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Nonprofit · EIN 43-1956843

SKIFF SAILING FOUNDATION

Tax-exempt · ALBANY, CA 94706

Financials

$557K$999K2024
Revenue Expenses · by fiscal year end
Financials of SKIFF SAILING FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$557,141$999,484-$442,343$1,794,509$444,775$1,349,734
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$557,141
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$104,201
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$36,477
Depreciation
$772,905
Program services (functional)
$999,484

Balance sheet and other

Total assets, start of year
$2,261,107
Total assets, end of year
$1,794,509
Total liabilities, end of year
$444,775
Net assets, end of year
$1,349,734
Net assets without donor restrictions
$1,349,734
Gross receipts
$557,141
Employees
0
Volunteers
0
Year formed
2001
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Chad FreitasDirector
Trustee or director
40$0

Address and contacts

Address (IRS master file)
933 POLK ST, ALBANY, CA 94706-1562
In care of
% CHAD FREITAS
Principal officer (990 for 2024)
Chad Freitas, 933 POLK ST, ALBANY, CA 947061562
Signed the 990
Chad Freitas, Director
Phone
(510) 384-3088

Mission

To promote and provide public access to sailing. To promote National and International competition.

990 for the year ended December 31, 2024

Program accomplishments

  • The Skiff Sailing Foundation assisted individuals and teams in their attendance of National and International sailing events.
    Expenses $104,201
  • A facility and fleet of boats are maintained by The Skiff Sailing Foundation to facilitate National and International competition.
    Expenses $999,484

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
43-1956843
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,794,509
Income (IRS master file)
$557,141

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$189,430$1,780,054$2,261,107IRS
990December 2022$525,189$1,570,750$3,382,701IRS
990December 2021–––IRS
990December 2020–––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 SKIFF SAILING FOUNDATION

What is the EIN of SKIFF SAILING FOUNDATION?
The employer identification number (EIN) of SKIFF SAILING FOUNDATION is 43-1956843.
Is SKIFF SAILING FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to SKIFF SAILING FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SKIFF SAILING 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 SKIFF SAILING FOUNDATION 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 SKIFF SAILING FOUNDATION 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 SKIFF SAILING FOUNDATION?
The 990 for the year ended December 31, 2024 names Chad Freitas.
Who are the officers and directors of SKIFF SAILING FOUNDATION?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does SKIFF SAILING FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $557,141, expenses of $999,484 and total assets of $1,794,509 at year end.

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