WAYZATA SAILING FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: WAYZATA SAILING FOUNDATION (EIN 41-1986402)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-08-15
IRS object ID: 201402279349303150
Schema version: 2013v3.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-08-15T12:20:31-05:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410887288	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BOULAY PLLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	7500 FLYING CLOUD DRIVE 800	AddressLine1
City	MINNEAPOLIS	City
State	MN	State
ZIP Code	55344	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	411986402	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WAYZATA SAILING FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	WAYZ	BusinessNameControlTxt
Phone	9524765875	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 768	AddressLine1
City	WAYZATA	City
State	MN	State
ZIP Code	55391	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROSS SIEMERS	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9524765875	PhoneNum
Signature	2014-08-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LANCE R MADSON	PreparerPersonNm
PTIN	P00131735	PTIN
Phone	9528939320	PhoneNum
Preparation	2014-08-06	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	WAYZATA COMMUNITY SAILING CENTER	BusinessNameLine1

Field	Value	IRS element (for citing)
Principal Officer	HOWARD NOREEN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 768	AddressLine1
City	WAYZATA	City
State	MN	State
ZIP Code	55391	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$547,599	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.WAYZATASAILING.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2000	FormationYr
Legal Domicile State	MN	LegalDomicileStateCd
Activity Or Mission	THE WAYZATA SAILING FOUNDATION'S PURPOSE IS TO PROMOTE SAILING FOR EVERYONE BY PROVIDING ACCESS, FACILITIES, AND SAILING INSTRUCTIONS TO PEOPLE OF ALL BACKGROUNDS AND SKILL LEVELS.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	22	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$536,344	PYContributionsGrantsAmt
CY Contributions Grants	$248,922	CYContributionsGrantsAmt
PY Program Service Revenue	$250,469	PYProgramServiceRevenueAmt
CY Program Service Revenue	$241,444	CYProgramServiceRevenueAmt
PY Investment Income	$5,794	PYInvestmentIncomeAmt
CY Investment Income	$12,665	CYInvestmentIncomeAmt
PY Other Revenue	$11,121	PYOtherRevenueAmt
CY Other Revenue	$37,959	CYOtherRevenueAmt
PY Total Revenue	$803,728	PYTotalRevenueAmt
CY Total Revenue	$540,990	CYTotalRevenueAmt
PY Grants And Similar Paid	$13,917	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$6,850	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$190,214	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$205,534	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$81,418	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$26,000	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$36,945	CYTotalFundraisingExpenseAmt
PY Other Expenses	$194,808	PYOtherExpensesAmt
CY Other Expenses	$226,481	CYOtherExpensesAmt
PY Total Expenses	$480,357	PYTotalExpensesAmt
CY Total Expenses	$464,865	CYTotalExpensesAmt
PY Revenues Less Expenses	$323,371	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$76,125	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,593,043	TotalAssetsBOYAmt
Total Assets EOY	$2,527,602	TotalAssetsEOYAmt
Total Liabilities BOY	$738,845	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$597,279	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,854,198	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,930,323	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE 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 Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$304,594	ExpenseAmt
Grant	$6,850	GrantAmt
Revenue	$214,498	RevenueAmt
Desc	SUMMER 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 THOUGHOUT THE SUMMER.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$38,264	ExpenseAmt
Revenue	$36,536	RevenueAmt
Desc	THE ORGANZIATION HOSTED VARIOUS ACTIVITIES THROUGHOUT THE YEAR RELATED TO SAILING ACTIVITIES INCLUDING SAILING CLINICS AND REGATTAS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$342,858	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	Yes (1)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (1)	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	1	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	22	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	0	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BETH FOSTER	PersonNm
Phone	6127412313	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3405 NORTHOME ROAD	AddressLine1
City	WAYZATA	City
State	MN	State
ZIP Code	55391	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
JOHN OLSON
DIRECTOR	3.00	Yes (X)	$0	$0	$0
JAMES BELTZ
TREASURER	3.00	Yes (X)	$0	$0	$0	Yes (X)
ROBB HARRISS
SECRETARY	3.00	Yes (X)	$0	$0	$0	Yes (X)
PATRICK MALONEY
DIRECTOR	3.00	Yes (X)	$0	$0	$0
TONY STRASZEWSKI
DIRECTOR	3.00	Yes (X)	$0	$0	$0
HOWARD NOREEN
PRESIDENT	3.00	Yes (X)	$0	$0	$0	Yes (X)
ERNEST BRODY
DIRECTOR	3.00	Yes (X)	$0	$0	$0
HOLLAND CAPPER
EXECUTIVE DIRECTOR	40.00	Yes (X)	$76,500	$0	$0
ED TOWEY
DIRECTOR	3.00	Yes (X)	$0	$0	$0
LEE VIRNIG
VICE PRESIDENT	3.00	Yes (X)	$0	$0	$0	Yes (X)
PATRICIA HICKS
DIRECTOR	3.00	Yes (X)	$0	$0	$0
JIM BARTEL
DIRECTOR	3.00	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$76,500	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$197,744	FundraisingAmt
All Other Contributions	$51,178	AllOtherContributionsAmt
Total Contributions	$248,922	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES	713990	$214,498	$214,498
REGATTAS & CLINICS	713990	$26,946	$26,946

