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Nonprofit · EIN 31-1625735

TREASURE ISLAND SAILING CENTER FOUNDATION

Tax-exempt · SAN FRANCISCO, CA 94130

Financials

$1.2M$882K2021$665K$1.1M2023$538K$865K2024$375K$222K2025
Revenue Expenses · by fiscal year end
Financials of TREASURE ISLAND SAILING CENTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$374,536$222,159$152,377$4,331,853-$621$4,332,474
December 31, 2024990$538,128$864,993-$326,865$4,046,172$26,468$4,019,704
December 31, 2023990$664,989$1,051,442-$386,453$3,898,726$49,691$3,849,035
December 31, 2021990$1,166,489$882,045$284,444$4,716,242$65,897$4,650,345
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$42,741
of which government grants
$25,541
Program service revenue
$0
Investment income
$331,542
Net gain from sales of assets
$249,426
Other revenue
$253

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$76,505
Salaries, compensation and benefits (total)
$94,707
Professional fundraising fees
$0
Occupancy
$11,107
Management and general (functional)
$222,159

Balance sheet and other

Total assets, start of year
$4,046,172
Total assets, end of year
$4,331,853
Total liabilities, end of year
-$621
Net assets, end of year
$4,332,474
Land, buildings and equipment
$246,972
Publicly traded securities
$4,030,653
Net assets without donor restrictions
$1,396,457
Net assets with donor restrictions
$2,936,017
Gross receipts
$726,603
Employees
14
Year formed
1998
State of legal domicile
CA

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.

NameTitleHours / weekCompensation
William J HoehlerSec./Treas
Trustee or director, Officer
2$0
Paul HeinekenBoard Member
Trustee or director
2$0
Bill KreyslerChairman
Trustee or director, Officer
2$0
Doug SmithBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Christopher ChildersExecutive Dir.
Trustee or director, Officer
40$102,192
William J HoehlerSec./Treas
Trustee or director, Officer
2$0
Paul HeinekenBoard Member
Trustee or director
2$0
Bill KreyslerChairman
Trustee or director, Officer
2$0
Doug SmithBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Christopher ChildersExecutive Dir.
Trustee or director, Officer
40$59,000
Stuart Douglas PaineED/President
Trustee or director, Officer
40$56,154
William J HoehlerSec./Treas
Trustee or director, Officer
2$0
Paul HeinekenBoard Member
Trustee or director
2$0
Bill KreyslerChairman
Trustee or director, Officer
2$0
Doug SmithBoard Member
Trustee or director
2$0
990 for the year ended December 31, 2021: 5 people
NameTitleHours / weekCompensation
Carisa Harris-AdamsonPresident
Trustee or director, Officer
10$0
William J HoehlerSecretary/Treasurer
Trustee or director, Officer
8$0
Paul HeinekenBoard Member
Trustee or director
2$0
Bill KreyslerBoard Member
Trustee or director
2$0
Doug SmithBoard Member
Trustee or director
2$0

Address and contacts

Address (IRS master file)
698 CALIFORNIA AVE, SAN FRANCISCO, CA 94130-1705
In care of
% BILL HOEHLER
Principal officer (990 for 2025)
William J Hoehler, 698 California Avenue 112, San Francisco, CA 94130
Signed the 990
William J Hoehler, Sec./Treas
Phone
(415) 421-2225
Return prepared by
Alan Lee CPA Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 31-1625735 or by the name TREASURE ISLAND SAILING CENTER FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TISC students participate in positive, skill building experiences learning water safety, responsibility, respect, communication, teamwork, leadership, and appreciation for their environment. TISC is a large scale, multiuser, year round sailing school on San Francisco Bay operated by dedicated staff and volunteers, emphasizing full community involvement by offering access to all, regardless of financial ability.

990 for the year ended December 31, 2025

Program accomplishments

  • The Treasure Island Sailing Center provides instructional and recreational sailing opportunities to youth and adults of all abilities and socioeconomic backgrounds from the San Francisco Bay Area. However,the Board and management decided to pause operations and programs for two to three years, as the City of San Francisco has moved to rebuild the newest neighborhood of Treasure Island and to accelerate improvements in the new home center.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-1625735
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,331,853
Income (IRS master file)
$726,603

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$374,536$222,159$4,331,853XML
990December 2024$538,128$864,993$4,046,172XML
990December 2023$664,989$1,051,442$3,898,726XML
990December 2022$916,574$1,063,802$3,736,644IRS
990December 2021$1,166,489$882,045$4,716,242XML
990December 2020–––IRS
990December 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 31-1625735).

Questions about TREASURE ISLAND SAILING CENTER FOUNDATION

What is the EIN of TREASURE ISLAND SAILING CENTER FOUNDATION?
The employer identification number (EIN) of TREASURE ISLAND SAILING CENTER FOUNDATION is 31-1625735.
Is TREASURE ISLAND SAILING CENTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to TREASURE ISLAND SAILING CENTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TREASURE ISLAND SAILING CENTER 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 TREASURE ISLAND SAILING CENTER FOUNDATION 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 TREASURE ISLAND SAILING CENTER FOUNDATION 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 TREASURE ISLAND SAILING CENTER FOUNDATION?
The 990 for the year ended December 31, 2025 names William J Hoehler.
Who are the officers and directors of TREASURE ISLAND SAILING CENTER FOUNDATION?
The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does TREASURE ISLAND SAILING CENTER FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $374,536, expenses of $222,159 and total assets of $4,331,853 at year end.

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