SAILFUTURE INC: Form 990EZ, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
SAILFUTURE INC (EIN 46-3271817)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-22
IRS object ID
201630539349200533
Schema version
2014v6.0
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)
Return2016-02-22T15:29:55-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN591954606PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CAVANAUGH & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12381 FRUITVILLE ROADAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34237ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463271817EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SAILFUTURE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSAILBusinessNameControlTxt
Phone9412199847PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12381 FRUITVILLE ROADAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34237ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL LONGPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone9413662983PhoneNum
Signature2016-02-21SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL R PENDERPreparerPersonNm
PTINP00850742PTIN
Phone9413662983PhoneNum
Preparation2016-02-21PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.SAILFUTURE.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$103,103GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$103,103ContributionsGiftsGrantsEtcAmt
Total Revenue$103,103TotalRevenueAmt
Printing Publications Postage$344PrintingPublicationsPostageAmt
Other Expenses Total$72,181OtherExpensesTotalAmt
Total Expenses$72,525TotalExpensesAmt
Excess Or Deficit For Year$30,578ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$33,300NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$63,878NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$20,463BOYAmt
EOY$54,118EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$12,837BOYAmt
EOY$131,931EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$33,300BOYAmt
EOY$186,049EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$122,171EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$33,300BOYAmt
EOY$63,878EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO 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 THEIR JOURNEY.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomUNDERPRIVILEDGED AND MINORITY TEENS ARE TAUGHT HOW TO SAIL WITH A MENTOR IN ORDER TO DEVELOP CORE VALUES THAT WILL ENCOURAGE AND FOSTER A MORE PRODUCTIVE LIFE.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$66,803ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$66,803TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
MICHAEL LONG
PRESIDENT25.00$0$0$0
MICHAEL R PENDER JR
SECRETARY-TREASURER1.00$0$0$0
ANDREW L GOULD
VICE PRESIDENT1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12381 FRUITVILLE ROADAddressLine1Txt
CitySARASOTACityNm
State AbbreviationFLStateAbbreviationCd
ZIP34237ZIPCd
FieldValueIRS element (for citing)
Phone9412199847PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$44,783CurrentTaxYearMinus1YearAmt
Current Tax Year$103,103CurrentTaxYearAmt
Total$147,886TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$44,783CurrentTaxYearMinus1YearAmt
Current Tax Year$103,103CurrentTaxYearAmt
Total$147,886TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$147,886PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$44,783CurrentTaxYearMinus1YearAmt
Current Tax Year$103,103CurrentTaxYearAmt
Total$147,886TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: FUEL . AMOUNT: 899. DESCRIPTION: FOOD . AMOUNT: 7,696. DESCRIPTION: DUES AND FEES . AMOUNT: 265. DESCRIPTION: ADVERTISING . AMOUNT: 1,637. DESCRIPTION: SUPPLIES . AMOUNT: 11,721. DESCRIPTION: TRAVEL . AMOUNT: 24,861. DESCRIPTION: CONTINUING EDUCATION AND TRAINING . AMOUNT: 2,290. DESCRIPTION: BACKGROUND SCREENING . AMOUNT: 506. DESCRIPTION: BANK SERVICE CHARGES . AMOUNT: 321. DESCRIPTION: COMPUTER AND INTERNET . AMOUNT: 828. DESCRIPTION: DOCKING FEES . AMOUNT: 480. DESCRIPTION: LICENSES AND PERMITS . AMOUNT: 935. DESCRIPTION: OFFICE EXPENSE . AMOUNT: 1,714. DESCRIPTION: PROGRAM EXPENSE . AMOUNT: 11,751. DESCRIPTION: SMALL EQUIPMENT . AMOUNT: 499. DESCRIPTION: SPEAKING TOUR . AMOUNT: 115. DESCRIPTION: TELEPHONE . AMOUNT: 1,139. DESCRIPTION: DEPRECIATION. AMOUNT: 4,524. TOTAL TO FORM 990-EZ, LINE 16: 72,181.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 12,837. END OF YEAR AMOUNT: 131,931.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: AMERICAN EXPRESS . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,171. DESCRIPTION: FIDELITY LOAN - ACTION LABS . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 120,000.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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