Civic Intelligence

Bethany West Recreational Association Inc

990 • Fiscal year 2020 • EIN 51-0107972

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 18, 2021

PO Box 1142Bethany Beach, DE 19930

(302) 519-4501

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.06x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.24x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

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.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

2.4%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-4.1%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,531,787

Up $36,177 (+2.4%) from 2019

Net Assets

Up

$1,439,938

Up $44,078 (+3.2%) from 2019

Liabilities

Down

$91,849

Down $7,901 (-7.9%) from 2019

Revenue

Down

$380,926

Down $16,097 (-4.1%) from 2019

Expenses

Down

$336,848

Down $90,207 (-21%) from 2019

Net Income

Up

$44,078

Up $74,110 (+247%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,458,995Liabilities 2011: $108,095Net Assets 2011: $1,350,9002011Assets 2012: $1,345,722Liabilities 2012: $76,230Net Assets 2012: $1,269,4922012Assets 2013: $1,297,990Liabilities 2013: $0Net Assets 2013: $1,297,9902013Assets 2014: $1,487,509Liabilities 2014: $80,995Net Assets 2014: $1,406,5142014Assets 2015: $1,553,966Liabilities 2015: $94,208Net Assets 2015: $1,459,7582015Assets 2016: $1,584,477Liabilities 2016: $140,910Net Assets 2016: $1,443,5672016Assets 2017: $1,582,041Liabilities 2017: $170,495Net Assets 2017: $1,411,5462017Assets 2018: $1,580,329Liabilities 2018: $154,437Net Assets 2018: $1,425,8922018Assets 2019: $1,495,610Liabilities 2019: $99,750Net Assets 2019: $1,395,8602019Assets 2020: $1,531,787Liabilities 2020: $91,849Net Assets 2020: $1,439,9382020Assets 2021: $1,653,438Liabilities 2021: $606,057Net Assets 2021: $1,047,3812021Assets 2022: $1,534,876Liabilities 2022: $505,732Net Assets 2022: $1,029,1442022Assets 2023: $1,405,447Liabilities 2023: $436,693Net Assets 2023: $968,7542023Assets 2024: $1,351,991Liabilities 2024: $535,631Net Assets 2024: $816,3602024

Highlighted filing

2020

Assets$1,531,787
Liabilities$91,849
Net Assets$1,439,938

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $375,172Expenses 2011: $356,356Net Income 2011: $18,8162011Revenue 2012: $289,341Expenses 2012: $370,749Net Income 2012: -$81,4082012Revenue 2013: $364,179Expenses 2013: $335,681Net Income 2013: $28,4982013Revenue 2014: $424,589Expenses 2014: $316,065Net Income 2014: $108,5242014Revenue 2015: $374,583Expenses 2015: $314,981Net Income 2015: $59,6022015Revenue 2016: $378,175Expenses 2016: $347,663Net Income 2016: $30,5122016Revenue 2017: $366,855Expenses 2017: $398,876Net Income 2017: -$32,0212017Revenue 2018: $371,131Expenses 2018: $356,786Net Income 2018: $14,3452018Revenue 2019: $397,023Expenses 2019: $427,055Net Income 2019: -$30,0322019Revenue 2020: $380,926Expenses 2020: $336,848Net Income 2020: $44,0782020Revenue 2021: $553,058Expenses 2021: $368,346Net Income 2021: $184,7122021Revenue 2022: $402,140Expenses 2022: $480,302Net Income 2022: -$78,1622022Revenue 2023: $410,137Expenses 2023: $564,336Net Income 2023: -$154,1992023Revenue 2024: $431,998Expenses 2024: $502,772Net Income 2024: -$70,7742024

Highlighted filing

2020

Revenue$380,926
Expenses$336,848
Net Income$44,078
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 18, 2021
Return Version
2020v4.1
Gross Receipts
$380,926
Mission and Program Overview

Mission

Operations and maintenance of recreational facilities and common interest real estate in the subdivision of bethany west.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$1,204,974$1,204,974→ $0
Land, Buildings, and Equipment, Net$780,956$728,632▼ $52,324
Savings and Temporary Cash Investments$441,100$441,303▲ $203
Cash and Non-Interest-Bearing Accounts$268,287$353,390▲ $85,103
Rtn Earn Endowment Incm Other Fnds$190,886$234,964▲ $44,078
Accounts Receivable$1,308$4,486▲ $3,178
Prepaid Expenses and Deferred Charges$3,959$3,976▲ $17
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,495,610$1,531,787▲ $36,177
Liabilities
Deferred Revenue$99,750$83,989▼ $15,761
Accounts Payable and Accrued Expenses-$7,860-
Total Liabilities$99,750$91,849▼ $7,901
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,395,860$1,439,938▲ $44,078
Total Liabilities and Net Assets / Fund Balance$1,495,610$1,531,787▲ $36,177

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$293,984$648,477$942,461
Buildings$319,064$545,823$864,887
Equipment$7,632$100,412$108,044
Land$107,952-$107,952
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ray TilchPresident
Maury ByrneVice President
Chris ConnorMember-at-large
Claude DavisMember-at-large
Laura Linderman BarkerMember-at-large
Lisa BilderMember-at-large
Norman KnopfMember-at-large
Jerry DorfmanSecretary
Dom BonhommeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$377,247
Investment Income
$3,679
Other Revenue
$0
Change in Net Assets
$44,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$303,979
Salaries, Compensation, and Employee Benefits$32,869
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$71,832--$71,832
Depreciation Depletion$52,324--$52,324
Other Salaries and Wages$27,129--$27,129
All Other Expenses$25,887--$25,887
Other Expenses$15,476--$15,476
Insurance$11,910--$11,910
Fees for Services Other$8,831--$8,831
Payroll Taxes$5,740--$5,740
Office Expenses$3,756--$3,756
Fees for Services Accounting$2,814--$2,814
Fees for Services Legal$1,746--$1,746
Information Technology$621--$621
Total Functional Expenses$336,848$0$0$336,848
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association engaged solutions property management to manage day to day operations.

