Skip to content

Massachusetts · Nonprofit

CORINTHIAN SAILING FOUNDATION INC

CORINTHIAN SAILING FOUNDATION INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $7,178 to it, the largest being WHITEHALL FOUNDATION INC ($5,000). 4 of them have funded it in more than one year.

Revenue FY2022
$12k
Funders on record
4
Grants received
$7k
Net assets
$50k
4/4 repeat funderspeak grant-dependency 8%
01What it does

What Corinthian Sailing Foundation Inc does

Mission

The organization's primary exempt purpose is to foster, promote and encourage the participation of children and adults in yachting and amateur sports, through education, grants and activities.

As stated on its FY2022 Form 990-EZ.

Program

  1. Grants to qualified unrelated organizations promoting sailing

    $0 spentof which $20,800 as grants

The program described on its FY2021 Form 990-EZ. Program spending in total: $0.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($13k) Expenses 100 ($10k) Net assets 100 ($76k)2020 Revenue 97 ($13k) Expenses 96 ($9k) Net assets 105 ($79k)2021 Revenue 56 ($7k) Expenses 228 ($22k) Net assets 86 ($65k)2022 Revenue 91 ($12k) Expenses 283 ($27k) Net assets 66 ($50k)
2019202020212022
Revenue (91)Expenses (283)Net assets (66)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $65k to $50k (−23%).

$76k
$79k
$65k
$50k
2019202020212022
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

99% of CORINTHIAN SAILING FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (39% for the typical peer).

This organization
Typical peer · 15,075 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 4 reported years ran a deficit.

$4k
’19
$4k
’20
−$14k
’21
−$15k
’22
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $2k → $270.

Funder
'17
'18
'19
'20
'21
'22
'23
'25*
total
funders
1
1
1
3
2
3
2
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CORINTHIAN SAILING FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CORINTHIAN SAILING FOUNDATION INC leans on a few funders — its largest provides 70% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

70%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 46% · 2021 83% · 2022 64% · 2023 93% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CORINTHIAN SAILING FOUNDATION INC draws 71% of its grant income from funders outside Massachusetts, across 2 states in all.

MA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $178 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CORINTHIAN SAILING FOUNDATION INC receives grants from 4 organizations whose IRS filings report $7k to it.

Operating margin−124% · bottom quartile
Revenue growth (annualized)−3% · below the median

this organization peer median middle 50% of peers· 12,485 recreation & sports nonprofits under $100k, FY2022

Organizations like CORINTHIAN SAILING FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for CORINTHIAN SAILING FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CORINTHIAN SAILING FOUNDATION INC?
CORINTHIAN SAILING FOUNDATION INC (Massachusetts) receives grants from 4 organizations whose IRS filings report $7,178 to it, the largest being WHITEHALL FOUNDATION INC ($5,000). 4 of them have funded it in more than one year.
How many funders does CORINTHIAN SAILING FOUNDATION INC have?
IRS filings report 4 organizations giving $7,178 in grants to CORINTHIAN SAILING FOUNDATION INC, 4 of which have funded it in more than one year.
Who is the largest funder of CORINTHIAN SAILING FOUNDATION INC?
WHITEHALL FOUNDATION INC is the largest funder on record, with $5,000 in grants. The full list of funders is on this page.
How can an organization like CORINTHIAN SAILING FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Corinthian Sailing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2019–2022), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing