Charity Search / SAIL NEWPORT INC
Recreation & Sports (N67Z) 990 on File

SAIL NEWPORT INC

EIN: 22-2560625 · NEWPORT, RI 02840-4388 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.8M
Total Revenue
$3.0M
Total Expenses
$8.4M
Net Assets
80
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 86.7%
Fundraising Efficiency 92.5%
Operating Reserve 33.61x
Liability-to-Asset 4.3%
Revenue Diversification 34.1%
Executive Compensation $132K
Compared with Peers
FY 2024
Compared with 1,615 similar organizations (United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
86.7% 87.4%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
5.3% 9.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.0% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
92.5% 37.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
33.6 mo 8.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
4.3% 11.0%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
34.1% 89.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-50.0% 9.3%
P10P90
Expense growth
Year over year expense growth
-40.6% 9.5%
P10P90
Surplus margin
Surplus as a share of revenue
-8.8% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.8M $3.0M $8.4M 86.7% 80
2023 $5.5M $5.1M $8.2M 91.5% 82
2022 $3.0M $2.6M $7.7M 86.5% 49
2021 $2.5M $2.3M N/A — 48
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Organization Details
EIN
22-2560625
State
RI
City
NEWPORT
ZIP
02840-4388
Classification
N67Z
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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