Civic Intelligence

Sail Orcas - a Sailing Education Foundation

990EZ • Fiscal year 2023 • EIN 91-2169349

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 22, 2024

PO Box 1226Eastsound, WA 98245

(360) 317-6427

Siviq Scores

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

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

30th percentile

-7.8%

Higher net margin than 30% 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

23rd percentile

-20%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

67th percentile

22%

Faster revenue growth than 67% of similar nonprofits.

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

Assets

Down

$44,538

Down $11,059 (-20%) from 2022

Net Assets

Down

$42,647

Down $11,059 (-21%) from 2022

Liabilities

Flat

$1,891

Flat from 2022

Revenue

Up

$130,404

Up $23,808 (+22%) from 2022

Expenses

Up

$140,593

Up $30,496 (+28%) from 2022

Net Income

Down

-$10,189

Down $6,688 (-191%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $58,815Liabilities 2010: $16,963Net Assets 2010: $41,8522010Assets 2011: $53,259Liabilities 2011: $17,022Net Assets 2011: $36,2372011Assets 2012: $41,772Liabilities 2012: $14,860Net Assets 2012: $26,9122012Assets 2013: $33,699Liabilities 2013: $23Net Assets 2013: $33,6762013Assets 2014: $61,023Liabilities 2014: $10,000Net Assets 2014: $51,0232014Assets 2015: $85,985Liabilities 2015: $136Net Assets 2015: $85,8492015Assets 2016: $81,800Liabilities 2016: $266Net Assets 2016: $81,5342016Assets 2017: $97,853Liabilities 2017: $264Net Assets 2017: $97,5892017Assets 2018: $100,344Net Assets 2018: $100,3442018Assets 2019: $53,820Net Assets 2019: $53,8202019Assets 2020: $55,247Net Assets 2020: $55,2472020Assets 2021: $57,209Net Assets 2021: $57,2092021Assets 2022: $55,597Liabilities 2022: $1,891Net Assets 2022: $53,7062022Assets 2023: $44,538Liabilities 2023: $1,891Net Assets 2023: $42,6472023Assets 2024: $48,694Net Assets 2024: $48,6942024

Highlighted filing

2023

Assets$44,538
Liabilities$1,891
Net Assets$42,647

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $60,673Expenses 2010: $64,299Net Income 2010: -$3,6262010Revenue 2011: $64,086Expenses 2011: $69,701Net Income 2011: -$5,6152011Revenue 2012: $39,975Expenses 2012: $49,298Net Income 2012: -$9,3232012Revenue 2013: $53,998Expenses 2013: $47,234Net Income 2013: $6,7642013Revenue 2014: $102,915Expenses 2014: $85,568Net Income 2014: $17,3472014Revenue 2015: $105,590Expenses 2015: $70,764Net Income 2015: $34,8262015Revenue 2016: $78,519Expenses 2016: $82,834Net Income 2016: -$4,3152016Revenue 2017: $130,999Expenses 2017: $114,945Net Income 2017: $16,0542017Revenue 2018: $100,341Expenses 2018: $97,585Net Income 2018: $2,7562018Revenue 2019: $142,686Expenses 2019: $189,210Net Income 2019: -$46,5242019Revenue 2020: $26,267Expenses 2020: $24,847Net Income 2020: $1,4202020Revenue 2021: $91,588Expenses 2021: $89,625Net Income 2021: $1,9632021Revenue 2022: $106,596Expenses 2022: $110,097Net Income 2022: -$3,5012022Revenue 2023: $130,404Expenses 2023: $140,593Net Income 2023: -$10,1892023Revenue 2024: $141,956Expenses 2024: $135,909Net Income 2024: $6,0472024

Highlighted filing

2023

Revenue$130,404
Expenses$140,593
Net Income-$10,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 22, 2024
Return Version
2023v4.0
Gross Receipts
$130,404
Mission and Program Overview

Mission

Provide sailing and water safety education and awareness to residents of small, isolated island community located off the washington state coast.

