Sasquanaug Association for Southport Improvement Inc.

990 • Fiscal year 2013 • EIN 06-0632472

Jun 01, 2012 to May 31, 2013 • Filed on Jul 15, 2013

Organization Profile WWW.SASQUANAUG.COM

PO Box 471Southport, CT 06890-0471

Siviq Scores

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

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Source year 2013

0.05x

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

2013 filings • 501(c)4 • <$500k nonprofits • Source year 2013

-82%

Higher net margin than 4% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-9.8%

Faster asset growth than 24% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Annualized from 2012 to 2013

-1.5%

Faster revenue growth than 44% of similar nonprofits.

2013 filings • 501(c)4 • <$500k nonprofits • Annualized from 2011 to 2013

Balance Sheet

Liabilities / Assets62nd percentile

Assets

Down

$499,524

Down $54,175 (-9.8%) from 2012

Net Assets

Down

$495,924

Down $54,175 (-9.8%) from 2012

Liabilities

Flat

$3,600

Flat from 2012

Revenue And Expenses

Liabilities / Revenue74th percentile Net Margin4th percentile

Revenue

$66,274

No earlier filing loaded for comparison.

Expenses

Down

$120,449

Down $16,396 (-12%) from 2012

Net Income

-$54,175

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

Highlighted filing

2013

Assets$499,524

Liabilities$3,600

Net Assets$495,924

Open 2013 Filing

Operations Trend

Revenue Growth44th percentile

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

Highlighted filing

2013

Revenue$66,274

Expenses$120,449

Net Income-$54,175

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jun 1, 2012 to May 31, 2013
Signed: Jul 15, 2013
Return Version: 2012v2.3
Gross Receipts: $66,274

Mission and Program Overview

Mission

To receive, acquire, hold and administer real and personal property for improving and beautifiying the village of southport connecticut.

Major Activities

Activity 2: Maintain and improve southport park and other properties.
Activity 3: Sea lodge park-operating expenses of bathing facilities availabe to town residents.

Filing and Contact Details

Filer

EIN: 06-0632472

Raw XML Appendix291 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
IRS990/AccountantCompileOrReview	0	false
IRS990/ActivitiesConductedPartnership	0	false
IRS990/Activity2/Description	0	MAINTAIN AND IMPROVE SOUTHPORT PARK AND OTHER PROPERTIES.
IRS990/Activity2/Expense	0	75334
IRS990/Activity2/Grants	0	67173
IRS990/Activity3/Description	0	SEA LODGE PARK-OPERATING EXPENSES OF BATHING FACILITIES AVAILABE TO TOWN RESIDENTS.
IRS990/Activity3/Expense	0	32361
IRS990/Activity3/Revenue	0	31916
IRS990/ActivityOrMissionDescription	0	TO RECEIVE, ACQUIRE, HOLD AND ADMINISTER REAL AND PERSONAL PROPERTY FOR IMPROVING AND BEAUTIFIYING THE VILLAGE OF SOUTHPORT CONNECTICUT.
IRS990/AllOtherExpenses/ProgramServices	0	650
IRS990/AllOtherExpenses/Total	0	650
IRS990/BenefitsPaidToMembersCY	0	0
IRS990/BsnssRltnshpThruFamilyMember	0	false
IRS990/BsnssRltnshpWithOrganization	0	false
IRS990/ChangesToOrganizingDocs	0	false
IRS990/CollectionsOfArt	0	false
IRS990/CompensationFromOtherSources	0	false
IRS990/CompensationProcessCEO	0	false
IRS990/CompensationProcessOther	0	false
IRS990/ComplianceWithBackupWitholding	0	false
IRS990/ConflictOfInterestPolicy	0	false
IRS990/ConservationEasements	0	false
IRS990/ConsolidatedAuditFinancialStmt	0	false
IRS990/ContributionsGrantsCurrentYear	0	9860
IRS990/ContributionsGrantsPriorYear	0	11895
IRS990/CreditCounseling	0	false
IRS990/DecisionsSubjectToApproval	0	false
IRS990/DeductibleContributionsOfArt	0	false
IRS990/DeductibleNonCashContributions	0	false
IRS990/DelegationOfManagementDuties	0	false
IRS990/DescribedIn501C3	0	false
IRS990/Description	0	MAINTAIN THE HISTORIC ROBINSON COTTAGE AND GROUNDS FOR THE BENEFIT OF THE COMMUNITY.
IRS990/DisregardedEntity	0	false
IRS990/DocumentRetentionPolicy	0	false
IRS990/DonorAdvisedFunds	0	false
IRS990/ElectionOfBoardMembers	0	false
IRS990/ExcessBenefitTransaction	0	false
IRS990/Expense	0	4593
IRS990/FamilyOrBusinessRelationship	0	false
IRS990/FeesForServicesAccounting/ManagementAndGeneral	0	2000
IRS990/FeesForServicesAccounting/Total	0	2000
IRS990/FollowSFAS117	0	X
IRS990/ForeignActivities	0	false
IRS990/ForeignFinancialAccount	0	false
IRS990/ForeignGrants/ProgramServices	0	67173
IRS990/ForeignGrants/Total	0	67173
IRS990/ForeignOffice	0	false
IRS990/Form990PartVIISectionA/NamePerson	0	P J ANTHONY
IRS990/Form990PartVIISectionA/NamePerson	1	GEORGE RUSSELL
IRS990/Form990PartVIISectionA/NamePerson	2	PAUL LIKINS
IRS990/Form990PartVIISectionA/NamePerson	3	DENISE CARON QUINN
IRS990/Form990PartVIISectionA/NamePerson	4	LUCY ROBERTS
IRS990/Form990PartVIISectionA/NamePerson	5	PHILIP MURPHY
IRS990/Form990PartVIISectionA/Officer	0	X
IRS990/Form990PartVIISectionA/Officer	1	X
IRS990/Form990PartVIISectionA/Officer	2	X
IRS990/Form990PartVIISectionA/Officer	3	X
IRS990/Form990PartVIISectionA/Officer	4	X
IRS990/Form990PartVIISectionA/Officer	5	X
IRS990/Form990PartVIISectionA/OtherCompensation	0	0
IRS990/Form990PartVIISectionA/OtherCompensation	1	0
IRS990/Form990PartVIISectionA/OtherCompensation	2	0
IRS990/Form990PartVIISectionA/OtherCompensation	3	0
IRS990/Form990PartVIISectionA/OtherCompensation	4	0
IRS990/Form990PartVIISectionA/OtherCompensation	5	0
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization	0	0
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization	1	0
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization	3	0
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization	4	0
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization	5	0
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IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs	1	0
