CLEARWATER COMMUNITY SAILING ASSOCIATION INC

EIN: 592912008 501(c)(3)

CLEARWATER, FL

Total Revenue
$724,849
Total Expenses
$725,712
Total Assets
$234,843
Net Assets
$222,328
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
JEFFREY MULLER
Phone
7275177776
Tax Period
2023-10-01 to 2024-09-30

CLEARWATER COMMUNITY SAILING ASSOCIATION INC, founded in 1988, is a small nonprofit that reported $725K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE SAFE, ENRICHING AND AFFORDABLE SAILING OPPORTUNITIES TO LOCAL RESIDENTS AND VISITORS, INCLUDING YOUTH, SENIORS AND THE DISABLED FOR THE ENJOYMENT AND BENEFIT OF OUR ENTIRE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $666,704 Revenue: $497,956

THE ORGANIZATION OFFERS A WIDE RANGE OF BOATING INSTRUCTION AND WATER SAFETY COURSES AND HOSTS A VARIETY OF BOATING EVENTS. THE MISSION OF THE ORGANIZATION IS TO PROVIDE SAFE, ENRICHING, AFFORDABLE...

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THE ORGANIZATION OFFERS A WIDE RANGE OF BOATING INSTRUCTION AND WATER SAFETY COURSES AND HOSTS A VARIETY OF BOATING EVENTS. THE MISSION OF THE ORGANIZATION IS TO PROVIDE SAFE, ENRICHING, AFFORDABLE AND ACCESSIBLE SAILING AND NON-MOTORIZED WATERSPORTS OPPORTUNITIES TO LOCAL RESIDENTS AND VISITORS, INCLUDING YOUTH, SENIORS AND THE DISABLED. THE ORGANIZATION IS COMMITTED TO PROVIDING A PHYSICALLY AND EMOTIONALLY SAFE ENVIRONMENT FOR ALL MEMBERS AND VISITORS. WE BELIEVE AND FOLLOW THE PRINCIPLE OF INCLUSION. WE WELCOME AND ENCOURAGE EVERYONE TO PARTICIPATE IN OUR ACTIVITIES REGARDLESS OF AGE, GENDER, RACE, CREED, PLACE OF ORIGIN, FINANCIAL STATUS OR PHYSICAL ABILITY. WE PROMOTE RESPECT AND APPRECIATION FOR ONE'S SELF, OTHERS, SOCIETY AS A WHOLE AND THE NATURAL ENVIRONMENT. WE STRIVE FOR CONTINUAL IMPROVEMENT OF INDIVIDUALS AND ORGANIZATIONS RECOGNIZING THAT THIS CAN BE FACILITATED THROUGH HEALTHY COMPETITION AND COOPERATION AMONG VARIOUS INDIVIDUALS AND GROUPS. WE PROMOTE THE DEVELOPMENT OF TRUE SPORTSMANSHIP. CLEARWATER COMMUNITY SAILING CENTER CONTINUES, THROUGH ITS DIVERSE PROGRAMS, TO CREATE SAILING AND WATER SPORT OPPORTUNITIES TO ALL IN THE COMMUNITY. THE CENTER IS THE BASE FOR PROGRAMS SUCH AS SAILABILITY, A PROGRAM DESIGNED FOR OUR SAILORS WITH PHYSICAL CHALLENGES, HEALTH ISSUES, AS WELL AS MANY ASSOCIATED WITH THE VETERAN'S ADMINISTRATION PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $204,360
Program Service Revenue $488,345
Investment Income $569
Other Revenue $31,575
TOTAL REVENUE $724,849

Expense Breakdown

Grants Paid $0
Salaries & Benefits $472,065
Fundraising Expenses $10,385
Program Expenses $666,704
Other Expenses $253,647
TOTAL EXPENSES $725,712

Year-over-Year Comparison

2023 2022 Change
Revenue $724,849 $615,399 +0.2%
Expenses $725,712 $684,622 +0.1%
Net Income $-863 $-69,223 -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

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Governance

Voting Members
8
Independent Members
8
Employees
29
Volunteers
150

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY MULLER PRESIDENT 1.00
Officer Director
$0 $0 $0
CLAUDIA NABLE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NATHAN WEATHERILT TREASURER 1.00
Officer Director
$0 $0 $0
STEVE MCNALLY SECRETARY 1.00
Officer Director
$0 $0 $0
MATTHEW CARNEY DIRECTOR 1.00
Director
$0 $0 $0
LAURA JANUARY DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER DAVIS DIRECTOR 1.00
Director
$0 $0 $0
CORTLAND REILLY DIRECTOR 1.00
Director
$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 $724,849 $725,712 $234,843 $-863
2023 $615,399 $684,622 $256,427 $-69,223
2022 $649,360 $614,459 $393,623 $34,901
2021 $620,245 $549,549 $473,928 $70,696
2020 $495,022 $504,586 $444,617 $-9,564
2019 $513,119 $528,833 $247,760 $-15,714
2018 $508,684 $526,497 $278,410 $-17,813
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