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Nonprofit · EIN 46-3271817

SAILFUTURE INC

Tax-exempt · ST PETERSBURG, FL 33712

Financials

$3.7M$2.6M2022$3.4M$2.8M2023$4.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of SAILFUTURE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$4,534,599$2,443,294$2,091,305$10,066,708$3,329,524$6,737,184
June 30, 2024990$3,417,500$2,801,835$615,665$7,975,193$3,329,314$4,645,879
June 30, 2023990$3,711,427$2,648,485$1,062,942$7,351,295$3,321,081$4,030,214
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,592,666
Program service revenue
$1,264,014
Investment income
$0
Other revenue
$677,919

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$844,694
Salaries, compensation and benefits (total)
$1,184,565
Professional fundraising fees
$0
Occupancy
$106,369
Travel
$42,497
Program services (functional)
$2,198,967
Management and general (functional)
$244,327

Balance sheet and other

Total assets, start of year
$7,975,193
Total assets, end of year
$10,066,708
Total liabilities, end of year
$3,329,524
Net assets, end of year
$6,737,184
Land, buildings and equipment
$6,481,617
Gross receipts
$4,534,599
Employees
0
Volunteers
0
Year formed
2013
State of legal domicile
FL

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL LONGPRESIDENT
Highest-paid employee
40$127,404
ANDREW L GOULDSECRETARY
Trustee or director, Officer
10$0
MADELINE MANLOVETREASURER
Trustee or director, Officer
10$0
NELSON SCOTTDIRECTOR
Trustee or director
5$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
MICHAEL LONGPRESIDENT
Trustee or director, Officer, Key employee
40$127,308
ANDREW L GOULDSECRETARY
Trustee or director, Officer
10$0
MADELINE MANLOVETREASURER
Trustee or director, Officer
10$0
NELSON SCOTTDIRECTOR
Trustee or director
5$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
MICHAEL LONGPRESIDENT
Trustee or director, Officer, Key employee
40$0
ANDREW L GOULDSECRETARY
Trustee or director, Officer
10$0
MADELINE MANLOVETREASURER
Trustee or director, Officer
10$0
MICAH THOMPSONDIRECTOR
Trustee or director
5$0
NELSON SCOTTDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
2900 68TH AVE S, ST PETERSBURG, FL 33712-5525
Principal officer (990 for 2024)
MICHAEL LONG, 2900 68TH AVE S, SAINT PETERSBURG, FL 33712
Signed the 990
MICHAEL LONG, PRESIDENT
Phone
(941) 291-9847
Return prepared by
THOMAS & COMPANY CPA PA

Mission

TO USE SAILING AS A TOOL TO BUILD LIFELONG RELATIONSHIPS BETWEEN TROUBLED TEENS WHO ARE TRANSITIONING BACK INTO SOCIETY AND CONNECT THEM WITH PASSIONATE MENTORS WHO WILL ACT AS ROLE MODELS DURING THE JOURNEY

990 for the year ended June 30, 2025

Program accomplishments

  • RESIDENTIAL INTERVENTION PROGRAM TO FOSTER TRANSFORMATIONAL CHANGE IN HIGH-RISK YOUTH BY DEVELOPING TRUST AND LONG TERM PERSONAL RELATIONSHIPS THROUGH SAILING EXPERIENCES, COUNSELING, EXPERIENTIAL EDUCATION AND LONG-TERM HOUSING. OUR RESIDENTIAL MODEL INCLUDES AN ACCREDITED EXPERIENTIAL HIGH SCHOOL, CHALLENGING SAILING EXPERIENCES, INDIVIDUAL COUNSELING AND JOB TRAINING.
    Expenses $2,198,967

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-3271817
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2013
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,066,708
Income (IRS master file)
$4,534,599

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$4,534,599$2,443,294$10,066,708IRS
990June 2024$3,417,500$2,801,835$7,975,193IRS
990June 2023$3,711,427$2,648,485$7,351,295XML
990June 2022$4,001,733$3,031,691$6,315,958IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 46-3271817).

Questions about SAILFUTURE INC

What is the EIN of SAILFUTURE INC?
The employer identification number (EIN) of SAILFUTURE INC is 46-3271817.
Is SAILFUTURE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to SAILFUTURE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAILFUTURE 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 SAILFUTURE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAILFUTURE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SAILFUTURE INC?
The 990 for the year ended June 30, 2025 names MICHAEL LONG.
Who are the officers and directors of SAILFUTURE INC?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $127,404 (MICHAEL LONG, PRESIDENT).
How much revenue does SAILFUTURE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $4,534,599, expenses of $2,443,294 and total assets of $10,066,708 at year end.

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