RAGNOT AMATEUR SAILING ASSOCIATION OF TEXAS

EIN: 742300536 501(c)(3)

La Porte, TX

Total Revenue
$29,951
Total Expenses
$62,553
Total Assets
$175,450
Net Assets
$175,450
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
TX
Principal Officer
Bradford O Larson
Phone
7134163196
Tax Period
2025-01-01 to 2025-12-31

RAGNOT AMATEUR SAILING ASSOCIATION OF TEXAS, founded in 1983, is a micro nonprofit that reported $30K in total revenue in fiscal year 2025. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 109% operating deficit.

Mission

The primary purpose of RASA is to teach basic and advanced competitive sailing, to develop amateur athletes for sailing competition and to foster national and international competition through participation in such events as the united states yacht racing union junior and youth championships, Olympic training and competition and national/international one design class championships.

Program Service Accomplishments

Program 1
Expenses: $10,850 Revenue: $14,050

Support for the teaching of Basic and Advanced competitive sailing to develop amateur athletes for sailing competition and to foster national and international competition. Support HYC RAGNOT...

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Support for the teaching of Basic and Advanced competitive sailing to develop amateur athletes for sailing competition and to foster national and international competition. Support HYC RAGNOT program. Support the Clear Lake High School sailing team

Program 2
Expenses: $1,461 Revenue: $0

Support for local regattas (Battleship Texas). Supports competitive sailing

Program 3
Expenses: $50,242 Revenue: $7,500

Develop amateur athletes for sailing competition. Contribute towards infrastructure required to successfully run sailing competitions. Purchase of replacement race committee boat to replace aging...

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Develop amateur athletes for sailing competition. Contribute towards infrastructure required to successfully run sailing competitions. Purchase of replacement race committee boat to replace aging unit and refurbishment of another race committee boat.

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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 (2025)

Revenue Breakdown

Contributions & Grants $26,550
Program Service Revenue $0
Investment Income $3,401
Other Revenue $0
TOTAL REVENUE $29,951

Expense Breakdown

Grants Paid $45,273
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $62,553
Other Expenses $17,280
TOTAL EXPENSES $62,553

Year-over-Year Comparison

2025 2024 Change
Revenue $29,951 $291,998 -0.9%
Expenses $62,553 $166,783 -0.6%
Net Income $-32,602 $125,215 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Cardenas Director 0.2
Director
$0 $0 $0
Patrick Gibson Director 0.2
Director
$0 $0 $0
Ann Graham Director 0.2
Director
$0 $0 $0
Farley Fontenot Director 0.2
Director
$0 $0 $0
Sandra Baldridge Secretary 0.2
Officer Director
$0 $0 $0
Allison Orchid Treasurer 0.3
Officer Director
$0 $0 $0
Bradford Larson President 1
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 $29,951 $62,553 $175,450 $-32,602
2024 $291,998 $166,783 $208,052 $125,215
2023 $304,026 $311,483 $82,837 $-7,457
2022 $114,544 $280,830 $90,294 $-166,286
2021 $353,044 $133,629 $256,579 $219,415
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