Nonprofit · EIN 42-1216123
CLEAR LAKE YACHT CLUB SAILING SCHOOL INC
Tax-exempt · CLEAR LAKE, IA 50428
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $55,233 | $74,691 | -$19,458 | $83,814 | $0 | $83,814 |
| December 31, 2024 | 990 | $63,598 | $68,336 | -$4,738 | $112,386 | $0 | $112,386 |
| December 31, 2023 | 990 | $126,391 | $46,319 | $80,072 | $112,985 | $0 | $112,985 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $19,599
- Program service revenue
- $35,634
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $30,451
- Salaries, compensation and benefits (total)
- $33,728
- Professional fundraising fees
- $0
- Accounting fees
- $375
- Occupancy
- $500
- Travel
- $1,668
- Depreciation
- $6,140
- Program services (functional)
- $74,691
Balance sheet and other
- Total assets, start of year
- $112,386
- Total assets, end of year
- $83,814
- Total liabilities, end of year
- $0
- Net assets, end of year
- $83,814
- Land, buildings and equipment
- $39,792
- Net assets without donor restrictions
- $83,814
- Gross receipts
- $55,233
- Employees
- 14
- Volunteers
- 12
- Year formed
- 1970
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNY AMBLE | SECRATARY/TR Trustee or director, Officer | 6 | $0 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREA TISOR | SECRATARY/TR Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREA TISOR | SECRATARY/TR Trustee or director, Officer | 6 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 327, CLEAR LAKE, IA 50428-0327
- Principal officer (990 for 2025)
- JENNY AMBLE, PO BOX 327, CLEAR LAKE, IA 50428
- Signed the 990
- JENNY AMBLE, SECRATARY/TREASURER
- Phone
- (515) 554-2013
- Website
- WWW.CLYCIOWA.COM
- Return prepared by
- HARRISON & ASSOCIATES CPAS PLLC
Mission
TO PROMOTE RECREATIONAL SAILING ON CLEAR LAKE, IA THROUGH SAILING CLASSES FOR CHILDREN AND ADULTS.
Program accomplishments
- TO PROMOTE RECREATIONAL SAILING ON CLEAR LAKE, IA THROUGH SAILING CLASSES FOR CHILDREN AND ADULTSExpenses $74,691 · revenue $35,634
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 | 990 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
- 42-1216123
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $83,814
- Income (IRS master file)
- $55,233
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $55,233 | $74,691 | $83,814 | XML |
| 990 | December 2024 | $63,598 | $68,336 | $112,386 | XML |
| 990 | December 2023 | $126,391 | $46,319 | $112,985 | XML |
| 990 | December 2022 | $79,851 | $77,124 | $36,113 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 42-1216123).
Questions about CLEAR LAKE YACHT CLUB SAILING SCHOOL INC
- What is the EIN of CLEAR LAKE YACHT CLUB SAILING SCHOOL INC?
- The employer identification number (EIN) of CLEAR LAKE YACHT CLUB SAILING SCHOOL INC is 42-1216123.
- Is CLEAR LAKE YACHT CLUB SAILING SCHOOL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to CLEAR LAKE YACHT CLUB SAILING SCHOOL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLEAR LAKE YACHT CLUB 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 CLEAR LAKE YACHT CLUB SAILING SCHOOL INC 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 CLEAR LAKE YACHT CLUB SAILING SCHOOL INC 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 CLEAR LAKE YACHT CLUB SAILING SCHOOL INC?
- The 990 for the year ended December 31, 2025 names JENNY AMBLE.
- Who are the officers and directors of CLEAR LAKE YACHT CLUB SAILING SCHOOL INC?
- The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does CLEAR LAKE YACHT CLUB SAILING SCHOOL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $55,233, expenses of $74,691 and total assets of $83,814 at year end.
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