Twin Cities Sailing Club
Nonprofit profile at a glance
- EIN
- 311560191
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Minneapolis, MN, USA
- Phone
- 6122105756
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $82,011
- Expenses
- $66,555
- Assets
- $116,538
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
People named in this filing
- AMY WELLE (COMMODORE)
- REED MITCHELL (VICE COMMODO)
- BETH KALIN (REAR COMMODO)
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 provide a community dedicated to learning and teaching the art of sailing to adults in minneapolis and st. Paul.
What it reported doing in 2024
220 members had access to the club's fleet of 19 sailboats for training and recreational use. Over 45 on-the-water sailing instruction sessions were held during the sailing season. In addition, there was a multi-day classroom instruction program for the sailboat racing program. 60 new members from the general public were admitted to the club via a random selection process due to high demand for the limited slots available. The club accepts adult members with all levels of sailing experience.
Operating model
- Revenue model
- Membership-supported. 73% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 98% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.3%; rating input score 71
- Program expense ratio: 88.7%; rating input score 89
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.8%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 62; 62nd 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: 5.8% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 71.3% of revenue deployed · 88.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $59K in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2009 to 2024
- 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 — Sustainability: Officer compensation ratio scored 56/100.