Loon Freestyle Inc.

990EZ • Fiscal year 2020 • EIN 02-0459622

Jun 01, 2019 to May 31, 2020 • Filed on Jun 01, 2020

Organization Profile www.loonfreestyle.com

96 Fairoaks LnCohasset, MA 02025

(781) 883-9891

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

8.0%

Higher net margin than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

5.1%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-11%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets55th percentile

Assets

$139,165

Up $6,704 (+5.1%) from 2019

Net Assets

$139,165

Up $6,704 (+5.1%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin54th percentile

Revenue

Down

$84,320

Down $10,752 (-11%) from 2019

Expenses

$77,616

Up $6,784 (+9.6%) from 2019

Net Income

Down

$6,704

Down $17,536 (-72%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$139,165

Liabilities$0

Net Assets$139,165

Open 2020 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$84,320

Expenses$77,616

Net Income$6,704

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jun 1, 2019 to May 31, 2020
Signed: Jun 1, 2020
Return Version: 2019v5.0
Gross Receipts: $84,320

Mission and Program Overview

Mission

Competition level freestyle skiing training and education for children.

Program Services

Description	Grants	Expenses
An organizational framework is provided to groups of children, affording them with high level training in the sport of freestyle skiing.	$0	$0

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
John Mullaly	President	-	$0	-	-
Henry Day	Treasurer	-	$0	-	-
Gina Dortona	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Loon Freestyle Inc
EIN: 02-0459622
Phone: 7818839891
Address: 96 Fairoaks Ln, Cohasset, MA 02025

Signing Officer

Name: Henry Day
Title: Treasurer
Phone: 7818839891
Signed: 2020-06-01

Raw XML Appendix196 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Cohasset
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IRS990EZ/Organization501c3Ind	0	X
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IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	0
IRS990EZ/OtherRevenueTotalAmt	0	0
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
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IRS990EZ/PrintingPublicationsPostageAmt	0	200
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
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IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
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IRS990EZ/SaleOfAssetsGrossAmt	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NH
IRS990EZ/SubjectToProxyTaxInd	0	0
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IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
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IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	77616
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IRS990EZ/TotalRevenueAmt	0	84320
IRS990EZ/TransactionWithControlEntInd	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	www.loonfreestyle.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	379702
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt	0	0
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IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00632
IRS990ScheduleA/InvestmentIncomePYPct	0	0.01
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ReturnHeader/BuildTS	0	2022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Henry Day
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7818839891
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LOON FREESTYLE INC
ReturnHeader/Filer/BusinessNameControlTxt	0	LOON
ReturnHeader/Filer/EIN	0	020459622
ReturnHeader/Filer/PhoneNum	0	7818839891
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	96 Fairoaks Ln
ReturnHeader/Filer/USAddress/CityNm	0	Cohasset
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	02025
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	100.0.3.50
ReturnHeader/ReturnTs	0	2020-06-01T13:12:35-07:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-06-01
ReturnHeader/TaxPeriodEndDt	0	2020-05-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $139,165
Liabilities: $0
Net assets: $139,165
Revenue: $84,320
Expenses: $77,616
Net income: $6,704

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.88	$0.00	$1.88	$1.74	$1.72	$0.02
2024Detailed filing. Detailed filing data is available for this year.	$1.94	$0.00	$1.94	$1.83	$1.92	$0.09
2023Detailed filing. Detailed filing data is available for this year.	$1.90	$0.00	$1.90	$1.91	$1.85	$0.06
2022Detailed filing. Detailed filing data is available for this year.	$1.84	$0.00	$1.84	$1.50	$1.24	$0.26
2021Detailed filing. Detailed filing data is available for this year.	$1.57	$0.00	$1.57	$0.92	$0.73	$0.18
2020Detailed filing. Detailed filing data is available for this year.	$1.39	$0.00	$1.39	$0.84	$0.78	$0.07
2019Detailed filing. Detailed filing data is available for this year.	$1.32	$0.00	$1.32	$0.95	$0.71	$0.24
2018Detailed filing. Detailed filing data is available for this year.	$1.08	$0.00	$1.08	$0.76	$0.66	$0.10
2017Detailed filing. Detailed filing data is available for this year.	$0.98	$0.00	$0.98	$0.77	$0.72	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$1.12	$0.00	$1.12	$1.03	$0.89	$0.14
2015Detailed filing. Detailed filing data is available for this year.	$0.98	$0.00	$0.98	$0.64	$0.54	$0.09
2014Detailed filing. Detailed filing data is available for this year.	$0.89	$0.00	$0.89	$0.90	$0.68	$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.63	$0.00	$0.63	$0.44	$0.44	$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.63	$0.00	$0.63	$0.54	$0.48	$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.57	$0.00	$0.57	$0.47	$0.42	$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.53	$0.00	$0.53	$0.42	$0.48	$0.06