Civic Intelligence

Amagansett Life-Saving and Coast Guard Station Society

990EZ • Fiscal year 2022 • EIN 82-1601103

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 29, 2023

PO Box 51Amagansett, NY 11930

(631) 324-1233

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

Higher debt load relative to assets than 53% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Net Margin

90th percentile

62%

Higher net margin than 90% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2022 filings • NTEE A • <$500k nonprofits • Source year 2022

Asset Growth

72nd percentile

23%

Faster asset growth than 72% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

39%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • NTEE A • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$428,840

Up $79,308 (+23%) from 2021

Net Assets

Up

$428,535

Up $79,063 (+23%) from 2021

Liabilities

Up

$305

Up $245 (+408%) from 2021

Revenue

Up

$127,715

Up $35,962 (+39%) from 2021

Expenses

Up

$48,652

Up $8,976 (+23%) from 2021

Net Income

Up

$79,063

Up $26,986 (+52%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $270,351Liabilities 2018: $122Net Assets 2018: $270,2292018Assets 2019: $273,671Liabilities 2019: $288Net Assets 2019: $273,3832019Assets 2020: $297,447Net Assets 2020: $297,4472020Assets 2021: $349,532Liabilities 2021: $60Net Assets 2021: $349,4722021Assets 2022: $428,840Liabilities 2022: $305Net Assets 2022: $428,5352022Assets 2023: $562,430Liabilities 2023: $505Net Assets 2023: $561,9252023Assets 2024: $573,958Liabilities 2024: $858Net Assets 2024: $573,1002024

Highlighted filing

2022

Assets$428,840
Liabilities$305
Net Assets$428,535

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2018: $92,069Expenses 2018: $65,714Net Income 2018: $26,3552018Revenue 2019: $61,829Expenses 2019: $58,675Net Income 2019: $3,1542019Revenue 2020: $57,720Expenses 2020: $33,656Net Income 2020: $24,0642020Revenue 2021: $91,753Expenses 2021: $39,676Net Income 2021: $52,0772021Revenue 2022: $127,715Expenses 2022: $48,652Net Income 2022: $79,0632022Revenue 2023: $179,647Expenses 2023: $46,257Net Income 2023: $133,3902023Revenue 2024: $76,356Expenses 2024: $65,181Net Income 2024: $11,1752024

Highlighted filing

2022

Revenue$127,715
Expenses$48,652
Net Income$79,063
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 29, 2023
Return Version
2022v5.0
Gross Receipts
$149,851
Mission and Program Overview

Mission

To maintain and preserve the amagansett life-saving and coast guard station located at 160 atlantic ave, amagansett, ny 11930 to operate a museum at the station of the purpose of making it accessible to the public and of interpreting its history and the history of the u.s. Life-saving service and the u.s. Coast guard in east hampton and evirons for the interest and intruction of the residents of the town of east hampton and numerous visitors to the town to own and/or hold collections, mount exhibits, produce written materials and offer educational and public programs and to engage in any and all other lawful activities in the furtherance of the foregoing purposes.

