Civic Intelligence

Goldthwait Reservation Inc

990 • Fiscal year 2024 • EIN 04-2061893

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 03, 2026

PO Box 1025Marblehead, MA 01945

(617) 922-0656

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Higher debt load relative to assets than 9% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

15th percentile

0.01x

Higher debt load relative to revenue than 15% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$9,324,064

No earlier filing loaded for comparison.

Net Assets

$9,323,190

No earlier filing loaded for comparison.

Liabilities

$874

No earlier filing loaded for comparison.

Revenue

$73,399

No earlier filing loaded for comparison.

Expenses

$37,817

No earlier filing loaded for comparison.

Net Income

$35,582

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2024: $9,324,064Liabilities 2024: $874Net Assets 2024: $9,323,1902024

Highlighted filing

2024

Assets$9,324,064
Liabilities$874
Net Assets$9,323,190

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2024: $73,399Expenses 2024: $37,817Net Income 2024: $35,5822024

Highlighted filing

2024

Revenue$73,399
Expenses$37,817
Net Income$35,582
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 3, 2026
Return Version
2024v5.0
Gross Receipts
$73,399
Mission and Program Overview

Mission

Preserve and restore the salt marsh and maintain the beach and picnic area for the enjoyment of town residents.

Preserve and restore the salt marsh and maintain beach areas for the use and enjoyment of town residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,161,600$9,161,600→ $0
Cash and Non-Interest-Bearing Accounts$126,112$162,464▲ $36,352
Total Assets$9,287,712$9,324,064▲ $36,352
Liabilities
Accounts Payable and Accrued Expenses$104$874▲ $770
Total Liabilities$104$874▲ $770
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,287,608$9,323,190▲ $35,582
Total Net Assets Fund Balance$9,287,608$9,323,190▲ $35,582
Total Liabilities and Net Assets / Fund Balance$9,287,712$9,324,064▲ $36,352

Asset Categories

AssetBook ValueDepreciationBasis
Land$9,161,600-$9,161,600
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$73,399
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$73,399
Change in Net Assets
$35,582
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,334
Salaries, Compensation, and Employee Benefits$3,483
Total Fundraising Expense$1,846
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$3,058-$3,058
Other Salaries and Wages$2,934--$2,934
Fees for Services Accounting-$2,542-$2,542
Insurance-$1,562-$1,562
Other Expenses$24,586$640$1,846$640
Payroll Taxes$549--$549
Fees for Services Legal-$100-$100
Total Functional Expenses$28,069$7,902$1,846$37,817
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
Lobbying activity
No
Subject to proxy tax
No
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
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Goldthwait Reservation Inc
EIN
04-2061893
Phone
6179220656
Address
PO BOX 1025, MARBLEHEAD, MA 01945

Signing Officer

Name
Jeff Doherty
Title
Director
Phone
6179220656
Signed
2026-02-03

Organization Details

Principal Officer
Jeff Doherty
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
100
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0104
IRS990/TotalLiabilitiesEOYAmt0874
IRS990/TotalLiabilitiesGrp/BOYAmt0104
IRS990/TotalLiabilitiesGrp/EOYAmt0874
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09287608
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09323190
IRS990/TotalProgramServiceExpensesAmt028069
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt073399
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09287712
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09324064
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 1025
IRS990/USAddress/CityNm0MARBLEHEAD
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001945
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0GOLDTHWAITRESERVATION.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF DOHERTY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06179220656
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOLDTHWAIT RESERVATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0042061893
ReturnHeader/Filer/PhoneNum06179220656
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1025
ReturnHeader/Filer/USAddress/CityNm0MARBLEHEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001945
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02026-02-03T14:31:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.32$0.00$9.32$0.07$0.04$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $5M-$10M nonprofits