BARRINGTON YACHT CLUB INC

EIN: 05-0104315 · BARRINGTON, RI · Data spans: TY2020–TY2024

Most recent filing: Tax Year 2024.

A more recent filing may not yet be published.

Sailing's public record, made legible. All numbers come directly from this organization's own sworn 990 filing. Patterns are computed from years of filings — not assessments or judgments.

Read trends in context: compare like with like, note the filing year, and treat major disruptions (like 2020–2021) as discontinuities rather than a continuous baseline.

Missing or N/A does not always mean absent. It can mean the item was not disclosed on that form, not collected on that filing type, or not available for that year.

Accrual basisNo audit disclosedPart XII · TY2024
Total Revenueℹ️Form 990, Part VIII — Statement of Revenue. Includes contributions, grants, member dues, program service revenue, and investment income. Does NOT include borrowed funds or asset sales proceeds.

$1,513,520

Total Expensesℹ️Form 990, Part IX (full 990) or Part I Line 17 (990-EZ) — Total functional expenses. Includes program service expenses, management and general, and fundraising. The gap between revenue and expenses is the operating surplus or deficit for the year.

$1,477,758

Total Assetsℹ️Form 990, Part X — Balance Sheet, end of year. Includes cash, receivables, investments, land, buildings, and equipment.

$2,137,928

Net Assetsℹ️Form 990, Part X — Total assets minus total liabilities. Positive = financially solvent. Negative = liabilities exceed assets. Also called 'fund balance.'

$1,630,448

80 W-2 employees reported (Form W-3, most recent filing — contractors and volunteers excluded) · TY2024 · 990

Total compensation, benefits & payroll taxes (Part IX)

TY2024

$652,701

Full cost to employ everyone — wages + employer benefits + payroll taxes. Not officer pay alone.

~$8,000 per employee average across 80 W-2 employees; includes benefits & payroll taxes; part-time and seasonal staff counted at full weight.

Named officers/key employees (Part VII‑A) show reportable compensation only and are already included in the Part IX total above. They are not additive.

Professional & consulting fees (Part IX, line 11)

TY2024

$20,208

Payments to outside firms and independent contractors — not included in the Part IX labor total above. Combined with the labor total, full people cost is $672,909.

Accounting$7,008
Other$13,200

Functional Expense Allocation (Part IX)

TY2024

$1,477,758total functional expenses

0.0%

Program services

$0

0.0%

Management & general

$0

0.0%

Fundraising

$0

Source: Form 990, Part IX, line 25. A higher program-service percentage generally indicates more mission-directed spending.

Historical Trends

Revenue vs. Expenses

Net Revenue / Operating Margin

Net Assets

Revenue Trend

Tax YearPeriodFormRevenueExpensesNet RevenueNet Assets
TY20202020–2021990$1,316,863$1,299,142$17,721$1,462,472
TY20212020–2021990$1,409,118$1,360,788$48,330$1,510,802
TY20222022+990$1,509,242$1,511,383-$2,141$1,508,661
TY20232022+990$1,513,458$1,427,433$86,025$1,594,686
TY20242022+990$1,513,520$1,477,758$35,762$1,630,448

Revenue trend is a filing-history view. It helps you compare operating periods, not infer the club's live condition today.

Revenue Breakdown (Part VIII — most recent year)

Form 990, Part VIII — Statement of Revenue. Includes, but is not limited to: Line 1 = contributions and grants (including member dues reported as contributions). Lines 2a–2f = program service revenue (activities that directly further the organization's exempt purpose). Line 3 = investment income. The specific mix varies by organization type. Source: the organization's own sworn filing.

LineDescriptionAmount
11aMISC$495
12Total revenue$1,513,520
2aDUES$750,219
2bMARINA & LAUNCH SERVIC$354,813
2cCOMMITTEE FEES$263,536
2dPOOL FEES$57,987
2fTotal program service revenue$1,426,555
3Investment income$26,269
6cNet rental income or (loss)$12,296

Most revenue is reported in a single category this year. That can be normal for some org types; see the source filing for detail.

