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WAYZATA SAILING FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
WAYZATA SAILING FOUNDATION (EIN 41-1986402)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-11-14
IRS object ID
201723189349300342
Schema version
2016v3.0
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)
Return2017-11-14T07:58:29-06:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

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 Begin2016-01-01TaxPeriodBeginDt

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
Signature2017-10-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID NIEMELAPreparerPersonNm
PTINP01911830PTIN
Phone9524767100PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.167.213.2IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-10-30IPDt
IP Tm13:57:58IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdD4F3B805D74C6DF23529BCB3F706EE3364A28B65AtSubmissionCreationDeviceId
At Submission Filing Device Id1E60F72B33925BA50D071709469C51CE24CF1EABAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$401,748GrossReceiptsAmt
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 Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$218,026PYContributionsGrantsAmt
CY Contributions Grants$92,001CYContributionsGrantsAmt
PY Program Service Revenue$238,675PYProgramServiceRevenueAmt
CY Program Service Revenue$241,265CYProgramServiceRevenueAmt
PY Investment Income$5,528PYInvestmentIncomeAmt
CY Investment Income$5,310CYInvestmentIncomeAmt
PY Other Revenue$40,645PYOtherRevenueAmt
CY Other Revenue$53,789CYOtherRevenueAmt
PY Total Revenue$502,874PYTotalRevenueAmt
CY Total Revenue$392,365CYTotalRevenueAmt
PY Grants And Similar Paid$4,460PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$8,162CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$156,204PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$150,456CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$15,357PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$9,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,050CYTotalFundraisingExpenseAmt
PY Other Expenses$173,089PYOtherExpensesAmt
CY Other Expenses$170,742CYOtherExpensesAmt
PY Total Expenses$349,110PYTotalExpensesAmt
CY Total Expenses$338,360CYTotalExpensesAmt
PY Revenues Less Expenses$153,764PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$54,005CYRevenuesLessExpensesAmt
Total Assets BOY$2,476,841TotalAssetsBOYAmt
Total Assets EOY$2,514,798TotalAssetsEOYAmt
Total Liabilities BOY$398,499TotalLiabilitiesBOYAmt
Total Liabilities EOY$382,451TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,078,342NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,132,347NetAssetsOrFundBalancesEOYAmt
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$234,105ExpenseAmt
Grant$8,162GrantAmt
Revenue$221,792RevenueAmt
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$31,333ExpenseAmt
Revenue$29,685RevenueAmt
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$265,438TotalProgramServiceExpensesAmt
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 Liabilities0ReportOtherLiabilitiesInd
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 ActivitiesYes (1)FundraisingActivitiesInd
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 G1IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee25EmployeeCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 Line1KATHY MEISTERBusinessNameLine1Txt
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 (12 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
PATTY HICKS
DIRECTOR3.00Yes (X)$0$0$0
PAT MALONEY
DIRECTOR3.00Yes (X)$0$0$0
GEORGE HANSEN
DIRECTOR3.00Yes (X)$0$0$0
JANA SIMMONS
DIRECTOR3.00Yes (X)$0$0$0
LARRY AUBUCHON
DIRECTOR3.00Yes (X)$0$0$0
HOWARD NOREEN
DIRECTOR3.00Yes (X)$0$0$0
MATTHEW THOMPSON
EXECUTIVE DIRECTOR40.00Yes (X)$52,083$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$52,083TotalReportableCompFromOrgAmt
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
Fundraising$12,251FundraisingAmt
All Other Contributions$79,750AllOtherContributionsAmt
Total Contributions$92,001TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES713990$221,792$221,792
REGATTAS & CLINICS713990$19,473$19,473
FieldValueIRS element (for citing)
Total Program Service Revenue$241,265TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,310TotalRevenueColumnAmt
Exclusion$5,310ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$39,385FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$12,251ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,582FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,803TotalRevenueColumnAmt
Exclusion$37,803ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$10,760GamingGrossIncomeAmt
Gaming Direct Expenses$5,565GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,195TotalRevenueColumnAmt
Exclusion$5,195ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,815GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,236CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$579TotalRevenueColumnAmt
Exclusion$579ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSLIPS AND MOORINGDesc
Business900099BusinessCd
Total Revenue Column$10,212TotalRevenueColumnAmt
Related Or Exempt Func Income$10,212RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,212OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$392,365TotalRevenueColumnAmt
Related Or Exempt Func Income$251,477RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$48,887ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$4,662TotalAmt
Program Services$4,662ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,500TotalAmt
Program Services$3,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$52,083TotalAmt
Program Services$41,146ProgramServicesAmt
Management And General$9,375ManagementAndGeneralAmt
Fundraising$1,562FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$84,737TotalAmt
Program Services$66,942ProgramServicesAmt
Management And General$15,253ManagementAndGeneralAmt
Fundraising$2,542FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,636TotalAmt
Program Services$10,772ProgramServicesAmt
Management And General$2,454ManagementAndGeneralAmt
Fundraising$410FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,650TotalAmt
Management And General$4,650ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$9,000TotalAmt
Fundraising$9,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$16,662TotalAmt
Program Services$12,996ProgramServicesAmt
Management And General$2,999ManagementAndGeneralAmt
Fundraising$667FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,802TotalAmt
Program Services$10,903ProgramServicesAmt
Management And General$2,484ManagementAndGeneralAmt
Fundraising$415FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,487TotalAmt
Program Services$1,487ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$19,653TotalAmt
Program Services$15,722ProgramServicesAmt
Management And General$3,931ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$43,004TotalAmt
Program Services$33,973ProgramServicesAmt
Management And General$7,741ManagementAndGeneralAmt
Fundraising$1,290FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$17,016TotalAmt
Program Services$13,443ProgramServicesAmt
Management And General$3,063ManagementAndGeneralAmt
Fundraising$510FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROPERTY TAX$21,786$17,210$3,922$654
REGATTAS & CLINICS$9,466$9,466
BOAT EXPENSES$9,106$9,106
UTILITIES$4,620$4,620

