Empower aged-out foster children and underpriviledged youth through sailing.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $11K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$54K
+260% vs prior year
Spent
$52K
To programs
94%
Net assets
$9K
By yearFY2021–FY2025
Revenue
$54K
FY2024▲ +260%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.1M
FY2022−$53K
FY2023$15K
FY2024$54K
FY2025$56K
Expenses
$52K
FY2024▲ +77%
Tap a bar for its year
Expenses by fiscal year
FY2021$866K
FY2022$1.1M
FY2023$29K
FY2024$52K
FY2025$63K
Net assets
$9K
FY2024▲ +33%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.2M
FY2022$21K
FY2023$7K
FY2024$9K
FY2025$2K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2022.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $49K Management & general 6% · $3K

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

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Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary/Tr
$0Pt VII · Sec A
$0Pt VII · Sec A

Sean Raymond Ives’s $35K as Secretary/Tr is at the 73rd percentile of top reported officer pay among 112 <$100K youth development 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

NameFY2022FY2021
Sean Raymond Ives$35,000$35,000

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 15aNo

Programs and updates

Empowers aged-out foster children and underprivileged youth through sailing programs.

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Provided by the organization

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2 programs · $49K · in their own filed words · FY2024
01

Empower aged-out foster children and underpriviledged youth through sailing. Through our programs, sailing yacht wisdom and robin's tent, we provide young adults with the tools, confidence, and support to create any future tey can possibly imagine.

$49Kprogram expense
02

Robin's Tents

Feeding underpriveledged youth, services on a monthly basis, and serving over 100 kids per month.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$54K
Ln 12
Gifts and grantsLn 1h$54K
Money outPt IX
$52K
Ln 25
Programscol B$49K
Managementcol C$3K
Owns and owesPt X
$9K
net assets · Ln 32
Cash and savingsLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$54K
Total revenueLn 12$54K
Assets in detailPt X, end of year
CashLn 1$9K
Cash and savings togetherLn 1–2$9K
Total assetsLn 16$9K
LiabilitiesLn 26$0
Net assetsLn 32$9K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
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$7K$9K
Total assetsLn 16$7K$9K
LiabilitiesLn 26$0$0
Net assetsLn 32$7K$9K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$5K$5K
Legal feesLn 11b$641$641
Accounting feesLn 11c$2K$2K
Office expensesLn 13$673$673
TravelLn 17$26K$26K
Other expenses (24a–d)Ln 24$18K$18K$63
Total functional expensesLn 25$52K$49K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $56K$63K−$7K$2K 990 PDF
FY2024 Viewing $54K$52K$2K$9K 990 PDF
FY2023 $15K$29K−$14K$7K 990 PDF
FY2022 −$53K$1.1M−$1.2M$21K 990 PDF
FY2021 $2.1M$866K$1.2M$1.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $54,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $15,010$54,000
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $7$0
I-12 Total revenuePrior year $15,017$54,000
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$4,800
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $29,252$46,964
I-18 Total expensesPrior year $29,252$51,764
I-19 Revenue less expensesPrior year −$14,235$2,236
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $54,000 across 3 lines filed
VIII-1f All other contributions, gifts and grants$54,000
VIII-1h Total contributions, gifts and grants$54,000
VIII-12 Total revenue$54,000
Part IX · Statement of functional expenses $51,764 across 6 lines filed
IX-7 Other salaries and wagesPrograms $4,800$4,800
IX-11b Legal feesManagement $641$641
IX-11c Accounting feesManagement $1,770$1,770
IX-13 Office expensesManagement $673$673
IX-17 TravelPrograms $25,859$25,859
IX-24 Other expenses (24a–d)Programs $17,958 · Management $63$18,021
IX-25 Total functional expensesPrograms $48,617 · Management $3,147 · Fundraising $0$51,764
Part X · Balance sheet $9,027 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $6,791$9,027
X-16 Total assetsStart of year $6,791$9,027
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $6,791$9,027
X-32 Total net assets or fund balancesStart of year $6,791$9,027
X-33 Total liabilities and net assetsStart of year $6,791$9,027
Part XI · Reconciliation of net assets $9,027 net assets at year end
XI-1 Total revenue$54,000
XI-2 Total expenses$51,764
XI-3 Revenue less expenses$2,236
XI-4 Net assets at start of year$6,791
XI-10 Net assets at end of year$9,027

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

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