Civic Intelligence

Camano Island Yacht Club

EIN 23-7165829 • 501(c)7 • Stanwood, WA

Profile

To provide a clubhouse and boat launching area for members.

PO Box 1041Stanwood, WA 98292

n/A

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.15x

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

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

36th percentile

-5.1%

Faster asset growth than 36% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

5.6%

Faster revenue growth than 59% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$365,947

Down $19,589 (-5.1%) from 2023

Liabilities

Up

$13,191

Up $2,726 (+26%) from 2023

Net Assets

Down

$352,756

Down $22,315 (-5.9%) from 2023

Revenue

Up

$88,064

Up $4,688 (+5.6%) from 2023

Expenses

Up

$110,379

Up $55,505 (+101%) from 2023

Net Income

Down

-$22,315

Down $50,817 (-178%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $227,926Liabilities 2012: $10,621Net Assets 2012: $217,3052012Assets 2013: $244,404Liabilities 2013: $14,384Net Assets 2013: $230,0202013Assets 2014: $255,211Liabilities 2014: $13,669Net Assets 2014: $241,5422014Assets 2015: $258,380Liabilities 2015: $2,791Net Assets 2015: $255,5892015Assets 2016: $272,171Liabilities 2016: $9,678Net Assets 2016: $262,4932016Assets 2017: $300,750Liabilities 2017: $19,274Net Assets 2017: $281,4762017Assets 2018: $299,491Liabilities 2018: $19,126Net Assets 2018: $280,3652018Assets 2019: $310,100Liabilities 2019: $17,357Net Assets 2019: $292,7432019Assets 2020: $341,430Liabilities 2020: $28,513Net Assets 2020: $312,9172020Assets 2021: $356,476Liabilities 2021: $34,187Net Assets 2021: $322,2892021Assets 2022: $379,592Liabilities 2022: $33,023Net Assets 2022: $346,5692022Assets 2023: $385,536Liabilities 2023: $10,465Net Assets 2023: $375,0712023Assets 2024: $365,947Liabilities 2024: $13,191Net Assets 2024: $352,7562024

Highlighted filing

2024

Assets$365,947
Liabilities$13,191
Net Assets$352,756

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2012: $47,2462012Expenses 2013: $52,0522013Revenue 2014: $67,214Expenses 2014: $55,692Net Income 2014: $11,5222014Revenue 2015: $58,542Expenses 2015: $44,495Net Income 2015: $14,0472015Revenue 2016: $54,521Expenses 2016: $47,617Net Income 2016: $6,9042016Revenue 2017: $62,292Expenses 2017: $43,309Net Income 2017: $18,9832017Revenue 2018: $68,471Expenses 2018: $69,582Net Income 2018: -$1,1112018Revenue 2019: $68,675Expenses 2019: $56,297Net Income 2019: $12,3782019Revenue 2020: $63,430Expenses 2020: $43,256Net Income 2020: $20,1742020Revenue 2021: $52,507Expenses 2021: $43,135Net Income 2021: $9,3722021Revenue 2022: $69,150Expenses 2022: $44,870Net Income 2022: $24,2802022Revenue 2023: $83,376Expenses 2023: $54,874Net Income 2023: $28,5022023Revenue 2024: $88,064Expenses 2024: $110,379Net Income 2024: -$22,3152024

Highlighted filing

2024

Revenue$88,064
Expenses$110,379
Net Income-$22,315

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.13$3.53$0.88$1.10$0.22
2023Detailed filing. Detailed filing data is available for this year.$3.86$0.10$3.75$0.83$0.55$0.29
2022Detailed filing. Detailed filing data is available for this year.$3.80$0.33$3.47$0.69$0.45$0.24
2021Detailed filing. Detailed filing data is available for this year.$3.56$0.34$3.22$0.53$0.43$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.41$0.29$3.13$0.63$0.43$0.20
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.17$2.93$0.69$0.56$0.12
2018Detailed filing. Detailed filing data is available for this year.$2.99$0.19$2.80$0.68$0.70$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.01$0.19$2.81$0.62$0.43$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.72$0.10$2.62$0.55$0.48$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.03$2.56$0.59$0.44$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.14$2.42$0.67$0.56$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.14$2.30$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.28$0.11$2.17$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 27, 2025
Return Version
2023v6.0
Gross Receipts
$99,056
Mission and Program Overview

Mission

To provide a clubhouse and boat launching area for members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$375,071$352,756▼ $22,315
Land, Buildings, and Equipment, Net$228,192$239,853▲ $11,661
Savings and Temporary Cash Investments$62,462$69,644▲ $7,182
Cash and Non-Interest-Bearing Accounts$61,117$50,527▼ $10,590
Inventories for Sale or Use$1,521$5,923▲ $4,402
Accounts Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$385,536$365,947▼ $19,589
Other Assets Total$32,244$0▼ $32,244
Liabilities
Deferred Revenue$4,015$7,112▲ $3,097
Accounts Payable and Accrued Expenses$6,450$6,079▼ $371
Total Liabilities$10,465$13,191▲ $2,726
Net Assets / Fund Balance
Total Net Assets Fund Balance$375,071$352,756▼ $22,315
Total Liabilities and Net Assets / Fund Balance$385,536$365,947▼ $19,589

