BODKIN YACHT CLUB INC

EIN: 52-6017100 · Pasadena, MD · Data spans: TY2020–TY2025

Most recent filing: Tax Year 2025.

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.

Cash basisNo audit disclosedPart XII · TY2025
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.

$284,995

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.

$229,494

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

$1,449,455

Net Assetsℹ️Form 990, Part X — Total assets minus total liabilities. When positive, assets exceed liabilities; when negative, liabilities exceed assets. Also called 'fund balance.'

$802,578

0 W-2 employees reported (Form W-3, most recent filing — contractors and volunteers excluded) · TY2025 · 990

Total compensation, benefits & payroll taxes (Part IX)

TY2025

$0

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

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)

TY2025

$4,096

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 $4,096.

Functional Expense Allocation (Part IX)

TY2025

$229,494total functional expenses

100.0%

Program services

$229,494

0.0%

Management & general

$0

0.0%

Fundraising

$0

Source: Form 990, Part IX, line 25. Shows how this organization allocated total expenses across program services, management and general, and fundraising for this filing year.

Historical Trends

Revenue vs. Expenses

Net Revenue / Operating Margin

Net Assets

Revenue Trend

Tax YearPeriodFormRevenueExpensesNet RevenueNet Assets
TY20202020–2021990N/AN/AN/A
TY20202020–2021990$278,063$179,574$98,489$554,832
TY20212020–2021990N/AN/AN/A
TY20212020–2021990$274,430$119,451$154,979$709,811
TY20222022+990N/AN/AN/A
TY20222022+990$264,135$166,058$98,077$807,888
TY20232022+990N/AN/AN/A
TY20232022+990$245,520$215,041$30,479$838,367
TY20242022+990N/AN/AN/A
TY20242022+990$270,804$362,094-$91,290$747,077
TY20252022+990$284,995$229,494$55,501$802,578

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
12Total revenue$284,995
1bMembership dues$130,103
1fAll other contributions, gifts, grants$129,903
1hTotal contributions and grants$260,006
3Investment income$6,731

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)

TY2025
LineDescriptionBOYEOY
16Total assets$1,296,389$1,449,455
26Total liabilities$549,312$646,877
33Total net assets or fund balances$747,077$802,578

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): 80

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
MICHAEL PRITCHETTCOMMODORE15Volunteer
WILLIAM CRAWFORDVICE COMMODOREVP25Volunteer
DENNIS DEENERREAR COMMODOREVP10Volunteer
ROBERT RHUEFLEET CAPTAINVP10Volunteer
BARBARA GUNTHERSECRETARY10Volunteer
JENNIFER CISNEROSTREASURER10Volunteer
WILL MCCRACKENDIRECTOR0Volunteer
WADE CHRISTOPHERDIRECTOR0Volunteer
TAMMY GOLDENDIRECTOR0Volunteer
STEVE DANKODIRECTOR0Volunteer
LEE COLLIERDIRECTOR0Volunteer
JENNIFER VANREENANDIRECTOR0Volunteer
JOSH WEBSTERDIRECTOR0Volunteer
ERIC HUGHESDIRECTOR0Volunteer
REBECCA ANDREWDIRECTOR0Volunteer
EARL LAMBERTDIRECTOR0Volunteer
ELIZABETH IMHOFFDIRECTOR0Volunteer

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

Yes

This organization has a written conflict of interest policy requiring officers, directors, and key employees to disclose any personal financial interest in a pending decision — and to step back from that vote. Examples in the sailing world: a board member whose construction company is bidding on a dock renovation, or a director who refers their spouse’s firm for the annual audit. Having a policy doesn’t eliminate conflicts; it creates a documented process for surfacing and managing them. Only 41% of organizations in this corpus report having one.

Whistleblower Protection Policy

Form 990, Part VI — Line 13

No

No whistleblower protection policy reported. Without a documented process, a staff member or volunteer who notices irregular transactions has no protected channel to report it — and no written assurance they won’t face consequences for raising the issue. The IRS added this question in 2008 following Sarbanes-Oxley. Absence does not imply wrongdoing; many small clubs haven’t formalized this in writing even when informal norms are healthy.

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

No independent compensation consultant reported for the most recent year with Schedule J data (2025). Executive pay was set through internal board processes — a compensation committee, comparison to prior years, or board vote — without outside benchmarking. This approach is common among nonprofit organizations. An independent consultant provides external market data and a documented rationale; its presence or absence is one piece of context among several when reading compensation disclosures.

Equity-Based Compensation

Schedule J, Part II — Per-person compensation detail

None reported

No equity-based compensation reported. This is typical for nonprofits, which have no shareholders and cannot issue ownership stakes. In the for-profit world, equity-based instruments align executive incentives with shareholder value; the nonprofit analog uses different mechanisms such as retention bonuses or deferred compensation. None of the organizations in the sailing and yacht club corpus report equity-based compensation.

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.

Voting Board Members

250

Independent Members

250

Total Employees

0

Total Volunteers

10

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 governing body review Part VI line 11

FULL TAX RETURN WAS GIVEN TO GOVERNING BODY TO REVIEW BEFORE SIGNING

CEO executive director top management comp Part VI line 15a

THERE IS NO COMP PAID TO ANY DIRECTORS

Governing documents etc available to public Part VI line 19

ALL GOVERNING DOCUMENTS ARE AVAILABILITY TO GENERAL PUBLIC AT REQUEST AT THE BAR

List of other expenses Part IX line 24e

OTHER EXPENSES CHARITABLE CONTRIBUTIONS 463 KEY CARD EXPENSE 350 QUICKBOOKS PAYMENT FEES 1168 MAINTANCE 18716 TAX AND LICENSES 16228 OFFICER BALL EXPENSE 2841 SUNSHINE EXP 861 TOTAL OTHER EXPENSES 40627

Mission

TO PROVIDE SUPPORT AND SERVICES TO ITS MEMBERS

As stated in the organization's 990 filing.

IRS Source Filings

TY2025 (990)TY2024 (990)TY2024 (990)TY2023 (990)TY2023 (990)TY2022 (990)TY2022 (990)TY2021 (990)TY2021 (990)TY2020 (990)TY2020 (990)

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 (15 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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