Clearwater Community Sailing Association Inc

Nonprofit profile at a glance

EIN
592912008
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009, Form 990-T 2024
Location
Clearwater, FL, USA
Phone
7275177776
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$679,168
Expenses
$660,942
Assets
$261,796
Liabilities
$17,215

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CLAUDIA NABLE (VICE PRESIDENT)

People named in this filing

  • JEFFREY MULLER (CHAIRMAN OF THE BOARD)
  • CLAUDIA NABLE (VICE PRESIDENT)
  • NATHAN WEATHERILT (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide safe, enriching and affordable sailing opportunities to local residents and visitors, including youth, seniors and the disabled for the enjoyment and benefit of our entire community.

What it reported doing in 2024

The organization offers a wide range of boating instruction and water safety courses and hosts a variety of boating events. The mission of the organization is to provide safe, enriching, affordable and accessible sailing and non-motorized watersports opportunities to local residents and visitors, including youth, seniors and the disabled. The organization is committed to providing a physically and emotionally safe environment for all members and visitors. We believe and follow the principle of inclusion. We welcome and encourage everyone to participate in our activities regardless of age, gender, race, creed, place of origin, financial status or physical ability. We promote respect and appreciation for one's self, others, society as a whole and the natural environment. We strive for continual improvement of individuals and organizations recognizing that this can be facilitated through healthy competition and cooperation among various individuals and groups. We promote the development of true sportsmanship. Clearwater community sailing center continues, through its diverse programs, to create sailing and water sport opportunities to all in the community. The center is the base for programs such as sailability, a program designed for our sailors with physical challenges, health issues, as well as many associated with the veteran's administration programs.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 65.7%; rating input score 66
  • Program expense ratio: 67.2%; rating input score 67
  • Fundraising efficiency: $5.97 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 2.7%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 21st percentile among comparable filings

Details

  • Where the money goes: 65.7% of revenue deployed · 67.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $444K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.