Civic Intelligence

Meydenbauer Bay Yacht Club

EIN 91-0675819 • 501(c)7 • Bellevue, WA

Profile

To afford its membership many boating priviledges and social opportunities while gaining an appreciation for the marine environment of the Pacific Northwest.

PO Box 863Bellevue, WA 98009

mbycwa.org

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

36th percentile

0.07x

Higher debt load relative to revenue than 36% of similar nonprofits.

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

Net Margin

73rd percentile

16%

Higher net margin than 73% 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

81st percentile

12%

Faster asset growth than 81% of similar nonprofits.

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

Revenue Growth

76th percentile

15%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$4,549,757

Up $492,134 (+12%) from 2023

Liabilities

Down

$102,094

Down $11,641 (-10%) from 2023

Net Assets

Up

$4,447,663

Up $503,775 (+13%) from 2023

Revenue

Up

$1,399,803

Up $187,113 (+15%) from 2023

Expenses

Up

$1,173,018

Up $215,254 (+22%) from 2023

Net Income

Down

$226,785

Down $28,141 (-11%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,813,209Liabilities 2011: $182,889Net Assets 2011: $1,630,3202011Assets 2012: $1,882,071Liabilities 2012: $160,771Net Assets 2012: $1,721,3002012Assets 2013: $1,987,946Liabilities 2013: $138,269Net Assets 2013: $1,849,6772013Assets 2014: $2,278,265Liabilities 2014: $350,233Net Assets 2014: $1,928,0322014Assets 2015: $2,416,372Liabilities 2015: $376,531Net Assets 2015: $2,039,8412015Assets 2016: $2,428,139Liabilities 2016: $315,676Net Assets 2016: $2,112,4632016Assets 2017: $2,545,944Liabilities 2017: $249,811Net Assets 2017: $2,296,1332017Assets 2018: $2,820,098Liabilities 2018: $232,693Net Assets 2018: $2,587,4052018Assets 2019: $3,051,388Liabilities 2019: $214,565Net Assets 2019: $2,836,8232019Assets 2020: $3,227,151Liabilities 2020: $137,069Net Assets 2020: $3,090,0822020Assets 2021: $3,899,937Liabilities 2021: $145,089Net Assets 2021: $3,754,8482021Assets 2022: $3,617,918Liabilities 2022: $99,076Net Assets 2022: $3,518,8422022Assets 2023: $4,057,623Liabilities 2023: $113,735Net Assets 2023: $3,943,8882023Assets 2024: $4,549,757Liabilities 2024: $102,094Net Assets 2024: $4,447,6632024

Highlighted filing

2024

Assets$4,549,757
Liabilities$102,094
Net Assets$4,447,663

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2011: $668,0922011Revenue 2012: $783,672Expenses 2012: $704,553Net Income 2012: $79,1192012Expenses 2013: $665,6562013Revenue 2014: $784,354Expenses 2014: $687,464Net Income 2014: $96,8902014Revenue 2015: $765,975Expenses 2015: $762,273Net Income 2015: $3,7022015Revenue 2016: $865,185Expenses 2016: $784,615Net Income 2016: $80,5702016Revenue 2017: $878,904Expenses 2017: $750,432Net Income 2017: $128,4722017Revenue 2018: $1,013,621Expenses 2018: $775,458Net Income 2018: $238,1632018Revenue 2019: $1,066,099Expenses 2019: $859,155Net Income 2019: $206,9442019Revenue 2020: $979,802Expenses 2020: $817,494Net Income 2020: $162,3082020Revenue 2021: $995,680Expenses 2021: $639,696Net Income 2021: $355,9842021Revenue 2022: $1,218,545Expenses 2022: $1,077,712Net Income 2022: $140,8332022Revenue 2023: $1,212,690Expenses 2023: $957,764Net Income 2023: $254,9262023Revenue 2024: $1,399,803Expenses 2024: $1,173,018Net Income 2024: $226,7852024

Highlighted filing

2024

Revenue$1,399,803
Expenses$1,173,018
Net Income$226,785

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.10$4.45$1.40$1.17$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$0.11$3.94$1.21$0.96$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.10$3.52$1.22$1.08$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.15$3.75$1.00$0.64$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.23$0.14$3.09$0.98$0.82$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.21$2.84$1.07$0.86$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.23$2.59$1.01$0.78$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.55$0.25$2.30$0.88$0.75$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.43$0.32$2.11$0.87$0.78$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.38$2.04$0.77$0.76$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.35$1.93$0.78$0.69$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.14$1.85$0.67
2012Summary only. Only limited summary data is available for this year.$1.88$0.16$1.72$0.78$0.70$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.18$1.63$0.67
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 16, 2023
Return Version
2021v4.1
Gross Receipts
$1,336,905
Mission and Program Overview

Mission

To afford its membership many boating priviledges and social opportunities while gaining an appreciation for the marine environment of the Pacific Northwest.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,754,848$3,518,842▼ $236,006
Land, Buildings, and Equipment, Net$1,768,490$1,839,779▲ $71,289
Investments in Publicly Traded Securities$1,662,938$1,486,356▼ $176,582
Cash and Non-Interest-Bearing Accounts$317,849$204,319▼ $113,530
Inventories for Sale or Use$36,252$28,628▼ $7,624
Savings and Temporary Cash Investments$68,370$28,061▼ $40,309
Prepaid Expenses and Deferred Charges$12,725$16,521▲ $3,796
Accounts Receivable$32,841$14,212▼ $18,629
Other Notes and Loans Receivable, Net$472$41▼ $431
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,899,937$3,617,918▼ $282,019
Other Assets Total-$1-
Liabilities
Mortgage Notes Payable Secured by Investment Property$94,736$66,898▼ $27,838
Accounts Payable and Accrued Expenses$50,353$20,869▼ $29,484
Other Liabilities-$11,309-
Total Liabilities$145,089$99,076▼ $46,013
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,754,848$3,518,842▼ $236,006
Total Liabilities and Net Assets / Fund Balance$3,899,937$3,617,918▼ $282,019

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,553,799$2,032,757$3,586,556
Land$285,980-$285,980
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bill SeveargeBoard Member
Claire SokoloskiBoard Member
Conrad RimmerBoard Member
Dedee RosenBoard Member
Don WeintraubBoard Member
Jim VeresBoard Member
Ron LarsonBoard Member
Tim ChinnBoard Member
Lon HayneChaplain
Steve KodishCommodore
Jason MooreFleet Captain
Greg AbellPast Commodore
Jim StefanakRear Commodore
Dale BlackburnSecretary
Greg BuscherTreasurer
Dan TemplinVice Commodore
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$960,572
Investment Income
$132,630
Other Revenue
$125,343
Change in Net Assets
$140,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$942,914
Salaries, Compensation, and Employee Benefits$134,798
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$352,458
Depreciation Depletion---$132,970
Other Salaries and Wages---$122,495
Insurance---$62,850
Other Expenses---$50,016
Fees for Services Other---$27,472
Office Expenses---$12,594
Payroll Taxes---$12,303
Interest---$11,626
Advertising---$2,558
Total Functional Expenses$0$0$0$1,077,712
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
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
Other Liability$6,212
Payroll Taxes Payable$3,364
Business Taxes Payable$1,000
Credit Cards$733
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Private club membership.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Members elect the governing body.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Bylaw changes must be voted on and approved by the general membership.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Commodore, Treasurer and chairman of the audit committee review the return.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Discussions at board and membership meetings.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Discussions at board meetings

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
Meydenbauer Bay Yacht Club
EIN
91-0675819
Phone
4254548880
Address
PO BOX 863, BELLEVUE, WA 98009

Signing Officer

Name
Ron Larson
Title
Treasurer
Signed
2023-05-16
Discuss with paid preparer
Yes

Organization Details

Formed
1946
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
15
Employees
20

Preparer

Firm
Hawthorne & CO CPAs
Address
17820 1st Ave South, Burien, WA 98148
Preparer
David D Hawthorne - Sb
Phone
2062432336
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Association dues: Column (A) - Total = $1000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

AWARDS: Column (A) - Total = $1036; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Bad Debt Write Off: Column (A) - Total = $1061; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

BANK SERVICE CHARGES: Column (A) - Total = $13220; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Business taxes: Column (A) - Total = $3975; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

CATERING: Column (A) - Total = $35782; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Christmas Cards and Decoration: Column (A) - Total = $1154; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

commodore's expenses: Column (A) - Total = $1561; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Community & Govt relations: Column (A) - Total = $5000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Cruise expenses: Column (A) - Total = $35949; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Dock maintenance: Column (A) - Total = $13047; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Fairwinds: Column (A) - Total = $16922; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Galley expenses: Column (A) - Total = $9496; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Grounds maintenance: Column (A) - Total = $23875; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

License & fees: Column (A) - Total = $2678; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

memorials: Column (A) - Total = $131; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

MISC EXPENSE: Column (A) - Total = $8534; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Monthly dinner expense: Column (A) - Total = $35954; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Other taxes: Column (A) - Total = $41932; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Outstation leases: Column (A) - Total = $24389; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Outstation-Friday Harbor: Column (A) - Total = $15527; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Outstation-Ludlow: Column (A) - Total = $31239; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Outstation-Winslow: Column (A) - Total = $7200; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Photos : Column (A) - Total = $291; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Postage and Shipping: Column (A) - Total = $3649; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

RBAW: Column (A) - Total = $3980; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

ROUNDING: Column (A) - Total = $15; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Yearbook expense: Column (A) - Total = $13861; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Other Changes In Net Assets Or Fund Balances - Other Increases

Adjustment to loss on disposal of assets = $0

Other Changes In Net Assets Or Fund Balances - Other Increases

Kitchen Assessment = $34110

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrealized gain on investments = $0

Raw XML AppendixShowing 400 of 546 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/BooksInCareOfDetail/PhoneNum04254548880
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IRS990/Form990PartVIISectionAGrp/PersonNm2Jim Stefanak
IRS990/Form990PartVIISectionAGrp/PersonNm3Jason Moore
IRS990/Form990PartVIISectionAGrp/PersonNm4Dale Blackburn
IRS990/Form990PartVIISectionAGrp/PersonNm5Greg Buscher
IRS990/Form990PartVIISectionAGrp/PersonNm6Greg Abell
IRS990/Form990PartVIISectionAGrp/PersonNm7Lon Hayne
IRS990/Form990PartVIISectionAGrp/PersonNm8Dedee Rosen
IRS990/Form990PartVIISectionAGrp/PersonNm9Bill Sevearge
IRS990/Form990PartVIISectionAGrp/PersonNm10Jim Veres
IRS990/Form990PartVIISectionAGrp/PersonNm11Claire Sokoloski
IRS990/Form990PartVIISectionAGrp/PersonNm12Don Weintraub
IRS990/Form990PartVIISectionAGrp/PersonNm13Tim Chinn
IRS990/Form990PartVIISectionAGrp/PersonNm14Conrad Rimmer
IRS990/Form990PartVIISectionAGrp/PersonNm15Ron Larson
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Commodore
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Commodore
IRS990/Form990PartVIISectionAGrp/TitleTxt2Rear Commodore
IRS990/Form990PartVIISectionAGrp/TitleTxt3Fleet Captain
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Past Commodore
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chaplain
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
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IRS990/MissionDesc0To afford its membership many boating priviledges and social opportunities while gaining an appreciation for the marine environment of the Pacific Northwest.
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IRS990/OtherExpensesGrp/Desc0Real estate taxes
IRS990/OtherExpensesGrp/Desc1Utilities
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BUSINESS TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL TAXES PAYABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Private club membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bylaw changes must be voted on and approved by the general membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Commodore, Treasurer and chairman of the audit committee review the return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Discussions at board and membership meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Discussions at board meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Association dues: Column (A) - Total = $1000; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AWARDS: Column (A) - Total = $1036; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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