Civic Intelligence

Vineyard Haven Yacht Club

EIN 04-1935747 • 501(c)7 • Vineyard Haven, MA

Profile

The mission of the organization is to provide sailing instruction and tournaments along with tennis and swimming to children and adults.

PO Box 507Vineyard Haven, MA 02568

vhyc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

37th percentile

0.08x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

97th percentile

$172,700

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Asset Growth

51st percentile

2.4%

Faster asset growth than 51% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$3,185,738

Up $75,886 (+2.4%) from 2024

Liabilities

Down

$123,594

Down $89,519 (-42%) from 2024

Net Assets

Up

$3,062,144

Up $165,405 (+5.7%) from 2024

Revenue

Up

$1,502,586

Up $193,424 (+15%) from 2024

Expenses

Up

$1,335,883

Up $122,425 (+10%) from 2024

Net Income

Up

$166,703

Up $70,999 (+74%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,269,510Liabilities 2010: $965,008Net Assets 2010: $1,304,5022010Assets 2011: $2,283,169Liabilities 2011: $831,823Net Assets 2011: $1,451,3462011Assets 2012: $2,704,017Liabilities 2012: $1,265,610Net Assets 2012: $1,438,4072012Assets 2013: $2,523,460Liabilities 2013: $1,097,922Net Assets 2013: $1,425,5382013Assets 2014: $2,464,296Liabilities 2014: $1,008,335Net Assets 2014: $1,455,9612014Assets 2015: $2,356,762Liabilities 2015: $890,810Net Assets 2015: $1,465,9522015Assets 2016: $2,326,410Liabilities 2016: $857,293Net Assets 2016: $1,469,1172016Assets 2017: $2,289,571Liabilities 2017: $753,097Net Assets 2017: $1,536,4742017Assets 2018: $2,287,365Liabilities 2018: $669,710Net Assets 2018: $1,617,6552018Assets 2019: $2,459,717Liabilities 2019: $604,893Net Assets 2019: $1,854,8242019Assets 2020: $2,540,752Liabilities 2020: $511,943Net Assets 2020: $2,028,8092020Assets 2021: $2,775,196Liabilities 2021: $432,851Net Assets 2021: $2,342,3452021Assets 2022: $2,940,041Liabilities 2022: $309,448Net Assets 2022: $2,630,5932022Assets 2023: $3,046,318Liabilities 2023: $242,054Net Assets 2023: $2,804,2642023Assets 2024: $3,109,852Liabilities 2024: $213,113Net Assets 2024: $2,896,7392024Assets 2025: $3,185,738Liabilities 2025: $123,594Net Assets 2025: $3,062,1442025

Highlighted filing

2025

Assets$3,185,738
Liabilities$123,594
Net Assets$3,062,144

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $960,4412010Expenses 2011: $976,5552011Expenses 2012: $1,059,9392012Revenue 2013: $1,079,583Expenses 2013: $1,092,452Net Income 2013: -$12,8692013Revenue 2014: $1,178,743Expenses 2014: $1,148,320Net Income 2014: $30,4232014Revenue 2015: $1,145,687Expenses 2015: $1,135,696Net Income 2015: $9,9912015Revenue 2016: $1,219,357Expenses 2016: $1,216,192Net Income 2016: $3,1652016Revenue 2017: $1,155,373Expenses 2017: $1,088,016Net Income 2017: $67,3572017Revenue 2018: $1,218,393Expenses 2018: $1,135,890Net Income 2018: $82,5032018Revenue 2019: $1,339,681Expenses 2019: $1,104,129Net Income 2019: $235,5522019Revenue 2020: $1,129,305Expenses 2020: $955,320Net Income 2020: $173,9852020Revenue 2021: $1,387,965Expenses 2021: $1,074,428Net Income 2021: $313,5372021Revenue 2022: $1,411,273Expenses 2022: $1,123,025Net Income 2022: $288,2482022Revenue 2023: $1,351,564Expenses 2023: $1,177,894Net Income 2023: $173,6702023Revenue 2024: $1,309,162Expenses 2024: $1,213,458Net Income 2024: $95,7042024Revenue 2025: $1,502,586Expenses 2025: $1,335,883Net Income 2025: $166,7032025

Highlighted filing

2025

Revenue$1,502,586
Expenses$1,335,883
Net Income$166,703

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.19$0.12$3.06$1.50$1.34$0.17
2024Detailed filing. Detailed filing data is available for this year.$3.11$0.21$2.90$1.31$1.21$0.10
2023Detailed filing. Detailed filing data is available for this year.$3.05$0.24$2.80$1.35$1.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.94$0.31$2.63$1.41$1.12$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.78$0.43$2.34$1.39$1.07$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.54$0.51$2.03$1.13$0.96$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.46$0.60$1.85$1.34$1.10$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.29$0.67$1.62$1.22$1.14$0.08
2017Summary only. Only limited summary data is available for this year.$2.29$0.75$1.54$1.16$1.09$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.33$0.86$1.47$1.22$1.22$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.36$0.89$1.47$1.15$1.14$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.46$1.01$1.46$1.18$1.15$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.52$1.10$1.43$1.08$1.09$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$1.27$1.44$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.83$1.45$0.98
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.97$1.30$0.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 31, 2026
Return Version
2025v4.0
Gross Receipts
$1,520,843
Mission and Program Overview

Mission

The mission of the organization is to provide sailing instruction and tournaments along with tennis and swimming to children and adults.

