Nonprofit · EIN 92-1174155
SAIL AS YOU ARE
Tax-exempt · BOSTON, MA 02108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $231,878 | $291,679 | -$59,801 | $3,727,295 | $3,694,112 | $33,183 |
| December 31, 2023 | 990-EZ (amended) | $45,559 | $2,575 | $42,984 | $104,402 | $11,418 | $92,984 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $231,878
- of which government grants
- $73,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $180
- Depreciation
- $285,714
- Program services (functional)
- $285,714
- Management and general (functional)
- $767
- Fundraising (functional)
- $5,198
Balance sheet and other
- Total assets, start of year
- $104,402
- Total assets, end of year
- $3,727,295
- Total liabilities, end of year
- $3,694,112
- Net assets, end of year
- $33,183
- Land, buildings and equipment
- $3,714,286
- Gross receipts
- $231,878
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2023
- State of legal domicile
- MA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Desmond | President Officer | 20 | $0 |
| Christopher Rheault | Vice President Officer | 2 | $0 |
| Anthony Panebianco | Treasurer Officer | 1 | $0 |
| Tiffany Krihwan | Director Trustee or director | 1 | $0 |
| Dan Richter | Director Trustee or director | 1 | $0 |
| Mia Cliggott-Perlt | Director Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Desmond | President | 20 | $0 |
| Michela Murphy | Treasurer | 2 | $0 |
| Josh Rowan | Clerk | 2 | $0 |
| Christopher Rheault | Vice President | 2 | $0 |
| Anthony Panebianco | Director | 1 | $0 |
| Tiffany Krihwan | Director | 1 | $0 |
| Dan Richter | Director | 1 | $0 |
| Mia Cliggot-Perlt | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- ONE BOSTON PLACE 37TH FLOOR, BOSTON, MA 02108-4407
- In care of
- % MICHELA MURPHY
- Principal officer (990 for 2024)
- Erin Desmond, 367 Main St, Thomaston, ME 04861
- Signed the 990
- Erin Desmond, President
- Phone
- (818) 397-2718
- 990-N for 2022 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: ERIN DESMOND, 97 COMMERCIAL ST, PROVINCETOWN MA 02657. Mailing address: ONE BOSTON PLACE 37TH FL, BOSTON MA 02108.
- Return prepared by
- Chip Capelli
Mission
We promote maritime traditions through education, hands on experience, and maintenance of maritime artificats such as the Schnooner Hindu.
Program accomplishments
- PRESERVATION, REPAIRS AND MAINTENANCE TOWARD RESTORING THE HINDU SCHOONER. EXPENSES ARE DEPRECIABLE PORTION OF CAPITALIZED COSTS LISTED IN PART X LINE 10.Expenses $285,714
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 92-1174155
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $3,727,295
- Income (IRS master file)
- $231,878
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $231,878 | $291,679 | $3,727,295 | IRS |
| 990-EZ | December 2023 | $45,559 | $2,575 | $104,402 | XML |
| 990-N for 2022 Officer: ERIN DESMOND Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 92-1174155).
Questions about SAIL AS YOU ARE
- What is the EIN of SAIL AS YOU ARE?
- The employer identification number (EIN) of SAIL AS YOU ARE is 92-1174155.
- Is SAIL AS YOU ARE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to SAIL AS YOU ARE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAIL AS YOU ARE 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 SAIL AS YOU ARE 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 SAIL AS YOU ARE 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 SAIL AS YOU ARE?
- The 990 for the year ended December 31, 2024 names Erin Desmond.
- Who are the officers and directors of SAIL AS YOU ARE?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does SAIL AS YOU ARE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $231,878, expenses of $291,679 and total assets of $3,727,295 at year end.
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