Nonprofit · EIN 23-7324566
AMERICAN SAIL TRAINING ASSOCIATION
Tax-exempt · NEWPORT, RI 02840
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $479,795 | $414,354 | $65,441 | $914,258 | $837,887 | $76,371 |
| December 31, 2023 | 990 | $1,235,446 | $1,511,955 | -$276,509 | $776,223 | $571,217 | $205,006 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $370,031
- of which government grants
- $69,432
- Membership dues
- $76,410
- Program service revenue
- $82,289
- Investment income
- $18,893
- Other revenue
- $8,582
Expenses
- Grants and similar amounts paid
- $8,000
- Compensation of officers, directors and key employees
- $52,146
- Other salaries and wages
- $130,763
- Salaries, compensation and benefits (total)
- $209,616
- Professional fundraising fees
- $0
- Legal fees
- $3,794
- Accounting fees
- $33,650
- Program services (functional)
- $275,642
- Management and general (functional)
- $138,712
Balance sheet and other
- Total assets, start of year
- $776,223
- Total assets, end of year
- $914,258
- Total liabilities, end of year
- $837,887
- Net assets, end of year
- $76,371
- Publicly traded securities
- $574,641
- Net assets without donor restrictions
- -$407,931
- Net assets with donor restrictions
- $484,302
- Gross receipts
- $479,795
- Employees
- 3
- Volunteers
- 34
- Year formed
- 1973
- 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 |
|---|---|---|---|---|
| STUART GILFILLEN | Executive Dir. Officer | 40 | $46,877 | $5,269 |
| SIMON COLLEY | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| NATHAN HAUSER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM SABATINI | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MEIGHAN | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL TURDO | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| AARON SINGH | Director Trustee or director | 0.5 | $0 | $0 |
| BRUCE HEYMAN | Director Trustee or director | 0.5 | $0 | $0 |
| CHASE JACKSON | Director Trustee or director | 0.5 | $0 | $0 |
| CHRISTOPHER NOLAN | Director Trustee or director | 0.5 | $0 | $0 |
| GARY JOBSON | Director Trustee or director | 0.5 | $0 | $0 |
| HARRY GRAVES | Director Trustee or director | 0.5 | $0 | $0 |
| JAMES KERR | Director Trustee or director | 0.5 | $0 | $0 |
| JAMES NADEAU | Director Trustee or director | 0.5 | $0 | $0 |
| MARCUS ASANTE | Director Trustee or director | 0.5 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK BUZBY | Director Trustee or director | 0.5 | $0 |
| MARK SCIBINICO | Director Trustee or director | 0.5 | $0 |
| PATRICIA LOCK | Director Trustee or director | 0.5 | $0 |
| PETER TEBEAU | Director Trustee or director | 0.5 | $0 |
| ROBERT COOK | Director Trustee or director | 0.5 | $0 |
| SARAH ARMOUR | Director Trustee or director | 0.5 | $0 |
| STEFAN EDICK | Director Trustee or director | 0.5 | $0 |
| TRAVIS YATES | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRISTIN E VON WALD | EXECUTIVE DIRECTOR Officer | 30 | $49,875 |
| SIMON COLLEY | BOARD CHAIR AND PRESIDENT Officer | 0.1 | $0 |
| NATHAN HAUSER | VICE CHAIR Officer | 0.1 | $0 |
| WILLIAM SABATINI | VICE CHAIR Officer | 0.1 | $0 |
| MICHAEL MEIGHAN | TREASURER Officer | 0.1 | $0 |
| MICHAEL TURDO | SECRETARY Officer | 0.1 | $0 |
| AARON SINGH | DIRECTOR Trustee or director | 0.1 | $0 |
| BRUCE HEYMAN | DIRECTOR Trustee or director | 0.1 | $0 |
| CHASE JACKSON | DIRECTOR Trustee or director | 0.1 | $0 |
| CHRISTOPHER NOLAN | DIRECTOR Trustee or director | 0.1 | $0 |
| HARRY GRAVES | DIRECTOR Trustee or director | 0.1 | $0 |
| JAMES KERR | DIRECTOR Trustee or director | 0.1 | $0 |
| JOHN NADEAU | DIRECTOR Trustee or director | 0.1 | $0 |
| MARCUS ASANTE | DIRECTOR Trustee or director | 0.1 | $0 |
| MARK BUZBY | DIRECTOR Trustee or director | 0.1 | $0 |
| MARK SCIBINO | DIRECTOR Trustee or director | 0.1 | $0 |
| PATRICIA LOCK | DIRECTOR Trustee or director | 0.1 | $0 |
| PETER TEBEAU | DIRECTOR Trustee or director | 0.1 | $0 |
| SARAH ARMOUR | DIRECTOR Trustee or director | 0.1 | $0 |
| STEFAN EDICK | DIRECTOR Trustee or director | 0.1 | $0 |
| TRAVIS YATES | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1459, NEWPORT, RI 02840-0996
- Signed the 990
- STUART GILFILLEN, Executive Dir.
