Civic Intelligence

Mobile Yacht Club Inc

EIN 63-0698691 • 501(c)7 • Mobile, AL

Profile

Educational/recreational/social/boating

4925 Marina Dr NMobile, AL 36605-9655

www.mobileyachtclub.com

Siviq Scores

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

Liabilities / Assets

40th percentile

0.06x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

35th percentile

0.07x

Higher debt load relative to revenue than 35% of similar nonprofits.

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

Net Margin

26th percentile

-1.8%

Higher net margin than 26% 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

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

25th percentile

-2.3%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$1,479,705

Down $40,922 (-2.7%) from 2023

Liabilities

Down

$89,672

Down $16,380 (-15%) from 2023

Net Assets

Down

$1,390,033

Down $24,542 (-1.7%) from 2023

Revenue

Down

$1,343,609

Down $32,043 (-2.3%) from 2023

Expenses

Up

$1,368,151

Up $14,857 (+1.1%) from 2023

Net Income

Down

-$24,542

Down $46,900 (-210%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $847,896Liabilities 2011: $214,659Net Assets 2011: $633,2372011Assets 2012: $835,333Liabilities 2012: $206,753Net Assets 2012: $628,5802012Assets 2013: $787,972Liabilities 2013: $194,295Net Assets 2013: $593,6772013Assets 2014: $773,221Liabilities 2014: $186,803Net Assets 2014: $586,4182014Assets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $921,198Liabilities 2016: $177,886Net Assets 2016: $743,3122016Assets 2017: $981,526Liabilities 2017: $172,353Net Assets 2017: $809,1732017Assets 2018: $1,028,377Liabilities 2018: $155,589Net Assets 2018: $872,7882018Assets 2019: $1,114,030Liabilities 2019: $154,507Net Assets 2019: $959,5232019Assets 2020: $1,338,429Liabilities 2020: $141,656Net Assets 2020: $1,196,7732020Assets 2021: $1,590,991Liabilities 2021: $125,346Net Assets 2021: $1,465,6452021Assets 2022: $1,647,101Liabilities 2022: $127,943Net Assets 2022: $1,519,1582022Assets 2023: $1,520,627Liabilities 2023: $106,052Net Assets 2023: $1,414,5752023Assets 2024: $1,479,705Liabilities 2024: $89,672Net Assets 2024: $1,390,0332024

Highlighted filing

2024

Assets$1,479,705
Liabilities$89,672
Net Assets$1,390,033

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $707,632Expenses 2011: $701,502Net Income 2011: $6,1302011Revenue 2012: $727,260Expenses 2012: $731,917Net Income 2012: -$4,6572012Revenue 2013: $757,602Expenses 2013: $759,585Net Income 2013: -$1,9832013Revenue 2014: $690,137Expenses 2014: $697,396Net Income 2014: -$7,2592014Revenue 2015: $420,428Expenses 2015: $564,141Net Income 2015: -$143,7132015Revenue 2016: $798,707Expenses 2016: $635,895Net Income 2016: $162,8122016Revenue 2017: $791,942Expenses 2017: $726,081Net Income 2017: $65,8612017Revenue 2018: $872,462Expenses 2018: $808,847Net Income 2018: $63,6152018Revenue 2019: $989,134Expenses 2019: $902,399Net Income 2019: $86,7352019Revenue 2020: $1,002,689Expenses 2020: $765,439Net Income 2020: $237,2502020Revenue 2021: $1,238,898Expenses 2021: $1,066,101Net Income 2021: $172,7972021Revenue 2022: $1,115,958Expenses 2022: $1,062,445Net Income 2022: $53,5132022Revenue 2023: $1,375,652Expenses 2023: $1,353,294Net Income 2023: $22,3582023Revenue 2024: $1,343,609Expenses 2024: $1,368,151Net Income 2024: -$24,5422024

Highlighted filing

2024

Revenue$1,343,609
Expenses$1,368,151
Net Income-$24,542

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.48$0.09$1.39$1.34$1.37$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.52$0.11$1.41$1.38$1.35$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.13$1.52$1.12$1.06$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.59$0.13$1.47$1.24$1.07$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.34$0.14$1.20$1.00$0.77$0.24
2019Summary only. Only limited summary data is available for this year.$1.11$0.15$0.96$0.99$0.90$0.09
2018Summary only. Only limited summary data is available for this year.$1.03$0.16$0.87$0.87$0.81$0.06
2017Summary only. Only limited summary data is available for this year.$0.98$0.17$0.81$0.79$0.73$0.07
2016Summary only. Only limited summary data is available for this year.$0.92$0.18$0.74$0.80$0.64$0.16
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.42$0.56$0.14
2014Summary only. Only limited summary data is available for this year.$0.77$0.19$0.59$0.69$0.70$0.01
2013Summary only. Only limited summary data is available for this year.$0.79$0.19$0.59$0.76$0.76$0.00
2012Summary only. Only limited summary data is available for this year.$0.84$0.21$0.63$0.73$0.73$0.00
2011Summary only. Only limited summary data is available for this year.$0.85$0.21$0.63$0.71$0.70$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,343,609
Mission and Program Overview

Mission

Educational/recreational/social/boating

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$618,742$545,368▼ $73,374
Savings and Temporary Cash Investments$484,587$527,278▲ $42,691
Cash and Non-Interest-Bearing Accounts$228,562$224,033▼ $4,529
Accounts Receivable$123,932$142,885▲ $18,953
Prepaid Expenses and Deferred Charges$42,758$24,423▼ $18,335
Inventories for Sale or Use$22,046$15,718▼ $6,328
Total Assets$1,520,627$1,479,705▼ $40,922
Liabilities
Deferred Revenue$57,186$64,993▲ $7,807
Accounts Payable and Accrued Expenses$36,255$24,679▼ $11,576
Unsecured Notes Loans Payable$12,611$0▼ $12,611
Total Liabilities$106,052$89,672▼ $16,380
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,414,575$1,390,033▼ $24,542
Total Net Assets Fund Balance$1,414,575$1,390,033▼ $24,542
Total Liabilities and Net Assets / Fund Balance$1,520,627$1,479,705▼ $40,922

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$164,210$899,754$1,063,964
Buildings$226,479$420,710$647,189
Equipment$26,679$101,676$128,355
Land$128,000-$128,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dave CareyBoard Member
David HickmanBoard Member
Dennis BarnesBoard Member
Ryan MckeeBoard Member
Steve PraterBoard Member
Gordon MarshHarbor Master & Board Memb
JOHN O'BRIENCommodore
Bill HaffnerCorresponding Secretary
Judd ChamberlainRear Commodore
Guy MillerRecording Secretary
Curtis PolkTreasurer
Maureen Ollinger LoweVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$444,969
Program Service Revenue
$841,514
Investment Income
$16,756
Other Revenue
$40,370
Change in Net Assets
$-24,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$967,922
Salaries, Compensation, and Employee Benefits$400,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$344,720--$344,720
Occupancy$93,708--$93,708
Depreciation Depletion$88,800--$88,800
Insurance$78,094--$78,094
All Other Expenses$61,534--$61,534
Payroll Taxes$37,326--$37,326
Other Expenses$33,870--$33,870
Office Expenses$30,694--$30,694
Other Employee Benefits$18,183--$18,183
Information Technology$15,763--$15,763
Fees for Services Accounting$7,150--$7,150
Advertising$4,575--$4,575
Interest$268--$268
Total Functional Expenses$1,368,151$0$0$1,368,151
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

Form 990, Part VI, Section A, Line 6

MEMBERS

Form 990, Part VI, Section A, Line 7A

In general, the board of directors make and implement all administrative operating decisions. There are occassions when a propsal will be presented to the membership.

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

Treasurer reviews and makes available for board

Form 990, Part VI, Section C, Line 19

AT THE CLUB FACILITIES

Filing and Contact Details

Filer

Filer Name
Mobile Yacht Club Inc
EIN
63-0698691
Phone
2514713131
Address
4925 MARINA DR N, MOBILE, AL 36605-9655

Signing Officer

Name
Curtis Polk
Title
Treasurer
Phone
2514713131
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Polk
Formed
1847
Legal Domicile
Al
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
The Kba Group Pc
Address
720 EXECUTIVE PARK DRIVE, MOBILE, AL 36606
Preparer
John Bedsole
Phone
2514760314
Raw XML Appendix397 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/OtherExpensesGrp/TotalAmt0305792
IRS990/OtherExpensesGrp/TotalAmt1124963
IRS990/OtherExpensesGrp/TotalAmt2122711
IRS990/OtherExpensesGrp/TotalAmt333870
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/Desc1INITIATION FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020687
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt119683
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020687
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt119683
IRS990/OtherRevenueTotalAmt040370
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0344720
IRS990/OtherSalariesAndWagesGrp/TotalAmt0344720
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt037326
IRS990/PayrollTaxesGrp/TotalAmt037326
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042758
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024423
IRS990/PrincipalOfficerNm0CURTIS POLK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0HARBOR FACILITIES
IRS990/ProgramServiceRevenueGrp/Desc1DINNING/BAR FACILITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0536967
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1207759
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0613058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1228456
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt076091
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt120697
IRS990/ProgSrvcAccomActy2Grp/Desc0DINNING/ BAR/ CLUBHOUSE FACILITIES - TO PROVIDE MEANS FOR ENTERTAINMENT, RECREATION, AMUSEMENT, INSTRUCTION AND FELLOWSHIP FOR ITS MEMBERS
IRS990/ProgSrvcAccomActy3Grp/Desc0REGATTA EVENTS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0431275
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt07124
IRS990/PYOtherExpensesAmt0929111
IRS990/PYOtherRevenueAmt064739
IRS990/PYProgramServiceRevenueAmt0872514
IRS990/PYRevenuesLessExpensesAmt022358
IRS990/PYSalariesCompEmpBnftPaidAmt0424183
IRS990/PYTotalExpensesAmt01353294
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01375652
IRS990/ReconcilationRevenueExpnssAmt0-24542
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0484587
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0527278
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0226479
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0420710
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0647189
IRS990ScheduleD/EquipmentGrp/BookValueAmt026679
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101676
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0128355
IRS990ScheduleD/LandGrp/BookValueAmt0128000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0128000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0164210
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0899754
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01063964
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0545368
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN GENERAL, THE BOARD OF DIRECTORS MAKE AND IMPLEMENT ALL ADMINISTRATIVE OPERATING DECISIONS. THERE ARE OCCASSIONS WHEN A PROPSAL WILL BE PRESENTED TO THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TREASURER REVIEWS AND MAKES AVAILABLE FOR BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THE CLUB FACILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01520627
IRS990/TotalAssetsEOYAmt01479705
IRS990/TotalAssetsGrp/BOYAmt01520627
IRS990/TotalAssetsGrp/EOYAmt01479705
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0444969
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01368151
IRS990/TotalFunctionalExpensesGrp/TotalAmt01368151
IRS990/TotalGrossUBIAmt096788
IRS990/TotalLiabilitiesBOYAmt0106052
IRS990/TotalLiabilitiesEOYAmt089672
IRS990/TotalLiabilitiesGrp/BOYAmt0106052
IRS990/TotalLiabilitiesGrp/EOYAmt089672
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01414575
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01390033
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01368151
IRS990/TotalProgramServiceRevenueAmt0841514
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0801852
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01343609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt096788
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01520627
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01479705
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012611
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04925 MARINA
IRS990/USAddress/CityNm0MOBILE
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036605
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.MOBILEYACHTCLUB.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CURTIS POLK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02514713131
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOBILE YACHT CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0MOBI
ReturnHeader/Filer/EIN0630698691
ReturnHeader/Filer/PhoneNum02514713131
ReturnHeader/Filer/USAddress/AddressLine1Txt04925 MARINA DR N
ReturnHeader/Filer/USAddress/CityNm0MOBILE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd0366059655
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631134001
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE KBA GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0720 EXECUTIVE PARK DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOBILE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd036606
ReturnHeader/PreparerPersonGrp/PhoneNum02514760314
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN BEDSOLE
ReturnHeader/ReturnTs02025-05-21T08:18:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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