Skip to main content

Nonprofit · EIN 27-2401579

BONE ISLAND REGATTA

Tax-exempt · SARASOTA, FL 34243

Financials

$21K$21K2025
Revenue Expenses · by fiscal year end
Financials of BONE ISLAND REGATTA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$21,009$21,336-$327$1,427–$1,427
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$20,983
Investment income
$26

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$21,336

Balance sheet and other

Total assets, start of year
$1,754
Total assets, end of year
$1,427
Total liabilities, end of year
–
Net assets, end of year
$1,427
Cash, savings and investments
$1,427
Gross receipts
$21,009

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ALICE PETRATDIRECTOR10$0

Address and contacts

Address (IRS master file)
4737 OAK RUN DR, SARASOTA, FL 34243-4537
In care of
% ALICE PETRAT
Mailing address (990-N for 2022)
4737 OAK RUN DRIVE, SARASOTA FL 34243
Principal officer (990-N for 2022)
ALICE PETRAT, 4737 OAK RUN DRIVE, SARASOTA FL 34243
Signed the 990-EZ
ALICE PETRAT, DIRECTOR
Phone
(941) 232-3635
Return prepared by
WALTERS & ASSOCIATES CPAS

Mission

PROVIDE A MULTI-COMMUNITY EVENT

990-EZ for the year ended December 31, 2025

Program accomplishments

  • MULTI COMMUNITY SAILBOAT EVENT

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-2401579
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2013
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1,427
Income (IRS master file)
$21,009

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025–––IRS
990-EZDecember 2024–––IRS
990-EZDecember 2023$18,180$18,074$1,754IRS
990-N for 2022
Officer: ALICE PETRAT
December 31, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about BONE ISLAND REGATTA

What is the EIN of BONE ISLAND REGATTA?
The employer identification number (EIN) of BONE ISLAND REGATTA is 27-2401579.
Is BONE ISLAND REGATTA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2013.
Are donations to BONE ISLAND REGATTA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BONE ISLAND REGATTA file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BONE ISLAND REGATTA 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 BONE ISLAND REGATTA last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of BONE ISLAND REGATTA?
The 990-N for 2022 names ALICE PETRAT.
Who are the officers and directors of BONE ISLAND REGATTA?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does BONE ISLAND REGATTA have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $21,009, expenses of $21,336 and total assets of $1,427 at year end.

Other nonprofits in SARASOTA

All nonprofits in SARASOTA · Florida · Arts, culture and humanities