Balance Sheet (Part X)

TY2024
LineDescriptionBOYEOY
16Total assets$2,314,482$2,137,928
26Total liabilities$719,796$507,480
33Total net assets or fund balances$1,594,686$1,630,448

Source: Form 990, Part X, Balance Sheet.

Officers & Key Staff (Part VII)

How to read this section

This is not a full staff directory. It is the subset of people the organization had to disclose in Form 990, Part VII (the officer, director, trustee, key employee, and highest-compensated employee section of the filing). Why this matters: a missing name does not mean a person was not employed or involved.

Total Volunteer Board Hours/Week (Selected Year): 100

Hours per week are self-reported by each officer on Form 990, Part VII. They are not verified.

Officers and directors as reported on Form 990, Part VII. These are typically unpaid, elected positions. If an officer receives compensation, it will appear in the Paid Staff tab.

Operationally, this section is most useful for understanding disclosed leadership structure, compensation visibility, and board labor — not for reconstructing the full staffing model of a club.

NameTitleHours/WeekStatus
ANDREW PORTERREAR COMMODORE5Volunteer
RACHELLE CAMBRIAFINANCE COMMITTEE5Volunteer
DERYL PACEMEMBERSHIPS COMMITTEE5Volunteer
KRISTEN KREUZKAMPRACE COMMITTEE5Volunteer
PETER HESSSAIL TRAINING COMMITTEE5Volunteer
SARA CATANZAROJUNIOR ACTIVITIES COMMITTE5Volunteer
REBECCA CHWALKCOMMODORE10Volunteer
MIKE REUTERVICE COMMODORE10Volunteer
MICHAEL MORIARITYSECRETARY10Volunteer
OLIVER TUTTNOMINATING COMMITTEE10Volunteer
NATALIE LEONARDHOUSE COMMITTEE5Volunteer
ERIN ROSEPUBLICATIONS COMMITTEE5Volunteer
CHIP WILKERSONSOCIAL COMMITTEE5Volunteer
JARED KELLYTREASURER10Volunteer
THOMAS FULTONCRUISE COMMITTEE5Volunteer

Governance & Transparency Signals

The IRS Form 990 is a sworn disclosure document — not just a tax return. Beyond financials, it captures governance policies, compensation practices, and relationships between insiders and the organization. Every category below comes directly from that filing. When a field is blank, it is often because this form type doesn’t require it, or the org doesn’t meet the threshold that triggers disclosure. That context is itself worth knowing.

Conflict of Interest Policy

Form 990, Part VI — Line 12a

Governance data not available for this organization’s most recent filing year. This can occur for newly filed returns not yet in the corpus, or for organizations whose XML filing did not include Part VI.

Whistleblower Protection Policy

Form 990, Part VI — Line 13

Governance data not available for this organization’s most recent filing year.

Officer & Key Employee Compensation (Part VII)

Form 990, Part VII — Named individuals with reportable compensation

No individual compensation reported for this organization in the most recent filing.

This is the norm for volunteer-run sailing clubs. Part VII still exists in the filing — it simply shows $0 compensation for all listed officers and directors, meaning this club is led entirely by unpaid volunteers. When you see compensation appear here in other organizations, it marks a meaningful transition: the club has grown to the point where professional management was hired. The largest clubs in this corpus — those above $3M in revenue — are the most likely to have paid executive staff.

Independent Compensation Consultant

Schedule J, Part I — Organizations filing when comp exceeds $150K

Schedule J not required for this organization.

Schedule J is only filed when at least one individual in Part VII received more than $150,000 in total compensation. This organization doesn’t meet that threshold, so this schedule is not required. Among the 35.7% of organizations in this corpus that do file Schedule J, 35.7% used an independent compensation consultant. When Schedule J IS required, this question asks whether the board hired an outside firm — unconnected to the organization — to benchmark executive pay against market rates. It reduces the risk that a board approves whatever the ED requests rather than what comparable organizations actually pay.

Equity-Based Compensation

Schedule J, Part II — Per-person compensation detail

Schedule J not required for this organization.

