NEW ENGLAND SAILING FOUNDATION INC

EIN: 271261568 501(c)(3)

MARBLEHEAD, MA

Total Revenue
$1,795,441
Total Expenses
$4,593,355
Total Assets
$32,351
Net Assets
$32,351
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MA
Phone
6175102099
Tax Period
2019-01-01 to 2019-12-31

NEW ENGLAND SAILING FOUNDATION INC, founded in 2009, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2019. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $4.6M exceeded revenue, resulting in a 156% operating deficit.

Mission

TO SUPPORT THE TRAINING OF AMATEUR SAILORS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $1,795,441
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,795,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $0
Program Expenses $4,593,355
Other Expenses $4,533,355
TOTAL EXPENSES $4,593,355

Year-over-Year Comparison

2019 2018 Change
Revenue $1,795,441 $6,370,005 -0.7%
Expenses $4,593,355 $3,567,906 +0.3%
Net Income $-2,797,914 $2,802,099 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$60,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BUCKLEY President 50.00
Officer
$60,000 $0 $60,000
JUSTIN SHAFFER CEO 20.00
Officer
$0 $0 $0
ROBERT DOYLE Chairman 0.00
Officer
$0 $0 $0
HENLEY WEBB Secretary 0.00
Officer
$0 $0 $0
DEREK GREEN Treasurer 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $1,795,441 $4,593,355 $32,351 $-2,797,914
2018 $6,370,005 $3,567,906 $2,830,265 $2,802,099
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW ENGLAND SAILING FOUNDATION INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.