NANTUCKET COMMUNITY SAILING INC Charity Report

Public IRS 990 nonprofit record

NANTUCKET COMMUNITY SAILING INC

EIN 04-3252612 · Recreation & Sports (N67Z)

What they do

to ENGAGE PEOPLE of ALL AGES IN THE JOY of SAILING, OFFERING ACCESS to ALL NANTUCKETS YOUTH, and TEACHING EVERY PARTICIPANT IN OUR PROGRAMS ENDURING LIFE and LEADERSHIP SKILLS, WITH A DEEP RESPECT for THE MARINE ENVIRONMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.66%of revenue went to mission work74.7% of expenses · Program services

10.75%of revenue went to fundraising10.6% of expenses

$101.32spent for every $100 of revenueSpending was higher than revenue this year.

14.91%of revenue went to management and office costs14.7% of expenses

$3.47in assets for every $1 spent this yearSome assets cannot be spent right away.

72.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $19,214 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $156,302 for DIANA L BROWN (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,455,641

Mission workProgram services$1,101,33675.66% of revenue74.7% of expenses

ManagementOffice and general costs$217,02714.91% of revenue14.7% of expenses

FundraisingAsking for donations$156,49210.75% of revenue10.6% of expenses

Total expenses$1,474,855101.32% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202274.7% mission

202170.7% mission

202068.1% mission

201967.0% mission

201873.5% mission

201772.1% mission

201676.2% mission

201578.0% mission

Money in and money out

Revenue$1,455,641

Expenses$1,474,855

Annual shortfall $19,214 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,101,336 · 74.7% of expenses

Management and office costs$217,027 · 14.7% of expenses

Fundraising$156,492 · 10.6% of expenses

See all reported dollar amounts

Revenue$1,455,641

Expenses$1,474,855

Assets$5,124,951

Income$2,722,738

Contributions$1,052,434

Mission work (program services)$1,101,336

Fundraising$156,492

Management and general$217,027

Executive compensation (total)$129,757

Stocks and bonds$447,873

Accounting fees$20,750

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DIANA L BROWNPRESIDENT & CEO · 40 hrs/week $156,302Base $131,250 · Other $25,052

PASCAL E ANTONIETTIBOATS & EQUIPMENT MANAGER · 40 hrs/week $107,242Base $105,100 · Other $2,142

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

DIANA L BROWNPRESIDENT & CEO

PASCAL E ANTONIETTIBOATS & EQUIPMENT MANAGER

PAGE GOSNELLDIRECTOR, THRU 10/26/23

WINK VAN OGTROPDIRECTOR, THRU 10/26/23

WEST RIGGS2ND VICE PRESIDENT

WENDY SYKESCLERK

TRACEY MARSHALLDIRECTOR

TOM WHIDDENDIRECTOR

TOM ANATHANDIRECTOR

SUE MCCOLLUMDIRECTOR

SCOTT ULMTREASURER

SANDY ADZICKDIRECTOR

ROB DIEMARDIRECTOR

PHIL SMITHDIRECTOR

PETER BARRETTDIRECTOR

PENELOPE DEYTREASURER, THRU 10/26/23

ANTHONY SCHWEIZERDIRECTOR

NICK VITADIRECTOR

MINOU PALANDJIANDIRECTOR

LINDA MCGRATH1ST VICE PRESIDENT

JULIE STEINDLERDIRECTOR

HARRY REINCHAIR

DAN GROPPERDIRECTOR, THRU 10/26/23

CHRIS GOULDDIRECTOR, THRU 10/26/23

CATHERINE SLATTERYDIRECTOR

CAROLYN GRANT ZARRELLACLERK, THRU 10/26/23

BILL LIDDLEDIRECTOR

BARBARA DESAIDIRECTOR, THRU 10/26/23

ARTHUR READEDIRECTOR

About this charity

Recognized since: January 1995
Location: 4 WINTER ST, NANTUCKET, MA 02554-3638
County: Nantucket
In care of: DIANA L BROWN
Primary officer: DIANA L BROWN, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@nantucketcommunitysailing.org Phone(508) 228-6600

Filing and classification

Latest tax year: 2022
Tax period began: November 1, 2022
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Recreation & Sports (N67Z)
IRS tax category: All Other Amusement and Recreation Industries