Civic Intelligence

Ocean City Sailing Foundation

990EZ • Fiscal year 2018 • EIN 26-1075933

Jan 01, 2018 to Dec 31, 2018 • Filed on May 15, 2019

Organization ProfileWWW.OCSAILINGFOUNDATION.ORG
PO Box 492Ocean City, NJ 08226

(609) 405-0148

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

2018 filings • NTEE N67 • <$500k nonprofits • Source year 2018

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2018 filings • NTEE N • <$500k nonprofits • Source year 2018

Asset Growth

23rd percentile

-14%

Faster asset growth than 23% of similar nonprofits.

2018 filings • NTEE N • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-10%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • NTEE N • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$116,414

Down $18,522 (-14%) from 2017

Net Assets

Down

$116,414

Down $18,522 (-14%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin12th percentile

Revenue

Down

$64,300

Down $7,207 (-10%) from 2017

Expenses

Up

$82,822

Up $27,406 (+49%) from 2017

Net Income

Down

-$18,522

Down $34,613 (-215%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$150K$100K$50K$0Assets 2010: $70,396Net Assets 2010: $70,3962010Assets 2011: $85,857Net Assets 2011: $85,8572011Assets 2012: $98,518Net Assets 2012: $98,5182012Assets 2013: $97,010Net Assets 2013: $97,0102013Assets 2014: $105,912Net Assets 2014: $105,9122014Assets 2015: $110,165Net Assets 2015: $110,1652015Assets 2016: $118,845Net Assets 2016: $118,8452016Assets 2017: $134,936Net Assets 2017: $134,9362017Assets 2018: $116,414Net Assets 2018: $116,4142018Assets 2019: $119,386Liabilities 2019: $1,115Net Assets 2019: $118,2712019Assets 2020: $118,581Liabilities 2020: $1,353Net Assets 2020: $117,2282020Assets 2021: $121,732Liabilities 2021: $690Net Assets 2021: $121,0422021Assets 2022: $113,137Net Assets 2022: $113,1372022Assets 2023: $95,044Net Assets 2023: $95,0442023Assets 2024: $78,097Liabilities 2024: $200Net Assets 2024: $77,8972024

Highlighted filing

2018

Assets$116,414
Liabilities-
Net Assets$116,414
Open 2018 Filing

Operations Trend

Revenue Growth31st percentile

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

$100K$50K$0-$50KRevenue 2010: $53,490Expenses 2010: $40,244Net Income 2010: $13,2462010Revenue 2011: $68,830Expenses 2011: $53,369Net Income 2011: $15,4612011Revenue 2012: $74,258Expenses 2012: $61,597Net Income 2012: $12,6612012Revenue 2013: $61,572Expenses 2013: $63,080Net Income 2013: -$1,5082013Revenue 2014: $75,776Expenses 2014: $66,874Net Income 2014: $8,9022014Revenue 2015: $70,511Expenses 2015: $66,258Net Income 2015: $4,2532015Revenue 2016: $62,983Expenses 2016: $54,303Net Income 2016: $8,6802016Revenue 2017: $71,507Expenses 2017: $55,416Net Income 2017: $16,0912017Revenue 2018: $64,300Expenses 2018: $82,822Net Income 2018: -$18,5222018Revenue 2019: $66,346Expenses 2019: $64,490Net Income 2019: $1,8562019Revenue 2020: $68,892Expenses 2020: $69,934Net Income 2020: -$1,0422020Revenue 2021: $81,061Expenses 2021: $77,246Net Income 2021: $3,8152021Revenue 2022: $64,396Expenses 2022: $72,301Net Income 2022: -$7,9052022Revenue 2023: $56,351Expenses 2023: $74,446Net Income 2023: -$18,0952023Revenue 2024: $59,452Expenses 2024: $76,598Net Income 2024: -$17,1462024

Highlighted filing

2018

Revenue$64,300
Expenses$82,822
Net Income-$18,522
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 15, 2019
Return Version
2018v3.1
Gross Receipts
$64,330
Mission and Program Overview

Mission

Provided sailing lessons to children in the greater ocean city area

Program Services

DescriptionGrantsExpenses
PROVIDED SAILING LESSONS TO CHILDREN IN THE GREATER OCEAN CITY AREA-$82,022
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN PARKERVice PresidePT$0--
MICHAEL MCGUCKINPresidentPT$0--
ELIZABETH H BURNSTreasurerPT$0--
PATRICIA HAUGHEYSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Ocean City Sailing Foundation
EIN
26-1075933
Phone
6094050148
Address
PO BOX 492, OCEAN CITY, NJ 08226

