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Nonprofiteer
← UNITED STATES SAILING FOUNDATON

Form 990 for tax year 2025

Filed by UNITED STATES SAILING FOUNDATON.

Totals

Total revenue
$245,461
Total expenses
$357,426
Contributions and grants received
$104,058
Grants paid
$283,852
Program service revenue
$0
Investment income
$141,403
Other revenue
$0
Total assets, end of year
$3,175,297
Total liabilities, end of year
$75,422
Net assets or fund balances, end of year
$3,099,875
Program services expenses (Part IX)
$298,767
Management and general expenses
$37,507
Fundraising expenses
$21,152
Program service expenses (Part III)
$298,767

Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $104,058

  • 3 · Investment income

    total $139,757 · excluded $139,757

  • 7a · Gross sales of assets other than inventory

    securities $202,269

  • 7b · Less cost or other basis and sales expenses

    securities $200,623

  • 7c · Gain or loss

    securities $1,646

  • 7d · Net gain or loss

    total $1,646 · excluded $1,646

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $283,852 · program services $283,852

  • 7 · Other salaries and wages

    total $24,183 · management and general $14,510 · fundraising $9,673

  • 8 · Pension plan contributions

    total $403 · management and general $241 · fundraising $162

  • 9 · Other employee benefits

    total $2,506 · management and general $1,504 · fundraising $1,002

  • 10 · Payroll taxes

    total $2,404 · management and general $1,442 · fundraising $962

  • 11g · Fees: other

    total $13,961 · program services $6,980 · management and general $6,981

  • 13 · Office expenses

    total $17,634 · program services $7,935 · management and general $9,699

  • 14 · Information technology

    total $12,264 · management and general $3,066 · fundraising $9,198

  • 17 · Travel

    total $219 · management and general $64 · fundraising $155

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,024 · end of year $63,561

  • 3 · Pledges and grants receivable

    beginning of year $234,609

  • 11 · Investments: publicly traded securities

    end of year $3,016,221

  • 12 · Investments: other securities

    beginning of year $2,724,638 · end of year $95,515

  • 17 · Accounts payable and accrued expenses

    end of year $73,575

  • 18 · Grants payable

    end of year $1,847

  • 27 · Net assets without donor restrictions

    beginning of year -$413,042 · end of year -$111,992

  • 28 · Net assets with donor restrictions

    beginning of year $3,373,313 · end of year $3,211,867

Mission and programs · 2025

Mission

THE US SAILING FOUNDATION WILL SECURE THE FINANCIAL INVESTMENT REQUIRED FOR THE US SAILING ASSOCIATION TO DEVELOP INNOVATIVE SOLUTIONS AND REVITALIZE OUR SPORT FOR THE FUTURE.

Activities or mission (Part I)

TO DIRECTLY SUPPORT A RELATED NON-PROFIT ORGANIZATION, THE UNITED STATES SAILING ASSOCIATION, INC.

  • TO PROVIDE SUPPORT FOR PROGRAMS DEVELOPED BY ITS RELATED ORGANIZATION, THE UNITED STATES SAILING ASSOCIATION, INC.

    Expenses $298,767 · Grants $283,852

As filed on the 2025 return.

Listed in Part VII

  • Brian Keane

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    5 + 10 related

  • Henry Brauer

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Cory Sertl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bob Kottler

    TREAURER (AS OF 11/25)

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Charlie Enright

    CHIEF EXECUTIVE OFFICER (AS OF 5/25

    Total calculated
    $214,150
    From this org
    $0
    From related orgs
    $210,816
    Other
    $3,334
    Hours/week
    3 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $177,483 related
    Bonus
    $0 + $33,333 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $3,334 related
    Filer's total
    $0 + $214,150 related

  • Monika Miller

    CHIEF FINANCIAL OFFICER (AS OF 6/25)

    Total calculated
    $94,696
    From this org
    $0
    From related orgs
    $91,642
    Other
    $3,054
    Hours/week
    3 + 42 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
16 September 2026
IRS schema version
2025v4.2
Source object
202632599349300418

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