Civic Intelligence

Park and Recreation Association of Sag Harbor New York Inc.

990 • Fiscal year 2016 • EIN 11-1169424

Mar 01, 2015 to Feb 29, 2016 • Filed on Jun 02, 2016

PO Box 1653Sag Harbor, NY 11963

(631) 725-3051

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

37th percentile

0.01x

Higher debt load relative to revenue than 37% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Net Margin

79th percentile

15%

Higher net margin than 79% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

68th percentile

$200

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Asset Growth

58th percentile

5.0%

Faster asset growth than 58% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

9.2%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$872,445

Up $41,933 (+5.0%) from 2015

Net Assets

Up

$870,444

Up $42,727 (+5.2%) from 2015

Liabilities

Down

$2,001

Down $794 (-28%) from 2015

Revenue

Up

$283,603

Up $23,882 (+9.2%) from 2015

Expenses

Down

$240,876

Down $26,789 (-10%) from 2015

Net Income

Up

$42,727

Up $50,671 (+638%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $792,874Liabilities 2010: $2,012Net Assets 2010: $790,8622010Assets 2011: $821,830Liabilities 2011: $2,361Net Assets 2011: $819,4692011Assets 2012: $816,219Liabilities 2012: $1,392Net Assets 2012: $814,8272012Assets 2013: $831,632Liabilities 2013: $1,538Net Assets 2013: $830,0942013Assets 2014: $837,653Liabilities 2014: $1,992Net Assets 2014: $835,6612014Assets 2015: $830,512Liabilities 2015: $2,795Net Assets 2015: $827,7172015Assets 2016: $872,445Liabilities 2016: $2,001Net Assets 2016: $870,4442016Assets 2017: $921,090Liabilities 2017: $1,122Net Assets 2017: $919,9682017Assets 2018: $1,065,302Liabilities 2018: $1,882Net Assets 2018: $1,063,4202018Assets 2019: $1,307,613Liabilities 2019: $151,695Net Assets 2019: $1,155,9182019Assets 2020: $1,259,767Liabilities 2020: $48,511Net Assets 2020: $1,211,2562020Assets 2021: $1,470,333Liabilities 2021: $138,562Net Assets 2021: $1,331,7712021Assets 2022: $1,505,709Liabilities 2022: $54,779Net Assets 2022: $1,450,9302022Assets 2023: $1,556,838Liabilities 2023: $3,748Net Assets 2023: $1,553,0902023Assets 2024: $1,617,928Liabilities 2024: $8,896Net Assets 2024: $1,609,0322024Assets 2025: $1,581,614Liabilities 2025: $575Net Assets 2025: $1,581,0392025

Highlighted filing

2016

Assets$872,445
Liabilities$2,001
Net Assets$870,444

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $239,658Expenses 2010: $237,041Net Income 2010: $2,6172010Expenses 2011: $222,8132011Expenses 2012: $266,9012012Revenue 2013: $262,693Expenses 2013: $247,426Net Income 2013: $15,2672013Revenue 2014: $265,790Expenses 2014: $260,223Net Income 2014: $5,5672014Revenue 2015: $259,721Expenses 2015: $267,665Net Income 2015: -$7,9442015Revenue 2016: $283,603Expenses 2016: $240,876Net Income 2016: $42,7272016Revenue 2017: $307,608Expenses 2017: $258,084Net Income 2017: $49,5242017Revenue 2018: $394,150Expenses 2018: $250,698Net Income 2018: $143,4522018Revenue 2019: $388,372Expenses 2019: $295,874Net Income 2019: $92,4982019Revenue 2020: $374,949Expenses 2020: $319,611Net Income 2020: $55,3382020Revenue 2021: $438,952Expenses 2021: $320,785Net Income 2021: $118,1672021Revenue 2022: $474,480Expenses 2022: $355,321Net Income 2022: $119,1592022Revenue 2023: $481,426Expenses 2023: $381,020Net Income 2023: $100,4062023Revenue 2024: $462,497Expenses 2024: $406,555Net Income 2024: $55,9422024Revenue 2025: $477,236Expenses 2025: $505,229Net Income 2025: -$27,9932025

Highlighted filing

2016

Revenue$283,603
Expenses$240,876
Net Income$42,727
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jun 2, 2016
Return Version
2015v2.1
Gross Receipts
$283,603
Mission and Program Overview

Mission

Physical and mental development of children

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$556,835$521,444▼ $35,391
Savings and Temporary Cash Investments$257,194$195,672▼ $61,522
Cash and Non-Interest-Bearing Accounts$16,483$155,329▲ $138,846
Total Assets$830,512$872,445▲ $41,933
Liabilities
Accounts Payable and Accrued Expenses$1,795$1,001▼ $794
Other Liabilities$1,000$1,000→ $0
Total Liabilities$2,795$2,001▼ $794
Net Assets / Fund Balance
Unrestricted Net Assets$827,717$870,444▲ $42,727
Total Net Assets Fund Balance$827,717$870,444▲ $42,727
Total Liabilities and Net Assets / Fund Balance$830,512$872,445▲ $41,933

