Civic Intelligence

Westport South Beach Historical Society

990 • Fiscal year 2013 • EIN 91-1285823

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

PO Box 107498595

(360) 268-0078

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

53rd percentile

0.05x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

54th percentile

4.6%

Higher net margin than 54% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

54th percentile

$17,400

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

56th percentile

4.1%

Faster asset growth than 56% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

46th percentile

2.6%

Faster revenue growth than 46% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$518,920

Up $20,327 (+4.1%) from 2012

Net Assets

Up

$513,844

Up $16,993 (+3.4%) from 2012

Liabilities

Up

$5,076

Up $3,334 (+191%) from 2012

Revenue

Up

$93,534

Up $2,345 (+2.6%) from 2012

Expenses

Up

$89,241

Up $12,712 (+17%) from 2012

Net Income

Down

$4,293

Down $10,367 (-71%) from 2012

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $475,623Liabilities 2011: $1,6292011Assets 2012: $498,593Liabilities 2012: $1,742Net Assets 2012: $496,8512012Assets 2013: $518,920Liabilities 2013: $5,076Net Assets 2013: $513,8442013Assets 2014: $496,321Liabilities 2014: $5,4192014Assets 2015: $471,548Liabilities 2015: $11,2122015Assets 2016: $516,514Liabilities 2016: $34,412Net Assets 2016: $482,1022016Assets 2017: $534,446Liabilities 2017: $28,405Net Assets 2017: $506,0412017Assets 2018: $583,601Liabilities 2018: $18,240Net Assets 2018: $565,3612018Assets 2019: $601,646Liabilities 2019: $10,187Net Assets 2019: $591,4592019Assets 2020: $603,954Liabilities 2020: $24,486Net Assets 2020: $579,4682020Assets 2021: $614,534Liabilities 2021: $44,934Net Assets 2021: $569,6002021Assets 2022: $603,328Liabilities 2022: $49,413Net Assets 2022: $553,9152022Assets 2023: $544,330Liabilities 2023: $20,749Net Assets 2023: $523,5812023Assets 2024: $527,007Liabilities 2024: $6,802Net Assets 2024: $520,2052024

Highlighted filing

2013

Assets$518,920
Liabilities$5,076
Net Assets$513,844

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $83,783Expenses 2011: $71,354Net Income 2011: $12,4292011Revenue 2012: $91,189Expenses 2012: $76,529Net Income 2012: $14,6602012Revenue 2013: $93,534Expenses 2013: $89,241Net Income 2013: $4,2932013Revenue 2014: $64,830Expenses 2014: $91,914Net Income 2014: -$27,0842014Revenue 2015: $80,804Expenses 2015: $111,949Net Income 2015: -$31,1452015Revenue 2016: $136,421Expenses 2016: $119,142Net Income 2016: $17,2792016Revenue 2017: $158,108Expenses 2017: $144,339Net Income 2017: $13,7692017Revenue 2018: $227,329Expenses 2018: $163,136Net Income 2018: $64,1932018Revenue 2019: $152,069Expenses 2019: $140,320Net Income 2019: $11,7492019Revenue 2020: $107,333Expenses 2020: $136,143Net Income 2020: -$28,8102020Revenue 2021: $136,384Expenses 2021: $157,311Net Income 2021: -$20,9272021Revenue 2022: $263,049Expenses 2022: $259,423Net Income 2022: $3,6262022Revenue 2023: $254,408Expenses 2023: $299,489Net Income 2023: -$45,0812023Revenue 2024: $166,620Expenses 2024: $186,646Net Income 2024: -$20,0262024

Highlighted filing

2013

Revenue$93,534
Expenses$89,241
Net Income$4,293
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$104,536
Mission and Program Overview

Mission

Our mission is to educate and interpret the maritime history of our coastal community and to advocate for the preservation of our local historic structures. We own and operate the Grays Harbor Lighthouse and own the collections of and operate the Westport Maritime Museum. We give tours of the museum and lighthouse to school groups host lectures and work with state and local archeological groups identifying beach debris and shipwrecks.

The mission of the Westport South Beach Historical Society is to preserve and interpret the history of the South Beach, with an emphasis on natural resources and advocating for the preservation of our local historic structures in our maritime community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$361,908$368,671▲ $6,763
Savings and Temporary Cash Investments$25,984$37,150▲ $11,166
Inventories for Sale or Use$9,167$28,757▲ $19,590
Cash and Non-Interest-Bearing Accounts$19,510$12,570▼ $6,940
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$498,593$518,920▲ $20,327
Other Assets Total$82,024$71,772▼ $10,252
Liabilities
Mortgage Notes Payable Secured by Investment Property-$3,552-
Accounts Payable and Accrued Expenses$1,742$1,524▼ $218
Total Liabilities$1,742$5,076▲ $3,334
Net Assets / Fund Balance
Unrestricted Net Assets$496,851$513,844▲ $16,993
Total Net Assets Fund Balance$496,851$513,844▲ $16,993
Total Liabilities and Net Assets / Fund Balance$498,593$518,920▲ $20,327

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$260,691$16,909$277,600
Land$100,165-$100,165
Equipment$7,815$11,561$19,376
Other Land Buildings-$536$536
Other Assets Org$71,772--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslee LindstromInterim Ex DirectorFT$17,400$17,400
Randy BeerbowerExecutive DirectorFT$2,500$2,500

Board Members and Trustees

NameTitle
Sam MartinPresident
Jeff PenceVice President
Brook PriestDirector
Christopher KerrDirector
Dann SearsDirector
Jessica AblyDirector
Patricia BoninaDirector
Stephen IrvingDirector
Monica HenionSecretary
Sue ThomasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,415
Program Service Revenue
$56,105
Investment Income
$46
Other Revenue
$22,968
All Other Contributions
$14,415
Change in Net Assets
$4,293

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table7$2,202Fair Market Value (FMV)
Historical Artifacts6$1,480Fair Market Value (FMV)
Total Noncash Contributions13$3,682-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,553
Salaries, Compensation, and Employee Benefits$42,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,486$4,122-$20,608
Current Officers, Directors, Trustees, and Key Employees$4,740$15,160-$19,900
Occupancy$14,760$1,640-$16,400
Information Technology$833$3,330-$4,163
All Other Expenses$1,574$1,768-$3,342
Insurance$2,119$944-$3,063
Office Expenses-$2,479-$2,479
Payroll Taxes$1,697$483-$2,180
Fees for Services Accounting-$1,816-$1,816
Depreciation Depletion$74$1,468-$1,542
Advertising$1,426--$1,426
Other Expenses$970$108-$1,078
Fees for Service Investment Mgmnt Fees-$952-$952
Conferences and Meetings$762--$762
Interest-$274-$274
Total Functional Expenses$53,890$35,351$0$89,241
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,784
Fundraising Direct Expenses$3,096
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Leslee LindstromDirectorSee Part VNo$17,400

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 family members
No
Business relationship with organization members
Yes
Material changes to governing documents
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents

Bylaws were changed to reflect the following:1) The Secretary and Treasurer of the Board of directors may be a combined position with approval of the majority of members voting at the annual meeting.2) Clarifying that it is the Board of Directors' responsibility to hire, supervise, evaluate and terminate the Executive Director and delineating the responsibilities of the Executive Director.3) Limiting directors and officers of the Board of Directors to three consecutive terms in office after which they may serve again only after having not served in that position for two years.4) Setting the term of office for members of the Board of Directors at four years.

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

Anyone interested in the history of westport-south beach may become members by paying dues.

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

The 990 is reviewed by the Treasurer prior to filing and each board member receives a copy prior to filing.

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

Only an informal monitoring process is used. Westport South Beach is a very small community and board members are very familiar with their fellow board members' families and businesses so would be aware of potential conflicts of interest.

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

The board has a meeting to determine the financial compensation for the Executive Director, which is based on historical compensation of previous executive directors, as well as informal knowledge of individual board members from their experience in the industry.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Forms 1023 and 990 are available upon request. Form 990 is also available via Guidestar's website.

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

Governing documents, policies and financial reports are available upon request.

Filing and Contact Details

Filer

EIN
91-1285823
Phone
3602680078

Signing Officer

Name
Sue Thomas
Title
Treasurer
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Thomas
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
20

Preparer

Preparer
Gordon M Glasgow
Phone
3605326873
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt08477
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt082024
IRS990/OtherAssetsTotalGrp/EOYAmt071772
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1IN-KIND EXPENSES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3108
IRS990/OtherExpensesGrp/ProgramServicesAmt03501
IRS990/OtherExpensesGrp/ProgramServicesAmt13432
IRS990/OtherExpensesGrp/ProgramServicesAmt21516
IRS990/OtherExpensesGrp/ProgramServicesAmt3970
IRS990/OtherExpensesGrp/TotalAmt03890
IRS990/OtherExpensesGrp/TotalAmt13682
IRS990/OtherExpensesGrp/TotalAmt21684
IRS990/OtherExpensesGrp/TotalAmt31078
IRS990/OtherInd0X
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IRS990/OtherRevenueTotalAmt035
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04122
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016486
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IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0483
IRS990/PayrollTaxesGrp/ProgramServicesAmt01697
IRS990/PayrollTaxesGrp/TotalAmt02180
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SUE THOMAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
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IRS990/ProgramServiceRevenueGrp/Desc0Admissions
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues & Assessments
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15854
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15854
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09106
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02705
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IRS990/PYProgramServiceRevenueAmt055749
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IRS990/PYSalariesCompEmpBnftPaidAmt041714
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IRS990/PYTotalRevenueAmt091189
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt04293
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02768
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019093
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt029476
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt080
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0169
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0230
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt050251
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt050144
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt042495
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043341
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt046356
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0232587
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0230
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IRS990ScheduleA/InvestmentIncomeCYPct00.00180
IRS990ScheduleA/InvestmentIncomePYPct00.00190
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02803
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03961
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03997
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01775
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015372
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.27$0.07$5.20$1.67$1.87$0.20
2023Summary only. Only limited summary data is available for this year.$5.44$0.21$5.24$2.54$2.99$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.03$0.49$5.54$2.63$2.59$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$0.45$5.70$1.36$1.57$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.04$0.24$5.79$1.07$1.36$0.29
2019Summary only. Only limited summary data is available for this year.$6.02$0.10$5.91$1.52$1.40$0.12
2018Summary only. Only limited summary data is available for this year.$5.84$0.18$5.65$2.27$1.63$0.64
2017Summary only. Only limited summary data is available for this year.$5.34$0.28$5.06$1.58$1.44$0.14
2016Summary only. Only limited summary data is available for this year.$5.17$0.34$4.82$1.36$1.19$0.17
2015Summary only. Only limited summary data is available for this year.$4.72$0.11$0.81$1.12$0.31
2014Summary only. Only limited summary data is available for this year.$4.96$0.05$0.65$0.92$0.27
2013Detailed filing. Detailed filing data is available for this year.$5.19$0.05$5.14$0.94$0.89$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$0.02$4.97$0.91$0.77$0.15
2011Summary only. Only limited summary data is available for this year.$4.76$0.02$0.84$0.71$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $500k-$1M nonprofits