Civic Intelligence

Fort Wetherill Boat Owners & Operators Association Inc

990EZ • Fiscal year 2024 • EIN 47-2045666

Jan 01, 2024 to Dec 31, 2024 • Filed on May 14, 2025

Organization ProfileN/A
2 Old Walcott AvenueJamestown, RI 02835

(401) 477-5021

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

40th percentile

-1.2%

Higher net margin than 40% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2024 filings • 501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-0.6%

Faster asset growth than 45% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

44%

Faster revenue growth than 86% of similar nonprofits.

2024 filings • 501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$64,248

Down $418 (-0.6%) from 2023

Net Assets

Down

$64,248

Down $418 (-0.6%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin40th percentile

Revenue

Up

$97,669

Up $29,764 (+44%) from 2023

Expenses

Up

$98,843

Up $31,590 (+47%) from 2023

Net Income

Down

-$1,174

Down $1,826 (-280%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$80K$60K$40K$20K$0Assets 2022: $64,014Liabilities 2022: $0Net Assets 2022: $64,0142022Assets 2023: $64,666Liabilities 2023: $0Net Assets 2023: $64,6662023Assets 2024: $64,248Net Assets 2024: $64,2482024

Highlighted filing

2024

Assets$64,248
Liabilities-
Net Assets$64,248
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

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

$100K$50K$0-$50KRevenue 2022: $76,278Expenses 2022: $65,024Net Income 2022: $11,2542022Revenue 2023: $67,905Expenses 2023: $67,253Net Income 2023: $6522023Revenue 2024: $97,669Expenses 2024: $98,843Net Income 2024: -$1,1742024

Highlighted filing

2024

Revenue$97,669
Expenses$98,843
Net Income-$1,174
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.2
Gross Receipts
$97,669
Mission and Program Overview

Mission

Promote boating and fishing interests in and around Narragansett Bay and to protect the environmental interests of said waters.

Program Services

DescriptionGrantsExpenses
Slip dockage fees$0$38,699
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael SchnackPresidentPT$0--
Karl SeeligVice-PresidentPT$0--
Mark LiberatiTreasurerPT$0--
Adam SilviaSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Fort Wetherill Boat Owners &
EIN
47-2045666
Phone
4014775021
Address
2 Old Walcott Avenue, Jamestown, RI 02835

Signing Officer

Name
Michael Schnack
Title
President
Phone
4014775021
Signed
2025-05-14

Preparer

Firm
Cynthia Waterman
Address
5 FOX RUN, JAMESTOWN, RI 02835
Preparer
Cynthia M Waterman
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Commissioning/DeCommissioning 4187.”

Form 990EZ, Part I, Line 16

“Replacement Costs 38699.”

Form 990EZ, Part I, Line 16

“Maintenance 1159.”

Form 990EZ, Part I, Line 16

“Office Expense 2735.”

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/PersonNm0Michael Schnack
IRS990EZ/BooksInCareOfDetail/PhoneNum04014233496
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt036 Clarke Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Jamestown
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002835
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065422
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064248
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1174
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt065422
IRS990EZ/Form990TotalAssetsGrp/EOYAmt064248
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt097669
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt097669
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065422
IRS990EZ/NetAssetsOrFundBalancesEOYAmt064248
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065422
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt064248
IRS990EZ/OccupancyRentUtltsAndMaintAmt051613
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Michael Schnack
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Karl Seelig
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mark Liberati
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Adam Silvia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice-President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046780
IRS990EZ/PrimaryExemptPurposeTxt0Promote boating and fishing interests in and around Narragansett Bay and to protect the environmental interests of said waters.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Slip dockage fees
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt038699
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0RI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098843
IRS990EZ/TotalProgramServiceExpensesAmt038699
IRS990EZ/TotalRevenueAmt097669
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Commissioning/DeCommissioning 4187.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Replacement Costs 38699.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Maintenance 1159.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Expense 2735.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Schnack
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04014775021
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fort Wetherill Boat Owners &
ReturnHeader/Filer/BusinessNameControlTxt0FORT
ReturnHeader/Filer/EIN0472045666
ReturnHeader/Filer/PhoneNum04014775021
ReturnHeader/Filer/USAddress/AddressLine1Txt02 Old Walcott Avenue
ReturnHeader/Filer/USAddress/CityNm0Jamestown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002835
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CYNTHIA WATERMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05 FOX RUN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JAMESTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002835
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cynthia M Waterman
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-08T10:43:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$64,248
Liabilities
-
Net assets
$64,248
Revenue
$97,669
Expenses
$98,843
Net income
-$1,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$64.2$64.2$97.7$98.8$1.17
2023Detailed filing. Detailed filing data is available for this year.$64.7$0.00$64.7$67.9$67.3$0.65
2022Detailed filing. Detailed filing data is available for this year.$64.0$0.00$64.0$76.3$65.0$11.3