VHYC provides boating lessons, tennis lessons, and swimming lessons for children and adults on a membership basis

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,686,800$1,728,471▲ $41,671
Savings and Temporary Cash Investments$1,123,929$1,189,182▲ $65,253
Cash and Non-Interest-Bearing Accounts$260,142$203,287▼ $56,855
Accounts Receivable$38,982$44,798▲ $5,816
Prepaid Expenses and Deferred Charges$0$20,000▲ $20,000
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$3,109,853$3,185,738▲ $75,885
Liabilities
Unsecured Notes Loans Payable$147,621$120,475▼ $27,146
Accounts Payable and Accrued Expenses$66,791$3,119▼ $63,672
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$214,412$123,594▼ $90,818
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,895,441$3,062,144▲ $166,703
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,895,441$3,062,144▲ $166,703
Total Liabilities and Net Assets / Fund Balance$3,109,853$3,185,738▲ $75,885

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,525,276$1,086,584$2,611,860
Equipment$125,195$408,580$533,775
Land$78,000-$78,000
Other Land Buildings$0$48,456$48,456
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lorne LewisChief Operating OfficerFT$172,700$172,700
Cameron BackmanTennis DirectorFT$123,571$123,571
Chris SmithOperations ManagerFT$104,000$104,000

Board Members and Trustees

NameTitle
Michael WattsPresident
Jeff SchwarzVice President
Laura GoldwormDirector
Nicole RimpelClerk
Nils DahlTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cameron BackmanTennis Director22980 VISTA EDERA CIRCLE, Estero, FL 33928$123,571
Revenue and Support

Revenue Composition

Contributions and Grants
$1,118,079
Program Service Revenue
$263,506
Investment Income
$63,074
Other Revenue
$57,927
All Other Contributions
$60,000
Change in Net Assets
$166,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$783,834
Other Expenses$552,049
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$507,092
Current Officers, Directors, Trustees, and Key Employees---$172,700
Occupancy---$143,701
Depreciation Depletion---$119,118
Insurance---$93,713
Other Employee Benefits---$63,047
Payroll Taxes---$40,995
Other Expenses---$31,562
Information Technology---$27,164
Fees for Services Legal---$8,720
Office Expenses---$6,623
Fees for Services Other---$5,935
Interest---$5,236
All Other Expenses---$3,256
Fees for Services Accounting---$2,836
Advertising---$300
Total Functional Expenses$0$0$0$1,335,883
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is presented to the Board of Directors in draft form for approval prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are provided the conflict-of-interest policy and each member signs the document with any conflict of interest disclosure.

Form 990, Part VI, Section B, Line 15

The Board evaluates the Chief Operating Officer performance, and provides compensation adjustments on an annual basis

Form 990, Part VI, Section C, Line 19

Financial and policy documents are available upon request

Filing and Contact Details

Filer

Filer Name
Vineyard Haven Yacht Club
EIN
04-1935747
Phone
5086933080
Address
PO Box 507, Vineyard Haven, MA 02568

Signing Officer

Name
Lorne Lewis
Title
Chief Operating Officer
Phone
5086933080
Signed
2026-03-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lorne Lewis
Formed
1928
Legal Domicile
Ma
Voting Board Members
36
Independent Board Members
36
Employees
49
Volunteers
10

Preparer

Firm
Lamberts Cove Accounting
Address
PO Box 1232, West Tisbury, MA 02575
Preparer
Joan Chaput
Phone
5087379078
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll Service Provider $4060.04 Staff Hiring $1875.00

Form 990, Part IX, Line 24E

Property Excise Tax $318.00 Sales Tax Expense $1834.36 Bad Debt Expense $1104.08

Raw XML AppendixShowing 400 of 520 raw XML fields

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/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01728471
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IRS990/MembersOrStockholdersInd00
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/OtherExpensesGrp/TotalAmt124304
IRS990/OtherExpensesGrp/TotalAmt224196
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IRS990/ProgSrvcAccomActy2Grp/Desc0Provide Tennis instructions and tournaments to children and adults
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0119092
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