MYC YOUTH SAILING FOUNDATION INC

EIN: 650281546 501(c)(3) Recreation & Sports

MIAMI, FL

Total Revenue
$412,284
Total Expenses
$383,244
Total Assets
$504,413
Net Assets
$504,413
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
FL
Principal Officer
FLORENCIA BARLETTA
Phone
3053779877
Tax Period
2024-04-01 to 2025-03-31

MYC YOUTH SAILING FOUNDATION INC, founded in 1991, is a small nonprofit in the Recreation & Sports sector that reported $412K in total revenue in fiscal year 2024. Expenses of $383K left a modest 7% surplus.

Mission

TO PROMOTE THE SPORT OF SAILING WITHIN THE COMMUNITY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $412,175
Investment Income $109
Other Revenue $0
TOTAL REVENUE $412,284

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,086
Fundraising Expenses $0
Program Expenses $362,941
Other Expenses $271,158
TOTAL EXPENSES $383,244

Year-over-Year Comparison

2024 2023 Change
Revenue $412,284 $395,009 +0.0%
Expenses $383,244 $336,381 +0.1%
Net Income $29,040 $58,628 -0.5%
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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
1
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
7
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PEPE ALMEIDA BOARD MEMBER N/A
Director
$0 $0 $0
JAMES CARLIN BOARD MEMBER N/A
Director
$0 $0 $0
EMILY COPELAND COMMODORE N/A
Officer Director
$0 $0 $0
MIKE FAIRCLOTH BOARD MEMBER N/A
Director
$0 $0 $0
TED FELIX BOARD MEMBER N/A
Director
$0 $0 $0
KATIE FLOOD BOARD MEMBER N/A
Director
$0 $0 $0
MARIA FONT BOARD MEMBER N/A
Director
$0 $0 $0
RICHARD HALL BOARD MEMBER N/A
Officer Director
$0 $0 $0
BRIAN HOLLENBECK BOARD MEMBER N/A
Director
$0 $0 $0
IAN HOLTZWORTH BOARD MEMBER N/A
Director
$0 $0 $0
SANTIAGO HOLZ BOARD MEMBER N/A
Director
$0 $0 $0
MARK INGRAHAM STAFF COMMOD N/A
Officer Director
$0 $0 $0
TIM MCDOUGALL BOARD MEMBER N/A
Officer Director
$0 $0 $0
GUS MONGE BOARD MEMBER N/A
Director
$0 $0 $0
MIKE MOREL REAR COMMODO N/A
Director
$0 $0 $0
TOM PHILLIPS BOARD MEMBER N/A
Director
$0 $0 $0
JOHN PORTER VICE COMMODO N/A
Director
$0 $0 $0
RYAN POWERS BOARD MEMBER N/A
Director
$0 $0 $0
DANIEL JOSE RODRIGUEZ TREASURER N/A
Officer Director
$0 $0 $0
DON SAPP BOARD N/A
Director
$0 $0 $0
NALINEE SINGH SECRETARY N/A
Officer Director
$0 $0 $0
DAN ZAFFUTO BOARD MEMBER N/A
Director
$0 $0 $0
FLORENCIA BARLETTA EXECUTIVE DI N/A
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 $412,284 $383,244 $504,413 $29,040
2024 $395,009 $336,381 $480,076 $58,628
2023 $367,325 $327,133 $421,354 $40,192
2022 $400,448 $311,691 $381,163 $88,757
2021 $257,576 $235,824 $311,290 $21,752
2020 $304,155 $278,077 $261,457 $26,078
2019 $296,346 $279,528 $238,531 $16,818
2018 $282,363 $261,129 $206,139 $21,234
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MYC YOUTH SAILING FOUNDATION INC with other nonprofits in Florida and across the country.