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Nonprofit · EIN 27-1789166

CLAGETT SAILING

Tax-exempt · PORTSMOUTH, RI 02871

Financials

$299K$276K2023$298K$306K2024
Revenue Expenses · by fiscal year end
Financials of CLAGETT SAILING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$298,478$305,675-$7,197$686,851$1,095$685,756
December 31, 2023990$299,452$276,272$23,180$694,032$253$693,779
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$208,355
Program service revenue
$7,100
Investment income
$42,420
Net gain from sales of assets
$30,657
Net income from fundraising events
$40,488
Other revenue
$40,603

Expenses

Grants and similar amounts paid
$21,412
Other salaries and wages
$71,422
Salaries, compensation and benefits (total)
$81,740
Professional fundraising fees
$0
Accounting fees
$1,980
Depreciation
$30,070
Program services (functional)
$225,932
Management and general (functional)
$51,251
Fundraising (functional)
$28,492

Balance sheet and other

Total assets, start of year
$694,032
Total assets, end of year
$686,851
Total liabilities, end of year
$1,095
Net assets, end of year
$685,756
Land, buildings and equipment
$51,976
Gross receipts
$478,561
Employees
2
Year formed
2003
State of legal domicile
RI

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHANIE MCLENNANPRESIDENT
Trustee or director, Officer
15$0
SARAH EVERHART-SKEELSVICE PRESIDE
Trustee or director, Officer
2$0
ROBERTA M BENJAMINTREASURER
Trustee or director, Officer
10$0
CAROL BARROWSECRETARY
Trustee or director, Officer
3$0
JOHN MACGOWANVICE PRESIDE
Trustee or director, Officer
–$0
DANIEL HATCHDIRECTOR
Trustee or director
0.38$0
HEATHER MASONDIRECTOR
Trustee or director
1$0
SPENCER RAGGIODIRECTOR
Trustee or director
1$0
MATTHEW HILLDIRECTOR
Trustee or director
0.38$0
CHARLES ROSENFIELDDIRECTOR
Trustee or director
1$0
THOMAS MCGUEDIRECTOR
Trustee or director
5$0
ANDREW PARISHVICE PRESIDE
Trustee or director, Officer
–$0
ELIZABETH YORKDIRECTOR
Trustee or director
1$0
GRACE ELIZABETH ADAMDIRECTOR
Trustee or director
4$0
WILLIAM CASSIDYDIRECTOR
Trustee or director
0.38$0
5 more people on this return
NameTitleHours / weekCompensation
RODERICK O'HANLEYDIRECTOR
Trustee or director
1$0
ELIZABETH ISDALEDIRECTOR
Trustee or director
0.38$0
GREG KIELYDIRECTOR
Trustee or director
1$0
KAREN LLOYDDIRECTOR
Trustee or director
1$0
CATHERINE PEACOCKDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
GRACE ELIZABETH ADAMDIRECTOR
Trustee or director
4$0
CAROL BARROWDIRECTOR
Trustee or director
2$0
ROBERTA M BENJAMINTREASURER
Trustee or director, Officer
10$0
WILLIAM CASSIDYDIRECTOR
Trustee or director
0.38$0
JULIA DORSETTDIRECTOR
Trustee or director
1$0
SARAH EVERHART-SKEELSVICE PRESIDE
Trustee or director, Officer
2$0
JACK GRANTDIRECTOR
Trustee or director
5$0
DANIEL HATCHDIRECTOR
Trustee or director
0.38$0
MATTHEW HILLDIRECTOR
Trustee or director
0.38$0
ELIZABETH ISDALEDIRECTOR
Trustee or director
0.38$0
BRADLEY JOHNSONDIRECTOR
Trustee or director
0.38$0
BIRD JONESDIRECTOR
Trustee or director
1$0
GREG KIELYDIRECTOR
Trustee or director
1$0
KAREN LLOYDDIRECTOR
Trustee or director
1$0
THOMAS MCGUEDIRECTOR
Trustee or director
5$0
ANDREW PARISHDIRECTOR
Trustee or director
0.38$0
CATHERINE PEACOCKDIRECTOR
Trustee or director
1$0
SPENCER RAGGIODIRECTOR
Trustee or director
1$0
VICKY WISEMAN-CLAIRESECRETARY
Trustee or director, Officer
3$0
STEPHANIE MCLENNANPRESIDENT
Officer
15$0

