Peninsula Youth Sailing Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT AMATEUR YOUTH SAILING BY PROVIDING INSTRUCTION AND FACILITIES TO ACCOMODATE SAILORS OF ALL SKILL LEVELS AND SOCIOECONOMIC BACKGROUNDS.
- Income
- $916,831
- Spending
- $983,687
- Spent on programs
- 98%
- Reserves
- -0.7 months of spending
- Largest source of income
- fees for its services, 65%
- Employees
- 29
- Volunteers
- 150
- Highest pay
- $132,987, executive di
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
Weak: 39 out of 100. Higher than 6% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 53% of what it owns.
Living within its means
4 of 15Spending exceeded income by 7% of income.
Income trend
15 of 15Income rose 21% on the year before.
Spending floor
15 of 1598% 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
Strong: 91 out of 100. Higher than 91% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
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 (3)
- $197,588 spent. PENINSULA YOUTH SAILING FOUNDATION PROVIDES INSTRUCTION ON MARITIME SAFETY, SAILING AND SAILBOAT RACING THROUGH COACHING AFTER SCHOOL AND ON WEEKENDS FOR YOUTH AGES 8-18 YEARS OLD. STUDENTS LEARN TO SAIL VARIOUS SAILBOATS AND LEARN BASIC SAILING INSTRUCTIONS AND SAFETY, AND PROGRESS TO COMPETE AS PART OF A TEAM IN HIGH SCHOOL REGATTAS THROUGHOUT CALIFORNIA. ADDITIONALLY, JUNIOR RACING PROVIDES AN OPPORTUNITY FOR SAILORS TO LEARN HOW TO SAIL IN OPTIMIST, 420 AND LASER SAILBOATS AND TO COMPETE IN REGATTAS THROUGHOUT THE US IN THE SPRING SEASON. WE HAD OVER 110 YOUTH SAIL IN THE SPRING SEASON IN 2024.
- $427,640 spent. DURING THE SUMMER, PENINSULA YOUTH SAILING FOUNDATION HOLDS 1-2 WEEK LONG SUMMER CAMPS FOR YOUTH (8 TO 18 YEARS OLD). CLASSES RANGE FROM BASIC SAILING INSTRUCTION AND SAFETY TO MORE ADVANCED RACING TACTICS. WE HAD APPROXIMATELY 300 YOUTH PARTICIPATE IN SUMMER CAMPS IN 2024.
- $336,299 spent. PENINSULA YOUTH SAILING FOUNDATION PROVIDES INSTRUCTION ON MARITIME SAFETY, SAILING AND SAILBOAT RACING THROUGH COACHING AFTER SCHOOL AND ON WEEKENDS FOR YOUTH AGES 8-18 YEARS OLD. STUDENTS LEARN TO SAIL VARIOUS SAILBOATS AND LEARN BASIC SAILING INSTRUCTIONS AND SAFETY, AND PROGRESS TO COMPETE AS PART OF A TEAM IN HIGH SCHOOL REGATTAS THROUGHOUT CALIFORNIA. ADDITIONALLY, JUNIOR RACING PROVIDES AN OPPORTUNITY FOR SAILORS TO LEARN HOW TO SAIL IN OPTIMIST, 420 AND LASER SAILBOATS AND TO COMPETE IN REGATTAS THROUGHOUT THE US IN THE FALL SEASON. WE HAD OVER 130 YOUTH SAIL IN THE FALL SEASON IN 2024.
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 November 2002.
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.