Civic Intelligence

Sail Sand Point

990 • Fiscal year 2015 • EIN 91-1928908

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 04, 2016

7861 62nd Ave NESeattle, WA 98115

(206) 525-8782

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.02x

Higher debt load relative to revenue than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

50th percentile

$63,538

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

67th percentile

6.3%

Faster asset growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

57th percentile

6.2%

Faster revenue growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,013,383

Up $59,830 (+6.3%) from 2014

Net Assets

Up

$998,503

Up $69,662 (+7.5%) from 2014

Liabilities

Down

$14,880

Down $9,832 (-40%) from 2014

Revenue

Up

$732,035

Up $42,664 (+6.2%) from 2014

Expenses

Up

$655,838

Up $64,599 (+11%) from 2014

Net Income

Down

$76,197

Down $21,935 (-22%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $701,618Liabilities 2011: $25,824Net Assets 2011: $675,7942011Assets 2012: $694,521Liabilities 2012: $19,114Net Assets 2012: $675,4072012Assets 2013: $887,166Liabilities 2013: $32,264Net Assets 2013: $854,9022013Assets 2014: $953,553Liabilities 2014: $24,712Net Assets 2014: $928,8412014Assets 2015: $1,013,383Liabilities 2015: $14,880Net Assets 2015: $998,5032015Assets 2016: $1,153,641Liabilities 2016: $77,676Net Assets 2016: $1,075,9652016Assets 2017: $1,254,792Liabilities 2017: $66,825Net Assets 2017: $1,187,9672017Assets 2018: $1,250,465Liabilities 2018: $66,319Net Assets 2018: $1,184,1462018Assets 2019: $1,310,988Liabilities 2019: $65,038Net Assets 2019: $1,245,9502019Assets 2020: $1,363,340Liabilities 2020: $24,671Net Assets 2020: $1,338,6692020Assets 2021: $1,555,569Liabilities 2021: $29,752Net Assets 2021: $1,525,8172021Assets 2022: $1,511,691Liabilities 2022: $31,260Net Assets 2022: $1,480,4312022Assets 2023: $1,694,094Liabilities 2023: $38,822Net Assets 2023: $1,655,2722023Assets 2024: $2,083,051Liabilities 2024: $44,405Net Assets 2024: $2,038,6462024

Highlighted filing

2015

Assets$1,013,383
Liabilities$14,880
Net Assets$998,503

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $395,7752011Revenue 2012: $439,573Expenses 2012: $453,001Net Income 2012: -$13,4282012Revenue 2013: $657,578Expenses 2013: $503,533Net Income 2013: $154,0452013Revenue 2014: $689,371Expenses 2014: $591,239Net Income 2014: $98,1322014Revenue 2015: $732,035Expenses 2015: $655,838Net Income 2015: $76,1972015Revenue 2016: $766,398Expenses 2016: $709,979Net Income 2016: $56,4192016Revenue 2017: $838,058Expenses 2017: $760,763Net Income 2017: $77,2952017Revenue 2018: $847,867Expenses 2018: $861,812Net Income 2018: -$13,9452018Revenue 2019: $1,189,059Expenses 2019: $1,140,421Net Income 2019: $48,6382019Revenue 2020: $677,244Expenses 2020: $584,524Net Income 2020: $92,7202020Revenue 2021: $974,167Expenses 2021: $787,021Net Income 2021: $187,1462021Revenue 2022: $872,944Expenses 2022: $978,906Net Income 2022: -$105,9622022Revenue 2023: $1,170,014Expenses 2023: $948,056Net Income 2023: $221,9582023Revenue 2024: $1,517,736Expenses 2024: $1,134,365Net Income 2024: $383,3712024

Highlighted filing

2015

Revenue$732,035
Expenses$655,838
Net Income$76,197
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 4, 2016
Return Version
2015v2.0
Gross Receipts
$802,148
Mission and Program Overview

Mission

Community boat center

Community Boating Center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$349,479$428,608▲ $79,129
Land, Buildings, and Equipment, Net$308,361$313,191▲ $4,830
Investments in Publicly Traded Securities$245,640$255,830▲ $10,190
Cash and Non-Interest-Bearing Accounts$45,065$15,752▼ $29,313
Prepaid Expenses and Deferred Charges$5,007$0▼ $5,007
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$953,553$1,013,383▲ $59,830
Other Assets Total$1$2▲ $1
Liabilities
Accounts Payable and Accrued Expenses$24,712$14,880▼ $9,832
Total Liabilities$24,712$14,880▼ $9,832
Net Assets / Fund Balance
Unrestricted Net Assets$700,311$768,223▲ $67,912
Temporarily Rstr Net Assets$228,530$230,280▲ $1,750
Total Net Assets Fund Balance$928,841$998,503▲ $69,662
Total Liabilities and Net Assets / Fund Balance$953,553$1,013,383▲ $59,830

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$263,694$354,293$617,987
Leasehold Improvements$49,497$29,547$79,044
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mary a WardExecutive DirectorFT$61,250$2,288$63,538

Board Members and Trustees

NameTitle
Kathy WadePresident
Andy MacdonaldVice President
Brialle EngelhartDirector
Gretchen WilliamsDirector
Loren DidomizioDirector
Shannon DoneganDirector
Thandi OnamiDirector
Todd CurrieDirector
Tommy StewartDirector
Wayne WagerDirector
Richard WattsSecretary
Darin ManneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,252
Program Service Revenue
$678,766
Investment Income
$16,178
Other Revenue
$6,839
All Other Contributions
$30,252
Change in Net Assets
$76,197
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$379,129
Other Expenses$257,561
Total Fundraising Expense$42,666
Grants and Similar Amounts Paid$19,148
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,531$55,091$8,759$267,381
Depreciation Depletion$67,532$1,017-$68,549
Current Officers, Directors, Trustees, and Key Employees$12,708$31,769$19,061$63,538
Occupancy$30,912$3,864$3,864$38,640
Insurance$27,648$2,551-$30,199
Payroll Taxes$19,611$7,844$2,715$30,170
All Other Expenses$18,456$3,488$494$22,438
Grants to Domestic Individuals$19,148--$19,148
Advertising$7,617-$6,142$13,759
Other Employee Benefits$10,526$2,208$764$13,498
Other Expenses$13,160$42$458$13,160
Fees for Services Other-$7,787-$7,787
Pension Plan Contributions$2,952$1,181$409$4,542
Conferences and Meetings-$3,789-$3,789
Office Expenses$3,307$394-$3,701
Travel$1,125--$1,125
Total Functional Expenses$492,147$121,025$42,666$655,838
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The return is prepared by a CPA and reviewed by the board of directors

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is updated every year and if there are any issues they are resolved at the time.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Available on request

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Sail Sand Point
EIN
91-1928908
Phone
2065258782
Address
7861 62ND AVE NE, SEATTLE, WA 98115

Signing Officer

Name
Mary a Ward
Title
Executive Director
Signed
2016-10-04
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
45
Volunteers
76

Preparer

Firm
Dave Bembridge CPA PS
Address
340 15th Ave East Ste 303, Seattle, WA 98112
Preparer
David G Bembridge CPA
Phone
2063237103
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0245640
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0255830
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0383840
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0308361
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0313191
IRS990/LandBldgEquipCostOrOtherBssAmt0697031
IRS990/LegalDomicileStateCd0WA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05502
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt062067
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Community Boating Center.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0928841
IRS990/NetAssetsOrFundBalancesEOYAmt0998503
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-803
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt09380
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt08577
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03339
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt03339
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt0-2642
IRS990/NetUnrlzdGainsLossesInvstAmt0-6535
IRS990/NoncashContributionsAmt0394
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt03864
IRS990/OccupancyGrp/ManagementAndGeneralAmt03864
IRS990/OccupancyGrp/ProgramServicesAmt030912
IRS990/OccupancyGrp/TotalAmt038640
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0394
IRS990/OfficeExpensesGrp/ProgramServicesAmt03307
IRS990/OfficeExpensesGrp/TotalAmt03701
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01
IRS990/OtherAssetsTotalGrp/EOYAmt02
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0764
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02208
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010526
IRS990/OtherEmployeeBenefitsGrp/TotalAmt013498
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Taxes & Licenses
IRS990/OtherExpensesGrp/Desc2Credit Card Fee
IRS990/OtherExpensesGrp/Desc3Equipment Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt0458
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042
IRS990/OtherExpensesGrp/ProgramServicesAmt020787
IRS990/OtherExpensesGrp/ProgramServicesAmt118265
IRS990/OtherExpensesGrp/ProgramServicesAmt214862
IRS990/OtherExpensesGrp/ProgramServicesAmt313160
IRS990/OtherExpensesGrp/TotalAmt020787
IRS990/OtherExpensesGrp/TotalAmt118307
IRS990/OtherExpensesGrp/TotalAmt215320
IRS990/OtherExpensesGrp/TotalAmt313160
IRS990/OtherInd0X
IRS990/OtherRevenueMiscGrp/Desc0Advertising
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03500
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt03500
IRS990/OtherRevenueTotalAmt03500
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08759
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt055091
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0203531
IRS990/OtherSalariesAndWagesGrp/TotalAmt0267381
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02715
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07844
IRS990/PayrollTaxesGrp/ProgramServicesAmt019611
IRS990/PayrollTaxesGrp/TotalAmt030170
IRS990/PensionPlanContributionsGrp/FundraisingAmt0409
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01181
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02952
IRS990/PensionPlanContributionsGrp/TotalAmt04542
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05007
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Boat Storage
IRS990/ProgramServiceRevenueGrp/Desc1Learn to Sail
IRS990/ProgramServiceRevenueGrp/Desc2Open Sailing
IRS990/ProgramServiceRevenueGrp/Desc3Youth Coaching
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0123001
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1374245
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2144473
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt337047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0123001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1374245
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2144473
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt337047
IRS990/ProgSrvcAccomActy2Grp/Desc0Provided easy access to the water for 7666 non motorized sailing dinghys and kayaks year round.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt069093
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0267474
IRS990/ProgSrvcAccomActy3Grp/Desc02250 youth and adults spent over 10,098 hours experiencing the sport of sailing from May to October.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt031316
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06153
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt037047
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048733
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt012172
IRS990/PYInvestmentIncomeAmt050926
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0239914
IRS990/PYOtherRevenueAmt08105
IRS990/PYProgramServiceRevenueAmt0581607
IRS990/PYRevenuesLessExpensesAmt098132
IRS990/PYSalariesCompEmpBnftPaidAmt0339153
IRS990/PYTotalExpensesAmt0591239
IRS990/PYTotalRevenueAmt0689371
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt076197
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0374245
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0349479
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0428608
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt032227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt048733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017932
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0238951
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.04$2.04$1.52$1.13$0.38
2023Summary only. Only limited summary data is available for this year.$1.69$0.04$1.66$1.17$0.95$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.03$1.48$0.87$0.98$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.03$1.53$0.97$0.79$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.02$1.34$0.68$0.58$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.07$1.25$1.19$1.14$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.07$1.18$0.85$0.86$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.07$1.19$0.84$0.76$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.08$1.08$0.77$0.71$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.01$1.00$0.73$0.66$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.02$0.93$0.69$0.59$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.85$0.66$0.50$0.15
2012Summary only. Only limited summary data is available for this year.$0.69$0.02$0.68$0.44$0.45$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.03$0.68$0.40