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Nonprofit · EIN 39-1570760

OKAUCHEE LAKE SAILING SCHOOL INC

Tax-exempt · NASHOTAH, WI 53058

Financials

$24K$47K2022$51K$44K2023$75K$38K2024
Revenue Expenses · by fiscal year end
Financials of OKAUCHEE LAKE SAILING SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$74,939$38,046$36,893$765,843$10,355$755,488
August 31, 2024990$50,844$44,020$6,824$779,594$73,183$706,411
August 31, 2023990$23,771$46,520-$22,749$793,085$93,498$699,587
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$28,431
Program service revenue
$18,409
Investment income
$20,225
Net rental income
$7,874
Net gain from sales of assets
$18,656
Other revenue
$7,874

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$7,490
Salaries, compensation and benefits (total)
$7,947
Professional fundraising fees
$0
Legal fees
$2,067
Accounting fees
$1,537
Depreciation
$18,171
Program services (functional)
$34,339
Management and general (functional)
$3,707

Balance sheet and other

Total assets, start of year
$779,594
Total assets, end of year
$765,843
Total liabilities, end of year
$10,355
Net assets, end of year
$755,488
Land, buildings and equipment
$685,092
Publicly traded securities
$77,221
Gross unrelated business income
$7,874
Gross receipts
$92,975
Employees
3
Volunteers
8
Year formed
1986
State of legal domicile
WI

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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
COYE HARRETTPRESIDENT
Trustee or director, Officer
2$0
MARK PRANGEVICE PRESIDENT
Trustee or director, Officer
1$0
JARROD THOMASTREASURER
Trustee or director, Officer
1$0
TOM GROSKOPFDIRECTOR
Trustee or director
1$0
990 for the year ended August 31, 2024: 4 people
NameTitleHours / weekCompensation
COYE HARRETTPRESIDENT
Officer
2$0
MARK PRANGEVICE PRESIDE
Trustee or director, Officer
–$0
BILL GROSKOPFTREASURER
Trustee or director, Officer
–$0
TOM GROSKOPFDIRECTOR
Trustee or director, Officer
–$0
990 for the year ended August 31, 2023: 4 people
NameTitleHours / weekCompensation
COYE HARRETTPRESIDENT
Trustee or director, Officer
1$0
MARK PRANGEVICE PRESIDENT
Trustee or director, Officer
1$0
BILL GROSKOPFTREASURER
Trustee or director, Officer
1$0
TOM GROSKOPFDIRECTOR
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 152, NASHOTAH, WI 53058-0152
Principal officer (990 for 2024)
COYE HARRETT, PO BOX 152, NASHOTAH, WI 530580152
Signed the 990
COYE HARRETT, PRESIDENT
Phone
(262) 325-7247
Return prepared by
WEGNER CPAS LLP

Mission

ENCOURAGE, DEVELOP, PROMOTE AND FOSTER AMATEUR YACHTING IN THE ISLAND LAKES OF THE UNITED STATES BY PROVIDING SAILING INSTRUCTION.

990 for the year ended August 31, 2025

Program accomplishments

  • ENCOURAGE, DEVELOP, PROMOTE AND FOSTER AMATEUR YACHTING IN THE ISLAND LAKES OF THE UNITED STATES BY PROVIDING SAILING INSTRUCTION.THE SAILING SCHOOL TEACHES CHILDREN AND ADULTS THE SCIENCE OF SAILING IN SUPPORT OF AMATEUR ATHLETICS AND SAILING.
    Expenses $34,339 · revenue $18,409

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
39-1570760
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
1989
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$765,843
Income (IRS master file)
$92,975

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$74,939$38,046$765,843XML
990-TAugust 2025–––IRS
990August 2024$50,844$44,020$779,594XML
990-TAugust 2024–––IRS
990August 2023$23,771$46,520$793,085XML
990August 2022$80,147$41,185$826,394IRS
990August 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 39-1570760).

Questions about OKAUCHEE LAKE SAILING SCHOOL INC

What is the EIN of OKAUCHEE LAKE SAILING SCHOOL INC?
The employer identification number (EIN) of OKAUCHEE LAKE SAILING SCHOOL INC is 39-1570760.
Is OKAUCHEE LAKE SAILING SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to OKAUCHEE LAKE SAILING SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OKAUCHEE LAKE SAILING SCHOOL INC 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 OKAUCHEE LAKE SAILING SCHOOL INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OKAUCHEE LAKE SAILING SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of OKAUCHEE LAKE SAILING SCHOOL INC?
The 990 for the year ended August 31, 2025 names COYE HARRETT.
Who are the officers and directors of OKAUCHEE LAKE SAILING SCHOOL INC?
The 990 for the year ended August 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does OKAUCHEE LAKE SAILING SCHOOL INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $74,939, expenses of $38,046 and total assets of $765,843 at year end.

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