Program Services

DescriptionGrantsExpenses
TO MAINTAIN AND PRESERVE THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION LOCATED AT 160 ATLANTIC AVENUE, AMAGANSETT, NY 11930 (THE "STATION"); TO OPERATE A MUSEUM AT THE STATION FOR THE PURPOSE OF MAKING IT ACCESSIBLE TO THE PUBLIC AND INTERPRETING HISTORY AND THE HISTORY OF THE U.S. LIFE- SAVING SERVICE AND U.S. COAST GUARD IN EAST HAMPTON AN ENVIRONS FOR THE INTEREST AND INSTRUCTION OF THE RESIDENTS OF THE TOWN OF EAST HAMPTON AND NUMEROUS VISITORS TO THE TOWN; TO OWN AND/OR HOLD COLLECTIONS, MOUNT EXHIBITS, PRODUCE WRITTEN MATERIALS AND OFFER EDUATIONAL AND PUBLIC PROGRAMS; AND TO ENGAGE IN ALL OTHER LAWFUL ACTIVITIES IN FURTHERANCE OF THE FOREGOING PURPOSES.-$33,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NINA D GILLMANSecretaryPT$0--
STEPHEN M MARZOTreasurerPT$0--
MICHAEL N CINGUECo- PresidenPT$0--
DAVID LYSTrustee-$0--
JAMES S BRADLEYCo-PresidentPT$0--
GARY ADAMEKVice-Preside-$0--
DAVID CATALETTOTrustee-$0--
ELENA PROHASK GLINNTrustee-$0--
BRITTON BISTRIANTrustee-$0--
BMCM EDWARD MICHAEL USCG RETTrustee-$0--
CHARLES SAVAGETrustee-$0--
DAKOTA ARKIN CAFOUREKVice Preside-$0--
BMC JAMES WEBER USCG RETTrustee-$0--
ISABEL CARMICHAELTrustee-$0--
STACY MYERSTrustee-$0--
JOHN RYAN JRTrustee-$0--
SCOTT HANDWERKERTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lobster Bake$41,571$41,571$22,136$19,435
Total Events$41,571$41,571$22,136$19,435
Filing and Contact Details

Filer

Filer Name
Amagansett Life-saving & Coast
EIN
82-1601103
Phone
6313241233
Address
PO BOX 51, AMAGANSETT, NY 11930

Signing Officer

Name
Stephen M Marzo
Title
Treasurer
Phone
6312671059
Signed
2023-11-29
Discuss with paid preparer
Yes

Preparer

Firm
KANDELL FARNWORTH & PUBINS CPA'S PC
Address
727 UNION AVE, RIVERHEAD, NY 11901-1912
Preparer
Dorothy J Desbonnet CPA
Phone
6317225300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Net museum sales 2,093 total 2,093

Form 990-ez, Part I, Line 16

Expenses advertising 603 office expense 1,219 innsurance-fire 3,224 insurance-d&o 4,664 annual appeal expense 4,413 bank charges 2,418 computer expense 471 dues & subscriptions 183 programs 1,663 licenses & fees 560 meetings & conferences 1,912 repairs & maintenance 6,062 supplies 3,964 tax registration 125 non-investment depreciation 10,089 total 41,570

Form 990-ez, Part II, Line 24

Leasehold improvements 177,463 249,474 less accumulated depreciation 20,180 63,897 fixtures & office 35,045 0 less accumulated depreciation 22,221 0 boat & service wagon 36,966 0 less accumulated depreciation 11,406 0 collection 3,965 19,230 total 199,632 204,807

Form 990-ez, Part II, Line 26

Credit card 0 49 sales tax payable 60 256

Form 990-ez, Part III

To maintain and preserve the amagansett life-saving and coast guard station located at 160 atlantic ave, amagansett, ny 11930 to operate a museum at the station of the purpose of making it accessible to the public and of interpreting its history and the history of the u.s. Life-saving service and the u.s. Coast guard in east hampton and evirons for the interest and intruction of the residents of the town of east hampton and numerous visitors to the town to own and/or hold collections, mount exhibits, produce written materials and offer educational and public programs and to engage in any and all other lawful activities in the furtherance of the foregoing purposes.

Form 990-ez, Part III, Line 28

To maintain and preserve the amagansett life-saving and coast guard station located at 160 atlantic avenue, amagansett, ny 11930 (the "station"); to operate a museum at the station for the purpose of making it accessible to the public and interpreting history and the history of the u.s. Life- saving service and u.s. Coast guard in east hampton an environs for the interest and instruction of the residents of the town of east hampton and numerous visitors to the town; to own and/or hold collections, mount exhibits, produce written materials and offer eduational and public programs; and to engage in all other lawful activities in furtherance of the foregoing purposes.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NET MUSEUM SALES 2,093 TOTAL 2,093
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 603 OFFICE EXPENSE 1,219 INNSURANCE-FIRE 3,224 INSURANCE-D&O 4,664 ANNUAL APPEAL EXPENSE 4,413 BANK CHARGES 2,418 COMPUTER EXPENSE 471 DUES & SUBSCRIPTIONS 183 PROGRAMS 1,663 LICENSES & FEES 560 MEETINGS & CONFERENCES 1,912 REPAIRS & MAINTENANCE 6,062 SUPPLIES 3,964 TAX REGISTRATION 125 NON-INVESTMENT DEPRECIATION 10,089 TOTAL 41,570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LEASEHOLD IMPROVEMENTS 177,463 249,474 LESS ACCUMULATED DEPRECIATION 20,180 63,897 FIXTURES & OFFICE 35,045 0 LESS ACCUMULATED DEPRECIATION 22,221 0 BOAT & SERVICE WAGON 36,966 0 LESS ACCUMULATED DEPRECIATION 11,406 0 COLLECTION 3,965 19,230 TOTAL 199,632 204,807
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARD 0 49 SALES TAX PAYABLE 60 256
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO MAINTAIN AND PRESERVE THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION LOCATED AT 160 ATLANTIC AVE, AMAGANSETT, NY 11930 TO OPERATE A MUSEUM AT THE STATION OF THE PURPOSE OF MAKING IT ACCESSIBLE TO THE PUBLIC AND OF INTERPRETING ITS HISTORY AND THE HISTORY OF THE U.S. LIFE-SAVING SERVICE AND THE U.S. COAST GUARD IN EAST HAMPTON AND EVIRONS FOR THE INTEREST AND INTRUCTION OF THE RESIDENTS OF THE TOWN OF EAST HAMPTON AND NUMEROUS VISITORS TO THE TOWN TO OWN AND/OR HOLD COLLECTIONS, MOUNT EXHIBITS, PRODUCE WRITTEN MATERIALS AND OFFER EDUCATIONAL AND PUBLIC PROGRAMS AND TO ENGAGE IN ANY AND ALL OTHER LAWFUL ACTIVITIES IN THE FURTHERANCE OF THE FOREGOING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO MAINTAIN AND PRESERVE THE AMAGANSETT LIFE-SAVING AND COAST GUARD STATION LOCATED AT 160 ATLANTIC AVENUE, AMAGANSETT, NY 11930 (THE "STATION"); TO OPERATE A MUSEUM AT THE STATION FOR THE PURPOSE OF MAKING IT ACCESSIBLE TO THE PUBLIC AND INTERPRETING HISTORY AND THE HISTORY OF THE U.S. LIFE- SAVING SERVICE AND U.S. COAST GUARD IN EAST HAMPTON AN ENVIRONS FOR THE INTEREST AND INSTRUCTION OF THE RESIDENTS OF THE TOWN OF EAST HAMPTON AND NUMEROUS VISITORS TO THE TOWN; TO OWN AND/OR HOLD COLLECTIONS, MOUNT EXHIBITS, PRODUCE WRITTEN MATERIALS AND OFFER EDUATIONAL AND PUBLIC PROGRAMS; AND TO ENGAGE IN ALL OTHER LAWFUL ACTIVITIES IN FURTHERANCE OF THE FOREGOING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN M MARZO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06312671059
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMAGANSETT LIFE-SAVING & COAST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GUARD STATION SOCIETY
ReturnHeader/Filer/BusinessNameControlTxt0AMAG
ReturnHeader/Filer/EIN0821601103
ReturnHeader/Filer/PhoneNum06313241233
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 51
ReturnHeader/Filer/USAddress/CityNm0AMAGANSETT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011930
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112701159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KANDELL FARNWORTH & PUBINS CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0727 UNION AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVERHEAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0119011912
ReturnHeader/PreparerPersonGrp/PhoneNum06317225300
ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOROTHY J DESBONNET CPA
ReturnHeader/ReturnTs02024-01-16T10:44:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MARZO
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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