Civic Intelligence

Breakwater Beach Club

990 • Fiscal year 2013 • EIN 21-0693663

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 28, 2014

Organization ProfileN/A
1141 Ocean Avenue07740

(732) 222-7733

Siviq Scores

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

Liabilities / Assets

100th percentile

13.19x

Higher debt load relative to assets than 100% of similar nonprofits.

2013 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

82nd percentile

1.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2013 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2013

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2013 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2013 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2013

Asset Growth

39th percentile

-0.2%

Faster asset growth than 39% of similar nonprofits.

2013 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$58,371

Down $90 (-0.2%) from 2012

Net Assets

Up

-$711,556

Up $74,838 (+9.5%) from 2012

Liabilities

Down

$769,927

Down $74,928 (-8.9%) from 2012

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin66th percentile

Revenue

$693,957

No earlier filing loaded for comparison.

Expenses

Up

$619,119

Up $26,954 (+4.6%) from 2012

Net Income

$74,838

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2010: $54,953Liabilities 2010: $676,504Net Assets 2010: -$621,5512010Assets 2011: $75,130Liabilities 2011: $819,981Net Assets 2011: -$744,8512011Assets 2012: $58,461Liabilities 2012: $844,855Net Assets 2012: -$786,3942012Assets 2013: $58,371Liabilities 2013: $769,927Net Assets 2013: -$711,5562013Assets 2014: $89,631Liabilities 2014: $764,097Net Assets 2014: -$674,4662014Assets 2015: $239,940Liabilities 2015: $810,478Net Assets 2015: -$570,5382015Assets 2016: $392,250Liabilities 2016: $828,980Net Assets 2016: -$436,7302016Assets 2017: $571,793Liabilities 2017: $824,770Net Assets 2017: -$252,9772017Assets 2018: $1,212,967Liabilities 2018: $1,294,118Net Assets 2018: -$81,1512018Assets 2019: $574,393Liabilities 2019: $547,837Net Assets 2019: $26,5562019Assets 2020: $565,229Liabilities 2020: $512,940Net Assets 2020: $52,2892020Assets 2021: $600,975Liabilities 2021: $365,453Net Assets 2021: $235,5222021Assets 2022: $732,567Liabilities 2022: $312,347Net Assets 2022: $420,2202022Assets 2023: $995,456Liabilities 2023: $375,828Net Assets 2023: $619,6282023Assets 2024: $1,074,033Liabilities 2024: $337,001Net Assets 2024: $737,0322024

Highlighted filing

2013

Assets$58,371
Liabilities$769,927
Net Assets-$711,556
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0Expenses 2010: $728,0562010Expenses 2011: $754,3282011Expenses 2012: $592,1652012Revenue 2013: $693,957Expenses 2013: $619,119Net Income 2013: $74,8382013Revenue 2014: $757,258Expenses 2014: $720,168Net Income 2014: $37,0902014Revenue 2015: $825,417Expenses 2015: $721,489Net Income 2015: $103,9282015Revenue 2016: $906,248Expenses 2016: $772,440Net Income 2016: $133,8082016Revenue 2017: $953,625Expenses 2017: $769,872Net Income 2017: $183,7532017Revenue 2018: $964,286Expenses 2018: $792,460Net Income 2018: $171,8262018Revenue 2019: $988,918Expenses 2019: $881,211Net Income 2019: $107,7072019Revenue 2020: $896,312Expenses 2020: $870,579Net Income 2020: $25,7332020Revenue 2021: $1,092,182Expenses 2021: $908,949Net Income 2021: $183,2332021Revenue 2022: $1,162,790Expenses 2022: $978,092Net Income 2022: $184,6982022Revenue 2023: $1,244,905Expenses 2023: $1,045,497Net Income 2023: $199,4082023Revenue 2024: $1,237,534Expenses 2024: $1,120,130Net Income 2024: $117,4042024

Highlighted filing

2013

Revenue$693,957
Expenses$619,119
Net Income$74,838
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 28, 2014
Return Version
2013v3.1
Gross Receipts
$693,957
Mission and Program Overview

Mission

Operation of a beach club located in elberon new jersey

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,172$32,328▲ $13,156
Cash and Non-Interest-Bearing Accounts$21,738$18,047▼ $3,691
Accounts Receivable$16,373$7,996▼ $8,377
Savings and Temporary Cash Investments$1,178$0▼ $1,178
Cap Stk Tr Prin Current Funds$1,000$1,000→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-787,394$-712,556▲ $74,838
Total Assets$58,461$58,371▼ $90
Other Assets Total-$0-
Liabilities
Other Liabilities$806,515$719,913▼ $86,602
Deferred Revenue$38,100$43,346▲ $5,246
Accounts Payable and Accrued Expenses$240$6,668▲ $6,428
Total Liabilities$844,855$769,927▼ $74,928
Net Assets / Fund Balance
Total Net Assets Fund Balance$-786,394$-711,556▲ $74,838
Total Liabilities and Net Assets / Fund Balance$58,461$58,371▼ $90

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,824$113,750$141,574
Leasehold Improvements$4,504$3,754$8,258
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Stephen B SachsPresident
Howard ZipersonVice President
Marvin TalanskyVice President
Angela LevyBoard Member
Ronald RosenBoard Member
Sarah VillaneBoard Member
Seymour BurkeBoard Member
Gary KaplanSecretary
Norman PickelnyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$638,095
Program Service Revenue
$55,672
Investment Income
$190
Other Revenue
$0
Change in Net Assets
$74,838
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$381,515
Salaries, Compensation, and Employee Benefits$237,604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$205,595--$205,595
Occupancy$93,538--$93,538
Insurance$52,190--$52,190
Depreciation Depletion$34,172--$34,172
Payroll Taxes$30,601--$30,601
Fees for Services Other$23,700--$23,700
All Other Expenses$22,579--$22,579
Office Expenses$13,615--$13,615
Other Expenses$7,062--$7,062
Advertising$5,000--$5,000
Other Employee Benefits$1,408--$1,408
Total Functional Expenses$619,119$0$0$619,119
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to 1141 Ocean Ave Corp$711,313
Tenant Security Deposits$8,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“The board members of the organization are also owners of the corporation which owns the beach club”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The organization has one class of member/shareholders”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The board of trustees are elected by the members for a set term on the governing board”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Corporated policy and decisions need approval by members/shareholders of the organization pursuant to its bylaws”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The return is reviewed by the board of trustees prior to submission to the internal revenue service”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board regularly monitors and enforces its conflict of interest policy”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The information and documdents are available upon request at the beach club's business office”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The information and documdents are available upon request at the beach club's business office”

Filing and Contact Details

Filer

EIN
21-0693663
Phone
7322227733

Signing Officer

Name
Stephen Sachs
Title
President
Signed
2014-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen B Sachs
Formed
1960
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
0
Employees
54

Preparer

Preparer
Arthur J Addeo CPA
Phone
7325421999
Raw XML AppendixShowing 400 of 408 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0240
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06668
IRS990/AccountsReceivableGrp/BOYAmt016373
IRS990/AccountsReceivableGrp/EOYAmt07996
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OPERATION OF A BEACH CLUB LOCATED IN ELBERON NEW JERSEY
IRS990/AdvertisingGrp/ProgramServicesAmt05000
IRS990/AdvertisingGrp/TotalAmt05000
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022579
IRS990/AllOtherExpensesGrp/TotalAmt022579
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0TAXPAYER
IRS990/BooksInCareOfDetail/PhoneNum07322227733
IRS990/BooksInCareOfDetail/USAddress/AddressLine101141 OCEAN AVE
IRS990/BooksInCareOfDetail/USAddress/City0ELBERON
IRS990/BooksInCareOfDetail/USAddress/State0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCode007740
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt01000
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt01000
IRS990/CashNonInterestBearingGrp/BOYAmt021738
IRS990/CashNonInterestBearingGrp/EOYAmt018047
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0638095
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0190
IRS990/CYOtherExpensesAmt0381515
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt055672
IRS990/CYRevenuesLessExpensesAmt074838
IRS990/CYSalariesCompEmpBnftPaidAmt0237604
IRS990/CYTotalExpensesAmt0619119
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0693957
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt038100
IRS990/DeferredRevenueGrp/EOYAmt043346
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt034172
IRS990/DepreciationDepletionGrp/TotalAmt034172
IRS990/Desc0OPERATION OF A BEACH CLUB IN ELBERON NEW JERSEY
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt054
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0619119
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt023700
IRS990/FeesForServicesOtherGrp/TotalAmt023700
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN B SACHS
IRS990/Form990PartVIISectionAGrp/PersonNm1MARVIN TALANSKY
IRS990/Form990PartVIISectionAGrp/PersonNm2NORMAN PICKELNY
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm4SEYMOUR BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm5RONALD ROSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6HOWARD ZIPERSON
IRS990/Form990PartVIISectionAGrp/PersonNm7SARAH VILLANE
IRS990/Form990PartVIISectionAGrp/PersonNm8ANGELA LEVY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0693957
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt052190
IRS990/InsuranceGrp/TotalAmt052190
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0190
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0190
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0117504
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019172
IRS990/LandBldgEquipBasisNetGrp/EOYAmt032328
IRS990/LandBldgEquipCostOrOtherBssAmt0149832
IRS990/LegalDomicileStateCd0NJ
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0638095
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATION OF A BEACH CLUB LOCATED IN ELBERON NEW JERSEY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-786394
IRS990/NetAssetsOrFundBalancesEOYAmt0-711556
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt093538
IRS990/OccupancyGrp/TotalAmt093538
IRS990/OfficeExpensesGrp/ProgramServicesAmt013615
IRS990/OfficeExpensesGrp/TotalAmt013615
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01408
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01408
IRS990/OtherExpensesGrp/Desc0REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2POOL EXPENSE
IRS990/OtherExpensesGrp/Desc3PARKING EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt079501
IRS990/OtherExpensesGrp/ProgramServicesAmt130556
IRS990/OtherExpensesGrp/ProgramServicesAmt219602
IRS990/OtherExpensesGrp/ProgramServicesAmt37062
IRS990/OtherExpensesGrp/TotalAmt079501
IRS990/OtherExpensesGrp/TotalAmt130556
IRS990/OtherExpensesGrp/TotalAmt219602
IRS990/OtherExpensesGrp/TotalAmt37062
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt0806515
IRS990/OtherLiabilitiesGrp/EOYAmt0719913
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0205595
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205595
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt030601
IRS990/PayrollTaxesGrp/TotalAmt030601
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0STEPHEN B SACHS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0722210
IRS990/ProgramServiceRevenueGrp/Desc0SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt055672
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt055672
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0422855
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt085
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0349715
IRS990/PYOtherRevenueAmt080347
IRS990/PYProgramServiceRevenueAmt047335
IRS990/PYRevenuesLessExpensesAmt0-41543
IRS990/PYSalariesCompEmpBnftPaidAmt0242450
IRS990/PYTotalExpensesAmt0592165
IRS990/PYTotalRevenueAmt0550622
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt074838
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0693957
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-787394
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-712556
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01178
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt027824
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113750
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141574
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04504
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03754
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt08258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0711313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO 1141 OCEAN AVE CORP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt032328
IRS990ScheduleD/TotalLiabilityAmt0719913
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS OF THE ORGANIZATION ARE ALSO OWNERS OF THE CORPORATION WHICH OWNS THE BEACH CLUB
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE CLASS OF MEMBER/SHAREHOLDERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF TRUSTEES ARE ELECTED BY THE MEMBERS FOR A SET TERM ON THE GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATED POLICY AND DECISIONS NEED APPROVAL BY MEMBERS/SHAREHOLDERS OF THE ORGANIZATION PURSUANT TO ITS BYLAWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN IS REVIEWED BY THE BOARD OF TRUSTEES PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REGULARLY MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE INFORMATION AND DOCUMDENTS ARE AVAILABLE UPON REQUEST AT THE BEACH CLUB'S BUSINESS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE INFORMATION AND DOCUMDENTS ARE AVAILABLE UPON REQUEST AT THE BEACH CLUB'S BUSINESS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt058461
IRS990/TotalAssetsEOYAmt058371
IRS990/TotalAssetsGrp/BOYAmt058461
IRS990/TotalAssetsGrp/EOYAmt058371
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0638095
IRS990/TotalEmployeeCnt054
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0619119
IRS990/TotalFunctionalExpensesGrp/TotalAmt0619119
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0844855
IRS990/TotalLiabilitiesEOYAmt0769927
IRS990/TotalLiabilitiesGrp/BOYAmt0844855
IRS990/TotalLiabilitiesGrp/EOYAmt0769927
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-786394
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-711556
IRS990/TotalProgramServiceExpensesAmt0619119
IRS990/TotalProgramServiceRevenueAmt055672
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt055862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0693957
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt058461
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058371
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine107 WESTECONK DRIVE
IRS990/USAddress/City0OCEAN
IRS990/USAddress/State0NJ
IRS990/USAddress/ZIPCode007712
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN SACHS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10BREAKWATER BEACH CLUB
ReturnHeader/Filer/BusinessNameControlTxt0BREA
ReturnHeader/Filer/EIN0210693663
ReturnHeader/Filer/PhoneNum07322227733
ReturnHeader/Filer/USAddress/AddressLine101141 OCEAN AVENUE
ReturnHeader/Filer/USAddress/City0ELBERON
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007740
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Addeo Polacco & Associates LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101 Industrial Way West Bldg E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Eatontown
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NJ

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,371
Liabilities
$769,927
Net assets
-$711,556
Revenue
$693,957
Expenses
$619,119
Net income
$74,838
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.34$0.74$1.24$1.12$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.38$0.62$1.24$1.05$0.20
2022Detailed filing. Detailed filing data is available for this year.$0.73$0.31$0.42$1.16$0.98$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.37$0.24$1.09$0.91$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.51$0.05$0.90$0.87$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.55$0.03$0.99$0.88$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.21$1.29$0.08$0.96$0.79$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.57$0.82$0.25$0.95$0.77$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.83$0.44$0.91$0.77$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.81$0.57$0.83$0.72$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.76$0.67$0.76$0.72$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.06$0.77$0.71$0.69$0.62$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.84$0.79$0.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.82$0.74$0.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.68$0.62$0.73