Civic Intelligence

Olympia Yacht Club

EIN 91-0346680 • 501(c)7 • Olympia, WA

Profile

Olympia yacht club is a club organized for pleasure and recreation, of which no part of the net earnings benefit any private member.

201 Simmons St NWOlympia, WA 98501

www.olympiayachtclub.org

Siviq Scores

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

Liabilities / Assets

6th percentile

0.01x

Higher debt load relative to assets than 6% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.03x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Source year 2024

Net Margin

61st percentile

8.1%

Higher net margin than 61% of similar nonprofits.

501(c)7 • $5M-$10M 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)7 • $5M-$10M nonprofits • Source year 2024

Asset Growth

48th percentile

1.9%

Faster asset growth than 48% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

9.7%

Faster revenue growth than 64% of similar nonprofits.

501(c)7 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,008,891

Up $111,401 (+1.9%) from 2023

Liabilities

Up

$47,034

Up $18,146 (+63%) from 2023

Net Assets

Up

$5,961,857

Up $93,255 (+1.6%) from 2023

Revenue

Up

$1,369,620

Up $120,768 (+9.7%) from 2023

Expenses

Up

$1,258,076

Up $267,054 (+27%) from 2023

Net Income

Down

$111,544

Down $146,286 (-57%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,912,098Liabilities 2011: $982,285Net Assets 2011: $1,929,8132011Assets 2012: $3,152,489Liabilities 2012: $1,211,245Net Assets 2012: $1,941,2442012Assets 2013: $3,301,341Liabilities 2013: $1,436,075Net Assets 2013: $1,865,2662013Assets 2014: $3,652,099Liabilities 2014: $1,679,245Net Assets 2014: $1,972,8542014Assets 2015: $3,949,002Liabilities 2015: $1,926,486Net Assets 2015: $2,022,5162015Assets 2016: $4,267,382Liabilities 2016: $0Net Assets 2016: $4,267,3822016Assets 2017: $4,505,828Liabilities 2017: $0Net Assets 2017: $4,505,8282017Assets 2018: $4,774,798Liabilities 2018: $683Net Assets 2018: $4,774,1152018Assets 2019: $5,150,068Liabilities 2019: $3,333Net Assets 2019: $5,146,7352019Assets 2020: $5,355,560Liabilities 2020: $51,586Net Assets 2020: $5,303,9742020Assets 2021: $5,462,170Liabilities 2021: $50,214Net Assets 2021: $5,411,9562021Assets 2022: $5,633,817Liabilities 2022: $28,795Net Assets 2022: $5,605,0222022Assets 2023: $5,897,490Liabilities 2023: $28,888Net Assets 2023: $5,868,6022023Assets 2024: $6,008,891Liabilities 2024: $47,034Net Assets 2024: $5,961,8572024

Highlighted filing

2024

Assets$6,008,891
Liabilities$47,034
Net Assets$5,961,857

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $760,7752011Revenue 2012: $784,821Expenses 2012: $773,390Net Income 2012: $11,4312012Revenue 2013: $763,797Expenses 2013: $839,774Net Income 2013: -$75,9772013Revenue 2014: $834,768Expenses 2014: $727,180Net Income 2014: $107,5882014Revenue 2015: $850,830Expenses 2015: $801,168Net Income 2015: $49,6622015Revenue 2016: $1,167,146Expenses 2016: $848,766Net Income 2016: $318,3802016Revenue 2017: $1,159,510Expenses 2017: $921,064Net Income 2017: $238,4462017Revenue 2018: $1,213,341Expenses 2018: $945,054Net Income 2018: $268,2872018Revenue 2019: $1,299,258Expenses 2019: $935,168Net Income 2019: $364,0902019Revenue 2020: $1,195,856Expenses 2020: $927,575Net Income 2020: $268,2812020Revenue 2021: $1,171,402Expenses 2021: $1,051,772Net Income 2021: $119,6302021Revenue 2022: $1,211,972Expenses 2022: $1,018,904Net Income 2022: $193,0682022Revenue 2023: $1,248,852Expenses 2023: $991,022Net Income 2023: $257,8302023Revenue 2024: $1,369,620Expenses 2024: $1,258,076Net Income 2024: $111,5442024

