2023-08-29T09:12:57-05:00 2022-12-31 421186197 GARDINER COMPANY PC 10555 NEW YORK AVENUE SUITE 200 DES MOINES IA 50322 990 2022-01-01 421467238 OKOBOJI YACHT CLUB SAILING SCHOOL INC OKOB 7123370121 PO BOX 544 MILFORD IA 51351 BRAD FARRAR EXECUTIVE DIRECTOR 7123370121 2023-08-29 1 BRAD FARRAR XXX-XX-XXXX 0 DENNIS GARDINER CPA P02167685 5152701446 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BRAD FARRAR PO BOX 544 MILFORD IA 51351 690632 0 X WWW.OYCSS.ORG X 1975 IA OKOBOJI YACHT CLUB SALING SCHOOL, INC MISSION IS TO TEACH BOATING AND OTHER SAFE WATER PROCEDURES TO INDIVIDUALS IN THE GENERAL AREA OF LAKE OKOBOJI, IOWA. 28 28 14 0 0 0 1072607 268960 60855 71171 224060 83611 288569 230490 1646091 654232 0 0 0 0 135724 152051 0 0 0 336630 332338 472354 484389 1173737 169843 6573083 5767799 1061103 552603 5511980 5215196 X OKOBOJI YACHT CLUB SALING SCHOOL, INC MISSION IS TO TEACH BOATING AND OTHER SAFE WATER PROCEDURES TO INDIVIDUALS IN THE GENERAL AREA OF LAKE OKOBOJI, IOWA. 0 0 298123 266759 ALL OF THE CLASSES CONTINUE TO BE FORMATTED AROUND WEEKLONG CAMPS WHICH ALLOWS US TO KEEP OUR CLASS SCHEDULES SIMPLE AND FLEXIBLE. FOR OUR LEARN-TO-SAIL CLASSES WE OFFER A SERIES OF 8 ONE-WEEK CAMPS THAT ARE TAILORED TO NURTURE OUR YOUNG SAILORS AS THEY EXPERIENCE THE THRILL OF SAILING ON LAKE OKOBOJI.TINY PUFFS CLASS - THIS CLASS WILL INTRODUCE VERY YOUNG CHILDREN TO SAILING. SEVERAL SAILBOATS WILL BE RIGGED ON THE OYC LAWN FOR CHILDREN TO EXPLORE. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 24.LITTLE PUFFS CAMPS - DESIGNED FOR 6-8 YEAR OLDS AS AN INTRODUCTION TO WATER AND BOATING SAFTETY. FUN, SAFETY, AND CLOSE SUPERVISION ARE THE HALLMARKS OF OUR LITTLE PUFFS CAMPS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 124.BEGINNERS CAMPS - THESE CAMPS ARE FOR 8-12 YEAR OLDS AND WILL ALSO FOCUS ON WATER AND BOATING SAFETY. SINGLE-HANDED SAILING SKILLS WILL BE DEVELOPED. WHEN APPROPRIATE, STUDENTS IN THESE CAMPS WILL BE DIVIDED INTO TEACHING GROUPS BASED ON EXPERIENCE LEVEL. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 123.INTERMEDIATE OPTI FUNDAMENTALS - THIS CAMP IS DESIGNED FOR STUDENTS WHO HAVE PREVIOUSLY EXPERIENCED LITTLE PUFFS OR BEGINNERS CLASSES AND ARE READY TO SINGLE HAND AN OPTIMIST. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 53.PERFORMANCE SAILING - THIS CAMP WILL INTRODUCE OLDER, MORE EXPERIENCED CHILDREN TO WEST LAKE OKOBIJI AS THEY SAIL TO NEW DESTINATIONS ON THE LASER RADIAL OR THE BIC O'PEN DINGHIES. STUDENTS SELECT THEIR DESITNATIONS AFTER LEARNING HOW TO READ WEATHER FORECASTS, ONLINE MAPS, AND CHARTS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 27.ADVENTURE SAILING - THIS UNIQUE PROGRAM IS BASED IN EXPLORATION. IT IS A FUN COMBINATION OF SAILING AND SCIENCE AND HOW DISCOVERY IN BOTH FIELDS CAN WORK TOGETHER IN A STEM BASED PROGRAM. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 26. OTHER SAILING COURSES: PRIVATE LESSONS, ART WORKSHOPS, C3 CLINIC, OSC TEAM DEVELOPMENT, CREW U. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 74. 39006 34902 OUR RACING CURRICULUM IS SEGMENTED INTO THE CAMP FORMAT ALSO, WITH EACH SEGMENT FOCUSING ON A SPECIFIC ASPECT OF RACING. OPTIMIST RACING CAMPS - THIS CAMP IS DESIGNED FOR OUR MORE ADVANCED OPTI SAILORS THAT ARE READY TO MOVE INTO A COMPETITIVE SAILING PROGRAM WHILE THEY DEVELOP RECING SKILLS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 18.X-BOAT RACING CAMPS - THE X-BOAT RECING PROGRAM IS THE HALLMARK OF THE OKOBOJI SAILING CENTER. THIS PROGRAM IS DESIGNED AS A ASERIES TO PROMOTE SUMMER LONG TRAINING FOR OUR MOST ADAVNCED RACE FOCUSED SAILORS. TOTAL ENROLLMENT NUMBER FOR THE SEASON CAME TO 41. 337129 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 14 1 0 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X BRAD FARRAR 7123370121 PO BOX 544 MILFORD IA 51351 X BOARD OF DIRECTORS SEE SCHEDULE O 1.00 X 0 0 0 STEVE POWERS DIRECTOR/INSTRUCTOR 10.00 X 18000 0 0 BRADLEY D FARRAR EXECUTIVE DIRECTOR 40.00 X 48077 0 0 66077 0 0 0 0 0 0 0 268960 13000 268960 SAILING LESSONS 611600 36921 36921 REAL PROP.LEASED TO AF 611600 25000 25000 BOAT RENTAL TO AFFILIA 611600 9250 9250 71171 65299 65299 265745 35585 230160 230160 230160 18312 0 18312 18312 18312 1145 815 330 330 654232 301661 0 83611 76950 45436 31514 64296 49199 15097 10805 7239 3566 5964 5964 18814 18814 940 940 4388 3593 795 53873 13391 40482 824 689 135 3264 3264 30560 28650 1910 80544 80544 30440 24205 6235 DOCK AND HOIST EXPENSE 43175 43175 LANDSCAPE MAINTENANCE 16935 16935 LANDSCAPE MAINTENANCE 16934 16934 REPAIRS 8207 8207 17476 11663 5813 484389 337129 147260 0 216926 236476 469394 379443 3664 4733 6315 10279 4815070 1929729 2753903 2885341 609937 136182 2512944 2115345 6573083 5767799 80103 52603 981000 500000 1061103 552603 X 3654577 4204696 1857403 1010500 5511980 5215196 6573083 5767799 169843 -466627 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2512944 0 -298165 -84000 15435 2283344 2193934 250 334768 16008 2512944 1978605 250 223963 8884 2193934 1671042 316187 8624 1978605 1813487 -134047 8398 1671042 0.52230 0.47770 1 0 1598606 1598606 1412319 843391 568928 698330 604878 93452 1105815 481460 624355 2885341 MARKETABLE SECURITIES 2115345 F 2115345 X 223190 -466627 35585 -431042 654232 0 654232 519974 35585 35585 484389 0 484389 PART X, LINE 2: THE ORGANIZATION EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED UPON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE ORGANIZATION DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT IN THE FINANCIAL STATEMENTS. ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE ORGANIZATION ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE CURRENT PERIOD PROVISION FOR INCOME TAXES IN THE ASSOCIATION'S STATEMENT OF ACTIVITIES AND ARE INCLUDED AS A CURRENT LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE RELATED TO TAX EMEMPT PURPOSES 35,585. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE RELATED TO TAX EMEMPT PURPOSES 35,585. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 OKOBOJI YACHT CLUB SAILING SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY IS POSTED ON ITS WEBSITE FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS NOT PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. THE RETURN IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AT ITS ANNUAL MEETING. FORM 990, PART VI, SECTION C, LINE 19 OKOBOJI YACHT CLUB SAILING SCHOOL'S POLICIES, ORGANIZATIONAL DOCUMENTS, AND FINANICAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII SECTION A CAFFREY, JIM (B), A.O. ......................... AUG. 2023............................................CHAIRMAN RIERSON, DR. CHRISTOPHER J. (B), A.O. .. AUG. 2023 .............................. VICE - CHAIRMAN SACKETT BARRY (B), A.O. ........................ AUG. 2023 .......................................... SECRETARY JONES, SHERYL (B), A.O. ........................ AUG. 2022 .......................................... TREASURER BERGLUND, RICK (B), LRPC ................... AUG. 2023 ............................................ DIRECTOR BROWNLEE, CRAIG (B), LRPC .................. AUG. 2023 ............................................ DIRECTOR CARLSON, DR. STEVE (B), LRPC .............. AUG. 2023 ............................................ DIRECTOR CODDINGTON, DR. JIM K.(B), LRPC ....... AUG. 2023 ............................................ DIRECTOR EVERIST, THOMAS (B), LRPC .................. AUG. 2023 ............................................ DIRECTOR GERHOLD, STUART (B), LRPC ................... AUG. 2023 ............................................ DIRECTOR HALE, FAYE (C), ..................................... AUG. 2023 ............................................ DIRECTOR HOLMES, MAX (C), ................................ AUG. 2023 ............................................ DIRECTOR JENSEN III, IRVING (C), .......................... AUG. 2024 ............................................ DIRECTOR JENSEN III, LAWRENCE (A) ....................... AUG. 2023 ............................................ DIRECTOR JENSEN, COLIN (B), LRPC ...................... AUG. 2023 ............................................ DIRECTOR JENSEN, COLIN (B), LRPC ...................... AUG. 2023 ............................................ DIRECTOR JONES, BRAD (B), LRPC. ........................ AUG. 2023 ............................................ DIRECTOR KASS, SCOTT (B), LRPC .......................... AUG. 2023 ............................................ DIRECTOR KELLEY, ED (A). ..................................... AUG. 2023 ............................................ DIRECTOR KLEIS, KARLTON (C) ................................. AUG. 2023 ............................................ DIRECTOR NORTON, DALE III (B), LRPC .................. AUG. 2023 ............................................ DIRECTOR PALMER, DOUG (B), LRPC ...................... AUG. 2023 ............................................ DIRECTOR PALMER, MARTY (B), LRPC ..................... AUG. 2023 ............................................ DIRECTOR PETERSEN, PHIL (B), LRPC ...................... AUG. 2023 ............................................ DIRECTOR RIERSON, TOM (B), LRPC ...................... AUG. 2023 ............................................ DIRECTOR SHOMSHOR, SARAH (C) ............................ AUG. 2023 ............................................ DIRECTOR THORESON, JUDY (B), LRPC ................... AUG. 2023 ............................................ DIRECTOR THORESON, MIKE (B), LRPC .................. AUG. 2023 ............................................ DIRECTOR WILKENING, BRIGID (B), LRPC ............... AUG. 2023 ............................................ DIRECTOR FORM 990,PART XIII, LINE 2C OKOBOJI YACHT CLUB SAILING SCHOOL HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.