Civic Intelligence

Davis Island Youth Sailing Foundation Inc.

990 • Fiscal year 2014 • EIN 59-3004295

May 01, 2013 to Apr 30, 2014 • Filed on Feb 16, 2015

301 W Platt StRoom/Suite 21633606

(813) 258-1158

Siviq Scores

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

Liabilities / Assets

76th percentile

0.09x

Higher debt load relative to assets than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

43rd percentile

0.5%

Higher net margin than 43% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

54th percentile

4.4%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$143,039

Up $5,991 (+4.4%) from 2013

Net Assets

Up

$130,039

Up $1,123 (+0.9%) from 2013

Liabilities

Up

$13,000

Up $4,868 (+60%) from 2013

Revenue

Up

$232,094

Up $40,963 (+21%) from 2013

Expenses

Up

$230,971

Up $40,303 (+21%) from 2013

Net Income

Up

$1,123

Up $660 (+143%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $249,559Liabilities 2011: $10,5002011Assets 2012: $161,142Liabilities 2012: $32,6892012Assets 2013: $137,048Liabilities 2013: $8,132Net Assets 2013: $128,9162013Assets 2014: $143,039Liabilities 2014: $13,000Net Assets 2014: $130,0392014Assets 2015: $143,458Liabilities 2015: $3,454Net Assets 2015: $140,0042015Assets 2016: $167,450Liabilities 2016: $4,413Net Assets 2016: $163,0372016Assets 2017: $165,374Liabilities 2017: $5,612Net Assets 2017: $159,7622017Assets 2018: $152,065Liabilities 2018: $6,812Net Assets 2018: $145,2532018Assets 2019: $138,857Liabilities 2019: $0Net Assets 2019: $138,8572019Assets 2020: $116,995Liabilities 2020: $0Net Assets 2020: $116,9952020Assets 2021: $106,382Liabilities 2021: $103,018Net Assets 2021: $3,3642021Assets 2022: $383,520Liabilities 2022: $140,123Net Assets 2022: $243,3972022Assets 2023: $423,135Liabilities 2023: $166,688Net Assets 2023: $256,4472023

Highlighted filing

2014

Assets$143,039
Liabilities$13,000
Net Assets$130,039

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $193,109Expenses 2011: $175,426Net Income 2011: $17,6832011Revenue 2012: $74,587Expenses 2012: $175,091Net Income 2012: -$100,5042012Revenue 2013: $191,131Expenses 2013: $190,668Net Income 2013: $4632013Revenue 2014: $232,094Expenses 2014: $230,971Net Income 2014: $1,1232014Revenue 2015: $247,373Expenses 2015: $237,408Net Income 2015: $9,9652015Revenue 2016: $262,331Expenses 2016: $239,298Net Income 2016: $23,0332016Revenue 2017: $215,857Expenses 2017: $219,132Net Income 2017: -$3,2752017Revenue 2018: $257,341Expenses 2018: $271,850Net Income 2018: -$14,5092018Revenue 2019: $311,653Expenses 2019: $318,050Net Income 2019: -$6,3972019Revenue 2020: $238,751Expenses 2020: $260,613Net Income 2020: -$21,8622020Revenue 2021: $147,419Expenses 2021: $261,050Net Income 2021: -$113,6312021Revenue 2022: $607,812Expenses 2022: $367,779Net Income 2022: $240,0332022Revenue 2023: $365,920Expenses 2023: $352,870Net Income 2023: $13,0502023

Highlighted filing

2014

Revenue$232,094
Expenses$230,971
Net Income$1,123
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Feb 16, 2015
Return Version
2013v4.0
Gross Receipts
$232,177
Mission and Program Overview

Mission

To provide youth with the opportunity to sail, through camps held during the summer and spring school breaks. To further provide youth with the opportunity to sail year-round through participation in regattas and through year long coaching programs.

To provide youth with the opportunity to sail, through camps held during the summer and spring school breaks. To further provide youth with the opportunity to sail year round through participation in regattas and through year long coaching programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$88,636$71,555▼ $17,081
Cash and Non-Interest-Bearing Accounts$45,743$67,842▲ $22,099
Accounts Receivable$2,669$3,642▲ $973
Total Assets$137,048$143,039▲ $5,991
Liabilities
Accounts Payable and Accrued Expenses$8,132$13,000▲ $4,868
Total Liabilities$8,132$13,000▲ $4,868
Net Assets / Fund Balance
Unrestricted Net Assets$128,916$130,039▲ $1,123
Total Net Assets Fund Balance$128,916$130,039▲ $1,123
Total Liabilities and Net Assets / Fund Balance$137,048$143,039▲ $5,991

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$71,555$62,561$134,116
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pat CourtneyPresident
Andy HaywardAt Large
Bob AbbergerAt Large
Sam ChildersAt Large
Tarry GrimsdaleEx Officio
Mark NelsonPower Boat a
Melissa JoynerSecretary
Kelly BaileyTreasurer
John LackeyVice Preside
Paul ShafferVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,154
Program Service Revenue
$214,119
Investment Income
$5
Other Revenue
$15,816
All Other Contributions
$979
Change in Net Assets
$1,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,352
Salaries, Compensation, and Employee Benefits$93,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$48,309$36,711-$85,020
All Other Expenses$15,091$10,722-$25,813
Depreciation Depletion$18,517--$18,517
Other Expenses$19,966$16,517-$16,517
Payroll Taxes$4,901$3,698-$8,599
Travel$7,071--$7,071
Total Functional Expenses$143,574$87,397$0$230,971
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,899
Fundraising Direct Expenses$83
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$15,899$15,899$83$15,816
Total Events$15,899$15,899$83$15,816
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
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board members will review the return before it is filed with the taxing authorities.

