Civic Intelligence

Mit Sports Group

EIN 01-0934406 • 501(c)3 • San Marcos, CA

Profile

Provided amateur sports programs

310 S Twin Oaks Valley Rd 107-309San Marcos, CA 92078
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

53rd percentile

3.1%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

88th percentile

$23,895

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

88th percentile

60%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-18%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$12,329

Up $4,647 (+60%) from 2014

Liabilities

Down

$0

Down $2,000 (-100%) from 2014

Net Assets

Up

$12,329

Up $6,647 (+117%) from 2014

Operations
Liabilities / Revenue62nd percentileNet Margin53rd percentile

Revenue

Down

$148,001

Down $32,786 (-18%) from 2014

Expenses

Down

$143,354

Down $56,130 (-28%) from 2014

Net Income

Up

$4,647

Up $23,344 (+125%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2011: $16,850Liabilities 2011: $0Net Assets 2011: $16,8502011Assets 2012: $18,419Liabilities 2012: $02012Assets 2013: $24,379Liabilities 2013: $0Net Assets 2013: $24,3792013Assets 2014: $7,682Liabilities 2014: $2,000Net Assets 2014: $5,6822014Assets 2015: $12,329Liabilities 2015: $0Net Assets 2015: $12,3292015

Highlighted filing

2015

Assets$12,329
Liabilities$0
Net Assets$12,329
Open 2015 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $100,770Expenses 2011: $83,920Net Income 2011: $16,8502011Revenue 2012: $105,045Expenses 2012: $103,476Net Income 2012: $1,5692012Revenue 2013: $256,923Expenses 2013: $250,963Net Income 2013: $5,9602013Revenue 2014: $180,787Expenses 2014: $199,484Net Income 2014: -$18,6972014Revenue 2015: $148,001Expenses 2015: $143,354Net Income 2015: $4,6472015

Highlighted filing

2015

Revenue$148,001
Expenses$143,354
Net Income$4,647
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,329
Liabilities
$0
Net assets
$12,329
Revenue
$148,001
Expenses
$143,354
Net income
$4,647
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.48$1.43$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$1.81$1.99$0.19
2013Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$2.57$2.51$0.06
2012Summary only. Only limited summary data is available for this year.$0.18$0.00$1.05$1.03$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$1.01$0.84$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Sep 23, 2015
Return Version
2014v5.0
Gross Receipts
$148,001
Mission and Program Overview

Mission

Provided amateur sports programs

Program Services

DescriptionGrantsExpenses
2014 had our largest championship appearances29 We played in the Championship TBL Cecil Fielder World Series It is SoCals most distinguished tournament$148,001$143,354
Player Updates Our first years generation players are tearing it up My first team ever has players that are signing at top colleges across the nation--
We are making a difference our boys grow up to be solid men and positive contributors to society--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derric WallerPresidentFT$23,895-$23,895
Jeremy WallerVice PresidentPT$12,278-$12,278
Filing and Contact Details

Filer

Filer Name
MIT Sports Group
EIN
01-0934406
Address
310 S Twin Oaks Valley Rd 107-309, San Marcos, CA 92078

Signing Officer

Name
Derric Waller
Title
President
Phone
8584721075
Signed
2015-09-23
Discuss with paid preparer
Yes

Preparer

Firm
Creative Management & Tax Services
Address
817 W San Marcos Blvd, San Marcos, CA 92078
Preparer
Karen R Davenport
Phone
7607447100
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountAdvertising 25Bank Charges 395Admin Supplies 1,019Website 2,010Dues and Subscriptions 325Payroll Taxes 4,295Travel and Meetings 2,393OCC other Field Renovations Repairs 638Batting Cages 4,945Uniforms and Equipment 12,747Tournaments 35,995Taxes 1,262Interest Exp 1,026Conditioning 135Umpire Fees 50Umpire Uniforms 1,153”

Description of other assets Part II line 24

“Category Beginning of Year End of YearAdvance 2,000 2,154”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearBusiness Credit Card 2,000 0”

Raw XML Appendix133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Derric Waller
IRS990EZ/BooksInCareOfDetail/PhoneNum08584721075
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 S Twin Oaks Valley Rd 107-309
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0San Marcos
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092078
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07682
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010175
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt04647
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt026234
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09682
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012329
IRS990EZ/GrossReceiptsAmt0148001
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07682
IRS990EZ/NetAssetsOrFundBalancesEOYAmt012329
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07682
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt012329
IRS990EZ/OccupancyRentUtltsAndMaintAmt012129
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt023895
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt112278
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Derric Waller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeremy Waller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02154
IRS990EZ/OtherExpensesTotalAmt068413
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provided amateur sports programs
IRS990EZ/PrintingPublicationsPostageAmt0405
IRS990EZ/ProgramServiceRevenueAmt0148001
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt02014 had our largest championship appearances29 We played in the Championship TBL Cecil Fielder World Series It is SoCals most distinguished tournament
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Player Updates Our first years generation players are tearing it up My first team ever has players that are signing at top colleges across the nation
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2We are making a difference our boys grow up to be solid men and positive contributors to society
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0148001
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0143354
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt036173
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0143354
IRS990EZ/TotalProgramServiceExpensesAmt0143354
IRS990EZ/TotalRevenueAmt0148001
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt099892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt099892
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0180787
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0256923
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt037467
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05153
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0480330
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0580222
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0180787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0256923
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt037467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0105045
IRS990ScheduleA/Total509Grp/TotalAmt0580222
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0180787
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0256923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt037467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0105045
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0580222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising 25Bank Charges 395Admin Supplies 1,019Website 2,010Dues and Subscriptions 325Payroll Taxes 4,295Travel and Meetings 2,393OCC other Field Renovations Repairs 638Batting Cages 4,945Uniforms and Equipment 12,747Tournaments 35,995Taxes 1,262Interest Exp 1,026Conditioning 135Umpire Fees 50Umpire Uniforms 1,153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAdvance 2,000 2,154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearBusiness Credit Card 2,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Derric Waller
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08584721075
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIT Sports Group
ReturnHeader/Filer/BusinessNameControlTxt0MITS
ReturnHeader/Filer/EIN0010934406
ReturnHeader/Filer/USAddress/AddressLine1Txt0310 S Twin Oaks Valley Rd 107-309
ReturnHeader/Filer/USAddress/CityNm0San Marcos
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092078
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464515696
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Creative Management & Tax Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0817 W San Marcos Blvd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Marcos
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092078
ReturnHeader/PreparerPersonGrp/PhoneNum07607447100
ReturnHeader/PreparerPersonGrp/PreparationDt02015-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Karen R Davenport
ReturnHeader/ReturnTs02015-12-09T13:47:27-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits