Civic Intelligence

Abaco Boat Restoration Inc

990EZ • Fiscal year 2017 • EIN 47-4928779

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 10, 2018

Organization ProfileN/A
PO Box 512Barre, MA 01005

(978) 852-6034

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.15x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

0.89x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

22nd percentile

-12%

Higher net margin than 22% 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

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

$22,736

No earlier filing loaded for comparison.

Net Assets

-$3,411

No earlier filing loaded for comparison.

Liabilities

$26,147

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin22nd percentile

Revenue

$29,267

No earlier filing loaded for comparison.

Expenses

$32,678

No earlier filing loaded for comparison.

Net Income

-$3,411

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0-$10KAssets 2017: $22,736Liabilities 2017: $26,147Net Assets 2017: -$3,4112017

Highlighted filing

2017

Assets$22,736
Liabilities$26,147
Net Assets-$3,411
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$30K$20K$10K$0-$10KRevenue 2017: $29,267Expenses 2017: $32,678Net Income 2017: -$3,4112017

Highlighted filing

2017

Revenue$29,267
Expenses$32,678
Net Income-$3,411
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 10, 2018
Return Version
2017v2.3
Gross Receipts
$29,267
Mission and Program Overview

Mission

The salvage and restoration of vessels of historic significance and the promulgation of the skills involved in building and sailing classic vintage vessels.

Program Services

DescriptionGrantsExpenses
THE SALVAGE AND RESTORATION OF VESSELS OF HISTORIC SIGNIFICANCE AND THE PROMULGATION OF THE SKILLS INVOLVED IN BUILDING AND SAILING CLASSIC VINTAGE VESSELS.-$32,678
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID WRIGHTPresident-$0--
HUBERT NILS VAN NORMANTreasurer-$0--
RUSSELL HAEHNClerk-$0--
Filing and Contact Details

Filer

Filer Name
Abaco Boat Restorationinc
EIN
47-4928779
Phone
9788526034
Address
PO BOX 512, BARRE, MA 01005

Signing Officer

Name
Hubert Nils Van Norman
Title
Treasurer
Phone
9788526034
Signed
2018-07-10
Discuss with paid preparer
Yes

Preparer

Firm
Goulet Salvidio & Associates Pc
Address
324 GROVE ST, WORCESTER, MA 01605
Preparer
Tracy I Vaughan CPA
Phone
5087575957
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses rent expense - marina 32,678 total 32,678”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 21,464 total 0 21,464”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 26,147”

Form 990-ez, Part III

“The salvage and restoration of vessels of historic significance and the promulgation of the skills involved in building and sailing classic vintage vessels.”

Raw XML Appendix124 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/PersonNm0HUBERT NILS VAN NORMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09788526034
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt048 ALLEN DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BARRE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001005
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01272
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt029267
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3411
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt022736
IRS990EZ/GrossReceiptsAmt029267
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3411
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3411
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID WRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HUBERT NILS VAN NORMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RUSSELL HAEHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CLERK
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021464
IRS990EZ/OtherExpensesTotalAmt032678
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SALVAGE AND RESTORATION OF VESSELS OF HISTORIC SIGNIFICANCE AND THE PROMULGATION OF THE SKILLS INVOLVED IN BUILDING AND SAILING CLASSIC VINTAGE VESSELS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE SALVAGE AND RESTORATION OF VESSELS OF HISTORIC SIGNIFICANCE AND THE PROMULGATION OF THE SKILLS INVOLVED IN BUILDING AND SAILING CLASSIC VINTAGE VESSELS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt032678
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt026147
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032678
IRS990EZ/TotalProgramServiceExpensesAmt032678
IRS990EZ/TotalRevenueAmt029267
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt029267
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029267
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt029267
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt029267
IRS990ScheduleA/Total509Grp/TotalAmt029267
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029267
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt029267
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES RENT EXPENSE - MARINA 32,678 TOTAL 32,678
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 0 21,464 TOTAL 0 21,464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 26,147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALVAGE AND RESTORATION OF VESSELS OF HISTORIC SIGNIFICANCE AND THE PROMULGATION OF THE SKILLS INVOLVED IN BUILDING AND SAILING CLASSIC VINTAGE VESSELS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HUBERT NILS VAN NORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09788526034
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABACO BOAT RESTORATIONINC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O DAVID WRIGHT
ReturnHeader/Filer/BusinessNameControlTxt0ABAC
ReturnHeader/Filer/EIN0474928779
ReturnHeader/Filer/PhoneNum09788526034
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 512
ReturnHeader/Filer/USAddress/CityNm0BARRE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001005
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DB30B897FD752C5E3DDC08A4A010A74B54C15599
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F9D51B443831D5E08886B89F4E6AAEC6824BE7F8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.9.147.211
ReturnHeader/FilingSecurityInformation/IPDt02018-07-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:41:44
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042623065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOULET SALVIDIO & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0324 GROVE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001605
ReturnHeader/PreparerPersonGrp/PhoneNum05087575957
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRACY I VAUGHAN CPA
ReturnHeader/ReturnTs02018-07-10T10:41:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,736
Liabilities
$26,147
Net assets
-$3,411
Revenue
$29,267
Expenses
$32,678
Net income
-$3,411
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$22.7$26.1$3.41$29.3$32.7$3.41