Civic Intelligence

Amagansett Life-Saving and Coast Guard Station

990EZ • Fiscal year 2015 • EIN 45-2832134

Jan 01, 2015 to Dec 31, 2015 • Filed on Dec 29, 2016

PO Box 51Amagansett, NY 11930

(516) 885-6454

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 2015

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2015

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$92,935

No earlier filing loaded for comparison.

Net Assets

$92,935

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$29,538

No earlier filing loaded for comparison.

Expenses

$4,453

No earlier filing loaded for comparison.

Net Income

$25,085

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $92,935Net Assets 2015: $92,9352015Assets 2016: $147,175Liabilities 2016: $516Net Assets 2016: $146,6592016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2015

Assets$92,935
Liabilities-
Net Assets$92,935

Operations Trend

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

$150K$100K$50K$0Revenue 2015: $29,538Expenses 2015: $4,453Net Income 2015: $25,0852015Revenue 2016: $63,091Expenses 2016: $9,367Net Income 2016: $53,7242016Revenue 2017: $128,490Expenses 2017: $31,275Net Income 2017: $97,2152017

Highlighted filing

2015

Revenue$29,538
Expenses$4,453
Net Income$25,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Dec 29, 2016
Return Version
2015v3.0
Gross Receipts
$36,797
Mission and Program Overview

Mission

The amagansett life-saving and coast guard station society is an organization devoted to the restoration of the amagansett life-saving and coast guard station building. This building is historically important to the area and to other enthusiasts. The society works to restore the building by pursuing funding for, and overseeing the historically-accurate restoration of, the historic 1902 u.s. Life-saving service station at amagansett. The structure, and the land upon which it stands, is owned by the town of east hampton. The society is a nonprofit 501(c(3) corporation domiciled in the state of new york. The proposed nonprofit corporation plans to raise funds to complete the restoration of the life-saving station. The coporation will enter into a management agreement with the town of east hampton and take responsibility for controlling the uses to which the building wil be put. These to convey the history of the u.s. Life-saving service and its successor, the u.s. Coast guard; and various

Program Services

DescriptionGrantsExpenses
RENOVATION OF HISTORICAL SITE-$18,759
NONE--
NONE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID LYSPresidentPT$0--
MICHAEL CINQUEVice Preside-$0--
STEVE MARZSOTreasurer-$0--
NINA GILLMANSecretary-$0--
DAVID CATALETTOTrustee-$0--
ELENA PROHASK GLINNTrustee-$0--
CARL IRACETrustee-$0--
EDWARD MICHELSTrustee-$0--
CHARLES SAVAGETrustee-$0--
DOMINIC STANZIONETrustee-$0--
Filing and Contact Details

Filer

Filer Name
Amagansett Life-saving and Coast
EIN
45-2832134
Phone
5168856454
Address
PO BOX 51, AMAGANSETT, NY 11930

Signing Officer

Name
David Lys
Title
President
Phone
5168856454
Signed
2016-12-29

Preparer

Firm
KANDELL FARNWORTH & PUBINS CPA'SPC
Address
727 UNION AVE, RIVERHEAD, NY 11901-1912
Preparer
Dorothy J Desbonnet CPA
Phone
6317225300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 455 reenactment 450 fue for equipment 399 bank charges 15 tshirts 1,289 non-investment depreciation 825 total 3,433

Form 990-ez, Part II, Line 24

6,750 10,430 less accumulated depreciation 337 1,163 work in progress 27,016 42,812 total 33,429 52,079

Form 990-ez, Part III

The amagansett life-saving and coast guard station society is an organization devoted to the restoration of the amagansett life-saving and coast guard station building. This building is historically important to the area and to other enthusiasts. The society works to restore the building by pursuing funding for, and overseeing the historically-accurate restoration of, the historic 1902 u.s. Life-saving service station at amagansett. The structure, and the land upon which it stands, is owned by the town of east hampton. The society is a nonprofit 501(c(3) corporation domiciled in the state of new york. The proposed nonprofit corporation plans to raise funds to complete the restoration of the life-saving station. The coporation will enter into a management agreement with the town of east hampton and take responsibility for controlling the uses to which the building wil be put. These to convey the history of the u.s. Life-saving service and its successor, the u.s. Coast guard; and various uses by community groups such as art exhibits, historical and other lectures, and other community informational events.

