Nonprofit · EIN 23-2796032
LIBERTY SAILING CLUB INC
Tax-exempt · PHILADELPHIA, PA 19106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $210,329 | $193,091 | $17,238 | $212,250 | $202 | $212,048 |
| December 31, 2024 | 990-EZ | $183,451 | $155,384 | $28,067 | $194,942 | $133 | $194,809 |
| December 31, 2023 | 990-EZ | $180,733 | $162,579 | $18,154 | $170,152 | $3,410 | $166,742 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,121
- Program service revenue
- $188,298
- Investment income
- $2,940
- Net income from gaming
- $5,140
- Other revenue
- $16,970
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $195
- Accounting fees
- $995
- Occupancy
- $31,314
- Depreciation
- $20,616
- Program services (functional)
- $137,587
- Management and general (functional)
- $34,888
Balance sheet and other
- Total assets, start of year
- $194,943
- Total assets, end of year
- $212,250
- Total liabilities, end of year
- $202
- Net assets, end of year
- $212,048
- Land, buildings and equipment
- $58,079
- Net assets without donor restrictions
- $212,048
- Gross unrelated business income
- $12,130
- Gross receipts
- $210,329
- Employees
- 0
- Year formed
- 1992
- State of legal domicile
- PA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SEAN CULLEN | VICE COMMODORE Officer | 0 | $0 |
| FRANK STAUSS | ASST TREASURER Officer | 0 | $0 |
| LINDA JAN | REAR COMMODORE Officer | 0 | $0 |
| CASEY VAUGHAN | Treasurer Officer | 0 | $0 |
| LAURA ANN NESS | SECRETARY Officer | 0 | $0 |
| MARK GIRARDOT | COMMODORE Officer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GIRARDOT | VICE COMMODORE | 0 | $0 |
| FRANK STAUSS | ASST TREASURER | 0 | $0 |
| JP BLACK | REAR COMMODORE | 0 | $0 |
| CASEY VAUGHAN | Treasurer | 0 | $0 |
| LAURA ANN NESS | SECRETARY | 0 | $0 |
| MARK SIDELL | COMMODORE | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK GIRARDOT | REAR COMMODORE | 0 | $0 |
| FRANK STAUSS | ASST TREASURER | 0 | $0 |
| JP BLACK | VICE COMMODORE | 0 | $0 |
| CASEY VAUGHAN | Treasurer | 0 | $0 |
| LAURA ANN NESS | SECRETARY | 0 | $0 |
| MARK SIDELL | VICE COMMODORE | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 161 N 2ND ST, PHILADELPHIA, PA 19106-2010
- Principal officer (990 for 2025)
- CASEY VAUGHAN, 161 N 2ND STREET, PHILADELPHIA, PA 19106
- Signed the 990
- CASEY VAUGHAN, Treasurer
- Phone
- (301) 602-0337
- Website
- www.libertysailing.com
- Return prepared by
- Murray and Becker LLC
Mission
SAILING CLUB TO PROVIDE SAILING OPPORTUNITIES TO ITS MEMBERS.
Program accomplishments
- SOCIAL SAILING AND CHARTER CRUISES
- SOCIAL EVENTS HELD THROUGHTOUT THE YEAR
- ORGANIZED BOAT RACING AND RACING CLINICS
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-2796032
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $212,250
- Income (IRS master file)
- $210,329
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $210,329 | $193,091 | $212,250 | XML |
| 990-EZ | December 2024 | $183,451 | $155,384 | $194,942 | IRS |
| 990-EZ | December 2023 | $180,733 | $162,579 | $170,152 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 23-2796032).
Questions about LIBERTY SAILING CLUB INC
- What is the EIN of LIBERTY SAILING CLUB INC?
- The employer identification number (EIN) of LIBERTY SAILING CLUB INC is 23-2796032.
- Is LIBERTY SAILING CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1997.
- Are donations to LIBERTY SAILING CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LIBERTY SAILING CLUB 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 LIBERTY SAILING CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIBERTY SAILING CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LIBERTY SAILING CLUB INC?
- The 990 for the year ended December 31, 2025 names CASEY VAUGHAN.
- Who are the officers and directors of LIBERTY SAILING CLUB INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does LIBERTY SAILING CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $210,329, expenses of $193,091 and total assets of $212,250 at year end.
Other nonprofits in PHILADELPHIA
- TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA EIN 23-1352685 · last filed 990 for 2025
- THE CHILDRENS HOSPITAL OF PHILADELPHIA EIN 23-1352166 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY HOSPITAL EIN 23-2829095 · last filed 990 for 2025
- TEMPLE UNIVERSITY HOSPITAL INC EIN 23-2825878 · last filed 990 for 2025
- HEALTH PARTNERS PLANS INC EIN 23-2379751 · last filed 990 for 2024
- TEMPLE UNIVERSITY-OF THE COMMONWEALTH SYSTEM OF HIGHER EDUC EIN 23-1365971 · last filed 990 for 2025
- THOMAS JEFFERSON UNIVERSITY EIN 23-1352651 · last filed 990 for 2025
- DREXEL UNIVERSITY EIN 23-1352630 · last filed 990 for 2025