Civic Intelligence

Cape Fear Yacht Club

EIN 56-1890210 • 501(c)3 • Southport, NC

Profile

To promote and encourage yachting activity

4791 Fish Factory Road PO Box 1018Southport, NC 28461

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.21x

Higher debt load relative to assets than 88% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

95th percentile

0.83x

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

NTEE N50 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

6.8%

Higher net margin than 53% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE N50 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Annualized from 2023 to 2024

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

NTEE N50 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$426,875

Up $426,875 from 2023

Liabilities

$88,506

No earlier filing loaded for comparison.

Net Assets

Up

$425,525

Up $414,647 (+3812%) from 2023

Revenue

Up

$106,065

Up $10,462 (+11%) from 2023

Expenses

Up

$98,842

Up $14,117 (+17%) from 2023

Net Income

Down

$7,223

Down $3,655 (-34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $519,491Liabilities 2010: $280,408Net Assets 2010: $239,0832010Assets 2011: $515,581Liabilities 2011: $266,083Net Assets 2011: $249,4982011Assets 2012: $498,669Liabilities 2012: $251,141Net Assets 2012: $247,5282012Assets 2013: $497,534Liabilities 2013: $241,181Net Assets 2013: $256,3532013Assets 2014: $461,535Liabilities 2014: $228,743Net Assets 2014: $232,7922014Assets 2015: $489,354Liabilities 2015: $222,589Net Assets 2015: $266,7652015Assets 2016: $480,355Liabilities 2016: $230,148Net Assets 2016: $250,1872016Assets 2018: $461,658Liabilities 2018: $246,816Net Assets 2018: $214,8422018Assets 2019: $424,710Liabilities 2019: $158,813Net Assets 2019: $265,8972019Assets 2020: $527,031Liabilities 2020: $161,957Net Assets 2020: $365,0742020Assets 2021: $499,825Liabilities 2021: $139,695Net Assets 2021: $360,1302021Assets 2022: $475,778Liabilities 2022: $124,036Net Assets 2022: $351,7422022Assets 2023: $0Net Assets 2023: $10,8782023Assets 2024: $426,875Liabilities 2024: $88,506Net Assets 2024: $425,5252024

Highlighted filing

2024

Assets$426,875
Liabilities$88,506
Net Assets$425,525

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $66,3512010Expenses 2011: $60,5022011Expenses 2012: $62,0052012Revenue 2013: $80,724Expenses 2013: $72,044Net Income 2013: $8,6802013Revenue 2014: $60,446Expenses 2014: $39,880Net Income 2014: $20,5662014Revenue 2015: $62,763Expenses 2015: $43,568Net Income 2015: $19,1952015Revenue 2016: $49,438Expenses 2016: $74,053Net Income 2016: -$24,6152016Revenue 2018: $78,778Expenses 2018: $54,526Net Income 2018: $24,2522018Revenue 2019: $82,520Expenses 2019: $74,435Net Income 2019: $8,0852019Revenue 2020: $46,943Expenses 2020: $41,600Net Income 2020: $5,3432020Revenue 2021: $76,221Expenses 2021: $81,165Net Income 2021: -$4,9442021Revenue 2022: $96,120Expenses 2022: $104,508Net Income 2022: -$8,3882022Revenue 2023: $95,603Expenses 2023: $84,725Net Income 2023: $10,8782023Revenue 2024: $106,065Expenses 2024: $98,842Net Income 2024: $7,2232024