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,490TotalAmt
Program Services$9,490ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$338,360TotalAmt
Program Services$265,438ProgramServicesAmt
Management And General$55,872ManagementAndGeneralAmt
Fundraising$17,050FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$113,149BOYAmt
EOY$127,754EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$33,870BOYAmt
EOY$29,763EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,653,864LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$435,312LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,212,890BOYAmt
EOY$2,218,552EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$116,932BOYAmt
EOY$122,132EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$16,597EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,476,841BOYAmt
EOY$2,514,798EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,131BOYAmt
EOY$8,643EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$367,720BOYAmt
EOY$356,572EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$26,648BOYAmt
EOY$17,236EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$398,499BOYAmt
EOY$382,451EOYAmt
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$2,078,342BOYAmt
EOY$2,132,347EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,078,342BOYAmt
EOY$2,132,347EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,476,841BOYAmt
EOY$2,514,798EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$54,005ReconcilationRevenueExpnssAmt
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$536,344CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$248,922CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,881CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$218,025CurrentTaxYearMinus1YearAmt
Current Tax Year$92,001CurrentTaxYearAmt
Total$1,239,173TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$256,120CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$283,008CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$282,222CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$287,866CurrentTaxYearMinus1YearAmt
Current Tax Year$293,677CurrentTaxYearAmt
Total$1,402,893TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year$10,760CurrentTaxYearAmt
Total$10,760TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$792,464CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$531,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$426,103CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$505,891CurrentTaxYearMinus1YearAmt
Current Tax Year$396,438CurrentTaxYearAmt
Total$2,652,826TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$250,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$100,000CurrentTaxYearMinus1YearAmt
Total$450,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$250,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$100,000CurrentTaxYearMinus1YearAmt
Total$450,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,202,826PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,083CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,229CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,419CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,708CurrentTaxYearMinus1YearAmt
Current Tax Year$5,310CurrentTaxYearAmt
Total$28,749TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,083CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,229CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,419CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,708CurrentTaxYearMinus1YearAmt
Current Tax Year$5,310CurrentTaxYearAmt
Total$28,749TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$797,547CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$538,159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$432,522CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$511,599CurrentTaxYearMinus1YearAmt
Current Tax Year$401,748CurrentTaxYearAmt
Total$2,681,575TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.82150PublicSupportCY509Pct
Public Support PY5090.81690PublicSupportPY509Pct
Investment Income CY0.01070InvestmentIncomeCYPct
Investment Income PY0.01090InvestmentIncomePYPct
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$106,639BeginningYearBalanceAmt
Investment Earnings Or Losses$15,493InvestmentEarningsOrLossesAmt
End Year Balance$122,132EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,394BeginningYearBalanceAmt
Investment Earnings Or Losses$13,775InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,553GrantsOrScholarshipsAmt
End Year Balance$115,616EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$111,929BeginningYearBalanceAmt
Investment Earnings Or Losses-$146InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,389GrantsOrScholarshipsAmt
End Year Balance$106,394EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
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$258,528InvestmentCostOrOtherBasisAmt
Depreciation$59,641DepreciationAmt
Book Value$198,887BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$534,169InvestmentCostOrOtherBasisAmt
Depreciation$375,671DepreciationAmt
Book Value$158,498BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,218,552TotalBookValueLandBuildingsAmt

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 G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1WINE ON WAYZATA BAYEvent1Nm
Gross Receipts Event1$30,435GrossReceiptsEvent1Amt
Gross Revenue Event1$30,435GrossRevenueEvent1Amt
Event2CAPITAL CAMPAIGNEvent2Nm
Gross Receipts Event2$7,705GrossReceiptsEvent2Amt
Charitable Contri Event2$7,705CharitableContriEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$7,376GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$7,376GrossRevenueOtherEventsAmt
Food And Beverage Other Events$83FoodAndBeverageOtherEventsAmt
Gross Receipts Total$45,516GrossReceiptsTotalAmt
Charitable Contributions Tot$7,705CharitableContributionsTotAmt
Gross Revenue Total Events$37,811GrossRevenueTotalEventsAmt
Food And Beverage Total Events$83FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$83DirectExpenseSummaryEventsAmt
Net Income Summary$37,728NetIncomeSummaryAmt

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