DETROIT REGIONAL YACHT-RACING ASSOCIATION Charity Report

Public IRS 990 nonprofit record

DETROIT REGIONAL YACHT-RACING ASSOCIATION

EIN 23-7420779 · Recreation & Sports (N67Z)

What they do

Support and Management of A 13 Race Series Open to Competition Between American and Canadian Sailors

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $24.80 was reported for mission work and $0.00 for fundraising. Understand this before you give.

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 2023The 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 leaders34 people are listed in the latest report.

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

Money made simple

25.08%of revenue went to mission work24.8% of expenses · Program services

$81.31spent for every $100 of revenueRevenue covered expenses this year.

$1.12in assets for every $1 spent this yearSome assets cannot be spent right away.

35.5%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.

Pay context: The highest compensation shown in this filing is $41,997 for BARBARA SESKI (OFFICE MANAGER). 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 2023

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$69,942

Mission workProgram services$17,53825.08% of revenue24.8% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

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

Total expenses$70,678101.05% of revenue

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

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 24.8% went to mission work. Ask the charity to explain these numbers and show recent results.

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

2023CurrentExpense mix: 24.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.05% of revenue

2022Expense mix: 28.6% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.03% of revenue

2021Expense mix: 29.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 101.90% of revenue

2020Expense mix: 30.5% mission · 0.0% management · 0.0% fundraisingTotal expenses: 89.14% of revenue

Money in and money out

Revenue$86,923

Expenses$70,678

Annual surplus $16,245 Revenue was higher than expenses 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)$17,538 · 24.8% of expenses

See all reported dollar amounts

Revenue$86,923

Expenses$70,678

Assets$78,893

Income$86,923

Contributions$30,891

Mission work (program services)$17,538

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

BARBARA SESKIOFFICE MANAGER · 25 hrs/week $41,997

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 (34)

BARBARA SESKIOFFICE MANAGER

SHEILA FLEMINGREAR COMMODORE

LARRY BRESKINASSISTANT TREASURER

MICHAEL MCGUIREDIRECTOR

MICHAEL WELCHFLEET REPRESENTATIVE

MICKEY BENNETTDIRECTOR

PAUL NUECHTERLEINFLEET REPRESENTATIVE

RIC SCHMIDTCOMMODORE

RONALD SOKADIRECTOR

RONALD SPIESDIRECTOR

KEVIN SHERRYDIRECTOR

TERRY HENRYDIRECTOR

THOMAS FRASERDIRECTOR

THOMAS VICKERSDIRECTOR

TIM PROPHITDIRECTOR

TIMOTHY MCGUIREVICE COMMODORE

TOM ST PETERDIRECTOR

WILLIAM FRANCISFLEET REPRESENTATIVE

ALAN MINISTERMANDIRECTOR

JOHN RAGUSESECRETARY

JIM RAPELJEFLEET REPRESENTATIVE

JEFFREY KITSONDIRECTOR

JEFFREY HENDERSONDIRECTOR

FRANK STELLINGWERFDIRECTOR

EDWIN THIESEN JRDIRECTOR

DAVID SPEARSDIRECTOR

DAVID COLEMANDIRECTOR

DAN AITKENDIRECTOR

DALE MACPHERSONDIRECTOR

CHRISTOPHER BEHLERDIRECTOR

CHARLES HESSTREASURER

BRIAN LANGDIRECTOR

BRIAN GERAGHTYDIRECTOR

ANNE GOOCHDIRECTOR

About this charity

Recognized since: January 1992
Location: 23915 JEFFERSON AVE STE 1, ST CLR SHORES, MI 48080-1512
County: Macomb
In care of: Lawrence Breskin
Primary officer: Lawrence Breskin, Assistant Treasurer

How to reach them

WebsiteVisit the charity’s website Emailthedrya@gmail.com Phone(586) 778-1000 Officer phone(313) 510-0678

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990EZ
NTEE classification: Recreation & Sports (N67Z)
IRS tax category: All Other Amusement and Recreation Industries