Form 990 for tax year 2022
Filed by NANTUCKET COMMUNITY SAILING INC.
Totals
- Total revenue
- $1,455,641
- Total expenses
- $1,474,855
- Contributions and grants received
- $1,052,434
- Grants paid
- $85,773
- Program service revenue
- $578,945
- Investment income
- $39,801
- Other revenue
- -$215,539
- Total assets, end of year
- $5,124,951
- Total liabilities, end of year
- $469,434
- Net assets or fund balances, end of year
- $4,655,517
- Program services expenses (Part IX)
- $1,101,336
- Management and general expenses
- $217,027
- Fundraising expenses
- $156,492
- Program service expenses (Part III)
- $1,101,336
Program services were 74.7% 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.
-
1b · Membership dues
$42,875
-
1c · Fundraising events
$527,443
-
1f · All other contributions, gifts and grants
$482,116
-
1g · Noncash contributions included above
$121,474
-
2a · Program service revenue: EDUCATIONAL PROGRAMS
total $532,898 · related or exempt $532,898
-
2b · Program service revenue: MEMBERSHIP DUES
total $22,625 · related or exempt $22,625
-
2c · Program service revenue: PROGRAM BOAT RENTAL
total $18,783 · related or exempt $18,783
-
2d · Program service revenue: PROGRAM CHARTER RENTAL
total $4,639 · related or exempt $4,639
-
3 · Investment income
total $27,105 · excluded $27,105
-
6a · Gross rents
real property $35,297 · personal property $24,350
-
6b · Less rental expenses
real property $30,262 · personal property $14,379
-
6c · Rental income or loss
real property $5,035 · personal property $9,971
-
6d · Net rental income or loss
total $15,006 · unrelated business $9,389 · excluded $5,617
-
7a · Gross sales of assets other than inventory
securities $713,890 · other assets $10,000
-
7b · Less cost or other basis and sales expenses
securities $699,685 · other assets $11,509
-
7c · Gain or loss
securities $14,205 · other assets -$1,509
-
7d · Net gain or loss
total $12,696 · excluded $12,696
-
8a · Fundraising events: gross income
$280,697
-
8a · Fundraising events: contributions included on line 1c
$527,443
-
8b · Fundraising events: direct expenses
$511,262
-
8c · Net income from fundraising events
total -$230,565 · excluded -$230,565
-
10a · Gross sales of inventory
$20
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $20 · related or exempt $20
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $85,773 · program services $85,773
-
5 · Compensation of officers, directors and key employees
total $157,568 · program services $9,454 · management and general $47,270 · fundraising $100,844
-
6 · Compensation of disqualified persons
total $7,944 · program services $7,944
-
7 · Other salaries and wages
total $565,094 · program services $477,276 · management and general $64,557 · fundraising $23,261
-
8 · Pension plan contributions
total $6,945 · program services $6,945
-
10 · Payroll taxes
total $61,015 · program services $42,100 · management and general $9,153 · fundraising $9,762
-
11c · Fees: accounting
total $20,750 · management and general $20,750
-
11g · Fees: other
total $2,518 · program services $1,954 · management and general $273 · fundraising $291
-
12 · Advertising and promotion
total $8 · program services $8
-
13 · Office expenses
total $61,342 · program services $46,289 · management and general $13,086 · fundraising $1,967
-
14 · Information technology
total $15,034 · program services $11,085 · management and general $2,522 · fundraising $1,427
-
16 · Occupancy
total $46,227 · program services $25,098 · management and general $18,782 · fundraising $2,347
-
17 · Travel
total $24,824 · program services $22,921 · fundraising $1,903
-
20 · Interest
total $15,043 · management and general $15,043
-
22 · Depreciation, depletion and amortization
total $156,765 · program services $117,715 · management and general $25,591 · fundraising $13,459
-
23 · Insurance
total $108,072 · program services $108,072
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $128,523 · program services $128,523
-
24b · Other expenses: OTHER OPERATING EXPENSE
total $11,410 · program services $10,179 · fundraising $1,231
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,000 · end of year $1,000
-
2 · Savings and temporary cash investments
beginning of year $871,920 · end of year $767,980
-
3 · Pledges and grants receivable
beginning of year $23,084 · end of year $5,000
-
4 · Accounts receivable
beginning of year $56,806 · end of year $22,496
-
9 · Prepaid expenses and deferred charges
beginning of year $2,223 · end of year $11,160
-
10a · Land, buildings and equipment: cost or other basis
$5,453,296
-
10b · Land, buildings and equipment: accumulated depreciation
$1,665,930
-
10c · Land, buildings and equipment, net
beginning of year $3,882,065 · end of year $3,787,366
-
11 · Investments: publicly traded securities
beginning of year $378,205 · end of year $447,873
-
15 · Other assets
beginning of year $0 · end of year $82,076
-
17 · Accounts payable and accrued expenses
beginning of year $24,568 · end of year $27,197
-
19 · Deferred revenue
beginning of year $792 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $514,805 · end of year $360,161
-
25 · Other liabilities
beginning of year $0 · end of year $82,076
-
27 · Net assets without donor restrictions
beginning of year $4,330,102 · end of year $4,289,536
-
28 · Net assets with donor restrictions
beginning of year $345,036 · end of year $365,981
Mission and programs · 2022
Mission
TO ENGAGE PEOPLE OF ALL AGES IN THE JOY OF SAILING, OFFERING ACCESS TO ALL NANTUCKET'S YOUTH, AND TEACHING EVERY PARTICIPANT IN OUR PROGRAMS ENDURING LIFE AND LEADERSHIP SKILLS, WITH A DEEP RESPECT FOR THE MARINE ENVIRONMENT.
Activities or mission (Part I)
TO PROVIDE AFFORDABLE SAILING INSTRUCTION AND ACCESS TO WATER SPORTS FOR THE NANTUCKET COMMUNITY.
-
NANTUCKET COMMUNITY SAILING (NCS) OFFERS A FULL RANGE OF YOUTH AND ADULT GROUP SAILING LESSONS, PRIVATE SAILING LESSONS, AND PROVIDES HOURLY RENTALS OF SAILBOATS, KAYAKS AND PADDLEBOARDS TO MEMBERS AND THE GENERAL PUBLIC. THE SAILING PROGRAMS ARE OFFERED FROM TWO LOCATIONS ON NANTUCKET, JETTIES BEACH AND POLPIS HARBOR. THE ORGANIZATION PROVIDES $150,000 IN YOUTH SAILING SCHOLARSHIPS AND FREE COMMUNITY OUTREACH TO UNDERSERVED CHILDREN AND ADULTS WHO WOULD OTHERWISE NOT BE ABLE TO GET OUT ON THE WATER. IN ADDITION, THE ORGANIZATION RUNS REGATTAS DURING THE SUMMER TO INCLUDE MORE PEOPLE IN THE SPORT OF SAILING AND AS FUNDRAISING EVENTS TO SUPPORT THE SAILING PROGRAMS. THE ORGANIZATION OPERATES THE PROGRAMS AND EVENTS WITH A FOCUS ON SUSTAINABILITY, AND COLLABORATES WITH OTHER NON-PROFIT ORGANIZATIONS TO MAINTAIN NANTUCKET'S WATER QUALITY.IN 2023 THE ORGANIZATION HAD 601 ENROLLMENTS IN YOUTH SAILING CLASSES OVER EIGHT WEEKS, REPRESENTING 433 UNIQUE STUDENTS. 35% OF THE STUDENTS ARE YEAR-ROUND NANTUCKET CHILDREN, AND THE ORGANIZATION PROVIDED $85,773 IN SCHOLARSHIPS TO 111 ISLAND CHILDREN. THE ORGANIZATION'S COMMUNITY OUTREACH PROGRAMS SERVED 550 CHILDREN AND ADULTS WITH FREE SAILING LESSONS, THERAPEUTIC SAILS, AND WATER SPORTS. NCS ALSO OFFERED PRIVATE SAILING LESSONS AND RENTALS OF SAILBOATS, KAYAKS AND PADDLEBOARDS TO WELL OVER 500 PEOPLE, FROM TODDLERS TO SENIOR CITIZENS.THE ORGANIZATION'S PRIMARY PROGRAM IS YOUTH GROUP SAILING LESSONS, FOR CHILDREN AGES 4 -18, OFFERED IN A RANGE OF SMALL SAILBOATS DEPENDING ON THE STUDENT'S LEVEL. THE SAILING INSTRUCTORS ARE ALL CERTIFIED AND HIGHLY QUALIFIED. THE CURRICULUM ENABLES EACH CHILD TO PROGRESS THROUGH THE SAILING CLASSES AND INCREASE THEIR SKILLS. SAILING INSTRUCTORS PERFORM COMPREHENSIVE STUDENT EVALUATIONS AT THE END OF THE SEASON AND ADVISE THE PARENTS ON A RECOMMENDED SKILL DEVELOPMENT PROGRAM FOR THE FOLLOWING YEAR. THE SECOND PROGRAM NANTUCKET COMMUNITY SAILING OFFERS IS COMMUNITY OUTREACH, WITH