Bay Sail INC

Tax-deductible

Bay City, MI501(c)(3)Crime & LegalEIN 38-3378118Revenue $59K in FY2024

On file with the IRSbaysailbaycity.org107 5th Street 2nd Floor, 48708-4624 · Bay City, MITax-exempt since Jan 1999Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To foster environmental stewardship of the saginaw Bay watershed and the great lakes ecosystem, and to provide personal development opportunities for learners of all ages through shipboard and land-based educational experiences.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Run by 12 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
2 of 5
filings with a surplus
Average deficit $26K a year · 10% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
20 mo
of spending, in cash
Looks good: 19.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $7K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$278K
85% of total assets
Concern: liabilities are 85% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$59K
-81% vs prior year
Spent
$45K
To programs
78%
Net assets
$50K
By yearFY2020–FY2024
Revenue
$59K
FY2024▼ -81%
Tap a bar for its year
Revenue by fiscal year
FY2020$235K
FY2021$402K
FY2022$270K
FY2023$319K
FY2024$59K
Expenses
$45K
FY2024▼ -86%
Tap a bar for its year
Expenses by fiscal year
FY2020$338K
FY2021$358K
FY2022$350K
FY2023$322K
FY2024$45K
Net assets
$50K
FY2024▼ -36%
Tap a bar for its year
Net assets by fiscal year
FY2020$138K
FY2021$124K
FY2022$44K
FY2023$79K
FY2024$50K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1999.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $35K Management & general 22% · $10K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Chairma
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A

Chris Yaklin’s $60K as Executive Di is at the 87th percentile of top reported officer pay among 157 <$100K crime & legal nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Chris Yaklin$60,000$55,673$49,875

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Bay Sail INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates people of all ages about the Great Lakes and watershed stewardship through ship and land programs.

Questions for Bay Sail INC

Tap to ask. Bay Sail INC sees how many people are interested.

Your first name shows with your question. Bay Sail INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $35K · in their own filed words · FY2024
01

Windward bound is a live-aboard voyaging experience for teens ages 14 to 18. The teens sail aboard the 85-FOOT schooner appledore iv and the 65 schooner appledore v. During the voyages, we focus on seamanship and freshwater science, which means learning the art of traditional sailing and studying the ecology of the lakes you're sailing…

$27Kprogram expense
02

Environmental Education

Eucation and study of fresh water ecosystems

$8Kprogram 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 · FY2025
Total grants receivedfrom 1 funder$7K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$59K
Ln 12
Gifts and grantsLn 1h$59K
Money outPt IX
$45K
Ln 25
Programscol B$35K
Managementcol C$10K
Owns and owesPt X
$50K
net assets · Ln 32
Cash and savingsLn 1–2$74K
Total assetsLn 16$329K
LiabilitiesLn 26$278K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$59K
Total revenueLn 12$59K
Assets in detailPt X, end of year
CashLn 1$74K
Cash and savings togetherLn 1–2$74K
Land, buildings, equipmentLn 10c$255K
Total assetsLn 16$329K
LiabilitiesLn 26$278K
Net assetsLn 32$50K
OperationsPt I, VI
EmployeesI 59
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$18K$74K
Land, buildings, equipmentLn 10c$255K$255K
Total assetsLn 16$283K$329K
LiabilitiesLn 26$204K$278K
Net assetsLn 32$79K$50K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$3K$3K
Payroll taxesLn 10$235$235
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$359$359
Office expensesLn 13$2K$2K$125
OccupancyLn 16$6K$2K$4K
Conferences, conventions and meetingsLn 19$541$541
InterestLn 20$4K$4K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$9K$9K$224
All other expensesLn 24e$2K$2K$701
Total functional expensesLn 25$45K$35K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $59K$45K$14K$50K 990 PDF
FY2023 $319K$322K−$3K$79K 990 PDF
FY2022 $270K$350K−$80K$44K 990 PDF
FY2021 $402K$358K$44K$124K 990 PDF
FY2020 $235K$338K−$103K$138K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $59,162 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $197,349$59,162
I-9 Program service revenuePrior year $109,253$0
I-10 Investment income$0
I-11 Other revenuePrior year $12,317$0
I-12 Total revenuePrior year $318,919$59,162
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $158,587$3,295
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $163,687$41,547
I-18 Total expensesPrior year $322,274$44,842
I-19 Revenue less expensesPrior year −$3,355$14,320
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $59,162 across 3 lines filed
VIII-1f All other contributions, gifts and grants$59,162
VIII-1h Total contributions, gifts and grants$59,162
VIII-12 Total revenue$59,162
Part IX · Statement of functional expenses $44,842 across 11 lines filed
IX-7 Other salaries and wagesPrograms $3,060$3,060
IX-10 Payroll taxesPrograms $235$235
IX-11c Accounting feesManagement $4,590$4,590
IX-12 Advertising and promotionPrograms $359$359
IX-13 Office expensesPrograms $1,595 · Management $125$1,720
IX-16 OccupancyPrograms $2,245 · Management $4,106$6,351
IX-19 Conferences, conventions and meetingsPrograms $541$541
IX-20 InterestPrograms $3,807$3,807
IX-23 InsurancePrograms $12,433$12,433
IX-24 Other expenses (24a–d)Programs $9,272 · Management $224$9,496
IX-24e All other expensesPrograms $1,549 · Management $701$2,250
IX-25 Total functional expensesPrograms $35,096 · Management $9,746 · Fundraising $0$44,842
Part X · Balance sheet $328,566 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $18,374$73,566
X-10c Land, buildings and equipment, netStart of year $255,000$255,000
X-16 Total assetsStart of year $282,583$328,566
X-24 Unsecured notes and loans payable$62,500
X-25 Other liabilitiesStart of year $4,631$43,014
X-26 Total liabilitiesStart of year $203,747$278,274
X-27 Net assets without donor restrictionsStart of year $78,836$50,292
X-32 Total net assets or fund balancesStart of year $78,836$50,292
X-33 Total liabilities and net assetsStart of year $282,583$328,566
Part XI · Reconciliation of net assets $50,292 net assets at year end
XI-1 Total revenue$59,162
XI-2 Total expenses$44,842
XI-3 Revenue less expenses$14,320
XI-4 Net assets at start of year$78,836
XI-9 Other changes in net assets−$42,864
XI-10 Net assets at end of year$50,292

Form 990 e-file (XML) FY2024 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.