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Nonprofit · EIN 85-0777734

SAIL250 NEW YORK INC

Tax-exempt · NEW YORK, NY 10028

Financials

$8K$207K2023$512K$406K2024
Revenue Expenses · by fiscal year end
Financials of SAIL250 NEW YORK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$512,213$406,168$106,045$135,214$28,702$106,512
March 31, 2024990-EZ$8,350$206,657-$198,307$2,631$2,164$467
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$512,213
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,704
Compensation of officers, directors and key employees
$236,545
Other salaries and wages
$2,000
Salaries, compensation and benefits (total)
$257,347
Professional fundraising fees
$38,251
Legal fees
$11,525
Accounting fees
$7,600
Travel
$27,485
Program services (functional)
$213,959
Management and general (functional)
$86,537
Fundraising (functional)
$105,672

Balance sheet and other

Total assets, start of year
$2,631
Total assets, end of year
$135,214
Total liabilities, end of year
$28,702
Net assets, end of year
$106,512
Gross receipts
$512,213
Employees
1
Volunteers
0
Year formed
2020
State of legal domicile
NY

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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CHRIS O'BRIENPRESIDENT-VICE CHAIR
Trustee or director, Officer
50$236,545
ANDREW YARNALLTREASURER
Trustee or director, Officer
1.5$0
WILLIAM ARMSTRONGSECRETARY
Trustee or director, Officer
16$0
CRISTIN BURTISDIRECTOR-CHAIRWOMAN
Trustee or director
5$0
JOHN DECRUZDIRECTOR
Trustee or director
1$0
DAN MARKHAMDIRECTOR
Trustee or director
1$0
ANDREW MCGOVERNDIRECTOR
Trustee or director
1$0
KEVIN NORTONDIRECTOR
Trustee or director
1$0
KAREN SCHERBERGERDIRECTOR
Trustee or director
1$0
DAVID WINTERSDIRECTOR
Trustee or director
1$0
JONATHAN BOULWAREDIRECTOR
Trustee or director
1$0
VALERIE JACOBDIRECTOR
Trustee or director
1$0
ORLANDO CAMARGODIRECTOR
Trustee or director
1$0
BURCHENAL GREENDIRECTOR
Trustee or director
1$0
MIKE JACONIDIRECTOR
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
JEFF MCALLISTERDIRECTOR
Trustee or director
1$0
990-EZ for the year ended March 31, 2024: 12 people
NameTitleHours / weekCompensation
CHRISTOPHER O'BRIENPRESIDENT50$130,000
KAREN SCHERBERGERDIRECTOR0$0
WILLIAM ARMSTRONGSECRETARY2$0
KEVIN NORTONDIRECTOR0$0
DANIEL MARKHAMDIRECTOR0$0
CRISTIN BURTISDIRECTOR4$0
ANDREW MCGOVERNDIRECTOR0$0
JOHN DECRUZDIRECTOR0$0
ANDREW YARNALLTREASURER1.5$0
BURCHENAL GREENDIRECTOR0$0
JONATHAN BOULWAREDIRECTOR0$0
MIKE PAULDIRECTOR0$0

Address and contacts

Address (IRS master file)
519 EAST 86TH STREET, NEW YORK, NY 10028-7541
Principal officer (990 for 2024)
CHRISTOPHER O'BRIEN, 519 EAST 86TH STREET APT 6D, NEW YORK, NY 10028
Signed the 990
CHRISTOPHER O'BRIEN, PRESIDENT
Phone
(646) 285-3193
Return prepared by
ROBERT CHIA CPA PC

Mission

OUR IMMEDIATE MISSION IS TO ORGANIZE, COORDINATE AND RAISE FUNDS REQUIRED TO PRODUCE THE SIGNATURE EVENT FOR AMERICA'S 250TH ANNIVERSARY CELEBRATIONS IN NEW YORK HARBOR ON JULY 4TH, 2026. THIS EVENT IS IN KEEPING WITH AMERICA'S BICENTENNIAL CELEBRATIONS HOSTED IN NEW YORK HARBOR JULY 4TH, 1976 AND IS EXPECTED TO EDUCATE, ENERGIZE, AND FOSTER GOODWILL AMONG AMERICANS AND THE INTERNATIONAL COMMUNITY AT LARGE. AS A MAJOR ELEMENT OF OUR EFFORTS WE WILL FOCUS ON EDUCATIONAL ASPECTS OF AMERICAN HISTORY AND MARITIME HISTORY AS WELL AS THE DIRECT SUPPORT OF SAIL TRAINING ORGANIZATIONS AND ENTITIES THROUGHOUT AMERICA, BUT WILL TEND TO FOCUS MORE IN THE NEW YORK GEOGRAPHIC AREA BY SUPPORTING ORGANIZATIONS SUCH AS THE NEW YORK HARBOR SCHOOL, SOUTH STREET SEAPORT MUSEUM AND OTHER NOT FOR PROFIT ENTITIES OPERATING LOCALLY THAT FOCUS ON EDUCATION OF YOUTH THROUGH SAIL AND THROUGH MARITIME RELATED ACTIVITIES.

990 for the year ended March 31, 2025

Program accomplishments

  • - FORMALIZED RELATIONSHIP WITH STATE GOVERNMENTS OF NEW YORK AND NEW JERSEY, AS WELL AS THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY, IN REGARDS TO HOSTING AND PLANNING OF THE EVENT, RECEIVING RECOGNITION AS THE BODY OVERSEEING PLANNING OF 250TH CELEBRATION EVENT- FORMALIZED RELATIONSHIP WITH US FEDERAL GOVERNMENT ENTITIES IN REGARDS TO THE EVENT, INCLUDING THE DEPARTMENT OF DEFENSE, UNITED STATES NAVY, AND UNITED STATES COAST GUARD- FORMATION OF ADVISORY COMMITTEE
    Expenses $213,959 · grants $1,704 · revenue $512,213

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

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990-EZ on file

IRS record

EIN
85-0777734
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
2021
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$135,214
Income (IRS master file)
$512,213

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$512,213$406,168$135,214XML
990-EZMarch 2024$8,350$206,657$2,631XML
990March 2023$253,000$53,062$209,565IRS
990-EZMarch 2022–––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 85-0777734).

Questions about SAIL250 NEW YORK INC

What is the EIN of SAIL250 NEW YORK INC?
The employer identification number (EIN) of SAIL250 NEW YORK INC is 85-0777734.
Is SAIL250 NEW YORK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to SAIL250 NEW YORK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAIL250 NEW YORK 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 SAIL250 NEW YORK INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAIL250 NEW YORK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of SAIL250 NEW YORK INC?
The 990 for the year ended March 31, 2025 names CHRISTOPHER O'BRIEN.
Who are the officers and directors of SAIL250 NEW YORK INC?
The 990 for the year ended March 31, 2025 lists 16 people; 1 received compensation from the organization, the highest $236,545 (CHRIS O'BRIEN, PRESIDENT-VICE CHAIR).
How much revenue does SAIL250 NEW YORK INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $512,213, expenses of $406,168 and total assets of $135,214 at year end.

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