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Sheepshead Bay Yacht Club Inc

  • Brooklyn, NY
  • Tax-exempt since Sept. 1944
  • EIN: 11-1321423

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$237k (2023)

Expenses
$267k (2023)

Total Assets
$215k (2023)

Total Liabilities
$58.8k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,006
Expenses
$267,391
Net Income
-$30,385
Net Assets
$155,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $237,004
100.0%
Program Services $0
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $43,000
16.1%
Assets/Debt
Total Assets $214,689
Total Liabilities $58,788
Net Assets $155,901
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
George Johnson Jr (Commodore) $0 $0 $0
Glenn Johnson (Vice Commodore) $0 $0 $0
Mark Campbell (Rear Commodore) $0 $0 $0
Thomas A Mugno (Fleet Captain) $0 $0 $0
Michael Greber (Treasurer) $0 $0 $0
Brian Pruitt (Asst Treasurer) $0 $0 $0
Pat Walters (Secretary) $0 $0 $0
Tim Mcdonough (Asst Secretary) $0 $0 $0
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Document Links

990
Filed on Aug. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,433
Expenses
$248,477
Net Income
$33,956
Net Assets
$311,652
Notable Sources of Revenue Percent of Total Revenue
Contributions $80
0.0%
Program Services $232,273
82.2%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $11,589
4.1%
Other Revenue $38,487
13.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,245
19.0%
Assets/Debt
Total Assets $318,554
Total Liabilities $6,902
Net Assets $311,652
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
George Johnson Jr (Commodore) $0 $0 $0
Glenn Johnson (Vice Commodore) $0 $0 $0
Mark Campbell (Rear Commodore) $0 $0 $0
Thomas A Mugno (Fleet Captain) $0 $0 $0
Michael Greber (Treasurer) $0 $0 $0
Brian Pruitt (Asst Treasurer) $0 $0 $0
Pat Walters (Secretary) $0 $0 $0
Tim Mcdonough (Asst Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$201,100
Expenses
$224,074
Net Income
-$22,974
Net Assets
$277,696
Notable Sources of Revenue Percent of Total Revenue
Contributions $124
0.1%
Program Services $156,584
77.9%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $4,870
2.4%
Other Revenue $39,509
19.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,967
20.5%
Assets/Debt
Total Assets $284,073
Total Liabilities $6,377
Net Assets $277,696
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
George Johnson Jr (Commodore) $0 $0 $0
Glenn Johnson (Vice Commodore) $0 $0 $0
Mark Campbell (Rear Commodore) $0 $0 $0
Thomas A Mugno (Fleet Captain) $0 $0 $0
Brian Pruitt (Treasurer) $0 $0 $0
Brendan Spain (Asst Treasurer) $0 $0 $0
Pat Walters (Secretary) $0 $0 $0
Matt Kielty (Asst Secretary) $0 $0 $0
+ View more people

Document Links

990
Filed on July 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$300,613
Expenses
$247,335
Net Income
$53,278
Net Assets
$300,671
Notable Sources of Revenue Percent of Total Revenue
Contributions $619
0.2%
Program Services $226,358
75.3%
Investment Income $24
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $2,313
0.8%
Other Revenue $71,299
23.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,866
20.6%
Assets/Debt
Total Assets $311,714
Total Liabilities $11,043
Net Assets $300,671
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$256,189
Expenses
$229,078
Net Income
$27,111
Net Assets
$247,393
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,317
2.9%
Program Services $171,250
66.8%
Investment Income $18
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $9,047
3.5%
Other Revenue $68,557
26.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $43,822
19.1%
Assets/Debt
Total Assets $272,311
Total Liabilities $24,918
Net Assets $247,393
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$304,835
Expenses
$260,430
Net Income
$44,405
Net Assets
$220,282
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,125
0.4%
Program Services $200,610
65.8%
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$7,902
Other Revenue $110,998
36.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,368
14.0%
Assets/Debt
Total Assets $252,729
Total Liabilities $32,447
Net Assets $220,282
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$253,401
Expenses
$237,192
Net Income
$16,209
Net Assets
$175,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $199,535
78.7%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$4,174
Other Revenue $58,038
22.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $39,836
16.8%
Assets/Debt
Total Assets $220,109
Total Liabilities $44,232
Net Assets $175,877
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$210,062
Expenses
$247,678
Net Income
-$37,616
Net Assets
$159,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $433
0.2%
Program Services $194,463
92.6%
Investment Income $10
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$23,704
Other Revenue $38,860
18.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $54,509
22.0%
Assets/Debt
Total Assets $216,262
Total Liabilities $56,594
Net Assets $159,668
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$252,417
Expenses
$257,490
Net Income
-$5,073
Net Assets
$197,284
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,141
0.5%
Program Services $196,831
78.0%
Investment Income $44
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$11,099
Other Revenue $65,500
25.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,590
20.0%
Assets/Debt
Total Assets $263,748
Total Liabilities $66,464
Net Assets $197,284
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$245,905
Expenses
$268,213
Net Income
-$22,308
Net Assets
$202,357
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,426
4.2%
Program Services $191,480
77.9%
Investment Income $143
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $22,475
9.1%
Other Revenue $21,381
8.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $55,950
20.9%
Assets/Debt
Total Assets $275,160
Total Liabilities $72,803
Net Assets $202,357
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,104
Expenses
$238,895
Net Income
$15,209
Net Assets
$224,665
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,718
0.7%
Program Services $218,687
86.1%
Investment Income $174
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $20,538
8.1%
Other Revenue $12,987
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $57,540
24.1%
Assets/Debt
Total Assets $304,084
Total Liabilities $79,419
Net Assets $224,665
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$229,741
Expenses
$233,214
Net Income
-$3,473
Net Assets
$209,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,035
0.5%
Program Services $218,451
95.1%
Investment Income $268
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$8,304
Other Revenue $18,291
8.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,786
22.2%
Assets/Debt
Total Assets $295,183
Total Liabilities $85,727
Net Assets $209,456
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated