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Nonprofit · EIN 04-3222187

SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC

Tax-exempt · ROCKPORT, MA 01966

Financials

$128K$145K2023$200K$119K2024
Revenue Expenses · by fiscal year end
Financials of SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$199,514$118,835$80,679$188,384–$188,384
December 31, 2023990-EZ$128,452$144,789-$16,337$107,705–$107,705
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$99,513
Program service revenue
$94,857
Investment income
$5,083
Other revenue
$61

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$72,962
Professional fees and payments to contractors
$1,000
Occupancy
$13,000
Other expenses
$31,873
Program services (functional)
$118,835

Balance sheet and other

Total assets, start of year
$107,705
Total assets, end of year
$188,384
Total liabilities, end of year
–
Net assets, end of year
$188,384
Cash, savings and investments
$171,877
Gross receipts
$199,514

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MASON BROWNEPRESIDENT0$0
STORY REEDVICE PRESIDE0$0
CHARLES BROWNETREASURER0$0
ELLEN LIDINGTONSECRETARY0$0
ELIZABETH FLANAGANDIRECTOR0$0
JONATHAN HARTLDIRECTOR0$0
JOANNE LEVINDIRECTOR0$0
RUTH COLLIERDIRECTOR0$0
TOM HOERNERDIRECTOR0$0
RICHARD NOONANDIRECTOR0$0
LORI KAISERDIRECTOR0$0
990-EZ for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MASON BROWNEPRESIDENT0$0
STORY REEDVICE PRESIDE0$0
CHARLES BROWNETREASURER0$0
ELLEN LIDINGTONSECRETARY0$0
SARAH WILKINSONDIRECTOR0$0
ELIZABETH FLANAGANDIRECTOR0$0
JONATHAN HARTLDIRECTOR0$0
TIMOTHY PARKERDIRECTOR0$0
JANICE O'KEEFEDIRECTOR0$0
JOANNE LEVINDIRECTOR0$0
LOGAN WALSHDIRECTOR0$0
RUTH COLLIERDIRECTOR0$0

Address and contacts

Address (IRS master file)
5 T WHARF, ROCKPORT, MA 01966-1668
In care of
%
Signed the 990-EZ
MASON BROWNE, PRESIDENT
Phone
(978) 886-0147
Return prepared by
CHALMERS & ASSOCIATES CPAS

Mission

THE ORGANIZATION PROVIDES TO THE PUBLIC SAIL BOAT TRAINING INCLUDING ALL RELATED ASPECTS OF GOOD SEAMANSHIP AND SAFE BOATING. IN ADDTION THE ORGANIZATION AWARDS SCHOLARSHIPS TO QUALIFIED PERSONS FOR THE SAIL TRAINING.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PUBLIC SAIL BOAT TRAINING INCLUDING ALL RELATED ASPECTS OF GOOD SEAMANSHIP AND SAFE BOATING.
    Expenses $118,835

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
04-3222187
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$188,384
Income (IRS master file)
$199,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$199,514$118,835$188,384XML
990-EZDecember 2023$128,452$144,789$107,705XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3222187).

Questions about SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC

What is the EIN of SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC?
The employer identification number (EIN) of SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC is 04-3222187.
Is SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does SANDY BAY YACHT CLUB SAILING PROGRAM AND SCHOLARSHIP FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $199,514, expenses of $118,835 and total assets of $188,384 at year end.

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