Waterford Association Incorporated

990EZ • Fiscal year 2014 • EIN 06-0724637

Jan 01, 2014 to Dec 31, 2014 • Filed on Feb 26, 2015

Organization Profile WWW.PLEASUREBEACHCT.ORG

P O Box 51Waterford, CT 06385

(860) 439-0299

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

12%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

Higher top officer pay than 91% of similar nonprofits.

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

2014 filings • 501(c)7 • <$500k nonprofits • Source year 2014

3.0%

Faster asset growth than 55% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

0.3%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)7 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet

Liabilities / Assets52nd percentile

Assets

$275,957

Up $8,120 (+3.0%) from 2013

Net Assets

$275,957

Up $8,120 (+3.0%) from 2013

Liabilities

Flat

Flat from 2013

Revenue And Expenses

Liabilities / Revenue52nd percentile Net Margin73rd percentile

Revenue

$67,471

Up $171 (+0.3%) from 2013

Expenses

Down

$59,351

Down $4,041 (-6.4%) from 2013

Net Income

$8,120

Up $4,212 (+108%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

Highlighted filing

2014

Assets$275,957

Liabilities$0

Net Assets$275,957

Open 2014 Filing

Operations Trend

Revenue Growth46th percentile

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

Highlighted filing

2014

Revenue$67,471

Expenses$59,351

Net Income$8,120

Open 2014 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2014 to Dec 31, 2014
Signed: Feb 26, 2015
Return Version: 2014v5.0
Gross Receipts: $67,471

Mission and Program Overview

Mission

Beach preservation & conservation

Program Services

Description	Grants	Expenses
MANANGE A BEACH FOR APPROXIMATELY 180 FAMILIES INCLUDES BEACH MAINTENANCE AND PRESERVATION PLUS LIFEGUARDS SAFETY & SECURITY	-	$50,576
SOCIAL FUNCTIONS FOR ENJOYMENT OF MEMBER FAMILIES	-	$8,775

Compensation and Service Providers

Top Officer Pay91st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
PAMELA GOURLIE	President	-	$0	-	-
DANIEL TARBELL	Vice President	-	$0	-	-
HEATHER TOYEN	Secretary	-	$0	-	-
KAREN MURPHY	Financial Secretary	-	$0	-	-
DAVID CAVASINO	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Waterford Association Inc
EIN: 06-0724637
Address: P O BOX 51, WATERFORD, CT 06385

Signing Officer

Name: David Cavasino
Title: Treasurer
Phone: 8604390299
Signed: 2015-02-26

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountADMINISTRATIVE 977BADGES & DECALS 655BEACH MAINTENANCE 2,189INSURANCE 9,526PAYROLL PROCESSING 638REAL ESTATE TAX 7,319SOCIAL EVENTS 8,775LATRINE RENTAL 899MISCELLANEOUS 56LIFEGUARD SUPPLIES 465WEBSITE EXPENSE 1,169SECURITY 3,127CAPITAL EXPENDITURES 3,530”

Raw XML Appendix107 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	DAVID CAVASINO
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8604390299
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	P O BOX 51
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	WATERFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	06385
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	117837
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	125957
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	8120
IRS990EZ/FiledScheduleAInd	0	false
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	267837
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	275957
IRS990EZ/GrossReceiptsAmt	0	67471
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	258
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	150000
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	150000
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	67213
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	267837
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	275957
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	267837
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	275957
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	3.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	PAMELA GOURLIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	DANIEL TARBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	HEATHER TOYEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	KAREN MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	DAVID CAVASINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	FINANCIAL SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501cInd	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	39325
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	BEACH PRESERVATION & CONSERVATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MANANGE A BEACH FOR APPROXIMATELY 180 FAMILIES INCLUDES BEACH MAINTENANCE AND PRESERVATION PLUS LIFEGUARDS SAFETY & SECURITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	SOCIAL FUNCTIONS FOR ENJOYMENT OF MEMBER FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	50576
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	8775
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	20026
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	59351
IRS990EZ/TotalProgramServiceExpensesAmt	0	59351
IRS990EZ/TotalRevenueAmt	0	67471
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.PLEASUREBEACHCT.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountADMINISTRATIVE 977BADGES & DECALS 655BEACH MAINTENANCE 2,189INSURANCE 9,526PAYROLL PROCESSING 638REAL ESTATE TAX 7,319SOCIAL EVENTS 8,775LATRINE RENTAL 899MISCELLANEOUS 56LIFEGUARD SUPPLIES 465WEBSITE EXPENSE 1,169SECURITY 3,127CAPITAL EXPENDITURES 3,530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other expenses Part I line 16
ReturnHeader/BuildTS	0	2016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	DAVID CAVASINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8604390299
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2015-02-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	WATERFORD ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	WATE
ReturnHeader/Filer/EIN	0	060724637
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	P O BOX 51
ReturnHeader/Filer/USAddress/CityNm	0	WATERFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CT
ReturnHeader/Filer/USAddress/ZIPCd	0	06385
ReturnHeader/ReturnTs	0	2015-02-26T16:58:17-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-01-01
ReturnHeader/TaxPeriodEndDt	0	2014-12-31
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $275,957
Liabilities: $0
Net assets: $275,957
Revenue: $67,471
Expenses: $59,351
Net income: $8,120

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$4.08	$0.08	$4.00	$1.14	$1.05	$0.09
2023Detailed filing. Detailed filing data is available for this year.	$4.01	$0.10	$3.92	$1.09	$0.92	$0.17
2022Detailed filing. Detailed filing data is available for this year.	$3.68	$0.00	$3.68	$1.03	$1.03	$0.00
2021Detailed filing. Detailed filing data is available for this year.	$3.59	$0.00	$3.59	$1.37	$0.93	$0.45
2020Detailed filing. Detailed filing data is available for this year.	$3.14	$0.00	$3.14	$1.07	$0.96	$0.11
2019Summary only. Only limited summary data is available for this year.	$3.03	$0.00		$0.86	$0.87	$0.01
2018Summary only. Only limited summary data is available for this year.	$3.04	$0.00		$0.84	$0.72	$0.12
2017Summary only. Only limited summary data is available for this year.	$2.92	$0.00		$0.80	$0.69	$0.11
2016Summary only. Only limited summary data is available for this year.	$2.81	$0.00		$0.74	$0.23	$0.51
2015Detailed filing. Detailed filing data is available for this year.	$2.70	$0.00	$2.70	$0.66	$0.71	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$2.76	$0.00	$2.76	$0.67	$0.59	$0.08
2013Detailed filing. Detailed filing data is available for this year.	$2.68	$0.00	$2.68	$0.67	$0.63	$0.04
2012Summary only. Only limited summary data is available for this year.	$2.64	$0.00		$0.66	$0.60	$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.57	$0.00	$2.57		$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.45	$0.01	$2.44		$0.58