Dunedin Youth Sailing Association Inc

EIN: 26-3707552 · Dunedin, FL · Data spans: TY2018–TY2024

Most recent filing: Tax Year 2024.

A more recent filing may not yet be published.

Sailing's public record, made legible. All numbers come directly from this organization's own sworn 990 filing. Patterns are computed from years of filings — not assessments or judgments.

Read trends in context: compare like with like, note the filing year, and treat major disruptions (like 2020–2021) as discontinuities rather than a continuous baseline.

Missing or N/A does not always mean absent. It can mean the item was not disclosed on that form, not collected on that filing type, or not available for that year.

Cash basisNo audit disclosedPart XII · TY2024
Total Revenueℹ️Form 990, Part VIII — Statement of Revenue. Includes contributions, grants, member dues, program service revenue, and investment income. Does NOT include borrowed funds or asset sales proceeds.

$41,636

Total Expensesℹ️Form 990, Part IX (full 990) or Part I Line 17 (990-EZ) — Total functional expenses. Includes program service expenses, management and general, and fundraising. The gap between revenue and expenses is the operating surplus or deficit for the year.

$45,614

Total Assetsℹ️Form 990, Part X — Balance Sheet, end of year. Includes cash, receivables, investments, land, buildings, and equipment.

$56,853

Net Assetsℹ️Form 990, Part X — Total assets minus total liabilities. Positive = financially solvent. Negative = liabilities exceed assets. Also called 'fund balance.'

$56,853

6 W-2 employees reported (Form W-3, most recent filing — contractors and volunteers excluded) · TY2024 · 990

Total compensation, benefits & payroll taxes (Part IX)

TY2024

$14,748

Full cost to employ everyone — wages + employer benefits + payroll taxes. Not officer pay alone.

~$2,000 per employee average across 6 W-2 employees; includes benefits & payroll taxes; part-time and seasonal staff counted at full weight.

Named officers/key employees (Part VII‑A) show reportable compensation only and are already included in the Part IX total above. They are not additive.

Professional & consulting fees (Part IX, line 11)

TY2024

$20,066

Payments to outside firms and independent contractors — not included in the Part IX labor total above. Combined with the labor total, full people cost is $34,814.

Functional Expense Allocation (Part IX)

TY2024

$45,614total functional expenses

100.0%

Program services

$45,614

0.0%

Management & general

$0

0.0%

Fundraising

$0

Source: Form 990, Part IX, line 25. A higher program-service percentage generally indicates more mission-directed spending.

Historical Trends

Revenue vs. Expenses

Net Revenue / Operating Margin

Net Assets

Revenue Trend

Tax YearPeriodFormRevenueExpensesNet RevenueNet Assets
TY2018Before 2020990$37,161$38,719-$1,558$29,617
TY2019Before 2020990$45,673$41,576$4,097$39,768
TY20202020–2021990$8,352$8,352$0$39,768
TY20212020–2021990$35,014$32,287$2,727$37,171
TY20222022+990$46,028$24,335$21,693$38,722
TY20232022+990$54,362$50,384$3,978$42,900
TY20242022+990$41,636$45,614-$3,978$56,853

Revenue trend is a filing-history view. It helps you compare operating periods, not infer the club's live condition today.

Revenue Breakdown (Part VIII — most recent year)

Form 990, Part VIII — Statement of Revenue. Includes, but is not limited to: Line 1 = contributions and grants (including member dues reported as contributions). Lines 2a–2f = program service revenue (activities that directly further the organization's exempt purpose). Line 3 = investment income. The specific mix varies by organization type. Source: the organization's own sworn filing.

LineDescriptionAmount
11aSCHOLARSHIP$4,300
11bDONATIONS$8,096
11cLADIES LTS$2,658
12Total revenue$41,636
1cFundraising events$943
1hTotal contributions and grants$943
2aHIGH SCHOOL TEAM$6,639
2bSUNDAY SESSION$15,581
2cDUNEDIN CUP$1,532
2dADULT SAILING LESSONS$774
2eWINDSURFING LESSONS$1,113
2fTotal program service revenue$25,639

Most revenue is reported in a single category this year. That can be normal for some org types; see the source filing for detail.

Balance Sheet (Part X)

TY2024
LineDescriptionBOYEOY
16Total assets$42,900$56,853
26Total liabilities$0$0
33Total net assets or fund balances$42,900$56,853

Source: Form 990, Part X, Balance Sheet.

Officers & Key Staff (Part VII)

How to read this section

This is not a full staff directory. It is the subset of people the organization had to disclose in Form 990, Part VII (the officer, director, trustee, key employee, and highest-compensated employee section of the filing). Why this matters: a missing name does not mean a person was not employed or involved.

Total Volunteer Board Hours/Week (Selected Year): 46

Hours per week are self-reported by each officer on Form 990, Part VII. They are not verified.

Officers and directors as reported on Form 990, Part VII. These are typically unpaid, elected positions. If an officer receives compensation, it will appear in the Paid Staff tab.

Operationally, this section is most useful for understanding disclosed leadership structure, compensation visibility, and board labor — not for reconstructing the full staffing model of a club.

NameTitleHours/WeekStatus
LINDA JO NICHOLSONREGISTRARSHORE DIRECTOR10Volunteer
MARGO CURREYTREASURER8Volunteer
KARL BOHLMANNSECRETARY6Volunteer
ANDREW GRACYPRESIDENT4Volunteer
RODNEY COLLMANVICE PRESIDENT2Volunteer
TANGI BOHLMANN4Volunteer
REBECCA PORTERDIRECTOR4Volunteer
JOHN FONDRKDIRECTOR8Volunteer

Programs (Part III — most recent year)

Form 990, Part III — Statement of Program Service Accomplishments. These are the activities that directly further the organization's exempt purpose. Expenses, grants, and revenue are as reported in the organization's own sworn filing.

