Mission
Held 17 fundraiser event in support of the sailing programs
Public Charity
12 METRE YACHT DEVELOPMENT FOUNDATION
12 METRE YACHT DEVELOPMENT FOUNDATION, of Southport, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $238K in revenue, $172K in expenses, $657K in total assets.
EIN: 066409216
Southport, CT
Arts, Culture & Humanities
NTEE: A
Latest filing: 2024
Total Revenue$238K
Total Expenses$172K
Total Assets$657K
Grant Records0
Filing Years2020–2024
Where $100 goes at 12 Metre Yacht Development Foundation
How 12 Metre Yacht Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$54
Programs
the work itself
$33
Management
running the organization
$13
Fundraising
raising the next dollar
Inside the $54 for programs
$54
Program services Revenue
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TRUSTEE
Bob Labanka
TRUSTEE
Herb Marshall
TRUSTEE
Jeff Nixon
EXECUTIVE DIRECTOR TRUSTEE
Patrick Sikorski
TRUSTEE
Scott Macleod
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $238K | $172K | $657K |
| 2023 | $837K | $186K | $651K |
| 2022 | $216K | $153K | $402K |
| 2021 | $60K | $76K | $469K |
| 2020 | $77K | $73K | $457K |
Between 2020 and 2024, reported annual revenue grew from $77K to $238K (+211%), with total assets most recently reported at $657K.
Interactive year-over-year charts and full filing details available with membership.