Sail Sand Point EIN 91-1928908 Form 990 (PDF) Claim this org

Sail Sand Point FY2020 filing

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Sail Sand Point is a recreation and sports nonprofit based in Seattle, WA. For fiscal year 2020 it reported $677K in revenue, $585K in expenses, and $1.3M in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Seattle, WA
Website
www.sailsandpoint.org
Filings
6 on file (2020–2020)
Revenue
$677KFY2020
Expenses
$585K
Net assets
$1.3M
People
13
Filings
6
Updates
0
More identity details & actions ⌄
EIN  91-1928908 Public charity (501(c)(3)) Seattle, WA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
a recreation and sports nonprofit
Leadership
Seth L Muir · Executive Director · $80K
Money in and out
$677K revenue, $585K expenses
Bottom line
56% program efficiency
Where the money goes · FY2020
Total revenue
$677K
Pt VIII · Ln 12
Total expenses
$585K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $93K
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.37 Fundraising $0.07
Program efficiency
56%
of spending reaches programs
Operating runway
22.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$677K
FY2020
Expenses
$585K
FY2020
Total assets
$1.4M
FY2020
Total liabilities
$25K
FY2020
Total revenue
$677K
Pt VIII · Ln 12
Total expenses
$585K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$93K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

3 program services account for $51K of program spending, described in the organization's own filed words · FY2020.
01

Through open boating, our boat and sup (stand up paddle boards) rental program we served 2,300 customers from april 15TH to october 30TH. This provides easy access to the water and serves our mission well.

$24Kprogram expense
02

We taught 30 adults to sail with one (1) scholarships equalling $250. This is a wonderful opportunity for adults to get on the water and see the world from the aquatic environment of lake washington. These classes allow most students to then rent boats from us thus having the chance to include their family and friends.

$15Kprogram expense
03

We provided camp for 95 youth sailors through camps in two locations. We awarded 13 scholarships amounting to $5,525 additionally, through our shipmates program, we had 18 disadvantaged, at-risk AND/OR disabled youth come sailing for the day. We awarded this group 18 scholarships.

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSail Sand Point
EINHdr · item D91-1928908
Principal addressHdr · item CSeattle, WA
WebsiteHdr · item Jwww.sailsandpoint.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N20)
Ruling yearIRS BMFNov 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$80,000Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Seth L Muir’s $104K as Executive Director is at the 36th percentile of top reported officer pay among 1841 $1–10M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Seth L Muir$104,345$84,770$85,651$77,987$77,538$80,000

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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Statement of Revenue

Part VIII
Program service revenue$257K · 38%
Contributions & grants$206K · 30%
Other revenue$149K · 22%
Investment income$65K · 10%
Program service revenue38%$257K
Contributions & grants30%$206K
Other revenue22%$149K
Investment income10%$65K
Total revenueLn 12$677K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.37 Fundraising $0.07
Program services56%$327K
Management & general37%$216K
Fundraising7%$41K
Total functional expensesLn 25$585K

Balance Sheet

Part X · end of year
CashLn 1$396K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$25K
Total net assetsLn 32$1.3M
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $585K
22.7 months
Where the money goes
Program services
Program services $327K · Total expenses $585K
56%
Management & General
Management & general $216K · Total expenses $585K
37%
Fundraising
Fundraising $41K · Total expenses $585K
7%
Cost to raise $1
Fundraising expense $41K · Solicited contributions $206K
$0.20 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $206K · Total revenue $677K
30%
Government reliance
Government grants — · Total revenue $677K
Earned-income share
Program service revenue $257K · Total revenue $677K
38%
Investment reliance
Investment income $65K · Total revenue $677K
+10%
Program self-sufficiency
Program service revenue $257K · Total expenses $585K
44%
Growth & trend
Revenue growth (YoY)
This year $677K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $677K · Expenses $585K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.3M · Total assets $1.4M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $710K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
52%
People & payroll
Highest Reported Total Compensation
Individual Seth L Muir · Reported title Executive Director · Highest reported compensation $80K · Total expenses $585K
14%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $347K · Total expenses $585K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 37%
Fundraising cost ratio 20%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$1.9M revenue · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$873K revenue · ⤓ 990 PDF
FY2021$974K revenue · ⤓ 990 PDF
FY2020$677K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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