Lake Washington Sailing Club

Nonprofit profile at a glance

EIN
946103111
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
West Sacramento, CA, USA
Rating
54
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$126,370
Expenses
$112,463
Assets
$122,368
Liabilities
$349

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

Leadership & pay

7 people listed

People named in this filing

  • Remedios Diva (Treasurer)
  • David Potter (Commodore)
  • John Mathias (Vice Commodore)

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

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

Overview

Mission

To Promote the Sport of Sailing

What it reported doing in 2024

Junior Summer Camp - Sailing and seamanship lessons for elementary and middle school children. 86 kids attended this summer. Camp ran for 8 weeks.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for member benefits.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.7%; rating input score 25
  • Program expense ratio: 27.8%; rating input score 28

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 48; 48th percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: 40.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 24.7% of revenue deployed · 27.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $31K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 25/100.
  • High — Financial Efficiency: Program expense ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 48/100.