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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 87-2800604

SAIL TO WIN INC

Tax-exempt · NEWPORT, RI 02840

Financials

$10K$39K2023$22K$48K2024$21K$38K2025
Revenue Expenses · by fiscal year end
Financials of SAIL TO WIN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$20,970$38,462-$17,492$217,664$0$217,664
December 31, 2024990$22,066$47,928-$25,862$235,156$0$235,156
December 31, 2023990$9,800$38,776-$28,976$261,018$0$261,018
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$10,108
Program service revenue
$10,862
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$2,202
Depreciation
$26,053
Program services (functional)
$11,909
Management and general (functional)
$26,553

Balance sheet and other

Total assets, start of year
$235,156
Total assets, end of year
$217,664
Total liabilities, end of year
$0
Net assets, end of year
$217,664
Land, buildings and equipment
$195,394
Net assets without donor restrictions
$217,664
Gross receipts
$20,970
Employees
0
Volunteers
5
Year formed
2021
State of legal domicile
RI

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Aaron IsaacsonPresident
Officer
5$0
Michael PattersonVice-President
Officer
5$0
Whitney CurtinVice-President
Officer
5$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Aaron IsaacsonPresident
Officer
5$0
Michael PattersonVice-President
Officer
5$0
Whitney CurtinVice-President
Officer
5$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Aaron IsaacsonPresident
Officer
5$0
Michael PattersonVice-President
Officer
5$0
Whitney CurtinVice-President
Officer
5$0

Address and contacts

Address (IRS master file)
PO BOX 625, NEWPORT, RI 02840-0006
In care of
% CYNTHIA WATERMAN
Principal officer (990 for 2025)
Michael Patterson, 3 Concord Drive, Middletown, RI 02842
Signed the 990
Michael Patterson, Vice President
Phone
(401) 632-8722
Return prepared by
CYNTHIA WATERMAN

Mission

Organizing a group of veterans to sail the transatlantic race in 2024.

990 for the year ended December 31, 2025

Program accomplishments

  • Train veterans and first responders to sail in the open ocean using the latest technology and safety precautions in preparation to sail in regattas.
    Expenses $11,909 · revenue $20,970

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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

File the 2026 990-N for SAIL TO WIN INC

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
87-2800604
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
2022
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$217,664
Income (IRS master file)
$20,970

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$20,970$38,462$217,664IRS
990December 2024$22,066$47,928$235,156XML
990December 2023$9,800$38,776$261,018XML
990December 2022$296,140$6,146$289,994IRS

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 87-2800604).

Questions about SAIL TO WIN INC

What is the EIN of SAIL TO WIN INC?
The employer identification number (EIN) of SAIL TO WIN INC is 87-2800604.
Is SAIL TO WIN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SAIL TO WIN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAIL TO WIN INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SAIL TO WIN INC 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 SAIL TO WIN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of SAIL TO WIN INC?
The 990 for the year ended December 31, 2025 names Michael Patterson.
Who are the officers and directors of SAIL TO WIN INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does SAIL TO WIN INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $20,970, expenses of $38,462 and total assets of $217,664 at year end.

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