Bay Sail INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

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.
59¢ of each $1 spent went to programs.
$50K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
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
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$50K
to officers and key staff · 15% of spending
Looks good: pay to officers and key staff is 15% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
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
$141K
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$235K
Spent
$338K
To programs
59%
Net assets
$138K
By yearFY2020–FY2024
Revenue
$235K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$235K
FY2021$402K
FY2022$270K
FY2023$319K
FY2024$59K
Expenses
$338K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$338K
FY2021$358K
FY2022$350K
FY2023$322K
FY2024$45K
Net assets
$138K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$138K
FY2021$124K
FY2022$44K
FY2023$79K
FY2024$50K

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 Jan 1999.

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

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $199K Management & general 41% · $139K Fundraising 0% · $115

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

12 people listed on the 990; $50K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$49,875Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice 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 →

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.

2 programs · $199K · in their own filed words · FY2020
01

Environmental education-education and study of fresh water ecosystems

$100Kprogram expense
02

Windward bound

$100Kprogram 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 FY2020 990, line by line.

1The main four
Money inPt VIII
$235K
Ln 12
Gifts and grantsLn 1h$171K
Other incomeLn 4–11$54K
Fees for servicesLn 2g$11K
Money outPt IX
$338K
Ln 25
Programscol B$199K
Managementcol C$139K
Fundraisingcol D$115
Owns and owesPt X
$138K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$279K
LiabilitiesLn 26$141K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$171K
Government grantsLn 1e$58K
Fees for servicesLn 2g$11K
Other incomeLn 4–11$54K
Total revenueLn 12$235K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Land, buildings, equipmentLn 10c$278K
Total assetsLn 16$279K
LiabilitiesLn 26$141K
Net assetsLn 32$138K
OperationsPt I, VI
EmployeesI 59
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$129K$2K
Land, buildings, equipmentLn 10c$286K$278K
Total assetsLn 16$423K$279K
LiabilitiesLn 26$183K$141K
Net assetsLn 32$240K$138K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$50K$50K
Other salaries and wagesLn 7$138K$89K$49K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$15K$7K$9K
Advertising and promotionLn 12$1K$68$1K$19
OccupancyLn 16$12K$12K
TravelLn 17$4K$800$3K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$8K$8K
Other expenses (24a–d)Ln 24$89K$84K$5K
All other expensesLn 24e$17K$12K$4K$96
Total functional expensesLn 25$338K$199K$139K$115

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 $59K$45K$14K$50K 990 PDF
FY2023Filed with the IRS Nov 13, 2024 $319K$322K−$3K$79K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $270K$350K−$80K$44K 990 PDF
FY2021Filed with the IRS Nov 7, 2022 $402K$358K$44K$124K 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $235K$338K−$103K$138K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $235,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $200,266$170,556
I-9 Program service revenuePrior year $39,682$10,920
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $391,206$53,856
I-12 Total revenuePrior year $631,154$235,332
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $310,981$205,043
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $295,911$133,011
I-18 Total expensesPrior year $606,892$338,054
I-19 Revenue less expensesPrior year $24,262−$102,722
Part VI · Governance 11 of 11 board members independent, 2 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
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
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $235,332 across 6 lines filed
Lines not itemized here account for $3,293 of total revenue; see the IRS return.
VIII-1e Government grants$58,230
VIII-1f All other contributions, gifts and grants$112,326
VIII-1h Total contributions, gifts and grants$170,556
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,920$10,920
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $50,563$50,563
VIII-12 Total revenueRelated to mission $10,920 · Unrelated business $0 · Excluded from tax $53,856$235,332
Part IX · Statement of functional expenses $338,054 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $49,875$49,875
IX-7 Other salaries and wagesPrograms $88,537 · Management $49,397$137,934
IX-9 Other employee benefitsManagement $2,075$2,075
IX-10 Payroll taxesPrograms $6,600 · Management $8,559$15,159
IX-12 Advertising and promotionPrograms $68 · Management $1,133 · Fundraising $19$1,220
IX-16 OccupancyManagement $11,958$11,958
IX-17 TravelPrograms $800 · Management $3,366$4,166
IX-20 InterestManagement $2,398$2,398
IX-22 Depreciation, depletion and amortizationPrograms $7,513$7,513
IX-24 Other expenses (24a–d)Programs $83,528 · Management $5,499$89,027
IX-24e All other expensesPrograms $12,242 · Management $4,391 · Fundraising $96$16,729
IX-25 Total functional expensesPrograms $199,288 · Management $138,651 · Fundraising $115$338,054
Part X · Balance sheet $279,122 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $129,190$2,279
X-4 Accounts receivableStart of year $5,766−$1,309
X-10c Land, buildings and equipment, netStart of year $285,664$278,152
X-16 Total assetsStart of year $422,966$279,122
X-25 Other liabilitiesStart of year $182,574$141,452
X-26 Total liabilitiesStart of year $182,574$141,452
X-27 Net assets without donor restrictionsStart of year $124,675$21,953
X-28 Net assets with donor restrictionsStart of year $115,717$115,717
X-32 Total net assets or fund balancesStart of year $240,392$137,670
X-33 Total liabilities and net assetsStart of year $422,966$279,122
Part XI · Reconciliation of net assets $137,670 net assets at year end
XI-1 Total revenue$235,332
XI-2 Total expenses$338,054
XI-3 Revenue less expenses−$102,722
XI-4 Net assets at start of year$240,392
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$137,670

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.

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.