Civic Intelligence

Sheepshead Bay Yacht Club Inc

EIN 11-1321423 • 501(c)7 • Brooklyn, NY

Profile

The organization is a social club for the benefit of the surrounding community wherefees are collected to pay related club expenses.

3076 Emmons AvenueBrooklyn, NY 11235

6.162.161.79

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets85th percentile

Assets

Flat

$214,689

Flat from 2023

Liabilities

Flat

$58,788

Flat from 2023

Net Assets

Flat

$155,901

Flat from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $237,006 (-100%) from 2023

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$400K$300K$200K$100K$0Assets 2011: $295,183Liabilities 2011: $85,727Net Assets 2011: $209,4562011Assets 2012: $304,084Liabilities 2012: $79,419Net Assets 2012: $224,6652012Assets 2013: $275,160Liabilities 2013: $72,803Net Assets 2013: $202,3572013Assets 2014: $263,748Liabilities 2014: $66,464Net Assets 2014: $197,2842014Assets 2015: $216,262Liabilities 2015: $56,594Net Assets 2015: $159,6682015Assets 2016: $220,109Liabilities 2016: $44,232Net Assets 2016: $175,8772016Assets 2017: $252,729Liabilities 2017: $32,447Net Assets 2017: $220,2822017Assets 2018: $272,311Liabilities 2018: $24,918Net Assets 2018: $247,3932018Assets 2019: $311,714Liabilities 2019: $11,043Net Assets 2019: $300,6712019Assets 2020: $284,073Liabilities 2020: $6,377Net Assets 2020: $277,6962020Assets 2021: $318,554Liabilities 2021: $6,902Net Assets 2021: $311,6522021Assets 2023: $214,689Liabilities 2023: $58,788Net Assets 2023: $155,9012023Assets 2024: $214,689Liabilities 2024: $58,788Net Assets 2024: $155,9012024

Highlighted filing

2024

Assets$214,689
Liabilities$58,788
Net Assets$155,901
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $229,741Expenses 2011: $233,214Net Income 2011: -$3,4732011Revenue 2012: $254,104Expenses 2012: $238,895Net Income 2012: $15,2092012Revenue 2013: $245,905Expenses 2013: $268,213Net Income 2013: -$22,3082013Revenue 2014: $252,417Expenses 2014: $257,490Net Income 2014: -$5,0732014Revenue 2015: $210,062Expenses 2015: $247,678Net Income 2015: -$37,6162015Revenue 2016: $253,401Expenses 2016: $237,192Net Income 2016: $16,2092016Revenue 2017: $304,835Expenses 2017: $260,430Net Income 2017: $44,4052017Revenue 2018: $256,189Expenses 2018: $229,078Net Income 2018: $27,1112018Revenue 2019: $300,613Expenses 2019: $247,335Net Income 2019: $53,2782019Revenue 2020: $201,100Expenses 2020: $224,074Net Income 2020: -$22,9742020Revenue 2021: $282,433Expenses 2021: $248,477Net Income 2021: $33,9562021Revenue 2023: $237,006Expenses 2023: $267,391Net Income 2023: -$30,3852023Revenue 2024: $02024

Highlighted filing

2024

Revenue$0
Expenses-
Net Income-
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$214,689
Liabilities
$58,788
Net assets
$155,901
Revenue
$0
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.15$0.59$1.56$0.00
2023Detailed filing. Detailed filing data is available for this year.$2.15$0.59$1.56$2.37$2.67$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.19$0.07$3.12$2.82$2.48$0.34
2020Detailed filing. Detailed filing data is available for this year.$2.84$0.06$2.78$2.01$2.24$0.23
2019Summary only. Only limited summary data is available for this year.$3.12$0.11$3.01$3.01$2.47$0.53
2018Summary only. Only limited summary data is available for this year.$2.72$0.25$2.47$2.56$2.29$0.27
2017Summary only. Only limited summary data is available for this year.$2.53$0.32$2.20$3.05$2.60$0.44
2016Summary only. Only limited summary data is available for this year.$2.20$0.44$1.76$2.53$2.37$0.16
2015Summary only. Only limited summary data is available for this year.$2.16$0.57$1.60$2.10$2.48$0.38
2014Summary only. Only limited summary data is available for this year.$2.64$0.66$1.97$2.52$2.57$0.05
2013Summary only. Only limited summary data is available for this year.$2.75$0.73$2.02$2.46$2.68$0.22
2012Summary only. Only limited summary data is available for this year.$3.04$0.79$2.25$2.54$2.39$0.15
2011Summary only. Only limited summary data is available for this year.$2.95$0.86$2.09$2.30$2.33$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 15, 2025
Return Version
2023v6.0
Mission and Program Overview

