Sail Boston 2000 Inc
EIN: 43403232 · Boston, MA · NTEE: N520
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $8K |
| Net Assets | $-80,129 |
Is Sail Boston 2000 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sail Boston 2000 Inc
Sail Boston 2000 Inc (EIN: 43403232) is a nonprofit organization based in Boston, MA, classified under NTEE code N520. The organization reported total revenue of $2.1M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sail Boston 2000 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sail Boston 2000 Inc is a mid-size nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -100.0% | -84.0% | -3.3% |
| 2020 | -99.9% | -53.8% | -52.0% |
| 2019 | +357.8% | +111.5% | -11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sail Boston 2000 Inc 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 Sail Boston 2000 Inc 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:
- Debt-to-asset ratio: 276.5%.
Frequently Asked Questions about Sail Boston 2000 Inc
Is Sail Boston 2000 Inc a legitimate charity?
Sail Boston 2000 Inc (EIN: 43403232) is a registered tax-exempt nonprofit based in Massachusetts. It has 14 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: C.
How does Sail Boston 2000 Inc spend its money?
Sail Boston 2000 Inc reported $2.1M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sail Boston 2000 Inc tax-deductible?
Sail Boston 2000 Inc is registered as a tax-exempt nonprofit (EIN: 43403232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sail Boston 2000 Inc located?
Sail Boston 2000 Inc is headquartered in Boston, Massachusetts and files with the IRS under EIN 43403232. It is classified under NTEE code N520.
How many years of IRS 990 filings does Sail Boston 2000 Inc have?
Sail Boston 2000 Inc has 14 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Sail Boston 2000 Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Sail Boston 2000 Inc's revenue has declined by 100%, moving from $58K to $0. Total assets increased by 235.5% over the same period, from $14K to $45K. Total functional expenses fell by 91.5%, from $95K to $8K. The organization holds $126K in liabilities against $45K in assets (debt-to-asset ratio: 276.5%), resulting in net assets of $-80,129.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $0 | $8K | $45K | $126K | — | — |
| 2022 | $0 | $3K | $47K | $119K | — | — |
| 2021 | $0 | $3K | $50K | $119K | — | View 990 |
| 2020 | $25 | $20K | $52K | $117K | — | View 990 |
| 2019 | $29K | $44K | $108K | $153K | — | View 990 |
| 2018 | $6K | $21K | $122K | $152K | — | View 990 |
| 2017 | $2.3M | $2.4M | $125K | $141K | — | View 990 |
| 2016 | $275K | $175K | $458K | $359K | — | View 990 |
| 2015 | $0 | $384 | $336 | $1K | — | — |
| 2014 | $0 | $651 | $720 | $1K | — | View 990 |
| 2013 | $0 | $2K | $872 | $500 | — | View 990 |
| 2012 | $0 | $4K | $6K | $4K | — | View 990 |
| 2011 | $0 | $7K | $8K | $2K | — | View 990 |
| 2010 | $58K | $95K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $0, expenses of $8K, and assets of $45K.
- 2022: Revenue of $0, expenses of $3K, and assets of $47K.
- 2021: Revenue of $0, expenses of $3K, and assets of $50K (revenue -100.0% year-over-year).
- 2020: Revenue of $25, expenses of $20K, and assets of $52K (revenue -99.9% year-over-year).
- 2019: Revenue of $29K, expenses of $44K, and assets of $108K (revenue +357.8% year-over-year).
- 2018: Revenue of $6K, expenses of $21K, and assets of $122K (revenue -99.7% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.4M, and assets of $125K (revenue +719.9% year-over-year).
- 2016: Revenue of $275K, expenses of $175K, and assets of $458K.
- 2015: Revenue of $0, expenses of $384, and assets of $336.
- 2014: Revenue of $0, expenses of $651, and assets of $720.
- 2013: Revenue of $0, expenses of $2K, and assets of $872.
- 2012: Revenue of $0, expenses of $4K, and assets of $6K.
- 2011: Revenue of $0, expenses of $7K, and assets of $8K (revenue -100.0% year-over-year).
- 2010: Revenue of $58K, expenses of $95K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sail Boston 2000 Inc:
Data Sources and Methodology
This transparency report for Sail Boston 2000 Inc 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.