Nonprofit · EIN 05-0399703
SAIL TO PREVAIL INC
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $761,539 | $587,140 | $174,399 | $2,568,476 | $41,967 | $2,526,509 |
| December 31, 2023 | 990 | $621,503 | $516,678 | $104,825 | $2,377,591 | $33,308 | $2,344,283 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $627,023
- Program service revenue
- $24,570
- Investment income
- $109,946
- Net gain from sales of assets
- -$17
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $10,010
- Compensation of officers, directors and key employees
- $182,775
- Other salaries and wages
- $66,066
- Salaries, compensation and benefits (total)
- $275,400
- Professional fundraising fees
- $0
- Accounting fees
- $15,686
- Occupancy
- $34,159
- Travel
- $30,085
- Depreciation
- $18,748
- Program services (functional)
- $456,985
- Management and general (functional)
- $74,775
- Fundraising (functional)
- $55,380
Balance sheet and other
- Total assets, start of year
- $2,377,591
- Total assets, end of year
- $2,568,476
- Total liabilities, end of year
- $41,967
- Net assets, end of year
- $2,526,509
- Land, buildings and equipment
- $142,307
- Publicly traded securities
- $57,986
- Net assets without donor restrictions
- $2,458,025
- Net assets with donor restrictions
- $68,484
- Gross receipts
- $761,556
- Employees
- 2
- Volunteers
- 32
- Year formed
- 1982
- State of legal domicile
- RI
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL CALLAHAN | EXECUTIVE DIRECTOR/SECRETA Trustee or director, Officer | 40 | $135,000 | $47,775 |
| DAVID KERINS ESQ | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| DEAN GESTAL | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| CHERYL MCCARTHY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER CULVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE HINMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICIA QUICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID WADDILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WENDY LOTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL CALLAHAN | EXECUTIVE DIRECTOR/SECRETA Trustee or director, Officer | 40 | $97,900 | $31,605 |
| DAVID KERINS ESQ | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| DEAN GESTAL | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| CHERYL MCCARTHY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTOPHER CULVER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GEORGE HINMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PATRICIA QUICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID WADDILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WENDY LOTZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1264, NEWPORT, RI 02840-0998
- In care of
- % MARY BETH / PAUL
- Principal officer (990 for 2024)
- PAUL CALLAHAN, 360 THAMES STREET, NEWPORT, RI 02840
- Signed the 990
- PAUL CALLAHAN, CHIEF EXECUTIVE OFFICER
- Phone
- (401) 849-8898
- Website
- WWW.SAILTOPREVAIL.ORG
- Return prepared by
- MULLEN SCORPIO & CERILLI
Mission
OUR NATIONAL DISABLED SAILING PROGRAM TEACHES CHILDREN AND ADULTS WITH DISABILITIES TO OVERCOME ADVERSITY THROUGH THERAPEUTIC SAILING. PARTICIPANTS INCLUDE INDIVIDUALS WITH MOST ANY DISABILITY - SUCH AS AUTISM, PARALYSIS, AND INTELLECTUAL DISABILITIES - AND WHEN APPROPRIATE, FAMILY MEMBERS AND CAREGIVERS ARE ENCOURAGED TO PARTICIPATE. WOUNDED U.S. MILITARY PERSONNEL ALSO TAKE PART THROUGH DEDICATED PROGRAMS. THE PEDIATRIC CANCER PROGRAM INCLUDES THE CHILDREN'S RESIDENT DOCTORS AND PARENTS. OVERALL, MORE THAN 1000 PARTICIPANTS ANNUALLY LEARN SAILING SKILLS IN A FLEET OF SPECIALLY ADAPTED SAILBOATS. SAIL TO PREVAIL IS INCREASINGLY PROMOTING THERAPEUTIC SAILING BY SHARING THE PROGRAM'S MORE THAN TWO DECADES OF SUCCESSFUL CONCEPTS, METHODOLOGIES AND EXPERIENCES WITH OTHER ORGANIZATIONS AND INDIVIDUALS WHO MIGHT HAVE A LASTING, POSITIVE EFFECT. THE GOAL IS TO INFORM AND EDUCATE PEOPLE THAT THERAPEUTIC SAILING CAN HAVE A MEANINGFUL DIFFERENCE IN THE LIVES OF PEOPLE WITH DISABILITIES.
Program accomplishments
- THE ADAPTIVE SAILING PROGRAM CHALLENGES ITS PARTICIPANTS IN SPECIALLY ADAPTED 20-FOOT SAILBOATS TO CONTRIBUTE WHAT THEY CAN IN A "HANDS ON" MANNER, NO MATTER HOW SEVERE THEIR DISABILITY. SAILING LESSONS RANGE FROM GROUP PROGRAMS TO HIGHLY CUSTOMIZED, INDIVIDUAL INSTRUCTION. BY STRONGLY ENCOURAGING DISABLED INDIVIDUALS TO BECOME ACTIVELY ENGAGED PARTICIPANTS, THE MEASURABLE OUTCOMES ARE IMPROVED SELF-CONFIDENCE, LEADERSHIP ABILITIES AND THE UNDERSTANDING OF TEAMWORK - NECESSARY AND VALUABLE LIFE SKILLS WHICH PARTICIPANTS MAY UTILIZE TO CONQUER CHALLENGES IN OTHER AREAS OF THEIR DAILY LIVES.Expenses $229,918 · grants $10,010 · revenue $24,570
- THE EDUCATION AND OUTREACH PROGRAM INTRODUCES THE CONCEPTS AND TOOLS THAT ULTIMATELY ENABLE THE PARTICIPANTS TO LEAD LIVES AS FULL, ENRICHING AND PRODUCTIVE AS POSSIBLE, WITH THE FOCUS OF CONTRIBUTING TO FAMILY AND SOCIETY. ADDITIONALLY, SAIL TO PREVAIL HAS EMBARKED ON INITIATIVES TO UTILIZE OUR PROGRAMS TO INCLUDE MEDICAL PERSONNEL, SPECIFICALLY RESIDENT DOCTORS IN TRAINING, TO ASSIST IN THEIR EDUCATION FOR AND WITH CHILDREN WITH DISABILITIES OR CRITICAL ILLNESS.Expenses $227,067
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 05-0399703
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E51Z)
- Assets (IRS master file)
- $2,568,476
- Income (IRS master file)
- $761,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $761,539 | $587,140 | $2,568,476 | XML |
| 990 | December 2023 | $621,503 | $516,678 | $2,377,591 | XML |
| 990 | December 2022 | $816,607 | $506,220 | $2,267,384 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 05-0399703).
Questions about SAIL TO PREVAIL INC
- What is the EIN of SAIL TO PREVAIL INC?
- The employer identification number (EIN) of SAIL TO PREVAIL INC is 05-0399703.
- Is SAIL TO PREVAIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to SAIL TO PREVAIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAIL TO PREVAIL 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 SAIL TO PREVAIL 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 SAIL TO PREVAIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAIL TO PREVAIL INC?
- The 990 for the year ended December 31, 2024 names PAUL CALLAHAN.
- Who are the officers and directors of SAIL TO PREVAIL INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $135,000 (PAUL CALLAHAN, EXECUTIVE DIRECTOR/SECRETA).
- How much revenue does SAIL TO PREVAIL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $761,539, expenses of $587,140 and total assets of $2,568,476 at year end.
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