WAYZATA SAILING FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
WAYZATA SAILING FOUNDATION (EIN 41-1986402)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-09
IRS object ID
201843139349302464
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-09T12:59:28-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN411292716PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COPELAND BUHL & COMPANY PLLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1800 EAST WAYZATA BOULEVARD STE 300AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP553911766ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN411986402EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA SAILING FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWAYZBusinessNameControlTxt
Phone9524765875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 768AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMES BELTZPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9524765875PhoneNum
Signature2018-11-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID NIEMELAPreparerPersonNm
PTINP01911830PTIN
Phone9524767100PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address107.167.213.2IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-11-07IPDt
IP Tm11:55:49IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id444F77EA1EC08AEE4AA78E07B1F2BC1754B7F2CBAtSubmissionCreationDeviceId
At Submission Filing Device IdC0C416F2C6397CBD91A981D4FFE1F118369AF865AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA COMMUNITY SAILING CENTERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerROB HUNTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 768AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$749,347GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WAYZATASAILING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateMNLegalDomicileStateCd
Activity Or MissionTHE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS TO FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$92,001PYContributionsGrantsAmt
CY Contributions Grants$456,592CYContributionsGrantsAmt
PY Program Service Revenue$241,265PYProgramServiceRevenueAmt
CY Program Service Revenue$222,240CYProgramServiceRevenueAmt
PY Investment Income$5,310PYInvestmentIncomeAmt
CY Investment Income$6,853CYInvestmentIncomeAmt
PY Other Revenue$53,789PYOtherRevenueAmt
CY Other Revenue$52,182CYOtherRevenueAmt
PY Total Revenue$392,365PYTotalRevenueAmt
CY Total Revenue$737,867CYTotalRevenueAmt
PY Grants And Similar Paid$8,162PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$9,918CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$150,456PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$180,502CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$9,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,692CYTotalFundraisingExpenseAmt
PY Other Expenses$170,742PYOtherExpensesAmt
CY Other Expenses$179,970CYOtherExpensesAmt
PY Total Expenses$338,360PYTotalExpensesAmt
CY Total Expenses$370,390CYTotalExpensesAmt
PY Revenues Less Expenses$54,005PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$367,477CYRevenuesLessExpensesAmt
Total Assets BOY$2,514,798TotalAssetsBOYAmt
Total Assets EOY$2,523,756TotalAssetsEOYAmt
Total Liabilities BOY$382,451TotalLiabilitiesBOYAmt
Total Liabilities EOY$23,932TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,132,347NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,499,824NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE WAYZATA SAILING FOUNDATION IS TO INCREASE THE EDUCATION OF, UNDERSTANDING OF, AND APPRECIATION OF SAILING BOTH IN COMPETITIVE RACING AND RECREATIONAL CRUISING. THE FOUNDATION UNDERTAKES FUNDRAISING TO: SUPPORT PUBLIC SAILING CLINICS FOR STUDENTS IN THE LOCAL COMMUNITY.PROMOTE COMMUNITY YOUTH SAILING BY PROVIDING BOATS, ACCESSORIES AND INSTRUCTION IN AFFORDABLE CLASSES FOR STUDENTS WHO OTHERWISE WOULD NOT HAVE SUCH AN OPPORTUNITY.SUPPORT OTHER NON-PROFIT AND 501(C)3 ORGANIZATIONS THAT INTRODUCE AND FURTHER THE ENJOYMENT OF SAILING AND SAILBOAT RACING FOR YOUTH THROUGH EDUCATION.UNDERWRITE TRAINING, EDUCATION AND COMPETITION FOR NON-PROFIT YOUTH SAILING TEAMS.THE WAYZATA SAILING FOUNDATION DOES NOT AND WILL NOT DISCRIMINATE IN ANY MANNER WITH RESPECT TO RACE, CREED, NATIONAL OR CULTURAL ORIGIN, GENDER, OR SEXUAL PREFERENCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$271,363ExpenseAmt
Grant$9,918GrantAmt
Revenue$210,140RevenueAmt
DescSUMMER CAMPS WERE HELD FROM JUNE THROUGH AUGUST FOR CHILDREN AGES 5 TO 16. THE CAMPS ALLOW CHILDREN TO LEARN AND FINE TUNE THEIR SKILLS, AS WELL AS PROMOTE FUN, SAFETY, AND RESPONSIBILITY ON THE WATER. IN ADDITION, THE ORGANIZATION HOSTED A SAILING SERIES WHERE TEAMS COMPETED AT THE VARIOUS METRO LAKES THROUGHOUT THE SUMMER.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$27,914ExpenseAmt
Revenue$21,616RevenueAmt
DescTHE ORGANIZATION HOSTED VARIOUS ACTIVITIES THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$299,277TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G1IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee23EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MATTHEW THOMPSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9524765875PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1456 ARLINGTON CIRCLEAddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ROB HUNT
PRESIDENT3.00Yes (X)Yes (X)$0$0$0
ROBERT FOSTER
VICE PRESIDENT3.00Yes (X)Yes (X)$0$0$0
JAMES BELTZ
TREASURER3.00Yes (X)Yes (X)$0$0$0
ROBB HARRISS
SECRETARY3.00Yes (X)Yes (X)$0$0$0
ERNEST BRODY
DIRECTOR3.00Yes (X)$0$0$0
KRISTYN MULLIN
DIRECTOR3.00Yes (X)$0$0$0
BRIGID HANSEN
DIRECTOR3.00Yes (X)$0$0$0
GEORGE HANSEN
DIRECTOR3.00Yes (X)$0$0$0
JANA SIMMONS
DIRECTOR3.00Yes (X)$0$0$0
LAWRENCE AUBUCHON
DIRECTOR3.00Yes (X)$0$0$0
MATTHEW THOMPSON
EXECUTIVE DIRECTOR40.00Yes (X)$50,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$50,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$456,592AllOtherContributionsAmt
Total Contributions$456,592TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES713990$210,140$210,140
REGATTAS & CLINICS713990$12,100$12,100
FieldValueIRS element (for citing)
Total Program Service Revenue$222,240TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,893TotalRevenueColumnAmt
Exclusion$6,893ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$125SecuritiesAmt
Other$3,800OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$138SecuritiesAmt
Other$3,827OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$13SecuritiesAmt
Other-$27OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$40TotalRevenueColumnAmt
Exclusion-$40ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$39,223FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,223TotalRevenueColumnAmt
Exclusion$39,223ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$10,183GamingGrossIncomeAmt
Gaming Direct Expenses$6,790GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,393TotalRevenueColumnAmt
Exclusion$3,393ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$775GrossSalesOfInventoryAmt
Cost Of Goods Sold$725CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$50TotalRevenueColumnAmt
Exclusion$50ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescSLIPS AND MOORINGDesc
Business900099BusinessCd
Total Revenue Column$9,516TotalRevenueColumnAmt
Related Or Exempt Func Income$9,516RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,516OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$737,867TotalRevenueColumnAmt
Related Or Exempt Func Income$231,756RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$49,519ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$6,360TotalAmt
Program Services$6,360ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,558TotalAmt
Program Services$3,558ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$50,000TotalAmt
Program Services$39,500ProgramServicesAmt
Management And General$9,000ManagementAndGeneralAmt
Fundraising$1,500FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$117,287TotalAmt
Program Services$92,656ProgramServicesAmt
Management And General$21,112ManagementAndGeneralAmt
Fundraising$3,519FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,215TotalAmt
Program Services$10,440ProgramServicesAmt
Management And General$2,379ManagementAndGeneralAmt
Fundraising$396FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,000TotalAmt
Management And General$3,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$32,165TotalAmt
Program Services$25,410ProgramServicesAmt
Management And General$5,790ManagementAndGeneralAmt
Fundraising$965FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,896TotalAmt
Program Services$8,608ProgramServicesAmt
Management And General$1,961ManagementAndGeneralAmt
Fundraising$327FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,843TotalAmt
Program Services$1,843ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$14,095TotalAmt
Program Services$11,276ProgramServicesAmt
Management And General$2,819ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$46,738TotalAmt
Program Services$36,923ProgramServicesAmt
Management And General$8,413ManagementAndGeneralAmt
Fundraising$1,402FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,421TotalAmt
Program Services$15,342ProgramServicesAmt
Management And General$3,496ManagementAndGeneralAmt
Fundraising$583FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROPERTY TAX$22,255$17,804$4,451
BOAT EXPENSES$14,847$14,847
UTILITIES$6,196$6,196
TRAINING AND MATERIALS$3,866$3,866

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,648TotalAmt
Program Services$4,648ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$370,390TotalAmt
Program Services$299,277ProgramServicesAmt
Management And General$62,421ManagementAndGeneralAmt
Fundraising$8,692FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$127,754BOYAmt
EOY$183,823EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,763BOYAmt
EOY$413EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,670,385LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$477,248LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,218,552BOYAmt
EOY$2,193,137EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$122,132BOYAmt
EOY$146,383EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$16,597BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,514,798BOYAmt
EOY$2,523,756EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,643BOYAmt
EOY$4,933EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$10,657EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$356,572BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$17,236BOYAmt
EOY$8,092EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$250EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$382,451BOYAmt
EOY$23,932EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$2,132,347BOYAmt
EOY$2,499,824EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,132,347BOYAmt
EOY$2,499,824EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,514,798BOYAmt
