Civic Intelligence

Triumph Sails Inc.

990EZ • Fiscal year 2023 • EIN 88-4120219

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

PO Box 922South Orleans, MA 02662

(907) 252-1151

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

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

243%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

14th percentile

-40%

Faster revenue growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$15,951

Up $11,300 (+243%) from 2022

Net Assets

Up

$15,951

Up $11,300 (+243%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$20,462

Down $13,538 (-40%) from 2022

Expenses

Down

$9,162

Down $20,840 (-69%) from 2022

Net Income

Up

$11,300

Up $7,302 (+183%) from 2022

Historical Trend

Balance Sheet Trend

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

$20K$15K$10K$5.0K$0Assets 2022: $4,651Net Assets 2022: $4,6512022Assets 2023: $15,951Net Assets 2023: $15,9512023Assets 2024: $11,218Net Assets 2024: $11,2182024

Highlighted filing

2023

Assets$15,951
Liabilities-
Net Assets$15,951

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2022: $34,000Expenses 2022: $30,002Net Income 2022: $3,9982022Revenue 2023: $20,462Expenses 2023: $9,162Net Income 2023: $11,3002023Revenue 2024: $12,754Expenses 2024: $17,485Net Income 2024: -$4,7312024

Highlighted filing

2023

Revenue$20,462
Expenses$9,162
Net Income$11,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$20,462
Mission and Program Overview

Mission

Environmental & maritime education

Program Services

DescriptionGrantsExpenses
TRIUMPH SAILS, INC. IS FORMED TO SAVE THE HISTORIC KETCH TRIUMPH. THE ESSEL HAD FALLEN INTO DISPAIR AND NEEDED SIGNIFICANT RENOVATION AND ONGOING MAINTENANCE. THROUGH FUNDRAISING, AND MEMBERSHIP THE RESTORATION OF TRIUMPH IS COMPLETE AND IS BETTER THAN EVER, SAFE, AND AVAILABLE TO ENJOY ON PLEASANT BAY. TRIUMPH SAILS IS BUILDING COMMUNITY THROUGH A LOVE OF SAILING WITH GUIDED SAILS AND SAILING LESSONS, PROVIDING MARITIME EDUCATION AND EXPERIENCE THAT PROMOTE THE CONSERVATION OF THE PLEASANT BAY MARINE ECO- SYSTEM THROUGH COMMUNITY PROGRAMS AND OPPORTUNITIES TO SAIL ON THE BAY.-$8,909
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SYLVIA GUILD BEAUDOINPresident-$0--
EDWARD R CARPENTER JRVice Preside-$0--
CHRISTOPHER GALAZZIClerk-$0--
ELISE FEDERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Triumph Sails Inc
EIN
88-4120219
Phone
9072521151
Address
PO BOX 922, SOUTH ORLEANS, MA 02662

Signing Officer

Name
Sylvia Guild Beaudoin
Title
President
Phone
9072521151
Signed
2024-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Sanders Walsh & Eaton Cpas LLC
Address
PO BOX F, OSTERVILLE, MA 02655
Preparer
Joseph F Mcgee CPA
Phone
5084280790
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses licenses, fees, permits 35 office and postage 90 bank charges 16 restoration 2,831 repairs 3,514 mooring & slippage 2,356 excise tax 192 total 9,034

Form 990-ez, Part III, Line 28

Triumph sails, inc. Is formed to save the historic ketch triumph. The essel had fallen into dispair and needed significant renovation and ongoing maintenance. Through fundraising, and membership the restoration of triumph is complete and is better than ever, safe, and available to enjoy on pleasant bay. Triumph sails is building community through a love of sailing with guided sails and sailing lessons, providing maritime education and experience that promote the conservation of the pleasant bay marine eco- system through community programs and opportunities to sail on the bay.

Raw XML Appendix125 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHRISTOPHER GALAZZI
IRS990EZ/BooksInCareOfDetail/PhoneNum09072521151
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024 TOMS HOLLOW ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ORLEANS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002109
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04651
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015951
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020462
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04651
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015951
IRS990EZ/GrossReceiptsAmt020462
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04651
IRS990EZ/NetAssetsOrFundBalancesEOYAmt015951
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04651
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt015951
IRS990EZ/OccupancyRentUtltsAndMaintAmt0128
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SYLVIA GUILD BEAUDOIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EDWARD R CARPENTER JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTOPHER GALAZZI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ELISE FEDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09034
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ENVIRONMENTAL & MARITIME EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TRIUMPH SAILS, INC. IS FORMED TO SAVE THE HISTORIC KETCH TRIUMPH. THE ESSEL HAD FALLEN INTO DISPAIR AND NEEDED SIGNIFICANT RENOVATION AND ONGOING MAINTENANCE. THROUGH FUNDRAISING, AND MEMBERSHIP THE RESTORATION OF TRIUMPH IS COMPLETE AND IS BETTER THAN EVER, SAFE, AND AVAILABLE TO ENJOY ON PLEASANT BAY. TRIUMPH SAILS IS BUILDING COMMUNITY THROUGH A LOVE OF SAILING WITH GUIDED SAILS AND SAILING LESSONS, PROVIDING MARITIME EDUCATION AND EXPERIENCE THAT PROMOTE THE CONSERVATION OF THE PLEASANT BAY MARINE ECO- SYSTEM THROUGH COMMUNITY PROGRAMS AND OPPORTUNITIES TO SAIL ON THE BAY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08909
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09162
IRS990EZ/TotalProgramServiceExpensesAmt08909
IRS990EZ/TotalRevenueAmt020462
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TRIUMPHSAILS.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020462
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt059000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113462
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0113462
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt020462
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt059000
IRS990ScheduleA/Total509Grp/TotalAmt0113462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt020462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt034000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt059000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0113462
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES LICENSES, FEES, PERMITS 35 OFFICE AND POSTAGE 90 BANK CHARGES 16 RESTORATION 2,831 REPAIRS 3,514 MOORING & SLIPPAGE 2,356 EXCISE TAX 192 TOTAL 9,034
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRIUMPH SAILS, INC. IS FORMED TO SAVE THE HISTORIC KETCH TRIUMPH. THE ESSEL HAD FALLEN INTO DISPAIR AND NEEDED SIGNIFICANT RENOVATION AND ONGOING MAINTENANCE. THROUGH FUNDRAISING, AND MEMBERSHIP THE RESTORATION OF TRIUMPH IS COMPLETE AND IS BETTER THAN EVER, SAFE, AND AVAILABLE TO ENJOY ON PLEASANT BAY. TRIUMPH SAILS IS BUILDING COMMUNITY THROUGH A LOVE OF SAILING WITH GUIDED SAILS AND SAILING LESSONS, PROVIDING MARITIME EDUCATION AND EXPERIENCE THAT PROMOTE THE CONSERVATION OF THE PLEASANT BAY MARINE ECO- SYSTEM THROUGH COMMUNITY PROGRAMS AND OPPORTUNITIES TO SAIL ON THE BAY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVIA GUILD BEAUDOIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09072521151
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIUMPH SAILS INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIU
ReturnHeader/Filer/EIN0884120219
ReturnHeader/Filer/PhoneNum09072521151
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 922
ReturnHeader/Filer/USAddress/CityNm0SOUTH ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002662
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841894608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SANDERS WALSH & EATON CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX F
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OSTERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002655
ReturnHeader/PreparerPersonGrp/PhoneNum05084280790
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH F MCGEE CPA
ReturnHeader/ReturnTs02024-06-03T08:16:26-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SYLVIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BEAUDOIN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings