AMERICAN SAILING INSTITUTE (EIN 383058861) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Phone

2483749197

Tax Period

2024-11-01 to 2025-10-31

AMERICAN SAILING INSTITUTE, founded in 1992, is a micro nonprofit in the Recreation & Sports sector that reported $30K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 48% operating deficit.

Mission

SAILING INSTRUCTION

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $31,069

Program Service Revenue $0

Investment Income $-14,494

Other Revenue $13,875

TOTAL REVENUE $30,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,614

Other Expenses $45,113

TOTAL EXPENSES $45,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,450	$43,526	-0.3%
Expenses	$45,113	$49,292	-0.1%
Net Income	$-14,663	$-5,766	+1.5%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DON SHARPE	EX-OFFICIO TREASURER	Officer	$0	$0	$0
ART CHRISTENSEN	SECRETARY	Officer	$0	$0	$0
TOM HERRITAGE	TREASURER	Officer	$0	$0	$0
TODD TREMAN	TRUSTEE	Officer	$0	$0	$0
MARTA PIONKE	TRUSTEE	Officer	$0	$0	$0
INGRID CRAUSE	TRUSTEE	Officer	$0	$0	$0
JOHN HARMALA	VICE PRESIDENT	Officer	$0	$0	$0
PATRICK CURRIER	PRESIDENT	Officer	$0	$0	$0
PAUL JOHNSON	TRUSTEE	Officer	$0	$0	$0
SAM LARIOZA	TRUSTEE	Officer	$0	$0	$0
ROBERT MORRIS	TRUSTEE	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
2025	$30,450	$45,113	$202,831	$-14,663
2024	$43,526	$49,292	$217,494	$-5,766
2023	$74,776	$45,474	$223,254	$29,302
2022	$46,427	$39,938	$194,935	$6,489
2021	$37,387	$35,528	$187,463	$1,859
2020	$1,662	$38,225	$176,303	$-36,563
2019	$20,005	$47,068	$223,560	$-27,063
2018	$47,303	$46,182	$249,247	$1,121

AMERICAN SAILING INSTITUTE