Baltimore Operation Sail Ltd

Tax-deductible

Baltimore, MD501(c)(3)Recreation & SportsEIN 52-1189578

To offer maritime programming that draws the public, out of town visitors and area youth to the Baltimore waterfront by providing ships and other vessels.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 33 volunteers.
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
3 of 3
filings with a surplus
Average surplus $67K a year · 18% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$85K
to officers and key staff · 21% of spending
Top officer’s pay higher than 87% of similar orgs
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$517K
×18 vs prior year
Spent
$411K
To programs
92%
Net assets
$197K
By yearFY2020–FY2024
Revenue
$517K
FY2024▲ ×18
Revenue by fiscal year
FY2020$26K
FY2021$30K
FY2022$545K
FY2023$28K
FY2024$517K
Expenses
$411K
FY2024▼ -11%
Expenses by fiscal year
FY2020$17K
FY2021Not on file
FY2022$461K
FY2023Not on file
FY2024$411K
Net assets
$197K
FY2024▲ +118%
Net assets by fiscal year
FY2020$77K
FY2021$63K
FY2022$147K
FY2023$90K
FY2024$197K

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 Jul 1975.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $379K Management & general 8% · $32K Fundraising 0% · $569

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

Who runs it and what they're paid

25 people listed on the 990; $85K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$84,811Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Nan Nawrocki’s $85K as Executive Dir. is at the 87th percentile of top reported officer pay among 1017 $100K–1M recreation & sports 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

NameFY2024FY2023FY2022FY2021
Nan Nawrocki$84,811$45,081$68,637$22,500

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.

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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 15aYes

Programs and updates

Offers maritime programs with ships and vessels to engage the public and youth at the Baltimore waterfront.

Provided by the organization

This section is blank until Baltimore Operation Sail Ltd claims this page.

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1 program service account for $379K of program spending, described in the organization's own filed words · FY2024.
01

Promotional activities for the harbor area of Baltimore City with emphasis on the sailing heritage.

$379Kprogram expense

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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 · FY2023
Total grants receivedfrom 1 funder$27

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$517K
Ln 12
Fees for servicesLn 2g$465K
Gifts and grantsLn 1h$37K
Other incomeLn 4–11$15K
Money outPt IX
$411K
Ln 25
Programscol B$379K
Managementcol C$32K
Fundraisingcol D$569
Owns and owesPt X
$197K
net assets · Ln 32
Cash and savingsLn 1–2$197K
Total assetsLn 16$201K
LiabilitiesLn 26$4K
PeoplePt VI, VII
25
listed · VII A
PaidVII A1
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$37K
Government grantsLn 1e$13K
Fees for servicesLn 2g$465K
Other incomeLn 4–11$15K
Gains on assetsLn 7$0
Total revenueLn 12$517K
Assets in detailPt X, end of year
CashLn 1$177K
SavingsLn 2$20K
Cash and savings togetherLn 1–2$197K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$2
Total assetsLn 16$201K
LiabilitiesLn 26$4K
Net assetsLn 32$197K
OperationsPt I, VI
EmployeesI 50
VolunteersI 633
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 FY24End FY24
Cash and savingsLn 1–2$201K$197K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$216K$201K
LiabilitiesLn 26$125K$4K
Net assetsLn 32$90K$197K
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$85K$68K$17K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$16K$13K$3K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$9K$7K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$5K$5K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$750$750
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$284K$284K
All other expensesLn 24e$6K$3K$3K$569
Total functional expensesLn 25$411K$379K$32K$569

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $517K$411K$106K$197K 990 PDF
FY2023 $28K$90K 990 PDF
FY2022 $545K$461K$84K$147K 990 PDF
FY2021 $30K$63K 990 PDF
FY2020 $26K$17K$9K$77K 990 PDF

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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 (4 parts)
Part VIII · Statement of revenue $517,333 across 11 lines filed
VIII-1e Government grants$12,947
VIII-1f All other contributions, gifts and grants$24,297
VIII-1h Total contributions, gifts and grants$37,244
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $464,963$464,963
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$14,924
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $202$202
VIII-12 Total revenueRelated to mission $464,963 · Excluded from tax $202$517,333
Part IX · Statement of functional expenses $411,008 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 staffPrograms $67,849 · Management $16,962$84,811
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $13,162 · Management $3,291$16,453
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $7,155 · Management $1,789$8,944
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $4,950$4,950
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,112$3,112
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $750$750
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsuranceManagement $1,851$1,851
IX-24 Other expenses (24a–d)Programs $283,975$283,975
IX-24e All other expensesPrograms $2,833 · Management $2,760 · Fundraising $569$6,162
IX-25 Total functional expensesPrograms $378,836 · Management $31,603 · Fundraising $569$411,008
Part X · Balance sheet $200,758 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $181,393$177,041
X-2 Savings and temporary cash investmentsStart of year $19,978$19,978
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$1,943
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $14,186$1,794
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$2
X-16 Total assetsStart of year $215,557$200,758
X-17 Accounts payable and accrued expensesStart of year $2,890$2,550
X-25 Other liabilitiesStart of year $2,415$1,631
X-26 Total liabilitiesStart of year $125,305$4,181
X-27 Net assets without donor restrictionsStart of year $90,252$196,577
X-32 Total net assets or fund balancesStart of year $90,252$196,577
X-33 Total liabilities and net assetsStart of year $215,557$200,758
Part XI · Reconciliation of net assets $196,577 net assets at year end
XI-1 Total revenue$517,333
XI-2 Total expenses$411,008
XI-3 Revenue less expenses$106,325
XI-4 Net assets at start of year$90,252
XI-10 Net assets at end of year$196,577

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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