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CLUB 1565 NFP

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Public IRS 990 nonprofit record

CLUB 1565 NFP

EIN 85-4343101 · Recreational Clubs (N50)

What they do

The Club is Founded to Provide Sailing and Other Nautical Opportunities, Related Educational Opportunities, and Recreational Opportunities On The North American Great Lakes And/or On The Worlds Oceans, for and Among Its Members, As Specified Herein, Including The Following Specific Activities and Manners: A. Procurement of A Sixty-foot (60-ft.), Double-masted Schooner, or Similar to Serve As A Recreational Sailing Vessel (the "Vessel") Upon Which Members Will Have Personal Contact and An Ability to Commingle, and Which Will Serve As Gathering Location to Further Promote The Aforementioned Fellowship Amongst The Members; B. Institution of Academic and Practical Sailing Courses to Assist In Enhancement of Members Skills While Also Providing and Environment and Opportunities Camaraderie In Learning New Topics and Experiencing New Activities Intrinsic to Sailing; and C. Establishment of Exclusive Media for Comfortable Communication Among The Members In Furtherance of The Foregoing.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 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 2025The charity has a recent tax report to read.

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

They name their leaders1 people are listed in the latest report.

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

Money made simple

100.00%of revenue went to mission work100.0% of expenses · Program services

Ask these three easy questions

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

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 2025

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.

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$257
Mission workProgram services$257100.00% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$257100.00% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Expenses$136

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)$257 · 189.0% of expenses
This source amount exceeds total expenses; compare the filing details carefully.
See all reported dollar amounts
Expenses$136
Mission work (program services)$257
People

Leadership and board

Tax year 2025

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

THOMAS V LEVERSOPRINCIPAL OFFICER

About this charity

Recognized since
January 2021
Location
33 W HIGGINS RD STE 3080, S BARRINGTON, IL 60010-9128
County
Lake
In care of
% LAW OFFICES OF THOMAS V LEVERSO
Primary officer
Thomas Leverso, President

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2023
Return type
990EZ
NTEE classification
Recreational Clubs (N50)
IRS tax category
Recreational Clubs

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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