Civic Intelligence

Potapskut Sailing Association Inc

990EZ • Fiscal year 2021 • EIN 52-6009569

Jan 01, 2021 to Dec 31, 2021 • Filed on May 15, 2022

Organization Profilepsasailing.org
PO Box 1178Pasadena, MD 21123

(410) 688-3155

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.00x

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

74th percentile

20%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

73rd percentile

17%

Faster asset growth than 73% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

35%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$147,376

Up $21,017 (+17%) from 2020

Net Assets

$147,376

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin74th percentile

Revenue

Up

$105,454

Up $27,400 (+35%) from 2020

Expenses

Up

$84,437

Up $10,277 (+14%) from 2020

Net Income

Up

$21,017

Up $17,123 (+440%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$200K$150K$100K$50K$0Assets 2011: $64,296Liabilities 2011: $02011Assets 2012: $69,791Liabilities 2012: $02012Assets 2013: $70,281Liabilities 2013: $02013Assets 2014: $88,507Liabilities 2014: $17,8562014Assets 2015: $81,805Liabilities 2015: $11,1152015Assets 2016: $108,493Liabilities 2016: $02016Assets 2017: $109,679Liabilities 2017: $02017Assets 2018: $122,275Liabilities 2018: $2,0512018Assets 2019: $122,226Liabilities 2019: $02019Assets 2020: $126,359Liabilities 2020: $02020Assets 2021: $147,376Liabilities 2021: $0Net Assets 2021: $147,3762021Assets 2022: $153,726Liabilities 2022: $0Net Assets 2022: $153,7262022Assets 2023: $175,679Liabilities 2023: $02023Assets 2024: $176,905Liabilities 2024: $100Net Assets 2024: $176,8052024

Highlighted filing

2021

Assets$147,376
Liabilities$0
Net Assets$147,376
Open 2021 Filing

Operations Trend

Revenue Growth72nd percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $85,567Expenses 2011: $84,040Net Income 2011: $1,5272011Revenue 2012: $96,674Expenses 2012: $91,437Net Income 2012: $5,2372012Revenue 2013: $100,830Expenses 2013: $102,062Net Income 2013: -$1,2322013Revenue 2014: $103,462Expenses 2014: $103,823Net Income 2014: -$3612014Revenue 2015: $92,485Expenses 2015: $92,446Net Income 2015: $392015Revenue 2016: $105,240Expenses 2016: $67,685Net Income 2016: $37,5552016Revenue 2017: $100,313Expenses 2017: $98,625Net Income 2017: $1,6882017Revenue 2018: $109,720Expenses 2018: $99,147Net Income 2018: $10,5732018Revenue 2019: $113,010Expenses 2019: $111,008Net Income 2019: $2,0022019Revenue 2020: $78,054Expenses 2020: $74,160Net Income 2020: $3,8942020Revenue 2021: $105,454Expenses 2021: $84,437Net Income 2021: $21,0172021Revenue 2022: $119,760Expenses 2022: $113,351Net Income 2022: $6,4092022Revenue 2023: $137,146Expenses 2023: $115,193Net Income 2023: $21,9532023Revenue 2024: $114,722Expenses 2024: $113,596Net Income 2024: $1,1262024

Highlighted filing

2021

Revenue$105,454
Expenses$84,437
Net Income$21,017
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 15, 2022
Return Version
2021v4.0
Gross Receipts
$105,454
Mission and Program Overview

Mission

To promote the sport of sailing.

Program Services

DescriptionGrantsExpenses
Maintain pier, moorings and small club house for use by the Association's members and their guests.$0$21,823
Sponsor and conduct local sailboat races that are open to the public and hold meetings and social events.$0$7,150
Conduct a week long children's sailing program. The program teaches sailing and water safety.$0$5,354
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Marshall DuerCommodorePT$0--
Michael WingateVice Commodore-$0--
Jason WakemanFleet Captain-$0--
Tim FordRear Commodore-$0--
Patrick BobbittTreasurer-$0--
Jennifer BolsterSecretary-$0--
William CooperMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Potapskut Sailing Association Inc
EIN
52-6009569
Phone
4106883155
Address
PO Box 1178, Pasadena, MD 21123

