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    <ReturnTs>2022-08-16T09:46:25-05:00</ReturnTs>
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    <ReturnTypeCd>990EZ</ReturnTypeCd>
    <TaxPeriodBeginDt>2020-10-01</TaxPeriodBeginDt>
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      <BusinessName>
        <BusinessNameLine1Txt>American Y-Flyer Yacht Racing Assn Inc</BusinessNameLine1Txt>
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      <InCareOfNm>% Paul C White</InCareOfNm>
      <BusinessNameControlTxt>AMER</BusinessNameControlTxt>
      <PhoneNum>3178497588</PhoneNum>
      <USAddress>
        <AddressLine1Txt>7349 Scarborough Blvd E Dr</AddressLine1Txt>
        <CityNm>Indianapolis</CityNm>
        <StateAbbreviationCd>IN</StateAbbreviationCd>
        <ZIPCd>462562052</ZIPCd>
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      <PersonNm>PAUL C WHITE</PersonNm>
      <PersonTitleTxt>Secretary</PersonTitleTxt>
      <PhoneNum>3178497588</PhoneNum>
      <SignatureDt>2022-08-16</SignatureDt>
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        <PersonLastNm>WHITE</PersonLastNm>
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    <TaxYr>2020</TaxYr>
    <BuildTS>2022-09-23 18:48:47Z</BuildTS>
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      <WebsiteAddressTxt>yflyer.org</WebsiteAddressTxt>
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      <MembershipDuesAmt>5580</MembershipDuesAmt>
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      <SaleOfAssetsGrossAmt>1121</SaleOfAssetsGrossAmt>
      <GainOrLossFromSaleOfAssetsAmt>1121</GainOrLossFromSaleOfAssetsAmt>
      <GrossSalesOfInventoryAmt>1462</GrossSalesOfInventoryAmt>
      <GrossProfitLossSlsOfInvntryAmt>1462</GrossProfitLossSlsOfInvntryAmt>
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      <FeesAndOtherPymtToIndCntrctAmt>599</FeesAndOtherPymtToIndCntrctAmt>
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      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <PrimaryExemptPurposeTxt>Promote the building and racing of the YFlyer sailboat</PrimaryExemptPurposeTxt>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>Fiberglass boat mold repair insurance transportation of molds to new boat builder</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>6447</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>Organizational dues to US Sailing to promote sailing in geeral</DescriptionProgramSrvcAccomTxt>
        <ProgramServiceExpensesAmt>350</ProgramServiceExpensesAmt>
      </ProgramSrvcAccomplishmentGrp>
      <ProgramSrvcAccomplishmentGrp>
        <DescriptionProgramSrvcAccomTxt>Organization Regatta Dues Sponsored a National Regatta in Little Rock AR and other local regattas maintained a web site to promote the class maintained trophies and membership information</DescriptionProgramSrvcAccomTxt>
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      <TotalProgramServiceExpensesAmt>8024</TotalProgramServiceExpensesAmt>
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        <PersonNm referenceDocumentId="CompensationExplanati-126-76-1">PAUL C WHITE</PersonNm>
        <TitleTxt>Secretary</TitleTxt>
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        <CompensationAmt>0</CompensationAmt>
        <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>ROBERT D TURNER</PersonNm>
        <TitleTxt>President</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>2.000</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>0</CompensationAmt>
        <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <OfficerDirectorTrusteeEmplGrp>
        <PersonNm>DORITA K SMITH</PersonNm>
        <TitleTxt>Webmaster</TitleTxt>
        <AverageHrsPerWkDevotedToPosRt>4.000</AverageHrsPerWkDevotedToPosRt>
        <CompensationAmt>599</CompensationAmt>
        <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
        <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
      </OfficerDirectorTrusteeEmplGrp>
      <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
      <ChgMadeToOrgnzngDocNotRptInd>false</ChgMadeToOrgnzngDocNotRptInd>
      <OrganizationHadUBIInd>false</OrganizationHadUBIInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
      <Form1120PolFiledInd>false</Form1120PolFiledInd>
      <MadeLoansToFromOfficersInd>false</MadeLoansToFromOfficersInd>
      <TaxImposedUnderIRC4911Amt>0</TaxImposedUnderIRC4911Amt>
      <TaxImposedUnderIRC4912Amt>0</TaxImposedUnderIRC4912Amt>
      <TaxImposedUnderIRC4955Amt>0</TaxImposedUnderIRC4955Amt>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
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        <PersonNm>PAUL C WHITE</PersonNm>
        <USAddress>
          <AddressLine1Txt>7349 Scarborough Blvd E Dr</AddressLine1Txt>
          <CityNm>Indianapolis</CityNm>
          <StateAbbreviationCd>IN</StateAbbreviationCd>
          <ZIPCd>462562052</ZIPCd>
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        <PhoneNum>3178497588</PhoneNum>
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      <ForeignOfficeInd>false</ForeignOfficeInd>
      <DonorAdvisedFndsInd>false</DonorAdvisedFndsInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <TanningServicesProvidedInd>false</TanningServicesProvidedInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TransactionWithControlEntInd>false</TransactionWithControlEntInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SchoolOperatingInd>false</SchoolOperatingInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <RelatedOrgSect527OrgInd>false</RelatedOrgSect527OrgInd>
      <PartVIOfCompOfHghstPdEmplTxt>NONE</PartVIOfCompOfHghstPdEmplTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part I Line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>Total from Schedule O $8809.00</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>Bank Charges $51, US Sailing Dues $350, Office Equip $363,</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>Office Supplies $197, Postage and Shipping $330, Website</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>Promotion $71, Refund to Income $43,Regatta Fee $300, Taxes</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>$22, Trophy Maintenance $373, Executive Expense $262,</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>Boat Mold Insurance $468, Boat Mold Repair $5,000, Travel</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>to deliver molds from Portsmouth RI to new builder in</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 16:</FormAndLineReferenceDesc>
        <ExplanationTxt>Charleston SC $979. Total Line 16 = $8,809.</ExplanationTxt>
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        <PersonNm>PAUL C WHITE</PersonNm>
        <ShortExplanationTxt>No compensation provided</ShortExplanationTxt>
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