Wilson Cove Yacht Club Inc

EIN 06-6063807 • 501(c)7 • Rowayton, CT

Profile

To promote and encourage proper utilization of marine environment boating activities.

PO Box 51Rowayton, CT 06853

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

405%

Higher net margin than 100% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2022

Higher top officer pay than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2022

-100%

Faster asset growth than 5% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

Down $33,274 (-100%) from 2021

Liabilities

No earlier filing loaded for comparison.

Net Assets

Down

Down $33,274 (-100%) from 2021

Operations

Liabilities / RevenueScore unavailable Net Margin100th percentile

Revenue

Down

-$8,222

Down $55,136 (-118%) from 2021

Expenses

Down

$25,053

Down $38,337 (-60%) from 2021

Net Income

Down

-$33,275

Down $16,799 (-102%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth5th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2022

Assets$0

Liabilities-

Net Assets$0

Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2022

Revenue-$8,222

Expenses$25,053

Net Income-$33,275

Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $0
Liabilities: -
Net assets: $0
Revenue: -$8,222
Expenses: $25,053
Net income: -$33,275

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2022Detailed filing. Detailed filing data is available for this year.	$0.00		$0.00	$8.22	$25.1	$33.3
2021Detailed filing. Detailed filing data is available for this year.	$33.3	$0.00	$33.3	$46.9	$63.4	$16.5
2020Detailed filing. Detailed filing data is available for this year.	$49.8	$0.00	$49.8	$57.0	$28.6	$28.4
2019Detailed filing. Detailed filing data is available for this year.	$21.4	$0.00	$21.4	$51.6	$56.7	$5.10
2018Detailed filing. Detailed filing data is available for this year.	$26.5	$0.00	$26.5	$54.1	$56.9	$2.78
2017Detailed filing. Detailed filing data is available for this year.	$29.3	$0.00	$29.3	$56.0	$51.5	$4.54
2016Detailed filing. Detailed filing data is available for this year.	$24.7	$0.00	$24.7	$55.2	$51.5	$3.70
2015Detailed filing. Detailed filing data is available for this year.	$21.0	$0.00	$21.0	$56.2	$57.3	$1.09
2014Detailed filing. Detailed filing data is available for this year.	$22.1	$0.00	$22.1	$51.9	$52.1	$0.23
2013Summary only. Only limited summary data is available for this year.	$22.3	$0.00		$53.8	$50.4	$3.38
2012Summary only. Only limited summary data is available for this year.	$19.0	$0.00		$51.4	$49.7	$1.64
2011Summary only. Only limited summary data is available for this year.	$17.4	$0.04		$50.6	$62.5	$12.0
2010Summary only. Only limited summary data is available for this year.	$29.3	$0.00		$49.6	$45.6	$3.98

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Nov 6, 2023
Return Version: 2022v5.0
Gross Receipts: $4,010

Mission and Program Overview

Mission

To promote and encourage proper utilization of marine environment boating activities.

Program Services

Description	Grants	Expenses
TO ORGANIZE AND PROMOTE CRUISING AND SOCIAL PROGRAMS FOR THE MEMBERS OF THE WILSON COVE YACHT CLUB.	-	-
TO ORGANIZE AND PROMOTE CRUISING AND SOCIAL PROGRAMS FOR THE MEMBERS OF THE WILSON COVE YACHT CLUB.	-	-

Compensation and Service Providers

Top Officer Pay94th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JOYCE MEURER	Co-Commodore	-	$0	-	-
CAROLA PRECHT	Co-Commodore	-	$0	-	-
TOM TOWELL	Secretary	-	$0	-	-
STEFAN PRECHT	Rear Commodo	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Wilson Cove Yacht Club Inc
EIN: 06-6063807
Phone: 2038530922
Address: PO BOX 51, ROWAYTON, CT 06853

Signing Officer

Name: Carola Precht
Title: Co-commodore
Phone: 2038538463
Signed: 2023-11-06

Preparer

Firm: Francis S Infurchia & Company LLC
Address: 45 EAST AVENUE, NORWALK, CT 06851
Preparer: Francis S Infurchia CPA
Phone: 2038527088

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 369 insurance 240 postage 82 property taxes 187 annual report & state fil 755 quartermaster 500 member dues reimbursement 12,296 contrib. To exempt orgs 4,414 non-investment depreciation 510 total 19,353”

Form 990-ez, Part II, Line 24

“Software 432 0 less accumulated depreciation 432 0 website 2,720 0 less accumulated depreciation 2,720 0 leasehold improvements 15,290 0 less accumulated depreciation 2,548 0 total 12,742 0”

Form 990-ez, Part III

“To promote and encourage proper utilization of marine environment boating activities.”

Form 990-ez, Part III, Line 31

“To organize and promote cruising and social programs for the members of the wilson cove yacht club.”

Raw XML Appendix143 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/CompensationAmt	3	0
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	TOM TOWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	STEFAN PRECHT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	CO-COMMODORE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	REAR COMMODO
IRS990EZ/OperateHospitalInd	0	false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	12742
IRS990EZ/OtherExpensesTotalAmt	0	19353
IRS990EZ/PoliticalCampaignActyInd	0	false
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IRS990EZ/ProgramServiceRevenueAmt	0	96
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO ORGANIZE AND PROMOTE CRUISING AND SOCIAL PROGRAMS FOR THE MEMBERS OF THE WILSON COVE YACHT CLUB.
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IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	25053
IRS990EZ/TotalRevenueAmt	0	-8222
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleN/AssetsDistributedInd	0	true
IRS990ScheduleN/BondsOutstandingInd	0	false
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IRS990ScheduleN/DirectorOfSuccessorInd	0	false
IRS990ScheduleN/EmployeeOfSuccessor2Ind	0	false
IRS990ScheduleN/EmployeeOfSuccessorInd	0	false
IRS990ScheduleN/LiabilitiesPaidInd	0	true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt	0	2022-09-30
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt	1	CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm	0	THE GREENS LEDGE LIGHT PRESERVATION
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt	0	PO BOX 43
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IRS990ScheduleN/RequiredToNotifyAGInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES OFFICE EXPENSES 369 INSURANCE 240 POSTAGE 82 PROPERTY TAXES 187 ANNUAL REPORT & STATE FIL 755 QUARTERMASTER 500 MEMBER DUES REIMBURSEMENT 12,296 CONTRIB. TO EXEMPT ORGS 4,414 NON-INVESTMENT DEPRECIATION 510 TOTAL 19,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	SOFTWARE 432 0 LESS ACCUMULATED DEPRECIATION 432 0 WEBSITE 2,720 0 LESS ACCUMULATED DEPRECIATION 2,720 0 LEASEHOLD IMPROVEMENTS 15,290 0 LESS ACCUMULATED DEPRECIATION 2,548 0 TOTAL 12,742 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	TO PROMOTE AND ENCOURAGE PROPER UTILIZATION OF MARINE ENVIRONMENT BOATING ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO ORGANIZE AND PROMOTE CRUISING AND SOCIAL PROGRAMS FOR THE MEMBERS OF THE WILSON COVE YACHT CLUB.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
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ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
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