Signing Officer

Name
Elizabeth H Burns
Title
Treasurer
Phone
6094050148
Signed
2019-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Fitzpatrick Bongiovanni & Kelly Pc
Address
401 NEW RD STE 102, LINWOOD, NJ 08221
Preparer
Thomas W Aromando
Phone
6096530110
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 229 insurance 8,007 boats maintenance and sto 7,151 fuel 315 newsletter and web 1,530 other costs 1,387 purchases 1,508 supplies 540 non-investment depreciation 28,983 total 49,650”

Form 990-ez, Part II, Line 24

“97,821 95,300 less accumulated depreciation 55,216 63,324 29,223 29,223 total 71,828 61,199”

Raw XML Appendix150 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/BooksInCareOfDetail/PersonNm0ELIZABETH H BURNS
IRS990EZ/BooksInCareOfDetail/PhoneNum06094050148
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0249 NORTH POINT RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OCEAN CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008226
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt063108
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055215
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013141
IRS990EZ/CostOfGoodsSoldAmt030
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-18522
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0134936
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0116414
IRS990EZ/GrossProfitLossSlsOfInvntryAmt030
IRS990EZ/GrossReceiptsAmt064330
IRS990EZ/GrossSalesOfInventoryAmt060
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0134936
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0116414
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0134936
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0116414
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL MCGUCKIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELIZABETH H BURNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PATRICIA HAUGHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt071828
IRS990EZ/OtherAssetsTotalDetail/EOYAmt061199
IRS990EZ/OtherExpensesTotalAmt049650
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDED SAILING LESSONS TO CHILDREN IN THE GREATER OCEAN CITY AREA
IRS990EZ/PrintingPublicationsPostageAmt0443
IRS990EZ/ProgramServiceRevenueAmt051127
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED SAILING LESSONS TO CHILDREN IN THE GREATER OCEAN CITY AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt082022
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032729
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt082822
IRS990EZ/TotalProgramServiceExpensesAmt082022
IRS990EZ/TotalRevenueAmt064300
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OCSAILINGFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013141
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt017690
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt016392
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt078938
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt068
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt078938
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt017465
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt014250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt016392
IRS990ScheduleA/Total509Grp/TotalAmt078938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013143
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt017465
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt014250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt017756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt016392
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt079006
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 229 INSURANCE 8,007 BOATS MAINTENANCE AND STO 7,151 FUEL 315 NEWSLETTER AND WEB 1,530 OTHER COSTS 1,387 PURCHASES 1,508 SUPPLIES 540 NON-INVESTMENT DEPRECIATION 28,983 TOTAL 49,650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt197,821 95,300 LESS ACCUMULATED DEPRECIATION 55,216 63,324 29,223 29,223 TOTAL 71,828 61,199
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH H BURNS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06094050148
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCEAN CITY SAILING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0261075933
ReturnHeader/Filer/PhoneNum06094050148
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 492
ReturnHeader/Filer/USAddress/CityNm0OCEAN CITY
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.224.175.198
ReturnHeader/FilingSecurityInformation/IPDt02019-06-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:54:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223507266
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FITZPATRICK BONGIOVANNI & KELLY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0401 NEW RD STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LINWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008221
ReturnHeader/PreparerPersonGrp/PhoneNum06096530110
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS W AROMANDO
ReturnHeader/ReturnTs02019-06-11T12:54:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$116,414
Liabilities
-
Net assets
$116,414
Revenue
$64,300
Expenses
$82,822
Net income
-$18,522
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.59$0.77$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.56$0.74$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.13$1.13$0.64$0.72$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.01$1.21$0.81$0.77$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.17$0.69$0.70$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$0.66$0.64$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.16$1.16$0.64$0.83$0.19
2017Detailed filing. Detailed filing data is available for this year.$1.35$1.35$0.72$0.55$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.19$1.19$0.63$0.54$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.10$1.10$0.71$0.66$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.06$1.06$0.76$0.67$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.97$0.62$0.63$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.99$0.74$0.62$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.86$0.69$0.53$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.70$0.53$0.40$0.13