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Nonprofit · EIN 38-3378118

BAY SAIL

Tax-exempt · BAY CITY, MI 48708

Financials

$59K$45K2024
Revenue Expenses · by fiscal year end
Financials of BAY SAIL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$59,162$44,842$14,320$328,566$278,274$50,292
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$59,162
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$3,060
Salaries, compensation and benefits (total)
$3,295
Professional fundraising fees
$0
Accounting fees
$4,590
Occupancy
$6,351
Program services (functional)
$35,096
Management and general (functional)
$9,746

Balance sheet and other

Total assets, start of year
$282,583
Total assets, end of year
$328,566
Total liabilities, end of year
$278,274
Net assets, end of year
$50,292
Land, buildings and equipment
$255,000
Net assets without donor restrictions
$50,292
Gross receipts
$59,162
Employees
1
Year formed
1998
State of legal domicile
MI

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.

NameTitleHours / weekCompensation
TERRY MILLERDIRECTOR
Trustee or director
2$0
JOE PARKERBOARD MEMBER
Trustee or director
2$0
BILL COBERLYVICE CHAIRMA
Officer
2$0
JOHN FLEMINGTREASURER
Officer
2$0
BRIAN JOHNSONDIRECTOR
Officer
2$0
PHILIP VELEZCHAIRMAN
Officer
2$0

Address and contacts

Address (IRS master file)
107 5TH STREET 2ND FLOOR, BAY CITY, MI 48708-4624
In care of
% SHIRLEY ROBERTS
Principal officer (990 for 2024)
PHILIP VELEZ, 107 5TH STREET 2ND FLOOR, BAY CITY, MI 48708
Signed the 990
PHILIP VELEZ, CHAIRMAN
Phone
(989) 893-1222
Return prepared by
QUAST JANKE & CO CPA'S PC

Mission

TO FOSTER ENVIRONMENTAL STEWARDSHIP OF THE SAGINAW BAY WATERSHED AND THE GREAT LAKES ECOSYSTEM, AND TO PROVIDE PERSONAL DEVELOPMENT OPPORTUNITIES FOR LEARNERS OF ALL AGES THROUGH SHIPBOARD AND LAND-BASED EDUCATIONAL EXPERIENCES.

990 for the year ended December 31, 2024

Program accomplishments

  • WINDWARD BOUND IS A LIVE-ABOARD VOYAGING EXPERIENCE FOR TEENS AGES 14 TO 18. THE TEENS SAIL ABOARD THE 85-FOOT SCHOONER APPLEDORE IV AND THE 65 SCHOONER APPLEDORE V. DURING THE VOYAGES, WE FOCUS ON SEAMANSHIP AND FRESHWATER SCIENCE, WHICH MEANS LEARNING THE ART OF TRADITIONAL SAILING AND STUDYING THE ECOLOGY OF THE LAKES YOU'RE SAILING ON.
    Expenses $27,322
  • ENVIRONMENTAL EDUCATION - EUCATION AND STUDY OF FRESH WATER ECOSYSTEMS
    Expenses $7,774
  • N/A
  • N/A

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-3378118
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
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$328,566
Income (IRS master file)
$59,162

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$318,919$322,274$282,583IRS
990-TDecember 2023–––IRS
990December 2022$269,957$349,924$282,417IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 BAY SAIL

What is the EIN of BAY SAIL?
The employer identification number (EIN) of BAY SAIL is 38-3378118.
Is BAY SAIL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to BAY SAIL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAY SAIL 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 BAY SAIL 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 BAY SAIL 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 BAY SAIL?
The 990 for the year ended December 31, 2024 names PHILIP VELEZ.
Who are the officers and directors of BAY SAIL?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does BAY SAIL have?
On its 990 for the year ended December 31, 2024 it reported revenue of $59,162, expenses of $44,842 and total assets of $328,566 at year end.

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