Civic Intelligence

Three Bays Preservation Inc.

990 • Fiscal year 2013 • EIN 04-3338308

Jan 01, 2013 to Dec 31, 2013 • Filed on Feb 11, 2014

P O Box 215Osterville, MA 02655-0215

(508) 420-0780

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.01x

Higher debt load relative to assets than 22% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

32nd percentile

0.04x

Higher debt load relative to revenue than 32% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

61st percentile

5.8%

Faster asset growth than 61% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Up

$2,346,130

Up $127,650 (+5.8%) from 2012

Net Assets

Up

$2,327,594

Up $150,622 (+6.9%) from 2012

Liabilities

Down

$18,536

Down $22,972 (-55%) from 2012

Revenue

$495,997

No earlier filing loaded for comparison.

Expenses

Up

$562,553

Up $197,047 (+54%) from 2012

Net Income

-$66,556

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.

$6.0M$4.0M$2.0M$0Assets 2011: $2,135,868Liabilities 2011: $9,329Net Assets 2011: $2,126,5392011Assets 2012: $2,218,480Liabilities 2012: $41,508Net Assets 2012: $2,176,9722012Assets 2013: $2,346,130Liabilities 2013: $18,536Net Assets 2013: $2,327,5942013Assets 2014: $2,139,534Liabilities 2014: $13,512Net Assets 2014: $2,126,0222014Assets 2015: $2,295,736Liabilities 2015: $5,078Net Assets 2015: $2,290,6582015Assets 2016: $2,346,683Liabilities 2016: $43,655Net Assets 2016: $2,303,0282016Assets 2017: $2,537,007Liabilities 2017: $48,356Net Assets 2017: $2,488,6512017Assets 2018: $2,692,382Liabilities 2018: $95,436Net Assets 2018: $2,596,9462018Assets 2019: $3,164,022Liabilities 2019: $56,235Net Assets 2019: $3,107,7872019Assets 2020: $3,506,004Liabilities 2020: $137,171Net Assets 2020: $3,368,8332020Assets 2021: $4,447,128Liabilities 2021: $850,668Net Assets 2021: $3,596,4602021Assets 2022: $3,426,192Liabilities 2022: $820,069Net Assets 2022: $2,606,1232022Assets 2024: $5,632,933Liabilities 2024: $821,995Net Assets 2024: $4,810,9382024

Highlighted filing

2013

Assets$2,346,130
Liabilities$18,536
Net Assets$2,327,594

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $353,3022011Expenses 2012: $365,5062012Revenue 2013: $495,997Expenses 2013: $562,553Net Income 2013: -$66,5562013Revenue 2014: $221,974Expenses 2014: $523,658Net Income 2014: -$301,6842014Revenue 2015: $482,733Expenses 2015: $346,951Net Income 2015: $135,7822015Revenue 2016: $479,487Expenses 2016: $516,505Net Income 2016: -$37,0182016Revenue 2017: $744,051Expenses 2017: $602,795Net Income 2017: $141,2562017Revenue 2018: $960,361Expenses 2018: $767,564Net Income 2018: $192,7972018Revenue 2019: $903,438Expenses 2019: $760,996Net Income 2019: $142,4422019Revenue 2020: $1,056,300Expenses 2020: $1,028,189Net Income 2020: $28,1112020Revenue 2021: $1,287,087Expenses 2021: $1,166,289Net Income 2021: $120,7982021Revenue 2022: $1,135,046Expenses 2022: $1,711,430Net Income 2022: -$576,3842022Revenue 2024: $1,262,892Expenses 2024: $1,101,636Net Income 2024: $161,2562024

Highlighted filing

2013

Revenue$495,997
Expenses$562,553
Net Income-$66,556
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Feb 11, 2014
Return Version
2013v3.1
Gross Receipts
$1,431,143
Mission and Program Overview

Mission

Preservation of the water quality on cape cod, massachusetts.

Preservation of the three bays area on cape cod, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,091,390$1,148,829▲ $57,439
Land, Buildings, and Equipment, Net$936,524$936,171▼ $353
Cash and Non-Interest-Bearing Accounts$97,015$135,164▲ $38,149
Savings and Temporary Cash Investments$88,130$115,767▲ $27,637
Prepaid Expenses and Deferred Charges$5,421$9,904▲ $4,483
Intangible Assets-$295-
Total Assets$2,218,480$2,346,130▲ $127,650
Liabilities
Accounts Payable and Accrued Expenses$35,478$13,644▼ $21,834
Other Liabilities$6,030$4,892▼ $1,138
Total Liabilities$41,508$18,536▼ $22,972
Net Assets / Fund Balance
Unrestricted Net Assets$1,214,087$1,358,409▲ $144,322
Permanently Rstr Net Assets$934,700$934,700→ $0
Temporarily Rstr Net Assets$28,185$34,485▲ $6,300
Total Net Assets Fund Balance$2,176,972$2,327,594▲ $150,622
Total Liabilities and Net Assets / Fund Balance$2,218,480$2,346,130▲ $127,650

Asset Categories

AssetBook ValueDepreciationBasis
Land$934,700-$934,700
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Applied Coastal ResearchEngineers-$112,135
Revenue and Support

Revenue Composition

Contributions and Grants
$468,611
Program Service Revenue
$0
Investment Income
$31,565
Other Revenue
$-4,179
All Other Contributions
$449,652
Change in Net Assets
$-66,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,334
Salaries, Compensation, and Employee Benefits$187,719
Total Fundraising Expense$59,046
Grants and Similar Amounts Paid$10,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,657$34,552$18,846$157,055
Fees for Services Legal$43,295--$43,295
Occupancy$23,604--$23,604
All Other Expenses$22,438--$22,438
Pension Plan Contributions$10,589$3,529$1,925$16,043
Payroll Taxes$9,649$3,217$1,755$14,621
Fees for Services Accounting-$10,788-$10,788
Insurance$9,772--$9,772
Other Expenses$8,010-$36,520$8,010
Grants to Domestic Orgs$7,500--$7,500
Office Expenses$4,279--$4,279
Grants to Domestic Individuals$3,000--$3,000
Depreciation Depletion$906--$906
Total Functional Expenses$451,421$52,086$59,046$562,553
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
04-2104702---$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$30,283
Fundraising Gross Income$26,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$26,104$26,104$30,283$-4,179
Total Events$26,104$26,104$30,283$-4,179
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$4,892
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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

Treasurer and executive review the return before filing

Form 990, Page 6, Part VI, Line 15A

YES

Form 990, Page 6, Part VI, Line 19

Documents are available at the corporate offices for inspection

Filing and Contact Details

Filer

EIN
04-3338308
Phone
5084200780

Signing Officer

Name
Richard Largay
Title
President
Phone
5084200780
Signed
2014-02-11

Organization Details

Principal Officer
Lindsey B Counsell
Formed
1996
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
11

Preparer

Preparer
James F Bogle
Phone
5083628123
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Appreciation of security values 0

Form 990, Part XI, Line 9

Appreciation of security values 217,178

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IRS990/PayrollTaxesGrp/TotalAmt014621
IRS990/PensionPlanContributionsGrp/FundraisingAmt01925
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03529
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010589
IRS990/PensionPlanContributionsGrp/TotalAmt016043
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0934700
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05421
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09904
IRS990/PrincipalOfficerNm0LINDSEY B COUNSELL
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0291726
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt013000
IRS990/PYInvestmentIncomeAmt041185
IRS990/PYOtherExpensesAmt0179965
IRS990/PYProgramServiceRevenueAmt017465
IRS990/PYRevenuesLessExpensesAmt0-15130
IRS990/PYSalariesCompEmpBnftPaidAmt0172541
IRS990/PYTotalExpensesAmt0365506
IRS990/PYTotalRevenueAmt0350376
IRS990/ReconcilationRevenueExpnssAmt0-66556
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt088130
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0115767
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0468611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0291726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0303139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0189696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0372041
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01625213
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016627
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt021292
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021033
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021857
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt022207
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0103016
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt026104
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61320
IRS990ScheduleA/PublicSupportPY170Pct00.54010
IRS990ScheduleA/PublicSupportTotal170Amt01059778
IRS990ScheduleA/SubstantialContributorsTotAmt0565435
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0468611
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01625213
IRS990ScheduleA/TotalSupportAmt01728229
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/LandGrp/BookValueAmt0934700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0934700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED WAGES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0934700
IRS990ScheduleD/TotalLiabilityAmt04892
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt030283
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026104
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026104
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026104
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026104
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0MISC FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4179
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030283
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt030283
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt07500
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10MASSACHUSETTS AUDUBON
IRS990ScheduleI/RecipientTable/RecipientEIN0042104702
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER AND EXECUTIVE REVIEW THE RETURN BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE AT THE CORPORATE OFFICES FOR INSPECTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3APPRECIATION OF SECURITY VALUES 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4APPRECIATION OF SECURITY VALUES 217,178
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsBOYAmt02218480
IRS990/TotalAssetsEOYAmt02346130
IRS990/TotalAssetsGrp/BOYAmt02218480
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0468611
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt059046
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052086
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0451421
IRS990/TotalFunctionalExpensesGrp/TotalAmt0562553
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt041508
IRS990/TotalLiabilitiesEOYAmt018536
IRS990/TotalLiabilitiesGrp/BOYAmt041508
IRS990/TotalLiabilitiesGrp/EOYAmt018536
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02176972
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02327594
IRS990/TotalProgramServiceExpensesAmt0451421
IRS990/TotalRevenueGrp/ExclusionAmt016627
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014938
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0495997
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02218480
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02346130
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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