WAYZATA SAILING FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WAYZATA SAILING FOUNDATION (EIN 41-1986402)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201333199349302043
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T09:02:05-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410887288 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOULAY HEUTMAKER ZIBELL & CO PLLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7500 FLYING CLOUD DRIVE 800 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55344 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411986402 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYZATA SAILING FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WAYZ | NameControl |
| Phone | 9524765875 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 768 | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROSS SIEMERS | Name |
| Title | PRESIDENT | Title |
| Phone | 9524765875 | Phone |
| Date Signed | 2013-11-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LANCE R MADSON | Name |
| PTIN | P00131735 | PTIN |
| Phone | 9528939320 | Phone |
| Date Prepared | 2013-11-11 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYZATA COMMUNITY SAILING CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HOWARD NOREEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 768 | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 823349 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WAYZATASAILING.ORG | WebSite |
| Type Of Organization Association | X | TypeOfOrganizationAssociation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | THE WAYZATA SAILING FOUNDATION'S PURPOSE IS PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS, FACILITIES AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 17 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 88444 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 536344 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 232812 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 250469 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4137 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5794 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6500 | OtherRevenuePriorYear |
| Other Revenue Current Year | 11121 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 331893 | TotalRevenuePriorYear |
| Total Revenue Current Year | 803728 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11010 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 13917 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 165564 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 190214 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 81418 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 91390 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 250294 | OtherExpensePriorYear |
| Other Expenses Current Year | 194808 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 426868 | TotalExpensesPriorYear |
| Total Expenses Current Year | 480357 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -94975 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 323371 | RevenuesLessExpensesCY |
| Total Assets BOY | 2308948 | TotalAssetsBOY |
| Total Assets EOY | 2593043 | TotalAssetsEOY |
| Total Liabilities BOY | 778121 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 738845 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1530827 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1854198 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 281869 | Expense |
| Grants | 13917 | Grants |
| Revenue | 231268 | Revenue |
| Description | SUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16 ALLOWING CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS AS WELL AS PROMOTE FUN, SAFETY AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THOUGHOUT THE SUMMER. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 36956 | Expense |
| Revenue | 30322 | Revenue |
| Description | THE ORGANZIATION HOSTED VARIOUS SPECIAL EVENTS THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 318825 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 17 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BETH FOSTER | NamePerson |
| Telephone Number | 6127412313 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3405 NORTHOME ROAD | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (11 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ROSS SIEMERS | ||||||
| PRESIDENT | 3.00 | X | X | 0 | 0 | 0 |
| JAMES BELTZ | ||||||
| TREASURER | 3.00 | X | X | 0 | 0 | 0 |
| ROBB HARRISS | ||||||
| SECRETARY | 3.00 | X | X | 0 | 0 | 0 |
| PATRICK MALONEY | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| DOUG SAUTER | ||||||
| VICE PRESIDENT | 3.00 | X | X | 0 | 0 | 0 |
| HOWARD NOREEN | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| ERNEST BRODY | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| HOLLAND CAPPER | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 70700 | 0 | 0 | |
| ED TOWEY | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| LEE VIRNIG | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| PATRICIA HICKS | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 70700 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 416926 | FundraisingEvents |
| All Other Contributions | 119418 | AllOtherContributions |
| Total Contributions | 536344 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 713990 | 220147 | 220147 |
| SPECIAL EVENTS | 713990 | 30322 | 30322 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 250469 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5083 | TotalRevenueColumn |
| Exclusion | $5,083 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 2675 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 2675 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2675 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2675 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13832 | Securities |
| Other | 6500 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 13946 | Securities |
| Other | 5675 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -114 | Securities |
| Other | 825 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 711 | TotalRevenueColumn |
| Exclusion | $711 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 416926 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2795 | GrossSalesOfInventory |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2795 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2795 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SLIPS & MOORING | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 5651 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5651 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 5651 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 803728 | TotalRevenueColumn |
| Related Or Exempt Function Income | 261590 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $5,794 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10352 | Total |
| Program Services | 10352 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3565 | Total |
| Program Services | 3565 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 177009 | Total |
| Program Services | 139271 | ProgramServices |
| Management And General | 31858 | ManagementAndGeneral |
| Fundraising | 5880 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13205 | Total |
| Program Services | 10389 | ProgramServices |
| Management And General | 2377 | ManagementAndGeneral |
| Fundraising | 439 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2000 | Total |
| Management And General | 2000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81418 | Total |
| Fundraising | 81418 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3930 | Total |
| Program Services | 3930 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8984 | Total |
| Program Services | 7119 | ProgramServices |
| Management And General | 1356 | ManagementAndGeneral |
| Fundraising | 509 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6978 | Total |
| Program Services | 1273 | ProgramServices |
| Management And General | 5626 | ManagementAndGeneral |
| Fundraising | 79 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9899 | Total |
| Program Services | 9899 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48422 | Total |
