71
Sail Newport Inc
Recreation & Sports · Newport, Rhode Island
72 Fort Adams Dr, Newport, RI 02840-4388
EIN: 222560625· Founded: May 1987· 39 years active· Filing Year: 2023
Annual Revenue
$5.5M
Total Expenses
$5.1M
Total Assets
$8.5M
Program Spending
59%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$171K
3.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$1.5M
Total Payroll
$1.6M
32% of total expenses
Where the Money Goes
59%
Programs: 59%
Payroll: 32%
Other overhead: 42%
Program Revenue$3.0M (54%)
Total Expenses$5.1M (92%)
Payroll$1.6M (32%)
Overhead (non-program)42%
Trust Score Breakdown
Program Spending Ratio
59% of expenses go to programs
Revenue & Stability
$5.5M annual revenue
Executive Compensation
$171K total officer comp (3.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$8.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.