Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
EIN 38-1302367 • 501(c)7 • Grosse Ile, MI
Profile
See form 990, page 1 part 1, line 1.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Assets
Down$947,332
Down $36,444 (-3.7%) from 2023
Liabilities
Down$464,706
Down $23,811 (-4.9%) from 2023
Net Assets
Down$482,626
Down $12,633 (-2.6%) from 2023
Revenue
Up$915,060
Up $144,167 (+19%) from 2023
Expenses
Up$923,995
Up $97,078 (+12%) from 2023
Net Income
Up-$8,935
Up $47,089 (+84%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
See form 990, page 1 part 1, line 1.
The purpose of the organization is to foster and stimulate interest in and aid the members to improve their knowledge in the art of boating and navigation of boats; to promote socialability among their members, families and friends.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $414,135 | $420,915 | ▲ $6,780 |
| Land, Buildings, and Equipment, Net | $440,418 | $399,911 | ▼ $40,507 |
| Accounts Receivable | $79,589 | $79,837 | ▲ $248 |
| Inventories for Sale or Use | $31,207 | $22,998 | ▼ $8,209 |
| Savings and Temporary Cash Investments | $10,133 | $15,079 | ▲ $4,946 |
| Prepaid Expenses and Deferred Charges | $4,606 | $6,097 | ▲ $1,491 |
| Intangible Assets | $3,688 | $2,495 | ▼ $1,193 |
| Total Assets | $983,776 | $947,332 | ▼ $36,444 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $438,018 | $414,785 | ▼ $23,233 |
| Other Liabilities | $26,795 | $26,795 | → $0 |
| Accounts Payable and Accrued Expenses | $23,704 | $23,126 | ▼ $578 |
| Total Liabilities | $488,517 | $464,706 | ▼ $23,811 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $495,259 | $482,626 | ▼ $12,633 |
| Total Net Assets Fund Balance | $495,259 | $482,626 | ▼ $12,633 |
| Total Liabilities and Net Assets / Fund Balance | $983,776 | $947,332 | ▼ $36,444 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $392,311 | $2,483,665 | $2,875,976 |
| Land | $7,600 | - | $7,600 |
| Name | Title |
|---|---|
| Alec Chabalowski | Director |
| Anthony Lagina | Director |
| Beth Baker | Director |
| Brian Athey | Director |
| Jeff Brower | Director |
| Michael Fluegemann | Director |
| Wes Paisley | Director |
| Andy Morrison | Commodore |
| Erik Heilman | Finance |
| Kevin Porter | Rear Commodo |
| Janet Joyce | Secretary |
| Jim Ferguson | Vice Commodo |
| Line Item | Amount |
|---|---|
| Other Expenses | $806,515 |
| Salaries, Compensation, and Employee Benefits | $117,480 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $31,757 | $73,750 | - | $105,507 |
| Depreciation Depletion | $51,661 | - | - | $51,661 |
| Insurance | $36,698 | - | - | $36,698 |
| Other Expenses | $29,611 | - | - | $29,611 |
| Information Technology | $18,491 | - | - | $18,491 |
| Interest | $14,123 | - | - | $14,123 |
| Payroll Taxes | $1,802 | $6,389 | - | $8,191 |
| All Other Expenses | $4,462 | - | - | $4,462 |
| Other Employee Benefits | $756 | $3,026 | - | $3,782 |
| Office Expenses | $3,168 | - | - | $3,168 |
| Advertising | $3,155 | - | - | $3,155 |
| Fees for Services Accounting | $2,920 | - | - | $2,920 |
| Total Functional Expenses | $840,830 | $83,165 | $0 | $923,995 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deferred Dues Income | $26,795 |
“Line 6, classes of member or stockholders, grosse ile yacht club has member line 7a. Election of members and their rights. Elections held annually in line 7b. Decisions subject to approval of members. Members must approve line 11b. Organization's process to review 990, no review was or will be line 19. Governing documents disclosure explanation. No documents”
“YES”
“YES”
“YES”
“No review was or will be conducted.”
“No documents available to public.”
“Line 4d, all other accomplishements, currently serving 234 members”
“Currently serving 254 members.”
“Book / tax depreciation difference -3,698”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 79837 |
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| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF THE ORGANIZATION IS TO FOSTER AND STIMULATE INTEREST IN AND AID THE MEMBERS TO IMPROVE THEIR KNOWLEDGE IN THE ART OF BOATING AND NAVIGATION OF BOATS; TO PROMOTE SOCIALABILITY AMONG THEIR MEMBERS, FAMILIES AND FRIENDS. |
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| IRS990/AdvertisingGrp/TotalAmt | 0 | 3155 |
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| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
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| IRS990/InsuranceGrp/TotalAmt | 0 | 36698 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 3688 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 2495 |
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| IRS990/InterestGrp/TotalAmt | 0 | 14123 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 125016 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 51911 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 29611 |
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| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 26795 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6097 |
| IRS990/PrincipalOfficerNm | 0 | ERIK HEILMAN |
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| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 713990 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 453220 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | RESTAURANT & BEVERAGE, NET |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MEMBERSHIP DUES & ASSESSMENTS |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | STORAGE, HAUL OUT & DOCKAGE |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | RESTAURANT &^ BEVERAGE NET |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | BOATING PROG REGIST FEES |
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| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 13555 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 137936 |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 4 | 13555 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 25463 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | CURRENTLY SERVING 254 MEMBERS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYTotalRevenueAmt | 0 | 770893 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -8935 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 10133 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 15079 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 392311 |
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| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2875976 |
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| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 7600 |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DEFERRED DUES INCOME |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CURRENTLY SERVING 254 MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LINE 6, CLASSES OF MEMBER OR STOCKHOLDERS, GROSSE ILE YACHT CLUB HAS MEMBER LINE 7A. ELECTION OF MEMBERS AND THEIR RIGHTS. ELECTIONS HELD ANNUALLY IN LINE 7B. DECISIONS SUBJECT TO APPROVAL OF MEMBERS. MEMBERS MUST APPROVE LINE 11B. ORGANIZATION'S PROCESS TO REVIEW 990, NO REVIEW WAS OR WILL BE LINE 19. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION. NO DOCUMENTS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | YES |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | NO DOCUMENTS AVAILABLE TO PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | BOOK / TAX DEPRECIATION DIFFERENCE -3,698 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 464706 |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIK HEILMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | FINANCE |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GROS |
| ReturnHeader/Filer/EIN | 0 | 381302367 |
| ReturnHeader/Filer/PhoneNum | 0 | 7346760211 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 29677 EAST RIVER ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GROSSE ILE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48138 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | O'BRIEN & CO PLLC |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DEARBORN HEIGHTS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 48125 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3132922020 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES A O'BRIEN CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-30T11:40:24-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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