Related-Party Transactions (Schedule L)

Schedule L — Transactions with Interested Persons (officers, directors, their families, controlled entities)

Schedule L requires disclosure of loans, grants, and business transactions between the organization and its own insiders — board members, officers, key employees, and their family members or entities they control. Nonprofits are not prohibited from transacting with insiders, but they must disclose it, follow fair-market-value standards, and document that the transaction benefited the organization, not just the insider. These disclosures exist because self-dealing is the most direct way nonprofit assets can flow to those in control.

No related-party transactions found in our data for this organization. Schedule L is only required when transactions occur — absence means none were reported, not necessarily that none occurred.

Schedule O — Supplemental Information (most recent year)

Organizations use Schedule O to provide additional explanation for answers given on the main 990 form. These are direct excerpts from the filed document.

FORM 990, PART VI, SECTION B, LINE 11B

THE RETURN IS REVIEWED BY THE TREASURER AND WILL BE REPORTED UPON TO THE ENTIRE BOARD AT THE MAY MEETING.

FORM 990, PART VI, SECTION B, LINE 15

MANAGEMENT,ONLY RECEIVES SALARIED COMPENSATION. EACH MEMBER OF THE MANAGEMENT TEAM RECEIVES AN ANNUAL REVIEW IN JANUARY WHICH IS COMPRISED OF THE FLAG OFFICERS, TREASURER AND HOUSE CHAIR, A WRITTEN EVALUATION IS DISCUSSED, GOALS FOR THE PREVIOUS YEAR ARE REVIEWED AND GOALS FOR THE UPCOMING YEAR ARE SET. ANNUAL COMPENSATION AND PERFORMANCE BONUS IS SET AT THIS TIME AS WELL.

FORM 990, PART VI, SECTION C, LINE 19

THE MINUTES OF ALL BOARD OF GOVERNOR'S MEETINGS ARE KEPT IN A BOOK ACCESSIBLE TO ALL MEMBERS OF THE CLUB. FINANCIAL DATA FOR EACH MONTH IS AVAILABLE TO ALL MEMBERS. TWICE A YEAR THERE IS A MEETING HELD WITH GENERAL MEMBERSHIP TO REVIEW THE PREVIOUS YEAR'S FINANCIAL STATEMENTS (SPRING MEETING) AND NINE MONTH CURRENT YEAR RESULTS (FALL MEETING).

FORM 990, PART IX, LINE 24E

SOCIAL EVENTS 37,342. GENERAL OPERATING EXPENSE 29,953. BOAT R/M 24,426. ELECTRICAL/PLUMBING 22,454. UTILITIES 18,643. BUZ SOFTWARE EXPENSE 16,563. JUNIOR ACTIVITIES 15,500. SAILOR TRAINGING PRG 15,048. STORAGE FEE 12,652. WASTE REMOVAL 12,625. RACE COMMITTEE 9,676. BANK/FINANCE CHARGES 9,207. SECURITY 8,326. LAUNCH EXPENSE 8,323. MOORING FEE EXPENSE 8,036. FUEL MAINTENANCE 7,037. TRUCK EXPENSE 6,481. TROPHY EXPENSE 5,064. CABLE TV 4,792. POSTAGE & SHIPPING 4,417. LOG EXPENSE 4,109. UNIFORM EXPE…

Mission

TO FOSTER THE SPORT OF YACHTING, AND TO PROVIDE SUITABLE FACILITIES AND ACTIVITIES TO ITS MEMBERSHIP

As stated in the organization's 990 filing.

IRS Source Filings

Source filings are IRS e-file records in XML (Extensible Markup Language) format — a structured data standard used by the IRS for electronic filing. If you open one of these links, it will look like code. That's not an error — that's what XML looks like. Harbor Commons processes this raw XML and presents the structured, readable view you see above.

Why this matters: the XML is the receipt. Harbor Commons is the reading layer on top of that receipt. If you ever need to verify a number, wording choice, or disclosure, the source filing is where to check.

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📡 Filing Signals (1 total)

Trends and shifts computed from this organization's own public filings across all available years. Signals highlight where numbers changed — not whether those changes are good or bad. Only people with inside knowledge of this organization can interpret what these signals mean.

Signals describe filing history, not the club's live operating state. The newest filing may still lag current reality by many months.

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