Civic Intelligence

Baltimore Operation Sail Ltd.

990 • Fiscal year 2013 • EIN 52-1189578

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 21, 2014

3720 Dillon Street21224

(410) 522-7300

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

63rd percentile

9.4%

Higher net margin than 63% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

95th percentile

$60,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 21.7% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$348,063

Up $26,187 (+8.1%) from 2012

Net Assets

Up

$346,675

Up $26,326 (+8.2%) from 2012

Liabilities

Down

$1,388

Down $139 (-9.1%) from 2012

Revenue

$276,451

No earlier filing loaded for comparison.

Expenses

Down

$250,410

Down $221,468 (-47%) from 2012

Net Income

$26,041

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $164,581Liabilities 2010: $15Net Assets 2010: $164,5662010Assets 2011: $186,415Liabilities 2011: $176Net Assets 2011: $186,2392011Assets 2012: $321,876Liabilities 2012: $1,527Net Assets 2012: $320,3492012Assets 2013: $348,063Liabilities 2013: $1,388Net Assets 2013: $346,6752013Assets 2014: $337,393Liabilities 2014: $1,238Net Assets 2014: $336,1552014Assets 2015: $198,626Liabilities 2015: $521Net Assets 2015: $198,1052015Assets 2016: $135,038Liabilities 2016: $3,369Net Assets 2016: $131,6692016Assets 2017: $45,104Liabilities 2017: $8,672Net Assets 2017: $36,4322017Assets 2018: $45,940Liabilities 2018: $1,466Net Assets 2018: $44,4742018Assets 2019: $70,619Liabilities 2019: $2,637Net Assets 2019: $67,9822019Assets 2020: $77,345Liabilities 2020: $0Net Assets 2020: $77,3452020Assets 2021: $64,861Liabilities 2021: $2,003Net Assets 2021: $62,8582021Assets 2022: $161,039Liabilities 2022: $13,763Net Assets 2022: $147,2762022Assets 2023: $215,557Liabilities 2023: $125,305Net Assets 2023: $90,2522023Assets 2024: $200,758Liabilities 2024: $4,181Net Assets 2024: $196,5772024

Highlighted filing

2013

Assets$348,063
Liabilities$1,388
Net Assets$346,675

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $225,1532010Expenses 2011: $196,6692011Expenses 2012: $471,8782012Revenue 2013: $276,451Expenses 2013: $250,410Net Income 2013: $26,0412013Revenue 2014: $527,080Expenses 2014: $537,600Net Income 2014: -$10,5202014Revenue 2015: $136,703Expenses 2015: $274,753Net Income 2015: -$138,0502015Revenue 2016: $434,848Expenses 2016: $501,284Net Income 2016: -$66,4362016Revenue 2017: $257,836Expenses 2017: $353,073Net Income 2017: -$95,2372017Revenue 2018: $263,787Expenses 2018: $255,744Net Income 2018: $8,0432018Revenue 2019: $140,061Expenses 2019: $116,553Net Income 2019: $23,5082019Revenue 2020: $26,274Expenses 2020: $16,911Net Income 2020: $9,3632020Revenue 2021: $30,471Expenses 2021: $44,958Net Income 2021: -$14,4872021Revenue 2022: $545,286Expenses 2022: $460,868Net Income 2022: $84,4182022Revenue 2023: $28,198Expenses 2023: $85,222Net Income 2023: -$57,0242023Revenue 2024: $517,333Expenses 2024: $411,008Net Income 2024: $106,3252024

Highlighted filing

2013

Revenue$276,451
Expenses$250,410
Net Income$26,041
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 21, 2014
Return Version
2013v3.1
Gross Receipts
$276,451
Mission and Program Overview

Mission

To offer maritime programming

On an annual basis, Sail Baltimore welcomes visting ships to Baltimore's waterfront, including international tall ships, military vessels, educational and environmental ships. Through our visting ships program, participating vessels come and go throughout the year, from 1 day to several weeks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$261,132$287,208▲ $26,076
Savings and Temporary Cash Investments$52,487$52,897▲ $410
Land, Buildings, and Equipment, Net$7,824$6,607▼ $1,217
Prepaid Expenses and Deferred Charges$433$1,351▲ $918
Total Assets$321,876$348,063▲ $26,187
Liabilities
Unsecured Notes Loans Payable$1,503$848▼ $655
Accounts Payable and Accrued Expenses$24$540▲ $516
Total Liabilities$1,527$1,388▼ $139
Net Assets / Fund Balance
Unrestricted Net Assets$320,349$346,675▲ $26,326
Total Net Assets Fund Balance$320,349$346,675▲ $26,326
Total Liabilities and Net Assets / Fund Balance$321,876$348,063▲ $26,187

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,607$5,751$12,358
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura M StevensonExecutive DirectorFT$60,000$60,000

Board Members and Trustees

NameTitle
Swensen Paul PBoard Development Chair
Bader AimeeMarketing Committee Chair
Mcgeady Michael CVP Marketing/Event Chair
Nawrocki NanPresident
Bleinberger StephenBoard Member
Blinke Craig a JrBoard Member
Carpenter Eileen aBoard Member
De Goede Frits BethBoard Member
Garfield MaryBoard Member
Healy RosalindBoard Member
Hughes DuffBoard Member
Kassel TimothyBoard Member
Lang Robert M JrBoard Member
Maraziti MichaelBoard Member
Mcclung MichaelBoard Member
Mcdaniel MichaelBoard Member
Miller R RyanBoard Member
Naor DanBoard Member
Noto LawrenceBoard Member
O'MALLEY MARK PBoard Member
Russell PatrickBoard Member
Schiappacasse Richard LBoard Member
Suess DouglasBoard Member
Tobias GeoffreySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$275,764
Program Service Revenue
$0
Investment Income
$687
Other Revenue
$0
All Other Contributions
$227,087
Change in Net Assets
$26,041

