Sail To Prevail Inc
- Assets
- $2.0m
- Revenue
- $642.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Newport, RI
- Founding
- 03/1983
- Data as of
- 12/2021
- EIN
- 05-0399703
Organization Overview
Sail To Prevail Inc, operating under the name Sail To Prevail, is located in Newport, RI. The organization was established in 1983. As of 12/2021, Sail To Prevail employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sail To Prevail is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sail To Prevail generated $642.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $513.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR MISSIONTHE MISSION OF SAIL TO PREVAIL - THE NATIONAL DISABLED SAILING PROGRAM - IS TO TEACH CHILDREN AND ADULTS WITH DISABILITIES TO OVERCOME ADVERSITY THROUGH THERAPEUTIC SAILING. PARTICIPANTS INCLUDE CHILDREN WITH PEDIATRIC CANCER, AUTISM, PARALYSIS, AND DEVELOPMENTAL DISABILITIES, AS WELL AS WOUNDED MILITARY PERSONNEL FROM THE USA AND OTHER COUNTRIES. OUR PROGRAM IS EVOLVING TO ALSO INCLUDE MEMBERS OF THE MEDICAL COMMUNITY, SPECIFICALLY RESIDENT DOCTORS. WITH PROGRAMS IN SEVERAL STATES, SAIL TO PREVAIL ANNUALLY TEACHES MORE THAN 1,000 PEOPLE WITH DISABILITIES SAILING SKILLS IN OUR FLEET OF SPECIALLY ADAPTED SAILBOATS. SAIL TO PREVAIL IS INCREASINGLY EMPHASIZING THE TRAINING OF OTHER KNOWLEDGE-BASED SAILORS (INCLUDING BUT NOT LIMITED TO AN NCAA DIVISION ONE COLLEGIATE SAILING TEAM) ITS PROPRIETARY THERAPEUTIC MODEL, THUS EXPANDING THE NUMBER OF DISABLED PARTICIPANTS IT AFFECTS THROUGHOUT THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ADAPTIVE SAILING PROGRAM CHALLENGES ITS PARTICIPANTS IN SPECIALLY ADAPTED 20-FOOT SAILBOATS TO CONTRIBUTE WHAT THEY CAN IN A "HANDS ON" MANNER, NO MATTER HOW SEVERE THEIR DISABILITY. SAILING LESSONS RANGE FROM GROUP PROGRAMS TO HIGHLY CUSTOMIZED, INDIVIDUAL INSTRUCTION. BY STRONGLY ENCOURAGING DISABLED INDIVIDUALS TO BECOME ACTIVELY ENGAGED PARTICIPANTS, THE MEASURABLE OUTCOMES ARE IMPROVED SELF-CONFIDENCE, LEADERSHIP ABILITIES AND THE UNDERSTANDING OF TEAMWORK - NECESSARY AND VALUABLE LIFE SKILLS WHICH PARTICIPANTS MAY UTILIZE TO CONQUER CHALLENGES IN OTHER AREAS OF THEIR DAILY LIVES.
THE EDUCATION AND OUTREACH PROGRAM INTRODUCES THE CONCEPTS AND TOOLS THAT ULTIMATELY ENABLE THE PARTICIPANTS TO LEAD LIVES AS FULL, ENRICHING AND PRODUCTIVE AS POSSIBLE, WITH THE FOCUS OF CONTRIBUTING TO FAMILY AND SOCIETY. ADDITIONALLY, SAIL TO PREVAIL HAS EMBARKED ON INITIATIVES TO UTILIZE OUR PROGRAMS TO INCLUDE MEDICAL PERSONNEL, SPECIFICALLY RESIDENT DOCTORS IN TRAINING, TO ASSIST IN THEIR EDUCATION FOR AND WITH CHILDREN WITH DISABILITIES OR CRITICAL ILLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Callahan Executive Director/secreta | OfficerTrustee | 40 | $97,900 |
David Kerins ESQ Chairman | OfficerTrustee | 2 | $0 |
Cheryl Mccarthy Treasurer | OfficerTrustee | 2 | $0 |
Dean Gestal Vice Chairman | OfficerTrustee | 2 | $0 |
David Waddill Director | Trustee | 1 | $0 |
Christopher Culver Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,523 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $611,528 |
| Total Program Service Revenue | $25,620 |
| Investment income | $5,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $642,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $11,340 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $127,503 |
| Compensation of current officers, directors, key employees. | $6,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,956 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,390 |
| Payroll taxes | $11,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,500 |
| Fees for services: Accounting | $12,542 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,353 |
| Advertising and promotion | $25,961 |
| Office expenses | $4,623 |
| Information technology | $3,646 |
| Royalties | $0 |
| Occupancy | $18,388 |
| Travel | $14,951 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,555 |
| Insurance | $23,307 |
| All other expenses | $27,334 |
| Total functional expenses | $513,749 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,715 |
| Savings and temporary cash investments | $1,544,578 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,340 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,898 |
| Net Land, buildings, and equipment | $238,425 |
| Investments—publicly traded securities | $46,937 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,002,893 |
| Accounts payable and accrued expenses | $27,595 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $53,287 |
| Other liabilities | $0 |
| Total liabilities | $80,882 |
| Net assets without donor restrictions | $1,838,425 |
| Net assets with donor restrictions | $83,586 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,002,893 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sail To Prevail Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Clara Foundation Inc Siasconset, MA PURPOSE: GENERAL & UNRESTRICTED | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Baystate Wing Hospital Corporation Palmer, MA | $104,408,982 | $97,206,592 |
Saint Marys Hospital For Children Inc Bayside, NY | $163,358,524 | $102,313,252 |
Common Wealth Clinical Alliance Inc Boston, MA | $145,104,803 | $101,479,734 |
Care Design New York Llc Albany, NY | $58,406,708 | $119,726,125 |
Community Health Project Inc New York, NY | $98,075,603 | $99,211,868 |
Rome Memorial Hospital Inc Rome, NY | $72,806,706 | $103,415,729 |
Cayuga Medical Associates Pc Ithaca, NY | $9,424,563 | $97,237,418 |
Medical Care Of Queens Pc Westbury, NY | $21,678,110 | $91,754,608 |
Guthrie Cortland Medical Center Cortland, NY | $104,605,193 | $96,207,960 |
Brattleboro Memorial Hospital Brattleboro, VT | $104,110,921 | $94,984,604 |
North Country Hospital & Health Center,inc Newport, VT | $120,716,878 | $102,074,097 |