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD OF DIRECTORS. DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE COMMODORE, (OR IF SHE OR HE IS THE ONE WITH THE CONFLICT, THEN TO THE SECRETARY) WHO SHALL BRING THESE MATTERS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO COLUMBIA SAILING SCHOOL. THE DECISION OF THE BOARD OF DIRECTORS ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF COLUMBIA SAILING SCHOOL AND THE ADVANCEMENT OF ITS PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0COLUMBIA YACHT CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0360935520
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(7)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE CLUB
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0111 N LAKE SHORE DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060601
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0109447
IRS990/TotalAssetsEOYAmt0215880
IRS990/TotalAssetsGrp/BOYAmt0109447
IRS990/TotalAssetsGrp/EOYAmt0215880
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt088050
IRS990/TotalEmployeeCnt035
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023291
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0422427
IRS990/TotalFunctionalExpensesGrp/TotalAmt0445718
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt042998
IRS990/TotalLiabilitiesEOYAmt035658
IRS990/TotalLiabilitiesGrp/BOYAmt042998
IRS990/TotalLiabilitiesGrp/EOYAmt035658
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066449
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0180222
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0422427
IRS990/TotalProgramServiceRevenueAmt0427953
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt043488
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0427953
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0559491
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0109447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0215880
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014829
IRS990/TravelGrp/TotalAmt014829
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt066449
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0180222
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 N LAKE SHORE DR
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060601
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0HTTPS://WWW.COLUMBIASAILINGSCHOOL.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT WILLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03129383625
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COLUMBIA SAILING SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0COLU
ReturnHeader/Filer/EIN0473706487

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$215,880
Liabilities
$35,658
Net assets
$180,222
Revenue
$559,491
Expenses
$445,718
Net income
$113,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.14$0.30$1.01$1.07$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.18$0.36$1.02$0.99$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.10$0.33$0.95$0.91$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.09$0.29$0.87$0.72$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.12$0.15$0.58$0.62$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$0.74$0.74$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.05$0.19$0.61$0.60$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.18$0.56$0.45$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.11$0.04$0.07$0.43$0.36$0.07
2015Summary only. Only limited summary data is available for this year.$0.01$0.02$0.00$0.27$0.27$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits