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Nonprofit · EIN 81-3298806

STFYC INTERNATIONAL YACHT RACING FOUNDATION

Tax-exempt (reinstated) · SAN FRANCISCO, CA 94147

Financials

$38K$47K2023$42K$84K2024
Revenue Expenses · by fiscal year end
Financials of STFYC INTERNATIONAL YACHT RACING FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$42,115$84,202-$42,087$14,379$0$14,379
December 31, 2023990$37,700$46,946-$9,246$56,466$0$56,466
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$65,700
Program service revenue
$0
Investment income
$767
Net gain from sales of assets
$767
Net income from fundraising events
-$24,352
Other revenue
-$24,352

Expenses

Grants and similar amounts paid
$1,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,281
Program services (functional)
$80,411
Management and general (functional)
$3,791

Balance sheet and other

Total assets, start of year
$56,466
Total assets, end of year
$14,379
Total liabilities, end of year
$0
Net assets, end of year
$14,379
Gross receipts
$76,965
Employees
0
Volunteers
0
Year formed
2016
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
ROBERT KEEFEPRESIDENT/CEO
Trustee or director, Officer
4$0
MARK DAHMTREASURER
Trustee or director, Officer
4$0
SOPHIA SOLESECRETARY
Trustee or director, Officer
2$0
SEAN SVENDSENCHIEF FINANCIAL OFFICER
Trustee or director
2$0
YURI NAMIKAWAOPERATIONS
Trustee or director
1$0
RISLEY SAMSVICE PRESIDENT
Trustee or director
1$0
DICK SWANSONOPERATIONS
Trustee or director
1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
ROBERT KEEFEPRESIDENT/CEO
Trustee or director, Officer
4$0
MARK DAHMTREASURER
Trustee or director, Officer
4$0
SOPHIA SOLESECRETARY
Trustee or director, Officer
2$0
SEAN SVENDSENCHIEF FINANCIAL OFFICER
Trustee or director
2$0
YURI NAMIKAWAOPERATIONS
Trustee or director
1$0
RISLEY SAMSVICE PRESIDENT
Trustee or director
1$0
DICK SWANSONOPERATIONS
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 475638, SAN FRANCISCO, CA 94147-5638
In care of
% ROBIN JORDAN
Principal officer (990 for 2024)
ROBERT KEEFE, PO BOX 475638, SAN FRANCISCO, CA 94147
Signed the 990
MARK DAHM, SECRETARY
Phone
(415) 561-6662
Return prepared by
SPMCPA INC

California records

California keeps its own records of charities and corporations. Search them by EIN 81-3298806 or by the name STFYC INTERNATIONAL YACHT RACING FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO FOSTER NATIONAL & INTERNATIONAL AMATEUR SPORTS COMPETITION IN SAILING AND TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THIS PURPOSE. THE FOUNDATION BELIEVES THIS PURPOSE IS ESPECIALLY WELL SERVED WHEN FOCUSED ON ENCOURAGING PARTICIPATION BY YOUTH & WOMEN SAILORS.

990 for the year ended December 31, 2024

Program accomplishments

  • COACH AND CREW ACCOMMODATION AND TRAVEL SUPPORT OF ATTENDING AND COMPETING IN REGATTAS. THE CREW ARE NON-PAID, AMATEUR SAILORS THAT COMPETE IN THE HIGHEST LEVELS OF THE SPORT REPRESENTING THE YACHT CLUB IN TEAM RACING AGAINST OTHER YACHT CLUBS FROM AROUND THE WORLD AND WHOM OTHERWISE COULD NOT AFFORD TO COMPETE. TEAMS COMPETE IN THREE-BOAT TEAMS WITH 3 OR 4 SAILORS PER BOAT, A TOTAL TEAM WEIGHT LIMIT OF 2,100 POUNDS, AND AT LEAST 4 OF EACH GENDER PER TEAM.
    Expenses $80,411 · grants $1,500

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
81-3298806
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,379
Income (IRS master file)
$76,965

Revocation and reinstatement

Exemption revoked
May 15, 2022
Posted by the IRS
August 8, 2022
Reinstated
Effective May 15, 2022

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$42,115$84,202$14,379XML
990December 2023$37,700$46,946$56,466XML
990December 2022$44,250$23,977$65,712IRS

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 81-3298806).

Questions about STFYC INTERNATIONAL YACHT RACING FOUNDATION

What is the EIN of STFYC INTERNATIONAL YACHT RACING FOUNDATION?
The employer identification number (EIN) of STFYC INTERNATIONAL YACHT RACING FOUNDATION is 81-3298806.
Is STFYC INTERNATIONAL YACHT RACING FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2022 and reinstated it effective May 15, 2022.
Are donations to STFYC INTERNATIONAL YACHT RACING FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does STFYC INTERNATIONAL YACHT RACING 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 STFYC INTERNATIONAL YACHT RACING 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 STFYC INTERNATIONAL YACHT RACING 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 STFYC INTERNATIONAL YACHT RACING FOUNDATION?
The 990 for the year ended December 31, 2024 names ROBERT KEEFE.
Who are the officers and directors of STFYC INTERNATIONAL YACHT RACING FOUNDATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does STFYC INTERNATIONAL YACHT RACING FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $42,115, expenses of $84,202 and total assets of $14,379 at year end.

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