Overview

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Est.

1973

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The American Sail Training Association (EIN: 23-7324566) is a nonprofit organization dedicated to encouraging character building through sail training, promoting sail training to the North American public, and supporting education under sail. With an operating budget of $406.4K and total revenue of $479.8K for the 2024 filing year, the organization relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. While specific geographic operations are not detailed, the organization's mission emphasizes a commitment to water sports and education across North America.

Mission Statement

TO ENCOURAGE CHARACTER BUILDING THROUGH SAIL TRAINING, PROMOTE SAIL TRAINING TO THE NORTH AMERICAN PUBLIC, AND SUPPORT EDUCATION UNDER SAIL.
Revenues
$479.8K
Expenses
$414.4K
Net Income:
+$65.4K
Assets
$914.3K
Liabilities
$837.9K
Net Assets:
+$76.4K
Operating Budget
$406.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100K
Largest grant received
$100K
S
Stuart Gilfillen
Board Member
M
Michael Meighan
Board Member
W
William Sabatini
Board Member

Frequently Asked Questions

What is AMERICAN SAIL TRAINING ASSOCIATION’s budget?
In 2024, AMERICAN SAIL TRAINING ASSOCIATION reported an annual operating budget of around $406 thousand. More detailed financial information is available to registered users.
What causes does AMERICAN SAIL TRAINING ASSOCIATION support?
AMERICAN SAIL TRAINING ASSOCIATION supports work in Water sports.
Where does AMERICAN SAIL TRAINING ASSOCIATION operate?
AMERICAN SAIL TRAINING ASSOCIATION is headquartered in Newport, RI.
Who funded AMERICAN SAIL TRAINING ASSOCIATION recently?
In 2023, AMERICAN SAIL TRAINING ASSOCIATION received grants from VANGUARD CHARITABLE ENDOWMENT PROGRAM, The Bank of America Charitable Foundation Inc, and THE GREATER NEW ORLEANS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant AMERICAN SAIL TRAINING ASSOCIATION received in 2023?
The largest grant to AMERICAN SAIL TRAINING ASSOCIATION in 2023 exceeds $100 thousand.
What is AMERICAN SAIL TRAINING ASSOCIATION’s reliance on government grants?
AMERICAN SAIL TRAINING ASSOCIATION relied on government grants for more than 10% of their total revenue in 2024.