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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
EIN 84-3472052 · Snapshot of IRS recognition, filing currency, financial health, and governance.
The corporation is organized and shall be operated exclusively for charitable and educational puposes within the meaning of section 501(c) (3)of the code. Within the scope of the foregoing purposes, the corporation is organized and shall be operated as a qualified amateur sports organization to raise the level of excellence among amateur American sailors by supporting, developing and preparing them to compete in national and international competitions including the olympic games and America's cup. The assets and properties of the corporation are hereby pledged for use in performing its exempt functions. The activities which the corporation proposes to conduct within the state of New York are as follows: operating out of the NORTH shore of long island, the corporation's initial program will pay for coaching, sponsoring, maintaining, and providing sailboats so that athletes can train for offshore sailboat racing as the 2020 olympics will debut a mixed doublehanded offshore sailing event.
Principal Officer
Leonid Vassiliev
Total Revenue
$1.5M
FY2024
Total Expenses
$1.6M
FY2024
Net Assets
$1.3M
Program Ratio
100.0%
expenses on programs
Employees
0
Volunteers
—
Board Members
3
Voting
3
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.