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$284,958$424,381$709,339
Land$236,486-$236,486
Compensation and Service Providers

Employees

NameTitleBaseTotal
Katherine R MccrossonDirector$200$200
Michele YardleySecretary$100$100

Board Members and Trustees

NameTitle
Gregg SchiavoniPresident
Chris TiceDirector
Jean IrvineDirector
Kelly KunzemanDirector
Linley WhelanDirector
Mary ChurchillDirector
Robert SteinDirector
Shelly CottrellDirector
Judith LattanzioTreasurer
Janine RayanoVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$6,025
Program Service Revenue
$277,038
Investment Income
$540
Other Revenue
$0
All Other Contributions
$6,025
Change in Net Assets
$42,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,466
Other Expenses$107,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,330--$92,330
Depreciation Depletion$38,974--$38,974
Other Employee Benefits$31,344--$31,344
All Other Expenses$12,347$5,011-$17,358
Occupancy$13,334--$13,334
Payroll Taxes$9,792--$9,792
Other Expenses$4,550$1,565-$4,550
Fees for Services Accounting-$1,625-$1,625
Conferences and Meetings-$1,213-$1,213
Advertising$950--$950
Fees for Services Management-$300-$300
Total Functional Expenses$231,162$9,714$0$240,876
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit/rental$1,000
.-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
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

Reviewed with officers and subsequent approval by board.

Form 990, Page 6, Part VI, Line 12C

Discussion with board at april meeting to review annual budget.

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

Review by officers of organization and subsequently approved by board.

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

Review by officers of organization and subsequent approval by board.

Form 990, Page 6, Part VI, Line 19

Documents made available to the public on request.

Filing and Contact Details

Filer

Filer Name
Park & Recreation Association
EIN
11-1169424
Phone
6317253051
Address
PO BOX 1653, SAG HARBOR, NY 11963

Signing Officer

Name
Judith Lattanzio
Title
Treasurer
Phone
6317253051
Signed
2016-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregg Schiavoni
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
4

Preparer

Firm
Banducci Katz & Ferraris Llp
Address
PO BOX 1168 - 108 MAIN STREET, SAG HARBOR, NY 11963
Preparer
Gregory Ferraris
Phone
6317250145
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SEE 1ST ACHIEVEMENT

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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0257194
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0195672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06025
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0572
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0827
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02540
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0259578
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96010
IRS990ScheduleA/PublicSupportPY170Pct00.97050
IRS990ScheduleA/PublicSupportTotal170Amt0857422
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0174038
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0169792
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0166464
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0163200
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0160000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0833494
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0180063
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174542
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0171867
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0167700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0163250
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01487
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt05042
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt09744
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt033063
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0236486
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0236486
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0284958
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0424381
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0709339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT/RENTAL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0521444
IRS990ScheduleD/TotalLiabilityAmt01000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE 1ST ACHIEVEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED WITH OFFICERS AND SUBSEQUENT APPROVAL BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSION WITH BOARD AT APRIL MEETING TO REVIEW ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW BY OFFICERS OF ORGANIZATION AND SUBSEQUENTLY APPROVED BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW BY OFFICERS OF ORGANIZATION AND SUBSEQUENT APPROVAL BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS MADE AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0872445
IRS990/TotalAssetsGrp/BOYAmt0830512
IRS990/TotalAssetsGrp/EOYAmt0872445
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IRS990/TotalContributionsAmt06025
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09714
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0231162
IRS990/TotalFunctionalExpensesGrp/TotalAmt0240876
IRS990/TotalGrossUBIAmt018000
IRS990/TotalLiabilitiesBOYAmt02795
IRS990/TotalLiabilitiesEOYAmt02001
IRS990/TotalLiabilitiesGrp/BOYAmt02795
IRS990/TotalLiabilitiesGrp/EOYAmt02001
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0827717
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0870444
IRS990/TotalProgramServiceExpensesAmt0231162
IRS990/TotalProgramServiceRevenueAmt0277038
IRS990/TotalReportableCompFromOrgAmt0300
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0259578
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0283603
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt018000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0830512
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0872445
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0827717
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0870444
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDITH LATTANZIO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06317253051
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARK & RECREATION ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF SAG HARBOR INC
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0111169424
ReturnHeader/Filer/PhoneNum06317253051
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1653
ReturnHeader/Filer/USAddress/CityNm0SAG HARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011963
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113487667
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BANDUCCI KATZ & FERRARIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1168 - 108 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAG HARBOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011963

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.00$1.58$0.48$0.51$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.62$0.01$1.61$0.46$0.41$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.55$0.48$0.38$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.05$1.45$0.47$0.36$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.14$1.33$0.44$0.32$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.05$1.21$0.37$0.32$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.15$1.16$0.39$0.30$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.06$0.39$0.25$0.14
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.31$0.26$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.28$0.24$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.26$0.27$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.27$0.26$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.26$0.25$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.81$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.00$0.82$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.24$0.24$0.00
Peer Organizations

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