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Veteran Sailing Inc

EIN 81-3502346 · Key Largo, FL

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

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceFair54 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Veteran Sailing Inc. was formed to provide basic and advanced sailing courses to veterans at no charge to the veteran. The organization trains one veteran at a time and the training is provided by a veteran Navy Seal that has a USCG (United States Coast Guard) 100 ton captain's license as well as a PADI (Professional Association of Diving Instructors) master instructor license. The instructor operates with his ASA (American Sailing Association) sailing instructors credentials through an ASA school (#782). 363 Veterana have been certified to date. 205 Google 5.0 reviews.

Income
$258,703
Spending
$87,500
Spent on programs
100%
Reserves
109.2 months of spending
Largest source of income
donations and private grants, 92%
Employees
0
Volunteers
0

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 77% of charities in its peer group (public safety and disaster relief, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 109.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 66% of income.

  • Income trend

    15 of 15

    Income rose 41% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 54 out of 100. Higher than 33% of charities in its peer group (public safety and disaster relief, $250k to $1m).

  • Independent board

    5 of 25

    0 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a 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 December 31, 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 (8)
  1. $75,000 spent. ASA 101/103 - Complete Four Day Sailing Course - (30) trainee @$2,500 a course - $75,000.00
  2. $1,500 spent. ASA 103 Coastal Two Day Cruising Course - (1) Trainees @ $1,500 a course - $1,500.00
  3. $1,500 spent. ASA 104 Two Day Course - (1) Trainee @ $1,500 a course - $1,500.00
  4. $2,000 spent. ASA 101 - Two Day Course - (2) trainees @ $1.000 a course - $2,000.00
  5. $7,000 spent. ASA 104 - Bahamas Trip PADI O.W. Course - (2) trainees@$3,500 a course - $7,000.00
  6. $500 spent. Day Sailing Introduction Course - (1) trainee @ $500 a course - $500.00
  7. Veteran Sailing has certified 363 veterans free of charge and 205 (5.0) Google reviews. to provide basic and advanced sailing courses to veterans at no charge to the veteran. The organization trains one veteran at a time and the training is provided by a veteran Navy Seal that has a USCG (United States Coast Guard) 100 ton captain's license as well as a PADI (Professional Association of Diving Instructors) master instructor license. The instructor operates with his ASA (American Sailing Association) sailing instructors credentials through an ASA school (#782).
  8. Form 990, Part III (Cont. 4) - Other Program Services ASA 101 -103 Combined Complete Sailing Four Day Course- (30) Trainee @ $2,500 a course - $75,000.00 ASA 103 Coastal Cruising Course - (1) Trainee @ $1,500 a course - $1,500.00 Day Sailing Charter Course- (1) trainee @ Average $500 a course - $500.00 ASA 104 Bahamas PADI O.W.Trip Course - (2) trainees @$3,500 a course - $7,000.00 ASA 101 2 day course (2) trainees @ $1,000.00 a course - $2,000.00 - ASA 104 Two Day Course (1) Trainee @$1,500

Source: Form 990 for the year ending December 31, 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 November 6, 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 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 November 2016.

    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 November 4, 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.