Civic Intelligence

Spring Lake Yacht Club

EIN 38-6018020 • 501(c)7 • Spring Lake, MI

Profile

TO PROMOTE SAILING

PO Box 444Spring Lake, MI 49456

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

72nd percentile

0.04x

Higher debt load relative to revenue than 72% of similar nonprofits.

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

Net Margin

74th percentile

14%

Higher net margin than 74% 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

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

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

Revenue Growth

78th percentile

21%

Faster revenue growth than 78% of similar nonprofits.

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

Assets

Up

$141,359

Up $16,748 (+13%) from 2023

Liabilities

Down

$5,046

Down $3,190 (-39%) from 2023

Net Assets

Up

$136,313

Up $19,938 (+17%) from 2023

Revenue

Up

$142,068

Up $24,556 (+21%) from 2023

Expenses

Down

$122,130

Down $650 (-0.5%) from 2023

Net Income

Up

$19,938

Up $25,206 (+478%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $50,128Liabilities 2011: $1,1252011Assets 2012: $64,314Liabilities 2012: $542Net Assets 2012: $63,7722012Assets 2013: $67,526Liabilities 2013: $3,570Net Assets 2013: $63,9562013Assets 2014: $78,043Liabilities 2014: $4,457Net Assets 2014: $73,5862014Assets 2015: $96,391Liabilities 2015: $13,7002015Assets 2016: $103,555Liabilities 2016: $2,8502016Assets 2017: $100,099Liabilities 2017: $02017Assets 2018: $135,720Liabilities 2018: $2,7062018Assets 2019: $129,272Liabilities 2019: $1092019Assets 2020: $118,355Liabilities 2020: $867Net Assets 2020: $118,3552020Assets 2021: $124,481Liabilities 2021: $1,291Net Assets 2021: $123,1902021Assets 2022: $127,983Liabilities 2022: $6,340Net Assets 2022: $121,6432022Assets 2023: $124,611Liabilities 2023: $8,236Net Assets 2023: $116,3752023Assets 2024: $141,359Liabilities 2024: $5,046Net Assets 2024: $136,3132024

Highlighted filing

2024

Assets$141,359
Liabilities$5,046
Net Assets$136,313

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $68,153Expenses 2011: $64,837Net Income 2011: $3,3162011Revenue 2012: $93,171Expenses 2012: $78,402Net Income 2012: $14,7692012Revenue 2013: $90,342Expenses 2013: $90,159Net Income 2013: $1832013Revenue 2014: $99,260Expenses 2014: $89,630Net Income 2014: $9,6302014Revenue 2015: $119,860Expenses 2015: $108,206Net Income 2015: $11,6542015Revenue 2016: $156,181Expenses 2016: $137,867Net Income 2016: $18,3142016Revenue 2017: $114,973Expenses 2017: $115,579Net Income 2017: -$6062017Revenue 2018: $135,431Expenses 2018: $102,516Net Income 2018: $32,9152018Revenue 2019: $125,017Expenses 2019: $128,868Net Income 2019: -$3,8512019Revenue 2020: $76,742Expenses 2020: $87,333Net Income 2020: -$10,5912020Revenue 2021: $145,717Expenses 2021: $140,883Net Income 2021: $4,8342021Revenue 2022: $125,599Expenses 2022: $127,146Net Income 2022: -$1,5472022Revenue 2023: $117,512Expenses 2023: $122,780Net Income 2023: -$5,2682023Revenue 2024: $142,068Expenses 2024: $122,130Net Income 2024: $19,9382024

Highlighted filing

2024

Revenue$142,068
Expenses$122,130
Net Income$19,938

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.41$0.05$1.36$1.42$1.22$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.08$1.16$1.18$1.23$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.06$1.22$1.26$1.27$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$1.46$1.41$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.18$0.77$0.87$0.11
2019Summary only. Only limited summary data is available for this year.$1.29$0.00$1.25$1.29$0.04
2018Summary only. Only limited summary data is available for this year.$1.36$0.03$1.35$1.03$0.33
2017Summary only. Only limited summary data is available for this year.$1.00$0.00$1.15$1.16$0.01
2016Summary only. Only limited summary data is available for this year.$1.04$0.03$1.56$1.38$0.18
2015Summary only. Only limited summary data is available for this year.$0.96$0.14$1.20$1.08$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.04$0.74$0.99$0.90$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.68$0.04$0.64$0.90$0.90$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.01$0.64$0.93$0.78$0.15
2011Summary only. Only limited summary data is available for this year.$0.50$0.01$0.68$0.65$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 3, 2025
Return Version
2024v5.0
Gross Receipts
$142,068
Mission and Program Overview

Mission

TO PROMOTE SAILING

Program Services

DescriptionGrantsExpenses
TO PROMOTE SAILING TO ALL PEOPLE IN THE SPRING LAKE & SURROUNDING AREAS BY OFFERING A REGULAR RACING VENUE DURING THE SUMMER SEASON--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA HENRYPresident-$0--
ANDY VINKDirector-$0--
HEATHER PETERSONVice President-$0--
MEGAN MILLIRONDirector-$0--
MIKE GASSMANDirector-$0--
JAKE JACKSONSecretary-$0--
ANDY MOLESTADirector-$0--
TIM LUCASDirector-$0--
ANDY HUBBARDTreasurer-$0--
TIM LUCASDirector-$0--
FRANK REEGDirector-$0--
TRAVIS MORGANDirector-$0--
JAEDEN SHELTONDirector-$0--
MICHELLE KNAPEDirector-$0--
GRANT JAMESDirector-$0--
KEVIN HAVILANDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Spring Lake Yacht Club
EIN
38-6018020
Phone
7085740736
Address
PO BOX 444, SPRING LAKE, MI 49456

Signing Officer

Name
Andy Hubbard
Title
Treasurer
Signed
2025-03-03
Discuss with paid preparer
Yes

Preparer

Firm
Selby Tax & Accounting PC
Address
841 Slayton Ave, Grand Haven, MI 49417
Preparer
Abby Selby CPA
Phone
6166133222
Supplemental Narrative

Additional Explanations

Other Revenue.1

NON MEMBER RENTAL $8150

Other Revenue.2

MEMBER RENTALS $1050

Other Expenses.1002

Office Expenses $599

Other Expenses.1009

Depreciation $7426

Other Expenses.1012

Insurance $7561

Other Expenses.1

Party Expense $18789

Other Expenses.2

Regatta Exp $16271

Other Expenses.3

Taxes $11635

Other Expenses.4

Concession $3008

Other Expenses.5

Publishing $2706

Other Expenses.6

Merchant Fees $2373

Other Expenses.7

Dues $1830

Other Expenses.9

Misc $841

Other Expenses.11

Bank Fees $387

Other Assets.1002

Furniture and Fixtures - Beginning $537 Furniture and Fixtures - Ending $453

Other Assets.1003

Machinery and Equipment - Beginning $5718 Machinery and Equipment - Ending $3431

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $7532

Other Assets.1

ASSET CLEARING - Beginning $0 ASSET CLEARING - Ending $551

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $3236 Accounts Payable and Accrued Expenses - Ending $46

Total Liabilities.1

DEPOSITS - Beginning $5000 DEPOSITS - Ending $5000

Raw XML Appendix204 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.

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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