Totals
- Total revenue
- $288,939
- Total expenses
- $212,481
- Contributions and grants received
- $128,060
- Grants paid
- $156,616
- Program service revenue
- $0
- Investment income
- $88,953
- Other revenue
- $71,926
- Total assets, end of year
- $1,955,805
- Total liabilities, end of year
- $47,547
- Net assets or fund balances, end of year
- $1,908,258
- Program services expenses (Part IX)
- $184,997
- Management and general expenses
- $27,484
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $184,997
Program services were 87.1% 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.
-
1c · Fundraising events
$60,050
-
1f · All other contributions, gifts and grants
$68,010
-
3 · Investment income
total $61,737 · excluded $61,737
-
7a · Gross sales of assets other than inventory
securities $142,835
-
7b · Less cost or other basis and sales expenses
securities $115,619
-
7c · Gain or loss
securities $27,216
-
7d · Net gain or loss
total $27,216 · excluded $27,216
-
8a · Fundraising events: gross income
$83,356
-
8a · Fundraising events: contributions included on line 1c
$60,050
-
8b · Fundraising events: direct expenses
$11,430
-
8c · Net income from fundraising events
total $71,926 · excluded $71,926
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $102,405 · program services $102,405
-
2 · Grants to domestic individuals
total $54,211 · program services $54,211
-
11c · Fees: accounting
total $11,065 · management and general $11,065
-
11f · Fees: investment management
total $6,613 · management and general $6,613
-
11g · Fees: other
total $4,000 · management and general $4,000
-
12 · Advertising and promotion
total $2,787 · program services $2,787
-
13 · Office expenses
total $2,062 · management and general $2,062
-
14 · Information technology
total $423 · management and general $423
-
22 · Depreciation, depletion and amortization
total $25,594 · program services $25,594
-
23 · Insurance
total $1,694 · management and general $1,694
-
24a · Other expenses: POSTAGE
total $703 · management and general $703
-
24b · Other expenses: BANK CHARGES
total $567 · management and general $567
-
24c · Other expenses: FOREIGN TAXES
total $237 · management and general $237
-
24d · Other expenses: TAXES & LICENSES
total $120 · management and general $120
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $66,798 · end of year $94,684
-
10a · Land, buildings and equipment: cost or other basis
$89,910
-
10b · Land, buildings and equipment: accumulated depreciation
$85,231
-
10c · Land, buildings and equipment, net
beginning of year $30,273 · end of year $4,679
-
11 · Investments: publicly traded securities
beginning of year $1,684,237 · end of year $1,825,242
-
15 · Other assets
beginning of year $39,100 · end of year $31,200
-
18 · Grants payable
beginning of year $12,186 · end of year $17,536
-
19 · Deferred revenue
beginning of year $30,011 · end of year $30,011
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,778,211 · end of year $1,908,258
Mission and programs · 2024
Mission
PROMOTE YOUTH SAILING.
Activities or mission (Part I)
PROMOTE YOUTH SAILING
-
PROMOTED YOUTH SAILING ACTIVITIES BY PROVIDING EQUIPMENT, FACILITIES AND FREE OR LOW COST INSTRUCTION TO YOUNG INDIVIDUALS BY QUALIFIED TEACHERS. MATERIALS FOR EDUCATION IN SAILING SKILLS PROVIDED. PROVIDED GRANTS FOR VARIOUS EVENTS.
Expenses $184,997 · Grants $156,616
As filed on the 2024 return.
Listed in Part VII
-
David S WalkerDAVID S WALKER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 6
-
Mark MaymarMARK MAYMAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas LaceyTHOMAS LACEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kyle ElliottKYLE ELLIOTT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Craig HealyCRAIG HEALY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Glenn IsaacsonGLENN ISAACSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
James O EllisJAMES O ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Danny SheaDANNY SHEA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Grant BaldwinGRANT BALDWIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Lucy CarricoLUCY CARRICO
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Adam RobertsADAM ROBERTS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Patty YoungPATTY YOUNG
DIRECTOR AND GRANT CHAIR
- Total calculated
- $0
- Hours/week
- 2.5
-
Lucy WilmontLUCY WILMONT
DIRECTOR AND SCHOLARSHIPS
- Total calculated
- $0
- Hours/week
- 0.5
-
Don JesbergDON JESBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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.
Grants on this return
-
$80,000
CHARITABLE/EDUCATIONAL
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 19 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202502309349301560
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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