Civic Intelligence

Brae Burn Inc

EIN 91-0841599 • 501(c)7 • Redmond, WA

Profile

The organization provides a source for recreational activities for the community members.

2409 182nd Ave NERedmond, WA 98052

n/A

Siviq Scores

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

Liabilities / Assets

78th percentile

0.32x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.67x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

68%

Faster asset growth than 96% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

16%

Faster revenue growth than 74% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$693,107

Up $280,391 (+68%) from 2023

Liabilities

Up

$221,853

Up $221,853 from 2023

Net Assets

Up

$471,254

Up $58,538 (+14%) from 2023

Revenue

Up

$331,857

Up $46,382 (+16%) from 2023

Expenses

Down

$273,319

Down $33,919 (-11%) from 2023

Net Income

Up

$58,538

Up $80,301 (+369%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $151,680Liabilities 2010: $0Net Assets 2010: $151,6802010Assets 2011: $193,355Liabilities 2011: $0Net Assets 2011: $193,3552011Assets 2012: $206,365Liabilities 2012: $0Net Assets 2012: $206,3652012Assets 2013: $233,037Liabilities 2013: $0Net Assets 2013: $233,0372013Assets 2014: $230,280Liabilities 2014: $0Net Assets 2014: $230,2802014Assets 2015: $258,230Liabilities 2015: $0Net Assets 2015: $258,2302015Assets 2016: $278,831Liabilities 2016: $0Net Assets 2016: $278,8312016Assets 2017: $282,431Liabilities 2017: $0Net Assets 2017: $282,4312017Assets 2018: $296,691Liabilities 2018: $0Net Assets 2018: $296,6912018Assets 2019: $311,510Liabilities 2019: $0Net Assets 2019: $311,5102019Assets 2020: $353,533Liabilities 2020: $0Net Assets 2020: $353,5332020Assets 2021: $382,752Liabilities 2021: $0Net Assets 2021: $382,7522021Assets 2022: $434,479Liabilities 2022: $0Net Assets 2022: $434,4792022Assets 2023: $412,716Liabilities 2023: $0Net Assets 2023: $412,7162023Assets 2024: $693,107Liabilities 2024: $221,853Net Assets 2024: $471,2542024

Highlighted filing

2024

Assets$693,107
Liabilities$221,853
Net Assets$471,254

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $189,6602010Expenses 2011: $161,8912011Expenses 2012: $164,9242012Revenue 2013: $187,880Expenses 2013: $161,208Net Income 2013: $26,6722013Revenue 2014: $181,794Expenses 2014: $184,551Net Income 2014: -$2,7572014Revenue 2015: $213,522Expenses 2015: $185,572Net Income 2015: $27,9502015Revenue 2016: $203,350Expenses 2016: $182,749Net Income 2016: $20,6012016Revenue 2017: $197,284Expenses 2017: $193,684Net Income 2017: $3,6002017Revenue 2018: $224,856Expenses 2018: $210,596Net Income 2018: $14,2602018Revenue 2019: $232,270Expenses 2019: $217,451Net Income 2019: $14,8192019Revenue 2020: $252,549Expenses 2020: $210,526Net Income 2020: $42,0232020Revenue 2021: $266,685Expenses 2021: $237,466Net Income 2021: $29,2192021Revenue 2022: $296,968Expenses 2022: $245,241Net Income 2022: $51,7272022Revenue 2023: $285,475Expenses 2023: $307,238Net Income 2023: -$21,7632023Revenue 2024: $331,857Expenses 2024: $273,319Net Income 2024: $58,5382024

Highlighted filing

2024

Revenue$331,857
Expenses$273,319
Net Income$58,538

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.93$2.22$4.71$3.32$2.73$0.59
2023Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$2.85$3.07$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$2.97$2.45$0.52
2021Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$2.67$2.37$0.29
2020Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.54$2.53$2.11$0.42
2019Detailed filing. Detailed filing data is available for this year.$3.12$0.00$3.12$2.32$2.17$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$2.25$2.11$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$1.97$1.94$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.79$2.03$1.83$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.58$2.14$1.86$0.28
2014Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$1.82$1.85$0.03
2013Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$1.88$1.61$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$1.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$1.90
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 29, 2025
Return Version
2024v5.2
Gross Receipts
$331,857
Mission and Program Overview

Mission

The organization provides a source for recreational activities for the community members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$239,833$532,460▲ $292,627
Rtn Earn Endowment Incm Other Fnds$412,716$471,254▲ $58,538
Land, Buildings, and Equipment, Net$148,035$141,651▼ $6,384
Cash and Non-Interest-Bearing Accounts$24,848$18,996▼ $5,852
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$412,716$693,107▲ $280,391
Liabilities
Other Liabilities$0$221,853▲ $221,853
Total Liabilities$0$221,853▲ $221,853
Net Assets / Fund Balance
Total Net Assets Fund Balance$412,716$471,254▲ $58,538
Total Liabilities and Net Assets / Fund Balance$412,716$693,107▲ $280,391

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$81,553$201,602$283,155
Equipment$55,979$225,587$281,566
Land$4,119-$4,119
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lisa CollierTreasurer$8,978$8,978

Board Members and Trustees

NameTitle
Craig SchultzPresident
SEAN O'CONNORVice President
Bobbi SchultzDirector
Gark EklundDirector
Kevin ReidDirector
Debbie GordonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$320,878
Investment Income
$9,279
Other Revenue
$1,700
Change in Net Assets
$58,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,990
Salaries, Compensation, and Employee Benefits$123,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$113,259
Depreciation Depletion---$23,511
Occupancy---$14,379
Pension Plan Contributions---$10,070
Insurance---$6,781
Fees for Services Other---$3,245
Office Expenses---$2,828
Fees for Services Accounting---$1,745
Other Expenses---$1,263
Total Functional Expenses$0$0$0$273,319
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
Insurance Proceeds$221,853
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 6

Membership is comprised of the 93 community households, approximately 20 associate members, and several emeritus members.

Form 990, Part VI, Section A, Line 7A

The governing board is elected by the membership.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the board prior to submission with the irs.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available to the membership upon request.

Filing and Contact Details

Filer

Filer Name
Brae Burn Inc
EIN
91-0841599
Phone
4253761069
Address
2409 182ND AVE NE, REDMOND, WA 98052

Signing Officer

Name
Peter Magoulick
Title
Treasurer
Phone
4253761069
Signed
2025-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Magoulick
Formed
1962
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
6
Employees
4
Volunteers
10

Preparer

Firm
Vine Dahlen Pllc
Address
3500 188TH STREET SW STE 322, LYNNWOOD, WA 98037
Preparer
Lori L Scott CPA
Phone
4257716055
Raw XML Appendix317 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/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04253761069
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02409 182ND AVE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
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IRS990/Form990PartVIISectionAGrp/PersonNm3DEBBIE GORDON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/GrossReceiptsAmt0331857
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IRS990/GroupReturnForAffiliatesInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IS COMPRISED OF THE 93 COMMUNITY HOUSEHOLDS, APPROXIMATELY 20 ASSOCIATE MEMBERS, AND SEVERAL EMERITUS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BOARD IS ELECTED BY THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE BOARD PRIOR TO SUBMISSION WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE MEMBERSHIP UPON REQUEST.
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IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0273319
IRS990/TotalGrossUBIAmt010979
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0221853
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0221853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0412716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0471254
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0320878
IRS990/TotalReportableCompFromOrgAmt08978
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0320878
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0331857
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010979
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0412716
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0693107
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02409 182ND AVE NE
IRS990/USAddress/CityNm0REDMOND
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098052
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER MAGOULICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04253761069
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRAE BURN INC
ReturnHeader/Filer/BusinessNameControlTxt0BRAE
ReturnHeader/Filer/EIN0910841599
ReturnHeader/Filer/PhoneNum04253761069
ReturnHeader/Filer/USAddress/AddressLine1Txt02409 182ND AVE NE
ReturnHeader/Filer/USAddress/CityNm0REDMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098052
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911056739
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VINE DAHLEN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03500 188TH STREET SW STE 322
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LYNNWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098037
ReturnHeader/PreparerPersonGrp/PhoneNum04257716055
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI L SCOTT CPA
ReturnHeader/ReturnTs02025-10-30T19:29:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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