Civic Intelligence

Sail for Reefs Inc

EIN 66-0993526 • 501(c)3 • San Juan, PR

Profile

Conservation and Ocean Habitat Restoration

2306 Laurel StSan Juan, PR 00913

sail4reefs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.08x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

37th percentile

-4.5%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

38th percentile

-11%

Faster asset growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

34th percentile

-16%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$74,882

Up $3,255 (+4.5%) from 2023

Liabilities

$8,000

No earlier filing loaded for comparison.

Net Assets

Down

$66,882

Down $4,745 (-6.6%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin37th percentile

Revenue

Up

$104,765

Up $98,765 (+1646%) from 2023

Expenses

Up

$109,510

Up $81,278 (+288%) from 2023

Net Income

Up

-$4,745

Up $17,487 (+79%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth38th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $93,859Net Assets 2022: $93,8592022Assets 2023: $71,627Net Assets 2023: $71,6272023Assets 2024: $74,882Liabilities 2024: $8,000Net Assets 2024: $66,8822024

Highlighted filing

2024

Assets$74,882
Liabilities$8,000
Net Assets$66,882
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $149,435Expenses 2022: $55,032Net Income 2022: $94,4032022Revenue 2023: $6,000Expenses 2023: $28,232Net Income 2023: -$22,2322023Revenue 2024: $104,765Expenses 2024: $109,510Net Income 2024: -$4,7452024

Highlighted filing

2024

Revenue$104,765
Expenses$109,510
Net Income-$4,745
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,882
Liabilities
$8,000
Net assets
$66,882
Revenue
$104,765
Expenses
$109,510
Net income
-$4,745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.75$0.08$0.67$1.05$1.10$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.72$0.06$0.28$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.94$1.49$0.55$0.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 21, 2025
Return Version
2024v5.2
Gross Receipts
$104,765
Mission and Program Overview

Mission

Conservation and Ocean Habitat Restoration

Program Services

DescriptionGrantsExpenses
We use aquatic sports as a powerful platform to educateand inspire communities about marine resource conservation through hands-on interaction with oceanecosystems and habitat restoration projects.$93,065$93,065
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Enrique FigueroaPresidentPT$0--
Antares RamosExecutive DirectorPT$0--
Kamil RiveraTreasurerPT$0--
Pedro RiosSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Sail For Reefs Inc
EIN
66-0993526
Phone
7872208750
Address
2306 Laurel St, San Juan, PR 00913

Signing Officer

Name
Antares Ramos
Title
Executive Director
Phone
7872208750
Signed
2025-03-21
Discuss with paid preparer
Yes

Preparer

Firm
Tax Americano
Address
10766 S US Hwy 1, Port St Lucie, FL 34952
Preparer
Maridalia Berrios-Morales
Phone
9546559600
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Depreciation 0.”

Form 990EZ, Part I, Line 16

“Bank Charges 120.”

Form 990EZ, Part I, Line 16

“Travel 190.”

Form 990EZ, Part I, Line 16

“Meals 495.”

Form 990EZ, Part I, Line 16

“Office Expense 12.”

Form 990EZ, Part I, Line 16

“Continued Education 16.”

Form 990EZ, Part I, Line 16

“Licenses 5.”

Form 990EZ, Part I, Line 16

“Uniforms 151.”

Form 990EZ, Part I, Line 16

“Computer & Internet 693.”

Form 990EZ, Part I, Line 16

“Dues & Subscriptions 170.”

Form 990EZ, Part I, Line 16

“Insurance 1182.”

Form 990EZ, Part I, Line 16

“Purchases Materials 2056.”

Form 990EZ, Part I, Line 16

“Small Tools & Equipment 223.”

Form 990EZ, Part I, Line 16

“Tolls & Parkings 6.”

Form 990EZ, Part I, Line 20

“Hobie 13058.”

Form 990EZ, Part II, Line 24

“Hobbie 0. 13058.”

Form 990EZ, Part II, Line 24

“Accounts Receivable 33004. 0.”

Form 990EZ, Part II, Line 24

“Loan to Quique Figueroa 0. 33004.”

Form 990EZ, Part II, Line 24

“Camera 0. 929.”

Form 990EZ, Part II, Line 24

“Drone 0. 836.”

Form 990EZ, Part II, Line 26

“Unearned Revenue 0. 8000.”

Raw XML Appendix188 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07872208750
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Juan
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd000913
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025565
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027055
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0104765
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4745
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0104191
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt058569
IRS990EZ/Form990TotalAssetsGrp/EOYAmt074882
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0104765
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt058569
IRS990EZ/NetAssetsOrFundBalancesEOYAmt066882
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt058569
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt066882
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Enrique Figueroa
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Antares Ramos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Kamil Rivera
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Pedro Rios
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt033004
IRS990EZ/OtherAssetsTotalDetail/EOYAmt047827
IRS990EZ/OtherChangesInNetAssetsAmt013058
IRS990EZ/OtherExpensesTotalAmt05319
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Conservation and Ocean Habitat Restoration
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0We use aquatic sports as a powerful platform to educateand inspire communities about marine resource conservation through hands-on interaction with oceanecosystems and habitat restoration projects.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt093065
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt093065
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109510
IRS990EZ/TotalProgramServiceExpensesAmt093065
IRS990EZ/TotalRevenueAmt0104765
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0[email protected]
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt06000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06000
IRS990ScheduleA/TotalSupportAmt06000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Charges 120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel 190.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals 495.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Office Expense 12.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Continued Education 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Licenses 5.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Uniforms 151.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Computer & Internet 693.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Dues & Subscriptions 170.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Insurance 1182.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Purchases Materials 2056.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Small Tools & Equipment 223.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Tolls & Parkings 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Hobie 13058.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Hobbie 0. 13058.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Receivable 33004. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Loan to Quique Figueroa 0. 33004.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Camera 0. 929.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Drone 0. 836.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Unearned Revenue 0. 8000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Antares Ramos
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07872208750
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sail For Reefs Inc
ReturnHeader/Filer/BusinessNameControlTxt0SAIL
ReturnHeader/Filer/EIN0660993526
ReturnHeader/Filer/PhoneNum07872208750
ReturnHeader/Filer/USAddress/AddressLine1Txt02306 Laurel St
ReturnHeader/Filer/USAddress/CityNm0San Juan
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PR
ReturnHeader/Filer/USAddress/ZIPCd000913
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0872617538
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax Americano
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010766 S US Hwy 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Port St Lucie
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034952
ReturnHeader/PreparerPersonGrp/PhoneNum09546559600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Maridalia Berrios-Morales
ReturnHeader/ReturnTs02025-10-31T14:57:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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