INTER-COLLEGIATE SAILING ASSOCIATION OF NORTH AMERICA INC Charity Report

Public IRS 990 nonprofit record

INTER-COLLEGIATE SAILING ASSOCIATION OF NORTH AMERICA INC

EIN 23-7024735 · Education (B)

What they do

THE ASSOCIATION is ORGANIZED and SHALL BE OPERATED EXCLUSIVELY for EDUCATIONAL PURPOSES WITHIN THE MEANING of SECTION 501 (C) (3) of THE INTERNAL REVENUE CODE of 1954, AS AMENDED, and ITS ACTIVITIES AS HEREIN MORE FULLY DESCRIBED SHALL AT ALL TIMES BE CONDUCTED IN FURTHERANCE of SUCH PURPOSES: 1. THE INSTRUCTION, TRAINING and EDUCATION of STUDENTS IN COLLEGES and OTHER INSTITUTIONS of HIGHER EDUCATION IN NORTH AMERICA IN SEAMANSHIP, SAFETY and THE SKILLS and TECHNIQUES of SAILBOAT RACING IN INTERSECTIONAL, NATIONAL and INTERNATIONAL INTERCOLLEGIATE COMPETITION. 2. THE SPONSORSHIP, CONDUCT, SUPERVISION, DEVELOPMENT and PROVISION for SAILBOAT COMPETITION AMONG STUDENTS IN COLLEGES and OTHER INSTITUTIONS of HIGHER EDUCATION IN NORTH AMERICA for THE PURPOSES of IMPROVING and DEVELOPING THE SAILBOAT RACING TECHNIQUES of SUCH COLLEGE STUDENTS. 3. THE SPONSORING and CONDUCTING of MEETINGS, DISCUSSIONS, SEMINARS and LECTURES BY MEANS of WHICH STUDENTS IN COLLEGES and OTHER INSTITUTIONS of HIGH

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $56.60 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 2024The charity has a recent tax report to read.

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

They name their leaders21 people are listed in the latest report.

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

Money made simple

58.57%of revenue went to mission work56.6% of expenses · Program services

$103.52spent for every $100 of revenueSpending was higher than revenue this year.

44.95%of revenue went to management and office costs43.4% of expenses

$1.30in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%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 $8,259 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $79,885 for PETER FANTA (EXECUTIVE DIRECTOR (NON-VOTING)). 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 2024

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$234,392

Mission workProgram services$137,28958.57% of revenue56.6% of expenses

ManagementOffice and general costs$105,36244.95% of revenue43.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$242,651103.52% 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?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 56.6% mission · 43.4% management · 0.0% fundraisingTotal expenses: 103.52% of revenue

2023Expense mix: 22.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.30% of revenue

2022Expense mix: 38.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 89.30% of revenue

2021Expense mix: 33.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 74.52% of revenue

2020Expense mix: 48.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 59.64% of revenue

2019Expense mix: 64.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.96% of revenue

2018Expense mix: 61.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 81.08% of revenue

2017Expense mix: 76.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 103.92% of revenue

Money in and money out

Revenue$234,392

Expenses$242,651

Annual shortfall $8,259 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)$137,289 · 56.6% of expenses

Management and office costs$105,362 · 43.4% of expenses

See all reported dollar amounts

Revenue$234,392

Expenses$242,651

Assets$316,423

Income$234,392

Contributions$50

Mission work (program services)$137,289

Management and general$105,362

Investing fees$1,647

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

PETER FANTAEXECUTIVE DIRECTOR (NON-VOTING) · 40 hrs/week $79,885Base $77,885 · Other $2,000

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 (21)

PETER FANTAEXECUTIVE DIRECTOR (NON-VOTING)

GREG FISHERAT LARGE 2

TUCKER BLAGDENICSA TREASURER

SPENCER KRIEGSTEINMAISA UNDERGRADUATE

NADIA REYNOLDSMCSA UNDERGRADUATE

MIKE CALLAHANAT LARGE 3

MARBELLA MARLONEISA UNDERGRADUATE

LIBBY REEGMCSA GRADUATE

KIP BUCKAT LARGE UNDERGRADUATE

JOANN BRISLINAT LARGE 2

GREG WILKINSONICSA PRESIDENT

AMY BACKUSAT LARGE 1

FRANK PIZZONEISA GRADUATE

DANIELLE RICHARDSICSA SECRETARY

DANA MAGLIOLASAISA GRADUATE

DAN THOMPSONMAISA GRADUATE

CHRIS KLEVANAT LARGE 4

CHLOE BEACHICSA VICE PRESIDENT

CHARLES HIGGINSSEISA GRADUATE

BRAD SCHAUPETERPCCSC GRADUATE

ANNA MORROWPCCSC UNDERGRADUATE

About this charity

Recognized since: January 1970
Location: 247 STRAWBERRY HILL RD, CENTERVILLE, MA 02632-3644
County: Kent
In care of: % THOMAS H FARQUHAR
Primary officer: Tucker Blagden, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(978) 979-8313

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Education (B)
IRS tax category: Education