Highlighted filing

2024

Revenue$1,369,620
Expenses$1,258,076
Net Income$111,544

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.01$0.05$5.96$1.37$1.26$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.90$0.03$5.87$1.25$0.99$0.26
2022Detailed filing. Detailed filing data is available for this year.$5.63$0.03$5.61$1.21$1.02$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.46$0.05$5.41$1.17$1.05$0.12
2020Detailed filing. Detailed filing data is available for this year.$5.36$0.05$5.30$1.20$0.93$0.27
2019Detailed filing. Detailed filing data is available for this year.$5.15$0.00$5.15$1.30$0.94$0.36
2018Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$1.21$0.95$0.27
2017Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$1.16$0.92$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$1.17$0.85$0.32
2015Detailed filing. Detailed filing data is available for this year.$3.95$1.93$2.02$0.85$0.80$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.65$1.68$1.97$0.83$0.73$0.11
2013Detailed filing. Detailed filing data is available for this year.$3.30$1.44$1.87$0.76$0.84$0.08
2012Summary only. Only limited summary data is available for this year.$3.15$1.21$1.94$0.78$0.77$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.98$1.93$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$1,415,788
Mission and Program Overview

Mission

Olympia yacht club is a club organized for pleasure and recreation, of which no part of the net earnings benefit any private shareholder.

Olympia yacht club is a club organized for pleasure and recreation, of which no part of the net earnings benefit any private member.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,316,605$3,234,252▼ $82,353
Savings and Temporary Cash Investments$1,923,117$2,090,928▲ $167,811
Cash and Non-Interest-Bearing Accounts$353,361$431,225▲ $77,864
Prepaid Expenses and Deferred Charges$18,811$18,979▲ $168
Inventories for Sale or Use$6,913$15,919▲ $9,006
Pledges and Grants Receivable$15,154$13,250▼ $1,904
Total Assets$5,897,490$6,008,891▲ $111,401
Other Assets Total$263,529$204,338▼ $59,191
Liabilities
Accounts Payable and Accrued Expenses$22,264$39,822▲ $17,558
Other Liabilities$6,624$7,212▲ $588
Total Liabilities$28,888$47,034▲ $18,146
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,868,602$5,961,857▲ $93,255
Total Net Assets Fund Balance$5,868,602$5,961,857▲ $93,255
Total Liabilities and Net Assets / Fund Balance$5,897,490$6,008,891▲ $111,401

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,769,185$3,352,655$5,121,840
Land$1,294,527-$1,294,527
Buildings$170,201$623,502$793,703
Equipment$339$127,533$127,872
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob SandsTrustee
Ed StolarikTrustee
John ErwinTrustee
Rich BergholzTrustee
Tim WhippleTrustee
Steve ParrottTrustee Chai
Lenora TanakaCommodore
Shannon CurtisSecretary
Rion GrovesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$573,444
Program Service Revenue
$738,564
Investment Income
$38,177
Other Revenue
$19,435
Change in Net Assets
$111,544
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,113,624
Salaries, Compensation, and Employee Benefits$144,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$425,284--$425,284
Occupancy$1,669$242,731-$244,400
Other Salaries and Wages$93,380$24,125-$117,505
Fees for Services Accounting$4,223$70,366-$74,589
All Other Expenses$20,518$24,208-$44,726
Insurance-$42,589-$42,589
Other Expenses$16,268$25,865-$42,133
Other Employee Benefits$16,002--$16,002
Payroll Taxes$8,635$2,310-$10,945
Office Expenses$368$3,829-$4,197
Total Functional Expenses$811,545$446,531$0$1,258,076
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$7,212
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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, Page 6, Part VI, Line 6

THE CLUB HAS MEMBERS.

Form 990, Page 6, Part VI, Line 11B

The board of directors reviews form 990 prior to filing.

Form 990, Page 6, Part VI, Line 15B

The club does not conduct a formal compensation study. However, the compensation received does not adequately reflect the significant amount of time and effort expended by officers.

Form 990, Page 6, Part VI, Line 19

The club's information is not provided to the public but is available upon request.

Filing and Contact Details

Filer

Filer Name
Olympia Yacht Club
EIN
91-0346680
Phone
3603576767
Address
201 SIMMONS ST NW, OLYMPIA, WA 98501

Signing Officer

Name
Rion Groves
Title
Treasurer
Phone
3603576767
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Parrott
Formed
1904
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
222

Preparer

Firm
Patricia L Pich CPA Pllc
Address
2413 PACIFIC AVE SE SUITE C, OLYMPIA, WA 98501
Preparer
Patricia L Pich
Phone
3603397867
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Accrual to cash adjustment -18,289

Raw XML Appendix378 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
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0201 SIMMONS ST NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0OLYMPIA
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12094
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22000
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt011812
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt12094
IRS990/OtherRevenueTotalAmt017320
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024125
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt093380
IRS990/OtherSalariesAndWagesGrp/TotalAmt0117505
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02310
IRS990/PayrollTaxesGrp/ProgramServicesAmt08635
IRS990/PayrollTaxesGrp/TotalAmt010945
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt015154
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt013250
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018811
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018979
IRS990/PrincipalOfficerNm0STEVE PARROTT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MOORAGE
IRS990/ProgramServiceRevenueGrp/Desc1CLUB FUNCTIONS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0669073
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt161661
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt27830
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0669073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt161661
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27830
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0538092
IRS990/PYInvestmentIncomeAmt028689
IRS990/PYOtherExpensesAmt0861079
IRS990/PYOtherRevenueAmt02141
IRS990/PYProgramServiceRevenueAmt0679930
IRS990/PYRevenuesLessExpensesAmt0257830
IRS990/PYSalariesCompEmpBnftPaidAmt0129943
IRS990/PYTotalExpensesAmt0991022
IRS990/PYTotalRevenueAmt01248852
IRS990/ReconcilationRevenueExpnssAmt0111544
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-1202
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01923117
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02090928
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0170201
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0623502
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0793703
IRS990ScheduleD/EquipmentGrp/BookValueAmt0339
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127533
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0127872
IRS990ScheduleD/LandGrp/BookValueAmt01294527
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01294527
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01769185
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03352655
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05121840
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03234252
IRS990ScheduleD/TotalLiabilityAmt07212
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CLUB DOES NOT CONDUCT A FORMAL COMPENSATION STUDY. HOWEVER, THE COMPENSATION RECEIVED DOES NOT ADEQUATELY REFLECT THE SIGNIFICANT AMOUNT OF TIME AND EFFORT EXPENDED BY OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CLUB'S INFORMATION IS NOT PROVIDED TO THE PUBLIC BUT IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCRUAL TO CASH ADJUSTMENT -18,289
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05897490
IRS990/TotalAssetsEOYAmt06008891
IRS990/TotalAssetsGrp/BOYAmt05897490
IRS990/TotalAssetsGrp/EOYAmt06008891
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0573444
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0446531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0811545
IRS990/TotalFunctionalExpensesGrp/TotalAmt01258076
IRS990/TotalGrossUBIAmt014061
IRS990/TotalLiabilitiesBOYAmt028888
IRS990/TotalLiabilitiesEOYAmt047034
IRS990/TotalLiabilitiesGrp/BOYAmt028888
IRS990/TotalLiabilitiesGrp/EOYAmt047034
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05868602
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05961857
IRS990/TotalProgramServiceRevenueAmt0738564
IRS990/TotalRevenueGrp/ExclusionAmt038177
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0743938
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01369620
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014061
IRS990/TotalVolunteersCnt0222
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05897490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06008891
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0201 SIMMONS ST NW
IRS990/USAddress/CityNm0OLYMPIA
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098501
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.OLYMPIAYACHTCLUB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RION GROVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03603576767
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLYMPIA YACHT CLUB
ReturnHeader/Filer/BusinessNameControlTxt0OLYM
ReturnHeader/Filer/EIN0910346680
ReturnHeader/Filer/PhoneNum03603576767
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 SIMMONS ST NW
ReturnHeader/Filer/USAddress/CityNm0OLYMPIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098501
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814135216
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATRICIA L PICH CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02413 PACIFIC AVE SE SUITE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLYMPIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098501
ReturnHeader/PreparerPersonGrp/PhoneNum03603397867
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICIA L PICH
ReturnHeader/ReturnTs02025-11-17T19:35:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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