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Nonprofit · EIN 84-4029949

SAILSAFE FOUNDATION LTD

Tax-exempt · MANHASSET, NY 11030

Financials

$9K2024$7K2025
Revenue Expenses · by fiscal year end
Financials of SAILSAFE FOUNDATION LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ–$6,542–$35,867–$35,867
December 31, 2024990-EZ–$8,546–$42,409–$42,409
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,500
Other expenses
$4,042
Program services (functional)
$6,542

Balance sheet and other

Total assets, start of year
$42,409
Total assets, end of year
$35,867
Total liabilities, end of year
–
Net assets, end of year
$35,867
Cash, savings and investments
$31,177

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
COLIN CLARKEPRESIDENT/DI0$0
KARA CLARKESECRETARY0$0
JAMESON CLARKETREASURER0$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
COLIN CLARKEPRESIDENT/DI0$0
KARA CLARKESECRETARY0$0
JAMESON CLARKETREASURER0$0

Address and contacts

Address (IRS master file)
122 COUNTRY CLUB DR, MANHASSET, NY 11030-3236
Mailing address (990-N for 2025)
122 Country Club Drive, Manhasset NY 11030
Principal officer (990-N for 2025)
Colin Clarke, 122 Country Club Drive, Manhasset NY 11030
Signed the 990-EZ
COLIN CLARKE, PRESIDENT/DIRECTOR
Phone
(516) 241-9895
Return prepared by
KVLSM LLP

Mission

TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
    Expenses $1,600
  • TO PROVIDE IMPROVED SAFETY IN RECREATIONAL AND COMPETITIVE SAILING THROUGH RESEARCH AND EDUCATION AND HANDS ON EXPERIENCE.
    Expenses $4,942

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-N on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
84-4029949
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
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Colin Clarke
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2025–$6,542$35,867XML
990-EZDecember 2024–$8,546$42,409IRS
990-EZDecember 2023$0$39,538$50,955IRS
990-EZDecember 2022$0$9,492$90,493IRS
990-EZDecember 2021$100,000$15$99,985IRS
990-N for 2020
Officer: Colin Clarke
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Colin Clarke
December 31, 2019≤ $50,000 receipts––e-Postcard

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 84-4029949).

Questions about SAILSAFE FOUNDATION LTD

What is the EIN of SAILSAFE FOUNDATION LTD?
The employer identification number (EIN) of SAILSAFE FOUNDATION LTD is 84-4029949.
Is SAILSAFE FOUNDATION LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to SAILSAFE FOUNDATION LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAILSAFE FOUNDATION LTD file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SAILSAFE FOUNDATION LTD due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAILSAFE FOUNDATION LTD last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of SAILSAFE FOUNDATION LTD?
The 990-N for 2025 names Colin Clarke.
Who are the officers and directors of SAILSAFE FOUNDATION LTD?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.

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