Civic Intelligence

Wainscott Windmill Fund

990EZ • Fiscal year 2021 • EIN 11-2546433

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

74 Montauk Highway Unit 19East Hampton, NY 11937

(631) 324-7323

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

47.22x

Higher debt load relative to revenue than 99% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Net Margin

1st percentile

-31200%

Higher net margin than 1% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Asset Growth

37th percentile

-0.6%

Faster asset growth than 37% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-95%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$464,901

Down $2,807 (-0.6%) from 2020

Net Assets

Down

$464,476

Down $2,807 (-0.6%) from 2020

Liabilities

Flat

$425

Flat from 2020

Revenue

Down

$9

Down $177 (-95%) from 2020

Expenses

Up

$2,817

Up $2,143 (+318%) from 2020

Net Income

Down

-$2,808

Down $2,320 (-475%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $77,471Liabilities 2014: $0Net Assets 2014: $77,4712014Assets 2016: $141,677Liabilities 2016: $0Net Assets 2016: $141,6772016Assets 2017: $445,978Liabilities 2017: $425Net Assets 2017: $445,5532017Assets 2018: $534,023Liabilities 2018: $66,391Net Assets 2018: $467,6322018Assets 2019: $468,196Liabilities 2019: $425Net Assets 2019: $467,7712019Assets 2020: $467,708Liabilities 2020: $425Net Assets 2020: $467,2832020Assets 2021: $464,901Liabilities 2021: $425Net Assets 2021: $464,4762021Assets 2022: $440,655Liabilities 2022: $425Net Assets 2022: $440,2302022Assets 2023: $439,977Liabilities 2023: $0Net Assets 2023: $439,9772023Assets 2024: $432,467Net Assets 2024: $432,4672024

Highlighted filing

2021

Assets$464,901
Liabilities$425
Net Assets$464,476

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $51,800Expenses 2014: $0Net Income 2014: $51,8002014Revenue 2016: $52,500Expenses 2016: $244Net Income 2016: $52,2562016Revenue 2017: $304,300Expenses 2017: $425Net Income 2017: $303,8752017Revenue 2018: $23,725Expenses 2018: $1,645Net Income 2018: $22,0802018Revenue 2019: $139Expenses 2019: $0Net Income 2019: $1392019Revenue 2020: $186Expenses 2020: $674Net Income 2020: -$4882020Revenue 2021: $9Expenses 2021: $2,817Net Income 2021: -$2,8082021Revenue 2022: $7Expenses 2022: $24,253Net Income 2022: -$24,2462022Revenue 2023: $7Expenses 2023: $260Net Income 2023: -$2532023Revenue 2024: $5Expenses 2024: $7,515Net Income 2024: -$7,5102024

Highlighted filing

2021

Revenue$9
Expenses$2,817
Net Income-$2,808
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.0
Gross Receipts
$9
Mission and Program Overview

Mission

To raise money for repair and maintenance of the windmill which is a registered historic landmark located in the homeowners association known as georgica association in the town of wainscott, ny.

To raise money for the repair and maintenance of the windmill which is a registered historic landmark located in the homeowners association known as georgica association in the town of wainscott, ny.

Program Services

DescriptionGrantsExpenses
NONE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER CLIFFORDOfficer-$0--
LEIGH HOAGLANDVice Preside-$0--
ELIZA PIERSONOfficer-$0--
LETTY PATINOPresident-$0--
LAURA STELTENPOHLSecretary-$0--
ASHLEY PERKINSOfficer-$0--
BETSY BATTLEOfficer-$0--
Governance and Compliance

Governance Explanations

Form 990-ez, Part VI

Line 2: siblings: letty patino secretary and laura steltenpohl - member line 7b: governance subjet to board approval line 8b: meetings are documented line 11b: individual reviews and reviews during meetings, if necessary

Filing and Contact Details

Filer

Filer Name
Wainscott Windmill Fund
EIN
11-2546433
Address
74 MONTAUK HIGHWAY UNIT 19, EAST HAMPTON, NY 11937

Signing Officer

Name
Letty Patino
Title
President
Phone
6313247323
Signed
2022-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Eierman & Schulken Assoc
Address
159-47 102ND STREET, HOWARD BEACH, NY 11414-3516
Preparer
Craig Schulken Ea
Phone
7188351978
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Line 17: bank service charges 58 equipment rental and maintenance 1411 accounting fees 1348

Form 990-ez, Part II, Line 26

Other liabilities 425 425

Form 990-ez, Part III

To raise money for the repair and maintenance of the windmill which is a registered historic landmark located in the homeowners association known as georgica association in the town of wainscott, ny.

Raw XML Appendix153 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/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 17: BANK SERVICE CHARGES 58 EQUIPMENT RENTAL AND MAINTENANCE 1411 ACCOUNTING FEES 1348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LIABILITIES 425 425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO RAISE MONEY FOR THE REPAIR AND MAINTENANCE OF THE WINDMILL WHICH IS A REGISTERED HISTORIC LANDMARK LOCATED IN THE HOMEOWNERS ASSOCIATION KNOWN AS GEORGICA ASSOCIATION IN THE TOWN OF WAINSCOTT, NY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 2: SIBLINGS: LETTY PATINO SECRETARY AND LAURA STELTENPOHL - MEMBER LINE 7B: GOVERNANCE SUBJET TO BOARD APPROVAL LINE 8B: MEETINGS ARE DOCUMENTED LINE 11B: INDIVIDUAL REVIEWS AND REVIEWS DURING MEETINGS, IF NECESSARY
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART VI
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/Filer/EIN0112546433
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings