Civic Intelligence

Nantucket Shellfish Association Inc.

990EZ • Fiscal year 2017 • EIN 06-1684351

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 30, 2018

PO Box 604Nantucket, MA 02554

(508) 325-7753

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.01x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

88%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$259,004

Up $44,883 (+21%) from 2016

Net Assets

Up

$257,811

Up $43,690 (+20%) from 2016

Liabilities

Up

$1,193

Up $1,193 from 2016

Revenue

Up

$157,375

Up $73,546 (+88%) from 2016

Expenses

Up

$112,256

Up $48,799 (+77%) from 2016

Net Income

Up

$45,119

Up $24,747 (+121%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $57,482Net Assets 2010: $57,4822010Assets 2011: $89,129Net Assets 2011: $89,1292011Assets 2012: $142,421Net Assets 2012: $142,4212012Assets 2013: $131,483Liabilities 2013: $0Net Assets 2013: $131,4832013Assets 2014: $138,736Liabilities 2014: $0Net Assets 2014: $138,7362014Assets 2015: $193,749Liabilities 2015: $0Net Assets 2015: $193,7492015Assets 2016: $214,121Liabilities 2016: $0Net Assets 2016: $214,1212016Assets 2017: $259,004Liabilities 2017: $1,193Net Assets 2017: $257,8112017Assets 2018: $308,337Liabilities 2018: $490Net Assets 2018: $307,8472018Assets 2019: $322,212Liabilities 2019: $75Net Assets 2019: $322,1372019Assets 2020: $309,570Liabilities 2020: $6,824Net Assets 2020: $302,7462020Assets 2021: $413,967Liabilities 2021: $0Net Assets 2021: $413,9672021Assets 2022: $525,651Liabilities 2022: $0Net Assets 2022: $525,6512022Assets 2023: $666,835Liabilities 2023: $4,410Net Assets 2023: $662,4252023Assets 2024: $714,879Liabilities 2024: $24,053Net Assets 2024: $690,8262024

Highlighted filing

2017

Assets$259,004
Liabilities$1,193
Net Assets$257,811

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $86,507Expenses 2010: $71,298Net Income 2010: $15,2092010Revenue 2011: $47,754Expenses 2011: $16,107Net Income 2011: $31,6472011Revenue 2012: $104,959Expenses 2012: $51,667Net Income 2012: $53,2922012Revenue 2013: $63,786Expenses 2013: $74,724Net Income 2013: -$10,9382013Revenue 2014: $72,894Expenses 2014: $65,641Net Income 2014: $7,2532014Revenue 2015: $113,640Expenses 2015: $58,627Net Income 2015: $55,0132015Revenue 2016: $83,829Expenses 2016: $63,457Net Income 2016: $20,3722016Revenue 2017: $157,375Expenses 2017: $112,256Net Income 2017: $45,1192017Revenue 2018: $132,933Expenses 2018: $82,897Net Income 2018: $50,0362018Revenue 2019: $119,042Expenses 2019: $104,752Net Income 2019: $14,2902019Revenue 2020: $124,024Expenses 2020: $143,415Net Income 2020: -$19,3912020Revenue 2021: $211,402Expenses 2021: $101,681Net Income 2021: $109,7212021Revenue 2022: $265,208Expenses 2022: $153,524Net Income 2022: $111,6842022Revenue 2023: $372,864Expenses 2023: $236,090Net Income 2023: $136,7742023Revenue 2024: $419,352Expenses 2024: $390,951Net Income 2024: $28,4012024

Highlighted filing

2017

Revenue$157,375
Expenses$112,256
Net Income$45,119
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 30, 2018
Return Version
2017v2.3
Gross Receipts
$199,113
Mission and Program Overview

Mission

Research and education for the conservation and enhancement of shellfish populations in the waters of nantucket island.

Program Services

DescriptionGrantsExpenses
SHELLFISH PROPAGATION AND MANAGEMENT RESEARCH$85,051$112,256
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELANIE KOTALACDirector-$0--
MARY-ADAIR MACAIREDirector-$0--
PETER MORRISONSecretary-$0--
RON SHEPHERDDirector-$0--
FRANK DUTRADirector-$0--
KEVIN KUESTERPresident-$0--
MARTIN MCKERROWTreasurer-$0--
CARL SJOLUNDVice President-$0--
PHILLIP G SMITHDirector-$0--
EDWARD WIGHTDirector-$0--
ANDY LOWELLDirector-$0--
RICHARD PETERSONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scalloper Ball$123,869$53,297$23,318$29,979
Total Events$123,869$53,297$41,738$11,559
Filing and Contact Details

Filer

Filer Name
Nantucket Shellfish Association Inc
EIN
06-1684351
Phone
5083257753
Address
PO BOX 604, NANTUCKET, MA 02554