Form 990, Part VI, Section A, Line 6

Membership consists of the owners of lots in bethany west, bethany beach, delaware.

Form 990, Part VI, Section A, Line 7A

The board of directors are elected at the annual membership meeting by majority vote. Each property is entitled to one vote. The board of directors elect a president, vice president, secretary and treasurer.

Form 990, Part VI, Section A, Line 7B

As stated in the by-laws of the association, the following actions are subject to approval by members: establish, revise or amend the operating rules and regulations, establish or amend by-laws, and acquire, sell, improve or mortgage any interest in real property.

Form 990, Part VI, Section B, Line 11B

President and/or treasurer reviews the 990 before submitting

Form 990, Part VI, Section C, Line 19

These documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Bethany West Recreational
EIN
51-0107972
Phone
3025194501
Address
PO BOX 1142, BETHANY BEACH, DE 19930

Signing Officer

Name
Ray Tilch
Title
President
Phone
3023021995
Signed
2021-08-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Tilch
Formed
1967
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
11
Volunteers
0

Preparer

Firm
Pks & Company Pa
Address
1801 SWEETBAY DRIVE, SALISBURY, MD 21804
Preparer
E Lee Mccabe CPA Cva
Phone
4105465600
Raw XML Appendix372 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.

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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0864887
IRS990ScheduleD/EquipmentGrp/BookValueAmt07632
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0100412
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108044
IRS990ScheduleD/LandGrp/BookValueAmt0107952
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0107952
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0293984
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0648477
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0942461
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0728632
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION ENGAGED SOLUTIONS PROPERTY MANAGEMENT TO MANAGE DAY TO DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP CONSISTS OF THE OWNERS OF LOTS IN BETHANY WEST, BETHANY BEACH, DELAWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ARE ELECTED AT THE ANNUAL MEMBERSHIP MEETING BY MAJORITY VOTE. EACH PROPERTY IS ENTITLED TO ONE VOTE. THE BOARD OF DIRECTORS ELECT A PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS STATED IN THE BY-LAWS OF THE ASSOCIATION, THE FOLLOWING ACTIONS ARE SUBJECT TO APPROVAL BY MEMBERS: ESTABLISH, REVISE OR AMEND THE OPERATING RULES AND REGULATIONS, ESTABLISH OR AMEND BY-LAWS, AND ACQUIRE, SELL, IMPROVE OR MORTGAGE ANY INTEREST IN REAL PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRESIDENT AND/OR TREASURER REVIEWS THE 990 BEFORE SUBMITTING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01495610
IRS990/TotalAssetsEOYAmt01531787
IRS990/TotalAssetsGrp/BOYAmt01495610
IRS990/TotalAssetsGrp/EOYAmt01531787
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0336848
IRS990/TotalFunctionalExpensesGrp/TotalAmt0336848
IRS990/TotalGrossUBIAmt03679
IRS990/TotalLiabilitiesBOYAmt099750
IRS990/TotalLiabilitiesEOYAmt091849
IRS990/TotalLiabilitiesGrp/BOYAmt099750
IRS990/TotalLiabilitiesGrp/EOYAmt091849
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01395860
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01439938
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0336848
IRS990/TotalProgramServiceRevenueAmt0377247
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0377247
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0380926
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt03679
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01495610
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01531787
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0722 HALF MOON DRIVE
IRS990/USAddress/CityNm0BETHANY BEACH
IRS990/USAddress/StateAbbreviationCd0DE
IRS990/USAddress/ZIPCd019930
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTP://WWW.BETHANYWEST.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RAY TILCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03023021995
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETHANY WEST RECREATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BETH
ReturnHeader/Filer/EIN0510107972
ReturnHeader/Filer/PhoneNum03025194501
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1142
ReturnHeader/Filer/USAddress/CityNm0BETHANY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019930
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521224986
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKS & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01801 SWEETBAY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALISBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021804
ReturnHeader/PreparerPersonGrp/PhoneNum04105465600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0E LEE MCCABE CPA CVA
ReturnHeader/ReturnTs02021-09-03T09:05:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TILCH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.54$0.82$0.43$0.50$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.41$0.44$0.97$0.41$0.56$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.51$1.03$0.40$0.48$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.61$1.05$0.55$0.37$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.09$1.44$0.38$0.34$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.10$1.40$0.40$0.43$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.15$1.43$0.37$0.36$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.17$1.41$0.37$0.40$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.58$0.14$1.44$0.38$0.35$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.55$0.09$1.46$0.37$0.31$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.49$0.08$1.41$0.42$0.32$0.11
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.36$0.34$0.03
2012Summary only. Only limited summary data is available for this year.$1.35$0.08$1.27$0.29$0.37$0.08
2011Summary only. Only limited summary data is available for this year.$1.46$0.11$1.35$0.38$0.36$0.02
Peer Organizations

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