Signing Officer

Name
Andrea Gillespie
Title
Auditor
Phone
4106883155
Signed
2022-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Description;Amount^Business meetings;3305|Chandlery;785|Jr Sail;12025|Racing;3707|Social events;3422|Miscellaneous;1010^Total;24254^”

Form 990-EZ, Part I, Line 16

“Description;Amount^Business meetings;3114|Chandlery;1012|Harbor maintenance;21823|Jr Sail;5354|Liability insurance;7574|Membership awards;145|Racing;7150|Real estate taxes;9326|Social events;4030^Total;59528^”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Accounts receivable;1250^Total;1250^”

Raw XML Appendix155 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/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Andrea Gillespie
IRS990EZ/BooksInCareOfDetail/PhoneNum04106883155
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03967 Old York Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Monkton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021111
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0123145
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt04588
IRS990EZ/LandAndBuildingsGrp/BOYAmt02814
IRS990EZ/LandAndBuildingsGrp/EOYAmt02814
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt042640
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0126359
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0147376
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt44
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0J Marshall Duer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Michael Wingate
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jason Wakeman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Tim Ford
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Patrick Bobbitt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Jennifer Bolster
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6William Cooper
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Fleet Captain
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Rear Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Member at Large
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0400
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01250
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt059528
IRS990EZ/OtherRevenueTotalAmt024254
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To promote the sport of sailing.
IRS990EZ/PrintingPublicationsPostageAmt0499
IRS990EZ/ProgramServiceRevenueAmt033972
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Maintain pier, moorings and small club house for use by the Association's members and their guests.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Conduct a week long children's sailing program. The program teaches sailing and water safety.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Sponsor and conduct local sailboat races that are open to the public and hold meetings and social events.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021823
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15354
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt27150
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
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IRS990EZ/TotalExpensesAmt084437
IRS990EZ/TotalProgramServiceExpensesAmt034327
IRS990EZ/TotalRevenueAmt0105454
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0psasailing.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Business meetings;3305|Chandlery;785|Jr Sail;12025|Racing;3707|Social events;3422|Miscellaneous;1010^Total;24254^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Business meetings;3114|Chandlery;1012|Harbor maintenance;21823|Jr Sail;5354|Liability insurance;7574|Membership awards;145|Racing;7150|Real estate taxes;9326|Social events;4030^Total;59528^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Accounts receivable;1250^Total;1250^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
ReasonableCauseExplanation/ExplanationTxt0Extension was mailed on May 11, 2022. And this is the first time that the organization has filed electronically and it took a while to learn how to prepare and file the return electronically. We hope to do better next year.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Andrea Gillespie
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Auditor
ReturnHeader/BusinessOfficerGrp/PhoneNum04106883155
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POTAPSKUT SAILING ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0POTA
ReturnHeader/Filer/EIN0526009569
ReturnHeader/Filer/PhoneNum04106883155
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1178
ReturnHeader/Filer/USAddress/CityNm0Pasadena
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021123
ReturnHeader/ReturnTs02022-05-23T21:31:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$147,376
Liabilities
$0
Net assets
$147,376
Revenue
$105,454
Expenses
$84,437
Net income
$21,017
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$1.15$1.14$0.01
2023Summary only. Only limited summary data is available for this year.$1.76$0.00$1.37$1.15$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$1.20$1.13$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$1.05$0.84$0.21
2020Summary only. Only limited summary data is available for this year.$1.26$0.00$0.78$0.74$0.04
2019Summary only. Only limited summary data is available for this year.$1.22$0.00$1.13$1.11$0.02
2018Summary only. Only limited summary data is available for this year.$1.22$0.02$1.10$0.99$0.11
2017Summary only. Only limited summary data is available for this year.$1.10$0.00$1.00$0.99$0.02
2016Summary only. Only limited summary data is available for this year.$1.08$0.00$1.05$0.68$0.38
2015Summary only. Only limited summary data is available for this year.$0.82$0.11$0.92$0.92$0.00
2014Summary only. Only limited summary data is available for this year.$0.89$0.18$1.03$1.04$0.00
2013Summary only. Only limited summary data is available for this year.$0.70$0.00$1.01$1.02$0.01
2012Summary only. Only limited summary data is available for this year.$0.70$0.00$0.97$0.91$0.05
2011Summary only. Only limited summary data is available for this year.$0.64$0.00$0.86$0.84$0.02