Signing Officer

Name
Martin Mckerrow
Title
Treasurer
Phone
5083257753
Signed
2018-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Bollus Lynch Llp
Address
89 SHREWSBURY STREET, WORCESTER, MA 01604
Preparer
Barbara E King
Phone
5087557107
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 382.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 607. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 607.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant. Grantee name: town of nantucket. Grantee address: 16 broad street nantucket, ma 02554. Grantee relationship: none. Property description: equipment for boathouse. Date of gift: 03/01/17. Amount given: 35,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant . Grantee name: northeastern university. Grantee address: 360 huntington ave boston, ma 02115. Grantee relationship: none. Date of gift: 06/22/17. Amount given: 22,577.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarship. Grantee name: massachusetts maritime academy. Grantee address: 101 academy drive buzzards bay, ma 02532. Grantee relationship: none. Date of gift: 01/05/17. Amount given: 6,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarship. Grantee name: university of florida. Grantee address: po box 114025 gainsville, fl 32611. Grantee relationship: none. Date of gift: 08/14/17. Amount given: 5,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant. Grantee name: maria mitchell association. Grantee address: 4 vestal street nantucket, ma 02554. Grantee relationship: none. Date of gift: 05/18/17. Amount given: 7,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: grant in kind. Grantee name: aquaculltural research corp.. Grantee address: 99 chapin beach road dennis, ma 02638. Grantee relationship: none. Property description: seed purchase. Date of gift: 01/07/17. Amount given: 5,984.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: sponsorship-state of the harbor forum. Grantee name: nantucket land council. Grantee address: po box 502 nantucket, ma 02554. Grantee relationship: none. Date of gift: 07/05/17. Amount given: 2,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: masie cocker scholarship. Grantee name: cape cod collaborative. Grantee address: 418 bumps river road osterville, ma 02655. Grantee relationship: none. Date of gift: 05/18/17. Amount given: 990. Total included on form 990-ez, line 10: 85,051.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: credit card fees. Amount: 1,166. Description: marketing/branding. Amount: 1,218. Description: website expenses. Amount: 1,587. Description: supplies. Amount: 103. Description: dues. Amount: 133. Description: filing fees. Amount: 70. Description: annual meeting. Amount: 1,368. Description: miscellaneous. Amount: 877. Description: education and outreach. Amount: 2,415. Total to form 990-ez, line 16: 8,937.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 0. End of year amount: 6,009.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: . Beg. Of year amount: 0. End of year amount: 1,193.

Raw XML Appendix271 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/TitleTxt4DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0RESEARCH AND EDUCATION FOR THE CONSERVATION AND ENHANCEMENT OF SHELLFISH POPULATIONS IN THE WATERS OF NANTUCKET ISLAND.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 382.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 607. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 607.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: TOWN OF NANTUCKET. GRANTEE ADDRESS: 16 BROAD STREET NANTUCKET, MA 02554. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: EQUIPMENT FOR BOATHOUSE. DATE OF GIFT: 03/01/17. AMOUNT GIVEN: 35,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: GRANT . GRANTEE NAME: NORTHEASTERN UNIVERSITY. GRANTEE ADDRESS: 360 HUNTINGTON AVE BOSTON, MA 02115. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 06/22/17. AMOUNT GIVEN: 22,577.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: MASSACHUSETTS MARITIME ACADEMY. GRANTEE ADDRESS: 101 ACADEMY DRIVE BUZZARDS BAY, MA 02532. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 01/05/17. AMOUNT GIVEN: 6,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: UNIVERSITY OF FLORIDA. GRANTEE ADDRESS: PO BOX 114025 GAINSVILLE, FL 32611. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 08/14/17. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: MARIA MITCHELL ASSOCIATION. GRANTEE ADDRESS: 4 VESTAL STREET NANTUCKET, MA 02554. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 05/18/17. AMOUNT GIVEN: 7,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: GRANT IN KIND. GRANTEE NAME: AQUACULLTURAL RESEARCH CORP.. GRANTEE ADDRESS: 99 CHAPIN BEACH ROAD DENNIS, MA 02638. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: SEED PURCHASE. DATE OF GIFT: 01/07/17. AMOUNT GIVEN: 5,984.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITY CLASSIFICATION: SPONSORSHIP-STATE OF THE HARBOR FORUM. GRANTEE NAME: NANTUCKET LAND COUNCIL. GRANTEE ADDRESS: PO BOX 502 NANTUCKET, MA 02554. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 07/05/17. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACTIVITY CLASSIFICATION: MASIE COCKER SCHOLARSHIP. GRANTEE NAME: CAPE COD COLLABORATIVE. GRANTEE ADDRESS: 418 BUMPS RIVER ROAD OSTERVILLE, MA 02655. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 05/18/17. AMOUNT GIVEN: 990. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 85,051.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION: CREDIT CARD FEES. AMOUNT: 1,166. DESCRIPTION: MARKETING/BRANDING. AMOUNT: 1,218. DESCRIPTION: WEBSITE EXPENSES. AMOUNT: 1,587. DESCRIPTION: SUPPLIES. AMOUNT: 103. DESCRIPTION: DUES. AMOUNT: 133. DESCRIPTION: FILING FEES. AMOUNT: 70. DESCRIPTION: ANNUAL MEETING. AMOUNT: 1,368. DESCRIPTION: MISCELLANEOUS. AMOUNT: 877. DESCRIPTION: EDUCATION AND OUTREACH. AMOUNT: 2,415. TOTAL TO FORM 990-EZ, LINE 16: 8,937.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,009.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DESCRIPTION: . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,193.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.11.10.178
ReturnHeader/FilingSecurityInformation/IPDt02018-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:38:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043037870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLLUS LYNCH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt089 SHREWSBURY STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001604
ReturnHeader/PreparerPersonGrp/PhoneNum05087557107
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA E KING
ReturnHeader/ReturnTs02018-11-13T10:24:15-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.24$6.91$4.19$3.91$0.28
2023Detailed filing. Detailed filing data is available for this year.$6.67$0.04$6.62$3.73$2.36$1.37
2022Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$2.65$1.54$1.12
2021Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$2.11$1.02$1.10
2020Detailed filing. Detailed filing data is available for this year.$3.10$0.07$3.03$1.24$1.43$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$1.19$1.05$0.14
2018Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$1.33$0.83$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.59$0.01$2.58$1.57$1.12$0.45
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.84$0.63$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.14$0.59$0.55
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.73$0.66$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.64$0.75$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$1.42$1.05$0.52$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.89$0.48$0.16$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.57$0.87$0.71$0.15