Nonprofit · EIN 13-3753257
NEW YORK HARBOR SAILING FOUNDATION
Tax-exempt (reinstated) · JERSEY CITY, NJ 07302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $258,072 | $387,455 | -$129,383 | $107,261 | $20,000 | $87,261 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $127,136
- Program service revenue
- $153,419
- Investment income
- $2
- Net income from fundraising events
- -$22,485
- Other revenue
- -$22,485
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $64,949
- Salaries, compensation and benefits (total)
- $73,187
- Professional fundraising fees
- $0
- Depreciation
- $15,074
- Program services (functional)
- $378,461
- Management and general (functional)
- $8,994
Balance sheet and other
- Total assets, start of year
- $216,644
- Total assets, end of year
- $107,261
- Total liabilities, end of year
- $20,000
- Net assets, end of year
- $87,261
- Land, buildings and equipment
- $76,608
- Gross receipts
- $318,329
- Employees
- 13
- Volunteers
- 95
- Year formed
- 1993
- State of legal domicile
- NY
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 |
|---|---|---|---|
| JAMES CAVANAUGH | CHAIRMAN Trustee or director | 0.1 | $0 |
| MICHAEL DURAN | TREASURER Trustee or director, Officer | 0.1 | $0 |
| MICHAEL FORTENBAUGH | PRESIDENT Trustee or director, Officer | 4 | $0 |
| SCOTT CURTIS | SECRETARY Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- CO MANHATTAN YACHT CLUB 140 DUDLEY, JERSEY CITY, NJ 07302-0000
- In care of
- % MANHATTAN YACHT CLUB
- Principal officer (990 for 2024)
- MICHAEL FORTENBAUGH, 140 DUDLEY STREET, JERSEY CITY, NJ 07302
- Signed the 990
- MICHAEL FORTENBAUGH, PRESIDENT
- Phone
- (917) 816-3799
- Website
- WWW.NYHARBORSAILING.COM
- Return prepared by
- KSM BUSINESS SERVICES INC
Mission
TO FOSTER AMATEUR SAILING OF NATIONAL AND INTERNATIONAL IMPORTANCE IN NEW YORK HARBOR
Program accomplishments
- OPERATION OPTIMIST - A YOUTH TRAINING PROGRAM IN NEW YORK HARBOR USING INTERNATIONALLY RECOGNIZED OPTIMIST CLASS DINGHIES. 10 WEEK PROGRAM WITH 25 KIDS PER WEEK. SOME KIDS DO 1 WEEK, SOME TWO, ETC. AND SOME ALL SUMMER. IN 2024 THERE WERE 35 TOTAL PARTICIPANTS.Expenses $146,084 · revenue $153,419
- AMERICA'S CUP 12 METER "AMERICA II" - OPERATED THIS HISTORIC VESSEL IN NEW YORK HARBOR AS A SYMBOL OF THE HARBOR'S GROWTH AND RESURGENCE FOSTERED BY OUR FOUNDATION. IN 2024, 200 SUPPORTERS OF THE ORGANIZATION GOT TO SAIL ON THE AMERICA II TO VIEW THE HARBOR'S DEVELOPMENT.Expenses $231,907
- 12 METER REGATTA WAS A WEEKEND EVENT IN WHICH THE 12 METERS RACED AGAINST EACH OTHER AND 12 PEOPLE (PER BOAT) WERE ALLOWED TO BUY A TICKET TO RACE ON ONE OF THE BOATS.Expenses $470
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 | Check at the IRS |
IRS record
- EIN
- 13-3753257
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $107,261
- Income (IRS master file)
- $318,329
Revocation and reinstatement
- Exemption revoked
- May 15, 2024
- Posted by the IRS
- August 12, 2024
- Reinstated
- Effective May 15, 2024
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $258,072 | $387,455 | $107,261 | IRS |
| 990 | December 2020 | $125,454 | $217,452 | $257,721 | IRS |
| 990 | December 2019 | – | – | – | 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 13-3753257).
Questions about NEW YORK HARBOR SAILING FOUNDATION
- What is the EIN of NEW YORK HARBOR SAILING FOUNDATION?
- The employer identification number (EIN) of NEW YORK HARBOR SAILING FOUNDATION is 13-3753257.
- Is NEW YORK HARBOR SAILING FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
- Are donations to NEW YORK HARBOR SAILING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK HARBOR SAILING FOUNDATION 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 NEW YORK HARBOR SAILING FOUNDATION 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 NEW YORK HARBOR SAILING FOUNDATION 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 NEW YORK HARBOR SAILING FOUNDATION?
- The 990 for the year ended December 31, 2024 names MICHAEL FORTENBAUGH.
- Who are the officers and directors of NEW YORK HARBOR SAILING FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does NEW YORK HARBOR SAILING FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $258,072, expenses of $387,455 and total assets of $107,261 at year end.
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