Civic Intelligence

Harbor Island Yacht Club Inc

990EZ • Fiscal year 2024 • EIN 23-7372614

Apr 01, 2023 to Mar 31, 2024 • Filed on Sep 13, 2024

Organization Profilewww.hiyc.org
PO Box 8117Hermitage, TN 37076-9998

(615) 361-7118

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

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

Liabilities / Revenue

66th percentile

0.02x

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

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

Net Margin

65th percentile

8.4%

Higher net margin than 65% of similar nonprofits.

2024 filings • 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.

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

Asset Growth

51st percentile

2.0%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

17th percentile

-17%

Faster revenue growth than 17% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$299,039

Up $5,983 (+2.0%) from 2023

Net Assets

Up

$295,915

Up $7,184 (+2.5%) from 2023

Liabilities

Down

$3,124

Down $1,201 (-28%) from 2023

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin65th percentile

Revenue

Down

$152,072

Down $30,977 (-17%) from 2023

Expenses

Down

$139,236

Down $15,062 (-9.8%) from 2023

Net Income

Down

$12,836

Down $15,915 (-55%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$400K$300K$200K$100K$0Assets 2017: $168,232Liabilities 2017: $0Net Assets 2017: $168,2322017Assets 2020: $225,226Liabilities 2020: $1,493Net Assets 2020: $223,7332020Assets 2021: $213,665Liabilities 2021: $2,340Net Assets 2021: $211,3252021Assets 2022: $256,966Liabilities 2022: $1,870Net Assets 2022: $255,0962022Assets 2023: $293,056Liabilities 2023: $4,325Net Assets 2023: $288,7312023Assets 2024: $299,039Liabilities 2024: $3,124Net Assets 2024: $295,9152024Assets 2025: $304,931Liabilities 2025: $2,297Net Assets 2025: $302,6342025

Highlighted filing

2024

Assets$299,039
Liabilities$3,124
Net Assets$295,915
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

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

$200K$100K$0-$100KRevenue 2017: $185,121Expenses 2017: $157,769Net Income 2017: $27,3522017Revenue 2020: $132,554Expenses 2020: $117,914Net Income 2020: $14,6402020Revenue 2021: $112,032Expenses 2021: $124,440Net Income 2021: -$12,4082021Revenue 2022: $189,362Expenses 2022: $145,591Net Income 2022: $43,7712022Revenue 2023: $183,049Expenses 2023: $154,298Net Income 2023: $28,7512023Revenue 2024: $152,072Expenses 2024: $139,236Net Income 2024: $12,8362024Revenue 2025: $157,753Expenses 2025: $154,518Net Income 2025: $3,2352025

Highlighted filing

2024

Revenue$152,072
Expenses$139,236
Net Income$12,836
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Mar 31, 2024
Signed
Sep 13, 2024
Return Version
2023v5.0
Gross Receipts
$152,072
Mission and Program Overview

Mission

Sailboat training, racing, cruising and social events for sailors. We are a group of friends who get together to enjoy the sport of sailing.

The purposes of the Club shall be to promote sailing in all its branches; to help promote a code of ethics and safety for the waterways; to provide instruction in boat handling and seamanship; to form a social and activity nucleus for individuals and their families interested in yachting; to develop an active relationship with other sailing organizations; and to foster the Corinthian spirit of good fellowship. The Club will construct and maintain such facilities as are required to accomplish these purposes. The Club is not and shall not be maintained for pecuniary profits.

Program Services

DescriptionGrantsExpenses
Variety of social and charitable events for members, visiting competitors and the middle Tennessee community at large-$8,827
Sail Camp-$4,000
Competitive, instructional and charitable event for members, other sailing organizations and the middle Tennessee community at large through out the year-$3,035
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian SmoklerCommodorePT$0--
Tim ParshallVice CommodorePT$0--
Jay PigueSecretaryPT$0--
Jeff SonsinoBoard MemberPT$0--
Elizabeth PorterBoard MemberPT$0--
Linda MorrisBoard MemberPT$0--
Julie BollingerRear CommodorePT$0--
Tom HinesTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Laser Regatta Squadron
EIN
23-7372614
Phone
6153617118
Address
PO Box 8117, Hermitage, TN 37076-9998

Signing Officer

Name
Brian Smokler
Title
Commodore
Phone
6154912758
Signed
2024-09-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Program expenses;16845^Total;16845^”

Form 990-EZ, Part I, Line 20

“Description;Amount^Failure to properly record certain receivables;-5652^Total;-5652^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Sales tax payable;3124^Total;3124^”

Raw XML Appendix155 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Tom Hines
IRS990EZ/BooksInCareOfDetail/PhoneNum06153617118
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 8117
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hermitage
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0370769998
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0144191
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0163383
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt012836
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0293056
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0299039
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0152072
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt01569
IRS990EZ/InvestmentIncomeAmt014
IRS990EZ/LandAndBuildingsGrp/BOYAmt088757
IRS990EZ/LandAndBuildingsGrp/EOYAmt0135656
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0149693
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0288731
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0295915
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0288731
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0295915
IRS990EZ/OccupancyRentUtltsAndMaintAmt0122391
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt17
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt27
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt67.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt710
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Brian Smokler
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Tim Parshall
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jay Pigue
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jeff Sonsino
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Elizabeth Porter
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Linda Morris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Julie Bollinger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Tom Hines
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Rear Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060108
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-5652
IRS990EZ/OtherExpensesTotalAmt016845
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The purposes of the Club shall be to promote sailing in all its branches; to help promote a code of ethics and safety for the waterways; to provide instruction in boat handling and seamanship; to form a social and activity nucleus for individuals and their families interested in yachting; to develop an active relationship with other sailing organizations; and to foster the Corinthian spirit of good fellowship. The Club will construct and maintain such facilities as are required to accomplish these purposes. The Club is not and shall not be maintained for pecuniary profits.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt02365
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Competitive, instructional and charitable event for members, other sailing organizations and the middle Tennessee community at large through out the year
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Sail Camp
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Variety of social and charitable events for members, visiting competitors and the middle Tennessee community at large
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03035
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt28827
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04325
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03124
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt0139236
IRS990EZ/TotalProgramServiceExpensesAmt015862
IRS990EZ/TotalRevenueAmt0152072
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.hiyc.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Program expenses;16845^Total;16845^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Failure to properly record certain receivables;-5652^Total;-5652^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Sales tax payable;3124^Total;3124^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Hospitalization of preparer delayed filing.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Brian Smokler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Commodore
ReturnHeader/BusinessOfficerGrp/PhoneNum06154912758
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LASER REGATTA SQUADRON
ReturnHeader/Filer/BusinessNameControlTxt0LASE
ReturnHeader/Filer/EIN0237372614
ReturnHeader/Filer/PhoneNum06153617118
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 8117
ReturnHeader/Filer/USAddress/CityNm0Hermitage
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0370769998
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-09-13T17:40:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-04-01
ReturnHeader/TaxPeriodEndDt02024-03-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$299,039
Liabilities
$3,124
Net assets
$295,915
Revenue
$152,072
Expenses
$139,236
Net income
$12,836
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.05$0.02$3.03$1.58$1.55$0.03
2024Detailed filing. Detailed filing data is available for this year.$2.99$0.03$2.96$1.52$1.39$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.93$0.04$2.89$1.83$1.54$0.29
2022Detailed filing. Detailed filing data is available for this year.$2.57$0.02$2.55$1.89$1.46$0.44
2021Detailed filing. Detailed filing data is available for this year.$2.14$0.02$2.11$1.12$1.24$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.01$2.24$1.33$1.18$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$1.85$1.58$0.27