Baltimore Operation Sail Ltd
EIN: 521189578 · Baltimore, MD · NTEE: N67Z
| Metric | Value |
|---|---|
| Total Revenue | $526K |
| Total Expenses | $85K |
| Net Assets | $90K |
Is Baltimore Operation Sail Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Baltimore Operation Sail Ltd
Baltimore Operation Sail Ltd (EIN: 521189578) is a nonprofit organization based in Baltimore, MD, classified under NTEE code N67Z. The organization reported total revenue of $526K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baltimore Operation Sail Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baltimore Operation Sail Ltd is a small nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $85K |
| Surplus / Deficit | $-57,024 |
| Total Assets | $216K |
| Total Liabilities | $125K |
| Net Assets | $90K |
| Operating Margin | -202.2% |
| Debt-to-Asset Ratio | 58.1% |
| Months of Reserves | 30.4 months |
Financial Health Grade: C
In 2023, Baltimore Operation Sail Ltd reported a deficit of $57K with expenses exceeding revenue, holds 30.4 months of operating reserves (strong position), has a debt-to-asset ratio of 58.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Baltimore Operation Sail Ltd's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.8% | -81.5% | +33.9% |
| 2022 | +1689.5% | +925.1% | +148.3% |
| 2021 | +16.0% | +165.9% | -16.1% |
| 2020 | -81.2% | -85.5% | +9.5% |
| 2019 | -46.9% | -54.4% | +53.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Baltimore Operation Sail Ltd has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baltimore Operation Sail Ltd with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.1%.
Frequently Asked Questions about Baltimore Operation Sail Ltd
Is Baltimore Operation Sail Ltd a legitimate charity?
Baltimore Operation Sail Ltd (EIN: 521189578) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $526K. No red flags identified. Financial health grade: C.
How does Baltimore Operation Sail Ltd spend its money?
Baltimore Operation Sail Ltd reported $526K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Baltimore Operation Sail Ltd tax-deductible?
Baltimore Operation Sail Ltd is registered as a tax-exempt nonprofit (EIN: 521189578). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Baltimore Operation Sail Ltd located?
Baltimore Operation Sail Ltd is headquartered in Baltimore, Maryland and files with the IRS under EIN 521189578. It is classified under NTEE code N67Z.
How many years of IRS 990 filings does Baltimore Operation Sail Ltd have?
Baltimore Operation Sail Ltd has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $526K in total revenue.
Filing History
IRS 990 filing history for Baltimore Operation Sail Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Baltimore Operation Sail Ltd's revenue has declined by 87.1%, moving from $218K to $28K. Total assets increased by 15.6% over the same period, from $186K to $216K. Total functional expenses fell by 56.7%, from $197K to $85K. In its most recent filing year (2023), Baltimore Operation Sail Ltd reported a deficit of $57K, with expenses exceeding revenue. The organization holds $125K in liabilities against $216K in assets (debt-to-asset ratio: 58.1%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $85K | $216K | $125K | — | — |
| 2022 | $545K | $461K | $161K | $14K | — | View 990 |
| 2021 | $30K | $45K | $65K | $2K | — | View 990 |
| 2020 | $26K | $17K | $77K | $0 | — | — |
| 2019 | $140K | $117K | $71K | $3K | — | View 990 |
| 2018 | $264K | $256K | $46K | $1K | — | View 990 |
| 2017 | $258K | $353K | $45K | $9K | — | View 990 |
| 2016 | $435K | $501K | $135K | $3K | — | View 990 |
| 2015 | $137K | $275K | $199K | $521 | — | View 990 |
| 2014 | $527K | $538K | $337K | $1K | — | View 990 |
| 2013 | $276K | $250K | $348K | $1K | — | View 990 |
| 2012 | $606K | $472K | $322K | $2K | — | View 990 |
| 2011 | $218K | $197K | $186K | $176 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $85K, and assets of $216K (revenue -94.8% year-over-year).
- 2022: Revenue of $545K, expenses of $461K, and assets of $161K (revenue +1689.5% year-over-year).
- 2021: Revenue of $30K, expenses of $45K, and assets of $65K (revenue +16.0% year-over-year).
- 2020: Revenue of $26K, expenses of $17K, and assets of $77K (revenue -81.2% year-over-year).
- 2019: Revenue of $140K, expenses of $117K, and assets of $71K (revenue -46.9% year-over-year).
- 2018: Revenue of $264K, expenses of $256K, and assets of $46K (revenue +2.3% year-over-year).
- 2017: Revenue of $258K, expenses of $353K, and assets of $45K (revenue -40.7% year-over-year).
- 2016: Revenue of $435K, expenses of $501K, and assets of $135K (revenue +218.1% year-over-year).
- 2015: Revenue of $137K, expenses of $275K, and assets of $199K (revenue -74.1% year-over-year).
- 2014: Revenue of $527K, expenses of $538K, and assets of $337K (revenue +90.7% year-over-year).
- 2013: Revenue of $276K, expenses of $250K, and assets of $348K (revenue -54.4% year-over-year).
- 2012: Revenue of $606K, expenses of $472K, and assets of $322K (revenue +177.5% year-over-year).
- 2011: Revenue of $218K, expenses of $197K, and assets of $186K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baltimore Operation Sail Ltd:
Data Sources and Methodology
This transparency report for Baltimore Operation Sail Ltd is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.