Civic Intelligence

Bayshore Center at Bivalve Inc

EIN 22-3019683 • 501(c)3 • Port Norris, NJ

Profile

Through the state's official tall ship, the oyster schooner aj meerwald, and historic waterfront museum, the bayshore center at bivalve ("bcb") will advance understanding of the human impact on new jersey's aquatic environment through education, advocacy & programming.

2800 High StreetPort Norris, NJ 08349-3126

bayshorecenter.org

Siviq Scores

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

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.75x

Higher debt load relative to revenue than 88% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

1.5%

Higher net margin than 44% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$104,600

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

NTEE A • $1M-$5M nonprofits • Source year 2024

Asset Growth

38th percentile

-0.5%

Faster asset growth than 38% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

22%

Faster revenue growth than 63% of similar nonprofits.

NTEE A • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$4,960,562

Down $23,344 (-0.5%) from 2023

Liabilities

Down

$742,730

Down $38,250 (-4.9%) from 2023

Net Assets

Up

$4,217,832

Up $14,906 (+0.4%) from 2023

Revenue

Up

$986,745

Up $178,245 (+22%) from 2023

Expenses

Down

$971,839

Down $24,745 (-2.5%) from 2023

Net Income

Up

$14,906

Up $202,990 (+108%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,319,989Liabilities 2010: $1,427,979Net Assets 2010: $4,892,0102010Assets 2011: $5,521,890Liabilities 2011: $788,993Net Assets 2011: $4,732,8972011Assets 2012: $5,235,577Liabilities 2012: $643,759Net Assets 2012: $4,591,8182012Assets 2013: $5,530,647Liabilities 2013: $649,099Net Assets 2013: $4,881,5482013Assets 2014: $5,167,389Liabilities 2014: $573,565Net Assets 2014: $4,593,8242014Assets 2015: $5,163,383Liabilities 2015: $548,024Net Assets 2015: $4,615,3592015Assets 2016: $5,051,796Liabilities 2016: $593,982Net Assets 2016: $4,457,8142016Assets 2017: $5,332,834Liabilities 2017: $311,912Net Assets 2017: $5,020,9222017Assets 2018: $4,857,724Liabilities 2018: $340,088Net Assets 2018: $4,517,6362018Assets 2019: $4,547,904Liabilities 2019: $326,432Net Assets 2019: $4,221,4722019Assets 2020: $4,657,964Liabilities 2020: $582,620Net Assets 2020: $4,075,3442020Assets 2021: $4,891,387Liabilities 2021: $945,901Net Assets 2021: $3,945,4862021Assets 2022: $5,231,780Liabilities 2022: $824,051Net Assets 2022: $4,407,7292022Assets 2023: $4,983,906Liabilities 2023: $780,980Net Assets 2023: $4,202,9262023Assets 2024: $4,960,562Liabilities 2024: $742,730Net Assets 2024: $4,217,8322024

Highlighted filing

2024

Assets$4,960,562
Liabilities$742,730
Net Assets$4,217,832

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2010: $612,727Expenses 2010: $599,787Net Income 2010: $12,9402010Expenses 2011: $684,0812011Expenses 2012: $839,8692012Revenue 2013: $1,203,166Expenses 2013: $904,673Net Income 2013: $298,4932013Revenue 2014: $807,466Expenses 2014: $1,096,415Net Income 2014: -$288,9492014Revenue 2015: $1,100,053Expenses 2015: $1,090,352Net Income 2015: $9,7012015Revenue 2016: $861,412Expenses 2016: $1,020,201Net Income 2016: -$158,7892016Revenue 2017: $1,641,696Expenses 2017: $1,080,557Net Income 2017: $561,1392017Revenue 2018: $790,438Expenses 2018: $1,293,724Net Income 2018: -$503,2862018Revenue 2019: $875,726Expenses 2019: $1,171,919Net Income 2019: -$296,1932019Revenue 2020: $885,741Expenses 2020: $1,031,869Net Income 2020: -$146,1282020Revenue 2021: $1,104,355Expenses 2021: $1,234,213Net Income 2021: -$129,8582021Revenue 2022: $1,291,712Expenses 2022: $829,224Net Income 2022: $462,4882022Revenue 2023: $808,500Expenses 2023: $996,584Net Income 2023: -$188,0842023Revenue 2024: $986,745Expenses 2024: $971,839Net Income 2024: $14,9062024

Highlighted filing

2024

Revenue$986,745
Expenses$971,839
Net Income$14,906

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.96$0.74$4.22$0.99$0.97$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.98$0.78$4.20$0.81$1.00$0.19
2022Detailed filing. Detailed filing data is available for this year.$5.23$0.82$4.41$1.29$0.83$0.46
2021Detailed filing. Detailed filing data is available for this year.$4.89$0.95$3.95$1.10$1.23$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.66$0.58$4.08$0.89$1.03$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.55$0.33$4.22$0.88$1.17$0.30
2018Detailed filing. Detailed filing data is available for this year.$4.86$0.34$4.52$0.79$1.29$0.50
2017Detailed filing. Detailed filing data is available for this year.$5.33$0.31$5.02$1.64$1.08$0.56
2016Detailed filing. Detailed filing data is available for this year.$5.05$0.59$4.46$0.86$1.02$0.16
2015Detailed filing. Detailed filing data is available for this year.$5.16$0.55$4.62$1.10$1.09$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.17$0.57$4.59$0.81$1.10$0.29
2013Summary only. Only limited summary data is available for this year.$5.53$0.65$4.88$1.20$0.90$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.64$4.59$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$0.79$4.73$0.68
2010Summary only. Only limited summary data is available for this year.$6.32$1.43$4.89$0.61$0.60$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$1,071,807
Mission and Program Overview

Mission

Through the state's official tall ship, the oyster schooner aj meerwald, and historic waterfront museum, the bayshore center at bivalve will advance understanding of the human impact on new jersey's aquatic environment through education, advocacy & programming.

Advance the understanding of the human impact on new jersey's aquatic environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,895,549$4,737,071▼ $158,478
Cash and Non-Interest-Bearing Accounts$48,215$205,080▲ $156,865
Loans From Officers Directors$50,000$20,000▼ $30,000
Prepaid Expenses and Deferred Charges$14,800--
Intangible Assets$10,375$7,010▼ $3,365
Investments in Publicly Traded Securities$4,544$4,797▲ $253
Inventories for Sale or Use$3,813$3,604▼ $209
Pledges and Grants Receivable$5,043$3,000▼ $2,043
Savings and Temporary Cash Investments$1,567--
Total Assets$4,983,906$4,960,562▼ $23,344
Liabilities
Mortgage Notes Payable Secured by Investment Property$678,310$658,403▼ $19,907
Accounts Payable and Accrued Expenses$42,069$57,082▲ $15,013
Unsecured Notes Loans Payable$10,601$7,245▼ $3,356
Total Liabilities$780,980$742,730▼ $38,250
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,202,926$4,217,832▲ $14,906
Total Net Assets Fund Balance$4,202,926$4,217,832▲ $14,906
Total Liabilities and Net Assets / Fund Balance$4,983,906$4,960,562▼ $23,344

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,561,441$2,745,944$7,307,385
Land$175,630-$175,630

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,310-▲ $234-$4,544
2022$4,333-▼ $23-$4,310
2021$4,401-▼ $68-$4,333
2020$4,245-▲ $156-$4,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jessica YorkeExecutive DiFT$104,600$104,600
Candace FaunceCFOPT$22,750$22,750

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$663,992
Program Service Revenue
$243,797
Investment Income
$2,822
Other Revenue
$76,134
All Other Contributions
$416,113
Change in Net Assets
$14,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$986,745
Total Revenue per Audited Statements
$986,745
Total Revenue per Form 990
$986,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$555,852
Salaries, Compensation, and Employee Benefits$415,987
Total Fundraising Expense$89,580
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,185$63,575$23,871$249,631
Depreciation Depletion$125,548$57,083$20,323$202,954
Current Officers, Directors, Trustees, and Key Employees$82,740$32,433$12,177$127,350
Insurance$63,806$2,795$2,630$69,231
Payroll Taxes$25,342$9,934$3,730$39,006
Fees for Services Accounting$22,437$8,801$3,281$34,519
All Other Expenses$20,824-$5,195$26,019
Office Expenses$18,041$3,447$1,294$22,782
Advertising$15,042$4,204$1,579$20,825
Occupancy$10,907$5,115$1,921$17,943
Interest$10,952$4,296$1,601$16,849
Fees for Services Other$8,031$5,647$2,120$15,798
Information Technology$5,562$4,101$1,540$11,203
Other Expenses$11,089$5,960$2,238$11,089
Travel$4,633--$4,633
Total Functional Expenses$658,675$223,584$89,580$971,839

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$971,839
Total Expenses per Audited Statements$971,839
Total Expenses per Form 990$971,839
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,856
Fundraising Direct Expenses$24,804
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Oyster Roast/se$59,606$43,856$2,971$40,885
Total Events$59,606$43,856$24,804$19,052
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
Loans from Officers, Directors, Trustees, and Key Employees$50,000$20,000▼ $30,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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 11B

The form 990 is prepared by an independent accounting firm and then the draft of the audit report and the form 990 are distributed to and discussed by the finance committee and the board. The auditor/tax filer is invited to present the audit and the form 990 at a board meeting. All board members receive a complete draft of the form 990 prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

All board and key staff are subject to the conflict of interest policy. Board prospects are asked to submit information about themselves including any potential conflicts to the board. Potential key staff are reviewed for potential conflicts by the board. Persons with a potential, perceived or real, conflict are asked to leave the room while related issues are discussed. As most issues with a potential for conflict take place at the board level, that is where conflicts are identified and reviewed. The conflict of policy is monitored by annual disclosure of actual and potential conflicts and by a standing board meeting agenda item to ask for any new conflicts.

Form 990, Page 6, Part VI, Line 19

Financial information is included in the program report. The program report and financial statements are provided to contributors and friends of bcb. The governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Bayshore Center at Bivalve Inc
EIN
22-3019683
Phone
8567852060
Address
2800 HIGH STREET, PORT NORRIS, NJ 08349-3126

Signing Officer

Name
Candace Faunce
Title
CFO
Phone
8567852060
Signed
2025-11-13

Organization Details

Principal Officer
Jessica Yorke
Formed
1988
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
32

Preparer

Firm
TRACEY & TRACEY CPA'S LLC
Address
327 CENTRAL AVE STE 101, LINWOOD, NJ 08221
Preparer
Pamela Tracey
Phone
6099279305
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Through the state's official tall ship, the oyster schooner aj meerwald, and historic waterfront museum, the bayshore center at bivalve ("bcb") will advance understanding of the human impact on new jersey's aquatic environment through education, advocacy & programming.

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

Bcb accomplishes its mission through its educational programing at the bivalve center, through community-based programs not tied to the center, and on board the historic schooner aj meerwald. Bcb's community-based programs include but are not limited to educational programs held in schools, libraries, parks, and other public spaces. Bcb partners with like-minded organizations to provide educational bcb maintains a significant collection of photographs, artifacts, and programs around the mid-atlantic region including historical societies, museums, civic clubs, and other nonprofits. Bcb's most unique and most popular educational programing is aboard the aj meerwald, on which passengers learn about the history of the region and the human impact on it. Through these educational programs, bcb educates over 2,000 children and nearly 4,000 adults each year on the human impact on the environment using history as a guide.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment is intended to strengthen bcb's financial position, provide interest to operations and encourage additional investments in bcb's future.

Raw XML AppendixShowing 400 of 499 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/Desc0BCB ACCOMPLISHES ITS MISSION THROUGH ITS EDUCATIONAL PROGRAMING AT THE BIVALVE CENTER, THROUGH COMMUNITY-BASED PROGRAMS NOT TIED TO THE CENTER, AND ON BOARD THE HISTORIC SCHOONER AJ MEERWALD. BCB'S COMMUNITY-BASED PROGRAMS INCLUDE BUT ARE NOT LIMITED TO EDUCATIONAL PROGRAMS HELD IN SCHOOLS, LIBRARIES, PARKS, AND OTHER PUBLIC SPACES. BCB PARTNERS WITH LIKE-MINDED ORGANIZATIONS TO PROVIDE EDUCATIONAL BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND PROGRAMS AROUND THE MID-ATLANTIC REGION INCLUDING HISTORICAL SOCIETIES, MUSEUMS, CIVIC CLUBS, AND OTHER NONPROFITS. BCB'S MOST UNIQUE AND MOST POPULAR EDUCATIONAL PROGRAMING IS ABOARD THE AJ MEERWALD, ON WHICH PASSENGERS LEARN ABOUT THE HISTORY OF THE REGION AND THE HUMAN IMPACT ON IT. THROUGH THESE EDUCATIONAL PROGRAMS, BCB EDUCATES OVER 2,000 CHILDREN AND NEARLY 4,000 ADULTS EACH YEAR ON THE HUMAN IMPACT ON THE ENVIRONMENT USING HISTORY AS A GUIDE.
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IRS990/MissionDesc0THROUGH THE STATE'S OFFICIAL TALL SHIP, THE OYSTER SCHOONER AJ MEERWALD, AND HISTORIC WATERFRONT MUSEUM, THE BAYSHORE CENTER AT BIVALVE ("BCB") WILL ADVANCE UNDERSTANDING OF THE HUMAN IMPACT ON NEW JERSEY'S AQUATIC ENVIRONMENT THROUGH EDUCATION, ADVOCACY & PROGRAMMING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0BCB MAINTAINS A SIGNIFICANT COLLECTION OF PHOTOGRAPHS, ARTIFACTS, AND EPHEMERA DOCUMENTING AND PRESERVING THE HISTORY OF THE DELAWARE BAY. THE FOLKLIFE CENTER PRESENTS PROGRAMS AND CONDUCTS RESEARCH INCLUDING AN ORAL HISTORY PROJECT THAT IS CAPTURING BAYSHORE STORIES AND SHARING THEM WITH THE BROADER COMMUNITY. THE RESTORED 1904 BIVALVE SHIPPING SHEDS (ON THE NATIONAL REGISTER OF HISTORIC PLACES) SERVE AS THE CENTERPIECE OF THE MUSEUM AND INTERPRET THE INCREDIBLE IMPORTANCE OF OYSTERS TO THE SOUTH JERSEY REGIONAL ECONOMY AND DEVELOPMENT.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT IS INTENDED TO STRENGTHEN BCB'S FINANCIAL POSITION, PROVIDE INTEREST TO OPERATIONS AND ENCOURAGE ADDITIONAL INVESTMENTS IN BCB'S FUTURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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