Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.07x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
93rd percentile
Higher top officer pay than 93% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$61,370
Down $20,317 (-25%) from 2018
Net Assets
Down$56,784
Down $24,903 (-30%) from 2018
Liabilities
Up$4,586
Up $4,586 from 2018
Revenue And Expenses
Revenue
Down$11,113
Down $39,977 (-78%) from 2018
Expenses
Up$36,016
Up $3,184 (+9.7%) from 2018
Net Income
Down-$24,903
Down $43,161 (-236%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Nov 15, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $11,113
Mission and Program Overview
Mission
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LEONARD SITAR | Treasurer | - | $0 | - | - |
| JAMES D BISHOP | President | - | $0 | - | - |
| WILLIAM KETCHAM | Vice 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
- 2020-11-15
- 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
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 18,842insurance 3,774delaware corporate fee 236sail repair and maintenance 10,214”
Description of other assets Part II line 24
“Category beginning of year end of yearinventories 61,370 61,370machinery and equipment (net) 18,842 0”
Description of total liabilities Part II line 26
“Category beginning of year end of yearcash overdraft 0 4,586”
Raw XML Appendix115 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 | LEONARD SITAR |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7325418294 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 801 ROOSEVELT AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CARTERET |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07008 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1475 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -24903 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2950 |
| IRS990EZ/FiledScheduleAInd | 0 | false |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 81687 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 61370 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11113 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 11113 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 81687 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 56784 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 81687 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 56784 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LEONARD SITAR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAMES D BISHOP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | WILLIAM KETCHAM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 80212 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 61370 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 33066 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4586 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 36016 |
| IRS990EZ/TotalRevenueAmt | 0 | 11113 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.J44.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION AMOUNTDEPRECIATION 18,842INSURANCE 3,774DELAWARE CORPORATE FEE 236SAIL REPAIR AND MAINTENANCE 10,214 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | CATEGORY BEGINNING OF YEAR END OF YEARINVENTORIES 61,370 61,370MACHINERY AND EQUIPMENT (NET) 18,842 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CATEGORY BEGINNING OF YEAR END OF YEARCASH OVERDRAFT 0 4,586 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | General explanation attachment |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LEONARD SITAR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7325418294 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | J-44 CLASS ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | J-44 |
| ReturnHeader/Filer/EIN | 0 | 223238548 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 801 ROOSEVELT AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CARTERET |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07008 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9F361F4796869A36D903AB078EE7CF651C984DA7 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9F361F4796869A36D903AB078EE7CF651C984DA7 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 2258142020321ouac5qo |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 162.17.233.42 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-11-16 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 11:51:05 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 222201241 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VICTOR GOLDBLAT AND COMPANY LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 477 CHESTNUT STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | UNION |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 07083 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9089645888 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAUL F SHANE |
| ReturnHeader/ReturnTs | 0 | 2020-11-16T11:49:36-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $61,370
- Liabilities
- $4,586
- Net assets
- $56,784
- Revenue
- $11,113
- Expenses
- $36,016
- Net income
- -$24,903