SUNDAY SESSIONS - LEARN TO SAIL IN THE MORNING. AFTERNOON - TWO HANDED BOATS AND IOD RACING

Expenses: $14,232Revenue: $15,581

HIGH SCHOOL SAILING TEAM

Expenses: $5,584Revenue: $6,639

DUNEDIN CUP REGATTA - SEPT 30, 2023. 40 BOATS FROM 4 CLUBS.CANCELLED AFTER HURRICANES: HELENE AND MILTON. MARINA SHUTDOWN.SAILED DUNEDIN CUP APRIL 26 - 27,2025 WINDSURFING CLASSES - KIDS + ADULTS LADIES LEARN TO SAIL AND SUNDAY TILLER TIME

Expenses: $600Grants: $2,319Revenue: $2,658

ADULT SAILING CLASS IN c420.

Revenue: $774

Governance & Transparency Signals

The IRS Form 990 is a sworn disclosure document — not just a tax return. Beyond financials, it captures governance policies, compensation practices, and relationships between insiders and the organization. Every category below comes directly from that filing. When a field is blank, it is often because this form type doesn’t require it, or the org doesn’t meet the threshold that triggers disclosure. That context is itself worth knowing.

Conflict of Interest Policy

Form 990, Part VI — Line 12a

Governance data not available for this organization’s most recent filing year. This can occur for newly filed returns not yet in the corpus, or for organizations whose XML filing did not include Part VI.

Whistleblower Protection Policy

Form 990, Part VI — Line 13

Governance data not available for this organization’s most recent filing year.

Officer & Key Employee Compensation (Part VII)

Form 990, Part VII — Named individuals with reportable compensation

No individual compensation reported for this organization in the most recent filing.

This is the norm for volunteer-run sailing clubs. Part VII still exists in the filing — it simply shows $0 compensation for all listed officers and directors, meaning this club is led entirely by unpaid volunteers. When you see compensation appear here in other organizations, it marks a meaningful transition: the club has grown to the point where professional management was hired. The largest clubs in this corpus — those above $3M in revenue — are the most likely to have paid executive staff.

Independent Compensation Consultant

Schedule J, Part I — Organizations filing when comp exceeds $150K

Schedule J not required for this organization.

Schedule J is only filed when at least one individual in Part VII received more than $150,000 in total compensation. This organization doesn’t meet that threshold, so this schedule is not required. Among the 35.7% of organizations in this corpus that do file Schedule J, 35.7% used an independent compensation consultant. When Schedule J IS required, this question asks whether the board hired an outside firm — unconnected to the organization — to benchmark executive pay against market rates. It reduces the risk that a board approves whatever the ED requests rather than what comparable organizations actually pay.

Equity-Based Compensation

Schedule J, Part II — Per-person compensation detail

Schedule J not required for this organization.

Related-Party Transactions (Schedule L)

Schedule L — Transactions with Interested Persons (officers, directors, their families, controlled entities)

Schedule L requires disclosure of loans, grants, and business transactions between the organization and its own insiders — board members, officers, key employees, and their family members or entities they control. Nonprofits are not prohibited from transacting with insiders, but they must disclose it, follow fair-market-value standards, and document that the transaction benefited the organization, not just the insider. These disclosures exist because self-dealing is the most direct way nonprofit assets can flow to those in control.

No related-party transactions found in our data for this organization. Schedule L is only required when transactions occur — absence means none were reported, not necessarily that none occurred.

Schedule O — Supplemental Information (most recent year)

Organizations use Schedule O to provide additional explanation for answers given on the main 990 form. These are direct excerpts from the filed document.

List of other expenses Part IX line 24e

Additional expenses: $10046 Windsurfing Equipment + Trailer 2563 Dunedin Cup expenses 4809 new c420 sails

Explanation of other changes in net assets or fund balances Part XI line 9

LINE 9 - VALUE OF INVENTORY OF BOATS AND SAILS AFTER TWO HURRICANES $17931

List of other fees for services expenses Part IX line 11g

FEES PAID FOR THE TOTAL ORGANIZATION: MERCHANT + BANK FEES $ 1505.37 INSURANCES 6554.30 WAGES 12006.33

Form 990 governing body review Part VI line 11

The directors review the monthly income/expenses.No meeting held in November of 2023 to review the tax return.Tax return will be reviewed in December 2023 board meeting.

Governing documents etc available to public Part VI line 19

documents are available to the public within 30 days of receipt of a written request.Written requests are to be sent to: DYSA PO Box 71 Dunedin, FL 34697

Mission

To provide youth of all economic backgrounds with the opportunity to actively participate in the sprot of sailing/racing. That through the sport of sailing lifelong values will be developed; responsibility, self-dicipline,fairness, team building, sportsmanship and seamanship.

As stated in the organization's 990 filing.

IRS Source Filings

Source filings are IRS e-file records in XML (Extensible Markup Language) format — a structured data standard used by the IRS for electronic filing. If you open one of these links, it will look like code. That's not an error — that's what XML looks like. Harbor Commons processes this raw XML and presents the structured, readable view you see above.

Why this matters: the XML is the receipt. Harbor Commons is the reading layer on top of that receipt. If you ever need to verify a number, wording choice, or disclosure, the source filing is where to check.

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📡 Filing Signals (19 total)

Trends and shifts computed from this organization's own public filings across all available years. Signals highlight where numbers changed — not whether those changes are good or bad. Only people with inside knowledge of this organization can interpret what these signals mean.

Signals describe filing history, not the club's live operating state. The newest filing may still lag current reality by many months.

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