Civic Intelligence

Beaver Lake Ski Club Inc

EIN 56-2195203 • 501(c)7 • Elizabeth City, NC

Profile

Promote the sport of water skiing

898 Berea Church RoadElizabeth City, NC 27909
Siviq Scores

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

Liabilities / Assets

98th percentile

1.59x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

2.08x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

501(c)7 • <$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.

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$50,766

Down $15,611 (-24%) from 2023

Liabilities

Up

$80,700

Up $554 (+0.7%) from 2023

Net Assets

Down

-$29,934

Down $16,165 (-117%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin8th percentile

Revenue

Up

$38,749

Up $4,578 (+13%) from 2023

Expenses

Down

$54,914

Down $8,040 (-13%) from 2023

Net Income

Up

-$16,165

Up $12,618 (+44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$150K$100K$50K$0-$50KAssets 2018: $5,426Liabilities 2018: $0Net Assets 2018: $5,4262018Assets 2019: $70,280Liabilities 2019: $60,000Net Assets 2019: $10,2802019Assets 2020: $17,186Liabilities 2020: $0Net Assets 2020: $17,1862020Assets 2021: $23,264Liabilities 2021: $0Net Assets 2021: $23,2642021Assets 2022: $100,714Liabilities 2022: $85,700Net Assets 2022: $15,0142022Assets 2023: $66,377Liabilities 2023: $80,146Net Assets 2023: -$13,7692023Assets 2024: $50,766Liabilities 2024: $80,700Net Assets 2024: -$29,9342024

Highlighted filing

2024

Assets$50,766
Liabilities$80,700
Net Assets-$29,934
Open 2024 Filing

Operations Trend

Revenue Growth70th percentile

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

$100K$50K$0-$50KRevenue 2018: $43,963Expenses 2018: $36,416Net Income 2018: $7,5472018Revenue 2019: $50,411Expenses 2019: $45,724Net Income 2019: $4,6872019Revenue 2020: $39,276Expenses 2020: $32,268Net Income 2020: $7,0082020Revenue 2021: $26,951Expenses 2021: $20,873Net Income 2021: $6,0782021Revenue 2022: $26,656Expenses 2022: $34,906Net Income 2022: -$8,2502022Revenue 2023: $34,171Expenses 2023: $62,954Net Income 2023: -$28,7832023Revenue 2024: $38,749Expenses 2024: $54,914Net Income 2024: -$16,1652024

Highlighted filing

2024

Revenue$38,749
Expenses$54,914
Net Income-$16,165
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,766
Liabilities
$80,700
Net assets
-$29,934
Revenue
$38,749
Expenses
$54,914
Net income
-$16,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.81$0.30$0.39$0.55$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.66$0.80$0.14$0.34$0.63$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.86$0.15$0.27$0.35$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.27$0.21$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.39$0.32$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.60$0.10$0.50$0.46$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.44$0.36$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.1
Gross Receipts
$42,426
Mission and Program Overview

Mission

See primary exempt purpose

Promote the sport of water skiing

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE SPORT OF WATER SKIING THROUGH TOURNAMENTS AND EXHIBITIONS.-$0
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFF MITCHELLPresidentPT$0--
SHARON ROGANTreasurerPT$0--
VICTOR ARMSTRONGVice President-$0--
MIKE PELLETIERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Beaver Lake Ski Club Inc
EIN
56-2195203
In Care Of
% SHARON ROGAN
Phone
2523315140
Address
898 BEREA CHURCH ROAD, ELIZABETH CITY, NC 27909

Signing Officer

Name
Sharon Rogan
Title
Treasurer
Phone
2523315140
Signed
2025-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Mason L Spruill CPA
Address
521 S HUGHES BLVD, ELIZABETH CITY, NC 27909
Preparer
Mason L Spruill CPA
Phone
2523383860
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountsite rental income 60boat and guest passes 5,142boat gas income 132”

Description of other expenses Part I line 16

“Description amountdepreciation from 4562 21,272blc challenge event expenses 1,172admin expenses 970clinic expenses 123nc state championship event expense 8,921boat gas 2,168boat maintenance 143boat insurance 629boat interest 1,614boat interest 628”

Description of other assets Part II line 24

“Category beginning of year end of yearboat - mastercraft (net) 53,181 31,909”

Description of total liabilities Part II line 26

“Category beginning of year end of yearline of credit 80,146 0promissory note 0 80,700”

Raw XML Appendix122 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/PersonNm0SHARON ROGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02523315140
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0171 BILLETS BRIDGE RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027921
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013196
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt018857
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt03677
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16165
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt066377
IRS990EZ/Form990TotalAssetsGrp/EOYAmt050766
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-1529
IRS990EZ/GrossReceiptsAmt042426
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt02148
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt022518
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-13769
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-29934
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-13769
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-29934
IRS990EZ/OccupancyRentUtltsAndMaintAmt017274
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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/PersonNm0JEFF MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHARON ROGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VICTOR ARMSTRONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MIKE PELLETIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt053181
IRS990EZ/OtherAssetsTotalDetail/EOYAmt031909
IRS990EZ/OtherExpensesTotalAmt037640
IRS990EZ/OtherRevenueTotalAmt05334
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE SPORT OF WATER SKIING
IRS990EZ/ProgramServiceRevenueAmt012423
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE SPORT OF WATER SKIING THROUGH TOURNAMENTS AND EXHIBITIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt080146
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt080700
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054914
IRS990EZ/TotalRevenueAmt038749
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTSITE RENTAL INCOME 60BOAT AND GUEST PASSES 5,142BOAT GAS INCOME 132
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDEPRECIATION FROM 4562 21,272BLC CHALLENGE EVENT EXPENSES 1,172ADMIN EXPENSES 970CLINIC EXPENSES 123NC STATE CHAMPIONSHIP EVENT EXPENSE 8,921BOAT GAS 2,168BOAT MAINTENANCE 143BOAT INSURANCE 629BOAT INTEREST 1,614BOAT INTEREST 628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARBOAT - MASTERCRAFT (NET) 53,181 31,909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARLINE OF CREDIT 80,146 0PROMISSORY NOTE 0 80,700
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON ROGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02523315140
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAVER LAKE SKI CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0BEAV
ReturnHeader/Filer/EIN0562195203
ReturnHeader/Filer/InCareOfNm0% SHARON ROGAN
ReturnHeader/Filer/PhoneNum02523315140
ReturnHeader/Filer/USAddress/AddressLine1Txt0898 BEREA CHURCH ROAD
ReturnHeader/Filer/USAddress/CityNm0ELIZABETH CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027909
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561283149
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MASON L SPRUILL CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0521 S HUGHES BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELIZABETH CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027909
ReturnHeader/PreparerPersonGrp/PhoneNum02523383860
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MASON L SPRUILL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-07T15:09:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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