2019-06-03T13:06:20-05:00 2018-12-31 043000523 O'CONNOR & DREW PC 25 BRAINTREE HILL OFC PK SUITE 102 BRAINTREE MA 02184 990 2018-01-01 042987534 COURAGEOUS SAILING CENTER FOR YOUTH INC COUR 6172423821 ONE FIRST AVENUE CHARLESTOWN MA 02129 CHARLES BERKELEY TREASURER 6172423821 2019-05-23 1 KEVIN J CARNES P00302660 6174711120 2019-05-23 108.7.66.186 2019-05-23 14:33:36 ED P 1536E2CB304D28B7EC256FA4A5F33887899B8BE3 C763F64EFE63A30A84122B55299B2513F18B4F8D 2018 2019-02-21 02:37:17Z CHARLES BERKELEY ONE FIRST AVENUE CHARLESTOWN MA 02129 1480699 0 X COURAGEOUSSAILING.ORG X 1987 MA INSTRUCTIONAL SAILING PROGRAM. 17 17 138 100 0 0 777406 611027 695162 719429 -1866 2948 80013 84299 1550715 1417703 0 0 0 0 1073000 1126340 0 0 186271 413720 444485 1486720 1570825 63995 -153122 841557 732976 130739 175280 710818 557696 THE MISSION OF COURAGEOUS SAILING IS TO TRANSFORM CHILDREN'S LIVES THROUGH SAILING PROGRAMS THAT INSPIRE LEARNING, PERSONAL GROWTH, AND LEADERSHIP. 0 0 796232 391681 YOUTH SAILING; PROGRAMS ARE DESIGNED TO SUPPORT POSITIVE LIFE AND JOB SKILLS, AND PROVIDE OPPORTUNITIES NOT OTHERWISE AVAILABLE FOR UNDERSERVED, URBAN YOUTH. WITH BOSTON PUBLIC SCHOOLS AND OTHER PARTNERS, COURAGEOUS SAILING CENTER FOR YOUTH BLENDS SAILING, SWIMMING AND ACADEMICS DESIGNED TO SUPPORT OUT-OF-SCHOOL-TIME LEARNING. PROGRAMS INCLUDE ENVIRONMENTAL/MARINE SCIENCE CURRICULUM AND INSTRUCTOR TRAINING/PROFESSIONAL DEVELOPMENT. 489264 327748 PROVIDES ADULTS AND FAMILIES WITH AFFORDABLE, DAY SAILING, SAILING INSTRUCTION AND RACING ON BOSTON HARBOR. REVENUE FROM ADULT PROGRAMS SUPPORTS PROVIDES FINANCIAL SUPPORT FOR YOUTH PROGRAMS. 1285496 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 138 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CHARLES BERKELEY TREASURER 6172423821 ONE FIRST AVENUE CHARLESTOWN MA 02129 NED BICKS PRESIDENT 2.00 X X 0 0 0 ELISA SARTORI VICE PRESIDENT 2.00 X X 0 0 0 CHARLES BERKELEY TREASURER 2.00 X X 0 0 0 ALISON SIMONS CLERK 2.00 X X 0 0 0 SIMON COLLEY DIRECTOR 0.50 X 0 0 0 KEVIN CAIN DIRECTOR 0.50 X 0 0 0 MOLLY LADD DIRECTOR 0.50 X 0 0 0 DENISE DOYLE DIRECTOR 0.50 X 0 0 0 WILLIAM DUNNING DIRECTOR 0.50 X 0 0 0 MICHAEL SILVIA DIRECTOR 0.50 X 0 0 0 CHIP TERRY DIRECTOR 0.50 X 0 0 0 STEPHEN ULIAN DIRECTOR 0.50 X 0 0 0 MARK LINDSAY DIRECTOR 0.50 X 0 0 0 LADD THORNE SR DIRECTOR 0.50 X 0 0 0 JOSH HEAPES DIRECTOR 0.50 X 0 0 0 GREGG NOURJIAN DIRECTOR 0.50 X 0 0 0 CHRIS DUBOIS DIRECTOR 0.50 X 0 0 0 DAVID DILORENZO EXECUTIVE DIRECTOR 40.00 X 100385 0 15486 100385 0 15486 1 0 0 0 0 218218 392809 9125 611027 SAILING PROGRAMS 713990 719429 719429 719429 6295 6295 3347 -3347 -3347 -3347 143948 218218 59649 84299 84299 1417703 719429 0 87247 115870 93608 8309 13953 885953 734528 57165 94260 30502 20447 3609 6446 94015 79572 5095 9348 53689 42547 5578 5564 16532 1900 168 14464 11676 3051 94 8531 7578 4143 1736 1699 12862 7309 2860 2693 113 113 91210 77358 5702 8150 47924 40692 2949 4283 REPAIRS 79643 77773 656 1214 PROGRAMMING 62949 62949 BANK FEES 21205 15510 1412 4283 PAYROLL FEES 11301 8928 791 1582 27803 15181 2821 9801 1570825 1285496 99058 186271 47595 153568 84280 76 110271 90039 26371 8482 22718 25420 1171550 716159 496949 455391 53373 0 841557 732976 47701 46553 83038 128727 130739 175280 X 600547 452657 110271 105039 710818 557696 841557 732976 -153122 0 X X 0 1 X 1 0 X 592772 591163 485697 777406 611027 3058065 592772 591163 485697 777406 611027 3058065 3058065 6348 5762 6193 4308 6295 28906 3086971 410272 0.99060 0.99430 X 153651 42231 111420 1017899 673928 343971 455391 X 1549525 72173 59649 131822 1417703 0 1417703 1702647 72173 59649 131822 1570825 0 1570825 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES REQUIRE AN ENTITY TO ASSESS THE PROBABILITY THAT A TAX POSITION HAS A "MORE LIKELY THAN NOT" SUSTAINABILITY AFTER REVIEW BY TAX AUTHORITIES. IF A TAX POSITION IS DEEMED NOT TO MEET THIS THRESHOLD, ANY UNRECOGNIZED TAX BENEFITS AND COSTS ARE ESTIMATED AND RECOGNIZED. TAX RETURNS ARE ROUTINELY OPEN FOR REVIEW BY THE TAX AUTHORITIES FOR THREE YEARS FROM THEIR DUE DATE. IN CERTAIN CIRCUMSTANCES, THE STATUE OF LIMITATIONS MAY REMAIN OPEN INDEFINITELY. AS A NOT-FOR-PROFIT ENTITY EXEMPT FROM INCOME TAXES, THE ORGANIZATION MAY, HOWEVER, BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 59,649. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 59,649. MAKE A MARK 237578 149578 88000 6292 4332 3405 6697 PARTY ON THE PIER 31135 31135 4247 7639 1252 3710 3 93453 68640 24813 4208 4926 3783 9158 362166 218218 143948 14747 16897 8440 19565 59649 84299 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS AND AUDIT COMMITTEE RECEIVE A COPY OF FORM 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C PERSONS COVERED BY THE CONFLICT OF INTEREST POLICY WILL ANNUALLY DISCLOSE OR UPDATE THE PRESIDENT OF THE BOARD OF DIRECTORS ON A FORM PROVIDED BY COURAGEOUS SAILING CENTER FOR YOUTH,INC. THIS FORM CONSISTS OF SEVERAL QUESTIONS THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. THE FORM IS SIGNED BY THE COVERED INDIVIDUAL TO CONFIRM THAT THEIR RESPONSES ARE COMPLETE AND CORRECT TO THE BEST OF THEIR KNOWLEDGE. FORM 990, PART VI, SECTION B, LINE 15 THE GOVERNANCE COMMITTEE OF THE BOARD SHALL REVIEW AND APPROVE THE COMPENSATION POLICIES AND PROGRAMS OF PRINCIPAL ADMINISTRATORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD OF DIRECTORS HAVE ASSUMED RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.