Civic Intelligence

Allatoona Yacht Club Inc

EIN 58-0621888 • 501(c)7 • Emerson, GA

Profile

Provide boating facilities and support services for members in addition to social functions and fellowship to members who enjoy boating on Lake Allatoona; Publish monthly newsletter for members

PO Box 418Emerson, GA 30137

www.allatoonayachtclub.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

40th percentile

2.3%

Higher net margin than 40% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

47th percentile

1.6%

Faster asset growth than 47% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

45th percentile

4.2%

Faster revenue growth than 45% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,731,719

Up $27,873 (+1.6%) from 2023

Liabilities

Up

$8,794

Up $3,313 (+60%) from 2023

Net Assets

Up

$1,722,925

Up $24,560 (+1.4%) from 2023

Revenue

Up

$1,048,560

Up $42,330 (+4.2%) from 2023

Expenses

Up

$1,024,000

Up $36,723 (+3.7%) from 2023

Net Income

Up

$24,560

Up $5,607 (+30%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,920,787Liabilities 2010: $280,933Net Assets 2010: $2,639,8542010Assets 2011: $3,024,629Liabilities 2011: $193,956Net Assets 2011: $2,830,6732011Assets 2012: $3,113,987Liabilities 2012: $109,691Net Assets 2012: $3,004,2962012Assets 2013: $1,243,807Liabilities 2013: $74,014Net Assets 2013: $1,169,7932013Assets 2014: $1,372,384Liabilities 2014: $139,466Net Assets 2014: $1,232,9182014Assets 2015: $1,312,677Liabilities 2015: $88,232Net Assets 2015: $1,224,4452015Assets 2016: $1,274,936Liabilities 2016: $73,826Net Assets 2016: $1,201,1102016Assets 2017: $1,321,318Liabilities 2017: $73,083Net Assets 2017: $1,248,2352017Assets 2018: $1,367,496Liabilities 2018: $51,255Net Assets 2018: $1,316,2412018Assets 2019: $1,430,258Liabilities 2019: $7,514Net Assets 2019: $1,422,7442019Assets 2020: $1,477,173Liabilities 2020: $13,066Net Assets 2020: $1,464,1072020Assets 2021: $1,584,139Liabilities 2021: $26,371Net Assets 2021: $1,557,7682021Assets 2022: $1,802,671Liabilities 2022: $123,259Net Assets 2022: $1,679,4122022Assets 2023: $1,703,846Liabilities 2023: $5,481Net Assets 2023: $1,698,3652023Assets 2024: $1,731,719Liabilities 2024: $8,794Net Assets 2024: $1,722,9252024

Highlighted filing

2024

Assets$1,731,719
Liabilities$8,794
Net Assets$1,722,925

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $638,2162010Expenses 2011: $598,9452011Expenses 2012: $617,7972012Revenue 2013: $734,652Expenses 2013: $679,316Net Income 2013: $55,3362013Revenue 2014: $784,342Expenses 2014: $721,217Net Income 2014: $63,1252014Revenue 2015: $754,362Expenses 2015: $762,835Net Income 2015: -$8,4732015Revenue 2016: $836,153Expenses 2016: $859,488Net Income 2016: -$23,3352016Revenue 2017: $830,929Expenses 2017: $783,804Net Income 2017: $47,1252017Revenue 2018: $898,441Expenses 2018: $830,435Net Income 2018: $68,0062018Revenue 2019: $887,558Expenses 2019: $781,055Net Income 2019: $106,5032019Revenue 2020: $893,330Expenses 2020: $851,967Net Income 2020: $41,3632020Revenue 2021: $940,701Expenses 2021: $847,040Net Income 2021: $93,6612021Revenue 2022: $1,036,438Expenses 2022: $914,794Net Income 2022: $121,6442022Revenue 2023: $1,006,230Expenses 2023: $987,277Net Income 2023: $18,9532023Revenue 2024: $1,048,560Expenses 2024: $1,024,000Net Income 2024: $24,5602024

Highlighted filing

2024

Revenue$1,048,560
Expenses$1,024,000
Net Income$24,560

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.73$0.01$1.72$1.05$1.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.01$1.70$1.01$0.99$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.12$1.68$1.04$0.91$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.58$0.03$1.56$0.94$0.85$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.01$1.46$0.89$0.85$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.43$0.01$1.42$0.89$0.78$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.05$1.32$0.90$0.83$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.07$1.25$0.83$0.78$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.07$1.20$0.84$0.86$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.09$1.22$0.75$0.76$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.14$1.23$0.78$0.72$0.06
2013Summary only. Only limited summary data is available for this year.$1.24$0.07$1.17$0.73$0.68$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.11$3.00$0.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.19$2.83$0.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$0.28$2.64$0.64
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$1,103,405
Mission and Program Overview

Mission

Provide boating facilities and support services for members in addition to social functions and fellowship to members who enjoy boating on lake allatoona: publish monthly newsletter for members

Provide boating facilities and support services for members in addition to social functions and fellowship to members who enjoy boating on Lake Allatoona; Publish monthly newsletter for members

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,698,365$1,722,925▲ $24,560
Savings and Temporary Cash Investments$639,997$803,173▲ $163,176
Land, Buildings, and Equipment, Net$552,621$724,039▲ $171,418
Accounts Receivable$117,777$122,327▲ $4,550
Cash and Non-Interest-Bearing Accounts$385,787$72,533▼ $313,254
Inventories for Sale or Use$7,664$9,647▲ $1,983
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,703,846$1,731,719▲ $27,873
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$5,481$8,794▲ $3,313
Total Liabilities$5,481$8,794▲ $3,313
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,698,365$1,722,925▲ $24,560
Total Liabilities and Net Assets / Fund Balance$1,703,846$1,731,719▲ $27,873

