Clagett Sailing
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR COMPETITIVE SAILING OPPORTUNITIES FOR SAILORS WITH PHYSICAL DISABILITIES AND HELP THEM ACHIEVE THEIR INDIVIDUAL GOALS IN SAILING THROUGH WORLD-CLASS COACHING AND COMPETITION.
- Income
- $298,478
- Spending
- $305,675
- Spent on programs
- 74%
- Reserves
- 24.9 months of spending
- Largest source of income
- donations and private grants, 70%
- Employees
- 2
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: 88 out of 100. Higher than 72% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 24.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
10 of 15Income fell 0% on the year before.
Spending floor
15 of 1574% of spending went to programs and raising each dollar of donations cost 14 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
Fair: 64 out of 100. Higher than 60% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2520 of 20 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $225,932 spent. CLAGETT SAILINGS CELEBRATED ITS 22ND ANNIVERSARY THIS YEAR. IN 2024, CLAGETT SAILING PRESENTED ITS FLEET RACING CLINIC AND REGATTA IN NEWPORT,RI AND FLEET RACING REGATTA IN OXFORD, MARYLAND. OUR PROGRAMS HAVE GROWN TO INCLUDE THE CLAGETT BOAT GRANT PROGRAM TO MAKE BOATS AVAILABLE TO OUR SAILORS AND TEAM CLAGETT TO ASSIST OUR SAILORS IN ATTENDING OTHER EVENTS, BOTH FOR SAILORS LIVING WITH DISABILITIES AND OPEN REGATTAS. IN 2024, WE WERE ABLE TO ASSIST A MEMBER OF TEAM CLAGETT TO ATTEND THE 2024, 2.4MR WORLD CHAMPIONSHIP HELD IN KEIL, GERMANY AND WE WILL BE HELPING TO SEND SOME OF TEAM CLAGETT TO THE 2.4MR INCLUSIVE WORLD CHAMPIONSHIP 2025 HELD IN LAKE GARDA AT FRAGLIA VELA MALCESINE IN FRAZIONE NAVENE, ITALY. THE LARGEST FLEET RACING IN 2024 WAS THE 2.4MR CLASS WITH 21 BOATS AND THEY HAD 9 RACES. IN THE DOUBLE HANDED MARTIN 16 CLASS THERE WERE 5 ENTRIES WITH 8 RACES. WE HAD 3 OUTSTANDING COACHES TO TEACH OUR 31 SAILORS. CLAGETT SAILINGS CELEBRATED ITS 22ND ANNIVERSARY THIS YEAR. IN 2024, CLAGETT SAILING PRESENTED ITS FLEET RACING CLINIC AND REGATTA IN NEWPORT,RI AND FLEET RACING REGATTA IN OXFORD, MARYLAND. OUR PROGRAMS HAVE GROWN TO INCLUDE THE CLAGETT BOAT GRANT PROGRAM TO MAKE BOATS AVAILABLE TO OUR SAILORS AND TEAM CLAGETT TO ASSIST OUR SAILORS IN ATTENDING OTHER EVENTS, BOTH FOR SAILORS LIVING WITH DISABILITIES AND OPEN REGATTAS. IN 2024, WE WERE ABLE TO ASSIST A MEMBER OF TEAM CLAGETT TO ATTEND THE 2024, 2.4MR WORLD CHAMPIONSHIP HELD IN KEIL, GERMANY AND WE WILL BE HELPING TO SEND SOME OF TEAM CLAGETT TO THE 2.4MR INCLUSIVE WORLD CHAMPIONSHIP 2025 HELD IN LAKE GARDA AT FRAGLIA VELA MALCESINE IN FRAZIONE NAVENE, ITALY. THE LARGEST FLEET RACING IN 2024 WAS THE 2.4MR CLASS WITH 21 BOATS AND THEY HAD 9 RACES. IN THE DOUBLE HANDED MARTIN 16 CLASS THERE WERE 5 ENTRIES WITH 8 RACES. WE HAD 3 OUTSTANDING COACHES TO TEACH OUR 31 SAILORS.
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
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 September 7, 2026.
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 September 30, 2026.
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 September 10, 2026.
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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
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 7, 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.