Highlighted filing

2024

Revenue$106,065
Expenses$98,842
Net Income$7,223

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.27$0.89$4.26$1.06$0.99$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.11$0.96$0.85$0.11
2022Detailed filing. Detailed filing data is available for this year.$4.76$1.24$3.52$0.96$1.05$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.00$1.40$3.60$0.76$0.81$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.27$1.62$3.65$0.47$0.42$0.05
2019Summary only. Only limited summary data is available for this year.$4.25$1.59$2.66$0.83$0.74$0.08
2018Summary only. Only limited summary data is available for this year.$4.62$2.47$2.15$0.79$0.55$0.24
2016Summary only. Only limited summary data is available for this year.$4.80$2.30$2.50$0.49$0.74$0.25
2015Summary only. Only limited summary data is available for this year.$4.89$2.23$2.67$0.63$0.44$0.19
2014Summary only. Only limited summary data is available for this year.$4.62$2.29$2.33$0.60$0.40$0.21
2013Detailed filing. Detailed filing data is available for this year.$4.98$2.41$2.56$0.81$0.72$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$2.51$2.48$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.16$2.66$2.49$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$2.80$2.39$0.66
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 24, 2025
Return Version
2024v5.1
Gross Receipts
$125,809
Mission and Program Overview

Mission

To encourage and promote yacht activity

To promote and encourage yachting activity

Program Services

DescriptionGrantsExpenses
Encouraging and promoting yachting activities-$98,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bates JohnCommodore-$0--
Kane StephenVice Commodore-$0--
Feather DonRear Commodore-$0--
Clegg JackTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Cape Fear Yacht Club Inc
EIN
56-1890210
Phone
9134849962
Address
4791 FISH FACTORY ROAD PO BOX 1018, Southport, NC 28461

Signing Officer

Name
Jack Clegg
Title
Treasurer
Phone
9134849962
Signed
2025-04-24
Discuss with paid preparer
No

Preparer

Firm
TaxmanBBB
Address
2771 Compass Point South Wynd NE, Leland, NC 28451
Preparer
William Bakkeby
Phone
9105242128
Supplemental Narrative

Additional Explanations

990-EZ line 26 Total Liabilities

Donations for Youth Sailing -- $1,350

990-EZ line 26 Total Liabilities

Mortgage on club building -- $87,156

Raw XML Appendix218 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/PhoneNum09134849962
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Southport
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028461
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014685
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IRS990EZ/CntrctRcvdGreaterThan100KCnt00
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IRS990EZ/CostOfGoodsSoldAmt019744
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IRS990EZ/ExcessOrDeficitForYearAmt07223
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03006
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010877
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0426875
IRS990EZ/FundraisingGrossIncomeAmt03615
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
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IRS990EZ/GrossProfitLossSlsOfInvntryAmt06569
IRS990EZ/GrossReceiptsAmt0125809
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IRS990EZ/GrossSalesOfInventoryAmt026313
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt068772
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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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/PersonNm0Bates John
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kane Stephen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Feather Don
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Clegg Jack
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Rear Commodore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02183
IRS990EZ/OtherChangesInNetAssetsAmt0407425
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt017681
IRS990EZ/OtherRevenueTotalAmt025751
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote and encourage yachting activity
IRS990EZ/PrintingPublicationsPostageAmt01056
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Encouraging and promoting yachting activities
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt098840
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt03615
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt088506
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098842
IRS990EZ/TotalProgramServiceExpensesAmt098840
IRS990EZ/TotalRevenueAmt0106065
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
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IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
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IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
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IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0245016
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068772
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046938
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0245016
IRS990ScheduleA/TotalSupportAmt0245016
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Donations for Youth Sailing -- $1,350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Mortgage on club building -- $87,156
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990-EZ line 26 Total Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990-EZ line 26 Total Liabilities
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Jack Clegg
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09134849962
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAPE FEAR YACHT CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0CAPE
ReturnHeader/Filer/EIN0561890210
ReturnHeader/Filer/PhoneNum09134849962
ReturnHeader/Filer/USAddress/AddressLine1Txt04791 FISH FACTORY ROAD PO BOX 1018
ReturnHeader/Filer/USAddress/CityNm0Southport
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028461
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0473665243
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TaxmanBBB
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02771 Compass Point South Wynd NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Leland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028451
ReturnHeader/PreparerPersonGrp/PhoneNum09105242128
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM BAKKEBY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-04T14:48:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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