Civic Intelligence

Sailsafe Foundation Ltd.

990EZ • Fiscal year 2023 • EIN 84-4029949

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 26, 2024

Organization ProfileN/A
122 Country Club DriveManhasset, NY 11030

(516) 241-9895

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Source year 2023

Asset Growth

6th percentile

-44%

Faster asset growth than 6% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$50,955

Down $39,538 (-44%) from 2022

Net Assets

Down

$50,955

Down $39,538 (-44%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$39,538

Up $30,046 (+317%) from 2022

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$100K$50K$0Assets 2021: $99,985Net Assets 2021: $99,9852021Assets 2022: $90,493Net Assets 2022: $90,4932022Assets 2023: $50,955Net Assets 2023: $50,9552023Assets 2024: $42,409Net Assets 2024: $42,4092024

Highlighted filing

2023

Assets$50,955
Liabilities-
Net Assets$50,955
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0Revenue 2021: $100,000Expenses 2021: $15Net Income 2021: $99,9852021Expenses 2022: $9,4922022Expenses 2023: $39,5382023Expenses 2024: $8,5462024

Highlighted filing

2023

Revenue-
Expenses$39,538
Net Income-
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 26, 2024
Return Version
2023v4.0
Mission and Program Overview

Mission

To provide improved safety in recreational and competitive sailing through research and education and hands on experience.

Program Services

DescriptionGrantsExpenses
TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.-$34,687
TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.-$4,851
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
COLIN CLARKEPresident/Di-$0--
KARA CLARKESecretary-$0--
JAMESON CLARKETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Sailsafe Foundation Ltd
EIN
84-4029949
Phone
5162419895
Address
122 COUNTRY CLUB DRIVE, MANHASSET, NY 11030

Signing Officer

Name
Colin Clarke
Title
President/director
Phone
5162419895
Signed
2024-01-26
Discuss with paid preparer
Yes

Preparer

Firm
Kvlsm Llp
Address
415 CROSSWAYS PARK DR STE C, WOODBURY, NY 11797-2055
Preparer
Jay Lipner CPA
Phone
5162940400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 4,851 total 4,851”

Form 990-ez, Part II, Line 24

“24,255 24,255 less accumulated depreciation 4,851 9,702 total 19,404 14,553”

Form 990-ez, Part III

“To provide improved safety in recreational and competitive sailing through research and education and hands on experience.”

Form 990-ez, Part III, Line 31

“To provide improved safety in recreational and competitive sailing through research and education and hands on experience.”

Raw XML Appendix118 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/PersonNm0KARA CLARKE
IRS990EZ/BooksInCareOfDetail/PhoneNum05162419895
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0122 COUNTRY CLUB RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MANHASSET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011030
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt071089
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036402
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-39538
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt034687
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090493
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090493
IRS990EZ/NetAssetsOrFundBalancesEOYAmt050955
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090493
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt050955
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0COLIN CLARKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KARA CLARKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMESON CLARKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt019404
IRS990EZ/OtherAssetsTotalDetail/EOYAmt014553
IRS990EZ/OtherExpensesTotalAmt04851
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034687
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14851
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039538
IRS990EZ/TotalProgramServiceExpensesAmt039538
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0100000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100000
IRS990ScheduleA/TotalSupportAmt0100000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NON-INVESTMENT DEPRECIATION 4,851 TOTAL 4,851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt124,255 24,255 LESS ACCUMULATED DEPRECIATION 4,851 9,702 TOTAL 19,404 14,553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0COLIN CLARKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05162419895
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAILSAFE FOUNDATION LTD
ReturnHeader/Filer/BusinessNameControlTxt0SAIL
ReturnHeader/Filer/EIN0844029949
ReturnHeader/Filer/PhoneNum05162419895
ReturnHeader/Filer/USAddress/AddressLine1Txt0122 COUNTRY CLUB DRIVE
ReturnHeader/Filer/USAddress/CityNm0MANHASSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011030
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271329764
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KVLSM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0415 CROSSWAYS PARK DR STE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117972055
ReturnHeader/PreparerPersonGrp/PhoneNum05162940400
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAY LIPNER CPA
ReturnHeader/ReturnTs02024-02-13T22:08:03-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0COLIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLARKE
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,955
Liabilities
-
Net assets
$50,955
Revenue
-
Expenses
$39,538
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.00$1.00$1.00$0.00$1.00