Los Angeles Sailing Foundation

Nonprofit profile at a glance

EIN
263550483
IRS 990-EZ coverage
2014–2025
Forms available
Form 990-EZ 2025, Form 990-N 2019
Location
San Pedro, CA, USA
Phone
3108311203
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$49,500
Expenses
$52,722
Assets
$112,112

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • TERRANCE BROWN (President)

People named in this filing

  • TERRANCE BROWN (President)
  • BILL ROGERS (Director)
  • JAMES MORGAN (DIRECTOR)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our foundation has been established to support the sport of sailing and to promote the stewardship of the marine environment. We reach out to youth and to those who would not normally have access to sailing and marine experience by offering sailing scholarships, education, and by supporting relevant programs and organizations.

What it reported doing in 2025

During 2025 the los angeles sailing foundation made grants to the los angeles yacht club to support the boats owned by los angeles sailing foundation and chartered to los angeles yacht club for use in its community sailing and as a sailing programs for harbor cup intercollegiate regatta in addition the foundation supports the lets go sailing event.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 94.6%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -6.5%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 28.9% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 1.5% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 94.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Sustainability: Operating margin scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.