Thistle Class Association

Nonprofit profile at a glance

EIN
362553059
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024
Location
Barberton, OH, USA
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$53,825
Expenses
$61,067
Assets
$143,121

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Aaron Holland (President)
  • Chris Murphy (1st Vice President)
  • Paul Cone (2nd Vice President)
  • Wheeler Sutton (3rd Vice President)
  • Warren Duckworth (Past President)

People named in this filing

  • DIANNE DUCKWORTH (SECRETARY)
  • SARAH PAISLEY (TREASURER)
  • Aaron Holland (President)

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 and educate about thistle class sailing

What it reported doing in 2024

Provide a forum for thistle class sailing enthusiasts publish and distribute a magazine newsletter to the members and assist in the management of thistle class sailing events.

Operating model

Revenue model
Membership-supported. 62% of the money available for current operations came from membership dues.
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

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: 100
  • Transparency & Controls: 82
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

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

Sustainability

  • Operating margin: -13.5%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 2.34; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29.5%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 5.6% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 7.6% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 21.7% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $61K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.