Civic Intelligence

Niantic Bay Sailing Academy Inc

990EZ • Fiscal year 2017 • EIN 47-1703043

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

8 Shore RoadNiantic, CT 06357

(860) 313-0727

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

85th percentile

32%

Higher net margin than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

60th percentile

8.5%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

5.9%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$100,361

Up $7,828 (+8.5%) from 2016

Net Assets

Up

$100,361

Up $22,828 (+29%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$71,725

Up $3,985 (+5.9%) from 2016

Expenses

Up

$48,897

Up $3,976 (+8.9%) from 2016

Net Income

Up

$22,828

Up $9 (+0.0%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2016: $92,533Liabilities 2016: $15,000Net Assets 2016: $77,5332016Assets 2017: $100,361Net Assets 2017: $100,3612017Assets 2018: $103,880Net Assets 2018: $103,8802018Assets 2019: $109,494Net Assets 2019: $109,4942019Assets 2020: $111,483Net Assets 2020: $111,4832020Assets 2021: $136,119Net Assets 2021: $136,1192021Assets 2022: $129,509Net Assets 2022: $129,5092022Assets 2023: $145,649Liabilities 2023: $2,062Net Assets 2023: $143,5872023Assets 2024: $177,407Net Assets 2024: $177,4072024

Highlighted filing

2017

Assets$100,361
Liabilities-
Net Assets$100,361

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $67,740Expenses 2016: $44,921Net Income 2016: $22,8192016Revenue 2017: $71,725Expenses 2017: $48,897Net Income 2017: $22,8282017Revenue 2018: $55,324Expenses 2018: $51,805Net Income 2018: $3,5192018Revenue 2019: $63,139Expenses 2019: $57,525Net Income 2019: $5,6142019Revenue 2020: $54,500Expenses 2020: $52,511Net Income 2020: $1,9892020Revenue 2021: $111,687Expenses 2021: $87,051Net Income 2021: $24,6362021Revenue 2022: $96,804Expenses 2022: $103,414Net Income 2022: -$6,6102022Revenue 2023: $124,511Expenses 2023: $110,433Net Income 2023: $14,0782023Revenue 2024: $162,894Expenses 2024: $129,074Net Income 2024: $33,8202024

Highlighted filing

2017

Revenue$71,725
Expenses$48,897
Net Income$22,828
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$71,725
Mission and Program Overview

Mission

Organization's mission is to promote and develop a forum to educate youth and others in seamanship, general navigation, sailboat racing and to reinforce life and leadership skills, build character and self-esteem through an appreciation of boating and awareness of important natural resources that support these activities.

Program Services

DescriptionGrantsExpenses
To promote seamanship and sailboat racing for youth teaching sailing basics efficiently with an emphasis on enjoyment of the activity.$38,863-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Harlan FredericksenPresident-$0--
Bill HealyVice President-$0--
Kenneth SchlugerSecretary-$0--
Kevin DowdTreasurer-$0--
George AtwoodBoard Member-$0--
Laura HealyBoard Member-$0--
Wick HaylonBoard Member-$0--
Constantine ManthousBoard Member-$0--
Shannon NardiBoard Member-$0--
Norman Peck IIIBoard Member-$0--
Betty Ann GradyBoard Member-$0--
Stephen BoscoBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Niantic Bay Sailing Academy Inc
EIN
47-1703043
Phone
8603130727
Address
8 Shore Road, Niantic, CT 06357

Signing Officer

Name
Kevin Dowd
Title
Treasurer
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Rosemary Vann CPA
Address
PO Box 617, Niantic, CT 06357
Preparer
Rosemary Vann CPA
Phone
8607395180
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $234

Other Expenses.1009

Depreciation $7789

Other Expenses.1012

Insurance $2366

Other Expenses.1

Boat Maintenance and Expense $2618

Other Expenses.2

Sailing Instructor Expense $1618

Other Expenses.4

Sailing and Regatta Expense $118

Other Assets.1004

Miscellaneous - Beginning $64329 Miscellaneous - Ending $62790

Total Liabilities.1

Note Payable - Beginning $15000 Note Payable - Ending $0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $7789
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2366
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kevin Dowd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Niantic Bay Sailing Academy Inc
ReturnHeader/Filer/BusinessNameControlTxt0NIAN
ReturnHeader/Filer/EIN0471703043
ReturnHeader/Filer/PhoneNum08603130727
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006357
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271260415
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rosemary Vann CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 617
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Niantic
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
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ReturnHeader/PreparerPersonGrp/PhoneNum08607395180
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rosemary Vann CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-15T08:24:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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