Civic Intelligence

Bone Island Regatta Incorporated

EIN 27-2401579 • 501(c)7 • Sarasota, FL

990-N CoverageNTEE A27

Profile

Provide a multi-community sailboat event

4737 Oak Run DriveSarasota, FL 34243
Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • <$500k nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

NTEE A • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

NTEE A • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

NTEE A • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

NTEE A • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Flat

$1,754

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Flat

$1,754

Flat from 2023

Operations
Liabilities / Revenue59th percentileNet Margin38th percentile

Revenue

Up

$20,696

Up $2,516 (+14%) from 2023

Expenses

Up

$20,696

Up $2,622 (+15%) from 2023

Net Income

Down

$0

Down $106 (-100%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

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

$2.0K$1.5K$1.0K$500$0Assets 2023: $1,754Liabilities 2023: $0Net Assets 2023: $1,7542023Assets 2024: $1,754Liabilities 2024: $0Net Assets 2024: $1,7542024

Highlighted filing

2024

Assets$1,754
Liabilities$0
Net Assets$1,754
Open 2024 Filing

Operations Trend

Revenue Growth62nd percentile

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

$30K$20K$10K$0Revenue 2023: $18,180Expenses 2023: $18,074Net Income 2023: $1062023Revenue 2024: $20,696Expenses 2024: $20,696Net Income 2024: $02024

Highlighted filing

2024

Revenue$20,696
Expenses$20,696
Net Income$0
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$1,754
Liabilities
$0
Net assets
$1,754
Revenue
$20,696
Expenses
$20,696
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$20.7$20.7$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$18.2$18.1$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 13, 2025
Return Version
2024v5.1
Gross Receipts
$20,696
Mission and Program Overview

Mission

Provide a multi-community sailboat event

Program Services

DescriptionGrantsExpenses
MULTI COMMUNITY SAILBOAT EVENT-$18,942
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALICE PETRATDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Bone Island Regatta Incorporated
EIN
27-2401579
In Care Of
% ALICE PETRAT
Phone
9412323635
Address
4737 OAK RUN DRIVE, SARASOTA, FL 34243

Signing Officer

Name
Alice Petrat
Title
Director
Phone
9412323635
Signed
2025-04-13
Discuss with paid preparer
Yes

Preparer

Firm
Finney & Associates Inc
Address
5910 Cortez Rd W Ste 170, Bradenton, FL 34210
Preparer
James Finney Ea
Phone
9417611540
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountADVERTISING 3,700TROPHIES 744BANK FEES 152TEE SHIRTS 4,554EVENTS 7,638RAFFLES 1,039OFFICE EXPENSE 1,134VOLUNTEERS 768MERCHANDISE 275VEHICLE EXPENSE 12”

Raw XML Appendix121 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/PersonNm0ALICE PETRAT
IRS990EZ/BooksInCareOfDetail/PhoneNum09412323635
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04737 OAK RUN DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SARASOTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034243
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01754
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01754
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020696
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0650
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01754
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01754
IRS990EZ/GrossReceiptsAmt020696
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01754
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01754
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01754
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01754
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALICE PETRAT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt020016
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A MULTI-COMMUNITY SAILBOAT EVENT
IRS990EZ/PrintingPublicationsPostageAmt030
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MULTI COMMUNITY SAILBOAT EVENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018942
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020696
IRS990EZ/TotalProgramServiceExpensesAmt018942
IRS990EZ/TotalRevenueAmt020696
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt018180
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010484
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045558
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt045558
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0700
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt018180
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016194
IRS990ScheduleA/Total509Grp/TotalAmt045558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt018180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010484
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016194
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountADVERTISING 3,700TROPHIES 744BANK FEES 152TEE SHIRTS 4,554EVENTS 7,638RAFFLES 1,039OFFICE EXPENSE 1,134VOLUNTEERS 768MERCHANDISE 275VEHICLE EXPENSE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALICE PETRAT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09412323635
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BONE ISLAND REGATTA INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0BONE
ReturnHeader/Filer/EIN0272401579
ReturnHeader/Filer/InCareOfNm0% ALICE PETRAT
ReturnHeader/Filer/PhoneNum09412323635
ReturnHeader/Filer/USAddress/AddressLine1Txt04737 OAK RUN DRIVE
ReturnHeader/Filer/USAddress/CityNm0SARASOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034243
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0651082644
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Finney & Associates Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05910 Cortez Rd W Ste 170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bradenton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034210
ReturnHeader/PreparerPersonGrp/PhoneNum09417611540
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES FINNEY EA
ReturnHeader/ReturnTs02025-04-13T16:18:10-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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