Civic Intelligence

Yankee Point Charitable Foundation

EIN 99-2369329 • 501(c)3 • Lancaster, VA

NTEE T12

Profile

To raise funds for various local charitable organizations through community concerts and other family-friendly events hosted at Yankee Point Marina in Lancaster, Virginia.

1303 Oak Hill RdLancaster, VA 22503
Siviq Scores

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

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE T12 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

0.7%

Higher net margin than 39% of similar nonprofits.

NTEE T12 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$0

Higher top officer pay than 99% of similar nonprofits.

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

NTEE T12 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$256

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$256

No earlier filing loaded for comparison.

Revenue

$23,667

No earlier filing loaded for comparison.

Expenses

$23,511

No earlier filing loaded for comparison.

Net Income

$156

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$300$200$100$0Assets 2024: $256Liabilities 2024: $0Net Assets 2024: $2562024

Highlighted filing

2024

Assets$256
Liabilities$0
Net Assets$256

Operations Trend

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

$30K$20K$10K$0Revenue 2024: $23,667Expenses 2024: $23,511Net Income 2024: $1562024

Highlighted filing

2024

Revenue$23,667
Expenses$23,511
Net Income$156

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$23.7$23.5$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.0
Gross Receipts
$32,674
Mission and Program Overview

Mission

To raise funds for various local charitable organizations through community concerts and other family-friendly events hosted at Yankee Point Marina in Lancaster, Virginia.

Program Services

DescriptionGrantsExpenses
Through our Charity Concert Series we raised a total of $32,671 for 10 local causes, after direct expenses of $9,007 we were able to pay out $23,466 to these causes (See Schedule O for specifics for each event). Those of us involved volunteer our time and resources and we are able to operate with no overhead and no paid staff.$32,671$9,007
Please see 1 above.$0$0
Please see 1 above.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kara PattersonVice President-$0--
Christopher PattersonPresidentPT$0--
Shawn GregoryTreasurer-$0--
James NovakEvent CoordinatorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Workboat Fundraiser$5,732$5,732$3,232$2,500
Veterans Fishing Adventure Fundraiser$5,687$5,687$0$5,687
Total Events$32,671$32,671$9,007$23,664
Filing and Contact Details

Filer

Filer Name
Yankee Point Charitable Foundation
EIN
99-2369329
Phone
8044627635
Address
1303 Oak Hill Rd, Lancaster, VA 22503

Signing Officer

Name
Kara Patterson
Title
Vice President
Phone
8044627635
Signed
2025-04-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

We host events throughout the summer to raise funds for local causes. 26 May 2024 - $5,687 raised for Veterans Fishing Adventure, direct expenses of $450, we then donated $5,210 to them. 1 June 2024 - $2,698 raised for the Boys & Girls Club of the Northern Neck, direct expenses of $130, we then donated $2,568 to them. 8 June 2024 - $3,068 raised for the Upper Lancaster Volunteer Fire Department, direct expenses of $441, we then donated $2,600 to them. 15 June 2024 - we raised $5,732 for the Chesapeake Bay Workboat Association, direct expenses were the same amount and we were unable to pay anything to that cause. 22 June 2024 - we raised $2,036 for the Northern Neck Free Health Clinic, direct expenses of $21, we then donated $2,014 to them. 29 June 2024 - we raised $3,345 for Jacob's Ladder, direct expenses were $1,017 and we donated $2,267 to them. 6 July 2024 - we raised $2,555 for the Lancaster County Sheriff's Department, direct expenses were $464, we then donated $2,063 to them. 13 July 2024 - we raised $3,539 for the Lancaster County VA Education Fund, direct expenses were $105, we then donated $3,428 to them. 20 July 2024 - we raised $1,594 for the Upper Lancaster Volunteer Rescue Squad, direct expenses were $564 and we donated $996 to them. 27 July 2024 - we raised $2,417 for Lancaster & Northumberland Habitat for Humanity, direct expenses were $91 and we donated $2,321 to them.

Form 990-EZ, Part I, Line 16

Bank fees - $45

Form 990-EZ, Part I, Line 20

The officers contributed $100 on 11 April 2024 to open the charity's bank account.

Raw XML Appendix277 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Please see 1 above.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We host events throughout the summer to raise funds for local causes. 26 May 2024 - $5,687 raised for Veterans Fishing Adventure, direct expenses of $450, we then donated $5,210 to them. 1 June 2024 - $2,698 raised for the Boys & Girls Club of the Northern Neck, direct expenses of $130, we then donated $2,568 to them. 8 June 2024 - $3,068 raised for the Upper Lancaster Volunteer Fire Department, direct expenses of $441, we then donated $2,600 to them. 15 June 2024 - we raised $5,732 for the Chesapeake Bay Workboat Association, direct expenses were the same amount and we were unable to pay anything to that cause. 22 June 2024 - we raised $2,036 for the Northern Neck Free Health Clinic, direct expenses of $21, we then donated $2,014 to them. 29 June 2024 - we raised $3,345 for Jacob's Ladder, direct expenses were $1,017 and we donated $2,267 to them. 6 July 2024 - we raised $2,555 for the Lancaster County Sheriff's Department, direct expenses were $464, we then donated $2,063 to them. 13 July 2024 - we raised $3,539 for the Lancaster County VA Education Fund, direct expenses were $105, we then donated $3,428 to them. 20 July 2024 - we raised $1,594 for the Upper Lancaster Volunteer Rescue Squad, direct expenses were $564 and we donated $996 to them. 27 July 2024 - we raised $2,417 for Lancaster & Northumberland Habitat for Humanity, direct expenses were $91 and we donated $2,321 to them.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank fees - $45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The officers contributed $100 on 11 April 2024 to open the charity's bank account.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kara Patterson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum08044627635
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YANKEE POINT CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0YANK
ReturnHeader/Filer/EIN0992369329
ReturnHeader/Filer/PhoneNum08044627635
ReturnHeader/Filer/USAddress/AddressLine1Txt01303 Oak Hill Rd
ReturnHeader/Filer/USAddress/CityNm0Lancaster
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022503
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-04-14T21:29:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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