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Rhode Island · Nonprofit

SAILING YACHT RESEARCH FOUNDATION INC

SAILING YACHT RESEARCH FOUNDATION INC (Rhode Island) receives grants from 1 organization whose IRS filings report $3,913,291 to it, the largest being THE NEW YORK YACHT CLUB ($3,913,291). 1 of them have funded it in more than one year.

Revenue FY2022
$314k
Funders on record
1
Grants received
$3.9M
Net assets
$0
1/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Sailing Yacht Research Foundation Inc does

Mission

To better understand, improve and share with the public the state of the art of sailboat performance and analysis and how it relates to rating rules.

As stated on its FY2022 Form 990.

Programs

  1. The sailing software development project is developing a boat performance and race committee application (app) to enhance both the sailboat crews' racing experience and understanding through tracking and analytical data and to provide race committees with a superior tool to provide fairer and more enjoyable racing.

    $370,087 spent
    99% of program spending

  2. The "foil" project is a study being conducted by the itc (international technical committee) which is associated with the orc rating rule. The study focuses on four different foil shapes for modern race boats, to determine which would perform better. Syrf is supporting this project financially.

    $0 spent
    0% of program spending

  3. Syrf library is maintained online for use by naval architects and students. It is used by universities worldwide.

    $2,347 spent
    1% of program spending

  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $372,434.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($177k) Expenses 100 ($209k) Net assets 100 ($839k)2019 Revenue 10 ($19k) Expenses 122 ($256k) Net assets 66 ($554k)2020 Revenue 17 ($30k) Expenses 79 ($166k) Net assets 51 ($431k)2021 Revenue 41 ($72k) Expenses 187 ($392k) Net assets 8 ($70k)2022 Revenue 178 ($314k) Expenses 180 ($377k) Net assets 0 ($0)
20172019202020212022
Revenue (178)Expenses (180)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $431k to $70k (−84%).

$839k
$554k
$431k
$70k
$0
20172019202020212022
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.

2017
2019
2020
2021
2022
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 5 reported years ran a deficit.

−$32k
’17
−$237k
’19
−$136k
’20
−$319k
’21
−$63k
’22
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Larry Rosenfeld

Executive Director, Director

Board chair

Stan Honey

Chairman

As listed on its FY2022 Form 990.

20172019202020212022
Listed77789
Joined··+0+2+2
No longer listed··011
03Who funds it

Who funds it, year by year

2017 → 2022: the base held at 1 funder, grant income fell $1.0M → $500k.

Funder
'17
'18
'19
'20
'21
'22
total
funders
1
1
1
1
1
1

From the IRS filings of SAILING YACHT RESEARCH 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.

Where its funders are

SAILING YACHT RESEARCH FOUNDATION INC draws 100% of its grant income from funders outside Rhode Island, across 1 state in all.

NY

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

’17
’18
’19
’20
’21
’22
Rhode Island out of state home

Funder states come from each funder’s own filing. 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

Organizations like SAILING YACHT RESEARCH 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 Rhode Island

Sailors for the Sea Inc78%United States Sailing Foundation77%National Sailing Hall of Fame & Museum Inc76%Rhode Island Yacht Club76%Bermuda Race Foundation Inc75%Iyrs School of Technology & Trades Inc74%Sail Newport74%United States Sailing Association Inc72%

Nationally

Peninsula Youth Sailing Foundation79%Southport Junior Yacht Club Sailing Foundation78%Sailors for the Sea Inc78%Yacht Racing Association of San Francisco Bay78%Pacific Coast Sailing Foundation77%United States Sailing Foundation77%San Diego Yacht Club Sailing Foundation77%Sea Research Foundation Inc77%
05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

41%

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

Screen this organization

A dated, signed PDF of the compliance screen for SAILING YACHT RESEARCH 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 SAILING YACHT RESEARCH FOUNDATION INC?
SAILING YACHT RESEARCH FOUNDATION INC (Rhode Island) receives grants from 1 organization whose IRS filings report $3,913,291 to it, the largest being THE NEW YORK YACHT CLUB ($3,913,291). 1 of them have funded it in more than one year.
How many funders does SAILING YACHT RESEARCH FOUNDATION INC have?
IRS filings report 1 organization giving $3,913,291 in grants to SAILING YACHT RESEARCH FOUNDATION INC, 1 of which have funded it in more than one year.
Who is the largest funder of SAILING YACHT RESEARCH FOUNDATION INC?
THE NEW YORK YACHT CLUB is the largest funder on record, with $3,913,291 in grants. The full list of funders is on this page.
How can an organization like SAILING YACHT RESEARCH FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. 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 Sailing Yacht Research →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2017–2022), and the filings of 1 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