Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Valhalla Sailing Project Ltd.
990EZ • Fiscal year 2021 • EIN 47-5260622
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Up$126,397
Up $38,567 (+44%) from 2020
Net Assets
Up$105,975
Up $18,145 (+21%) from 2020
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$101,205
Up $163 (+0.2%) from 2020
Expenses
Up$83,060
Up $35,993 (+76%) from 2020
Net Income
Down$18,145
Down $35,830 (-66%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Nov 1, 2020 to Oct 31, 2021
- Signed
- Mar 29, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $101,205
Mission and Program Overview
Mission
In order to do its part in attempting to reduce the instances of Veteran suicide and provide healthy tools to cope with Post Traumatic Stress, Valhalla Sailing Projects' fundamental mission is to provide Veterans the opportunity to forge post-service relationships and a support system through the sport of sailing.
In order to do its part in attempting to reduce the instances of Veteran suicide and provide healthy tools to cope with Post Traumatic Stress, Valhalla Sailing Project's fundamental mission is to provide Veterans opportunity to forge post-service relationships and a support systems through the sport of sailing.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Integrated wounded, disabled, and transitioning veterans into a cohesive family style environment that aided them in coping with post-traumatic stress. This was accomplished through four (4) weekend introduction to sailing weekends, over 30-days of sailboat racing, family sailing cruises, and offshore excursions. | - | $83,060 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Michael Wood | Executive Director | PT | $0 | - | - |
| Katherine Freeman | Director | PT | $0 | - | - |
| Frank Briguglio | Director | PT | $0 | - | - |
| James Darlington | Director | PT | $0 | - | - |
| Monica Alvarado | Director | PT | $0 | - | - |
| Jeremy Myers | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Valhalla Sailing Project Ltd
- EIN
- 47-5260622
- Address
- 326 First St STE 401, Annapolis, MD 21403
Signing Officer
- Name
- Michael Wood
- Title
- Executive Director
- Signed
- 2022-03-29
Supplemental Narrative
Additional Explanations
Part I, Line 10
“Donation to EYC Lights Parade”
Part I, Line 16
“Training Material, Safety Equipment, Food & Beverage, Boat Repair/Upgrade equipment, boat inspections/maintenance, Event Supplies, Event Registration, Boat Purchase”
Part II, Line 24
“J/35 Sailboat, J/80 Sailboat”
Raw XML Appendix159 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.
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| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-11-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-10-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $126,397
- Liabilities
- $0
- Net assets
- $105,975
- Revenue
- $101,205
- Expenses
- $83,060
- Net income
- $18,145