Field	Value	IRS element (for citing)
Total Program Service Revenue	$241,444	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,229	TotalRevenueColumnAmt
Exclusion	$6,229	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$2,192	SecuritiesAmt
Other	$6,452	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$2,208	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$16	SecuritiesAmt
Other	$6,452	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,436	TotalRevenueColumnAmt
Exclusion	$6,436	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$31,974	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$197,744	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$3,209	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$28,765	TotalRevenueColumnAmt
Exclusion	$28,765	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$796	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$1,192	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$396	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$396	RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	SLIPS & MOORING	Desc
Business	900099	BusinessCd
Total Revenue Column	$9,590	TotalRevenueColumnAmt
Related Or Exempt Func Income	$9,590	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$9,590	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$540,990	TotalRevenueColumnAmt
Related Or Exempt Func Income	$250,638	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$41,430	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$6,850	TotalAmt
Program Services	$6,850	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$190,665	TotalAmt
Program Services	$150,015	ProgramServicesAmt
Management And General	$34,316	ManagementAndGeneralAmt
Fundraising	$6,334	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$14,869	TotalAmt
Program Services	$11,699	ProgramServicesAmt
Management And General	$2,676	ManagementAndGeneralAmt
Fundraising	$494	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$6,800	TotalAmt
Management And General	$6,800	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$26,000	TotalAmt
Fundraising	$26,000	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$12,665	TotalAmt
Program Services	$10,035	ProgramServicesAmt
Management And General	$1,912	ManagementAndGeneralAmt
Fundraising	$718	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$11,797	TotalAmt
Program Services	$2,152	ProgramServicesAmt
Management And General	$9,511	ManagementAndGeneralAmt
Fundraising	$134	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$10,568	TotalAmt
Program Services	$10,568	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$45,637	TotalAmt
Program Services	$35,908	ProgramServicesAmt
Management And General	$9,729	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$40,906	TotalAmt
Program Services	$32,185	ProgramServicesAmt
Management And General	$7,362	ManagementAndGeneralAmt
Fundraising	$1,359	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$20,407	TotalAmt
Program Services	$16,300	ProgramServicesAmt
Management And General	$3,467	ManagementAndGeneralAmt
Fundraising	$640	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
PROPERTY TAX	$22,651	$14,524	$6,861	$1,266
MAINTENANCE	$18,237	$18,237
REGATTAS & CLINICS	$15,762	$15,762
BOAT EXPENSE	$8,969	$8,969

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,082	TotalAmt
Program Services	$9,654	ProgramServicesAmt
Management And General	$2,428	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$464,865	TotalAmt
Program Services	$342,858	ProgramServicesAmt
Management And General	$85,062	ManagementAndGeneralAmt
Fundraising	$36,945	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$144,499	BOYAmt
EOY	$116,153	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$172,440	BOYAmt
EOY	$69,540	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$510	BOYAmt
EOY	$410	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,565,982	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$341,215	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$2,160,460	BOYAmt
EOY	$2,224,767	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$115,134	BOYAmt
EOY	$116,732	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,593,043	BOYAmt
EOY	$2,527,602	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$7,436	BOYAmt
EOY	$9,823	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$683,294	BOYAmt
EOY	$546,489	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$48,115	BOYAmt
EOY	$40,967	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$738,845	BOYAmt
EOY	$597,279	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$1,854,198	BOYAmt
EOY	$1,930,323	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,854,198	BOYAmt
EOY	$1,930,323	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,593,043	BOYAmt
EOY	$2,527,602	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$76,125	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$80,838	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$83,747	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$88,444	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$536,344	CurrentTaxYearMinus1YearAmt
Current Tax Year	$248,922	CurrentTaxYearAmt
Total	$1,038,295	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$186,271	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$214,091	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$239,312	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$256,120	CurrentTaxYearMinus1YearAmt
Current Tax Year	$283,008	CurrentTaxYearAmt
Total	$1,178,802	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$267,109	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$297,838	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$327,756	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$792,464	CurrentTaxYearMinus1YearAmt
Current Tax Year	$531,930	CurrentTaxYearAmt
Total	$2,217,097	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$250,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$100,000	CurrentTaxYearAmt
Total	$350,000	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$250,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$100,000	CurrentTaxYearAmt
Total	$350,000	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$1,867,097	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$5,167	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,931	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,083	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,229	CurrentTaxYearAmt
Total	$21,410	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	$5,167	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,931	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$5,083	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,229	CurrentTaxYearAmt
Total	$21,410	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$267,109	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$303,005	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$332,687	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$797,547	CurrentTaxYearMinus1YearAmt
Current Tax Year	$538,159	CurrentTaxYearAmt
Total	$2,238,507	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.83410	PublicSupportCY509Pct
Public Support PY509	0.92540	PublicSupportPY509Pct
Investment Income CY	0.00960	InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$106,394	BeginningYearBalanceAmt
Investment Earnings Or Losses	$13,775	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,553	GrantsOrScholarshipsAmt
End Year Balance	$115,616	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$111,929	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$146	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,388	GrantsOrScholarshipsAmt
End Year Balance	$106,394	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$107,571	BeginningYearBalanceAmt
Investment Earnings Or Losses	$9,923	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,565	GrantsOrScholarshipsAmt
End Year Balance	$111,929	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	1.00000	PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

