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WAYZATA SAILING FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WAYZATA SAILING FOUNDATION (EIN 41-1986402)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-12
IRS object ID
201923169349305022
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-12T14:54:06-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411292716PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COPELAND BUHL & COMPANY PLLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1800 EAST WAYZATA BOULEVARD STE 300AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP553911766ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411986402EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA SAILING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAYZBusinessNameControlTxt
Phone9524765875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 768AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES BELTZPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9524765875PhoneNum
Signature2019-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL PESTKAPreparerPersonNm
PTINP00185941PTIN
Phone9524767100PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.167.213.2IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-08IPDt
IP Tm13:27:53IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id3D79E098AD1A6F058B4CFA9B1E2ABE6E4F6993D2AtSubmissionCreationDeviceId
At Submission Filing Device IdC5DECCBDB6D3E07CB7093915B2B7D8B8A99458F6AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA COMMUNITY SAILING CENTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerROB HUNTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 768AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,561,856GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WAYZATASAILING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTHE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS TO FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee20TotalEmployeeCnt
Total Volunteers320TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$456,592PYContributionsGrantsAmt
CY Contributions Grants$1,212,294CYContributionsGrantsAmt
PY Program Service Revenue$222,240PYProgramServiceRevenueAmt
CY Program Service Revenue$246,073CYProgramServiceRevenueAmt
PY Investment Income$6,853PYInvestmentIncomeAmt
CY Investment Income-$162,053CYInvestmentIncomeAmt
PY Other Revenue$52,182PYOtherRevenueAmt
CY Other Revenue$25,534CYOtherRevenueAmt
PY Total Revenue$737,867PYTotalRevenueAmt
CY Total Revenue$1,321,848CYTotalRevenueAmt
PY Grants And Similar Paid$9,918PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$25,010CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$180,502PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$182,504CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$11,931CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$56,885CYTotalFundraisingExpenseAmt
PY Other Expenses$179,970PYOtherExpensesAmt
CY Other Expenses$186,724CYOtherExpensesAmt
PY Total Expenses$370,390PYTotalExpensesAmt
CY Total Expenses$406,169CYTotalExpensesAmt
PY Revenues Less Expenses$367,477PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$915,679CYRevenuesLessExpensesAmt
Total Assets BOY$2,523,756TotalAssetsBOYAmt
Total Assets EOY$3,587,511TotalAssetsEOYAmt
Total Liabilities BOY$23,932TotalLiabilitiesBOYAmt
Total Liabilities EOY$187,091TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,499,824NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,400,420NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE WAYZATA SAILING FOUNDATION IS TO INCREASE THE EDUCATION OF, UNDERSTANDING OF, AND APPRECIATION OF SAILING BOTH IN COMPETITIVE RACING AND RECREATIONAL CRUISING. THE FOUNDATION UNDERTAKES FUNDRAISING TO: SUPPORT PUBLIC SAILING CLINICS FOR STUDENTS IN THE LOCAL COMMUNITY.PROMOTE COMMUNITY YOUTH SAILING BY PROVIDING BOATS, ACCESSORIES AND INSTRUCTION IN AFFORDABLE CLASSES FOR STUDENTS WHO OTHERWISE WOULD NOT HAVE SUCH AN OPPORTUNITY.SUPPORT OTHER NON-PROFIT AND 501(C)3 ORGANIZATIONS THAT INTRODUCE AND FURTHER THE ENJOYMENT OF SAILING AND SAILBOAT RACING FOR YOUTH THROUGH EDUCATION.UNDERWRITE TRAINING, EDUCATION AND COMPETITION FOR NON-PROFIT YOUTH SAILING TEAMS.THE WAYZATA SAILING FOUNDATION DOES NOT AND WILL NOT DISCRIMINATE IN ANY MANNER WITH RESPECT TO RACE, CREED, NATIONAL OR CULTURAL ORIGIN, GENDER, OR SEXUAL PREFERENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$235,623ExpenseAmt
Grant$25,010GrantAmt
Revenue$246,073RevenueAmt
DescSUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16. THE CAMPS ALLOW CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS, AS WELL AS PROMOTE FUN, SAFETY, AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED A SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THROUGHOUT THE SUMMER.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$7,329ExpenseAmt
Revenue$13,474RevenueAmt
DescTHE ORGANIZATION HOSTED VARIOUS ACTIVITIES THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$242,952TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee20EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW THOMPSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9524765875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1456 ARLINGTON CIRCLEAddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROB HUNT
PRESIDENT3.00Yes (X)Yes (X)$0$0$0
ROBERT FOSTER
