Civic Intelligence

Valhalla Sailing Project Ltd.

990EZ • Fiscal year 2025 • EIN 47-5260622

Nov 01, 2024 to Oct 31, 2025 • Filed on Feb 05, 2026

326 First St STE 401Annapolis, MD 21403

(678) 576-6029

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2025

Net Margin

71st percentile

16%

Higher net margin than 71% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

54th percentile

4.1%

Faster asset growth than 54% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$94,992

Up $3,736 (+4.1%) from 2024

Net Assets

Up

$94,992

Up $3,736 (+4.1%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$76,820

Up $13,901 (+22%) from 2024

Expenses

Down

$64,516

Down $603 (-0.9%) from 2024

Net Income

Up

$12,304

Up $14,504 (+659%) from 2024

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $87,830Net Assets 2020: $87,8302020Assets 2021: $126,397Liabilities 2021: $0Net Assets 2021: $126,3972021Assets 2022: $99,364Net Assets 2022: $99,3642022Assets 2023: $88,735Net Assets 2023: $88,7352023Assets 2024: $91,256Net Assets 2024: $91,2562024Assets 2025: $94,992Net Assets 2025: $94,9922025

Highlighted filing

2025

Assets$94,992
Liabilities-
Net Assets$94,992

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $101,042Expenses 2020: $47,067Net Income 2020: $53,9752020Revenue 2021: $101,205Expenses 2021: $83,060Net Income 2021: $18,1452021Revenue 2022: $49,239Expenses 2022: $76,272Net Income 2022: -$27,0332022Revenue 2023: $52,007Expenses 2023: $38,503Net Income 2023: $13,5042023Revenue 2024: $62,919Expenses 2024: $65,119Net Income 2024: -$2,2002024Revenue 2025: $76,820Expenses 2025: $64,516Net Income 2025: $12,3042025

Highlighted filing

2025

Revenue$76,820
Expenses$64,516
Net Income$12,304
Jump To
Filing Snapshot
Filing Period
Nov 1, 2024 to Oct 31, 2025
Signed
Feb 5, 2026
Return Version
2024v5.0
Gross Receipts
$76,820
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.

Program Services

DescriptionGrantsExpenses
Integrate 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 clinics, over 30 on the water days of sailboat racing events and family sailing cruises as well as offshore excursions.$0$1,100
Community awareness of Valhalla Sailing Project's programs to promote suicide prevention amongst military veterans.$0$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael WoodDirector-$0--
Samuel HoloviakTreasurerPT$0--
Jeremy DublonExecutive DirectorPT$0--
Amy PantojaSecretaryPT$0--
Katie FreemanVice Director-$0--
James DarlingtonDirector-Boat ManagerPT$0--
Chris JungeDirector - Race MgrPT$0--
Filing and Contact Details

Filer

Filer Name
Valhalla Sailing Project Ltd
EIN
47-5260622
Phone
6785766029
Address
326 First St STE 401, Annapolis, MD 21403

Signing Officer

Name
Samuel J Holoviak
Title
Board Treasurer
Phone
6785766029
Signed
2026-02-05
Supplemental Narrative

Additional Explanations

Part I, Line 8

Refund of funds recovered from prior-year cyber fraud incident.

Part I, Line 10

Outbound contributions to other foundations.

Part I, Line 16

Boat slip fees, Dry storage fees. Boat licenses, boat permits, Boat Repair expenses, Insurance expenses, Open House expenses, Clinic expenses, Race and Regatta expenses

Part I, Line 20

Accelerated wear and reduction in value of boats resulting from frequent use in hands-on training sessions.

Part II, Line 24

Value of Boats used in training, value of all associated sails, equipment and devices used on boats and in the Training facility.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Refund of funds recovered from prior-year cyber fraud incident.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Outbound contributions to other foundations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Boat slip fees, Dry storage fees. Boat licenses, boat permits, Boat Repair expenses, Insurance expenses, Open House expenses, Clinic expenses, Race and Regatta expenses
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Samuel J Holoviak
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06785766029
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALHALLA SAILING PROJECT LTD
ReturnHeader/Filer/BusinessNameControlTxt0VALH
ReturnHeader/Filer/EIN0475260622
ReturnHeader/Filer/PhoneNum06785766029
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ReturnHeader/Filer/USAddress/CityNm0Annapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021403
ReturnHeader/ReturnTs02026-02-06T20:15:18Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-11-01
ReturnHeader/TaxPeriodEndDt02025-10-31
ReturnHeader/TaxYr02024

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)3 • <$500k nonprofits