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

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$261,707	InvestmentCostOrOtherBasisAmt
Depreciation	$42,400	DepreciationAmt
Book Value	$219,307	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$443,108	InvestmentCostOrOtherBasisAmt
Depreciation	$298,815	DepreciationAmt
Book Value	$144,293	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$2,224,767	TotalBookValueLandBuildingsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART V, LINE 4:	FormAndLineReferenceDesc
Explanation	TO HELP DEFRAY COSTS RELATED TO COLLEGE RACES AND PROVIDE SAILING SCHOLARSHIPS TO INDIVIDUALS.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (1)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FUNDRAISING & DEVELOPMENT INC	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	19980 COTTAGEWOOD ROAD	AddressLine1
City	DEEPHAVEN	City
State	MN	State
ZIP Code	55331	ZIPCode

Field	Value	IRS element (for citing)
Activity	CAPITAL CAMPAIGN	ActivityTxt
Fundraiser Control Of Funds	0	FundraiserControlOfFundsInd
Gross Receipts	$141,510	GrossReceiptsAmt
Retained By Contractor	$26,000	RetainedByContractorAmt
Net To Organization	$115,510	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$141,510	TotalGrossReceiptsAmt
Total Retained By Contractors	$26,000	TotalRetainedByContractorsAmt
Total Net To Organization	$115,510	TotalNetToOrganizationAmt
Licensed States	MN	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Name Of Event1	CAPITAL CAMPAIGN	NameOfEvent1Amt
Gross Receipts Event1	$141,505	GrossReceiptsEvent1Amt
Charitable Contri Event1	$141,505	CharitableContriEvent1Amt
Other Direct Expenses Event1	$123	OtherDirectExpensesEvent1Amt
Name Of Event2	ANNUAL APPEAL	NameOfEvent2Amt
Gross Receipts Event2	$42,438	GrossReceiptsEvent2Amt
Charitable Contri Event2	$42,438	CharitableContriEvent2Amt
Other Direct Expenses Event2	$1,323	OtherDirectExpensesEvent2Amt
Other Events Total	2	OtherEventsTotalCnt
Gross Receipts Other Events	$45,775	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$13,801	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$31,974	GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events	$1,763	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$229,718	GrossReceiptsTotalAmt
Charitable Contributions Tot	$197,744	CharitableContributionsTotAmt
Gross Revenue Total Events	$31,974	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$3,209	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$3,209	DirectExpenseSummaryEventsAmt
Net Income Summary	$28,765	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIP	GrantTypeTxt
Recipient	15	RecipientCnt
Cash Grant	$6,850	CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, ITEM C	DBA: WAYZATA COMMUNITY SAILING CENTER DBA: WAYZATA SAILING SCHOOL
FORM 990, PART VI, SECTION A, LINE 6	THE ORGANIZATION'S MEMBERSHIP CONSISTS OF ALL DUES PAYING MEMBERS IN GOOD STANDING.
FORM 990, PART VI, SECTION A, LINE 7A	THE MEMBERS OF WAYZATA SAILING FOUNDATION ELECTS ALL MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11	FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER.
FORM 990, PART VI, SECTION B, LINE 12C	THE 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 15	COMPENSATION OF KEY EMPLOYEES IS MADE BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19	BYLAWS, 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

Field	Value	IRS element (for citing)
Business Name Line1	WAYZATA YACHT CLUB	BusinessNameLine1

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 585	AddressLine1
City	WAYZATA	City
State	MN	State
ZIP Code	55391	ZIPCode

Field	Value	IRS element (for citing)
EIN	237120748	EIN
Primary Activities	SAILING EDUCATION	PrimaryActivitiesTxt
Legal Domicile State	MN	LegalDomicileStateCd
Exempt Code Section	501(C)(7)	ExemptCodeSectionTxt
Public Charity Status	III-O	PublicCharityStatusTxt
Direct Controlling NA	N/A	DirectControllingNACd
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (1)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (1)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (1)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd