Nashville Sailing Foundation Inc
Nonprofit profile at a glance
- EIN
- 200487670
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Hermitage, TN, USA
- Phone
- 6154821461
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $68,961
- Expenses
- $51,647
- Assets
- $213,007
- Liabilities
- $6,855
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- Cody Hall (Director)
- Bruce Thomas (Director)
- Jan Mattix (Secretary)
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
Operate a community-wide youth sailing program in an effort to develop life-long sailors
What it reported doing in 2025
Four summer weeks of basic sailing instruction teaching safety and boat handling, from beginner to advanced for 130 students from age 8 to 14
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.7%; rating input score 71
- 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: Limited
Sustainability
- Operating margin: 25.1%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 4.12; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: -0.5% per year; rating input score 0; 48th percentile among comparable filings
- Asset growth: 6.9% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 70.7% of revenue deployed · 94.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $49K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 9/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.