Civic Intelligence

Catboat Association Inc.

990EZ • Fiscal year 2021 • EIN 04-2774230

Oct 01, 2020 to Sep 30, 2021 • Filed on Nov 15, 2021

262 Forest StreetNeedham, MA 02492

(781) 444-6690

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

60th percentile

16%

Higher net margin than 60% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

67th percentile

22%

Faster asset growth than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-23%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$45,964

Up $8,210 (+22%) from 2020

Net Assets

Up

$45,052

Up $7,546 (+20%) from 2020

Liabilities

Up

$912

Up $664 (+268%) from 2020

Revenue

Down

$46,992

Down $14,086 (-23%) from 2020

Expenses

Down

$39,446

Down $20,826 (-35%) from 2020

Net Income

Up

$7,546

Up $6,740 (+836%) from 2020

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $61,277Liabilities 2010: $1,697Net Assets 2010: $59,5802010Assets 2011: $55,854Liabilities 2011: $2,516Net Assets 2011: $53,3382011Assets 2012: $68,981Liabilities 2012: $1,740Net Assets 2012: $67,2412012Assets 2013: $72,977Liabilities 2013: $2,400Net Assets 2013: $70,5772013Assets 2014: $45,570Liabilities 2014: $1,215Net Assets 2014: $44,3552014Assets 2015: $58,675Liabilities 2015: $1,200Net Assets 2015: $57,4752015Assets 2016: $46,424Liabilities 2016: $557Net Assets 2016: $45,8672016Assets 2017: $32,380Liabilities 2017: $324Net Assets 2017: $32,0562017Assets 2018: $47,544Liabilities 2018: $73Net Assets 2018: $47,4712018Assets 2019: $36,778Liabilities 2019: $782019Assets 2020: $37,754Liabilities 2020: $248Net Assets 2020: $37,5062020Assets 2021: $45,964Liabilities 2021: $912Net Assets 2021: $45,0522021Assets 2022: $34,899Liabilities 2022: $403Net Assets 2022: $34,4962022Assets 2023: $26,190Liabilities 2023: $46Net Assets 2023: $26,1442023Assets 2024: $15,510Liabilities 2024: $47Net Assets 2024: $15,4632024Assets 2025: $17,831Liabilities 2025: $100Net Assets 2025: $17,7312025

Highlighted filing

2021

Assets$45,964
Liabilities$912
Net Assets$45,052

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $48,703Expenses 2010: $64,348Net Income 2010: -$15,6452010Revenue 2011: $49,635Expenses 2011: $55,877Net Income 2011: -$6,2422011Revenue 2012: $74,890Expenses 2012: $60,987Net Income 2012: $13,9032012Revenue 2013: $59,640Expenses 2013: $56,304Net Income 2013: $3,3362013Revenue 2014: $53,629Expenses 2014: $79,851Net Income 2014: -$26,2222014Revenue 2015: $75,265Expenses 2015: $62,145Net Income 2015: $13,1202015Revenue 2016: $48,814Expenses 2016: $60,422Net Income 2016: -$11,6082016Revenue 2017: $38,214Expenses 2017: $52,025Net Income 2017: -$13,8112017Revenue 2018: $72,219Expenses 2018: $56,804Net Income 2018: $15,4152018Revenue 2019: $37,079Expenses 2019: $47,850Net Income 2019: -$10,7712019Revenue 2020: $61,078Expenses 2020: $60,272Net Income 2020: $8062020Revenue 2021: $46,992Expenses 2021: $39,446Net Income 2021: $7,5462021Revenue 2022: $58,258Expenses 2022: $67,635Net Income 2022: -$9,3772022Revenue 2023: $58,943Expenses 2023: $67,295Net Income 2023: -$8,3522023Revenue 2024: $62,670Expenses 2024: $73,351Net Income 2024: -$10,6812024Revenue 2025: $54,042Expenses 2025: $51,774Net Income 2025: $2,2682025

Highlighted filing

2021

Revenue$46,992
Expenses$39,446
Net Income$7,546
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$48,457
Mission and Program Overview

Mission

Historical and Educational

Program Services

DescriptionGrantsExpenses
Catboat Association Bulletins (3 Issues Annually)Historical Documentation & Educational Articles; Annual Membership Yearbook$0$21,862
Gifts and Donations to Museums for the Care andMaintenance of Historical Catboats, Exhibits & Research$0$2,250
Publication of Educational Books, Journal Design andVideo, Educational Seminars at Annual Meeting$0$950
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy E LundPresidentPT$0--
Timothy FallonTreasurer-$0--
Paul CookSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Catboat Association Inc
EIN
04-2774230
Phone
7814446690
Address
262 Forest Street, Needham, MA 02492

Signing Officer

Name
Timothy Lund
Title
President
Phone
7814446690
Signed
2021-11-15

Preparer

Firm
Bruce A Almeida CPA
Address
67 Mill St, New Bedford, MA 02740
Preparer
Bruce A Almeida CPA
Phone
5089927900
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Annual Meeting Expenses 950.

Form 990EZ, Part I, Line 16

Bank Fees 1077.

Form 990EZ, Part I, Line 16

Bulletin Expenses 17383.

Form 990EZ, Part I, Line 16

Donations 2250.

Form 990EZ, Part I, Line 16

Dues and Subscriptions 225.

Form 990EZ, Part I, Line 16

Filing Fees 35.

Form 990EZ, Part I, Line 16

Internet - Web Development Expenses 7161.

Form 990EZ, Part I, Line 16

Liability Insurance 3174.

Form 990EZ, Part I, Line 16

Membership Expenses 1971.

Form 990EZ, Part I, Line 16

Steering Commitee Expenses 741.

Form 990EZ, Part I, Line 16

Yearbook Expenses 4479.

Form 990EZ, Part II, Line 24

Inventories 9200.

Form 990EZ, Part II, Line 24

Petty Cash 0.

Form 990EZ, Part II, Line 26

Credit Cards Payable 248.

Raw XML Appendix202 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Timothy E Lund
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Timothy Fallon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Paul Cook
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09200
IRS990EZ/OtherAssetsTotalDetail/EOYAmt011824
IRS990EZ/OtherExpensesTotalAmt039446
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Historical and Educational
IRS990EZ/ProgramServiceRevenueAmt02900
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Catboat Association Bulletins (3 Issues Annually)Historical Documentation & Educational Articles; Annual Membership Yearbook
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Publication of Educational Books, Journal Design andVideo, Educational Seminars at Annual Meeting
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Gifts and Donations to Museums for the Care andMaintenance of Historical Catboats, Exhibits & Research
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021862
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1950
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt22250
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TotalProgramServiceExpensesAmt025062
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.catboats.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt021092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0150530
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Annual Meeting Expenses 950.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Fees 1077.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bulletin Expenses 17383.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Donations 2250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues and Subscriptions 225.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Filing Fees 35.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Internet - Web Development Expenses 7161.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Liability Insurance 3174.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Membership Expenses 1971.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Steering Commitee Expenses 741.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Yearbook Expenses 4479.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Inventories 9200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Petty Cash 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Credit Cards Payable 248.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Timothy Lund
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07814446690
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Catboat Association Inc
ReturnHeader/Filer/BusinessNameControlTxt0CATB
ReturnHeader/Filer/EIN0042774230
ReturnHeader/Filer/PhoneNum07814446690
ReturnHeader/Filer/USAddress/AddressLine1Txt0262 Forest Street
ReturnHeader/Filer/USAddress/CityNm0Needham
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002492
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bruce A Almeida CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 Mill St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Bedford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002740
ReturnHeader/PreparerPersonGrp/PhoneNum05089927900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bruce A Almeida CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T09:30:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Timothy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Lund
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$17.8$0.10$17.7$54.0$51.8$2.27
2024Detailed filing. Detailed filing data is available for this year.$15.5$0.05$15.5$62.7$73.4$10.7
2023Detailed filing. Detailed filing data is available for this year.$26.2$0.05$26.1$58.9$67.3$8.35
2022Detailed filing. Detailed filing data is available for this year.$34.9$0.40$34.5$58.3$67.6$9.38
2021Detailed filing. Detailed filing data is available for this year.$46.0$0.91$45.1$47.0$39.4$7.55
2020Detailed filing. Detailed filing data is available for this year.$37.8$0.25$37.5$61.1$60.3$0.81
2019Summary only. Only limited summary data is available for this year.$36.8$0.08$37.1$47.9$10.8
2018Detailed filing. Detailed filing data is available for this year.$47.5$0.07$47.5$72.2$56.8$15.4
2017Detailed filing. Detailed filing data is available for this year.$32.4$0.32$32.1$38.2$52.0$13.8
2016Detailed filing. Detailed filing data is available for this year.$46.4$0.56$45.9$48.8$60.4$11.6
2015Detailed filing. Detailed filing data is available for this year.$58.7$1.20$57.5$75.3$62.1$13.1
2014Detailed filing. Detailed filing data is available for this year.$45.6$1.22$44.4$53.6$79.9$26.2
2013Detailed filing. Detailed filing data is available for this year.$73.0$2.40$70.6$59.6$56.3$3.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.0$1.74$67.2$74.9$61.0$13.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.9$2.52$53.3$49.6$55.9$6.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.3$1.70$59.6$48.7$64.3$15.6