VICE PRESIDENT3.00Yes (X)Yes (X)$0$0$0
JAMES BELTZ
TREASURER3.00Yes (X)Yes (X)$0$0$0
ROBB HARRISS
SECRETARY3.00Yes (X)Yes (X)$0$0$0
ERNEST BRODY
DIRECTOR3.00Yes (X)$0$0$0
KRISTYN MULLIN
DIRECTOR3.00Yes (X)$0$0$0
BRIGHID HANSEN
DIRECTOR3.00Yes (X)$0$0$0
GEORGE HANSEN
DIRECTOR3.00Yes (X)$0$0$0
JANA SIMMONS
DIRECTOR3.00Yes (X)$0$0$0
LAWRENCE AUBUCHON
DIRECTOR3.00Yes (X)$0$0$0
MATTHEW THOMPSON
EXECUTIVE DIRECTOR40.00Yes (X)$55,750$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$55,750TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,212,294AllOtherContributionsAmt
Total Contributions$1,212,294TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION AND FEESDesc
Business713990BusinessCd
Total Revenue Column$246,073TotalRevenueColumnAmt
Related Or Exempt Func Income$246,073RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$246,073TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,747TotalRevenueColumnAmt
Exclusion$7,747ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$69,008SecuritiesAmt
Other$1,200OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$65,663SecuritiesAmt
Other$174,345OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,345SecuritiesAmt
Other-$173,145OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$169,800TotalRevenueColumnAmt
Exclusion-$169,800ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$12,060FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,060TotalRevenueColumnAmt
Exclusion$12,060ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSLIPS AND MOORINGDesc
Business900099BusinessCd
Total Revenue Column$13,474TotalRevenueColumnAmt
Related Or Exempt Func Income$13,474RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$13,474OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,321,848TotalRevenueColumnAmt
Related Or Exempt Func Income$259,547RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$149,993ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$25,010TotalAmt
Program Services$25,010ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$57,550TotalAmt
Program Services$28,775ProgramServicesAmt
Management And General$28,775ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$113,104TotalAmt
Program Services$67,628ProgramServicesAmt
Management And General$23,724ManagementAndGeneralAmt
Fundraising$21,752FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,850TotalAmt
Program Services$6,610ProgramServicesAmt
Management And General$3,848ManagementAndGeneralAmt
Fundraising$1,392FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,957TotalAmt
Management And General$7,479ManagementAndGeneralAmt
Fundraising$7,478FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$11,931TotalAmt
Fundraising$11,931FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,814TotalAmt
Program Services$615ProgramServicesAmt
Management And General$1,199ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,600TotalAmt
Program Services$3,190ProgramServicesAmt
Management And General$4,205ManagementAndGeneralAmt
Fundraising$4,205FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$74TotalAmt
Management And General$74ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$49,093TotalAmt
Program Services$44,184ProgramServicesAmt
Management And General$4,909ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,187TotalAmt
Program Services$9,594ProgramServicesAmt
Management And General$9,593ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROPERTY TAXES$28,869$9,623$9,623$9,623
BOAT EXPENSES$16,861$16,861
BANK FEES$15,476$15,476
UTILITIES$7,882$3,547$3,941$394

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,911TotalAmt
Program Services$11,839ProgramServicesAmt
Management And General$8,962ManagementAndGeneralAmt
Fundraising$110FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$406,169TotalAmt
Program Services$242,952ProgramServicesAmt
Management And General$106,332ManagementAndGeneralAmt
Fundraising$56,885FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$183,823BOYAmt
EOY$995,822EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$413BOYAmt
EOY$250,300EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,661,416LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$450,259LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,193,137BOYAmt
EOY$2,211,157EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$146,383BOYAmt
EOY$113,732EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$16,500EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,523,756BOYAmt
EOY$3,587,511EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,933BOYAmt
EOY$104,741EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$10,657BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$8,092BOYAmt
EOY$82,100EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$250BOYAmt
EOY$250EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,932BOYAmt
EOY$187,091EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,499,824BOYAmt
EOY$3,400,420EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,499,824BOYAmt
EOY$3,400,420EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,523,756BOYAmt
EOY$3,587,511EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$915,679ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$15,083NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$143,881CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$218,025CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$92,001CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$456,592CurrentTaxYearMinus1YearAmt