Mission

The organization is a social club for the benefit of the surrounding community where fees are collected to pay related club expenses.

The organization is a social club for the benefit of the surrounding community wherefees are collected to pay related club expenses.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS A SOCIAL CLUB FOR THE BENEFIT OF THE SURROUNDING COMMUNITY WHEREFEES ARE COLLECTED TO PAY RELATED CLUB EXPENSES.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE JOHNSON JRCommodore-$0--
GLENN JOHNSONVice Commodore-$0--
MARK CAMPBELLRear Commodore-$0--
THOMAS A MUGNOFleet Captain-$0--
MICHAEL GREBERTreasurer-$0--
BRIAN PRUITTAsst Treasurer-$0--
PAT WALTERSSecretary-$0--
TIM MCDONOUGHAsst Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Sheepshead Bay Yacht Club Inc
EIN
11-1321423
Phone
9738084030
Address
3076 EMMONS AVENUE, BROOKLYN, NY 11235

Signing Officer

Name
Kevin Kenny
Title
VP
Signed
2025-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Tiralosi & Fabiano Llp
Address
271 US HIGHWAY 46 STE E-202, FAIRFIELD, NJ 07004
Preparer
John G Tiralosi
Phone
9738084030
Supplemental Narrative

Additional Explanations

Other Assets.1005

“Accounts Receivable - Beginning $27661 Accounts Receivable - Ending $0”

Total Liabilities.1

“PAYROLL TAXES PAYABLE - Beginning $17781 PAYROLL TAXES PAYABLE - Ending $0”

Total Liabilities.2

“SALES TAX PAYABLE - Beginning $41007 SALES TAX PAYABLE - Ending $0”

Raw XML Appendix122 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KEVIN KENNY
IRS990EZ/BooksInCareOfDetail/PhoneNum09738084030
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03076 EMMONS AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0112352242
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017121
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044782
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0214689
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0214689
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0169907
IRS990EZ/LandAndBuildingsGrp/EOYAmt0169907
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0155901
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0155901
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0155901
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0155901
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GEORGE JOHNSON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLENN JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARK CAMPBELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3THOMAS A MUGNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL GREBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BRIAN PRUITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PAT WALTERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TIM MCDONOUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COMMODORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE COMMODORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2REAR COMMODORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3FLEET CAPTAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5ASST TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7ASST SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt027661
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION IS A SOCIAL CLUB FOR THE BENEFIT OF THE SURROUNDING COMMUNITY WHEREFEES ARE COLLECTED TO PAY RELATED CLUB EXPENSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION IS A SOCIAL CLUB FOR THE BENEFIT OF THE SURROUNDING COMMUNITY WHEREFEES ARE COLLECTED TO PAY RELATED CLUB EXPENSES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt058788
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058788
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0111321423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounts Receivable - Beginning $27661 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL TAXES PAYABLE - Beginning $17781 PAYROLL TAXES PAYABLE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALES TAX PAYABLE - Beginning $41007 SALES TAX PAYABLE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN KENNY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEEPSHEAD BAY YACHT CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0111321423
ReturnHeader/Filer/PhoneNum09738084030
ReturnHeader/Filer/USAddress/AddressLine1Txt03076 EMMONS AVENUE
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011235
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223690155
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TIRALOSI & FABIANO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0271 US HIGHWAY 46 STE E-202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007004
ReturnHeader/PreparerPersonGrp/PhoneNum09738084030
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN G TIRALOSI
ReturnHeader/ReturnTs02025-03-03T04:44:49-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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