United States Sailing Association Inc
United States Sailing Association frequently operates at a deficit with increasing liabilities despite stable revenue.
EIN: 131671529 · Bristol, RI · NTEE: N670 · Updated: 2026-03-28
Is United States Sailing Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United States Sailing Association Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United States Sailing Association Inc
United States Sailing Association Inc (EIN: 131671529) is a nonprofit organization based in Bristol, RI, classified under NTEE code N670. The organization reported total revenue of $10.5M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United States Sailing Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United States Sailing Association Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, United States Sailing Association Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with annual revenues exceeding $9 million. This lack of reported compensation for officers raises questions about how leadership is compensated or if these roles are entirely volunteer-based, impacting transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of United States Sailing Association Inc's IRS 990 filings:
- Recurring operational deficits (e.g., $2.79M in 2023, $372K in 2021, $680K in 2019, $1.53M in 2018, $1.25M in 2017)
- Significant and increasing liabilities ($9.16M in 2023, up from $2.18M in 2014)
- 0% reported officer compensation across all filings, raising transparency concerns about executive pay.
Strengths
The following positive indicators were identified for United States Sailing Association Inc:
- Consistent revenue generation, generally around $10-11 million annually, demonstrating stable operational scale.
- Growth in assets over the decade, from $7.5 million in 2014 to $13.8 million currently, indicating some financial growth.
- Consistent filing of IRS Form 990s, demonstrating basic compliance and transparency.
Frequently Asked Questions about United States Sailing Association Inc
Is United States Sailing Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, United States Sailing Association Inc (EIN: 131671529) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does United States Sailing Association Inc spend its money?
United States Sailing Association Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to United States Sailing Association Inc tax-deductible?
United States Sailing Association Inc is registered as a tax-exempt nonprofit (EIN: 131671529). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation in the IRS 990s for an organization of this size is atypical and warrants further clarification. It could indicate a volunteer-led executive team, or that compensation is categorized differently, which would require reviewing the full 990 forms for detailed expense breakdowns.
What is the primary cause of the recurring deficits, such as the $2.79 million deficit in 2023?
The recurring deficits, like the $2.79 million in 2023 (Expenses $12,267,952 - Revenue $9,477,679), suggest that the organization's expenses frequently outpace its income. A detailed analysis of the functional expenses (program, administrative, fundraising) would be needed to pinpoint the specific areas driving these deficits.
How are the increasing liabilities, reaching $9.16 million in 2023, being managed?
The significant increase in liabilities from $2.18 million in 2014 to $9.16 million in 2023 indicates a growing financial obligation. Understanding the nature of these liabilities (e.g., debt, deferred revenue, program commitments) and the organization's strategy for managing and reducing them is crucial for assessing long-term financial stability.
Filing History
IRS 990 filing history for United States Sailing Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United States Sailing Association Inc's revenue has grown by 17.4%, moving from $8.1M to $9.5M. Total assets increased by 77.6% over the same period, from $6.2M to $11.1M. Total functional expenses rose by 44.3%, from $8.5M to $12.3M. In its most recent filing year (2023), United States Sailing Association Inc reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $9.2M in liabilities against $11.1M in assets (debt-to-asset ratio: 82.8%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.5M | $12.3M | $11.1M | $9.2M | — | — |
| 2022 | $14.8M | $14.1M | $11.7M | $6.9M | — | — |
| 2021 | $11.1M | $11.5M | $8.0M | $3.7M | — | View 990 |
| 2020 | $9.9M | $9.1M | $7.6M | $2.7M | — | — |
| 2019 | $10.5M | $11.2M | $6.5M | $2.4M | — | View 990 |
| 2018 | $9.9M | $11.5M | $7.6M | $2.9M | — | View 990 |
| 2017 | $9.7M | $10.9M | $9.7M | $3.5M | — | View 990 |
| 2016 | $11.6M | $10.5M | $9.6M | $2.6M | — | View 990 |
| 2015 | $10.5M | $9.9M | $8.3M | $2.4M | — | View 990 |
| 2014 | $9.3M | $9.0M | $7.5M | $2.2M | — | View 990 |
| 2013 | $8.6M | $8.0M | $7.0M | $2.0M | — | View 990 |
| 2012 | $8.0M | $8.3M | $6.5M | $2.3M | — | View 990 |
| 2011 | $8.1M | $8.5M | $6.2M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.5M, expenses of $12.3M, and assets of $11.1M (revenue -36.0% year-over-year).
- 2022: Revenue of $14.8M, expenses of $14.1M, and assets of $11.7M (revenue +33.5% year-over-year).
- 2021: Revenue of $11.1M, expenses of $11.5M, and assets of $8.0M (revenue +12.3% year-over-year).
- 2020: Revenue of $9.9M, expenses of $9.1M, and assets of $7.6M (revenue -5.7% year-over-year).
- 2019: Revenue of $10.5M, expenses of $11.2M, and assets of $6.5M (revenue +5.5% year-over-year).
- 2018: Revenue of $9.9M, expenses of $11.5M, and assets of $7.6M (revenue +2.7% year-over-year).
- 2017: Revenue of $9.7M, expenses of $10.9M, and assets of $9.7M (revenue -17.0% year-over-year).
- 2016: Revenue of $11.6M, expenses of $10.5M, and assets of $9.6M (revenue +10.8% year-over-year).
- 2015: Revenue of $10.5M, expenses of $9.9M, and assets of $8.3M (revenue +13.3% year-over-year).
- 2014: Revenue of $9.3M, expenses of $9.0M, and assets of $7.5M (revenue +8.1% year-over-year).
- 2013: Revenue of $8.6M, expenses of $8.0M, and assets of $7.0M (revenue +7.2% year-over-year).
- 2012: Revenue of $8.0M, expenses of $8.3M, and assets of $6.5M (revenue -0.8% year-over-year).
- 2011: Revenue of $8.1M, expenses of $8.5M, and assets of $6.2M.
Data Sources and Methodology
This transparency report for United States Sailing Association 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.