Civic Intelligence

East Cooper Outboard Motor Club

EIN 57-0780854 • 501(c)4 • MT Pleasant, SC

Profile

To serve the interests of boat owners to promote the safe use and conservation of our of our natural resources to own and operate a private boat landing and related property to provide a means of raising funds for scholarships for needy students and to provide means of raising funds for charitable organizations as defined by IRS Code Section 501c3.

PO Box 225MT Pleasant, SC 29465-0225

www.goldbugisland.com

Siviq Scores

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

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.33x

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

501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

62nd percentile

3.5%

Faster asset growth than 62% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

23%

Faster revenue growth than 79% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$440,351

Up $14,848 (+3.5%) from 2022

Liabilities

Down

$51,510

Down $5,825 (-10%) from 2022

Net Assets

Up

$388,841

Up $20,673 (+5.6%) from 2022

Revenue

Up

$156,092

Up $29,655 (+23%) from 2022

Expenses

Up

$135,419

Up $17,051 (+14%) from 2022

Net Income

Up

$20,673

Up $12,604 (+156%) from 2022

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $264,530Liabilities 2011: $16,9002011Assets 2012: $265,179Liabilities 2012: $21,7002012Assets 2013: $299,230Liabilities 2013: $30,7402013Assets 2014: $325,173Liabilities 2014: $48,0402014Assets 2015: $326,624Liabilities 2015: $48,0902015Assets 2016: $362,365Liabilities 2016: $46,190Net Assets 2016: $316,1752016Assets 2017: $397,898Liabilities 2017: $48,265Net Assets 2017: $349,6332017Assets 2018: $395,163Liabilities 2018: $46,384Net Assets 2018: $348,7792018Assets 2019: $425,422Liabilities 2019: $60,494Net Assets 2019: $364,9282019Assets 2020: $401,996Liabilities 2020: $43,623Net Assets 2020: $358,3732020Assets 2021: $424,612Liabilities 2021: $64,513Net Assets 2021: $360,0992021Assets 2022: $425,503Liabilities 2022: $57,335Net Assets 2022: $368,1682022Assets 2023: $440,351Liabilities 2023: $51,510Net Assets 2023: $388,8412023

Highlighted filing

2023

Assets$440,351
Liabilities$51,510
Net Assets$388,841

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $133,969Expenses 2011: $95,766Net Income 2011: $38,2032011Revenue 2012: $119,105Expenses 2012: $123,257Net Income 2012: -$4,1522012Revenue 2013: $120,011Expenses 2013: $94,999Net Income 2013: $25,0122013Revenue 2014: $168,351Expenses 2014: $159,707Net Income 2014: $8,6442014Revenue 2015: $181,969Expenses 2015: $180,018Net Income 2015: $1,9512015Revenue 2016: $148,636Expenses 2016: $110,994Net Income 2016: $37,6422016Revenue 2017: $142,119Expenses 2017: $108,642Net Income 2017: $33,4772017Revenue 2018: $130,366Expenses 2018: $131,220Net Income 2018: -$8542018Revenue 2019: $152,554Expenses 2019: $136,405Net Income 2019: $16,1492019Revenue 2020: $108,170Expenses 2020: $114,725Net Income 2020: -$6,5552020Revenue 2021: $88,483Expenses 2021: $86,757Net Income 2021: $1,7262021Revenue 2022: $126,437Expenses 2022: $118,368Net Income 2022: $8,0692022Revenue 2023: $156,092Expenses 2023: $135,419Net Income 2023: $20,6732023

Highlighted filing

2023

Revenue$156,092
Expenses$135,419
Net Income$20,673

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Oct 16, 2024
Return Version
2022v5.0
Gross Receipts
$253,010
Mission and Program Overview

