Civic Intelligence

Lake Worth Sailing Club Inc

990EZ • Fiscal year 2020 • EIN 75-6036258

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 25, 2021

Organization ProfileWWW.LAKEWORTHSAILINGCLUB.COM
PO Box 137512Fort Worth, TX 76136

(806) 340-9253

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

27th percentile

-11%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-6.1%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

28%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$145,393

Down $9,402 (-6.1%) from 2019

Net Assets

$146,479

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin27th percentile

Revenue

Up

$78,977

Up $17,373 (+28%) from 2019

Expenses

Up

$87,293

Up $49,103 (+129%) from 2019

Net Income

Down

-$8,316

Down $31,730 (-136%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2015: $146,918Liabilities 2015: $120,4882015Assets 2016: $151,514Liabilities 2016: $120,7622016Assets 2017: $33,549Liabilities 2017: $02017Assets 2018: $158,689Liabilities 2018: $02018Assets 2019: $154,795Liabilities 2019: $02019Assets 2020: $145,393Net Assets 2020: $146,4792020Assets 2022: $141,655Liabilities 2022: $154Net Assets 2022: $141,5012022Assets 2023: $142,676Net Assets 2023: $142,6762023Assets 2024: $139,116Net Assets 2024: $139,1162024

Highlighted filing

2020

Assets$145,393
Liabilities-
Net Assets$146,479
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $55,084Expenses 2015: $52,936Net Income 2015: $2,1482015Revenue 2016: $58,783Expenses 2016: $54,462Net Income 2016: $4,3212016Revenue 2017: $71,841Expenses 2017: $73,019Net Income 2017: -$1,1782017Revenue 2018: $67,340Expenses 2018: $57,322Net Income 2018: $10,0182018Revenue 2019: $61,604Expenses 2019: $38,190Net Income 2019: $23,4142019Revenue 2020: $78,977Expenses 2020: $87,293Net Income 2020: -$8,3162020Revenue 2022: $74,103Expenses 2022: $78,628Net Income 2022: -$4,5252022Revenue 2023: $83,338Expenses 2023: $82,163Net Income 2023: $1,1752023Revenue 2024: $106,037Expenses 2024: $109,597Net Income 2024: -$3,5602024

Highlighted filing

2020

Revenue$78,977
Expenses$87,293
Net Income-$8,316
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 25, 2021
Return Version
2020v4.0
Gross Receipts
$78,977
Mission and Program Overview

Mission

Sports Club Comminity Charity Work

Sports club community charity work

Program Services

DescriptionGrantsExpenses
None--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AARON BRANDTCommodorePT$0--
TED HUBBLEVice Commodore-$0--
CHERYL SPRINGERTreasurerPT$0--
DOROTHY TYLERSecretaryPT$0--
BRIAN MCMILLANRear Commodore-$0--
Filing and Contact Details

Filer

Filer Name
Lake Worth Sailing Club Inc
EIN
75-6036258
Phone
8063409253
Address
PO BOX 137512, Fort Worth, TX 76136

Signing Officer

Name
Julia Wayland
Title
Commodore
Phone
8063409253
Signed
2021-01-25
Discuss with paid preparer
No

Preparer

Firm
Block Advisors
Address
4964 OVERTON RIDGE BLVD, FORT WORTH, TX 76132
Preparer
Dorothy Mills
Phone
8172920350
Supplemental Narrative

Additional Explanations

PT 1 LINE 8 $29

“MISC INCOME”

PT 1 LINE 16 $1910

“Regattas $457; socials/parties $1453”

Raw XML Appendix115 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHERYL SPRINGER
IRS990EZ/BooksInCareOfDetail/PhoneNum08063409253
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 137512
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 137512
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fort Worth
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076136
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030067
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030271
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02390
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8316
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0154795
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0145393
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0790
IRS990EZ/GrossProfitLossSlsOfInvntryAmt01988
IRS990EZ/GrossReceiptsAmt078977
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt01988
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0115122
IRS990EZ/LandAndBuildingsGrp/EOYAmt0115122
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt036258
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0154795
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0146479
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0154795
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0145393
IRS990EZ/OccupancyRentUtltsAndMaintAmt084142
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AARON BRANDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TED HUBBLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHERYL SPRINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DOROTHY TYLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN MCMILLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COMMODORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE COMMODORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4REAR COMMODORE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09606
IRS990EZ/OtherExpensesTotalAmt01910
IRS990EZ/OtherRevenueTotalAmt029
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SPORTS CLUB COMMUNITY CHARITY WORK
IRS990EZ/PrintingPublicationsPostageAmt01241
IRS990EZ/ProgramServiceRevenueAmt037522
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0None
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt0790
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt087293
IRS990EZ/TotalRevenueAmt078977
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LAKEWORTHSAILINGCLUB.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REGATTAS $457; SOCIALS/PARTIES $1453
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PT 1 LINE 8 $29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PT 1 LINE 16 $1910
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIA WAYLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COMMODORE
ReturnHeader/BusinessOfficerGrp/PhoneNum08063409253
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE WORTH SAILING CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0FWSC
ReturnHeader/Filer/EIN0756036258
ReturnHeader/Filer/PhoneNum08063409253
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 137512
ReturnHeader/Filer/USAddress/CityNm0Fort Worth
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076136
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0431871840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Block Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04964 OVERTON RIDGE BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076132
ReturnHeader/PreparerPersonGrp/PhoneNum08172920350
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dorothy Mills
ReturnHeader/ReturnTs02021-03-09T15:04:10Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WAYLAND
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$145,393
Liabilities
-
Net assets
$146,479
Revenue
$78,977
Expenses
$87,293
Net income
-$8,316
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.39$1.39$1.06$1.10$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.43$1.43$0.83$0.82$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.74$0.79$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.45$1.46$0.79$0.87$0.08
2019Summary only. Only limited summary data is available for this year.$1.55$0.00$0.62$0.38$0.23
2018Summary only. Only limited summary data is available for this year.$1.59$0.00$0.67$0.57$0.10
2017Summary only. Only limited summary data is available for this year.$0.34$0.00$0.72$0.73$0.01
2016Summary only. Only limited summary data is available for this year.$1.52$1.21$0.59$0.54$0.04
2015Summary only. Only limited summary data is available for this year.$1.47$1.20$0.55$0.53$0.02