N โ€” Recreation & SportsEIN: 222560625ยท Ruling Year: 1987

Sail Newport Inc

Newport, Rhode Island

AHealth Score
90A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

๐Ÿ’ฐ
$5.5M
Total Revenue
๐Ÿ“Š
$5.1M
Total Expenses
๐Ÿฆ
$8.2M
Net Assets
๐Ÿ“‹
$343K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+83.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+8.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.62
Net assets divided by total expenses
Liabilities-to-Assets
4.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,515,517โ†‘83%$5,050,828โ†‘95%$8,518,622โ†‘6%
2022$3,014,185โ†‘23%$2,595,974โ†‘11%$8,009,967โ†“1%
2021$2,453,105โ†‘24%$2,332,307โ†‘13%$8,050,460โ†‘4%
2020$1,982,370โ†“14%$2,059,526โ†“11%$7,764,975โ†“3%
2019$2,314,438โ†“59%$2,315,661โ†“55%$8,016,889โ†“3%
2018$5,597,414โ†‘19%$5,198,664โ†‘74%$8,282,651โ†“4%
2017$4,705,898โ†“12%$2,994,654โ†‘20%$8,628,248โ†‘61%
2016$5,371,755โ†‘70%$2,498,790โ†“20%$5,361,421โ†‘108%
2015$3,159,092โ†‘69%$3,138,671โ†‘85%$2,575,721โ†‘2%
2014$1,870,114โ†“20%$1,692,603โ†“16%$2,518,470โ†‘69%
2013$2,349,134โ†‘31%$2,018,194โ†‘39%$1,492,782โ†‘32%
2012$1,795,308โ†‘24%$1,447,106โ†‘19%$1,127,689โ†‘59%
2011$1,448,644$1,211,754$710,285

Frequently Asked Questions

What does Sail Newport Inc do?โ–ผ

Sail Newport Inc is a recreation & sports nonprofit organization based in Rhode Island. It is classified under NTEE code N67Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sail Newport Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Sail Newport Inc has a score of 90/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Sail Newport Inc generate?โ–ผ

Sail Newport Inc reports $2.8M in annual revenue and holds $8.8M in total assets, based on IRS filings.

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Sail Newport Inc โ€” Newport, RI | GiveScope