Quick charity verification for United States Sailing Foundaton (EIN: 222667411)
Verdict: United States Sailing Foundaton appears trustworthy
75/100Mission Score
$773KRevenue
$9.0MAssets
3Red Flags
3Strengths
Red Flags
Significant fluctuation in revenue, from $8,909,851 in 2022 to $772,576 in 2023, raises questions about funding stability.
A substantial increase in liabilities from $2,332,708 in 2021 to $6,404,061 in 2023 warrants further investigation into the nature of these obligations.
Expenses in 2023 ($1,979,292) significantly exceeded revenue ($1,440,618), indicating a deficit spending year.
Strengths
The organization maintains a healthy asset base, with $8,970,589 in 2023, providing a buffer against financial fluctuations.
Historically, the foundation has demonstrated the ability to generate substantial revenue, as seen in 2022 ($8,909,851).
Consistent filing of financial documents indicates a commitment to regulatory compliance.
AI Transparency Report
United States Sailing Foundaton is a recreation & sports nonprofit based in Bristol, Rhode Island, with reported revenue of $773K and assets of $9.0M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation details are not explicitly provided in the summary data, requiring deeper analysis of 990 forms to assess reasonableness against organizational size and mission. Revenue has grown +4487% across 13 filing periods.