Civic Intelligence

St Augustine Yacht Club Inc

EIN 59-1888331 • 501(c)7 • Saint Augustine, FL

Profile

The purpose of the club as stated in the original charter of 1873 is to promote water related activities and education as well as safety in boating and conservation of marine natual resources

442 Ocean Vista DriveSaint Augustine, FL 32080

www.staugustineyachtclub.com

Siviq Scores

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

Liabilities / Assets

74th percentile

0.25x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

6th percentile

-28%

Higher net margin than 6% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

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)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

4th percentile

-46%

Faster asset growth than 4% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

13%

Faster revenue growth than 69% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$143,634

Down $121,304 (-46%) from 2023

Liabilities

Up

$36,124

Up $15,464 (+75%) from 2023

Net Assets

Down

$107,510

Down $136,768 (-56%) from 2023

Revenue

Up

$418,086

Up $47,711 (+13%) from 2023

Expenses

Up

$536,859

Up $217,737 (+68%) from 2023

Net Income

Down

-$118,773

Down $170,026 (-332%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $79,595Liabilities 2011: $44,4792011Assets 2012: $99,551Liabilities 2012: $57,421Net Assets 2012: $42,1302012Assets 2013: $59,481Liabilities 2013: $9,796Net Assets 2013: $49,6852013Assets 2014: $68,539Liabilities 2014: $8,904Net Assets 2014: $59,6352014Assets 2015: $92,293Liabilities 2015: $4,554Net Assets 2015: $87,7392015Assets 2016: $117,868Liabilities 2016: $4,976Net Assets 2016: $112,8922016Assets 2017: $96,487Liabilities 2017: $6,420Net Assets 2017: $90,0672017Assets 2018: $125,654Liabilities 2018: $1,273Net Assets 2018: $124,3812018Assets 2019: $160,669Liabilities 2019: $14,354Net Assets 2019: $146,3152019Assets 2020: $156,210Liabilities 2020: $17,459Net Assets 2020: $138,7512020Assets 2021: $158,620Liabilities 2021: $14,306Net Assets 2021: $144,3142021Assets 2022: $210,312Liabilities 2022: $11,205Net Assets 2022: $199,1072022Assets 2023: $264,938Liabilities 2023: $20,660Net Assets 2023: $244,2782023Assets 2024: $143,634Liabilities 2024: $36,124Net Assets 2024: $107,5102024

Highlighted filing

2024

Assets$143,634
Liabilities$36,124
Net Assets$107,510

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $133,330Expenses 2011: $157,021Net Income 2011: -$23,6912011Revenue 2012: $156,463Expenses 2012: $149,449Net Income 2012: $7,0142012Revenue 2013: $146,533Expenses 2013: $138,978Net Income 2013: $7,5552013Revenue 2014: $190,396Expenses 2014: $180,446Net Income 2014: $9,9502014Revenue 2015: $220,393Expenses 2015: $192,286Net Income 2015: $28,1072015Revenue 2016: $237,819Expenses 2016: $211,401Net Income 2016: $26,4182016Revenue 2017: $228,057Expenses 2017: $246,397Net Income 2017: -$18,3402017Revenue 2018: $276,676Expenses 2018: $233,780Net Income 2018: $42,8962018Revenue 2019: $270,807Expenses 2019: $248,873Net Income 2019: $21,9342019Revenue 2020: $175,422Expenses 2020: $181,077Net Income 2020: -$5,6552020Revenue 2021: $292,083Expenses 2021: $287,432Net Income 2021: $4,6512021Revenue 2022: $425,339Expenses 2022: $388,072Net Income 2022: $37,2672022Revenue 2023: $370,375Expenses 2023: $319,122Net Income 2023: $51,2532023Revenue 2024: $418,086Expenses 2024: $536,859Net Income 2024: -$118,7732024

Highlighted filing

2024

Revenue$418,086
Expenses$536,859
Net Income-$118,773

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.36$1.08$4.18$5.37$1.19
2023Detailed filing. Detailed filing data is available for this year.$2.65$0.21$2.44$3.70$3.19$0.51
2022Detailed filing. Detailed filing data is available for this year.$2.10$0.11$1.99$4.25$3.88$0.37
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.14$1.44$2.92$2.87$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.56$0.17$1.39$1.75$1.81$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.14$1.46$2.71$2.49$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.24$2.77$2.34$0.43
2017Detailed filing. Detailed filing data is available for this year.$0.96$0.06$0.90$2.28$2.46$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.05$1.13$2.38$2.11$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.05$0.88$2.20$1.92$0.28
2014Summary only. Only limited summary data is available for this year.$0.69$0.09$0.60$1.90$1.80$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.10$0.50$1.47$1.39$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.57$0.42$1.56$1.49$0.07
2011Summary only. Only limited summary data is available for this year.$0.80$0.44$1.33$1.57$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.0
Gross Receipts
$557,603
Mission and Program Overview

