Stock Island Yacht Club Inc in Key West, Florida (FL)

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Stock Island Yacht Club Inc
Employer Identification Number (EIN)200341453
Name of OrganizationStock Island Yacht Club Inc
In Care of NameWalter Crumbley Jr
Address6810 Front St, Key West, FL 33040-6054
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/2007
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1 to $9,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$2,651
Amount of Income$11,914
Form 990 Revenue Amount$11,914
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation


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Amount of income in 2011: $11,914 (it was $5 in 2010)
This organization: 

 $11,914
Other organizations performing similar types of work: 

 $81,788

Assets in 2011: $2,651 (it was $1,162 in 2010)
This organization: 

 $2,651
Other organizations performing similar types of work: 

 $33,448

Expenses in 2011: $10,425
This organization: 

 $10,425
Other organizations performing similar types of work: 

 $75,206

Income to expenses ratio in 2011: 1.1
Stock Island Yacht Club Inc: 

 1.1
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2011: 100.0%
Stock Island Yacht Club Inc: 

 100.0%
Other organizations performing similar types of work: 

 78.3%

Financial snapshot ($)

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$11,914
Contributions, Gifts, Grants and Other Similar Amounts$11,914
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$10,425
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$1,743
Payroll taxes$0
Professional fundraising services$0
Other$8,682
Balance Sheet (for 2011)
Total assets$2,651
Total liabilities$0
Total net assets or fund balances$2,651
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1University Swim ClubPo Box 10442, Knoxville, TN 37939-0442TN2007-02$43,203
2Sarasota Crew Inc343 Palmetto Ave, Osprey, FL 34229-9381FL2002-08$1,072,630
3Water Sports Foundation Inc4860 Waterwitch Point Dr, Orlando, FL 32806FL2005-01$739,896
4South Tampa Aquatic Team Inc2311 S Lois Ave, Tampa, FL 33629-5605FL2009-11$344,653
521st Century Swimming Lessons Inc2404 Hibiscus St, Sarasota, FL 34239FL2015-01$288,462
6Tampa Blue Tide Swimming Inc, Tbay Brandon3803 Saddle Ridge St, Valrico, FL 33596FL2010-10$275,620
7Southwest Florida Swim Club Inc20421 Rookery Dr, Estero, FL 33928-3040FL1995-09$261,647
8Pompano Piranhas Inc201 Se 24th Ave, Pompano Beach, FL 33062-5307FL2011-02$232,066
9Tampa Bay Aquatics Central Booster Club Inc, Tbay Booster Club3109 W Wallcraft Ave, Tampa, FL 33611-1942FL2008-04$225,654
10Msc Booster Organization Inc825 Se 3rd Ave Ste 200, Ocala, FL 34471-3777FL2013-12$180,435
11Seastars Aquatics Inc5425 Hibiscus Rd, Pensacola, FL 32504-4731FL2004-07$150,233
12Tampa Bay Dragon Boat Institute IncPO BOX 75549, Tampa, FL 33675-0549FL2006-01$150,158
13Tarpon Aquatic Club Inc33 Manizaks Ave, Punta Gorda, FL 33983-4224FL2004-10$133,944
14Braves Rowing IncPO BOX 560925, Orlando, FL 32856-0925FL2011-09$127,210
15Winter Haven Stingrays IncPO BOX 9002, Winter Haven, FL 33883-9002FL2000-05$126,973
16H2o-Kids Zone Swim School1909 Sw Winners Dr, Palm City, FL 34990-2229FL2013-07$125,186
17Santa Rosa Island Triathlon Inc2020 Utica Pl, Pensacola, FL 32503-3234FL2002-04$112,110
18Treasure Coast Aquatics & Diving Inc1909 Sw Winners Dr, Palm City, FL 34990-2229FL2003-08$83,516
19Sailing Foundation Of The Palm Beaches Inc, Riviera Beach Youthbuild251 West 11th St, Riviera Beach, FL 33404FL1997-02$82,126
20The Treasure Coast Youth Sailing Foundation IncPO BOX 1783, Fort Pierce, FL 34954-1783FL2006-05$81,340
Number of organizations performing similar types of work
Alaska27
Alabama20
Arkansas10
Arizona45
California413
Colorado64
Connecticut38
District of Columbia6
Delaware9
Florida173
Georgia37
Hawaii57
Iowa23
Idaho15
Illinois66
Indiana74
Kansas16
Kentucky34
Louisiana13
Massachusetts62
Maryland71
Maine14
Michigan92
Minnesota45
Missouri36
Mississippi8
Montana11
North Carolina65
North Dakota3
Nebraska11
New Hampshire23
New Jersey52
New Mexico18
Nevada17
New York143
Ohio77
Oklahoma9
Oregon52
Pennsylvania94
Rhode Island8
South Carolina17
South Dakota13
Tennessee36
Texas216
Utah22
Virginia101
Vermont8
Washington79
Wisconsin78
West Virginia8
Wyoming12
International10
Total2,651

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