Civic Intelligence

Hot Tubes Development Cycling Team Inc.

990 • Fiscal year 2017 • EIN 04-3817370

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 05, 2018

2 Shaker Road G100Shirley, MA 01464

(978) 425-9033

Siviq Scores

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

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

38th percentile

-0.8%

Higher net margin than 38% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$56,967

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 30.2% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

29th percentile

-9.6%

Faster asset growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$85,492

Down $9,089 (-9.6%) from 2016

Net Assets

Down

$62,530

Down $1,517 (-2.4%) from 2016

Liabilities

Down

$22,962

Down $7,572 (-25%) from 2016

Revenue

Down

$188,751

Down $38,447 (-17%) from 2016

Expenses

Down

$190,268

Down $51,367 (-21%) from 2016

Net Income

Up

-$1,517

Up $12,920 (+89%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $31,956Liabilities 2010: $0Net Assets 2010: $31,9562010Assets 2011: $59,532Liabilities 2011: $0Net Assets 2011: $59,5322011Assets 2012: $36,349Liabilities 2012: $0Net Assets 2012: $36,3492012Assets 2013: $67,113Liabilities 2013: $0Net Assets 2013: $67,1132013Assets 2014: $107,140Liabilities 2014: $0Net Assets 2014: $107,1402014Assets 2015: $116,977Liabilities 2015: $38,493Net Assets 2015: $78,4842015Assets 2016: $94,581Liabilities 2016: $30,534Net Assets 2016: $64,0472016Assets 2017: $85,492Liabilities 2017: $22,962Net Assets 2017: $62,5302017Assets 2018: $50,078Liabilities 2018: $35,579Net Assets 2018: $14,4992018Assets 2019: $55,685Liabilities 2019: $3,314Net Assets 2019: $52,3712019Assets 2020: $138,664Liabilities 2020: $25Net Assets 2020: $138,6392020Assets 2021: $131,974Liabilities 2021: $245Net Assets 2021: $131,7292021Assets 2022: $87,511Liabilities 2022: $172Net Assets 2022: $87,3392022Assets 2023: $51,138Liabilities 2023: $5,349Net Assets 2023: $45,7892023Assets 2024: $69,374Liabilities 2024: $0Net Assets 2024: $69,3742024

Highlighted filing

2017

Assets$85,492
Liabilities$22,962
Net Assets$62,530

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $115,8162010Expenses 2011: $120,6822011Revenue 2012: $157,542Expenses 2012: $176,213Net Income 2012: -$18,6712012Revenue 2013: $174,132Expenses 2013: $143,368Net Income 2013: $30,7642013Revenue 2014: $201,513Expenses 2014: $156,694Net Income 2014: $44,8192014Revenue 2015: $238,243Expenses 2015: $266,899Net Income 2015: -$28,6562015Revenue 2016: $227,198Expenses 2016: $241,635Net Income 2016: -$14,4372016Revenue 2017: $188,751Expenses 2017: $190,268Net Income 2017: -$1,5172017Revenue 2018: $188,781Expenses 2018: $236,812Net Income 2018: -$48,0312018Revenue 2019: $232,443Expenses 2019: $194,571Net Income 2019: $37,8722019Revenue 2020: $280,807Expenses 2020: $194,539Net Income 2020: $86,2682020Revenue 2021: $190,879Expenses 2021: $197,789Net Income 2021: -$6,9102021Revenue 2022: $211,954Expenses 2022: $256,342Net Income 2022: -$44,3882022Revenue 2023: $185,064Expenses 2023: $226,614Net Income 2023: -$41,5502023Revenue 2024: $272,668Expenses 2024: $249,085Net Income 2024: $23,5832024

Highlighted filing

2017

Revenue$188,751
Expenses$190,268
Net Income-$1,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 5, 2018
Return Version
2017v2.2
Gross Receipts
$188,751
Mission and Program Overview

Mission

To foster and conduct national and international amateur cycling competition and develope amateur athletes for such competitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$53,148$34,664▼ $18,484
Pledges and Grants Receivable$7,628$28,068▲ $20,440
Land, Buildings, and Equipment, Net$23,013$13,807▼ $9,206
Other Notes and Loans Receivable, Net$5,698$5,698→ $0
Cash and Non-Interest-Bearing Accounts$5,094$3,255▼ $1,839
Total Assets$94,581$85,492▼ $9,089
Liabilities
Unsecured Notes Loans Payable$28,226$20,179▼ $8,047
Accounts Payable and Accrued Expenses$2,308$2,783▲ $475
Total Liabilities$30,534$22,962▼ $7,572
Net Assets / Fund Balance
Unrestricted Net Assets$64,047$62,530▼ $1,517
Total Net Assets Fund Balance$64,047$62,530▼ $1,517
Total Liabilities and Net Assets / Fund Balance$94,581$85,492▼ $9,089

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,807$36,466$50,273
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tobias StantonPresidentPT$48,000$8,967$56,967

Board Members and Trustees

NameTitle
John Alston GardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$188,589
Program Service Revenue
$0
Investment Income
$162
Other Revenue
$0
All Other Contributions
$188,589
Change in Net Assets
$-1,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,629
Salaries, Compensation, and Employee Benefits$60,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$33,600$14,400-$48,000
All Other Expenses$12,304$4,724-$17,028
Depreciation Depletion$9,205--$9,205
Other Employee Benefits$6,277$2,690-$8,967
Other Expenses$7,200--$7,200
Payroll Taxes$2,570$1,102-$3,672
Office Expenses-$2,925-$2,925
Fees for Services Accounting-$2,665-$2,665
Interest-$1,485-$1,485
Advertising-$599-$599
Total Functional Expenses$159,678$30,590$0$190,268
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 18

The organization's form 990 is available on the website of the office of the attorney general.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Hot Tubes Development Cycling
EIN
04-3817370
Phone
9784259033
Address
2 SHAKER ROAD G100, SHIRLEY, MA 01464

Signing Officer

Name
Tobias Stanton
Title
President
Phone
9785141466
Signed
2018-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tobias Stanton
Formed
2005
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
8
Employees
1

Preparer

Firm
John T Andrews CPA Pc
Address
45 STERLING ST STE 3, WEST BOYLSTON, MA 01583-1201
Preparer
John T Andrews CPA
Phone
7742614000
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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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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00D6111DE887E7AF52DE09838A5A5DE7E32FE3032
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D14515F2C9131908D69BFB4EADC9AFB1FF5F8D0E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-03-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:44:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0274478449
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN T ANDREWS CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt045 STERLING ST STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST BOYLSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0015831201
ReturnHeader/PreparerPersonGrp/PhoneNum07742614000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN T ANDREWS CPA
ReturnHeader/ReturnTs02018-03-15T11:44:07-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$2.73$2.49$0.24
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.05$0.46$1.85$2.27$0.42
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.87$2.12$2.56$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.91$1.98$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$2.81$1.95$0.86
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.52$2.32$1.95$0.38
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.36$0.14$1.89$2.37$0.48
2017Detailed filing. Detailed filing data is available for this year.$0.85$0.23$0.63$1.89$1.90$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.95$0.31$0.64$2.27$2.42$0.14
2015Summary only. Only limited summary data is available for this year.$1.17$0.38$0.78$2.38$2.67$0.29
2014Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$2.02$1.57$0.45
2013Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.74$1.43$0.31
2012Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$1.58$1.76$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$1.16