FREE OR HIGHLY SUBSIDIZED SAILING LESSONS AND WATER SPORTS TO UNDERSERVED CHILDREN AND ADULTS. THE OUTREACH CONSTITUENTS INCLUDE TODDLERS AND THEIR PARENT/CAREGIVER, CHILDREN FROM THE NANTUCKET BOYS & GIRLS CLUB, CHILDREN AND ADULTS WITH PHYSICAL AND/OR DEVELOPMENTAL DISABILITIES, THE ELDERLY, ADULTS WITH DEHABILITATING ILLNESS AND THEIR CAREGIVERS, AND THE NANTUCKET HIGH SCHOOL SAILING TEAM. THE THIRD PROGRAM AREA IS PROVIDING PRIVATE SAILING LESSONS AND RENTALS OF SAILBOATS AND WATER SPORTS EQUIPMENT, SUCH AS KAYAKS AND PADDLEBOARDS, TO MEMBERS AND THE GENERAL PUBLIC FROM THE JETTIES SAILING CENTER OVER EIGHT WEEKS. IN 2023 NCS OFFERED 394 PRIVATE LESSONS AND RENTED SAILBOATS AND WATER SPORTS EQUIPMENT TO OVER 400 PEOPLE. PEOPLE WHO PURCHASE JETTIES SAILING CENTER MEMBERSHIPS RECEIVE A DISCOUNT ON PRIVATE LESSONS AND FREE SAILBOAT AND WATER SPORTS EQUIPMENT RENTALS.
Expenses $1,101,336 · Grants $85,773 · Revenue $578,965
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Harry ReinHARRY REIN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Linda McGrathLINDA MCGRATH
1ST VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
West RiggsWEST RIGGS
2ND VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Scott UlmSCOTT ULM
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Penelope DeyPENELOPE DEY
TREASURER, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Wendy SykesWENDY SYKES
CLERK
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn Grant ZarrellaCAROLYN GRANT ZARRELLA
CLERK, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Sandy AdzickSANDY ADZICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom AnathanTOM ANATHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter BarrettPETER BARRETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barbara DesaiBARBARA DESAI
DIRECTOR, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Rob DiemarROB DIEMAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Page GosnellPAGE GOSNELL
DIRECTOR, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Chris GouldCHRIS GOULD
DIRECTOR, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Dan GropperDAN GROPPER
DIRECTOR, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Bill LiddleBILL LIDDLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracey MarshallTRACEY MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sue McCollumSUE MCCOLLUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Minou PalandjianMINOU PALANDJIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Arthur ReadeARTHUR READE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony SchweizerANTHONY SCHWEIZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Catherine SlatteryCATHERINE SLATTERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil SmithPHIL SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Julie SteindlerJULIE STEINDLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wink Van OgtropWINK VAN OGTROP
DIRECTOR, THRU 10/26/23
- Total calculated
- $0
- Hours/week
- 1
-
Tom WhiddenTOM WHIDDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick VitaNICK VITA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Diana L BrownDIANA L BROWN
PRESIDENT & CEO
- Total calculated
- $156,302
- From this org
- $131,250
- From related orgs
- $0
- Other
- $25,052
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,250
- Bonus
- $0
- Other
- $0
- Deferred
- $2,600
- Nontaxable benefits
- $22,452
- Filer's total
- $156,302
-
Pascal E AntoniettiPASCAL E ANTONIETTI
BOATS & EQUIPMENT MANAGER
- Total calculated
- $107,242
- From this org
- $105,100
- From related orgs
- $0
- Other
- $2,142
- Hours/week
- 40
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
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 16 September 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442609349301339
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.