Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
American Boat Builders and Repairer
EIN 13-6162913 • 501(c)6 • Warren, RI
Profile
To develop and encourage high standards of service and control within the boat building and repairing industry.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.21x
Liabilities / Revenue
80th percentile
Higher debt load relative to revenue than 80% of similar nonprofits.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Down$84,321
Down $16,059 (-16%) from 2023
Liabilities
Down$17,618
Down $23,071 (-57%) from 2023
Net Assets
Up$66,703
Up $7,012 (+12%) from 2023
Revenue
Down$131,269
Down $36,699 (-22%) from 2023
Expenses
Down$124,257
Down $23,603 (-16%) from 2023
Net Income
Down$7,012
Down $13,096 (-65%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $84,321
- Liabilities
- $17,618
- Net assets
- $66,703
- Revenue
- $131,269
- Expenses
- $124,257
- Net income
- $7,012
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 19, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $131,269
Mission and Program Overview
Mission
To develop and encourage high standards of service and control within the boat building and repairing industry.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ADVERTISING AND PUBLIC RELATIONS TO PROMOTE THE USE OF MEMBER BOATYARDS, TO ENCOURAGE YARDS TO JOIN THE ASSOCIATION, TO DISSEMINATE EDUCATIONAL AND INFORMATIONAL MATERIALS, PROVIDE EDUCATIONAL SEMINARS AND SAFETY PUBLICATIONS. | - | $124,257 |
| PROVIDING TRAINING MATERIALS AND OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT IN THE BOAT BUILDERS AND REPAIRERS INDUSTRY | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHAD MORSE | President | - | $0 | - | - |
| TIM SHIELDS | Vice Preside | - | $0 | - | - |
| PATRICIA BENNETT | Secretary | - | $0 | - | - |
| NICOLE JACQUES | Treasurer | - | $0 | - | - |
| RON GIFT | Director | - | $0 | - | - |
| JOHN HALL | Director | - | $0 | - | - |
| GERARD MCDONOUGH | Director | - | $0 | - | - |
| SETH MCGONIGAL | Director | - | $0 | - | - |
| JESSICA PARKER | Director | - | $0 | - | - |
| ANDY TYSKA | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- American Boat Builders and Repairer
- EIN
- 13-6162913
- Phone
- 4012362466
- Address
- 50 WATER STREET, WARREN, RI 02885
Signing Officer
- Name
- Chad Morse
- Title
- President
- Phone
- 4012362466
- Signed
- 2025-04-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- FARMER FIRST & VINING PC CPA'S
- Address
- 6 STATE ST, WARREN, RI 02885
- Preparer
- Joseph Farmer CPA
- Phone
- 4012471040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses marketing and pr 4,750 website 2,751 postage and shipping 188 printing 161 conference expenses 6,328 board meetings 139 insurance expenses 3,243 bank and credit card fees 2,391 miscellaneous 167 total 20,118”
Form 990-ez, Part II, Line 24
“Accounts receivable 4,411 2,215 prepaid expenses and deferred charges 1,604 6,899 total 6,015 9,114”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 22,421 3,014 deferred revenue 11,793 8,129 disaster relief contributions 6,475 6,475”
Form 990-ez, Part III
“To develop and encourage high standards of service and control within the boat building and repairing industry.”
Form 990-ez, Part III, Line 31
“Advertising and public relations to promote the use of member boatyards, to encourage yards to join the association, to disseminate educational and informational materials, provide educational seminars and safety publications.”
Raw XML Appendix136 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | NICOLE JACQUES |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4012362466 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1 WASHINGTON STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEWPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | RI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02840 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 94365 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 75207 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 51752 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7012 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 103710 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 100380 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 84321 |
| IRS990EZ/GrossReceiptsAmt | 0 | 131269 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 59691 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 66703 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 59691 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 66703 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 429 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHAD MORSE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TIM SHIELDS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PATRICIA BENNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | NICOLE JACQUES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RON GIFT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JOHN HALL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GERARD MCDONOUGH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | SETH MCGONIGAL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | JESSICA PARKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | ANDY TYSKA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 6015 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 9114 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 20118 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO DEVELOP AND ENCOURAGE HIGH STANDARDS OF SERVICE AND CONTROL WITHIN THE BOAT BUILDING AND REPAIRING INDUSTRY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 79517 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDING TRAINING MATERIALS AND OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT IN THE BOAT BUILDERS AND REPAIRERS INDUSTRY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | ADVERTISING AND PUBLIC RELATIONS TO PROMOTE THE USE OF MEMBER BOATYARDS, TO ENCOURAGE YARDS TO JOIN THE ASSOCIATION, TO DISSEMINATE EDUCATIONAL AND INFORMATIONAL MATERIALS, PROVIDE EDUCATIONAL SEMINARS AND SAFETY PUBLICATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 124257 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 40689 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 17618 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 124257 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 124257 |
| IRS990EZ/TotalRevenueAmt | 0 | 131269 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ABBRA.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES MARKETING AND PR 4,750 WEBSITE 2,751 POSTAGE AND SHIPPING 188 PRINTING 161 CONFERENCE EXPENSES 6,328 BOARD MEETINGS 139 INSURANCE EXPENSES 3,243 BANK AND CREDIT CARD FEES 2,391 MISCELLANEOUS 167 TOTAL 20,118 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 4,411 2,215 PREPAID EXPENSES AND DEFERRED CHARGES 1,604 6,899 TOTAL 6,015 9,114 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 22,421 3,014 DEFERRED REVENUE 11,793 8,129 DISASTER RELIEF CONTRIBUTIONS 6,475 6,475 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO DEVELOP AND ENCOURAGE HIGH STANDARDS OF SERVICE AND CONTROL WITHIN THE BOAT BUILDING AND REPAIRING INDUSTRY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ADVERTISING AND PUBLIC RELATIONS TO PROMOTE THE USE OF MEMBER BOATYARDS, TO ENCOURAGE YARDS TO JOIN THE ASSOCIATION, TO DISSEMINATE EDUCATIONAL AND INFORMATIONAL MATERIALS, PROVIDE EDUCATIONAL SEMINARS AND SAFETY PUBLICATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHAD MORSE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4012362466 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AMERICAN BOAT BUILDERS AND REPAIRER |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AMER |
| ReturnHeader/Filer/EIN | 0 | 136162913 |
| ReturnHeader/Filer/PhoneNum | 0 | 4012362466 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 50 WATER STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WARREN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 02885 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 050519103 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FARMER FIRST & VINING PC CPA'S |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6 STATE ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WARREN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | RI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 02885 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4012471040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-04-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JOSEPH FARMER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-04-29T16:02:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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