Civic Intelligence

Hingham Maritime Center Inc.

990 • Fiscal year 2018 • EIN 04-2481637

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 12, 2019

PO Box 492Hingham, MA 02043

(781) 741-5225

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

33rd percentile

-3.5%

Higher net margin than 33% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

11th percentile

-40%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$267,063

Down $180,408 (-40%) from 2017

Net Assets

Down

$251,766

Down $175,705 (-41%) from 2017

Liabilities

Down

$15,297

Down $4,703 (-24%) from 2017

Revenue

Up

$471,269

Up $55,587 (+13%) from 2017

Expenses

Up

$487,871

Up $118,049 (+32%) from 2017

Net Income

Down

-$16,602

Down $62,462 (-136%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $388,130Liabilities 2011: $0Net Assets 2011: $388,1302011Assets 2012: $388,188Liabilities 2012: $0Net Assets 2012: $388,1882012Assets 2013: $379,587Liabilities 2013: $0Net Assets 2013: $379,5872013Assets 2014: $391,303Liabilities 2014: $0Net Assets 2014: $391,3032014Assets 2015: $369,953Liabilities 2015: $0Net Assets 2015: $369,9532015Assets 2016: $392,376Liabilities 2016: $0Net Assets 2016: $392,3762016Assets 2017: $447,471Liabilities 2017: $20,000Net Assets 2017: $427,4712017Assets 2018: $267,063Liabilities 2018: $15,297Net Assets 2018: $251,7662018Assets 2019: $381,926Liabilities 2019: $50,401Net Assets 2019: $331,5252019Assets 2020: $331,455Liabilities 2020: $50,305Net Assets 2020: $281,1502020Assets 2021: $458,379Liabilities 2021: $0Net Assets 2021: $458,3792021Assets 2022: $530,484Liabilities 2022: $0Net Assets 2022: $530,4842022Assets 2023: $493,715Liabilities 2023: $0Net Assets 2023: $493,7152023Assets 2024: $491,166Liabilities 2024: $0Net Assets 2024: $491,1662024

Highlighted filing

2018

Assets$267,063
Liabilities$15,297
Net Assets$251,766

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $239,676Expenses 2011: $230,885Net Income 2011: $8,7912011Revenue 2012: $253,430Expenses 2012: $260,277Net Income 2012: -$6,8472012Revenue 2013: $290,150Expenses 2013: $296,805Net Income 2013: -$6,6552013Revenue 2014: $314,967Expenses 2014: $309,491Net Income 2014: $5,4762014Revenue 2015: $294,977Expenses 2015: $312,347Net Income 2015: -$17,3702015Revenue 2016: $364,648Expenses 2016: $354,764Net Income 2016: $9,8842016Revenue 2017: $415,682Expenses 2017: $369,822Net Income 2017: $45,8602017Revenue 2018: $471,269Expenses 2018: $487,871Net Income 2018: -$16,6022018Revenue 2019: $494,043Expenses 2019: $414,284Net Income 2019: $79,7592019Revenue 2020: $243,312Expenses 2020: $293,687Net Income 2020: -$50,3752020Revenue 2021: $397,189Expenses 2021: $219,960Net Income 2021: $177,2292021Revenue 2022: $422,393Expenses 2022: $350,288Net Income 2022: $72,1052022Revenue 2023: $380,955Expenses 2023: $419,049Net Income 2023: -$38,0942023Revenue 2024: $439,985Expenses 2024: $442,863Net Income 2024: -$2,8782024

Highlighted filing

2018

Revenue$471,269
Expenses$487,871
Net Income-$16,602
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 12, 2019
Return Version
2017v2.3
Gross Receipts
$496,044
Mission and Program Overview

Mission

The organization provides education in sailing, rowing and water safety to individuals of all ages.

The organization provides education in sailing, rowing and water safety.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$218,664$255,068▲ $36,404
Investments Other Securities$159,103--
Cash and Non-Interest-Bearing Accounts$56,279$5,433▼ $50,846
Prepaid Expenses and Deferred Charges$5,526$4,477▼ $1,049
Savings and Temporary Cash Investments$7,899$2,085▼ $5,814
Total Assets$447,471$267,063▼ $180,408
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,000$15,297▼ $4,703
Total Liabilities$20,000$15,297▼ $4,703
Net Assets / Fund Balance
Unrestricted Net Assets$260,469$234,217▼ $26,252
Temporarily Rstr Net Assets$167,002$17,549▼ $149,453
Total Net Assets Fund Balance$427,471$251,766▼ $175,705
Total Liabilities and Net Assets / Fund Balance$447,471$267,063▼ $180,408

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$163,700$469,368$633,068
Buildings$91,368$56,990$148,358
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$114,441
Program Service Revenue
$326,911
Investment Income
$34
Other Revenue
$29,883
All Other Contributions
$110,037
Change in Net Assets
$-16,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$268,383
Other Expenses$219,488
Total Fundraising Expense$67,427
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$206,012$26,651$13,325$245,988
Depreciation Depletion$39,806--$39,806
Insurance$28,689--$28,689
Payroll Taxes$19,162$2,156$1,077$22,395
Fees for Services Accounting-$7,200-$7,200
Other Expenses$4,477$26,842$53,025$4,477
Occupancy-$4,334-$4,334
All Other Expenses$3,408--$3,408
Office Expenses-$2,562-$2,562
Interest-$722-$722
Total Functional Expenses$349,977$70,467$67,427$487,871
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,769
Fundraising Direct Expenses$24,775
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Main Event$50,769$50,769$14,475$36,294
Total Events$50,769$50,769$24,775$25,994
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Edward MorrisMEMBER ON THE ORGANIZATION'S BOARD OF TRUSTEESTHE ORGANIZATION PURCHASED A TRUCK AT FAIR MARKET VALUE FROM ONE OF ITS BOARD OF TRUSTEES IN THE AMOUNT OF $25,000 FOR USE IN ITS OPERATIONS.No$25,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Section B, Line 11B

The organization's governing board met and reviewed and approved the form 990 before it was filed.

Form 990, Part VI, Section C, Line 19

The organization makes it's governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hingham Maritime Center Inc
EIN
04-2481637
Phone
7817415225
Address
PO BOX 492, HINGHAM, MA 02043

Signing Officer

Name
Leonetta Scappini
Title
Treasurer
Phone
7817415225
Signed
2019-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Clapp Kerber
Formed
1971
Legal Domicile
Ma
Voting Board Members
23
Independent Board Members
23
Employees
29
Volunteers
40

Preparer

Firm
Crepeau & Associates Pc
Address
9 PARK AVENUE SUITE 413, HULL, MA 02045
Preparer
Ronald Crepeau CPA
Phone
7819254893
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Loss of william gray charitable trust -159,103.

Raw XML AppendixShowing 400 of 507 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/InsuranceGrp/ProgramServicesAmt028689
IRS990/InsuranceGrp/TotalAmt028689
IRS990/InterestGrp/ManagementAndGeneralAmt0722
IRS990/InterestGrp/TotalAmt0722
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0159103
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0526358
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0218664
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0255068
IRS990/LandBldgEquipCostOrOtherBssAmt0781426
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROVIDES EDUCATION IN SAILING, ROWING AND WATER SAFETY TO INDIVIDUALS OF ALL AGES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015297
IRS990/NetAssetsOrFundBalancesBOYAmt0427471
IRS990/NetAssetsOrFundBalancesEOYAmt0251766
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt025994
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt025994
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04334
IRS990/OccupancyGrp/TotalAmt04334
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02562
IRS990/OfficeExpensesGrp/TotalAmt02562
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-159103
IRS990/OtherExpensesGrp/Desc0FUNDRAISING
IRS990/OtherExpensesGrp/Desc1EQUIPMENT REPAIRS AND S
IRS990/OtherExpensesGrp/Desc2BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt053025
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026842
IRS990/OtherExpensesGrp/ProgramServicesAmt048423
IRS990/OtherExpensesGrp/ProgramServicesAmt14477
IRS990/OtherExpensesGrp/TotalAmt053025
IRS990/OtherExpensesGrp/TotalAmt148423
IRS990/OtherExpensesGrp/TotalAmt226842
IRS990/OtherExpensesGrp/TotalAmt34477
IRS990/OtherRevenueMiscGrp/BusinessCd0611710
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03889
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03889
IRS990/OtherRevenueTotalAmt03889
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013325
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026651
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0206012
IRS990/OtherSalariesAndWagesGrp/TotalAmt0245988
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01077
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02156
IRS990/PayrollTaxesGrp/ProgramServicesAmt019162
IRS990/PayrollTaxesGrp/TotalAmt022395
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05526
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04477
IRS990/PrincipalOfficerNm0NANCY CLAPP KERBER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0326911
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0326911
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt034605
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt027510
IRS990/PYOtherExpensesAmt0144615
IRS990/PYOtherRevenueAmt07068
IRS990/PYProgramServiceRevenueAmt0346499
IRS990/PYRevenuesLessExpensesAmt045860
IRS990/PYSalariesCompEmpBnftPaidAmt0225207
IRS990/PYTotalExpensesAmt0369822
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0415682
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-16602
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0330834
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07899
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02085
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0114441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034605
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024834
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029265
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0246901
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01507516
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03889
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02849
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06402
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04574
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt07657
IRS990ScheduleA/OtherIncome170Grp/TotalAmt025371
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73310
IRS990ScheduleA/PublicSupportPY170Pct00.69910
IRS990ScheduleA/PublicSupportTotal170Amt0199596
IRS990ScheduleA/SubstantialContributorsTotAmt047305
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0114441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034605
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024834
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029265
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0246901
IRS990ScheduleA/TotalSupportAmt0272272
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt091368
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056990
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0148358
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0163700
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0469368
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0633068
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0255068
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024775
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MAIN EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08300
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050769
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050769

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.$4.91$0.00$4.91$4.40$4.43$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.94$0.00$4.94$3.81$4.19$0.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.00$5.30$4.22$3.50$0.72
2021Detailed filing. Detailed filing data is available for this year.$4.58$0.00$4.58$3.97$2.20$1.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.50$2.81$2.43$2.94$0.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.50$3.32$4.94$4.14$0.80
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.15$2.52$4.71$4.88$0.17
2017Summary only. Only limited summary data is available for this year.$4.47$0.20$4.27$4.16$3.70$0.46
2016Summary only. Only limited summary data is available for this year.$3.92$0.00$3.92$3.65$3.55$0.10
2015Summary only. Only limited summary data is available for this year.$3.70$0.00$3.70$2.95$3.12$0.17
2014Summary only. Only limited summary data is available for this year.$3.91$0.00$3.91$3.15$3.09$0.05
2013Summary only. Only limited summary data is available for this year.$3.80$0.00$3.80$2.90$2.97$0.07
2012Summary only. Only limited summary data is available for this year.$3.88$0.00$3.88$2.53$2.60$0.07
2011Summary only. Only limited summary data is available for this year.$3.88$0.00$3.88$2.40$2.31$0.09