EIN: 31-1431613 · Washington, DC · Data spans: TY2021–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.
$160,224
$153,403
N/A
$219,615
W-2 employee count not reported for most recent filing · TY2024 · 990EZ
Total compensation, benefits & payroll taxes (Part IX)
Not available for Form 990-EZ filings. This metric requires a full Form 990.
Professional & consulting fees (Part IX, line 11)
Not available for Form 990-EZ filings. This metric requires a full Form 990.
Historical Trends
Revenue vs. Expenses
Net Revenue / Operating Margin
Net Assets
Revenue Trend
| Tax Year | Period | Form | Revenue | Expenses | Net Revenue | Net Assets |
|---|---|---|---|---|---|---|
| TY2021 | 2020–2021 | 990EZ | $70,899 | $93,211 | -$22,312 | $159,967 |
| TY2022 | 2022+ | 990EZ | $108,423 | $75,917 | $32,506 | $192,473 |
| TY2023 | 2022+ | 990EZ | $113,879 | $93,558 | $20,321 | $212,794 |
| TY2024 | 2022+ | 990EZ | $160,224 | $153,403 | $6,821 | $219,615 |
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 line-level detail is not available for this organization. The most common reason is that this organization files Form 990-EZ, which does not include the same revenue schedule as the full Form 990. Revenue totals are still reported in the key metrics above where available.
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.
Bay Sailing Training and Social Program: The Bay Program is designed to train and certify members to skipper cruising sailboats 35-50 feet long on the Chesapeake Bay. The Bay Training Program is conducted on both commercially-charted and member-owned sailboats. Training is conducted in accordance with ASA standards by certified volunteer instructors. More than 40 members participate in this progra…
River Sailing Training and Social Program: The River Program is designed to train and certify members to safely sail small keelboats 20-30 feet long in protected waters. The River Training Program is conducted on the Potomac River using Club-owned 22-foot sailboats. Training is conducted in accordance with ASA standards by certified volunteer instructors. Seventy to 80 members are trained and cert…
Other Program Services: A Social Program: The Club hosts a variety of social activities throughout the year including monthly social meetings, picnics, and holiday parties. Attendance at social events averages 40-70 members and guests. B Racing Squadron: The Squadron sails club-owned boats in handicap series races and weekend regattas on the Potomac River. The Racing Squadron provides training to …
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
Not reported — this organization files Form 990-EZ, which does not include this schedule.
Part VI governance questions — including the conflict of interest policy — appear only on the full Form 990. This organization files a shorter form available to smaller or specialized filers. Full 990 filers must answer these questions and make the responses public.
Whistleblower Protection Policy
Form 990, Part VI — Line 13
Not reported — this organization files Form 990-EZ, which does not include this schedule.
Whistleblower policy disclosure is part of the full Form 990’s Part VI. The IRS added this question after Sarbanes-Oxley to encourage nonprofits to adopt protections analogous to those required of public companies.
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
Not reported — this organization files Form 990-EZ, which does not include this schedule.
Schedule J is a supplement to the full Form 990 only. It captures how high executive pay was set and what perquisites were provided.
Equity-Based Compensation
Schedule J, Part II — Per-person compensation detail
Not reported — this organization files Form 990-EZ, which does not include this schedule.
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.
Schedule L detail is extracted from full Form 990 XML. This organization files Form 990-EZ, which uses different disclosure rules.
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.
Other Expenses.1009
Depreciation $2811
Other Expenses.1002
Office Expenses $6423
Other Expenses.1003
Information Technology $5616
Other Expenses.1012
Insurance $6611
Other Expenses.1
Social Events $41151
Mission
Pentagon Sailing Club, Inc The Club is a non-stock corporation, incorporated under the laws of the District of Columbia. The Club is a volunteer-run organization dedicated to safe recreational sailing on the Potomac and Anacostia Rivers, Chesapeake Bay, and beyond. The Club offers in-class training, on-the-water sailing instruction, recreational sailing, and group vessel charters. The Club trains and qualifies members of the standards of the Ameican Sailing Association ASA. The Club's mission is to provide recreational sailing and training opportunities for active duty, reserve and retired military personnel, DoD civilians, and others with a demonstrated interest in Club objectives, and their families.
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 (3 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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