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Nonprofit · EIN 52-1867434

DOWNTOWN SAILING CENTER INC

Tax-exempt · BALTIMORE, MD 21230

Financials

$824K$957K2022$1.4M$1.1M2023
Revenue Expenses · by fiscal year end
Financials of DOWNTOWN SAILING CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990$1,374,491$1,061,144$313,347$1,283,885$747,429$536,456
November 30, 2023990$824,459$956,577-$132,118$913,024$732,281$180,743
Financial details: 990 for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$774,752
Program service revenue
$579,437
Investment income
$22,544
Net gain from sales of assets
-$392
Net income from fundraising events
-$7,017
Other revenue
-$2,242

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$45,600
Other salaries and wages
$388,364
Salaries, compensation and benefits (total)
$505,998
Professional fundraising fees
$0
Accounting fees
$44,236
Occupancy
$90,294
Travel
$3,106
Depreciation
$66,665
Program services (functional)
$628,440
Management and general (functional)
$323,032
Fundraising (functional)
$109,672

Balance sheet and other

Total assets, start of year
$913,024
Total assets, end of year
$1,283,885
Total liabilities, end of year
$747,429
Net assets, end of year
$536,456
Land, buildings and equipment
$405,194
Publicly traded securities
$447,209
Net assets without donor restrictions
$500,304
Net assets with donor restrictions
$36,152
Gross receipts
$1,414,398
Employees
64
Volunteers
165
Year formed
1994
State of legal domicile
MD

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
Eric EpplerSecretary
Trustee or director, Officer
5$0
Lynn HandyTreasurer
Trustee or director, Officer
5$0
Kaitlyn LuceyMember-at-large
Trustee or director
5$0
Mike McNamaraMember-at-large
Trustee or director
5$0
Princess HesterMember-at-large
Trustee or director
5$0
Jean HolcombeMember-at-large
Trustee or director
5$0
Douglas SilberExecutive Director
Trustee or director
40$0
Charles EmrichMember-at-large
Trustee or director
5$0
David MarrowMember-at-large
Trustee or director
5$0
Michael CampbellMember-at-large
Trustee or director
5$0
Steve SmithMember-at-large
Trustee or director
5$0
Terrence DavisMember-at-large
Trustee or director
5$0
Hannah DickmyerMember-at-large
Trustee or director
5$0
Marty FetschPresident
Trustee or director, Officer
5$0
990 for the year ended November 30, 2023: 19 people
NameTitleHours / weekCompensation
Margaret M McKeeMember-at-large
Trustee or director
5$0
Meredith StormMember-at-large
Trustee or director
5$0
Eric EpplerMember-at-large
Trustee or director
5$0
Jean HolcombeMember-at-large
Trustee or director
5$0
Kaitlyn LuceyMember-at-large
Trustee or director
5$0
Mike McNamaraMember-at-large
Trustee or director
5$0
Mike OhMember-at-large
Trustee or director
5$0
Princess HesterMember-at-large
Trustee or director
5$0
Douglas SilberExecutive Director (eff. 4/2023)
Trustee or director
40$0
Charles EmrichMember-at-large
Trustee or director
5$0
Richard CondonMember-at-large
Trustee or director
5$0
David MarrowMember-at-large
Trustee or director
5$0
Michael CampbellMember-at-large
Trustee or director
5$0
Lynn HandyMember-at-large
Trustee or director
5$0
Steve SmithMember-at-large
Trustee or director
5$0
Christopher RossiMember-at-large
Trustee or director
5$0
Anthony StephensExecutive Director (until 3/2023)
Trustee or director
0$0
Michael JohnsSecretary
Officer
5$0
Marty FetschPresident
Officer
5$0

Address and contacts

Address (IRS master file)
1425 KEY HWY, BALTIMORE, MD 21230-5115
In care of
% LYNN HANDY
Principal officer (990 for 2023)
Sharon Lacy, 1425 Key Highway 110, Baltimore, MD 21230
Signed the 990
Sharon Lacy, Executive Director
Phone
(410) 727-0722
Return prepared by
Kositzka Wicks and Company

Mission

The Downtown Sailing Center provides quality life enriching programs that promote self-esteem and teamwork through the joy of sailing. The Downtown Sailing Center is committed to promoting an environment of inclusiveness and accessibility, especially to youth, persons with disabilities, and those with limited opportunity.

990 for the year ended November 30, 2024

Program accomplishments

  • Membership- Our membership, which includes our cadre of "volunteer level" members, is the foundation for our Downtown Sailing Community. We are a community of individuals from as far away as Pennsylvania and Washington, DC. Our members are college students and retirees; professionals and blue collar workers; from all walks of life, economic classes, ethnicities, and religious affiliations. Most came to the DSC to learn how to sail or to volunteer in our programs for persons with disabilities. Our members are our greatest volunteers; and many have been contributing to the DSC for years.
    Expenses $208,717 · revenue $245,959
  • Junior Camp and Adult Education- The Downtown Sailing Center (DSC) began offering youth sailing programs in 1990 to make sailing available and convenient to all Baltimore-area children. Sailing is an exhilarating way for children to develop teamwork skills, improve concentration, and become more self-confident. The Downtown Sailing Center is an accredited US Sailing school that provides courses for all experience levels. Our unified curriculum lets every student reach their full potential by developing skills in a logical progression while offering tailored instruction for every member of our community.
    Expenses $172,199 · revenue $225,104
  • Community Outreach-The Downtown Sailing Center (DSC) is committed to providing opportunities to sail for everyone, regardless of race, ability, or economic status. We believe that sailing can change lives. We also believe that lives can change sailing. The DSC's targeted outreach programs strive to break down all barriers to participation, giving the community equal access to the water and providing us with a more diverse community of sailors.
    Expenses $247,524 · revenue $108,374

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

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990 on file
2022November 30, 2023April 15, 2024990 on file

IRS record

EIN
52-1867434
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
1994
Accounting year ends
November
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,283,885
Income (IRS master file)
$1,414,398

Filing history

FormYear endedRevenueExpensesAssetsReturn
990November 2024$1,374,491$1,061,144$1,283,885XML
990November 2023$824,459$956,577$913,024XML
990November 2022$715,888$779,084$964,360IRS
990November 2021–––IRS
990November 2020–––IRS
990November 2019–––IRS
990November 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 52-1867434).

Questions about DOWNTOWN SAILING CENTER INC

What is the EIN of DOWNTOWN SAILING CENTER INC?
The employer identification number (EIN) of DOWNTOWN SAILING CENTER INC is 52-1867434.
Is DOWNTOWN SAILING CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to DOWNTOWN SAILING CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DOWNTOWN SAILING 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 DOWNTOWN SAILING CENTER INC due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DOWNTOWN SAILING CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended November 2024.
Who is the principal officer of DOWNTOWN SAILING CENTER INC?
The 990 for the year ended November 30, 2024 names Sharon Lacy.
Who are the officers and directors of DOWNTOWN SAILING CENTER INC?
The 990 for the year ended November 30, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does DOWNTOWN SAILING CENTER INC have?
On its 990 for the year ended November 30, 2024 it reported revenue of $1,374,491, expenses of $1,061,144 and total assets of $1,283,885 at year end.

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