Civic Intelligence

The Kennebunk River Club

990 • Fiscal year 2020 • EIN 01-0100593

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 28, 2021

PO Box 994Kennebunkport, ME 04046

(207) 985-7112

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

36th percentile

0.19x

Higher debt load relative to revenue than 36% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

26th percentile

-5.0%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

41st percentile

-0.3%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,661,428

Down $10,945 (-0.3%) from 2019

Net Assets

Down

$3,557,853

Down $44,950 (-1.2%) from 2019

Liabilities

Up

$103,575

Up $34,005 (+49%) from 2019

Revenue

Down

$558,655

Down $103,472 (-16%) from 2019

Expenses

Down

$586,319

Down $119,774 (-17%) from 2019

Net Income

Up

-$27,664

Up $16,302 (+37%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $4,664,758Liabilities 2011: $1,382,810Net Assets 2011: $3,281,9482011Assets 2012: $4,231,284Liabilities 2012: $920,010Net Assets 2012: $3,311,2742012Assets 2013: $4,198,098Liabilities 2013: $794,235Net Assets 2013: $3,403,8632013Assets 2014: $3,996,263Liabilities 2014: $493,906Net Assets 2014: $3,502,3572014Assets 2015: $3,813,889Liabilities 2015: $189,049Net Assets 2015: $3,624,8402015Assets 2016: $3,729,873Liabilities 2016: $32,470Net Assets 2016: $3,697,4032016Assets 2017: $3,782,016Liabilities 2017: $38,200Net Assets 2017: $3,743,8162017Assets 2018: $3,708,532Liabilities 2018: $61,763Net Assets 2018: $3,646,7692018Assets 2019: $3,672,373Liabilities 2019: $69,570Net Assets 2019: $3,602,8032019Assets 2020: $3,661,428Liabilities 2020: $103,575Net Assets 2020: $3,557,8532020Assets 2021: $3,705,232Liabilities 2021: $119,853Net Assets 2021: $3,585,3792021Assets 2022: $3,821,495Liabilities 2022: $79,143Net Assets 2022: $3,742,3522022Assets 2023: $3,744,609Liabilities 2023: $58,501Net Assets 2023: $3,686,1082023Assets 2024: $3,826,905Liabilities 2024: $51,561Net Assets 2024: $3,775,3442024

Highlighted filing

2020

Assets$3,661,428
Liabilities$103,575
Net Assets$3,557,853

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $547,013Expenses 2011: $596,579Net Income 2011: -$49,5662011Revenue 2012: $560,005Expenses 2012: $530,679Net Income 2012: $29,3262012Revenue 2013: $650,864Expenses 2013: $558,274Net Income 2013: $92,5902013Revenue 2014: $702,961Expenses 2014: $604,467Net Income 2014: $98,4942014Revenue 2015: $660,886Expenses 2015: $538,403Net Income 2015: $122,4832015Revenue 2016: $598,686Expenses 2016: $526,123Net Income 2016: $72,5632016Revenue 2017: $675,431Expenses 2017: $629,018Net Income 2017: $46,4132017Revenue 2018: $630,572Expenses 2018: $727,619Net Income 2018: -$97,0472018Revenue 2019: $662,127Expenses 2019: $706,093Net Income 2019: -$43,9662019Revenue 2020: $558,655Expenses 2020: $586,319Net Income 2020: -$27,6642020Revenue 2021: $641,679Expenses 2021: $614,153Net Income 2021: $27,5262021Revenue 2022: $959,766Expenses 2022: $790,467Net Income 2022: $169,2992022Revenue 2023: $808,025Expenses 2023: $866,891Net Income 2023: -$58,8662023Revenue 2024: $993,645Expenses 2024: $904,497Net Income 2024: $89,1482024

Highlighted filing

2020

Revenue$558,655
Expenses$586,319
Net Income-$27,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 28, 2021
Return Version
2020v4.0
Gross Receipts
$558,655
Mission and Program Overview

Mission

A private organization that provides boating accomodations, sporting activities, and social events

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,602,803$3,557,853▼ $44,950
Land, Buildings, and Equipment, Net$3,056,955$2,962,071▼ $94,884
Savings and Temporary Cash Investments$452,972$454,142▲ $1,170
Cash and Non-Interest-Bearing Accounts$106,411$231,902▲ $125,491
Accounts Receivable$21,487$7,389▼ $14,098
Prepaid Expenses and Deferred Charges$34,548$5,554▼ $28,994
Total Assets$3,672,373$3,661,428▼ $10,945
Other Assets Total-$370-
Liabilities
Deferred Revenue$60,125$74,175▲ $14,050
Accounts Payable and Accrued Expenses$2,164$15,901▲ $13,737
Other Liabilities$7,281$13,499▲ $6,218
Total Liabilities$69,570$103,575▲ $34,005
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,602,803$3,557,853▼ $44,950
Total Liabilities and Net Assets / Fund Balance$3,672,373$3,661,428▼ $10,945

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,547,250$1,949,541$4,496,791
Land$414,821-$414,821
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$457,824
Program Service Revenue
$100,011
Investment Income
$820
Other Revenue
$0
All Other Contributions
$2,350
Change in Net Assets
$-27,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,718
Salaries, Compensation, and Employee Benefits$212,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$195,795--$195,795
Depreciation Depletion$109,656--$109,656
Occupancy$103,209--$103,209
Insurance$37,104--$37,104
Fees for Services Other$20,500--$20,500
Payroll Taxes$16,806--$16,806
All Other Expenses$11,825$1,920-$13,745
Fees for Services Accounting$12,485--$12,485
Office Expenses$7,111--$7,111
Other Expenses$4,158--$4,158
Interest-$88-$88
Total Functional Expenses$584,311$2,008$0$586,319
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$8,950
Pro Shop Sales$2,333
Payroll Withholdings$1,285
Credit Card Payable$596
Due to Krc Foundation$335
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has members all with the same rights.

Form 990, Page 6, Part VI, Line 7A

Members elect governing board.

Form 990, Page 6, Part VI, Line 7B

Decisions of board subject to the approval of the members.

Form 990, Page 6, Part VI, Line 11B

Commodore and treasurer review the 990 form prior to filing the form.

Form 990, Page 6, Part VI, Line 19

Governing documents made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kennebunk River Club
EIN
01-0100593
Phone
2079857112
Address
PO BOX 994, KENNEBUNKPORT, ME 04046

Signing Officer

Name
Bill Weidner
Title
Commodore
Phone
2079857112
Signed
2021-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Weidner
Legal Domicile
Me
Voting Board Members
14
Independent Board Members
14
Employees
14
Volunteers
20

Preparer

Firm
ROGERS & HUTCHINS PC CPA'S
Address
62 PORTLAND ROAD SUITE 45, KENNEBUNK, ME 04043
Preparer
Kerry T Ryan CPA
Phone
2079851456
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22342
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31584
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4140
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0140
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVISION OF BOAT SLIPS AND OTHER BOATING SERVICES TO MEMBERS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVISION OF SOCIAL ACTIVITES FOR MEMBERS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0407103
IRS990/PYInvestmentIncomeAmt0915
IRS990/PYOtherExpensesAmt0469572
IRS990/PYOtherRevenueAmt01203
IRS990/PYProgramServiceRevenueAmt0252906
IRS990/PYRevenuesLessExpensesAmt0-43966
IRS990/PYSalariesCompEmpBnftPaidAmt0236521
IRS990/PYTotalExpensesAmt0706093
IRS990/PYTotalRevenueAmt0662127
IRS990/ReconcilationRevenueExpnssAmt0-27664
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03602803
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03557853
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0452972
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0454142
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02547250
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01949541
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04496791
IRS990ScheduleD/LandGrp/BookValueAmt0414821
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0414821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12333
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21285
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PRO SHOP SALES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL WITHHOLDINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4DUE TO KRC FOUNDATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02962071
IRS990ScheduleD/TotalLiabilityAmt013499
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS ALL WITH THE SAME RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF BOARD SUBJECT TO THE APPROVAL OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMODORE AND TREASURER REVIEW THE 990 FORM PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03672373
IRS990/TotalAssetsEOYAmt03661428
IRS990/TotalAssetsGrp/BOYAmt03672373
IRS990/TotalAssetsGrp/EOYAmt03661428
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0457824
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02008
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0584311
IRS990/TotalFunctionalExpensesGrp/TotalAmt0586319
IRS990/TotalGrossUBIAmt0960
IRS990/TotalLiabilitiesBOYAmt069570
IRS990/TotalLiabilitiesEOYAmt0103575
IRS990/TotalLiabilitiesGrp/BOYAmt069570
IRS990/TotalLiabilitiesGrp/EOYAmt0103575
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03602803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03557853
IRS990/TotalProgramServiceRevenueAmt0100011
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099871
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0558655
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0960
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03672373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03661428
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1890
IRS990/USAddress/CityNm0KENNEBUNKPORT
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004046
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0KENNEBUNKRIVERCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BILL WEIDNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMODORE
ReturnHeader/BusinessOfficerGrp/PhoneNum02079857112
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KENNEBUNK RIVER CLUB
ReturnHeader/Filer/BusinessNameControlTxt0KENN
ReturnHeader/Filer/EIN0010100593
ReturnHeader/Filer/PhoneNum02079857112
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 994
ReturnHeader/Filer/USAddress/CityNm0KENNEBUNKPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004046
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832892403
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROGERS & HUTCHINS PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt062 PORTLAND ROAD SUITE 45
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KENNEBUNK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004043
ReturnHeader/PreparerPersonGrp/PhoneNum02079851456
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KERRY T RYAN CPA
ReturnHeader/ReturnTs02021-09-21T09:32:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BILL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WEIDNER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.83$0.05$3.78$0.99$0.90$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.74$0.06$3.69$0.81$0.87$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.08$3.74$0.96$0.79$0.17
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.12$3.59$0.64$0.61$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.66$0.10$3.56$0.56$0.59$0.03
2019Summary only. Only limited summary data is available for this year.$3.67$0.07$3.60$0.66$0.71$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.06$3.65$0.63$0.73$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.78$0.04$3.74$0.68$0.63$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$0.03$3.70$0.60$0.53$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.81$0.19$3.62$0.66$0.54$0.12
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.00$0.49$3.50$0.70$0.60$0.10
2013Summary only. Only limited summary data is available for this year.$4.20$0.79$3.40$0.65$0.56$0.09
2012Summary only. Only limited summary data is available for this year.$4.23$0.92$3.31$0.56$0.53$0.03
2011Summary only. Only limited summary data is available for this year.$4.66$1.38$3.28$0.55$0.60$0.05