SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC (EIN 455479135) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

ERIC ZUFELT

Phone

9204578619

Tax Period

2024-01-01 to 2024-12-31

SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC, founded in 2012, is a community nonprofit in the Recreation & Sports sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum.

Mission

TO DEVELOP AND FACILITATE PLANS AND PROJECTS TO ELEVATE, SUPPLEMENT, AND ENHANCE THE USAGE OF SAILING AND WATER SPORT FACILITIES/ORGANIZATIONS BENEFITING SHEBOYGAN'S WATERFRONT AND MARINE EDUCATION GENERALLY IN ORDER TO PROVIDE MORE SERVICES AT A REASONABLE COST, WHILE MAXIMIZING THE IMPACT OF THE DONORS' PHILANTHROPIC DOLLARS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,588,644

Program Service Revenue $38,325

Investment Income $210,443

Other Revenue $7,980

TOTAL REVENUE $1,845,392

Expense Breakdown

Grants Paid $1,350,000

Salaries & Benefits $334,913

Fundraising Expenses $26,495

Program Expenses $1,793,445

Other Expenses $276,383

TOTAL EXPENSES $1,961,296

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,845,392	$1,110,629	+0.7%
Expenses	$1,961,296	$1,224,862	+0.6%
Net Income	$-115,904	$-114,233	+0.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$96,262

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC ZUFELT	CHAIRMAN	10.00	Officer Director	$0	$0	$0
DENISE CORNELL	TREASURER	1.00	Officer Director	$0	$0	$0
JASON BEMIS	SECRETARY	2.00	Officer Director	$0	$0	$0
ADAM BROTZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MECH	DIRECTOR	1.00	Director	$0	$0	$0
JODI WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BARTELT	DIRECTOR	1.00	Director	$0	$0	$0
JERRY SLAVENS	EXECUTIVE DIRECTOR	40.00	Officer	$87,609	$8,653	$96,262

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	$1,845,392	$1,961,296	$2,595,554	$-115,904
2023	$1,110,629	$1,224,862	$2,710,502	$-114,233
2022	$713,874	$720,053	$2,886,764	$-6,179
2021	$639,193	$650,508	$3,043,659	$-11,315
2020	$584,916	$723,913	$3,287,011	$-138,997
2019	$765,545	$830,393	$3,591,674	$-64,848
2018	$835,672	$975,501	$3,826,853	$-139,829

SAILING EDUCATION ASSOCIATION OF SHEBOYGAN INC