| Program Services | 38099 | ProgramServices |
| Management And General | 10323 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30036 | Total |
| Program Services | 23632 | ProgramServices |
| Management And General | 5406 | ManagementAndGeneral |
| Fundraising | 998 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17142 | Total |
| Program Services | 13692 | ProgramServices |
| Management And General | 2912 | ManagementAndGeneral |
| Fundraising | 538 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROPERTY TAX | 27350 | 17537 | 8284 | 1529 |
| MAINTENANCE | 13077 | 13077 | ||
| BOAT EXPENSE | 10537 | 10537 | ||
| SPECIAL EVENT EXPENSE | 6750 | 6750 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9703 | Total |
| Program Services | 9703 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 480357 | Total |
| Program Services | 318825 | ProgramServices |
| Management And General | 70142 | ManagementAndGeneral |
| Fundraising | 91390 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21420 | BOY |
| EOY | 144499 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 172440 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 510 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2465408 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 304948 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2171042 | BOY |
| EOY | 2160460 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116486 | BOY |
| EOY | 115134 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2308948 | BOY |
| EOY | 2593043 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24484 | BOY |
| EOY | 7436 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 702853 | BOY |
| EOY | 683294 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50784 | BOY |
| EOY | 48115 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 778121 | BOY |
| EOY | 738845 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1530827 | BOY |
| EOY | 1854198 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1530827 | BOY |
| EOY | 1854198 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2308948 | BOY |
| EOY | 2593043 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 323371 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 186413 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 180978 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 271465 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 295312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 786814 | CurrentTaxYear |
| Total | 1720982 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 186413 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 180978 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 271465 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 295312 | CurrentTaxYearMinus1Year |
| Current Tax Year | 786814 | CurrentTaxYear |
| Total | 1720982 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 1720982 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7255 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4392 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5167 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4931 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5084 | CurrentTaxYear |
| Total | 26829 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 19868 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 22108 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26421 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 32445 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11120 | CurrentTaxYear |
| Total | 111962 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1859773 | TotalSupport |
| Public Support Pertcentage170 | 0.92540 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.88970 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 111929 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -146 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5388 | GrantsOrScholarships |
| End Of Year Balance | 106394 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 107571 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 9923 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5565 | GrantsOrScholarships |
| End Of Year Balance | 111929 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1861167 | InvestmentCostOrOtherBasis |
| Book Value | 1861167 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 260200 | InvestmentCostOrOtherBasis |
| Depreciation | 35756 | Depreciation |
| Book Value | 224444 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 344041 | InvestmentCostOrOtherBasis |
| Depreciation | 269192 | Depreciation |
| Book Value | 74849 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2160460 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 802903 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 802903 | RevenueSubtotal |
| Other Revenues Not Included | 825 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 825 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 803728 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 479532 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -825 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -825 | ExpensesNotRptdF990 |
| Expenses Subtotal | 480357 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 480357 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | TO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | GAIN ON SALE OF PROPERTY | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | GAIN ON SALE OF PROPERTY | |
| ON FINANCIAL STATEMENTS ISSUED GAIN ON SALE OF PROPERTY WAS INCLUDED WITH FUNCTIONAL EXPENSES BUT FOR TAX RETURN REPORTING WAS INCLUDED ON THE STATEMENT OF REVENUE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUNDRAISING & DEVELOPMENT INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19980 COTTAGEWOOD ROAD | AddressLine1 |
| City | DEEPHAVEN | City |
| State | MN | State |
| ZIP Code | 55331 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 356832 | GrossReceipts |
| Amount Retained By Contractor | 68496 | AmountRetainedByContractor |
| Net To Organization | 288336 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 356832 | TotalGrossReceipts |
| Total Retained By Contractors | 68496 | TotalRetainedByContractors |
| Total Net To Organization | 288336 | TotalNetToOrganization |
| Licensed States | MN | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CAPITAL CAMPAIGN | NameOfEvent1 |
| Gross Receipts Event1 | 356832 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 356832 | CharitableContributionsEvent1 |
| Other Direct Expenses Event1 | 68496 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ANNUAL APPEAL | NameOfEvent2 |
| Gross Receipts Event2 | 23548 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 23548 | CharitableContributionsEvent2 |
| Other Direct Expenses Event2 | 1970 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 36546 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 36546 | CharitableContribOtherEvents |
| Other Direct Expenses Other Events | 10952 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 416926 | GrossReceiptsTotal |
| Charitable Contributions Total | 416926 | CharitableContributionsTotal |
| Other Direct Expenses Total Events | 81418 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 81418 | DirectExpenseSummaryEvents |
| Net Income Summary | -81418 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DOING BUSINESS AS | FORM 990, PART I, ITEM C | DBA: WAYZATA COMMUNITY SAILING CENTER DBA: WAYZATA SAILING SCHOOL |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE 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 15 | COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | BYLAWS, CODE OF ETHICS, DIVERSITY STATEMENT, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST ONLY. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAYZATA YACHT CLUB | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 585 | AddressLine1 |
| City | WAYZATA | City |
| State | MN | State |
| ZIP Code | 55391 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237120748 | EIN |
| Primary Activities | SAILING EDUCATION | PrimaryActivities |
| Legal Domicile State | MN | LegalDomicileState |
| Exempt Code Section | 501(C)(7) | ExemptCodeSection |
| Public Charity Status | III-O | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |