Civic Intelligence

The Spaulding Wooden Boat Center

EIN 75-3079357 • 501(c)3 • Sausalito, CA

Profile

To provide a gateway to wooden boat construction, traditions, and seamanship for people of all walks of life

Foot of Gate 5 RoadSausalito, CA 94965

www.spauldingcenter.org

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.08x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

53rd percentile

6.1%

Higher net margin than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

59th percentile

7.0%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

43%

Faster revenue growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,459,490

Up $96,037 (+7.0%) from 2023

Liabilities

Down

$111,419

Down $61,926 (-36%) from 2023

Net Assets

Up

$1,348,071

Up $157,963 (+13%) from 2023

Revenue

Up

$1,623,962

Up $489,260 (+43%) from 2023

Expenses

Up

$1,525,345

Up $269,904 (+21%) from 2023

Net Income

Up

$98,617

Up $219,356 (+182%) 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: $1,766,375Liabilities 2011: $139,291Net Assets 2011: $1,627,0842011Assets 2012: $1,647,772Liabilities 2012: $130,214Net Assets 2012: $1,517,5582012Assets 2013: $1,649,348Liabilities 2013: $138,946Net Assets 2013: $1,510,4022013Assets 2014: $1,688,534Liabilities 2014: $137,443Net Assets 2014: $1,551,0912014Assets 2015: $1,566,648Liabilities 2015: $64,596Net Assets 2015: $1,502,0522015Assets 2016: $1,583,403Liabilities 2016: $39,999Net Assets 2016: $1,543,4042016Assets 2017: $1,573,945Liabilities 2017: $36,307Net Assets 2017: $1,537,6382017Assets 2018: $1,621,119Liabilities 2018: $39,122Net Assets 2018: $1,581,9972018Assets 2019: $1,783,475Liabilities 2019: $72,897Net Assets 2019: $1,710,5782019Assets 2020: $1,672,863Liabilities 2020: $273,438Net Assets 2020: $1,399,4252020Assets 2021: $1,605,316Liabilities 2021: $213,583Net Assets 2021: $1,391,7332021Assets 2022: $1,493,364Liabilities 2022: $182,517Net Assets 2022: $1,310,8472022Assets 2023: $1,363,453Liabilities 2023: $173,345Net Assets 2023: $1,190,1082023Assets 2024: $1,459,490Liabilities 2024: $111,419Net Assets 2024: $1,348,0712024

Highlighted filing

2024

Assets$1,459,490
Liabilities$111,419
Net Assets$1,348,071

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $915,0272011Revenue 2012: $667,795Expenses 2012: $750,298Net Income 2012: -$82,5032012Revenue 2013: $471,508Expenses 2013: $514,029Net Income 2013: -$42,5212013Revenue 2014: $478,856Expenses 2014: $438,167Net Income 2014: $40,6892014Revenue 2015: $400,608Expenses 2015: $464,647Net Income 2015: -$64,0392015Revenue 2016: $507,994Expenses 2016: $466,642Net Income 2016: $41,3522016Revenue 2017: $844,898Expenses 2017: $850,664Net Income 2017: -$5,7662017Revenue 2018: $872,892Expenses 2018: $828,533Net Income 2018: $44,3592018Revenue 2019: $1,040,933Expenses 2019: $912,352Net Income 2019: $128,5812019Revenue 2020: $472,349Expenses 2020: $783,502Net Income 2020: -$311,1532020Revenue 2021: $1,084,800Expenses 2021: $1,092,492Net Income 2021: -$7,6922021Revenue 2022: $1,127,539Expenses 2022: $1,208,425Net Income 2022: -$80,8862022Revenue 2023: $1,134,702Expenses 2023: $1,255,441Net Income 2023: -$120,7392023Revenue 2024: $1,623,962Expenses 2024: $1,525,345Net Income 2024: $98,6172024

