SQUANTUM YACHT CLUB
EIN 04-1860160 · Education (B)
What they do
SQUANTUM YACHT CLUB PROVIDES ITS MEMBERS WITH BOATING and YACHT SUPPORT SERVICES. IT ALSO PROMOTES BOAT SAFETY and SPONSORS BOTH ADULT and YOUTH BOATING ACTIVITIES. SQUANTUM YACHT CLUB HAS PROMOTED BOATING IN QUINCY BAY and SURROUNDING WATERS SINCE THE LATE 1800S. THE CLUB HAS 75 REGULAR MEMBERS, 30 LIFE MEMBERS and 57 SOCIAL MEMBERS. IT RUNS A JUNIOR SAILING PROGRAM for BOTH MEMBER and NON-MEMBER CHILDREN IN THE COMMUNITY (AGES 8-17). THE SQUANTUM YACHT CLUB HAS BEEN HOSTING THE LIPTON CUP REGATTA IN THE MONTH of JULY for OVER 30 YEARS. IT DRAWS BOTH JUNIOR and ADULT SAILORS FROM ALL OVER NEW ENGLAND. SQUANTUM YACHT CLUB ALSO PROVIDES FREE USAGE of ITS HALL to THE QUINCY HIGH SCHOOL SPORTS TEAMS and OTHER CIVIC ORGANIZATIONS.
Should I give to this charity?
Of every $100 spent, about $92.40 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2024The charity has a recent tax report to read.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders9 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Worth asking: Expenses exceeded revenue by $44,523 this year. Ask whether that was planned or caused by a one-time event.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Has the pattern changed?
Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
No compensation was reported for these leaders. The complete board and leadership roster is shown below.
Board and leadership roster (9)
ARTHUR FORMANEKDIRECTOR
CHARLES KOURAFASPRESIDENT
ELIZABETH NUZZOFIN SECT
JOHN CIANCISECRETARY
MARK JAEHNIGDIRECTOR
MARY MICHAELDIRECTOR
ROBERT DESMONDREAR COMMODORE
SAL DARJITREASURER
SEAN COUTUREVICE COMMONDORE
About this charity
- Recognized since
- January 1992
- Location
- 646 QUINCY SHORE DR, QUINCY, MA 02170-2220
- County
- Norfolk
- In care of
- CHARLES KOURAFAS
- Primary officer
- CHARLES KOURAFAS, PRESIDENT
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- January 1, 2024
- Return type
- 990
- Tax preparer
- MICHAEL J RAYMOND CPA
- NTEE classification
- Education (B)
- IRS tax category
- Education