Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
3.35x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
82nd percentile
Higher top officer pay than 82% of similar nonprofits.
Top officer pay equals 43.2% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
36th percentile
Faster revenue growth than 36% of similar nonprofits.
Balance Sheet
Assets
Down$5,042
Down $3,966 (-44%) from 2012
Net Assets
Down-$11,872
Down $14,819 (-503%) from 2012
Liabilities
Up$16,914
Up $10,853 (+179%) from 2012
Revenue And Expenses
Revenue
Down$48,466
Down $3,551 (-6.8%) from 2012
Expenses
Up$63,285
Up $14,951 (+31%) from 2012
Net Income
Down-$14,819
Down $18,502 (-502%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Oct 30, 2014
- Return Version
- 2013v3.0
- Gross Receipts
- $48,466
Mission and Program Overview
Mission
The organization strives to develop swimming athletes of every skill level for local, regional, national and international competitions.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION STRIVES TO DEVELOP SWIMMING ATHLETES OF EVERY SKILL LEVEL FOR LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS. | $0 | $62,980 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID PONTE | Treasurer | PT | $10,440 | $10,515 | $20,955 |
| ROBERT GAUVIN | President | PT | $0 | - | - |
| KARA GAUVIN | Clerk | PT | $0 | - | - |
| ROBERT MEDEIROS | Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 04-3581906
- Phone
- 5089517080
Signing Officer
- Name
- David Ponte
- Title
- Vice-president
- Phone
- 5089841676
- Signed
- 2014-10-30
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Albino Dias CPA
- Phone
- 5089949333
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: federal small business health insurance premium credit. Amount: 1,581.”
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 458. Description: other expenses. Amount: 18,753. Total to form 990-ez, line 14: 19,211.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: swim team expense. Amount: 2,305. Description: office expenses. Amount: 417. Description: insurance. Amount: 1,184. Description: payroll taxes. Amount: 1,898. Description: 2011 and 2012 federal health ins credit reduction. Amount: 153. Description: interest expense. Amount: 349. Total to form 990-ez, line 16: 6,306.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 3,506. End of year amount: 3,319. Description: other depreciable assets. Beg. Of year amount: 209. End of year amount: 1,592.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable and accrued expenses. Beg. Of year amount: 6,061. End of year amount: 16,914.”
Raw XML Appendix162 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | DAVID PONTE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7743284000 |
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| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | NEW BEDFORD |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 02740 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5293 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 131 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -14819 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2440 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 9008 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 5042 |
| IRS990EZ/GrossReceiptsAmt | 0 | 48466 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 2947 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -11872 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 2947 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -11872 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 19211 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 7.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 10440 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 10515 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROBERT GAUVIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID PONTE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KARA GAUVIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROBERT MEDEIROS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CLERK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3715 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4911 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6306 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1581 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION STRIVES TO DEVELOP SWIMMING ATHLETES OF EVERY SKILL LEVEL FOR LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 46885 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION STRIVES TO DEVELOP SWIMMING ATHLETES OF EVERY SKILL LEVEL FOR LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL COMPETITIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 62980 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 35328 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6061 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 16914 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 63285 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 62980 |
| IRS990EZ/TotalRevenueAmt | 0 | 48466 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SWIMSCA.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1345 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1345 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 46885 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 50729 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 39241 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 63860 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106310 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 307025 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 308370 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 46885 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 50729 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40586 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 63860 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 106310 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 308370 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 46885 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 50729 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 40586 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 63860 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 106310 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 308370 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: FEDERAL SMALL BUSINESS HEALTH INSURANCE PREMIUM CREDIT. AMOUNT: 1,581. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DEPRECIATION. AMOUNT: 458. DESCRIPTION: OTHER EXPENSES. AMOUNT: 18,753. TOTAL TO FORM 990-EZ, LINE 14: 19,211. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: SWIM TEAM EXPENSE. AMOUNT: 2,305. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 417. DESCRIPTION: INSURANCE. AMOUNT: 1,184. DESCRIPTION: PAYROLL TAXES. AMOUNT: 1,898. DESCRIPTION: 2011 AND 2012 FEDERAL HEALTH INS CREDIT REDUCTION. AMOUNT: 153. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 349. TOTAL TO FORM 990-EZ, LINE 16: 6,306. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,506. END OF YEAR AMOUNT: 3,319. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 209. END OF YEAR AMOUNT: 1,592. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 6,061. END OF YEAR AMOUNT: 16,914. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DAVID PONTE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VICE-PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5089841676 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-10-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | SOUTHCOAST AQUATICS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUT |
| ReturnHeader/Filer/EIN | 0 | 043581906 |
| ReturnHeader/Filer/PhoneNum | 0 | 5089517080 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 374 FARM STREET |
| ReturnHeader/Filer/USAddress/City | 0 | NEW BEDFORD |
| ReturnHeader/Filer/USAddress/State | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 02740 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 800029766 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | DIAS LAPALME & MARTIN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 522 HAWTHORN STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | NORTH DARTMOUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 02747 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5089949333 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALBINO DIAS CPA |
| ReturnHeader/ReturnTs | 0 | 2014-11-12T08:13:18-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $5,042
- Liabilities
- $16,914
- Net assets
- -$11,872
- Revenue
- $48,466
- Expenses
- $63,285
- Net income
- -$14,819