Address and contacts

Address (IRS master file)
231 INDIAN AVE, PORTSMOUTH, RI 02871-5152
In care of
% JULIETTE C MCLENNAN
Principal officer (990 for 2024)
STEPHANIE MCLENNAN
Signed the 990
ROBERTA M BENJAMIN, TREASURER
Phone
(401) 846-1353
Return prepared by
FORD & MESSERE INC

Mission

TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR COMPETITIVE SAILING OPPORTUNITIES FOR SAILORS WITH PHYSICAL DISABILITIES AND HELP THEM ACHIEVE THEIR INDIVIDUAL GOALS IN SAILING THROUGH WORLD-CLASS COACHING AND COMPETITION.

990 for the year ended December 31, 2024

Program accomplishments

  • CLAGETT SAILINGS CELEBRATED ITS 22ND ANNIVERSARY THIS YEAR. IN 2024, CLAGETT SAILING PRESENTED ITS FLEET RACING CLINIC AND REGATTA IN NEWPORT,RI AND FLEET RACING REGATTA IN OXFORD, MARYLAND. OUR PROGRAMS HAVE GROWN TO INCLUDE THE CLAGETT BOAT GRANT PROGRAM TO MAKE BOATS AVAILABLE TO OUR SAILORS AND TEAM CLAGETT TO ASSIST OUR SAILORS IN ATTENDING OTHER EVENTS, BOTH FOR SAILORS LIVING WITH DISABILITIES AND OPEN REGATTAS. IN 2024, WE WERE ABLE TO ASSIST A MEMBER OF TEAM CLAGETT TO ATTEND THE 2024, 2.4MR WORLD CHAMPIONSHIP HELD IN KEIL, GERMANY AND WE WILL BE HELPING TO SEND SOME OF TEAM CLAGETT TO THE 2.4MR INCLUSIVE WORLD CHAMPIONSHIP 2025 HELD IN LAKE GARDA AT FRAGLIA VELA MALCESINE IN FRAZIONE NAVENE, ITALY. THE LARGEST FLEET RACING IN 2024 WAS THE 2.4MR CLASS WITH 21 BOATS AND THEY HAD 9 RACES. IN THE DOUBLE HANDED MARTIN 16 CLASS THERE WERE 5 ENTRIES WITH 8 RACES. WE HAD 3 OUTSTANDING COACHES TO TEACH OUR 31 SAILORS.
    Expenses $225,932 · revenue $7,100

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-1789166
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$686,851
Income (IRS master file)
$478,561

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$298,478$305,675$686,851XML
990December 2023$299,452$276,272$694,032XML
990December 2022$280,572$315,308$629,963IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 27-1789166).

Questions about CLAGETT SAILING

What is the EIN of CLAGETT SAILING?
The employer identification number (EIN) of CLAGETT SAILING is 27-1789166.
Is CLAGETT SAILING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to CLAGETT SAILING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLAGETT SAILING 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 CLAGETT SAILING due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CLAGETT SAILING last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CLAGETT SAILING?
The 990 for the year ended December 31, 2024 names STEPHANIE MCLENNAN.
Who are the officers and directors of CLAGETT SAILING?
The 990 for the year ended December 31, 2024 lists 20 people; 0 received compensation from the organization.
How much revenue does CLAGETT SAILING have?
On its 990 for the year ended December 31, 2024 it reported revenue of $298,478, expenses of $305,675 and total assets of $686,851 at year end.

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