Civic Intelligence

J-44 Class Association Inc

990EZ • Fiscal year 2016 • EIN 22-3238548

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 12, 2018

Organization ProfileWWW.J44.ORG
801 Roosevelt AvenueCarteret, NJ 07008

(732) 541-8294

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-150%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2016 filings • 501(c)7 • <$500k nonprofits • Source year 2016

Asset Growth

13th percentile

-20%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)7 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$85,683

Down $21,056 (-20%) from 2015

Net Assets

Down

$85,683

Down $21,056 (-20%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin1st percentile

Revenue

Down

$14,000

Down $4,000 (-22%) from 2015

Expenses

Up

$35,056

Up $1,086 (+3.2%) from 2015

Net Income

Down

-$21,056

Down $5,086 (-32%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$150K$100K$50K$0Assets 2011: $110,180Net Assets 2011: $110,1802011Assets 2012: $89,671Liabilities 2012: $02012Assets 2013: $130,952Net Assets 2013: $130,9522013Assets 2014: $122,709Net Assets 2014: $122,7092014Assets 2015: $106,739Liabilities 2015: $0Net Assets 2015: $106,7392015Assets 2016: $85,683Liabilities 2016: $0Net Assets 2016: $85,6832016Assets 2017: $63,429Liabilities 2017: $0Net Assets 2017: $63,4292017Assets 2018: $81,687Liabilities 2018: $0Net Assets 2018: $81,6872018Assets 2019: $61,370Liabilities 2019: $4,586Net Assets 2019: $56,7842019Assets 2020: $61,370Liabilities 2020: $5,352Net Assets 2020: $56,0182020Assets 2021: $61,370Liabilities 2021: $6,843Net Assets 2021: $54,5272021Assets 2022: $71,009Liabilities 2022: $0Net Assets 2022: $71,0092022Assets 2023: $70,034Liabilities 2023: $0Net Assets 2023: $70,0342023

Highlighted filing

2016

Assets$85,683
Liabilities$0
Net Assets$85,683
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

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

$100K$50K$0-$50KRevenue 2011: $91,852Expenses 2011: $27,281Net Income 2011: $64,5712011Revenue 2012: $15,000Expenses 2012: $35,509Net Income 2012: -$20,5092012Revenue 2013: $79,679Expenses 2013: $43,599Net Income 2013: $36,0802013Revenue 2014: $38,140Expenses 2014: $46,383Net Income 2014: -$8,2432014Revenue 2015: $18,000Expenses 2015: $33,970Net Income 2015: -$15,9702015Revenue 2016: $14,000Expenses 2016: $35,056Net Income 2016: -$21,0562016Revenue 2017: $12,000Expenses 2017: $34,180Net Income 2017: -$22,1802017Revenue 2018: $51,090Expenses 2018: $32,832Net Income 2018: $18,2582018Revenue 2019: $11,113Expenses 2019: $36,016Net Income 2019: -$24,9032019Revenue 2020: $4,200Expenses 2020: $4,966Net Income 2020: -$7662020Revenue 2021: $11,250Expenses 2021: $12,741Net Income 2021: -$1,4912021Revenue 2022: $48,320Expenses 2022: $31,838Net Income 2022: $16,4822022Revenue 2023: $10,000Expenses 2023: $10,975Net Income 2023: -$9752023

Highlighted filing

2016

Revenue$14,000
Expenses$35,056
Net Income-$21,056
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 12, 2018
Return Version
2016v3.0
Gross Receipts
$14,000
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$35,056
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEONARD SITARTreasurer-$0--
JAMES D BISHOPPresident-$0--
WILLIAM KETCHAMVice President-$0--
Filing and Contact Details

Filer

Filer Name
J-44 Class Association Inc
EIN
22-3238548
Address
801 ROOSEVELT AVENUE, CARTERET, NJ 07008

Signing Officer

Name
Leonard Sitar
Title
Treasurer
Phone
7325418294
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Victor Goldblat and Company LLC
Address
477 CHESTNUT STREET, UNION, NJ 07083
Preparer
Paul F Shane
Phone
9089645888
Supplemental Narrative

Additional Explanations

Amended return information

“Revenue and expenses for the 2016 calendar year were incorrectly reported.”

General explanation attachment

“Form 990-ez, part iii - organizations primary exempt purposeto encourage, promote and foster corinthian amateur sailing by owners and crew members of the j-44 class of sailing yachts. Form 990-ez, part iii, line 28 - statement of program service accomplishmentsin addition to its primary exempt purpose, the organization collects & distributes data & educates members on the technical & mechanical aspects of sailing & maintaining the j-44 class. Further, the organization publishes a quarterly newsletter which provides general information on the j-44 class & racing & sailing of the j-44 class. Finally, the organization organizes & administers a yearly championship regatta of the j-44 class. The organization promotes, emphasizes & fulfills the needs of recreational sailors, such as cruising, one-design racing, daily sailing, handicap racing, distance racing, club cruise racing & ocean racing.”

