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Inter-Collegiate Sailing Association of North America Inc

EIN 23-7024735 · Centerville, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood86 out of 100GovernanceWeak47 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ASSOCIATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED, AND ITS ACTIVITIES AS HEREIN MORE FULLY DESCRIBED SHALL AT ALL TIMES BE CONDUCTED IN FURTHERANCE OF SUCH PURPOSES: 1. THE INSTRUCTION, TRAINING AND EDUCATION OF STUDENTS IN COLLEGES AND OTHER INSTITUTIONS OF HIGHER EDUCATION IN NORTH AMERICA IN SEAMANSHIP, SAFETY AND THE SKILLS AND TECHNIQUES OF SAILBOAT RACING IN INTERSECTIONAL, NATIONAL AND INTERNATIONAL INTERCOLLEGIATE COMPETITION. 2. THE SPONSORSHIP, CONDUCT, SUPERVISION, DEVELOPMENT AND PROVISION FOR SAILBOAT COMPETITION AMONG STUDENTS IN COLLEGES AND OTHER INSTITUTIONS OF HIGHER EDUCATION IN NORTH AMERICA FOR THE PURPOSES OF IMPROVING AND DEVELOPING THE SAILBOAT RACING TECHNIQUES OF SUCH COLLEGE STUDENTS. 3. THE SPONSORING AND CONDUCTING OF MEETINGS, DISCUSSIONS, SEMINARS AND LECTURES BY MEANS OF WHICH STUDENTS IN COLLEGES AND OTHER INSTITUTIONS OF HIGH

Income
$234,392
Spending
$242,651
Spent on programs
57%
Reserves
13.8 months of spending
Largest source of income
fees for its services, 95%
Employees
1
Volunteers
21
Highest pay
$79,885, executive director (non-voting)

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 86 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 13.8 months of spending.

  • Debt

    20 of 20

    It owes 12% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    15 of 15

    Income rose 21% on the year before.

  • Spending floor

    8 of 15

    57% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 47 out of 100.

  • Independent board

    25 of 25

    18 of 18 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $137,289 spent. ORGANIZATION AND ADMINISTRATION OF SIX DIFFERENT NATIONAL CHAMPIONSHIP REGATTAS IN SIX DIFFERENT DISCIPLINES

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1970.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.