EOY$2,523,756EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$367,477ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$248,922CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$143,881CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$218,025CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$92,001CurrentTaxYearMinus1YearAmt
Current Tax Year$456,592CurrentTaxYearAmt
Total$1,159,421TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$283,008CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$282,222CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$287,866CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$293,677CurrentTaxYearMinus1YearAmt
Current Tax Year$271,754CurrentTaxYearAmt
Total$1,418,527TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$10,760CurrentTaxYearMinus1YearAmt
Current Tax Year$10,183CurrentTaxYearAmt
Total$20,943TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$531,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$426,103CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$505,891CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$396,438CurrentTaxYearMinus1YearAmt
Current Tax Year$738,529CurrentTaxYearAmt
Total$2,598,891TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$100,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$100,000CurrentTaxYearMinus2YearsAmt
Current Tax Year$200,000CurrentTaxYearAmt
Total$400,000TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$100,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$100,000CurrentTaxYearMinus2YearsAmt
Current Tax Year$200,000CurrentTaxYearAmt
Total$400,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,198,891PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,229CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,419CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,708CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,310CurrentTaxYearMinus1YearAmt
Current Tax Year$6,853CurrentTaxYearAmt
Total$30,519TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,229CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,419CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,708CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,310CurrentTaxYearMinus1YearAmt
Current Tax Year$6,853CurrentTaxYearAmt
Total$30,519TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$538,159CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$432,522CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$511,599CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401,748CurrentTaxYearMinus1YearAmt
Current Tax Year$745,382CurrentTaxYearAmt
Total$2,629,410TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.83630PublicSupportCY509Pct
Public Support PY5090.82150PublicSupportPY509Pct
Investment Income CY0.01160InvestmentIncomeCYPct
Investment Income PY0.01070InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$122,132BeginningYearBalanceAmt
Contributions$20,000ContributionsAmt
Investment Earnings Or Losses$4,251InvestmentEarningsOrLossesAmt
End Year Balance$146,383EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,639BeginningYearBalanceAmt
Investment Earnings Or Losses$15,493InvestmentEarningsOrLossesAmt
End Year Balance$122,132EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$110,864BeginningYearBalanceAmt
Investment Earnings Or Losses$6,206InvestmentEarningsOrLossesAmt
Grants Or Scholarships$10,431GrantsOrScholarshipsAmt
End Year Balance$106,639EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$115,616BeginningYearBalanceAmt
Investment Earnings Or Losses$1,099InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,851GrantsOrScholarshipsAmt
End Year Balance$110,864EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,394BeginningYearBalanceAmt
Investment Earnings Or Losses$13,775InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,553GrantsOrScholarshipsAmt
End Year Balance$115,616EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$1,861,167InvestmentCostOrOtherBasisAmt
Book Value$1,861,167BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$258,528InvestmentCostOrOtherBasisAmt
Depreciation$66,449DepreciationAmt
Book Value$192,079BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$550,690InvestmentCostOrOtherBasisAmt
Depreciation$410,799DepreciationAmt
Book Value$139,891BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,193,137TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEPOSITDesc
Amt$250Amt
FieldValueIRS element (for citing)
Total Liability$250TotalLiabilityAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART V, LINE 4:FormAndLineReferenceDesc
ExplanationTO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1WINE ON WAYZATA BAYEvent1Nm
Gross Receipts Event1$34,592GrossReceiptsEvent1Amt
Gross Revenue Event1$34,592GrossRevenueEvent1Amt
Gross Receipts Total$34,592GrossReceiptsTotalAmt
Gross Revenue Total Events$34,592GrossRevenueTotalEventsAmt
Net Income Summary$34,592NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED AND SIGNED BY THE TREASURER.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH REGULAR INQUIRIES MADE BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19BYLAWS, CODE OF ETHICS, DIVERSITY STATEMENT, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST ONLY.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1WAYZATA YACHT CLUBBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 585AddressLine1Txt
CityWAYZATACityNm
State AbbreviationMNStateAbbreviationCd
ZIP55391ZIPCd
FieldValueIRS element (for citing)
EIN237120748EIN
Primary ActivitiesSAILING EDUCATIONPrimaryActivitiesTxt
Legal Domicile StateMNLegalDomicileStateCd
Exempt Code Section501(C)(7)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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