Program Services

DescriptionGrantsExpenses
SAIL ORCAS PROVIDES SAIL TRAINING FOR ADULTS AND CHILDREN. THE CHILDREN'S PROGRAM COVERS BASIC SAILING AND SAIL RACING. THE ADULT PROGRAM CONSISTS OF A 12 HOUR CLASS FOR EACH STUDENT CONDUCTED OVER SEVERAL DAYS BY QUALIFIED INSTRUCTORS.-$108,769
SAIL ORCAS PROVIDES SAIL TRAINING FOR ADULTS AND CHILDREN. THE CHILDREN'S PROGRAM COVERS BASIC SAILING AND SAIL RACING. THE ADULT PROGRAM CONSISTS OF A 12 HOUR CLASS FOR EACH STUDENT CONDUCTED OVER SEVERAL DAYS BY QUALIFIED INSTRUCTORS.-$31,824
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BURKE THOMASPresident-$0--
CHRIS WOLFETreasurer-$0--
STEPHANIE ARNOLDDirector-$0--
BORIS LUCHTERHANDDirector-$0--
BETSY WAREHAMDirector-$0--
JUSTIN WOLFEDirector-$0--
YOTAM ZOHARDirector-$0--
BAYARD JOHNSONDirector-$0--
TAYLOR SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sail Orcas - a Sailing Education
EIN
91-2169349
Phone
3603176427
Address
PO BOX 1226, EASTSOUND, WA 98245

Signing Officer

Name
Burke Thomas
Title
President
Phone
3603176427
Signed
2024-01-22
Discuss with paid preparer
Yes

Preparer

Firm
Lake Kennedy Mcculloch Cpas Ps
Address
425 CAINES ST STE A, FRIDAY HARBOR, WA 98250-0971
Preparer
James Miles
Phone
3603782496
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 1,234 other admin fees 714 information technology 3,274 travel 16,390 insurance 10,503 instructor training 1,205 bank fees 2,910 volunteer expenses 796 regatta fees 1,653 safety 1,315 clothing & sailor gear 1,405 maintenance & repairs 8,135 fuel 653 sails & hardware 257 rounding 1 non-investment depreciation 10,141 total 60,586

Form 990-ez, Part I, Line 20

EQUITY ADJUSTMENT -870

Form 990-ez, Part II, Line 24

Accounts receivable 94 546 242,457 254,530 less accumulated depreciation 242,053 252,194 total 498 2,882

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,891 1,891

Form 990-ez, Part III

Provide sailing and water safety education and awareness to residents of small, isolated island community located off the washington state coast.

Form 990-ez, Part III, Line 28

Sail orcas provides sail training for adults and children. The children's program covers basic sailing and sail racing. The adult program consists of a 12 hour class for each student conducted over several days by qualified instructors.

Form 990-ez, Part III, Line 31

Sail orcas provides sail training for adults and children. The children's program covers basic sailing and sail racing. The adult program consists of a 12 hour class for each student conducted over several days by qualified instructors.

Raw XML Appendix167 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,234 OTHER ADMIN FEES 714 INFORMATION TECHNOLOGY 3,274 TRAVEL 16,390 INSURANCE 10,503 INSTRUCTOR TRAINING 1,205 BANK FEES 2,910 VOLUNTEER EXPENSES 796 REGATTA FEES 1,653 SAFETY 1,315 CLOTHING & SAILOR GEAR 1,405 MAINTENANCE & REPAIRS 8,135 FUEL 653 SAILS & HARDWARE 257 ROUNDING 1 NON-INVESTMENT DEPRECIATION 10,141 TOTAL 60,586
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUITY ADJUSTMENT -870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 94 546 242,457 254,530 LESS ACCUMULATED DEPRECIATION 242,053 252,194 TOTAL 498 2,882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,891 1,891
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDE SAILING AND WATER SAFETY EDUCATION AND AWARENESS TO RESIDENTS OF SMALL, ISOLATED ISLAND COMMUNITY LOCATED OFF THE WASHINGTON STATE COAST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SAIL ORCAS PROVIDES SAIL TRAINING FOR ADULTS AND CHILDREN. THE CHILDREN'S PROGRAM COVERS BASIC SAILING AND SAIL RACING. THE ADULT PROGRAM CONSISTS OF A 12 HOUR CLASS FOR EACH STUDENT CONDUCTED OVER SEVERAL DAYS BY QUALIFIED INSTRUCTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SAIL ORCAS PROVIDES SAIL TRAINING FOR ADULTS AND CHILDREN. THE CHILDREN'S PROGRAM COVERS BASIC SAILING AND SAIL RACING. THE ADULT PROGRAM CONSISTS OF A 12 HOUR CLASS FOR EACH STUDENT CONDUCTED OVER SEVERAL DAYS BY QUALIFIED INSTRUCTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$0.49$1.42$1.36$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$1.30$1.41$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.02$0.54$1.07$1.10$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.57$0.57$0.92$0.90$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.55$0.26$0.25$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.54$0.54$1.43$1.89$0.47
2018Detailed filing. Detailed filing data is available for this year.$1.00$1.00$1.00$0.98$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$1.31$1.15$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.79$0.83$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.06$0.71$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.10$0.51$1.03$0.86$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.54$0.47$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.15$0.27$0.40$0.49$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.17$0.36$0.64$0.70$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.17$0.42$0.61$0.64$0.04