Nonprofit · EIN 39-0929969
PEWAUKEE LAKE SAILING SCHOOL INC
Tax-exempt · PEWAUKEE, WI 53072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $432,739 | $268,141 | $164,598 | $1,501,945 | $0 | $1,501,945 |
| December 31, 2023 | 990 | $336,911 | $253,278 | $83,633 | $1,324,433 | $0 | $1,324,433 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $167,405
- Program service revenue
- $223,867
- Investment income
- $0
- Net rental income
- $41,467
- Other revenue
- $41,467
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $108,766
- Salaries, compensation and benefits (total)
- $144,028
- Professional fundraising fees
- $0
- Legal fees
- $4,966
- Accounting fees
- $1,656
- Occupancy
- $21,780
- Travel
- $3,229
- Depreciation
- $23,683
- Program services (functional)
- $237,361
- Management and general (functional)
- $29,155
- Fundraising (functional)
- $1,625
Balance sheet and other
- Total assets, start of year
- $1,324,433
- Total assets, end of year
- $1,501,945
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,501,945
- Land, buildings and equipment
- $1,021,779
- Gross receipts
- $432,739
- Employees
- 24
- Volunteers
- 15
- Year formed
- 1956
- State of legal domicile
- WI
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 |
|---|---|---|---|
| MIKE BOLAND | PRESIDENT Trustee or director, Officer | 10 | $0 |
| HEATHER EVANS | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| FRITZ GOOD | SECRETARY Trustee or director, Officer | 10 | $0 |
| RICHARD TY L GUTENKUNST II | TREASURER Trustee or director, Officer | 10 | $0 |
| BEN BIWER | BOARD MEMBER Trustee or director | 5 | $0 |
| GREG SIMON | BOARD MEMBER Trustee or director | 5 | $0 |
| KATE MANHART | BOARD MEMBER Trustee or director | 5 | $0 |
| KRIS O'DELL | BOARD MEMBER Trustee or director | 5 | $0 |
| MIKE BERKOWITZ | BOARD MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE BOLAND | PRESIDENT Trustee or director, Officer | 10 | $0 |
| HEATHER EVANS | VICE PRESIDENT Trustee or director, Officer | 5 | $0 |
| JENNIFER BARKER | SECRETARY Trustee or director, Officer | 10 | $0 |
| RICHARD TY L GUTENKUNST II | TREASURER Trustee or director, Officer | 10 | $0 |
| FRITZ GOOD | BOARD MEMBER Trustee or director | 5 | $0 |
| GREG SIMON | BOARD MEMBER Trustee or director | 5 | $0 |
| KATE MANHART | BOARD MEMBER Trustee or director | 5 | $0 |
| MARK COOPER | BOARD MEMBER Trustee or director | 5 | $0 |
| MIKE BERKOWITZ | BOARD MEMBER Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 457, PEWAUKEE, WI 53072-0457
- Principal officer (990 for 2024)
- RICHARD TY L GUTENKUNST, N20 W29668 E GLEN COVE RD, PEWAUKEE, WI 53072
- Signed the 990
- RICHARD TY L GUTENKUNST II, TREASURER
- Phone
- (414) 645-0200
- Website
- WWW.PLSS.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO TEACH THE SCIENCE OF SAILING AND THE APPLICABLE RULES AND LAWS OF THE SEA; TO TEACH THE PRINCIPLES OF LIFE SAVING, RESUSCITATION AND OTHER SAFETY MEASURES AS RECOMMENDED BY THE AMERICAN RED CROSS; TO TEACH THE THEORY AND PRINCIPLES OF HULLS AND SAILS; TO TEACH THE PRINCIPLES AND THEORY OF SEAMANSHIP AND NAVIGATION; AND TO USE FUNDS RECEIVED BY THE ORGANIZATION EXCLUSIVELY FOR EDUCATION, SCIENTIFIC AND CHARITABLE PURPOSES.
Program accomplishments
- SAILING CLASSES: TAUGHT SAILING CLASSES TO AREA YOUTH THROUGH DAYTIME OFFERINGS. ESTABLISHED LOCAL COMMUNITY OUTREACH PROGRAM FOR EVENING OFFERINGS THROUGH LOCAL PARK AND RECREATION DEPARTMENTS. APPROXIMATE NUMBER OF PARTICIPANTS WAS 163.Expenses $232,232 · revenue $157,214
- YOUTH TEAM: PROVIDED EQUIPMENT AND ORGANIZATIONAL SUPPORT FOR LOCAL HIGH SCHOOL SAILING THROUGH MYST PROGRAM. APPROXIMATE NUMBER OF PARTICIPANTS WAS 80.revenue $46,375
- HOSTED LOCAL AND NATIONAL REGATTAS FOR KIDS AGES 12 TO 18, TO QUALIFY FOR THE HIGH SCHOOL NATIONAL CHAMPIONSHIP REGATTA. TWO SEPARATE EVENTS, EACH LASTING TWO DAYS. APPROXIMATE NUMBER OF PARTICIPANTS WAS 150.Expenses $5,129 · revenue $20,278
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
- 39-0929969
- 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
- 1960
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,501,945
- Income (IRS master file)
- $432,739
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $432,739 | $268,141 | $1,501,945 | IRS |
| 990 | December 2023 | $336,911 | $253,278 | $1,324,433 | XML |
| 990 | December 2022 | $290,394 | $219,146 | $1,232,549 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 39-0929969).
Questions about PEWAUKEE LAKE SAILING SCHOOL INC
- What is the EIN of PEWAUKEE LAKE SAILING SCHOOL INC?
- The employer identification number (EIN) of PEWAUKEE LAKE SAILING SCHOOL INC is 39-0929969.
- Is PEWAUKEE LAKE SAILING SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1960.
- Are donations to PEWAUKEE LAKE SAILING SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEWAUKEE LAKE SAILING SCHOOL 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 PEWAUKEE LAKE SAILING SCHOOL INC 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 PEWAUKEE LAKE SAILING SCHOOL INC 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 PEWAUKEE LAKE SAILING SCHOOL INC?
- The 990 for the year ended December 31, 2024 names RICHARD TY L GUTENKUNST.
- Who are the officers and directors of PEWAUKEE LAKE SAILING SCHOOL INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PEWAUKEE LAKE SAILING SCHOOL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $432,739, expenses of $268,141 and total assets of $1,501,945 at year end.
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