Sarasota Outboard Club Inc
Nonprofit profile at a glance
- EIN
- 592175486
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Sarasota, FL, USA
- Phone
- 9413883500
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $88,518
- Expenses
- $86,834
- Assets
- $86,184
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- JEFFRI DURRANCE (COMMODORE)
- NIKKI SEILER (VICE COMMODORE)
- SANDRA DELMORO (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Social club for boating
What it reported doing in 2024
To serve the interest of boat owners, to defend such owners against discriminatory legislation and burdensome taxation, to prevent the pollution of neighboring waters, to stimulate a greater interest in safe boating among all the citizens in the area served by the club, to develop a fraternal spirit among local outdoor enthusiasts and to provide a medium for exchange of boating information; to own or lease property for the club uses, to develop more adequate boat storage and dock facilities, and to do all other things which directly or indirectly tend to serve owners of boating equipment, to promote boating safety and to further interest in safe boating in general.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 82
- Sustainability: 51
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.2%; rating input score 1
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1.9%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 46; 46th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.7% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: -8% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 1.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 49/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 46/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.