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs	2	0
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs	3	0
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs	4	0
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs	5	0
IRS990/Form990PartVIISectionA/Title	0	SECRETARY
IRS990/Form990PartVIISectionA/Title	1	PRESIDENT
IRS990/Form990PartVIISectionA/Title	2	TREASURER
IRS990/Form990PartVIISectionA/Title	3	ASST. SECRET
IRS990/Form990PartVIISectionA/Title	4	VICE-PRESIDE
IRS990/Form990PartVIISectionA/Title	5	ASST. TREASU
IRS990/Form990ProvidedToGoverningBody	0	false
IRS990/FormersListed	0	false
IRS990/FSAudited	0	false
IRS990/FundraisingActivities	0	false
IRS990/Gaming	0	false
IRS990/GrantsAndSimilarAmntsCY	0	67173
IRS990/GrantsAndSimilarAmntsPriorYear	0	78071
IRS990/GrantsToIndividuals	0	false
IRS990/GrantsToOrganizations	0	false
IRS990/GrantToRelatedPerson	0	false
IRS990/GrossReceipts	0	66274
IRS990/GroupReturnForAffiliates	0	false
IRS990/Hospital	0	false
IRS990/IndependentAuditFinancialStmt	0	false
IRS990/IndoorTanningServices	0	false
IRS990/InfoInScheduleOPartVI	0	X
IRS990/Insurance/ManagementAndGeneral	0	5663
IRS990/Insurance/ProgramServices	0	6360
IRS990/Insurance/Total	0	12023
IRS990/InvestmentIncomeCurrentYear	0	1498
IRS990/InvestmentIncomePriorYear	0	2502
IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome	0	1498
IRS990/InvestmentIncome/TotalRevenueColumn	0	1498
IRS990/InvestmentInJointVenture	0	false
IRS990/LandBuildingsEquipmentBasis	0	148878
IRS990/LandBuildingsEquipmentBasisNet/BOY	0	148878
IRS990/LandBuildingsEquipmentBasisNet/EOY	0	148878
IRS990/LoanToOfficerOrDQP	0	false
IRS990/LocalChapters	0	false
IRS990/MaterialDiversionOrMisuse	0	false
IRS990/MembershipDues	0	9860
IRS990/MembersOrStockholders	0	false
IRS990/MethodOfAccountingCash	0	X
IRS990/MinutesOfCommittees	0	true
IRS990/MinutesOfGoverningBody	0	true
IRS990/MissionDescription	0	TO RECEIVE, ACQUIRE, HOLD AND ADMINISTER REAL AND PERSONAL PROPERTY FOR IMPROVING AND BEAUTIFIYING THE VILLAGE OF SOUTHPORT CONNECTICUT.
IRS990/MoreThan5000KToIndividuals	0	false
IRS990/MoreThan5000KToOrganizations	0	true
IRS990/NbrIndependentVotingMembers	0	0
IRS990/NbrVotingGoverningBodyMembers	0	5
IRS990/NbrVotingMembersGoverningBody	0	5
IRS990/NetAssetsOrFundBalancesBOY	0	550099
IRS990/NetAssetsOrFundBalancesEOY	0	495924
IRS990/NoListedPersonsCompensated	0	X
IRS990/NonDeductibleContributions	0	false
IRS990/NumberFormsTransmittedWith1096	0	0
IRS990/NumberIndependentVotingMembers	0	0
IRS990/NumberOfEmployees	0	0
IRS990/NumberW2GIncluded	0	0
IRS990/OfficeExpenses/ManagementAndGeneral	0	498
IRS990/OfficeExpenses/ProgramServices	0	1384
IRS990/OfficeExpenses/Total	0	1882
IRS990/OfficerEntityWithBsnssRltnshp	0	false
IRS990/OfficerMailingAddress	0	false
IRS990/Organization501c	0	X
IRS990/OtherExpensePriorYear	0	51946
IRS990/OtherExpensesCurrentYear	0	45327
IRS990/OtherExpenses/Description	0	REPAIR AND MAINTENANCE
IRS990/OtherExpenses/Description	1	REAL ESTATE TAXES
IRS990/OtherExpenses/Description	2	UTILITIES
IRS990/OtherExpenses/Description	3	SUPPLIES
IRS990/OtherExpenses/ProgramServices	0	19443
IRS990/OtherExpenses/ProgramServices	1	7010
IRS990/OtherExpenses/ProgramServices	2	1348
IRS990/OtherExpenses/ProgramServices	3	971
IRS990/OtherExpenses/Total	0	19443
IRS990/OtherExpenses/Total	1	7010
IRS990/OtherExpenses/Total	2	1348
IRS990/OtherExpenses/Total	3	971
IRS990/OtherLiabilities/BOY	0	3600
IRS990/OtherLiabilities/EOY	0	3600
IRS990/OtherRevenueCurrentYear	0	54916
IRS990/OtherRevenueMisc/Description	0	LOCKER,BOAT AND GUEST FEES
IRS990/OtherRevenueMisc/Description	1	RENT
IRS990/OtherRevenueMisc/Description	2	MISC INCOME
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome	0	31895
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome	1	22300
IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome	2	721
IRS990/OtherRevenueMisc/TotalRevenueColumn	0	31895
IRS990/OtherRevenueMisc/TotalRevenueColumn	1	22300
IRS990/OtherRevenueMisc/TotalRevenueColumn	2	721
IRS990/OtherRevenuePriorYear	0	50365
IRS990/OtherSalariesAndWages/ProgramServices	0	7949
IRS990/OtherSalariesAndWages/Total	0	7949
IRS990/PartialLiquidation	0	false
IRS990/PoliticalActivities	0	false
IRS990/PriorExcessBenefitTransaction	0	false
IRS990/ProfessionalFundraising	0	false
IRS990/ProgramServiceRevenueCY	0	0
IRS990/ProhibitedTaxShelterTrans	0	false
IRS990/ReconcilationRevenueExpenses	0	-54175
IRS990/RelatedEntity	0	false
IRS990/RelatedOrgControlledEntity	0	false
IRS990/ReportFin48Footnote	0	false
IRS990/ReportInvestOthSecurities	0	false
IRS990/ReportLandBldgEquip	0	true
IRS990/ReportOtherAssets	0	false
IRS990/ReportOtherLiabilities	0	true
IRS990/ReportProgRelInvest	0	false
IRS990/Revenue	0	22300
IRS990/RevenuesLessExpensesCY	0	-54175
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IRS990/SalariesEtcCurrentYear	0	7949
IRS990/SalariesEtcPriorYear	0	6828
IRS990/SavingsAndTempCashInvestments/BOY	0	404821
IRS990/SavingsAndTempCashInvestments/EOY	0	350646
IRS990/ScheduleBRequired	0	false
IRS990ScheduleD/Buildings/BookValue	0	148878
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis	0	148878
IRS990ScheduleD/OtherLiabilities/Amount	0	3600
IRS990ScheduleD/OtherLiabilities/Description	0	RENT DEPOSIT
IRS990ScheduleD/OtherLiabilities/Description	1	PREPAID INCOME
IRS990ScheduleD/TotalOfAmounts	0	3600
IRS990ScheduleD/TotalOfBookValueLandBuildings	0	148878
IRS990ScheduleF/BoycottCountries	0	false
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IRS990ScheduleF/InterestInForeignTrust	0	false
IRS990ScheduleF/OwnForeignCorp	0	false
IRS990ScheduleF/PassiveForeignInvestCo	0	false
IRS990ScheduleF/TransferToForeignCorp	0	false
IRS990/ScheduleJRequired	0	false
IRS990ScheduleO/GeneralExplanation/Explanation	0	NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/GeneralExplanation/Explanation	1	FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/GeneralExplanation/Identifier	0	ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier	1	GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
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IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990, PAGE 6, PART VI, LINE 19
IRS990/ScheduleORequired	0	false
IRS990/School	0	false
IRS990/SignificantChange	0	false
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IRS990/StateLegalDomicile	0	CT
IRS990/SubjectToProxyTax	0	false
IRS990/TaxablePartyNotification	0	false
IRS990/TaxExemptBonds	0	false
IRS990/Terminated	0	false
IRS990/TermOrPermanentEndowments	0	false
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IRS990/TheBooksAreInCareOf/AddressUS/City	0	SOUTHPORT
IRS990/TheBooksAreInCareOf/AddressUS/State	0	CT
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode	0	06890
IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	MR PAUL LIKINS
IRS990/TheBooksAreInCareOf/TelephoneNumber	0	2032551231
IRS990/TotalAssets/BOY	0	553699
IRS990/TotalAssetsBOY	0	553699
IRS990/TotalAssets/EOY	0	499524
IRS990/TotalAssetsEOY	0	499524
IRS990/TotalCompGT150K	0	false
IRS990/TotalContributions	0	9860
IRS990/TotalExpensesCurrentYear	0	120449
IRS990/TotalExpensesPriorYear	0	136845
IRS990/TotalFunctionalExpenses/Fundraising	0	0
IRS990/TotalFunctionalExpenses/ManagementAndGeneral	0	8161
IRS990/TotalFunctionalExpenses/ProgramServices	0	112288
IRS990/TotalFunctionalExpenses/Total	0	120449
IRS990/TotalFundrsngExpCurrentYear	0	0