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table8$32,597Fair Market Value (FMV)
Other Non Cash Contri Table43$19,446-
Other Non Cash Contri Table20$12,233Fair Market Value (FMV)
Other Non Cash Contri Table1$12,000Fair Market Value (FMV)
Works of Art5$8,087Fair Market Value (FMV)
Clothing and Household Goods-$1,523Fair Market Value (FMV)
Total Noncash Contributions77$85,886-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,912
Salaries, Compensation, and Employee Benefits$95,498
Total Fundraising Expense$14,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$104,431$10,329$14,875$129,635
Current Officers, Directors, Trustees, and Key Employees$60,000$0$0$60,000
Other Salaries and Wages$28,475$0$0$28,475
Occupancy$14,400$0$0$14,400
Payroll Taxes$7,023$0$0$7,023
Depreciation Depletion$0$2,557$0$2,557
Insurance$0$2,389$0$2,389
Fees for Services Accounting$0$2,130$0$2,130
Other Expenses$2,033$0$0$2,033
Fees for Services Legal$0$475$0$475
Travel$354$0$0$354
Conferences and Meetings$125$0$0$125
Total Functional Expenses$217,472$18,063$14,875$250,410
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$48,547$48,547$9,226$39,321
Total Events$48,547$48,547$12,566$35,981
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
52-1189578
Phone
4105227300

Signing Officer

Name
Laura Stevenson
Title
Executive Director
Phone
4105227300
Signed
2014-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Stevenson
Formed
1975
Legal Domicile
Md
Voting Board Members
27
Independent Board Members
27
Employees
3
Volunteers
100

Preparer

Preparer
Katrina Geety
Phone
4105517601
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The final form 990 is provided to the executive committe for their

Pt VI, Line 11B

review and approval before filing with the IRS.

Pt VI, Line 15A

The Executive committee approves the job position, then approves the

Pt VI, Line 15A

hiring and compensation.

Pt VI, Line 19

Governing documents are made available to the public upon written

Pt VI, Line 19

request.

Pt VI, Line 12C

The staff monitor and reports to the President.

Pt VI, Line 15B

The Executive committee approves the job position, then approves the

Pt VI, Line 15B

hiring and compensation. The same procedure applies as described

Pt VI, Line 15B

on line 15a.

Form 990, Part IX, Line 24F

Advertising 23494. 23494. Development 3561. 3561. Fundraising materials 3985. 3985. Gifts 513. 513. Computer expense 987. 987. Bank fees 618. 618. Parking 2669. 2669. Payroll services fee 1094. 1094. Postage 460. 460. Transportation 1745. 1745. Telephone 4552. 4552. Ship recruit 4261. 4261. Supplies 1042. 1042. Personal property taxes 330. 330. Welcoming/ship events 74931. 74931. Conference merchandises 1135. 1135. Prior period expense -1503. -1503. Event expense - bb&b 2013 tiki 6816. 6816. Dep

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IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP Marketing/Event Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17President
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Development Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt24Secretary
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IRS990/FormationYr01975
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IRS990/GoverningBodyVotingMembersCnt027
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InsuranceGrp/ProgramServicesAmt00
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/OtherExpensesGrp/Desc1Entertainment
IRS990/OtherExpensesGrp/Desc2Events
IRS990/OtherExpensesGrp/Desc3Printing
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IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0183
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
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IRS990/PrincipalOfficerNm0LAURA STEVENSON
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt026041
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RevenueAmt0236871
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052487
IRS990/SavingsAndTempCashInvstGrp/EOYAmt052897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0188258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0391245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100346
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089384
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0687
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01245
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01276
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04895
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleA/PublicSupportCY170Pct00.99440
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98970
IRS990ScheduleA/PublicSupportTotal170Amt0874451
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0188258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0391245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100346
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0874451
IRS990ScheduleA/TotalSupportAmt0879346
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt06607
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05751
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012358
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06607
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012566
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt048547
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt048547
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt048547
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt048547
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0BB&B 2013 Tiki
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035981
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09226
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09226
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03340

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.01$0.04$1.97$5.17$4.11$1.06
2023Detailed filing. Detailed filing data is available for this year.$2.16$1.25$0.90$0.28$0.85$0.57
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.14$1.47$5.45$4.61$0.84
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$0.30$0.45$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.26$0.17$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.03$0.68$1.40$1.17$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.46$0.01$0.44$2.64$2.56$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.45$0.09$0.36$2.58$3.53$0.95
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.03$1.32$4.35$5.01$0.66
2015Detailed filing. Detailed filing data is available for this year.$1.99$0.01$1.98$1.37$2.75$1.38
2014Detailed filing. Detailed filing data is available for this year.$3.37$0.01$3.36$5.27$5.38$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.48$0.01$3.47$2.76$2.50$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.02$3.20$4.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.00$1.86$1.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.00$1.65$2.25