Civic Intelligence

Silver Beach Improvement Association Inc

990EZ • Fiscal year 2016 • EIN 04-2589866

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

17 Colby RoadWellesley, MA 02482

(617) 594-1082

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

60th percentile

6.3%

Higher net margin than 60% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

50th percentile

1.6%

Faster asset growth than 50% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

72nd percentile

12%

Faster revenue growth than 72% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$324,265

Up $4,965 (+1.6%) from 2015

Net Assets

Up

$324,265

Up $4,965 (+1.6%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$78,370

Up $8,255 (+12%) from 2015

Expenses

Up

$73,405

Up $6,361 (+9.5%) from 2015

Net Income

Up

$4,965

Up $1,894 (+62%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $293,905Liabilities 2010: $02010Assets 2011: $294,588Liabilities 2011: $02011Assets 2012: $293,616Liabilities 2012: $02012Assets 2013: $302,717Liabilities 2013: $02013Assets 2014: $316,229Liabilities 2014: $0Net Assets 2014: $316,2292014Assets 2015: $319,300Liabilities 2015: $0Net Assets 2015: $319,3002015Assets 2016: $324,265Liabilities 2016: $0Net Assets 2016: $324,2652016Assets 2017: $333,799Liabilities 2017: $0Net Assets 2017: $333,7992017Assets 2018: $447,470Liabilities 2018: $79,000Net Assets 2018: $368,4702018Assets 2019: $441,198Liabilities 2019: $54,000Net Assets 2019: $387,1982019Assets 2020: $427,530Liabilities 2020: $24,000Net Assets 2020: $403,5302020Assets 2021: $422,528Liabilities 2021: $0Net Assets 2021: $422,5282021Assets 2022: $433,612Liabilities 2022: $0Net Assets 2022: $433,6122022Assets 2023: $433,098Liabilities 2023: $0Net Assets 2023: $433,0982023Assets 2024: $434,075Net Assets 2024: $434,0752024

Highlighted filing

2016

Assets$324,265
Liabilities$0
Net Assets$324,265

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $69,063Expenses 2010: $52,747Net Income 2010: $16,3162010Revenue 2011: $70,954Expenses 2011: $70,271Net Income 2011: $6832011Revenue 2012: $66,132Expenses 2012: $67,104Net Income 2012: -$9722012Revenue 2013: $71,499Expenses 2013: $62,398Net Income 2013: $9,1012013Revenue 2014: $97,512Expenses 2014: $84,000Net Income 2014: $13,5122014Revenue 2015: $70,115Expenses 2015: $67,044Net Income 2015: $3,0712015Revenue 2016: $78,370Expenses 2016: $73,405Net Income 2016: $4,9652016Revenue 2017: $98,048Expenses 2017: $88,514Net Income 2017: $9,5342017Revenue 2018: $115,436Expenses 2018: $80,765Net Income 2018: $34,6712018Revenue 2019: $121,437Expenses 2019: $102,350Net Income 2019: $19,0872019Revenue 2020: $131,033Expenses 2020: $114,702Net Income 2020: $16,3312020Revenue 2021: $132,900Expenses 2021: $112,143Net Income 2021: $20,7572021Revenue 2022: $132,203Expenses 2022: $122,877Net Income 2022: $9,3262022Revenue 2023: $138,290Expenses 2023: $138,804Net Income 2023: -$5142023Revenue 2024: $138,845Expenses 2024: $137,866Net Income 2024: $9792024

Highlighted filing

2016

Revenue$78,370
Expenses$73,405
Net Income$4,965
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$78,370
Mission and Program Overview

Mission

To maintain beach, provide lifeguards, swim lessons, maintain tennis court, conduct children's social events including movies, cookouts, arts and crafts, dances etc., periodic membership meetings and social events to improve silver beach.

To maintain beach, provide lifeguards, swim lessons, maintain tennis court. Conduct children's social events including movies, cookouts, arts and crafts, dances and etc., periodic membership meetings and social events to improve silver beach.

Program Services

DescriptionGrantsExpenses
PERIODIC MEETINGS AND SOCIAL EVENTS ARE PROVIDED TO MEMBERS FOR A NOMINAL FEE. THE EVENTS FURTHER THE ORGANIZATIONS EXEMPT PURPOSE BY KEEPING MEMBERS INFORMED OF BEACH SERVICES AND CHILDREN'S ACTIVITIES INCLUDING SWIM LESSONS, ARTS AND CRAFTS AND WATER SAFETY PROCEDURES. ASSOCIATION LOGO HATS AND SHIRTS, PRIMARILY FOR CHILDREN, ARE SOLD AT A NOMINAL COST TO FURTHER GOODWILL AND ENCOURAGE MEMBERSHIP PARTICIPATION. EVENTS INCLUDE MOVIES, COOKOUTS, CHILDREN DANCES,GAMES, AND OTHER EVETNS OPEN TO ALL ASSOCIATION MEMBERS AND FAMILIES. ALL PROCEEDS ARE USED TO MAINTAIN BEACH AND TENNIS COURTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID O'KEEFEPresident-$0--
RONALD FERNANDESTreasurer-$0--
LINDSAY DOHERTYSecretary-$0--
ALLISON HUTCHINSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Silver Beach Improvement
EIN
04-2589866
Phone
6175941082
Address
17 COLBY ROAD, WELLESLEY, MA 02482

Signing Officer

Name
Ronald Fernandes
Title
Treasurer
Phone
6175941082
Signed
2017-11-14

Preparer

Firm
Cullen Murphy & Co Pc
Address
1506 PROVIDENCE HWY STE 31, NORWOOD, MA 02062
Preparer
John E Merchant
Phone
7817696262
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses liability insurance 22,648 real estate taxes 3,989 beach expense 3,245 licenses and permits 85 membership expense 866 utilities 11 office expense 94 program services expense 6,348 repairs and replacements 4,503 bank fees 974 equipment supplies 200 donations 1,537 professional fees 829 total 45,329

Form 990-ez, Part III

To maintain beach, provide lifeguards, swim lessons, maintain tennis court. Conduct children's social events including movies, cookouts, arts and crafts, dances and etc., periodic membership meetings and social events to improve silver beach.

Form 990-ez, Part III, Line 28

Periodic meetings and social events are provided to members for a nominal fee. The events further the organizations exempt purpose by keeping members informed of beach services and children's activities including swim lessons, arts and crafts and water safety procedures. Association logo hats and shirts, primarily for children, are sold at a nominal cost to further goodwill and encourage membership participation. Events include movies, cookouts, children dances,games, and other evetns open to all association members and families. All proceeds are used to maintain beach and tennis courts.

Raw XML Appendix103 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RONALD FERNANDES
IRS990EZ/BooksInCareOfDetail/PhoneNum06175941082
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt017 COLBY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WELLESLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002482
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt087400
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt092365
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04965
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt028076
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0319300
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0324265
IRS990EZ/GrossReceiptsAmt078370
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0231900
IRS990EZ/LandAndBuildingsGrp/EOYAmt0231900
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt064886
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0319300
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0324265
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0319300
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0324265
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID O'KEEFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RONALD FERNANDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDSAY DOHERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALLISON HUTCHINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt045329
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO MAINTAIN BEACH, PROVIDE LIFEGUARDS, SWIM LESSONS, MAINTAIN TENNIS COURT. CONDUCT CHILDREN'S SOCIAL EVENTS INCLUDING MOVIES, COOKOUTS, ARTS AND CRAFTS, DANCES AND ETC., PERIODIC MEMBERSHIP MEETINGS AND SOCIAL EVENTS TO IMPROVE SILVER BEACH.
IRS990EZ/ProgramServiceRevenueAmt013484
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PERIODIC MEETINGS AND SOCIAL EVENTS ARE PROVIDED TO MEMBERS FOR A NOMINAL FEE. THE EVENTS FURTHER THE ORGANIZATIONS EXEMPT PURPOSE BY KEEPING MEMBERS INFORMED OF BEACH SERVICES AND CHILDREN'S ACTIVITIES INCLUDING SWIM LESSONS, ARTS AND CRAFTS AND WATER SAFETY PROCEDURES. ASSOCIATION LOGO HATS AND SHIRTS, PRIMARILY FOR CHILDREN, ARE SOLD AT A NOMINAL COST TO FURTHER GOODWILL AND ENCOURAGE MEMBERSHIP PARTICIPATION. EVENTS INCLUDE MOVIES, COOKOUTS, CHILDREN DANCES,GAMES, AND OTHER EVETNS OPEN TO ALL ASSOCIATION MEMBERS AND FAMILIES. ALL PROCEEDS ARE USED TO MAINTAIN BEACH AND TENNIS COURTS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073405
IRS990EZ/TotalRevenueAmt078370
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES LIABILITY INSURANCE 22,648 REAL ESTATE TAXES 3,989 BEACH EXPENSE 3,245 LICENSES AND PERMITS 85 MEMBERSHIP EXPENSE 866 UTILITIES 11 OFFICE EXPENSE 94 PROGRAM SERVICES EXPENSE 6,348 REPAIRS AND REPLACEMENTS 4,503 BANK FEES 974 EQUIPMENT SUPPLIES 200 DONATIONS 1,537 PROFESSIONAL FEES 829 TOTAL 45,329
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO MAINTAIN BEACH, PROVIDE LIFEGUARDS, SWIM LESSONS, MAINTAIN TENNIS COURT. CONDUCT CHILDREN'S SOCIAL EVENTS INCLUDING MOVIES, COOKOUTS, ARTS AND CRAFTS, DANCES AND ETC., PERIODIC MEMBERSHIP MEETINGS AND SOCIAL EVENTS TO IMPROVE SILVER BEACH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PERIODIC MEETINGS AND SOCIAL EVENTS ARE PROVIDED TO MEMBERS FOR A NOMINAL FEE. THE EVENTS FURTHER THE ORGANIZATIONS EXEMPT PURPOSE BY KEEPING MEMBERS INFORMED OF BEACH SERVICES AND CHILDREN'S ACTIVITIES INCLUDING SWIM LESSONS, ARTS AND CRAFTS AND WATER SAFETY PROCEDURES. ASSOCIATION LOGO HATS AND SHIRTS, PRIMARILY FOR CHILDREN, ARE SOLD AT A NOMINAL COST TO FURTHER GOODWILL AND ENCOURAGE MEMBERSHIP PARTICIPATION. EVENTS INCLUDE MOVIES, COOKOUTS, CHILDREN DANCES,GAMES, AND OTHER EVETNS OPEN TO ALL ASSOCIATION MEMBERS AND FAMILIES. ALL PROCEEDS ARE USED TO MAINTAIN BEACH AND TENNIS COURTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD FERNANDES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06175941082
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SILVER BEACH IMPROVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0042589866
ReturnHeader/Filer/PhoneNum06175941082
ReturnHeader/Filer/USAddress/AddressLine1Txt017 COLBY ROAD
ReturnHeader/Filer/USAddress/CityNm0WELLESLEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002482
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId059AAAB2C16117CC57BB51E423E70E7456CDF4030
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BD4D0030ABA1E3F1517CBAD46AD30749E978A3B9
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042713704
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CULLEN MURPHY & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01506 PROVIDENCE HWY STE 31
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002062
ReturnHeader/PreparerPersonGrp/PhoneNum07817696262
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN E MERCHANT
ReturnHeader/ReturnTs02017-11-15T10:17:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.34$4.34$1.39$1.38$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.33$0.00$4.33$1.38$1.39$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$1.32$1.23$0.09
2021Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$1.33$1.12$0.21
2020Detailed filing. Detailed filing data is available for this year.$4.28$0.24$4.04$1.31$1.15$0.16
2019Detailed filing. Detailed filing data is available for this year.$4.41$0.54$3.87$1.21$1.02$0.19
2018Detailed filing. Detailed filing data is available for this year.$4.47$0.79$3.68$1.15$0.81$0.35
2017Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.98$0.89$0.10
2016Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$0.78$0.73$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$0.70$0.67$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.98$0.84$0.14
2013Summary only. Only limited summary data is available for this year.$3.03$0.00$0.71$0.62$0.09
2012Summary only. Only limited summary data is available for this year.$2.94$0.00$0.66$0.67$0.01
2011Summary only. Only limited summary data is available for this year.$2.95$0.00$0.71$0.70$0.01
2010Summary only. Only limited summary data is available for this year.$2.94$0.00$0.69$0.53$0.16