Civic Intelligence

East Coast Gold

EIN 23-3077235 • 501(c)3 • Virginia Beach, VA

Profile

Train/Sponsor Athletes in Olympic Weightlifting

5741 Bayside Road 101Virginia Beach, VA 23455

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.23x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.07x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-37%

Higher net margin than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$3,600

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-33%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-15%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$13,192

Up $12,417 (+1602%) from 2022

Liabilities

Up

$2,530

Up $2,039 (+415%) from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue81st percentileNet Margin17th percentile

Revenue

Up

$33,542

Up $1,878 (+5.9%) from 2022

Expenses

Down

$34,004

Down $10,642 (-24%) from 2022

Net Income

Up

-$462

Up $12,520 (+96%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$40K$30K$20K$10K$0Assets 2011: $28,162Liabilities 2011: $10,1402011Assets 2012: $22,018Liabilities 2012: $02012Assets 2013: $24,313Liabilities 2013: $3,0682013Assets 2014: $13,127Liabilities 2014: $6,8692014Assets 2015: $26,302Liabilities 2015: $1,6782015Assets 2016: $27,606Liabilities 2016: $2,2282016Assets 2017: $28,091Liabilities 2017: $2,802Net Assets 2017: $25,2892017Assets 2018: $21,541Liabilities 2018: $1,030Net Assets 2018: $20,5112018Assets 2019: $30,866Liabilities 2019: $1,352Net Assets 2019: $29,5142019Assets 2020: $13,658Liabilities 2020: $392Net Assets 2020: $13,2662020Assets 2021: $14,176Liabilities 2021: $910Net Assets 2021: $13,2662021Assets 2022: $775Liabilities 2022: $491Net Assets 2022: $2842022Assets 2023: $13,192Liabilities 2023: $2,5302023

Highlighted filing

2023

Assets$13,192
Liabilities$2,530
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth38th percentile

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

$100K$50K$0-$50KRevenue 2011: $54,560Expenses 2011: $60,243Net Income 2011: -$5,6832011Revenue 2012: $63,344Expenses 2012: $67,743Net Income 2012: -$4,3992012Revenue 2013: $63,940Expenses 2013: $56,216Net Income 2013: $7,7242013Revenue 2014: $61,663Expenses 2014: $75,755Net Income 2014: -$14,0922014Revenue 2015: $74,466Expenses 2015: $56,541Net Income 2015: $17,9252015Revenue 2016: $53,382Expenses 2016: $52,628Net Income 2016: $7542016Revenue 2017: $48,923Expenses 2017: $49,012Net Income 2017: -$892017Revenue 2018: $67,041Expenses 2018: $71,819Net Income 2018: -$4,7782018Revenue 2019: $64,843Expenses 2019: $55,840Net Income 2019: $9,0032019Revenue 2020: $30,661Expenses 2020: $28,176Net Income 2020: $2,4852020Revenue 2021: $36,568Expenses 2021: $36,515Net Income 2021: $532021Revenue 2022: $31,664Expenses 2022: $44,646Net Income 2022: -$12,9822022Revenue 2023: $33,542Expenses 2023: $34,004Net Income 2023: -$4622023

Highlighted filing

2023

Revenue$33,542
Expenses$34,004
Net Income-$462
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$13,192
Liabilities
$2,530
Net assets
-
Revenue
$33,542
Expenses
$34,004
Net income
-$462
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$13.2$2.53$33.5$34.0$0.46
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.49$0.28$31.7$44.6$13.0
2021Detailed filing. Detailed filing data is available for this year.$14.2$0.91$13.3$36.6$36.5$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.39$13.3$30.7$28.2$2.49
2019Detailed filing. Detailed filing data is available for this year.$30.9$1.35$29.5$64.8$55.8$9.00
2018Detailed filing. Detailed filing data is available for this year.$21.5$1.03$20.5$67.0$71.8$4.78
2017Detailed filing. Detailed filing data is available for this year.$28.1$2.80$25.3$48.9$49.0$0.09
2016Summary only. Only limited summary data is available for this year.$27.6$2.23$53.4$52.6$0.75
2015Summary only. Only limited summary data is available for this year.$26.3$1.68$74.5$56.5$17.9
2014Summary only. Only limited summary data is available for this year.$13.1$6.87$61.7$75.8$14.1
2013Summary only. Only limited summary data is available for this year.$24.3$3.07$63.9$56.2$7.72
2012Summary only. Only limited summary data is available for this year.$22.0$0.00$63.3$67.7$4.40
2011Summary only. Only limited summary data is available for this year.$28.2$10.1$54.6$60.2$5.68
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 22, 2022
Return Version
2021v4.0
Gross Receipts
$36,568
Mission and Program Overview

Mission

Train/Sponsor Athletes in Olympic Weightlifting

Program Services

DescriptionGrantsExpenses
East Coast Gold sponsored athletes with living expenses, education and travel to competitions$12,172-
East Coast Gold held its two annual weightlifting meets$6,172-
East Coast Gold held its annual weightlifting camps$2,592-
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phil SabatiniPresidentPT$1,500-$1,500
Leo TottenCEOPT$500-$500
Cait FinnVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
East Coast Gold
EIN
23-3077235
Phone
7173595317
Address
5741 Bayside Road 101, Virginia Beach, VA 23455

Signing Officer

Name
Phil Sabatini
Title
President
Signed
2022-02-22
Discuss with paid preparer
Yes

Preparer

Firm
Incite Tax and Accounting
Address
38 W 13775 S Ste 310, Draper, UT 84020
Preparer
Amanda Thornton CPA
Phone
8019998295
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $900”

Other Expenses.1002

“Office Expenses $11160”

Other Expenses.1005

“Travel $6427”

Other Expenses.1

“Athlete Incentive $6956”

Other Expenses.2

“Performance Reimbursements $3566”

Other Expenses.3

“Operations $1610”

Other Expenses.4

“Meals $922”

Other Expenses.5

“Events $541”

Other Expenses.6

“Computer & Internet $331”

Other Expenses.7

“Bank Charges $142”

Total Liabilities.1

“Credit Cards - Beginning $392 Credit Cards - Ending $910”

Raw XML Appendix178 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Virginia Beach
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013658
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IRS990EZ/ContributionsGiftsGrantsEtcAmt036390
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt053
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01960
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013266
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013266
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013266
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Leo Totten
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Cait Finn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-53
IRS990EZ/OtherExpensesTotalAmt032555
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Train/Sponsor Athletes in Olympic Weightlifting
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0East Coast Gold held its two annual weightlifting meets
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1East Coast Gold sponsored athletes with living expenses, education and travel to competitions
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2East Coast Gold held its annual weightlifting camps
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06172
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt112172
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt22592
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0392
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0910
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt036515
IRS990EZ/TotalProgramServiceExpensesAmt020936
IRS990EZ/TotalRevenueAmt036568
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06786
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0544
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt032752
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt029604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029960
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt034751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0214819
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt064713
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt067041
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt048923
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0247571
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $11160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $6427
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Athlete Incentive $6956
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Performance Reimbursements $3566
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Operations $1610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Events $541
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Computer & Internet $331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bank Charges $142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Credit Cards - Beginning $392 Credit Cards - Ending $910
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Phil Sabatini
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0East Coast Gold
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0233077235
ReturnHeader/Filer/PhoneNum07173595317
ReturnHeader/Filer/USAddress/AddressLine1Txt05741 Bayside Road 101
ReturnHeader/Filer/USAddress/CityNm0Virginia Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerPersonGrp/PhoneNum08019998295
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amanda Thornton CPA
ReturnHeader/ReturnTs02022-02-22T18:47:01-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Phil
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Sabatini
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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