Mission

To serve the interests of boat owners to promote the safe use and conservation of our of our natural resources to own and operate a private boat landing and related property to provide a means of raising funds for scholarships for needy students and to provide means of raising funds for charitable organizations as defined by IRS Code Section 501c3.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$280,242$300,915▲ $20,673
Savings and Temporary Cash Investments$176,849$241,146▲ $64,297
Land, Buildings, and Equipment, Net$195,378$173,521▼ $21,857
Cap Stk Tr Prin Current Funds$87,926$87,926→ $0
Cash and Non-Interest-Bearing Accounts$32,542$17,437▼ $15,105
Prepaid Expenses and Deferred Charges$20,734$8,247▼ $12,487
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$425,503$440,351▲ $14,848
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$39,407$37,920▼ $1,487
Accounts Payable and Accrued Expenses$17,928$13,590▼ $4,338
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$57,335$51,510▼ $5,825
Net Assets / Fund Balance
Total Net Assets Fund Balance$368,168$388,841▲ $20,673
Total Liabilities and Net Assets / Fund Balance$425,503$440,351▲ $14,848

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,223$19,105-
Other Land Buildings$1,266$3,616-
Land$1,400--
Equipment$1,594$16,437-
Leasehold Improvements$94,038$106,433-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt WilliamsDD Chairman
Doc HollidayEntertainment Chairman
Chance NilsenHouse Committee Chairman
Larry EppersimonsMembership Chairman
Randy HoweCommodore
John CurryMember at Large
Mark LawMember at Large
Norm EngardPast Commodore
John GourdinSecretary
Thomas GladdenTreasurer
Dave KaufmannVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$43,879
Program Service Revenue
$0
Investment Income
$5,572
Other Revenue
$106,641
All Other Contributions
$2,776
Change in Net Assets
$20,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,470
Grants and Similar Amounts Paid$45,949
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,949--$45,949
Conferences and Meetings$26,897$0$0$26,897
Depreciation Depletion$0$22,857$0$22,857
Occupancy$12,177$6,927$0$19,104
Insurance$0$11,885$0$11,885
All Other Expenses$0$0$0$2,976
Advertising$0$1,996$0$1,996
Office Expenses$0$1,733$0$1,733
Total Functional Expenses$85,023$45,398$0$135,419
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$51,059
Fundraising Direct Expenses$26,750
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Turkey Shoot$72,059$51,059$13,620$37,439
Event 2$0$0$0$0
Total Events$72,059$51,059$26,750$24,309
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Deposits Held$37,920
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No

Governance Explanations

Part VI, Section B, Line 1

The Executive Committee makes most of the decisions for the Club. The budget for the club is presented to the membership by the Executive Committee and the membership must approve the annual budget. The Executive Committee is required to operate the club in accordance with the budget house rules and the bylaws.

Part VI, Line 6

The organization has 200 members

Part VI, Line 7B

The members approve the annual budget and elect the board every year

Part VI, Line 11B

The return is approved by the board

Filing and Contact Details

Filer

Filer Name
East Cooper Outboard Motor Club
EIN
57-0780854
In Care Of
% Thomas J Gladden Jr
Phone
8433439415
Address
PO BOX 225, MT PLEASANT, SC 29465-0225

Signing Officer

Name
Thomas Gladden
Title
Treasurer
Signed
2024-10-16

Organization Details

Formed
1957
Legal Domicile
Sc
Voting Board Members
200
Independent Board Members
0
Employees
0
Volunteers
100
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt0253010
IRS990/GrossRentsGrp/PersonalAmt00
IRS990/GrossRentsGrp/RealAmt0152500
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt011885
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt011885
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05572
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0145591
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0195378
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0173521
IRS990/LandBldgEquipCostOrOtherBssAmt0319112
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LessRentalExpensesGrp/PersonalAmt00
IRS990/LessRentalExpensesGrp/RealAmt070168
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt020103
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0To serve the interests of boat owners to promote the safe use and conservation of our of our natural resources to own and operate a private boat landing and related property to provide a means of raising funds for scholarships for needy students and to provide means of raising funds for charitable organizations as defined by IRS Code Section 501c3.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0368168
IRS990/NetAssetsOrFundBalancesEOYAmt0388841
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024309
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt082332
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06927
IRS990/OccupancyGrp/ProgramServicesAmt012177
IRS990/OccupancyGrp/TotalAmt019104
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01733
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt01733
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0County Tax - Solid Waste Removal
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt02022
IRS990/OtherExpensesGrp/TotalAmt10
IRS990/OtherExpensesGrp/TotalAmt20
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherLiabilitiesGrp/BOYAmt039407
IRS990/OtherLiabilitiesGrp/EOYAmt037920
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/ExclusionAmt20
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt20
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt20
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00

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