Description of other expenses Part I line 16

“Description amountdepreciation 21,130insurance 3,939prizes 1,112sail repair and maintenance 3,441obsolete inventory 4,459”

Description of other assets Part II line 24

“Category beginning of year end of yearinventories 4,458 0machinery and equipment (net) 82,232 61,102”

Raw XML Appendix118 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AmendedReturnInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LEONARD SITAR
IRS990EZ/BooksInCareOfDetail/PhoneNum07325418294
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0801 ROOSEVELT AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARTERET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007008
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020049
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024581
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21056
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0975
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0106739
IRS990EZ/Form990TotalAssetsGrp/EOYAmt085683
IRS990EZ/GrossReceiptsAmt014000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt014000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0106739
IRS990EZ/NetAssetsOrFundBalancesEOYAmt085683
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0106739
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt085683
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEONARD SITAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAMES D BISHOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM KETCHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt086690
IRS990EZ/OtherAssetsTotalDetail/EOYAmt061102
IRS990EZ/OtherExpensesTotalAmt034081
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt035056
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035056
IRS990EZ/TotalProgramServiceExpensesAmt035056
IRS990EZ/TotalRevenueAmt014000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.J44.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVENUE AND EXPENSES FOR THE 2016 CALENDAR YEAR WERE INCORRECTLY REPORTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990-EZ, PART III - ORGANIZATIONS PRIMARY EXEMPT PURPOSETO ENCOURAGE, PROMOTE AND FOSTER CORINTHIAN AMATEUR SAILING BY OWNERS AND CREW MEMBERS OF THE J-44 CLASS OF SAILING YACHTS. FORM 990-EZ, PART III, LINE 28 - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSIN ADDITION TO ITS PRIMARY EXEMPT PURPOSE, THE ORGANIZATION COLLECTS & DISTRIBUTES DATA & EDUCATES MEMBERS ON THE TECHNICAL & MECHANICAL ASPECTS OF SAILING & MAINTAINING THE J-44 CLASS. FURTHER, THE ORGANIZATION PUBLISHES A QUARTERLY NEWSLETTER WHICH PROVIDES GENERAL INFORMATION ON THE J-44 CLASS & RACING & SAILING OF THE J-44 CLASS. FINALLY, THE ORGANIZATION ORGANIZES & ADMINISTERS A YEARLY CHAMPIONSHIP REGATTA OF THE J-44 CLASS. THE ORGANIZATION PROMOTES, EMPHASIZES & FULFILLS THE NEEDS OF RECREATIONAL SAILORS, SUCH AS CRUISING, ONE-DESIGN RACING, DAILY SAILING, HANDICAP RACING, DISTANCE RACING, CLUB CRUISE RACING & OCEAN RACING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTDEPRECIATION 21,130INSURANCE 3,939PRIZES 1,112SAIL REPAIR AND MAINTENANCE 3,441OBSOLETE INVENTORY 4,459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARINVENTORIES 4,458 0MACHINERY AND EQUIPMENT (NET) 82,232 61,102
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEONARD SITAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07325418294
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0J-44 CLASS ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0J-44
ReturnHeader/Filer/EIN0223238548
ReturnHeader/Filer/USAddress/AddressLine1Txt0801 ROOSEVELT AVENUE
ReturnHeader/Filer/USAddress/CityNm0CARTERET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007008
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0387F0B5E8306DB09E9940BC25AE4D141FC941A96
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0387F0B5E8306DB09E9940BC25AE4D141FC941A96
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId02258142018317vnrm1e5
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.17.233.42
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
ReturnHeader/FilingSecurityInformation/IPTm015:00:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222201241
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VICTOR GOLDBLAT AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0477 CHESTNUT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007083
ReturnHeader/PreparerPersonGrp/PhoneNum09089645888
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL F SHANE
ReturnHeader/ReturnTs02018-11-13T14:56:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,683
Liabilities
$0
Net assets
$85,683
Revenue
$14,000
Expenses
$35,056
Net income
-$21,056
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.10$0.11$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.48$0.32$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.61$0.07$0.55$0.11$0.13$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.61$0.05$0.56$0.04$0.05$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.05$0.57$0.11$0.36$0.25
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.51$0.33$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.12$0.34$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.14$0.35$0.21
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.18$0.34$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.23$1.23$0.38$0.46$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.31$1.31$0.80$0.44$0.36
2012Summary only. Only limited summary data is available for this year.$0.90$0.00$0.15$0.36$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$1.10$0.92$0.27$0.65