Form 990, Page 6, Part VI, Line 19

Documents are provided to the public upon request.

Filing and Contact Details

Filer

EIN
59-3004295
Phone
8132581158

Signing Officer

Name
Kelly Bailey
Title
Treasurer
Phone
8132581158
Signed
2015-02-16
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
25
Volunteers
30

Preparer

Preparer
Michael J Jaap CPA
Phone
8132542443
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide youth with the opportunity to sail, through camps held during the summer and spring school breaks. To further provide youth with the opportunity to sail year round through participation in regattas and through year long coaching programs.

Form 990, Part IX, Line 24E

Regatta expense 10,798 0 0 insurance 0 5,522 0 payroll service expense 1,453 1,097 0 team spirit expense 1,506 0 0 administrative expense 0 1,235 0 professional fees 0 1,175 0 dues & subscriptions 0 598 0 diyc- kitchen 0 565 0 saisa regatta expense 536 0 0 general team expense 473 0 0 diyc- slip fees 0 443 0 opti-green team expense 178 0 0 high school team expense 147 0 0 miscellaneous 0 87 0

Raw XML Appendix392 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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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0230023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0187686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0194743
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt092267
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0102077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0806796
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt059
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0123
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99940
IRS990ScheduleA/PublicSupportTotal509Amt0835251
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0232177
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0192586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0196913
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0100530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0113045
IRS990ScheduleA/Total509Grp/TotalAmt0835251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0232177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0192595
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0196917
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0100581
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0113104
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0835374
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt071555
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt062561
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0134116
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071555
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt083
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015899
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015899
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015899
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015899
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0ANNUAL SAILING
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015816
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt083
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt083
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE YOUTH WITH THE OPPORTUNITY TO SAIL, THROUGH CAMPS HELD DURING THE SUMMER AND SPRING SCHOOL BREAKS. TO FURTHER PROVIDE YOUTH WITH THE OPPORTUNITY TO SAIL YEAR ROUND THROUGH PARTICIPATION IN REGATTAS AND THROUGH YEAR LONG COACHING PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS WILL REVIEW THE RETURN BEFORE IT IS FILED WITH THE TAXING AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REGATTA EXPENSE 10,798 0 0 INSURANCE 0 5,522 0 PAYROLL SERVICE EXPENSE 1,453 1,097 0 TEAM SPIRIT EXPENSE 1,506 0 0 ADMINISTRATIVE EXPENSE 0 1,235 0 PROFESSIONAL FEES 0 1,175 0 DUES & SUBSCRIPTIONS 0 598 0 DIYC- KITCHEN 0 565 0 SAISA REGATTA EXPENSE 536 0 0 GENERAL TEAM EXPENSE 473 0 0 DIYC- SLIP FEES 0 443 0 OPTI-GREEN TEAM EXPENSE 178 0 0 HIGH SCHOOL TEAM EXPENSE 147 0 0 MISCELLANEOUS 0 87 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0137048
IRS990/TotalAssetsEOYAmt0143039
IRS990/TotalAssetsGrp/BOYAmt0137048
IRS990/TotalAssetsGrp/EOYAmt0143039
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02154
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt087397
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0143574
IRS990/TotalFunctionalExpensesGrp/TotalAmt0230971
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08132
IRS990/TotalLiabilitiesEOYAmt013000
IRS990/TotalLiabilitiesGrp/BOYAmt08132
IRS990/TotalLiabilitiesGrp/EOYAmt013000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0128916
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0130039
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt018415
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt018415
IRS990/TotalProgramServiceExpensesAmt0143574
IRS990/TotalProgramServiceRevenueAmt0214119
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0214124
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0232094
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0137048
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0143039
IRS990/TravelGrp/ProgramServicesAmt07071
IRS990/TravelGrp/TotalAmt07071
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0128916
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0130039
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.DIYC.ORG/YOUTH-SAILING
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY BAILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08132581158
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine10DAVIS ISLAND YOUTH SAILING
ReturnHeader/Filer/BusinessName/BusinessNameLine20FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0593004295
ReturnHeader/Filer/PhoneNum08132581158
ReturnHeader/Filer/USAddress/AddressLine10301 W PLATT ST
ReturnHeader/Filer/USAddress/AddressLine20ROOM/SUITE 216
ReturnHeader/Filer/USAddress/City0TAMPA
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode033606
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592483803
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SANTANA BYRD & JAAP PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10211 S BOULEVARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0TAMPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0336062101
ReturnHeader/PreparerPersonGrp/PhoneNum08132542443
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J JAAP CPA
ReturnHeader/ReturnTs02015-03-06T16:42:02-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-01
ReturnHeader/TaxPeriodEndDt02014-04-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.23$1.67$2.56$3.66$3.53$0.13
2022Summary only. Only limited summary data is available for this year.$3.84$1.40$2.43$6.08$3.68$2.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$1.03$0.03$1.47$2.61$1.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.17$2.39$2.61$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.00$1.39$3.12$3.18$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.07$1.45$2.57$2.72$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.06$1.60$2.16$2.19$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.04$1.63$2.62$2.39$0.23
2015Summary only. Only limited summary data is available for this year.$1.43$0.03$1.40$2.47$2.37$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.43$0.13$1.30$2.32$2.31$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.08$1.29$1.91$1.91$0.00
2012Summary only. Only limited summary data is available for this year.$1.61$0.33$0.75$1.75$1.01
2011Summary only. Only limited summary data is available for this year.$2.50$0.11$1.93$1.75$0.18