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Nonprofit · EIN 11-3831516

DARE COUNTY BOAT BUILDERS FOUNDATION

Tax-exempt · MANTEO, NC 27954

Financials

$303K$144K2023$300K$190K2024$361K$186K2025
Revenue Expenses · by fiscal year end
Financials of DARE COUNTY BOAT BUILDERS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$360,506$186,066$174,440$1,904,999$10,996$1,894,003
December 31, 2024990$299,928$189,666$110,262$1,529,889$0$1,529,889
December 31, 2023990$302,970$143,566$159,404$1,318,050$0$1,318,050
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$25,222
Program service revenue
$0
Investment income
$34,966
Net income from fundraising events
$300,318
Other revenue
$300,318

Expenses

Grants and similar amounts paid
$186,066
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$186,066

Balance sheet and other

Total assets, start of year
$1,529,889
Total assets, end of year
$1,904,999
Total liabilities, end of year
$10,996
Net assets, end of year
$1,894,003
Net assets without donor restrictions
$1,894,003
Gross receipts
$693,721
Employees
0
Year formed
2007
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JOHN BAYLISSPRESIDENT
Officer
–$0
RICKY SACRBOROUGH JRV-PRESIDENT
Officer
–$0
JASON WAUGHTELTREASURER
Officer
–$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
JOHN BAYLISSPRESIDENT
Officer
–$0
RICKY SACRBOROUGH JRV-PRESIDENT
Officer
–$0
JASON WAUGHTELTREASURER
Officer
–$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOHN BAYLISSPRESIDENT
Officer
–$0
RICKY SACRBOROUGH JRV-PRESIDENT
Officer
–$0
JASON WAUGHTELTREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 1473, MANTEO, NC 27954-1473
Principal officer (990 for 2025)
JASON WAUGHTEL, 108 WEIR POINT DR, MANTEO, NC 27954
Signed the 990
JASON WAUGHTEL, TREASURER
Phone
(252) 473-1716
Website
DCBBF.ORG
Return prepared by
DOWDY & OSBORNE LLP

Mission

TO DEVELOP, ENCOURAGE AND PROMOTE PUBLIC AWARENESS OF THE HISTORICAL AND CULTURAL HERITAGE OF BOAT BUILDING IN DARE COUNTY AND TO SUPPORT EDUCATIONAL OPPORTUNITIES FOR STUDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • COLLEGE SCHOLARSHIPS
    Expenses $170,000 · grants $170,000
  • UNC DONATION FOR COLLEGE/HIGH SCHOOL COUNSELOR
    Expenses $16,066 · grants $16,066

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3831516
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$1,904,999
Income (IRS master file)
$693,721

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$360,506$186,066$1,904,999XML
990December 2024$299,928$189,666$1,529,889XML
990December 2023$302,970$143,566$1,318,050XML
990December 2022$263,604$116,566$1,030,498IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3831516).

Questions about DARE COUNTY BOAT BUILDERS FOUNDATION

What is the EIN of DARE COUNTY BOAT BUILDERS FOUNDATION?
The employer identification number (EIN) of DARE COUNTY BOAT BUILDERS FOUNDATION is 11-3831516.
Is DARE COUNTY BOAT BUILDERS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to DARE COUNTY BOAT BUILDERS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DARE COUNTY BOAT BUILDERS FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DARE COUNTY BOAT BUILDERS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DARE COUNTY BOAT BUILDERS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DARE COUNTY BOAT BUILDERS FOUNDATION?
The 990 for the year ended December 31, 2025 names JASON WAUGHTEL.
Who are the officers and directors of DARE COUNTY BOAT BUILDERS FOUNDATION?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does DARE COUNTY BOAT BUILDERS FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $360,506, expenses of $186,066 and total assets of $1,904,999 at year end.

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