Financial Report

GRAND LAKE YACHT CLUB SAILING FOUNDATION

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EIN
26-0721366
Forms in history
990EZ, 990
Most recent year
2024
Years covered
2020, 2021, 2022, 2023, 2024
Generated
2026-08-24
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Cover, Identity, and Data Lineage

OrganizationGRAND LAKE YACHT CLUB SAILING FOUNDATION
Employer Identification Number (EIN)26-0721366
Years covered2020, 2021, 2022, 2023, 2024

Source: IRS machine-readable 990 XML filings. Generated: 2026-08-24 Years + form type: 2020:990EZ, 2021:990EZ, 2022:990EZ, 2023:990EZ, 2024:990 Disclaimer: This report supplements — not replaces — current internal financial records, budgets, YTD reporting, cash forecasts, and audited or reviewed financial statements where available. It presents as-filed IRS figures and may lag the organization's current financial position.

Executive Snapshot

Latest year2024
Operating margin+90.8%
Months of cash2.1 months
Operating reserve ratio10.85×
Leverage (liabilities/assets)0.00×
Revenue YoY↑ +3489.3%
Expense YoY↑ +389.1%

This Financial Report summarizes IRS machine-readable Form 990-series filings for GRAND LAKE YACHT CLUB SAILING FOUNDATION across 5 filing year(s). The latest filing year (2024) shows operating margin 90.8% and leverage 0.00×. Year-over-year revenue is ↑ +3489.3%, and year-over-year expense is ↑ +389.1%. Values marked Not available reflect form-depth limits or absent lines in the filed record.

Multi-year Statement of Activities

Tax yearFormTotal revenueTotal expensesNet revenue
2020990EZ$2,315$10,819-$8,504
2021990EZ$57,020$5,074$51,946
2022990EZ$70,973$21,039$49,934
2023990EZ$45,715$30,815$14,900
2024990$1,640,854$150,726$1,490,128

Multi-year Statement of Financial Position

Tax yearFormTotal assets (EOY)Total liabilities (EOY)Net assets (EOY)
2020990EZNot reported$1,668$27,337
2021990EZNot reported$2,465$78,736
2022990EZNot reported$2,488$128,670
2023990EZNot reported$2,869$143,570
2024990$1,635,618$250$1,635,368

Fiscal-health Dashboard (Trend View)

Tax yearFormOperating marginMonths of cashCash basisReserve ratio / proxyReserve basisLeverageProgram expense ratioRevenue concentration
2020990EZ-367.3%24.9 months990-EZ combined cash+savings+investments (upper bound)2.53×Total net assets proxyNot reportedNot reportedNot reported
2021990EZ+91.1%180.5 months990-EZ combined cash+savings+investments (upper bound)15.52×Total net assets proxyNot reportedNot reportedNot reported
2022990EZ+70.4%54.1 months990-EZ combined cash+savings+investments (upper bound)6.12×Total net assets proxyNot reportedNot reportedNot reported
2023990EZ+32.6%36.4 months990-EZ combined cash+savings+investments (upper bound)4.66×Total net assets proxyNot reportedNot reportedNot reported
2024990+90.8%2.1 monthsForm 990 cash + savings10.85×Unrestricted net assets0.00×94.9%93.6%

This section is trend-only. It does not score, rank, or grade an organization. Where a form does not require a line, the record is marked Not available.

Revenue Composition and Reliability

Tax yearTop line amountTop-line share of total revenue
2024$1,535,89893.6%

Computed for full Form 990 years from separable Part VIII component lines (excluding aggregate total lines). The top-line share is context, not a verdict.

Expense Composition (Program / Management / Fundraising)

Tax yearTotal expensesProgram servicesManagement and generalFundraisingProgram share
2024$150,726$143,051$7,048$62794.9%

Compensation and Staffing Trend

Tax yearOfficer rowsW-2 employee count
2020Not availableNot available
2021Not availableNot available
2022Not availableNot available
2023Not availableNot available
20241016

Counts reflect public sworn filing disclosures and are presented without ranking or judgment.

How to Read This Report

Use this report to read patterns across years, not to assign pass/fail labels. Filing forms differ in depth. A missing value usually means the form did not require that line, or the filing did not provide it. Compare each year to nearby years first, then review source filings for context.

Methodology, Glossary, and Availability

Formulas used: - Operating margin = (total revenue − total expenses) ÷ |total revenue| - Months of cash (990) = (cash non-interest + savings/temp investments) ÷ (total expenses/12) - Months of cash (990-EZ upper bound) = cash+savings+investments combined line ÷ (total expenses/12) - Operating reserve ratio (990) = net assets without donor restrictions ÷ total expenses - Operating reserve ratio (990-EZ proxy) = total net assets ÷ total expenses - Leverage = total liabilities ÷ total assets - Revenue concentration = max(separable Part VIII component line) ÷ total revenue - Program expense ratio = Part IX line 25 program-service amount ÷ total expenses Form 990-PF (private foundation) support is partial: FMV asset totals are included; revenue, expense, and operating-reserve metrics are not computed because 990-PF uses a different income/expense structure (Part I vs Part VIII/IX). Rows with return_type=990PF will show Not available for most ratios. This Financial Report is free and requires no login. Unavailable lines in this organization's filings: - Form 990-EZ years do not include Part VIII revenue line detail. - Form 990-EZ years do not include Part IX functional expense allocation lines. - Form 990-EZ years do not include Part X line-level balance sheet detail.

Ready-to-use Briefs

Annual meeting one-pager: GRAND LAKE YACHT CLUB SAILING FOUNDATION filed a 990-series history (Form 990-EZ: 2020–2023; Form 990: 2024) — 2020–2024 (5 years). Latest year (2024): revenue $1,640,854 · expenses $150,726 · net $1,490,128. Revenue grew year-over-year in 2024. Board packet summary: Review trend tables for GRAND LAKE YACHT CLUB SAILING FOUNDATION across 2020–2024 (5 years). Key ratios — operating margin, reserve months, leverage — appear in the Fiscal-health Dashboard section. Interpret each metric in the context of the full series, not as a single-year score. Planning trend section: Consult the Revenue YoY and Expense YoY columns for GRAND LAKE YACHT CLUB SAILING FOUNDATION's rate of change, and the Leverage column for balance sheet trajectory over the filing period. Succession/onboarding brief: GRAND LAKE YACHT CLUB SAILING FOUNDATION's public 990 record covers 2020–2024 (5 years). Source URLs are in the Data Lineage section. Form-depth notes and the Unavailable Lines list explain why certain metrics are absent — absences are form constraints, not reporting failures.

Source Filings

YearFormSource
2020990EZOpen IRS XML
2021990EZOpen IRS XML
2022990EZOpen IRS XML
2023990EZOpen IRS XML
2024990Open IRS XML

IRS machine-readable XML source for each filing year in this report. URLs link to the IRS machine-readable XML mirrored through the GivingTuesday 990 Data Infrastructure public data lake.