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Davis Island Youth Sailing Foundation Inc

EIN 59-3004295 · Tampa, FL

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

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceFair59 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO PROVIDE YOUTH WITH THE OPPORTUNITY TO SAIL, THROUGH CAMPS HELD DURING THE SUMMER AND SPRING SCHOOL BREAKS. TO FURTHER PROVIDE YOUTH WITH THE OPPORTUNITY TO SAIL YEAR-ROUND THROUGH PARTICIPATION IN REGATTAS AND THROUGH YEAR LONG COACHING PROGRAMS.

Income
$391,672
Spending
$312,282
Spent on programs
65%
Reserves
0.4 months of spending
Largest source of income
fees for its services, 64%
Employees
19
Volunteers
35

Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 10% of charities in its peer group (recreation and sports, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.4 months of spending.

  • Debt

    16 of 20

    It owes 29% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 20% of income.

  • Income trend

    5 of 15

    Income fell 15% on the year before.

  • Spending floor

    8 of 15

    65% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending April 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 59 out of 100. Higher than 46% of charities in its peer group (recreation and sports, $250k to $1m).

  • Independent board

    25 of 25

    11 of 11 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

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

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

Source: Form 990 for the year ending April 30, 2025, 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. $201,646 spent. THE COMPANY PROMOTES THE SPORT OF SAILING AMONG YOUTH IN THE TAMPA BAY AREA IN A SAFE LEARNING ENVIRONMENT BY PROVIDING SAILING LESSONS, SPONSORING SUMMER SAILING CAMPS, AND SPONSORING AMATEUR REGATTAS. THESE PROGRAMS ENCOURAGE YOUTH TO EXHIBIT INDEPENDENCE, SELF-RELIANCE, AND GOOD CHARACTER. OUR PROGRAMS PROVIDE AN OUTDOOR, ON THE WATER LEARNING EXPERIENCE WITH OTHER YOUNG PEOPLE, THAT MAKES EACH PERSON THE "CAPTAIN OF HIS/HER OWN SHIP AND IS ONE OF THE MOST ENJOYABLE WAYS TO ACCOMPLISH THIS GOAL. THERE WERE OVER 225 LOCAL YOUTH THAT PARTICIPATED DURING THE YEAR ENDED APRIL 30, 2025.

Source: Form 990 for the year ending April 30, 2025, 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 April 2025.

    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 September 1990.

    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.