Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Hernando Beach Yacht Club Inc
EIN 59-1883734 • 501(c)7 • Spring Hill, FL
Profile
To promote boating, socialization between members and promote/conduct boating educational projects.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.06x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
54th percentile
Faster asset growth than 54% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$253,519
Up $4,890 (+2.0%) from 2023
Liabilities
Down$15,284
Down $2,448 (-14%) from 2023
Net Assets
Up$238,235
Up $7,338 (+3.2%) from 2023
Revenue
Down$93,516
Down $17,137 (-15%) from 2023
Expenses
Down$86,178
Down $9,528 (-10.0%) from 2023
Net Income
Down$7,338
Down $7,609 (-51%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $253,519
- Liabilities
- $15,284
- Net assets
- $238,235
- Revenue
- $93,516
- Expenses
- $86,178
- Net income
- $7,338
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 8, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $98,823
Mission and Program Overview
Mission
To promote boating, socialization between members and promote/conduct boating educational projects.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The Club held many social events to promote interactions between members. Traditional boating-related events, such as the Commodore's Ball and Change of Watch, were held to honor long-standing Yacht Club traditions. Several educational programs were also conducted in cooperation with the local Coast Guard Auxiliary. Two boat parades were organized during the year, one to assist Toys for Tots and the other to assist the Florida Veterans Foundation. | - | $19,385 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Pat Coggins | Commodore | - | $0 | - | - |
| Gay Colleypriest | Vice Commodore | PT | $0 | - | - |
| Bill Colleypriest | Rear Commodore | PT | $0 | - | - |
| Ralph Kennedy | Fleet Captain | PT | $0 | - | - |
| Karen Rumptz | Secretary | - | $0 | - | - |
| Sheryl Coggins | Treasurer | PT | $0 | - | - |
| Patti Ames | Imm Past Comm | - | $0 | - | - |
| Walter Batagia | Director | - | $0 | - | - |
| Nina Batagia | Director | - | $0 | - | - |
| Jason Milcendeau | Director | - | $0 | - | - |
| Sally Cosenza | Director | - | $0 | - | - |
| Donna Savage | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Hernando Beach Yacht Club Inc
- EIN
- 59-1883734
- Phone
- 3525964830
- Address
- PO Box 3213, Spring Hill, FL 34611
Signing Officer
- Name
- Jerry Markuson
- Title
- Commodore
- Signed
- 2025-11-08
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $3284”
Other Expenses.1003
“Information Technology $344”
Other Expenses.1009
“Depreciation $13204”
Other Expenses.1012
“Insurance $18448”
Other Expenses.1
“Member Event Direct Expenses $18791”
Other Expenses.2
“Contributions $500”
Other Assets.1005
“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $732”
Other Assets.1010
“Inventories - Beginning $3781 Inventories - Ending $4066”
Other Assets.1
“Vendor Deposits - Beginning $1094 Vendor Deposits - Ending $1094”
Other Assets.2
“Prepaid Expenses - Beginning $869 Prepaid Expenses - Ending $0”
Total Liabilities.1003
“Deferred Revenue - Beginning $1154 Deferred Revenue - Ending $3972”
Total Liabilities.1006
“Payable to Officers, Directors, Etc. - Beginning $15000 Payable to Officers, Directors, Etc. - Ending $8334”
Total Liabilities.1
“Sales Tax Payable - Beginning $590 Sales Tax Payable - Ending $2990”
Raw XML Appendix179 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.
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| IRS990EZ/LoansToFromOfficersAmt | 0 | 8334 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Karen Rumptz |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Sheryl Coggins |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Patti Ames |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Walter Batagia |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Nina Batagia |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | Jason Milcendeau |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | Donna Savage |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Commodore |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice Commodore |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Rear Commodore |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Fleet Captain |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Imm Past Comm |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | true |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5744 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 5892 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 54571 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To promote boating, socialization between members and promote/conduct boating educational projects. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 200 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 49395 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Club held many social events to promote interactions between members. Traditional boating-related events, such as the Commodore's Ball and Change of Watch, were held to honor long-standing Yacht Club traditions. Several educational programs were also conducted in cooperation with the local Coast Guard Auxiliary. Two boat parades were organized during the year, one to assist Toys for Tots and the other to assist the Florida Veterans Foundation. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 19385 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 594 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 1232 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 17732 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 15284 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
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| IRS990EZ/TotalRevenueAmt | 0 | 93516 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | hernandobeachyc.com |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 8334 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | New roof |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 20000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Terry Lemmons |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | Officer |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 8334 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $3284 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Information Technology $344 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Depreciation $13204 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $18448 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Member Event Direct Expenses $18791 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Contributions $500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Receivable - Beginning $0 Accounts Receivable - Ending $732 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Inventories - Beginning $3781 Inventories - Ending $4066 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Vendor Deposits - Beginning $1094 Vendor Deposits - Ending $1094 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Prepaid Expenses - Beginning $869 Prepaid Expenses - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Deferred Revenue - Beginning $1154 Deferred Revenue - Ending $3972 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Payable to Officers, Directors, Etc. - Beginning $15000 Payable to Officers, Directors, Etc. - Ending $8334 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Sales Tax Payable - Beginning $590 Sales Tax Payable - Ending $2990 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1010 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.1006 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jerry Markuson |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Commodore |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Hernando Beach Yacht Club Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HERN |
| ReturnHeader/Filer/EIN | 0 | 591883734 |
| ReturnHeader/Filer/PhoneNum | 0 | 3525964830 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 3213 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Spring Hill |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 34611 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/ReturnTs | 0 | 2025-11-08T09:48:08-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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