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Nonprofit · EIN 59-2904104

THE LAKE EUSTIS SAILING CLUB INC

Tax-exempt · EUSTIS, FL 32727

Financials

$149K$114K2023$154K$122K2024
Revenue Expenses · by fiscal year end
Financials of THE LAKE EUSTIS SAILING CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$154,208$121,762$32,446$527,050$1,715$525,335
August 31, 2024990-EZ$148,665$114,368$34,297$495,615$2,726$492,889
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$55,129
Membership dues
$36,689
Program service revenue
$83,952
Investment income
$15,127
Net gain from sales of assets
$8,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,300
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$525
Occupancy
$35,786
Depreciation
$14,609
Program services (functional)
$115,531
Management and general (functional)
$6,231

Balance sheet and other

Total assets, start of year
$495,615
Total assets, end of year
$527,050
Total liabilities, end of year
$1,715
Net assets, end of year
$525,335
Land, buildings and equipment
$288,130
Net assets without donor restrictions
$525,335
Gross receipts
$159,208
Employees
0
Volunteers
50
Year formed
1982
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TONY PORTERFIELDCOMMODORE
Trustee or director, Officer
4$0
KEVEN BRIGGSVICE COMMODORE
Trustee or director, Officer
4$0
DAVID LEATHERSECRETARY
Trustee or director, Officer
12$0
CRAIG EATONTREASURER
Trustee or director, Officer
8$0
HOLLIS CAFFEEDIRECTOR
Trustee or director
4$0
DAVID HEPTINGDIRECTOR
Trustee or director
4$0
ROBERT KRENTELREAR COMMODORE
Trustee or director, Officer
4$0
JUNE HOWELLSDIRECTOR
Trustee or director
4$0
CAROLYN COLEDIRECTOR
Trustee or director
4$0
990-EZ for the year ended August 31, 2024: 10 people
NameTitleHours / weekCompensation
CRAIG EATONCOMMODORE4$0
TONY PORTERFIELDVICE COMMODORE4$0
DAVID LEATHERSECRETARY12$0
JOHN CADMANTREASURER8$0
ROBERT KRENTELDIRECTOR4$0
PATRICIA KUNTZPAST COMMODORE4$0
HOLLIS CAFFEEDIRECTOR4$0
DAVID HEPTINGDIRECTOR4$0
KEVEN BRIGGSREAR COMMODORE4$0
JUNE HOWELLSDIRECTOR4$0

Address and contacts

Address (IRS master file)
PO BOX 1056, EUSTIS, FL 32727-1056
In care of
% CRAIG EATON
Signed the 990
CRAIG EATON, TREASURER
Phone
(352) 589-5417
Return prepared by
SILBERNAGEL & BURROUGHS PA

Mission

TO CONDUCT SAILBOAT RACES FOR MEMBERS

990 for the year ended August 31, 2025

Program accomplishments

  • THE CLUB CONDUCTED 40 DAYS OF RACING FOR ITS MEMBERSHIP AND HOSTED MAJOR REGATTAS INCORPORATING APPROXIMATELY 52 RACES FOR MEMBERS AND SAILORS FROM THE EASTERN US AND CANADA.
    Expenses $115,531

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

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990-EZ on file

IRS record

EIN
59-2904104
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1995
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$527,050
Income (IRS master file)
$159,208

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$154,208$121,762$527,050XML
990-EZAugust 2024$148,665$114,368$495,615XML
990-EZAugust 2023–––IRS
990-EZAugust 2022–––IRS
990-EZAugust 2021–––IRS
990-EZAugust 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 59-2904104).

Questions about THE LAKE EUSTIS SAILING CLUB INC

What is the EIN of THE LAKE EUSTIS SAILING CLUB INC?
The employer identification number (EIN) of THE LAKE EUSTIS SAILING CLUB INC is 59-2904104.
Is THE LAKE EUSTIS SAILING CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1995.
Are donations to THE LAKE EUSTIS SAILING CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THE LAKE EUSTIS SAILING CLUB 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 THE LAKE EUSTIS SAILING CLUB INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE LAKE EUSTIS SAILING CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who are the officers and directors of THE LAKE EUSTIS SAILING CLUB INC?
The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does THE LAKE EUSTIS SAILING CLUB INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $154,208, expenses of $121,762 and total assets of $527,050 at year end.

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