IRS990/TotalGrossUBI	0	0
IRS990/TotalLiabilities/BOY	0	3600
IRS990/TotalLiabilitiesBOY	0	3600
IRS990/TotalLiabilities/EOY	0	3600
IRS990/TotalLiabilitiesEOY	0	3600
IRS990/TotalLiabNetAssetsFundBalances/BOY	0	553699
IRS990/TotalLiabNetAssetsFundBalances/EOY	0	499524
IRS990/TotalNbrEmployees	0	0
IRS990/TotalNetAssetsFundBalances/BOY	0	550099
IRS990/TotalNetAssetsFundBalances/EOY	0	495924
IRS990/TotalOtherRevenue	0	54916
IRS990/TotalProfFundrsngExpCY	0	0
IRS990/TotalProgramServiceExpense	0	112288
IRS990/TotalRevenueCurrentYear	0	66274
IRS990/TotalRevenuePriorYear	0	64762
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome	0	56414
IRS990/TotalRevenue/TotalRevenueColumn	0	66274
IRS990/TypeOfOrganizationCorporation	0	X
IRS990/UnrelatedBusinessIncome	0	false
IRS990/UnrestrictedNetAssets/BOY	0	550099
IRS990/UnrestrictedNetAssets/EOY	0	495924
IRS990/WebSite	0	WWW.SASQUANAUG.COM
IRS990/WhistleblowerPolicy	0	false
IRS990/YearFormation	0	1887
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/Filer/EIN	0	060632472
ReturnHeader/Filer/Name/BusinessNameLine1	0	SASQUANAUG ASSOCIATION FOR
ReturnHeader/Filer/Name/BusinessNameLine2	0	SOUTHPORT IMPROVEMENT INC
ReturnHeader/Filer/NameControl	0	SASQ
ReturnHeader/Filer/Phone	0	2032599882
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 471
ReturnHeader/Filer/USAddress/City	0	SOUTHPORT
ReturnHeader/Filer/USAddress/State	0	CT
ReturnHeader/Filer/USAddress/ZIPCode	0	068900471
ReturnHeader/Officer/AuthorizeThirdParty	0	false
ReturnHeader/Officer/DateSigned	0	2013-07-15
ReturnHeader/Officer/Name	0	GEORGE RUSSELL
ReturnHeader/Officer/Phone	0	2032599882
ReturnHeader/Officer/Title	0	PRESIDENT
ReturnHeader/Preparer/DatePrepared	0	2013-11-13
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	PALSA PALSA LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	230 SPRUCE ST
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	SOUTHPORT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	CT
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	068901403
ReturnHeader/ReturnType	0	990
ReturnHeader/TaxPeriodBeginDate	0	2012-06-01
ReturnHeader/TaxPeriodEndDate	0	2013-05-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-15T10:14:51-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $499,524
Liabilities: $3,600
Net assets: $495,924
Revenue: $66,274
Expenses: $120,449
Net income: -$54,175

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.36	$0.04	$4.32	$0.78	$1.42	$0.65
2023Detailed filing. Detailed filing data is available for this year.	$5.00	$0.04	$4.97	$0.76	$0.51	$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.75	$0.04	$4.72	$0.74	$0.77	$0.03
2021Detailed filing. Detailed filing data is available for this year.	$4.78	$0.04	$4.75	$0.49	$0.78	$0.28
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.09	$0.04	$5.06	$0.33	$0.16	$0.17
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.93	$0.04	$4.89	$0.74	$0.49	$0.25
2018Detailed filing. Detailed filing data is available for this year.	$6.43	$1.38	$5.06	$0.83	$0.72	$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$6.03	$1.09	$4.95	$0.73	$0.67	$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.75	$0.86	$4.89	$0.80	$0.64	$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$5.17	$0.44	$4.73	$0.67	$0.76	$0.09
2014Detailed filing. Detailed filing data is available for this year.	$5.20	$0.39	$4.82	$0.71	$0.85	$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.00	$0.04	$4.96	$0.66	$1.20	$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$5.54	$0.04	$5.50		$1.37
2011Summary only. Only limited summary data is available for this year.	$6.53	$0.31	$6.22	$0.68	$0.49	$0.20