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Minnesota · Nonprofit

WAYZATA SAILING FOUNDATION

WAYZATA SAILING FOUNDATION (Minnesota) receives grants from 12 organizations whose IRS filings report $215,618 to it, the largest being LARSEN FUND ($60,000). 6 of them have funded it in more than one year.

Revenue FY2024
$712k
Funders on record
12
Grants received
$216k
Net assets
$4.1M
6/12 repeat funderspeak grant-dependency 7%
01What it does

What Wayzata Sailing Foundation does

Mission

The mission of the Wayzata Sailing Foundation is to increase the education of, understanding of, and appreciation of sailing both in competitive racing and recreational cruising. The foundation undertakes fundraising to: support public sailing clinics for students in the local community.promote community youth sailing by providing boats, accessories and instruction in affordable classes for students who otherwise would not have such an opportunity.support other non-profit and 501(c)3 organizations that introduce and further the enjoyment of sailing and sailboat racing for youth through education.underwrite training, education and competition for non-profit youth sailing teams.the Wayzata Sailing Foundation does not and will not discriminate in any manner with respect to race, creed, national or cultural origin, gender, or sexual preference.

As stated on its FY2024 Form 990.

Program

  1. Summer camps were held from june through august for children ages 5 to 16. The camps allow children to learn and fine tune their skills, as well as promote fun, safety, and responsibility on the water. In addition, the organization hosted a sailing series where teams competed at the various metro lakes throughout the summer.

    $464,598 spentof which $190,320 as grants$433,367 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $464,598.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($738k) Expenses 100 ($370k) Net assets 100 ($2.5M)2018 Revenue 179 ($1.3M) Expenses 110 ($406k) Net assets 136 ($3.4M)2019 Revenue 162 ($1.2M) Expenses 140 ($520k) Net assets 164 ($4.1M)2020 Revenue 57 ($421k) Expenses 131 ($484k) Net assets 161 ($4.0M)2021 Revenue 98 ($725k) Expenses 138 ($510k) Net assets 170 ($4.3M)2022 Revenue 82 ($608k) Expenses 186 ($690k) Net assets 166 ($4.2M)2023 Revenue 82 ($602k) Expenses 176 ($651k) Net assets 165 ($4.1M)2024 Revenue 97 ($712k) Expenses 204 ($757k) Net assets 163 ($4.1M)
'17'18'19'20'21'22'23'24
Revenue (97)Expenses (204)Net assets (163)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 2017 to 2018, from $2.5M to $3.6M (+42%).

$2.5M
$3.6M
$4.2M
$4.2M
$4.4M
$4.2M
$4.2M
$4.2M
'17'18'19'20'21'22'23'24
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
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

14% of WAYZATA SAILING FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 7,844 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$367k
’17
$916k
’18
$672k
’19
−$63k
’20
$215k
’21
−$83k
’22
−$50k
’23
−$44k
’24
3.2
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

Matthew Thompson

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1111141310121110
Joined·+0+3+0+1+2+5+0
No longer listed·0014061
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $6k → $19k.

4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% 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 WAYZATA SAILING FOUNDATION’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

WAYZATA SAILING FOUNDATION leans on a few funders — its largest provides 28% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WAYZATA SAILING FOUNDATION.

28%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 66% · 2020 31% · 2021 37% · 2022 45% · 2023 54% — 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.

How long its funders stay

57% of WAYZATA SAILING FOUNDATION's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

50% of WAYZATA SAILING FOUNDATION's grant income comes from Minnesota funders.

MN
NY
MO
NC
FL

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

’19
’20
’21
’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $73k arriving through sponsors registered in 4 states 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

WAYZATA SAILING FOUNDATION's funding base is broadening — from 1 funders to 6 as grant income climbed.

Operating margin−6% · below the median
Months of reserve3.2mo · below the median
Revenue growth (annualized)−1% · below the median

this organization peer median middle 50% of peers· 7,127 philanthropy nonprofits $100k–$1M, FY2024

Organizations like WAYZATA SAILING FOUNDATION

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 Minnesota

Nationally

05Profile & governance

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

Where the money goes

71% of spending goes to programs.

Program 71%Management 23%Fundraising 5%

Governance

10
board members
90%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

99%

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

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 1 related entity

  • Wayzata Yacht Club · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WAYZATA SAILING FOUNDATION: 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.

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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 WAYZATA SAILING FOUNDATION?
WAYZATA SAILING FOUNDATION (Minnesota) receives grants from 12 organizations whose IRS filings report $215,618 to it, the largest being LARSEN FUND ($60,000). 6 of them have funded it in more than one year.
How many funders does WAYZATA SAILING FOUNDATION have?
IRS filings report 12 organizations giving $215,618 in grants to WAYZATA SAILING FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of WAYZATA SAILING FOUNDATION?
LARSEN FUND is the largest funder on record, with $60,000 in grants. The full list of funders is on this page.
How can an organization like WAYZATA SAILING FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 Wayzata Sailing →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 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 22, 2026. What this page cannot tell you · view filing