Current Tax Year$1,212,294CurrentTaxYearAmt
Total$2,122,793TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$282,222CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$287,866CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$293,677CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$271,754CurrentTaxYearMinus1YearAmt
Current Tax Year$271,607CurrentTaxYearAmt
Total$1,407,126TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$10,760CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,183CurrentTaxYearMinus1YearAmt
Total$20,943TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$426,103CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$505,891CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$396,438CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$738,529CurrentTaxYearMinus1YearAmt
Current Tax Year$1,483,901CurrentTaxYearAmt
Total$3,550,862TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$100,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$227,500CurrentTaxYearMinus1YearAmt
Current Tax Year$721,399CurrentTaxYearAmt
Total$1,048,899TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$39,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,983CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,546CurrentTaxYearMinus1YearAmt
Current Tax Year$315CurrentTaxYearAmt
Total$81,496TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$139,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,983CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$243,046CurrentTaxYearMinus1YearAmt
Current Tax Year$721,714CurrentTaxYearAmt
Total$1,130,395TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,420,467PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,419CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,708CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,310CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,853CurrentTaxYearMinus1YearAmt
Current Tax Year$7,747CurrentTaxYearAmt
Total$32,037TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,419CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,708CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,310CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,853CurrentTaxYearMinus1YearAmt
Current Tax Year$7,747CurrentTaxYearAmt
Total$32,037TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$432,522CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$511,599CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$401,748CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$745,382CurrentTaxYearMinus1YearAmt
Current Tax Year$1,491,648CurrentTaxYearAmt
Total$3,582,899TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.67560PublicSupportCY509Pct
Public Support PY5090.79480PublicSupportPY509Pct
Investment Income CY0.00890InvestmentIncomeCYPct
Investment Income PY0.01160InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$146,383BeginningYearBalanceAmt
Contributions$640,000ContributionsAmt
Investment Earnings Or Losses$57,070InvestmentEarningsOrLossesAmt
Grants Or Scholarships$15,846GrantsOrScholarshipsAmt
End Year Balance$827,607EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$122,132BeginningYearBalanceAmt
Contributions$20,000ContributionsAmt
Investment Earnings Or Losses$4,251InvestmentEarningsOrLossesAmt
End Year Balance$146,383EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,639BeginningYearBalanceAmt
Investment Earnings Or Losses$15,493InvestmentEarningsOrLossesAmt
End Year Balance$122,132EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$110,864BeginningYearBalanceAmt
Investment Earnings Or Losses$6,206InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,431GrantsOrScholarshipsAmt
End Year Balance$106,639EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$115,616BeginningYearBalanceAmt
Investment Earnings Or Losses$1,099InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,851GrantsOrScholarshipsAmt
End Year Balance$110,864EndYearBalanceAmt
FieldValueIRS element (for citing)
Term Endowment Balance EOY1.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,861,167InvestmentCostOrOtherBasisAmt
Book Value$1,861,167BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$236,815InvestmentCostOrOtherBasisAmt
Depreciation$5,472DepreciationAmt
Book Value$231,343BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$563,434InvestmentCostOrOtherBasisAmt
Depreciation$444,787DepreciationAmt
Book Value$118,647BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,211,157TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEPOSITDesc
Amt$250Amt
FieldValueIRS element (for citing)
Total Liability$250TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED AND SIGNED BY THE TREASURER.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH REGULAR INQUIRIES MADE BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19BYLAWS, CODE OF ETHICS, DIVERSITY STATEMENT, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST ONLY.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA YACHT CLUBBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 585AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
EIN237120748EIN
Primary ActivitiesSAILING EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(7)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd