Civic Intelligence

Harraseeket Yacht Club

990 • Fiscal year 2018 • EIN 01-0269721

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 08, 2019

PO Box 82South Freeport, ME 04078

(207) 865-4949

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Net Margin

86th percentile

24%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Asset Growth

71st percentile

6.7%

Faster asset growth than 71% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

85th percentile

18%

Faster revenue growth than 85% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$805,037

Up $50,474 (+6.7%) from 2017

Net Assets

Up

$805,037

Up $50,474 (+6.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$207,158

Up $31,374 (+18%) from 2017

Expenses

Up

$156,684

Up $25,550 (+19%) from 2017

Net Income

Up

$50,474

Up $5,824 (+13%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $679,151Liabilities 2010: $33,979Net Assets 2010: $645,1722010Assets 2011: $673,321Liabilities 2011: $27,675Net Assets 2011: $645,6462011Assets 2012: $686,004Liabilities 2012: $21,039Net Assets 2012: $664,9652012Assets 2013: $700,133Liabilities 2013: $13,970Net Assets 2013: $686,1632013Assets 2014: $691,472Liabilities 2014: $6,522Net Assets 2014: $684,9502014Assets 2015: $703,321Liabilities 2015: $156Net Assets 2015: $703,1652015Assets 2016: $710,106Liabilities 2016: $193Net Assets 2016: $709,9132016Assets 2017: $754,563Liabilities 2017: $0Net Assets 2017: $754,5632017Assets 2018: $805,037Liabilities 2018: $0Net Assets 2018: $805,0372018Assets 2019: $847,801Liabilities 2019: $0Net Assets 2019: $847,8012019Assets 2020: $878,574Liabilities 2020: $0Net Assets 2020: $878,5742020Assets 2021: $875,523Liabilities 2021: $0Net Assets 2021: $875,5232021Assets 2022: $904,767Liabilities 2022: $0Net Assets 2022: $904,7672022Assets 2023: $946,853Liabilities 2023: $0Net Assets 2023: $946,8532023Assets 2024: $974,695Liabilities 2024: $0Net Assets 2024: $974,6952024

Highlighted filing

2018

Assets$805,037
Liabilities$0
Net Assets$805,037

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $126,136Expenses 2010: $125,416Net Income 2010: $7202010Revenue 2011: $132,075Expenses 2011: $131,601Net Income 2011: $4742011Revenue 2012: $137,850Expenses 2012: $118,531Net Income 2012: $19,3192012Revenue 2013: $139,059Expenses 2013: $117,861Net Income 2013: $21,1982013Revenue 2014: $142,331Expenses 2014: $143,544Net Income 2014: -$1,2132014Revenue 2015: $157,019Expenses 2015: $138,804Net Income 2015: $18,2152015Revenue 2016: $147,991Expenses 2016: $141,243Net Income 2016: $6,7482016Revenue 2017: $175,784Expenses 2017: $131,134Net Income 2017: $44,6502017Revenue 2018: $207,158Expenses 2018: $156,684Net Income 2018: $50,4742018Revenue 2019: $216,059Expenses 2019: $173,295Net Income 2019: $42,7642019Revenue 2020: $179,594Expenses 2020: $148,821Net Income 2020: $30,7732020Revenue 2021: $195,768Expenses 2021: $188,469Net Income 2021: $7,2992021Revenue 2022: $227,766Expenses 2022: $198,506Net Income 2022: $29,2602022Revenue 2023: $197,821Expenses 2023: $155,709Net Income 2023: $42,1122023Revenue 2024: $237,927Expenses 2024: $210,085Net Income 2024: $27,8422024

Highlighted filing

2018

Revenue$207,158
Expenses$156,684
Net Income$50,474
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 8, 2019
Return Version
2018v3.1
Gross Receipts
$207,158
Mission and Program Overview

Mission

To encourage and promote the sport of boating & the science of seamanship and navigation particularly for instruction to the youth of this area and to do all things necessary or incidental through volunteerism to the accomplishment and fulfillment of said purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$699,900$709,640▲ $9,740
Savings and Temporary Cash Investments$42,539$82,055▲ $39,516
Cash and Non-Interest-Bearing Accounts$12,124$13,342▲ $1,218
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$754,563$805,037▲ $50,474
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$754,563$805,037▲ $50,474
Total Net Assets Fund Balance$754,563$805,037▲ $50,474
Total Liabilities and Net Assets / Fund Balance$754,563$805,037▲ $50,474

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$357,677-$357,677
Buildings$351,963-$351,963
Compensation and Service Providers

Board Members and Trustees

NameTitle
Al VoskianCommodore
Adam WhiteRear Commodore
Ryan ColletSecretary
Ben WillauerTreasurer
Carter BeckerVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$18,106
Program Service Revenue
$186,911
Investment Income
$44
Other Revenue
$2,097
All Other Contributions
$9,705
Change in Net Assets
$50,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$111,746
Salaries, Compensation, and Employee Benefits$44,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$41,310--$41,310
Occupancy$15,882$23,822-$39,704
Fees for Services Accounting$4,460$6,691-$11,151
All Other Expenses$9,535$1,063-$10,598
Other Expenses$4,977--$4,977
Payroll Taxes$3,628--$3,628
Insurance$663--$663
Total Functional Expenses$125,108$31,576$0$156,684
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Harraseeket Yacht Club
EIN
01-0269721
Phone
2078654949
Address
PO Box 82, South Freeport, ME 04078

Signing Officer

Name
Ben Willauer
Title
Treasurer
Signed
2019-07-08
Discuss with paid preparer
Yes

Organization Details

Formed
1948
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
8

Preparer

Firm
Honeck OToole CPAs
Address
511 Congress St Suite 900, Portland, ME 04101
Preparer
Janet N O'Toole CPA PFS
Phone
2077740882
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: SKIFF & DOCK: SKIFF TIE OUTS AND 15FT SLIPS MAINTAINED FOR MEMBERS: APPROX. 81 TIE OUTS & 12 LARGE SLIPS OTHER PROGRAM SERVICES 5: Yacht Club Membership: To encourage and promote the sport of boating & the science of seamanship and navigation particularly for instruction to the youth of this area and to do all things necessary or incidental through volunteerism to the accomplishment and fulfillment of said purposes.

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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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IRS990ScheduleD/BuildingsGrp/BookValueAmt0351963
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0351963
IRS990ScheduleD/EquipmentGrp/BookValueAmt0357677
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0357677
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0709640
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: SKIFF & DOCK: SKIFF TIE OUTS AND 15FT SLIPS MAINTAINED FOR MEMBERS: APPROX. 81 TIE OUTS & 12 LARGE SLIPS OTHER PROGRAM SERVICES 5: Yacht Club Membership: To encourage and promote the sport of boating & the science of seamanship and navigation particularly for instruction to the youth of this area and to do all things necessary or incidental through volunteerism to the accomplishment and fulfillment of said purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0754563
IRS990/TotalAssetsEOYAmt0805037
IRS990/TotalAssetsGrp/BOYAmt0754563
IRS990/TotalAssetsGrp/EOYAmt0805037
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt018106
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031576
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0125108
IRS990/TotalFunctionalExpensesGrp/TotalAmt0156684
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0754563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0805037
IRS990/TotalOtherProgSrvcExpenseAmt018207
IRS990/TotalOtherProgSrvcRevenueAmt03183
IRS990/TotalProgramServiceExpensesAmt0125108
IRS990/TotalProgramServiceRevenueAmt0186911
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0189052
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0207158
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0754563
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0805037
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0754563
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0805037
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 82
IRS990/USAddress/CityNm0South Freeport
IRS990/USAddress/StateAbbreviationCd0ME
IRS990/USAddress/ZIPCd004078
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HYC.CC
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ben Willauer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Harraseeket Yacht Club
ReturnHeader/Filer/BusinessNameControlTxt0HARR
ReturnHeader/Filer/EIN0010269721
ReturnHeader/Filer/PhoneNum02078654949
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 82
ReturnHeader/Filer/USAddress/CityNm0South Freeport
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004078
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010398174
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Honeck OToole CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0511 Congress St Suite 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004101
ReturnHeader/PreparerPersonGrp/PhoneNum02077740882
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Janet N O'Toole CPA PFS
ReturnHeader/ReturnTs02019-07-08T08:01:54-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.75$0.00$9.75$2.38$2.10$0.28
2023Detailed filing. Detailed filing data is available for this year.$9.47$0.00$9.47$1.98$1.56$0.42
2022Detailed filing. Detailed filing data is available for this year.$9.05$0.00$9.05$2.28$1.99$0.29
2021Detailed filing. Detailed filing data is available for this year.$8.76$0.00$8.76$1.96$1.88$0.07
2020Detailed filing. Detailed filing data is available for this year.$8.79$0.00$8.79$1.80$1.49$0.31
2019Detailed filing. Detailed filing data is available for this year.$8.48$0.00$8.48$2.16$1.73$0.43
2018Detailed filing. Detailed filing data is available for this year.$8.05$0.00$8.05$2.07$1.57$0.50
2017Detailed filing. Detailed filing data is available for this year.$7.55$0.00$7.55$1.76$1.31$0.45
2016Detailed filing. Detailed filing data is available for this year.$7.10$0.00$7.10$1.48$1.41$0.07
2015Detailed filing. Detailed filing data is available for this year.$7.03$0.00$7.03$1.57$1.39$0.18
2014Detailed filing. Detailed filing data is available for this year.$6.91$0.07$6.85$1.42$1.44$0.01
2013Detailed filing. Detailed filing data is available for this year.$7.00$0.14$6.86$1.39$1.18$0.21
2012Summary only. Only limited summary data is available for this year.$6.86$0.21$6.65$1.38$1.19$0.19
2011Summary only. Only limited summary data is available for this year.$6.73$0.28$6.46$1.32$1.32$0.00
2010Summary only. Only limited summary data is available for this year.$6.79$0.34$6.45$1.26$1.25$0.01