Highlighted filing

2024

Revenue$1,623,962
Expenses$1,525,345
Net Income$98,617

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.11$1.35$1.62$1.53$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.17$1.19$1.13$1.26$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.18$1.31$1.13$1.21$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.61$0.21$1.39$1.08$1.09$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.27$1.40$0.47$0.78$0.31
2019Detailed filing. Detailed filing data is available for this year.$1.78$0.07$1.71$1.04$0.91$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.62$0.04$1.58$0.87$0.83$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.57$0.04$1.54$0.84$0.85$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.58$0.04$1.54$0.51$0.47$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.57$0.06$1.50$0.40$0.46$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.69$0.14$1.55$0.48$0.44$0.04
2013Summary only. Only limited summary data is available for this year.$1.65$0.14$1.51$0.47$0.51$0.04
2012Summary only. Only limited summary data is available for this year.$1.65$0.13$1.52$0.67$0.75$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.14$1.63$0.92
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.2
Gross Receipts
$1,757,526
Mission and Program Overview

Mission

To provide a gateway to wooden boat construction, traditions, and seamanship for people of all walks of life

To provide a gateway to wooden boat construction, traditions and seamanship for people of all walks of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,113,296$1,073,137▼ $40,159
Savings and Temporary Cash Investments$263,092$399,028▲ $135,936
Prepaid Expenses and Deferred Charges$10,154$11,377▲ $1,223
Cash and Non-Interest-Bearing Accounts$693$123▼ $570
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-
Inventories for Sale or Use-$0-
Accounts Receivable$-24,160$-24,553▼ $393
Total Assets$1,363,453$1,459,490▲ $96,037
Other Assets Total$378$378→ $0
Liabilities
Accounts Payable and Accrued Expenses$152,543$94,850▼ $57,693
Other Liabilities$20,802$16,569▼ $4,233
Total Liabilities$173,345$111,419▼ $61,926
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,190,108$1,348,071▲ $157,963
Total Net Assets Fund Balance$1,190,108$1,348,071▲ $157,963
Total Liabilities and Net Assets / Fund Balance$1,363,453$1,459,490▲ $96,037

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$275,868$477,511$753,379
Land$568,328-$568,328
Equipment$227,348$118,664$346,012
Other Land Buildings$1,593$16,700$18,293
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas MillerChairman
Bill EdingerPresident
Heather RichardDirector
Kevin BaldwinDirector
Linda SwansonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$546,891
Program Service Revenue
$1,073,798
Investment Income
$1,520
Other Revenue
$1,753
All Other Contributions
$546,891
Change in Net Assets
$98,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$828,651
Other Expenses$696,694
Total Fundraising Expense$106,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$588,470$80,915$66,203$735,588
All Other Expenses$71,150$6,953$5,690$83,793
Insurance$54,505$7,494$6,132$68,131
Payroll Taxes$53,890$7,410$6,063$67,363
Fees for Services Accounting$43,262$5,949$4,867$54,078
Fees for Services Other$36,051-$9,013$45,064
Other Expenses$40,159$4,627$3,785$40,159
Depreciation Depletion$40,159--$40,159
Other Employee Benefits$20,560$2,827$2,313$25,700
Advertising$10,413$1,432$1,171$13,016
Fees for Services Legal$8,750--$8,750
Occupancy$6,000$825$675$7,500
Office Expenses$4,220$580$475$5,275
Information Technology$3,030$417$341$3,788
Travel$2,335$321$263$2,919
Total Functional Expenses$1,298,604$119,750$106,991$1,525,345
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
Lobbying 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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$12,582
Ubti CA Tax Payable$5,719
Sales Tax Payable$1,173
Ubti Federal Tax Payable$-2,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 form is reviewed by manager and bookkeeper prior to filing.

Form 990, Part VI, Section B, Line 12C

A form is annually signed by directors confirming absence of conflict of interest during prior year and promising to avoid any conflicts in current year. Additionally the policy is annually reviewed.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Spaulding Wooden Boat Center
EIN
75-3079357
Phone
4153323179
Address
Foot of Gate 5 Road, Sausalito, CA 94965

Signing Officer

Name
Bill Edinger
Title
President
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bill Edinger
Formed
2002
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
25
Volunteers
20

Preparer

Firm
Concordia Tax & Accounting Inc
Address
120 Villa Ave Unit A Ste 201, San Rafael, CA 94901-1323
Preparer
Jeannine Berman
Phone
4153554580
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