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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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IRS990EZ/PrimaryExemptPurposeTxt0THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION SOCIETY IS AN ORGANIZATION DEVOTED TO THE RESTORATION OF THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION BUILDING. THIS BUILDING IS HISTORICALLY IMPORTANT TO THE AREA AND TO OTHER ENTHUSIASTS. THE SOCIETY WORKS TO RESTORE THE BUILDING BY PURSUING FUNDING FOR, AND OVERSEEING THE HISTORICALLY-ACCURATE RESTORATION OF, THE HISTORIC 1902 U.S. LIFE-SAVING SERVICE STATION AT AMAGANSETT. THE STRUCTURE, AND THE LAND UPON WHICH IT STANDS, IS OWNED BY THE TOWN OF EAST HAMPTON. THE SOCIETY IS A NONPROFIT 501(C(3) CORPORATION DOMICILED IN THE STATE OF NEW YORK. THE PROPOSED NONPROFIT CORPORATION PLANS TO RAISE FUNDS TO COMPLETE THE RESTORATION OF THE LIFE-SAVING STATION. THE COPORATION WILL ENTER INTO A MANAGEMENT AGREEMENT WITH THE TOWN OF EAST HAMPTON AND TAKE RESPONSIBILITY FOR CONTROLLING THE USES TO WHICH THE BUILDING WIL BE PUT. THESE TO CONVEY THE HISTORY OF THE U.S. LIFE-SAVING SERVICE AND ITS SUCCESSOR, THE U.S. COAST GUARD; AND VARIOUS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 455 REENACTMENT 450 FUE FOR EQUIPMENT 399 BANK CHARGES 15 TSHIRTS 1,289 NON-INVESTMENT DEPRECIATION 825 TOTAL 3,433
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16,750 10,430 LESS ACCUMULATED DEPRECIATION 337 1,163 WORK IN PROGRESS 27,016 42,812 TOTAL 33,429 52,079
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION SOCIETY IS AN ORGANIZATION DEVOTED TO THE RESTORATION OF THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION BUILDING. THIS BUILDING IS HISTORICALLY IMPORTANT TO THE AREA AND TO OTHER ENTHUSIASTS. THE SOCIETY WORKS TO RESTORE THE BUILDING BY PURSUING FUNDING FOR, AND OVERSEEING THE HISTORICALLY-ACCURATE RESTORATION OF, THE HISTORIC 1902 U.S. LIFE-SAVING SERVICE STATION AT AMAGANSETT. THE STRUCTURE, AND THE LAND UPON WHICH IT STANDS, IS OWNED BY THE TOWN OF EAST HAMPTON. THE SOCIETY IS A NONPROFIT 501(C(3) CORPORATION DOMICILED IN THE STATE OF NEW YORK. THE PROPOSED NONPROFIT CORPORATION PLANS TO RAISE FUNDS TO COMPLETE THE RESTORATION OF THE LIFE-SAVING STATION. THE COPORATION WILL ENTER INTO A MANAGEMENT AGREEMENT WITH THE TOWN OF EAST HAMPTON AND TAKE RESPONSIBILITY FOR CONTROLLING THE USES TO WHICH THE BUILDING WIL BE PUT. THESE TO CONVEY THE HISTORY OF THE U.S. LIFE-SAVING SERVICE AND ITS SUCCESSOR, THE U.S. COAST GUARD; AND VARIOUS USES BY COMMUNITY GROUPS SUCH AS ART EXHIBITS, HISTORICAL AND OTHER LECTURES, AND OTHER COMMUNITY INFORMATIONAL EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LYS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168856454
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMAGANSETT LIFE-SAVING AND COAST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GUARD STATION SOCIETY INC
ReturnHeader/Filer/BusinessNameControlTxt0AMAG
ReturnHeader/Filer/EIN0452832134
ReturnHeader/Filer/PhoneNum05168856454
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0727 UNION AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVERHEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0119011912
ReturnHeader/PreparerPersonGrp/PhoneNum06317225300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOROTHY J DESBONNET CPA
ReturnHeader/ReturnTs02017-01-24T08:04:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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