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Nonprofit · EIN 83-2899232

SARASOTA MARINE SAFETY FOUNDATION INC

Tax-exempt · BRADENTON, FL 34208

Financials

$67K$153K2024$101K$199K2025
Revenue Expenses · by fiscal year end
Financials of SARASOTA MARINE SAFETY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$100,673$199,322-$98,649$2,955,408$201,409$2,753,999
December 31, 2024990$67,473$152,982-$85,509$2,937,775$241,127$2,696,648
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$30,000
Program service revenue
$0
Investment income
$70,673
Net gain from sales of assets
$34,529
Other revenue
$0

Expenses

Grants and similar amounts paid
$22,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$800
Depreciation
$50,266
Program services (functional)
$199,322

Balance sheet and other

Total assets, start of year
$2,937,775
Total assets, end of year
$2,955,408
Total liabilities, end of year
$201,409
Net assets, end of year
$2,753,999
Land, buildings and equipment
$1,544,386
Publicly traded securities
$1,370,428
Net assets without donor restrictions
$2,753,999
Gross receipts
$216,180
Employees
0
Year formed
2018
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES K TOOMEYPRESIDENT
Trustee or director, Officer
–$0
RANDALL MORITZSECRETARY
Trustee or director, Officer
–$0
MURRAY PRICETREASURER
Trustee or director, Officer
–$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
JAMES K TOOMEYPRESIDENT
Trustee or director, Officer
0$0
RANDALL MORITZSECRETARY
Trustee or director, Officer
0$0
MURRAY PRICETREASURER
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
800 MORGAN JOHNSON ROAD, BRADENTON, FL 34208-6202
In care of
% JAMES TOOMEY
Principal officer (990 for 2025)
JAMES K TOOMEY, 800 MORGAN JOHNSON, BRADENTON, FL 34208
Signed the 990
JAMES K TOOMEY, PRESIDENT
Phone
(941) 920-4646
Return prepared by
LA MANNA & GOODMAN CPAS PA

Mission

SUPPORT FEDERAL, STATE AND LOCAL AGENCIES IN SARASOTA COUNTY TO PROMOTE BOATER SAFETY AND EDUCATION PROGRAMS.

990 for the year ended December 31, 2025

Program accomplishments

  • GRANT TO SUPPORT FEDERAL, STATE AND LOCAL AGENCIES IN SARASOTA COUNTY TO PROMOTE BOATER SAFETY AND EDUCATION PROGRAMS.
    Expenses $127,056
  • SUPPORT FEDERAL, STATE AND LOCAL AGENCIES IN SARASOTA COUNTY TO PROMOTE BOATER SAFETY AND EDUCATION PROGRAMS.
    Expenses $72,266 · grants $22,000

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, 2024Check at the IRS

IRS record

EIN
83-2899232
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,955,408
Income (IRS master file)
$216,180

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$100,673$199,322$2,955,408XML
990December 2024$67,473$152,982$2,937,775XML

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 83-2899232).

Questions about SARASOTA MARINE SAFETY FOUNDATION INC

What is the EIN of SARASOTA MARINE SAFETY FOUNDATION INC?
The employer identification number (EIN) of SARASOTA MARINE SAFETY FOUNDATION INC is 83-2899232.
Is SARASOTA MARINE SAFETY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to SARASOTA MARINE SAFETY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SARASOTA MARINE SAFETY FOUNDATION 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 SARASOTA MARINE SAFETY FOUNDATION INC 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 SARASOTA MARINE SAFETY FOUNDATION INC 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 SARASOTA MARINE SAFETY FOUNDATION INC?
The 990 for the year ended December 31, 2025 names JAMES K TOOMEY.
Who are the officers and directors of SARASOTA MARINE SAFETY FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does SARASOTA MARINE SAFETY FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $100,673, expenses of $199,322 and total assets of $2,955,408 at year end.

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