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$95,512$146,029$241,541
Other Land Buildings$19,041$110,889$129,930
Land$125,300-$125,300
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill PaulsonPast Chair
Brandon AxthelmTrustee
Cheri MollTrustee
Herm BoersemaTrustee
Laurie CookTrustee
Lynda BuehringTrustee
Paul FosterTrustee
Ray MccabeTrustee
Cindy AxthelmCommodore
Paula SheehanPurser
Anthony SchleeVice Commodore
Kim EgglestonYeoman
Revenue and Support

Revenue Composition

Contributions and Grants
$432
Program Service Revenue
$79,902
Investment Income
$232
Other Revenue
$7,498
All Other Contributions
$432
Change in Net Assets
$-22,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$110,379
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$16,767
Insurance---$10,896
Depreciation Depletion---$5,584
All Other Expenses---$4,688
Other Expenses---$2,798
Fees for Services Accounting---$2,525
Office Expenses---$1,901
Advertising---$338
Total Functional Expenses$0$0$0$110,379
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,494
Fundraising Direct Expenses$10,992
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Membership Drive Income$7,459$7,459$6,512$947
Total Events$7,459$7,459$6,512$947
Political and Lobbying Activity
Political campaign 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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Members elect the board at the annual meeting.

Form 990, Part VI, Section A, Line 7B

Members vote for new board members, changes to the bylaws, and to raise dues in excess of 10%.

Form 990, Part VI, Section B, Line 11B

Prior to acceptance of the form 990, board members have the opportunity to review the tax return during a board meeting and/or independently.

Form 990, Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Camano Island Yacht Club
EIN
23-7165829
Address
PO BOX 1041, STANWOOD, WA 98292

Signing Officer

Name
Paula Sheehan
Title
Purser
Signed
2025-08-27
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
0
Employees
0

Preparer

Firm
Langabeer McKernan Burnett PS
Address
PO Box 1269, Stanwood, WA 98292
Preparer
Paul Hernandez CPA
Phone
3606299545
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IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt01949
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0996
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0996
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt016767
IRS990/OfficeExpensesGrp/TotalAmt01901
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt032244
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SEAWALL PROJECT CANCELLED
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3LICENSE AND FEES
IRS990/OtherExpensesGrp/TotalAmt032579
IRS990/OtherExpensesGrp/TotalAmt123371
IRS990/OtherExpensesGrp/TotalAmt28932
IRS990/OtherExpensesGrp/TotalAmt32798
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING INCOME
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CHARTROOM INCOME
IRS990/ProgramServiceRevenueGrp/Desc1FIRST MATES CLUB
IRS990/ProgramServiceRevenueGrp/Desc2Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc3SOCIAL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02488
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12453
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt246580
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328381
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12453
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt246580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328381
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0310
IRS990/PYInvestmentIncomeAmt0123
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt054874
IRS990/PYOtherRevenueAmt028100
IRS990/PYProgramServiceRevenueAmt054843
IRS990/PYRevenuesLessExpensesAmt028502
IRS990/PYTotalExpensesAmt054874
IRS990/PYTotalRevenueAmt083376
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-22315
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0996
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt062820
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0375071
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0352756
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062462
IRS990/SavingsAndTempCashInvstGrp/EOYAmt069644
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt095512
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0146029
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0241541
IRS990ScheduleD/LandGrp/BookValueAmt0125300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0125300
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019041
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0110889
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0129930
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0239853
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06512
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MEMBERSHIP DRIVE INCOME
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt07459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07459
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0947
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06512
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06512
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ELECT THE BOARD AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE FOR NEW BOARD MEMBERS, CHANGES TO THE BYLAWS, AND TO RAISE DUES IN EXCESS OF 10%.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR TO ACCEPTANCE OF THE FORM 990, BOARD MEMBERS HAVE THE OPPORTUNITY TO REVIEW THE TAX RETURN DURING A BOARD MEETING AND/OR INDEPENDENTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0385536
IRS990/TotalAssetsEOYAmt0365947
IRS990/TotalAssetsGrp/BOYAmt0385536
IRS990/TotalAssetsGrp/EOYAmt0365947
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0432
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110379
IRS990/TotalGrossUBIAmt01949
IRS990/TotalLiabilitiesBOYAmt010465
IRS990/TotalLiabilitiesEOYAmt013191
IRS990/TotalLiabilitiesGrp/BOYAmt010465
IRS990/TotalLiabilitiesGrp/EOYAmt013191
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0375071
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352756
IRS990/TotalProgramServiceExpensesAmt0101653
IRS990/TotalProgramServiceRevenueAmt079902
IRS990/TotalRevenueGrp/ExclusionAmt0232
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt080898
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt088064
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01949
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0385536
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0365947
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1041
IRS990/USAddress/CityNm0STANWOOD
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0982921041
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAULA SHEEHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PURSER
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAMANO ISLAND YACHT CLUB
ReturnHeader/Filer/BusinessNameControlTxt0CAMA
ReturnHeader/Filer/EIN0237165829
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1041
ReturnHeader/Filer/USAddress/CityNm0STANWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA

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