Mission

The purpose of the club as stated in the original charter of 1873 is to promote water related activities and education as well as safety in boating and conservation of marine natual resources

The purpose of the club as stated in the original charter of 1873 is to promote water activiti and education as well as safety in boating and conservation

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,695$53,513▼ $15,182
Cash and Non-Interest-Bearing Accounts$75,329$43,540▼ $31,789
Prepaid Expenses and Deferred Charges$25,945--
Accounts Receivable$68,590$25,024▼ $43,566
Other Notes and Loans Receivable, Net$9,260$11,473▲ $2,213
Inventories for Sale or Use$10,084$10,084→ $0
Savings and Temporary Cash Investments$7,035--
Total Assets$264,938$143,634▼ $121,304
Liabilities
Other Liabilities$17,153$34,263▲ $17,110
Accounts Payable and Accrued Expenses$3,507$1,861▼ $1,646
Total Liabilities$20,660$36,124▲ $15,464
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$244,278$107,510▼ $136,768
Total Net Assets Fund Balance$244,278$107,510▼ $136,768
Total Liabilities and Net Assets / Fund Balance$264,938$143,634▼ $121,304

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,310$114,455-
Leasehold Improvements$30,203$43,651-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jan SpencerCommodore
Alison ButlerSecretary
Mark OutlawTreasurer
Bruce ButlerVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$183,591
Program Service Revenue
$39,376
Investment Income
$2,890
Other Revenue
$192,229
All Other Contributions
$7,688
Change in Net Assets
$-118,773
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$316,408
Other Expenses$220,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$293,373--$293,373
Insurance$49,735--$49,735
All Other Expenses$45,987--$45,987
Payroll Taxes$23,035--$23,035
Other Expenses$21,666--$21,666
Depreciation Depletion$15,182---
Occupancy$13,526--$13,526
Fees for Services Legal-$10,150-$10,150
Advertising$2,723--$2,723
Office Expenses$1,560--$1,560
Fees for Services Accounting-$1,350-$1,350
Total Functional Expenses$540,541$11,500$0$536,859
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due Affliates$25,092
Payroll Taxes$5,417
Sales Tax$1,915
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
Filing and Contact Details

Filer

Filer Name
St Augustine Yacht Club Inc
EIN
59-1888331
Phone
9048249725
Address
442 OCEAN VISTA DRIVE, SAINT AUGUSTINE, FL 32080

Signing Officer

Name
Janice Spencer
Title
President
Phone
9048248463
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Patrick
Formed
1978
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
0
Employees
0

Preparer

Firm
Cowan & Pacetti Inc
Address
3275 US HWY 1 SOUTH, ST AUGUSTINE, FL 32086
Preparer
W Scott Pacetti
Phone
9048248463
Supplemental Narrative

Additional Explanations

990

Advance on future donantions

Raw XML Appendix317 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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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0183591
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0540541
IRS990/TotalFunctionalExpensesGrp/TotalAmt0536859
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020660
IRS990/TotalLiabilitiesEOYAmt036124
IRS990/TotalLiabilitiesGrp/BOYAmt020660
IRS990/TotalLiabilitiesGrp/EOYAmt036124
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0244278
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0107510
IRS990/TotalProgramServiceExpensesAmt042681
IRS990/TotalProgramServiceRevenueAmt039376
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0223946
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0418086
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0264938
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0143634
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0442 OCEAN VISTA AVE
IRS990/USAddress/CityNm0SAINT AUGUSTINE BCH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032080
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.STAUGUSTINEYACHTCLUB.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANICE SPENCER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09048248463
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST AUGUSTINE YACHT CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0STAU
ReturnHeader/Filer/EIN0591888331
ReturnHeader/Filer/PhoneNum09048249725
ReturnHeader/Filer/USAddress/AddressLine1Txt0442 OCEAN VISTA DRIVE
ReturnHeader/Filer/USAddress/CityNm0SAINT AUGUSTINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032080
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593264038
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COWAN & PACETTI INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03275 US HWY 1 SOUTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST AUGUSTINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032086
ReturnHeader/PreparerPersonGrp/PhoneNum09048248463
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0W SCOTT PACETTI
ReturnHeader/ReturnTs02025-11-18T17:20:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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