DAVIS ISLAND YOUTH SAILING FOUNDATION INC

EIN: 593004295 501(c)(3) Recreation & Sports

TAMPA, FL

Total Revenue
$391,672
Total Expenses
$312,282
Total Assets
$527,832
Net Assets
$372,166
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
FL
Principal Officer
ALLENE MYERS
Phone
8136015024
Tax Period
2024-05-01 to 2025-04-30

DAVIS ISLAND YOUTH SAILING FOUNDATION INC, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $392K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $79K, a strong 20% operating margin.

Mission

TO PROVIDE YOUTH WITH THE OPPORTUNITY TO SAIL, THROUGH CAMPS HELD DURINGTHE SUMMER AND SPRING SCHOOL BREAKS. TO FURTHER PROVIDE YOUTH WITH THEOPPORTUNITY TO SAIL YEAR-ROUND THROUGH PARTICIPATION IN REGATTAS ANDTHROUGH YEAR LONG COACHING 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 (2024)

Revenue Breakdown

Contributions & Grants $128,231
Program Service Revenue $248,528
Investment Income $3,198
Other Revenue $11,715
TOTAL REVENUE $391,672

Expense Breakdown

Grants Paid $0
Salaries & Benefits $171,657
Fundraising Expenses $0
Program Expenses $201,646
Other Expenses $140,625
TOTAL EXPENSES $312,282

Year-over-Year Comparison

2024 2023 Change
Revenue $391,672 $462,382 -0.2%
Expenses $312,282 $426,053 -0.3%
Net Income $79,390 $36,329 +1.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
19
Volunteers
35

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMERON CLARK PRESIDENT 0.00
Officer Director
$0 $0 $0
KURT LOVELL VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
TRACEY MILVAIN VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ALLENE MYERS TREASURER 0.00
Officer Director
$0 $0 $0
JOHN MULLINAX SECRETARY 0.00
Officer Director
$0 $0 $0
KRISTEN EMERSON MEMBER 0.00
Director
$0 $0 $0
KELLY COHEN MEMBER 0.00
Director
$0 $0 $0
BRENT BACON MEMBER 0.00
Director
$0 $0 $0
ANTHONY MARTELLO MEMBER 0.00
Director
$0 $0 $0
LINDSEY HODGES MEMBER 0.00
Director
$0 $0 $0
JESSE MAYNOR MEMBER 0.00
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
2025 $391,672 $312,282 $527,832 $79,390
2024 $462,382 $426,053 $471,608 $36,329
2023 $365,920 $352,870 $423,135 $13,050
2022 $607,812 $367,779 $383,520 $240,033
2021 $147,419 $261,050 $106,382 $-113,631
2020 $238,751 $260,613 $116,995 $-21,862
2019 $311,653 $318,050 $138,857 $-6,397
2018 $257,341 $271,850 $152,065 $-14,509
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