Off Soundings Club
Nonprofit profile at a glance
- EIN
- 237440166
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025
- Location
- East Haven, CT, USA
- Phone
- 9176124334
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $129,624
- Expenses
- $132,285
- Assets
- $89,012
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- BILL TYLER (COMMODORE)
- JAMES H RICH III (VICE COMMODORE)
- DAVID NAUBER (REAR 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Organized two offshore regattas with over 100 racing sailboats participating. OVER 600 SAILORS PARTIFCIPATED IN THE RACING AND ATTENDED THE CLUB'S RELATED DAILY AFTER-RACE RESULTS AND SHORE ACTIVITIES.
What it reported doing in 2025
SPRING OFFSHORE Organized over 100 racing sailboats participating.
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. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 51.4%; rating input score 51
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.67; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 21.4% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 51.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $68K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 5 filing years from 2021 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.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Sustainability: Operating margin scored 25/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.