COMMUNITY SAILING NEW ORLEANS

EIN: 273832411 501(c)(3) Recreation & Sports

NEW ORLEANS, LA

Total Revenue
$941,399
Total Expenses
$972,990
Total Assets
$8,188,531
Net Assets
$6,290,958
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
LA
Principal Officer
WARNER TUREAUD
Phone
5044501956
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY SAILING NEW ORLEANS, founded in 2010, is a small nonprofit in the Recreation & Sports sector that reported $941K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Net assets of $6.3M represent 80 months of operating reserves.

Mission

THE ADVANCEMENT OF SAILING FOR ALL BY MINIMIZING ECONOMIC AND PHYSICAL OBSTACLES TO SAILING.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $796,286
Program Service Revenue $49,482
Investment Income $58,989
Other Revenue $36,642
TOTAL REVENUE $941,399

Expense Breakdown

Grants Paid $0
Salaries & Benefits $316,164
Fundraising Expenses $144,386
Program Expenses $445,700
Other Expenses $586,164
TOTAL EXPENSES $972,990

Year-over-Year Comparison

2024 2023 Change
Revenue $941,399 $3,934,062 -0.8%
Expenses $972,990 $874,036 +0.1%
Net Income $-31,591 $3,060,026 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
17
Independent Members
17
Employees
19
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT KOTTLER BOARD MEMBER 0.00
Director
$0 $0 $0
SUSAN GRANGER BOARD MEMBER 0.00
Director
$0 $0 $0
CATHERINE FREEMAN BOARD MEMBER 0.00
Director
$0 $0 $0
GUY BRIERRE BOARD MEMBER 0.00
Director
$0 $0 $0
JOHN MANARD BOARD MEMBER 0.00
Director
$0 $0 $0
KIM BOYLE BOARD MEMBER 0.00
Director
$0 $0 $0
BOB FARNSWORTH BOARD MEMBER 0.00
Director
$0 $0 $0
WILLIAM WRIGHT BOARD MEMBER 0.00
Director
$0 $0 $0
LYNNE BURKART BOARD MEMBER 0.00
Director
$0 $0 $0
FRANK DARDEN BOARD MEMBER 0.00
Director
$0 $0 $0
WHIT HUGULEY BOARD MEMBER 0.00
Director
$0 $0 $0
MIKKI MATHEWS BOARD MEMBER 0.00
Director
$0 $0 $0
CLINT SMITH BOARD MEMBER 0.00
Director
$0 $0 $0
WALTER TUREAUD PRESIDENT 0.00
Officer
$0 $0 $0
GREG RATTLER VICE PRESIDENT 0.00
Officer
$0 $0 $0
REGINALD H SMITH JR SECRETARY 0.00
Officer
$0 $0 $0
GUY WILLIAMS 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
2024 $941,399 $972,990 $8,188,531 $-31,591
2023 $3,934,062 $874,036 $8,238,180 $3,060,026
2022 $1,395,036 $813,730 $4,963,082 $581,306
2021 $1,072,604 $502,521 $3,056,677 $570,083
2020 $367,087 $393,673 $2,446,538 $-26,586
2019 $380,713 $237,631 $2,469,749 $143,082
2018 $493,180 $81,284 $1,994,246 $411,896
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