- Phone
- (401) 835-7714
- Return prepared by
- QRGA LLP
Mission
TO ENCOURAGE CHARACTER BUILDING THROUGH SAIL TRAINING, PROMOTE SAIL TRAINING TO THE NORTH AMERICAN PUBLIC, AND SUPPORT EDUCATION UNDER SAIL.
Program accomplishments
- CONFERENCE REGISTRATION AND SPONSORSHIP REVENUE - ASTAS ANNUAL CONFERENCE ON SAIL TRAINING AND TALL SHIPS. GATHERS SHIP MASTERS AND CREWMEMBERS, PORT REPRESENTATIVES AND FESTIVAL MANAGERS, PUBLIC OFFICIALS, MARINE SUPPLIERS, NAVAL ARCHITECTS, PRESERVATIONISTS, ENVIRONMENTALISTS, PROGRAM ADMIN AND EDUCATORS FOR AN INSPRIATIONAL AND INFORMATIONAL 3 DAY CONFERENCE. TOPICS CONCERNING VESSEL OPERATIONS, REGULATORY ISSUES, MAANGEMENT, EDUCATIONAL PROGRAMMING, AND SAFETY AT SEA ARE ADDRESSED EACH YEAR AS ARE SESSIONS ON MEDIA RELATIONS, MARKETING, FUNDING, COMMUNICATIONS AND PORT EVENT ORGANIZATION.Expenses $171,063
- TALL SHIPS CHALLENGES AND MEMBER SERVICES - SUPPORT FOR THE WORK OF SAIL TRAINING VESSELS AND PROGRAMS OF EDUCATION UNDER SAIL AND ORGANIZING EVENTS IN PORT CITIES DURING TALL SHIPS CHALLENGE SERIES.Expenses $104,579
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
- 23-7324566
- 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
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67Z)
- Assets (IRS master file)
- $914,258
- Income (IRS master file)
- $479,795
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $479,795 | $414,354 | $914,258 | IRS |
| 990 | December 2023 | $1,235,446 | $1,511,955 | $776,223 | XML |
| 990 | December 2022 | $668,177 | $474,542 | $0 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7324566).
Questions about AMERICAN SAIL TRAINING ASSOCIATION
- What is the EIN of AMERICAN SAIL TRAINING ASSOCIATION?
- The employer identification number (EIN) of AMERICAN SAIL TRAINING ASSOCIATION is 23-7324566.
- Is AMERICAN SAIL TRAINING ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to AMERICAN SAIL TRAINING ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN SAIL TRAINING ASSOCIATION 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 AMERICAN SAIL TRAINING ASSOCIATION 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 AMERICAN SAIL TRAINING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of AMERICAN SAIL TRAINING ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $46,877 (STUART GILFILLEN, Executive Dir.).
- How much revenue does AMERICAN SAIL TRAINING ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $479,795, expenses of $414,354 and total assets of $914,258 at year end.
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