Civic Intelligence

Shannon River Marine Heritage Foundation

EIN 47-5215373 • 501(c)3 • New Bedford, MA

Profile

Veterans enjoy marine industry

45 Franklin StreetNew Bedford, MA 02740

shannon-river-foundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

55th percentile

0.0%

Faster asset growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Flat

$74

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Flat

$74

Flat from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin46th percentile

Revenue

Up

$30,000

Up $30,000 from 2019

Expenses

Up

$30,000

Up $29,974 (+115285%) from 2019

Net Income

Up

$0

Up $26 (+100%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth55th percentile

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

$10K$5.0K$0Assets 2015: $10,000Liabilities 2015: $0Net Assets 2015: $10,0002015Assets 2016: $1,698Liabilities 2016: $0Net Assets 2016: $1,6982016Assets 2017: $3,510Liabilities 2017: $0Net Assets 2017: $3,5102017Assets 2018: $100Liabilities 2018: $0Net Assets 2018: $1002018Assets 2019: $74Liabilities 2019: $0Net Assets 2019: $742019Assets 2020: $74Liabilities 2020: $0Net Assets 2020: $742020

Highlighted filing

2020

Assets$74
Liabilities$0
Net Assets$74
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2015: $10,000Expenses 2015: $0Net Income 2015: $10,0002015Revenue 2016: $11,150Expenses 2016: $19,452Net Income 2016: -$8,3022016Revenue 2017: $76,000Expenses 2017: $72,590Net Income 2017: $3,4102017Revenue 2018: $3,302Expenses 2018: $6,712Net Income 2018: -$3,4102018Revenue 2019: $0Expenses 2019: $26Net Income 2019: -$262019Revenue 2020: $30,000Expenses 2020: $30,000Net Income 2020: $02020

Highlighted filing

2020

Revenue$30,000
Expenses$30,000
Net Income$0
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74
Liabilities
$0
Net assets
$74
Revenue
$30,000
Expenses
$30,000
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$30.0$30.0$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$0.03$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$3.30$6.71$3.41
2017Detailed filing. Detailed filing data is available for this year.$3.51$0.00$3.51$76.0$72.6$3.41
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$11.2$19.5$8.30
2015Detailed filing. Detailed filing data is available for this year.$10.0$0.00$10.0$10.0$0.00$10.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$81,000
Mission and Program Overview

Mission

To introduce the restorative powers of outdoor, fresh air boating, fishing and the magic of the sea to the most deserving members of our society; to reintroduce the experience of boating to those who incurred a disablilty and were forced to give up the water recreation they once loved. To honor and empower those who have given so much for their country: our service men and women; provide a menu for members to have fun and enjoyment. Hire and train unemployed veterans; enhance the lives of members through camaraderie and lasting friendships in a community based yacht club;

Veterans enjoy marine industry

Program Services

DescriptionGrantsExpenses
DESIGNEDAND EQUIPPED THE BOAT FOR VETERANS TO ENJOY THERAPUTIC BENEFITS OF YACHTING--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WALTER A SCHULZPresident-$0--
Filing and Contact Details

Filer

Filer Name
Shannon River Marine Heritage Foundation
EIN
47-5215373
Address
45 FRANKLIN STREET, NEW BEDFORD, MA 02740

Signing Officer

Name
Walter Schulz
Title
President
Phone
7742022222
Signed
2021-10-15
Discuss with paid preparer
No

Preparer

Firm
Jack Bertherman CPA Pc
Address
3743 POST ROAD - 2ND FLOOR, Warwick, RI 02886
Preparer
Jack Bertherman
Phone
4013982080
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountprof fees 578web 405advertising and promotional 375license & permit 155corp tax 400office supplies 119insurance 10,199storage 2,200merchant fees 879repairs 14,690”

Raw XML Appendix129 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0WALTER SCHULZ
IRS990EZ/BooksInCareOfDetail/PhoneNum07742022222
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt045 FRANKLIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW BEDFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002740
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt074
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt074
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030000
IRS990EZ/CostOrOtherBasisExpenseSaleAmt051000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt074
IRS990EZ/Form990TotalAssetsGrp/EOYAmt074
IRS990EZ/GrossReceiptsAmt081000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt074
IRS990EZ/NetAssetsOrFundBalancesEOYAmt074
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt074
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt074
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0WALTER A SCHULZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt030000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0VETERANS ENJOY MARINE INDUSTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DESIGNEDAND EQUIPPED THE BOAT FOR VETERANS TO ENJOY THERAPUTIC BENEFITS OF YACHTING
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt051000
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030000
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt030000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05875
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt076000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0111975
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0111975
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt030000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt076000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/Total509Grp/TotalAmt0111975
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt030000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0111975
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTPROF FEES 578WEB 405ADVERTISING AND PROMOTIONAL 375LICENSE & PERMIT 155CORP TAX 400OFFICE SUPPLIES 119INSURANCE 10,199STORAGE 2,200MERCHANT FEES 879REPAIRS 14,690
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WALTER SCHULZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07742022222
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHANNON RIVER MARINE HERITAGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SHAN
ReturnHeader/Filer/EIN0475215373
ReturnHeader/Filer/USAddress/AddressLine1Txt045 FRANKLIN STREET
ReturnHeader/Filer/USAddress/CityNm0NEW BEDFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002740
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274199650
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACK BERTHERMAN CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03743 POST ROAD - 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Warwick
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002886
ReturnHeader/PreparerPersonGrp/PhoneNum04013982080
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK BERTHERMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-10-15T12:53:46-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WALTER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHULZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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