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Nonprofit · EIN 47-1288727

COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC

Tax-exempt · MIAMI, FL 33133

Financials

$891K$1.1M2022$959K$1.2M2023$1.1M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,146,754$1,358,794-$212,040$647,229$1,310,988-$663,759
June 30, 2024990$959,358$1,198,798-$239,440$211,159$662,876-$451,717
June 30, 2023990$890,842$1,112,919-$222,077$179,039$363,586-$184,547
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,290
Program service revenue
$1,072,511
Investment income
$0
Net income from fundraising events
$55,869
Net income from sales of inventory
$8,084
Other revenue
$63,953

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$23,395
Other salaries and wages
$647,809
Salaries, compensation and benefits (total)
$785,551
Professional fundraising fees
$0
Accounting fees
$9,475
Occupancy
$24,361
Depreciation
$38,866
Program services (functional)
$1,281,213
Management and general (functional)
$77,581

Balance sheet and other

Total assets, start of year
$211,159
Total assets, end of year
$647,229
Total liabilities, end of year
$1,310,988
Net assets, end of year
-$663,759
Land, buildings and equipment
$176,479
Net assets without donor restrictions
-$663,759
Gross receipts
$1,203,631
Employees
40
Volunteers
10
Year formed
2014
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
LAUREN SIMPSONGENERAL MANAGER
Key employee
15$31,100$231,871
KEITH HEINRICHPRESIDENT
Trustee or director
2$0$0
PRISKA URBANVICE-PRESIDENT
Trustee or director
3$0$0
WILLIAM SANCHOVICE-PRESIDENT
Trustee or director
3$0$0
DOREEN FISCHERSECRETARY
Trustee or director
1$0$0
BOB AIKENTREASURER
Trustee or director
3$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgs
LAUREN SIMPSONGENERAL MANAGER
Key employee, Highest-paid employee
55$22,790$102,620
RICHARD ETKINPRESIDENT
Trustee or director
2$0$0
KEITH HEINRICHVICE-PRESIDENT
Trustee or director
3$0$0
PRISKA URBANVICE-PRESIDENT
Trustee or director
3$0$0
DOREEN FISCHERSECRETARY
Trustee or director
1$0$0
OLIVIER DELAVALETTETREASURER
Trustee or director
3$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
LAUREN SIMPSONGENERAL MANAGER
Key employee, Highest-paid employee
55$112,738
DAVE MARTINPRESIDENT
Trustee or director
2$0
RICHARD ETKINVICE-PRESIDENT
Trustee or director
3$0
KEITH HENRICHVICE-PRESIDENT
Trustee or director
3$0
DOREEN FISCHERSECRETARY
Trustee or director
1$0
OLIVIER DELAVALETTETREASURER
Trustee or director
3$0

Address and contacts

Address (IRS master file)
2990 S BAYSHORE DR, MIAMI, FL 33133-6003
In care of
% FRANK DELAURIER
Mailing address (990-N for 2023)
2990 S BAYSHORE DR, MIAMI FL 33133
Principal officer (990 for 2024)
RICHARD ETKIN, 2990 S BAYSHORE DR, MIAMI, FL 33133
Principal officer (990-N for 2023)
RICHARD ETKIN, 2990 S BAYSHORE DR, MIAMI FL 33133
Signed the 990
LAUREN SIMPSON, GENERAL MANAGER
Phone
(305) 444-4571
Return prepared by
Jacqueline D Greenberg CPA

Mission

TO PROMOTE AN APPRECIATION OF SAILING AND TO PROVIDE EQUIPMENT AND INSTRUCTION IN ENHANCE AN INTEREST IN SAILING, AS WELL AS TO ENCOURAGE YOUNG PEOPLE TO LEARN SAILING

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE EQUIPMENT AND INSTRUCTION TO BOTH ADULTS AND YOUNG PERSONS IN THE SPORT OF SAILING AND TEACH WATER SAFETY
    Expenses $1,281,213 · revenue $1,080,595

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990-N on file

IRS record

EIN
47-1288727
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
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$647,229
Income (IRS master file)
$1,203,631

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,146,754$1,358,794$647,229XML
990-N for 2023
Officer: RICHARD ETKIN
June 20, 2024≤ $50,000 receipts––e-Postcard
990June 2024$959,358$1,198,798$211,159IRS
990June 2023$890,842$1,112,919$179,039XML
990June 2022$980,643$996,097$177,946IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 47-1288727).

Questions about COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC

What is the EIN of COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC?
The employer identification number (EIN) of COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC is 47-1288727.
Is COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER 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 COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC?
The 990 for the year ended June 30, 2025 names RICHARD ETKIN.
Who are the officers and directors of COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $31,100 (LAUREN SIMPSON, GENERAL MANAGER).
How much revenue does COCONUT GROVE SAILING CLUB INSTRUCTIONAL CENTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,146,754, expenses of $1,358,794 and total assets of $647,229 at year end.

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