Skip to content
Nonprofiteer
← All organizations

CORINTHIAN SAILING FOUNDATION INC

EIN 20-0597028 MARBLEHEAD, MA

Browse the largest nonprofits in Massachusetts

Revenue 2022
$12,019
Expenses 2022
$26,888

Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

As filed

Subsection
03
Street
1 NAHANT STREET

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2022

Primary exempt purpose

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO FOSTER, PROMOTE AND ENCOURAGE THE PARTICIPATION OF CHILDREN AND ADULTS IN YACHTING AND AMATEUR SPORTS, THROUGH EDUCATION, GRANTS AND ACTIVITIES.

  • GRANTS TO QUALIFIED UNRELATED ORGANIZATIONS PROMOTING SAILING

    Grants $26,800

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2022

As listed in Part VII of the 2022 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Patrick Donegan

    PRESIDENT, DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Patrick Donegan

    TREASURER, DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Lisa Smith

    SECTRETARY, DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • James H Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Patrick Donegan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Jim Raisides

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Miranda Bakos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0
  • Joan Thayer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

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. Earlier years are each on their own filing page.

Filings

  • 2022
    Revenue
    $12,019
    Expenses
    $26,888
    Contributions
    $11,902
    Grants paid
    $26,800

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990-EZ

    Revenue
    $7,404
    Expenses
    $21,704
    Assets (EOY)
    $64,966
  • 2020 · 990-EZ

    Revenue
    $12,794
    Expenses
    $9,113
    Assets (EOY)
    $79,266
  • 2019 · 990-EZ

    Revenue
    $13,171
    Expenses
    $9,511
    Assets (EOY)
    $75,585

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

  • Exemption revoked 15 May 2026.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2022, the newest we have parsed for this organization.