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$106,654$521,112-
Other Land Buildings$537,508$2,052,110-
Equipment$79,877$348,270-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amir ShakaramiDirector
Betsy AmosDirector
Dewayne GriffithDirector
Diana KrauseDirector
Jessica TurnbullDirector
Kim AveryDirector
Nick SniderDirector
Nick ParhamCaptain
John SteinmetzCommodore
Robbie WrightPast Commodore
Jim RasmussenRear Commodore
Wade EverettSecretary
Mike PickeringTreasurer
Norma LanhamVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,022,444
Investment Income
$26,777
Other Revenue
$-661
Change in Net Assets
$24,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$680,599
Salaries, Compensation, and Employee Benefits$343,401
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$325,024--$325,024
Depreciation Depletion$94,451--$94,451
Office Expenses$85,654--$85,654
Occupancy$82,034--$82,034
Insurance$73,129--$73,129
Fees for Services Accounting$57,698--$57,698
Other Expenses$25,461--$25,461
Payroll Taxes$18,377--$18,377
All Other Expenses$8,613--$8,613
Fees for Services Legal$2,684--$2,684
Total Functional Expenses$1,024,000$0$0$1,024,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
No
Management duties delegated
No

Governance Explanations

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

The return is prepared by a paid preparer and reviewed by the organization's treasurer

Form 990, Part VI, Section C, Line 19

Available from the organization upon request

Filing and Contact Details

Filer

Filer Name
Allatoona Yacht Club Inc
EIN
58-0621888
Phone
7709746290
Address
PO Box 418, Emerson, GA 30137

Signing Officer

Name
Mike Pickering
Title
Treasurer
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Pickering
Formed
1952
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
0
Employees
14

Preparer

Firm
Jerry Davis CPA PC
Address
4504 Mahan Drive, Hahira, GA 31632
Preparer
Jerry Davis
Phone
4047980155
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IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InitiationFeesAndCapContriAmt01176736
IRS990/InsuranceGrp/ProgramServicesAmt073129
IRS990/InsuranceGrp/TotalAmt073129
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
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IRS990/InventoriesForSaleOrUseGrp/EOYAmt09647
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt0552621
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0724039
IRS990/LandBldgEquipCostOrOtherBssAmt03645531
IRS990/LegalDomicileStateCd0GA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provide boating facilities and support services for members in addition to social functions and fellowship to members who enjoy boating on Lake Allatoona; Publish monthly newsletter for members
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01698365
IRS990/NetAssetsOrFundBalancesEOYAmt01722925
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-661
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-661
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt025777
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt082034
IRS990/OccupancyGrp/TotalAmt082034
IRS990/OfficeExpensesGrp/ProgramServicesAmt085654
IRS990/OfficeExpensesGrp/TotalAmt085654
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Restaurant Expenses
IRS990/OtherExpensesGrp/Desc1Rents
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/ProgramServicesAmt0111374
IRS990/OtherExpensesGrp/ProgramServicesAmt1102920
IRS990/OtherExpensesGrp/ProgramServicesAmt236581
IRS990/OtherExpensesGrp/ProgramServicesAmt325461
IRS990/OtherExpensesGrp/TotalAmt0111374
IRS990/OtherExpensesGrp/TotalAmt1102920
IRS990/OtherExpensesGrp/TotalAmt236581
IRS990/OtherExpensesGrp/TotalAmt325461
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0325024
IRS990/OtherSalariesAndWagesGrp/TotalAmt0325024
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt018377
IRS990/PayrollTaxesGrp/TotalAmt018377
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Mike Pickering
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0Electricity
IRS990/ProgramServiceRevenueGrp/Desc1Labor
IRS990/ProgramServiceRevenueGrp/Desc2Membership Fees
IRS990/ProgramServiceRevenueGrp/Desc3Miscellaneous Income
IRS990/ProgramServiceRevenueGrp/Desc4Restaurant Sales
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035227
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt146164
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2777853
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38364
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4148673
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt146164
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2777853
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38364
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4148673
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt011649
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IRS990/PYOtherExpensesAmt0855585
IRS990/PYOtherRevenueAmt0-3400
IRS990/PYProgramServiceRevenueAmt0997981
IRS990/PYRevenuesLessExpensesAmt018953
IRS990/PYSalariesCompEmpBnftPaidAmt0131692
IRS990/PYTotalExpensesAmt0987277
IRS990/PYTotalRevenueAmt01006230
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt024560
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01722925
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0639997
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0803173
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0106654
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0521112
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0627766
IRS990ScheduleD/EquipmentGrp/BookValueAmt079877
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0348270
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0428147
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0537508
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02052110
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt02589618
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0724039
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The return is prepared by a paid preparer and reviewed by the organization's treasurer
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available from the organization upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt01731719
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt01024000
IRS990/TotalGrossUBIAmt026777
IRS990/TotalLiabilitiesBOYAmt05481
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IRS990/TotalLiabilitiesGrp/EOYAmt08794
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IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt06163
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IRS990/TotalProgramServiceRevenueAmt01022444
IRS990/TotalRevenueGrp/ExclusionAmt0-661
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01048560
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt026777
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01703846
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01731719
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 418
IRS990/USAddress/CityNm0Emerson
IRS990/USAddress/StateAbbreviationCd0GA

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