To foster national and international amateur competitive sailing opportunities for sailors with physical disabilities and help them achieve their individual goals in sailing through world-class coaching and competition.

501(c)(3) charity; gifts are tax-deductible.
42¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $32K a year · 11% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
42%
of spending
Concern: 42% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
11 mo
of spending, in cash
Plus $340K in investments, Pt X · Ln 11–13
Looks good: 11.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $29K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$400
0.06% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$258K
Spent
$199K
To programs
42%
Net assets
$654K
By yearFY2020–FY2024
Revenue
$258K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$258K
FY2021$356K
FY2022$281K
FY2023$299K
FY2024$298K
Expenses
$199K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$199K
FY2021$237K
FY2022$315K
FY2023$276K
FY2024$306K
Net assets
$654K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$654K
FY2021$713K
FY2022$630K
FY2023$694K
FY2024$686K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2010.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

42 cents of each dollar spent went to programs.

Program services 42% · $83K Management & general 27% · $53K Fundraising 31% · $62K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
VP, Onshore Act
$0Pt VII · Sec A
VP, Sailor Rec
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Clagett Sailing executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Enables disabled sailors to compete nationally and internationally with expert coaching.

Questions for Clagett Sailing

Tap to ask. Clagett Sailing sees how many people are interested.

Your first name shows with your question. Clagett Sailing answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $83K · in their own filed words · FY2020
01

The Clagett Regatta had to be postponed to 2021. In lieu of the two in-person regattas, The Clagett started the Dave and Dave Master Coaching Class Clinics, led by Dave Perry and Dave Dellenbaugh.

$83Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$258K
Ln 12
Gifts and grantsLn 1h$225K
Other incomeLn 4–11$24K
Investment incomeLn 3$9K
Money outPt IX
$199K
Ln 25
Programscol B$83K
Managementcol C$53K
Fundraisingcol D$62K
Owns and owesPt X
$654K
net assets · Ln 32
Cash and savingsLn 1–2$182K
Total assetsLn 16$654K
LiabilitiesLn 26$400
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$225K
Government grantsLn 1e$32K
Noncash giftsLn 1g$79K
Fundraising eventsLn 1c$13K
Investment incomeLn 3$9K
Other incomeLn 4–11$24K
Gains on assetsLn 7−$864
Total revenueLn 12$258K
Assets in detailPt X, end of year
CashLn 1$175K
SavingsLn 2$7K
Cash and savings togetherLn 1–2$182K
InvestmentsLn 11–13$340K
Land, buildings, equipmentLn 10c$131K
Other assetsLn 15$0
Total assetsLn 16$654K
LiabilitiesLn 26$400
Net assetsLn 32$654K
OperationsPt I, VI
EmployeesI 51
VolunteersI 6132
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$99K$182K
InvestmentsLn 11–13$334K$340K
Land, buildings, equipmentLn 10c$122K$131K
Total assetsLn 16$558K$654K
LiabilitiesLn 26$0$400
Net assetsLn 32$558K$654K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$62K$19K$25K$19K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$2K$701$935$701
Payroll taxesLn 10$9K$3K$3K$3K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$5K$5K
Other fees for servicesLn 11g$19K$17K$1K$500
Advertising and promotionLn 12$0
Office expensesLn 13$3K$3K
Information technologyLn 14$1K$1K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$31K$31K
InsuranceLn 23$12K$10K$3K
Other expenses (24a–d)Ln 24$44K$3K$4K$37K
All other expensesLn 24e$3K$489$100$2K
Total functional expensesLn 25$199K$83K$53K$62K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $298K$306K−$7K$686K 990 PDF
FY2023 $299K$276K$23K$694K 990 PDF
FY2022 $281K$315K−$35K$630K 990 PDF
FY2021 $356K$237K$120K$713K 990 PDF
FY2020 Viewing $258K$199K$60K$654K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $258,424 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $255,565$225,462
I-9 Program service revenuePrior year $6,250$0
I-10 Investment incomePrior year $1,897$8,761
I-11 Other revenuePrior year $40,103$24,201
I-12 Total revenuePrior year $303,815$258,424
I-13 Grants and similar amounts paidPrior year $7,000$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $67,725$72,919
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $203,121$125,792
I-18 Total expensesPrior year $277,846$198,711
I-19 Revenue less expensesPrior year $25,969$59,713
Part VI · Governance 13 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $258,424 across 11 lines filed
VIII-1c Fundraising events$13,231
VIII-1e Government grants$32,233
VIII-1f All other contributions, gifts and grants$179,998
VIII-1g Noncash contributions (included above)$79,337
VIII-1h Total contributions, gifts and grants$225,462
VIII-3 Investment incomeExcluded from tax $9,625$9,625
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$864−$864
VIII-8 Net income from fundraising events$24,201
VIII-12 Total revenueRelated to mission −$864 · Excluded from tax $9,625$258,424
Part IX · Statement of functional expenses $198,711 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $18,602 · Management $24,804 · Fundraising $18,602$62,008
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $701 · Management $935 · Fundraising $701$2,337
IX-10 Payroll taxesPrograms $2,572 · Management $3,430 · Fundraising $2,572$8,574
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $6,150$6,150
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $4,694$4,694
IX-11g Other fees for servicesPrograms $17,338 · Management $1,007 · Fundraising $500$18,845
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $2,823$2,823
IX-14 Information technologyManagement $1,200$1,200
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelManagement $1,480$1,480
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $31,256$31,256
IX-23 InsurancePrograms $9,627 · Management $2,715$12,342
IX-24 Other expenses (24a–d)Programs $2,534 · Management $4,161 · Fundraising $37,272$43,967
IX-24e All other expensesPrograms $489 · Management $100 · Fundraising $2,446$3,035
IX-25 Total functional expensesPrograms $83,119 · Management $53,499 · Fundraising $62,093$198,711
Part X · Balance sheet $654,461 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $95,590$174,600
X-2 Savings and temporary cash investmentsStart of year $3,005$7,003
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $121,507$131,053
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $334,354$339,999
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $3,472$1,806
X-15 Other assets$0
X-16 Total assetsStart of year $557,928$654,461
X-19 Deferred revenue$400
X-26 Total liabilitiesStart of year $0$400
X-32 Total net assets or fund balancesStart of year $557,928$654,061
X-33 Total liabilities and net assetsStart of year $557,928$654,461
Part XI · Reconciliation of net assets $654,061 net assets at year end
XI-1 Total revenue$258,424
XI-2 Total expenses$198,711
XI-3 Revenue less expenses$59,713
XI-4 Net assets at start of year$557,928
XI-5 Net unrealized gains (losses) on investments$36,420
XI-10 Net assets at end of year$654,061

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.