Civic Intelligence

Atlantic Highlands Yacht Club

EIN 21-0663283 • 501(c)7 • Atlantic Highlands, NJ

Profile

All income is used for the pleasure and recreational benefit of its members

Simon Lake DriveAtlantic Highlands, NJ 07716

n/A

Siviq Scores

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

Liabilities / Assets

61st percentile

0.08x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

51st percentile

5.0%

Higher net margin than 51% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

86th percentile

22%

Faster asset growth than 86% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$194,895

Up $35,013 (+22%) from 2023

Liabilities

Up

$14,935

Up $3,894 (+35%) from 2023

Net Assets

Up

$179,960

Up $31,119 (+21%) from 2023

Revenue

Up

$622,034

Up $71,633 (+13%) from 2023

Expenses

Up

$590,916

Up $5,572 (+1.0%) from 2023

Net Income

Up

$31,118

Up $66,061 (+189%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $220,144Liabilities 2010: $15,167Net Assets 2010: $204,9772010Assets 2011: $230,384Liabilities 2011: $24,317Net Assets 2011: $206,0672011Assets 2012: $225,168Liabilities 2012: $11,975Net Assets 2012: $213,1932012Assets 2013: $249,582Liabilities 2013: $6,397Net Assets 2013: $243,1852013Assets 2014: $258,453Liabilities 2014: $6,580Net Assets 2014: $251,8732014Assets 2015: $224,104Liabilities 2015: $5,107Net Assets 2015: $218,9972015Assets 2016: $182,729Liabilities 2016: $1,758Net Assets 2016: $180,9712016Assets 2017: $209,029Liabilities 2017: $9,984Net Assets 2017: $199,0452017Assets 2018: $208,682Liabilities 2018: $3,077Net Assets 2018: $205,6052018Assets 2019: $188,053Liabilities 2019: $4,244Net Assets 2019: $183,8092019Assets 2020: $238,467Liabilities 2020: $31,132Net Assets 2020: $207,3352020Assets 2021: $184,687Liabilities 2021: $17,464Net Assets 2021: $167,2232021Assets 2022: $198,291Liabilities 2022: $14,516Net Assets 2022: $183,7752022Assets 2023: $159,882Liabilities 2023: $11,041Net Assets 2023: $148,8412023Assets 2024: $194,895Liabilities 2024: $14,935Net Assets 2024: $179,9602024

Highlighted filing

2024

Assets$194,895
Liabilities$14,935
Net Assets$179,960

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $281,0332010Expenses 2011: $361,0162011Expenses 2012: $319,1272012Revenue 2013: $400,201Expenses 2013: $369,610Net Income 2013: $30,5912013Revenue 2014: $375,898Expenses 2014: $371,587Net Income 2014: $4,3112014Revenue 2015: $360,304Expenses 2015: $392,818Net Income 2015: -$32,5142015Revenue 2016: $386,190Expenses 2016: $422,993Net Income 2016: -$36,8032016Revenue 2017: $439,802Expenses 2017: $421,841Net Income 2017: $17,9612017Revenue 2018: $381,037Expenses 2018: $374,477Net Income 2018: $6,5602018Revenue 2019: $409,515Expenses 2019: $431,311Net Income 2019: -$21,7962019Revenue 2020: $361,192Expenses 2020: $337,666Net Income 2020: $23,5262020Revenue 2021: $292,863Expenses 2021: $366,146Net Income 2021: -$73,2832021Revenue 2022: $491,745Expenses 2022: $483,009Net Income 2022: $8,7362022Revenue 2023: $550,401Expenses 2023: $585,344Net Income 2023: -$34,9432023Revenue 2024: $622,034Expenses 2024: $590,916Net Income 2024: $31,1182024

Highlighted filing

2024

Revenue$622,034
Expenses$590,916
Net Income$31,118

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.15$1.80$6.22$5.91$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.60$0.11$1.49$5.50$5.85$0.35
2022Detailed filing. Detailed filing data is available for this year.$1.98$0.15$1.84$4.92$4.83$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.85$0.17$1.67$2.93$3.66$0.73
2020Detailed filing. Detailed filing data is available for this year.$2.38$0.31$2.07$3.61$3.38$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.88$0.04$1.84$4.10$4.31$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.09$0.03$2.06$3.81$3.74$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.10$1.99$4.40$4.22$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.83$0.02$1.81$3.86$4.23$0.37
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.05$2.19$3.60$3.93$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.07$2.52$3.76$3.72$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.50$0.06$2.43$4.00$3.70$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.12$2.13$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.24$2.06$3.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.15$2.05$2.81
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.0
Gross Receipts
$726,459
Mission and Program Overview

Mission

All income is used for the pleasure and recreational benefit of its members

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$97,488$117,424▲ $19,936
Cash and Non-Interest-Bearing Accounts$38,316$65,338▲ $27,022
Land, Buildings, and Equipment, Net$16,236$26,353▲ $10,117
Inventories for Sale or Use$7,802$7,802→ $0
Prepaid Expenses and Deferred Charges$-7,136$-10,922▼ $3,786
Accounts Receivable$7,176$-11,100▼ $18,276
Total Assets$159,882$194,895▲ $35,013
Liabilities
Accounts Payable and Accrued Expenses$7,702$19,608▲ $11,906
Other Liabilities$3,339$-4,673▼ $8,012
Total Liabilities$11,041$14,935▲ $3,894
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$148,841$179,960▲ $31,119
Total Net Assets Fund Balance$148,841$179,960▲ $31,119
Total Liabilities and Net Assets / Fund Balance$159,882$194,895▲ $35,013

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$26,353$357,156$383,509
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian GillenCommodore
Barbara FlatleyCorrespondin
Joe PatscoPast Commodo
Claudia LuceyRear Commodo
Elaine HaydenSecretary
Stephen MackayTreasurer
Steven BrownlieVice Commodo
Revenue and Support

Revenue Composition

Contributions and Grants
$245,696
Program Service Revenue
$137,684
Investment Income
$3
Other Revenue
$238,651
All Other Contributions
$15,009
Change in Net Assets
$31,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$326,133
Salaries, Compensation, and Employee Benefits$264,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,958$32,220-$244,178
Occupancy$116,630--$116,630
Insurance$19,552$13,448-$33,000
Payroll Taxes$20,038$567-$20,605
Fees for Services Other$19,204--$19,204
All Other Expenses$12,783--$12,783
Depreciation Depletion$5,240--$5,240
Other Expenses$3,103--$3,103
Office Expenses$4$2,846-$2,850
Fees for Services Accounting-$25-$25
Total Functional Expenses$541,810$49,106$0$590,916
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$37,110
Fundraising Gross Income$36,251
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race Committee$18,731$18,731$19,590$-859
Ms Race$17,520$17,520$17,520$0
Total Events$36,251$36,251$37,110$-859
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tips Payable$1,725
Sales Tax Payable$1,393
Accrued Wages$-7,791
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

ORGANIZED WITH MEMBERS

Form 990, Page 6, Part VI, Line 11B

REVIEWED BY OFFICERS

Form 990, Page 6, Part VI, Line 19

Form 990 available @irs.gov

Filing and Contact Details

Filer

Filer Name
Atlantic Highlands Yacht Club
EIN
21-0663283
Phone
7322911800
Address
SIMON LAKE DRIVE, ATLANTIC HIGHLANDS, NJ 07716

Signing Officer

Name
Stephen Mackay
Title
Treasurer
Phone
7322911800
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Gillen
Formed
1953
Legal Domicile
Nj
Voting Board Members
18
Independent Board Members
151
Employees
28
Volunteers
169

Preparer

Firm
Thomas J Veth CPA Pc
Address
107 MEMORIAL PARKWAY ROUTE 36 EAST, ATLANTIC HIGHLANDS, NJ 07716
Preparer
Thomas J Veth CPA
Phone
7322911800
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Serve on committees, hold club office position, and participate in activities for the betterment of the club.

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

To benefit the members of the organization

Form 990, Part XI, Line 9

ROUNDING 1

Raw XML Appendix373 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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IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO BENEFIT THE MEMBERS OF THE ORGANIZATION
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0411774
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0150178
IRS990/PYInvestmentIncomeAmt0510
IRS990/PYOtherExpensesAmt0355895
IRS990/PYOtherRevenueAmt0268936
IRS990/PYProgramServiceRevenueAmt0130777
IRS990/PYRevenuesLessExpensesAmt0-34943
IRS990/PYSalariesCompEmpBnftPaidAmt0229449
IRS990/PYTotalExpensesAmt0585344
IRS990/PYTotalRevenueAmt0550401
IRS990/ReconcilationRevenueExpnssAmt031118
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0137684
IRS990/SavingsAndTempCashInvstGrp/BOYAmt097488
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117424
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026353
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0357156
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0383509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-7791
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TIPS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED WAGES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026353
IRS990ScheduleD/TotalLiabilityAmt0-4673
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037110
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RACE COMMITTEE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MS RACE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018731
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt017520
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt036251
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018731
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt017520
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt036251
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-859
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt037110
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019590
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt017520
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SERVE ON COMMITTEES, HOLD CLUB OFFICE POSITION, AND PARTICIPATE IN ACTIVITIES FOR THE BETTERMENT OF THE CLUB.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO BENEFIT THE MEMBERS OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZED WITH MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEWED BY OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 AVAILABLE @IRS.GOV
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0159882
IRS990/TotalAssetsEOYAmt0194895
IRS990/TotalAssetsGrp/BOYAmt0159882
IRS990/TotalAssetsGrp/EOYAmt0194895
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0245696
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049106
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0541810
IRS990/TotalFunctionalExpensesGrp/TotalAmt0590916
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011041
IRS990/TotalLiabilitiesEOYAmt014935
IRS990/TotalLiabilitiesGrp/BOYAmt011041
IRS990/TotalLiabilitiesGrp/EOYAmt014935
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0148841
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0179960
IRS990/TotalOtherProgSrvcExpenseAmt0411774
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01490
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01490
IRS990/TotalProgramServiceExpensesAmt0541810
IRS990/TotalProgramServiceRevenueAmt0137684
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0377197
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0622034
IRS990/TotalVolunteersCnt0169
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0159882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0194895
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0SIMON LAKE DRIVE
IRS990/USAddress/CityNm0ATLANTIC HIGHLANDS
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007716
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt0151
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN MACKAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07322911800
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ATLANTIC HIGHLANDS YACHT CLUB
ReturnHeader/Filer/BusinessNameControlTxt0ATLA
ReturnHeader/Filer/EIN0210663283
ReturnHeader/Filer/PhoneNum07322911800
ReturnHeader/Filer/USAddress/AddressLine1Txt0SIMON LAKE DRIVE
ReturnHeader/Filer/USAddress/CityNm0ATLANTIC HIGHLANDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007716
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0600000713
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMAS J VETH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 MEMORIAL PARKWAY ROUTE 36 EAST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATLANTIC HIGHLANDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007716
ReturnHeader/PreparerPersonGrp/PhoneNum07322911800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J VETH CPA
ReturnHeader/ReturnTs02025-08-27T11:48:48-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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