Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Youth Sailing Foundation of the Pal
EIN 47-4838678 • 501(c)3 • West Palm Beach, FL
Profile
To teach and support youth sailing
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
76th percentile
Higher debt load relative to revenue than 76% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
Balance Sheet
Assets
Down$68,449
Down $5,735 (-7.7%) from 2023
Liabilities
Up$1,234
Up $1,234 from 2023
Net Assets
Down$67,215
Down $6,969 (-9.4%) from 2023
Revenue
Down$36,270
Down $1,685 (-4.4%) from 2023
Expenses
Up$43,239
Up $2,705 (+6.7%) from 2023
Net Income
Down-$6,969
Down $4,390 (-170%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $68,449
- Liabilities
- $1,234
- Net assets
- $67,215
- Revenue
- $36,270
- Expenses
- $43,239
- Net income
- -$6,969
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 5, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $36,270
Mission and Program Overview
Mission
TheYouthSailingFoundationofthePalmBeachespromotesthesportofsailingforyoungpeoplewithinourcommunitiestoprovideeducationalandcharacterbuildingopportunitiesthatyouthsailingprogramsareuniquelyabletoprovidesuchasconfidence,self-reliance,teamwork,sportsmanship,leadership,respect,ethicalbehavior,andenvironmentalawareness.
To teach and support youth sailing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Annual fundraising gala | - | $8,447 |
| Sailing programs | - | $8,060 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Susan Slater | President | - | $0 | - | - |
| Hilary Oswald | VP | - | $0 | - | - |
| Meghan Palumbo | Secretary | - | $0 | - | - |
| Nico Barbero | Director | - | $0 | - | - |
| Michael Phillips | Director | - | $0 | - | - |
| Bridget Baker | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Youth Sailing Foundation of the Pal
- EIN
- 47-4838678
- In Care Of
- % Susan Slater
- Address
- PO Box 1324, West Palm Beach, FL 33402
Signing Officer
- Name
- Susan Slater
- Title
- President
- Signed
- 2025-05-05
- Discuss with paid preparer
- Yes
Preparer
- Firm
- DiSalvo & Associates PLLC
- Address
- 1760 N Jog Road Ste 150, West Palm Beach, FL 33411
- Preparer
- Scott Disalvo CPA
- Phone
- 5616591177
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 12,250Gala Expenses 8,447Bank Fees 88Licenses 61Website 18Advertising 70Sailing Programs 8,060Supplies 144”
Description of other assets Part II line 24
“Category Beginning of Year End of YearNet fixed assets 49,463 37,213”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearFundraiser payables 0 1,234”
General explanation attachment
“The Youth Sailing Foundation of the Palm Beaches promotes the sport of sailing for young people within our communities to provide educational and character building opportunities that youth sailing programs are uniquely able to provide; such as confidence, self-reliance, teamwork, sportsmanship, leadership, respect, ethical behavior and environmental awareness.”
Raw XML Appendix157 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Susan Slater |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5618771304 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 4600 N Flagler Dr |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | West Palm Beach |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33407 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 24721 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 31236 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 35787 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6969 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 773 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 74184 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 68449 |
| IRS990EZ/GrossReceiptsAmt | 0 | 36270 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 483 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 74184 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 67215 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 74184 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 67215 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 11625 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Susan Slater |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Hilary Oswald |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Meghan Palumbo |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Nico Barbero |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Michael Phillips |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Bridget Baker |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 49463 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 37213 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29138 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To teach and support youth sailing. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1703 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Annual fundraising gala |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Sailing programs |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 8447 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 8060 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | FL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1234 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 43239 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 16507 |
| IRS990EZ/TotalRevenueAmt | 0 | 36270 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | www.ysfpb.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 35787 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 37954 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11241 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 32175 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32523 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 149680 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 149680 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 35787 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 37954 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11241 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 32175 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 32523 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 149680 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 149680 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountDepreciation from 4562 12,250Gala Expenses 8,447Bank Fees 88Licenses 61Website 18Advertising 70Sailing Programs 8,060Supplies 144 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Category Beginning of Year End of YearNet fixed assets 49,463 37,213 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearFundraiser payables 0 1,234 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Youth Sailing Foundation of the Palm Beaches promotes the sport of sailing for young people within our communities to provide educational and character building opportunities that youth sailing programs are uniquely able to provide; such as confidence, self-reliance, teamwork, sportsmanship, leadership, respect, ethical behavior and environmental awareness. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of total liabilities Part II line 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | General explanation attachment |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SUSAN SLATER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-05 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | YOUTH SAILING FOUNDATION OF THE PAL |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | YOUT |
| ReturnHeader/Filer/EIN | 0 | 474838678 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Susan Slater |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 1324 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | West Palm Beach |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33402 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263852203 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DiSalvo & Associates PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1760 N Jog Road Ste 150 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | West Palm Beach |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33411 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5616591177 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SCOTT DISALVO CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-09T08:17:28-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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