Civic Intelligence

Red Tide N Y C Inc.

990EZ • Fiscal year 2017 • EIN 13-4010797

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

577 Grand Street No F1206New York, NY 10002

(212) 246-9293

Siviq Scores

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

Liabilities / Assets

76th percentile

0.04x

Higher debt load relative to assets than 76% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.02x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-8.2%

Higher net margin than 22% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

24th percentile

-13%

Faster asset growth than 24% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

30th percentile

-9.2%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$87,043

Down $12,555 (-13%) from 2016

Net Assets

Down

$83,689

Down $12,555 (-13%) from 2016

Liabilities

Flat

$3,354

Flat from 2016

Revenue

Down

$153,343

Down $15,531 (-9.2%) from 2016

Expenses

Down

$165,898

Down $25,776 (-13%) from 2016

Net Income

Up

-$12,555

Up $10,245 (+45%) 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: $95,207Liabilities 2010: $5,118Net Assets 2010: $90,0892010Assets 2011: $93,792Liabilities 2011: $6,803Net Assets 2011: $86,9892011Assets 2012: $115,129Liabilities 2012: $6,372Net Assets 2012: $108,7572012Assets 2013: $86,861Liabilities 2013: $726Net Assets 2013: $86,1352013Assets 2014: $87,554Liabilities 2014: $3,869Net Assets 2014: $83,6852014Assets 2015: $119,918Liabilities 2015: $874Net Assets 2015: $119,0442015Assets 2016: $99,598Liabilities 2016: $3,354Net Assets 2016: $96,2442016Assets 2017: $87,043Liabilities 2017: $3,354Net Assets 2017: $83,6892017Assets 2018: $68,421Liabilities 2018: $3,354Net Assets 2018: $65,0672018Assets 2019: $56,142Liabilities 2019: $3,354Net Assets 2019: $52,7882019Assets 2020: $53,879Liabilities 2020: $9,545Net Assets 2020: $44,3342020Assets 2021: $38,154Liabilities 2021: $2,441Net Assets 2021: $35,7132021Assets 2022: $14,855Liabilities 2022: $2,441Net Assets 2022: $12,4142022Assets 2023: $35,835Liabilities 2023: $2,441Net Assets 2023: $33,3942023Assets 2024: $51,353Liabilities 2024: $2,441Net Assets 2024: $48,9122024

Highlighted filing

2017

Assets$87,043
Liabilities$3,354
Net Assets$83,689

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $142,755Expenses 2010: $106,175Net Income 2010: $36,5802010Revenue 2011: $148,058Expenses 2011: $151,158Net Income 2011: -$3,1002011Revenue 2012: $155,486Expenses 2012: $133,718Net Income 2012: $21,7682012Revenue 2013: $131,322Expenses 2013: $153,944Net Income 2013: -$22,6222013Revenue 2014: $170,128Expenses 2014: $172,578Net Income 2014: -$2,4502014Revenue 2015: $170,338Expenses 2015: $134,979Net Income 2015: $35,3592015Revenue 2016: $168,874Expenses 2016: $191,674Net Income 2016: -$22,8002016Revenue 2017: $153,343Expenses 2017: $165,898Net Income 2017: -$12,5552017Revenue 2018: $112,765Expenses 2018: $131,387Net Income 2018: -$18,6222018Revenue 2019: $109,742Expenses 2019: $122,021Net Income 2019: -$12,2792019Revenue 2020: $28,575Expenses 2020: $33,722Net Income 2020: -$5,1472020Revenue 2021: $335Expenses 2021: $8,956Net Income 2021: -$8,6212021Revenue 2022: $55,356Expenses 2022: $78,655Net Income 2022: -$23,2992022Revenue 2023: $157,309Expenses 2023: $136,329Net Income 2023: $20,9802023Revenue 2024: $162,285Expenses 2024: $146,767Net Income 2024: $15,5182024

Highlighted filing

2017

Revenue$153,343
Expenses$165,898
Net Income-$12,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$153,343
Mission and Program Overview

Mission

Foster and conduct national and international swimming competition.

Program Services

DescriptionGrantsExpenses
PROVIDE ACCESS TO POOLS FOR WORKOUTS AND COMPETITIONS IN NEW YORK CITY.$127,280$123,840
TO PROVIDE COACHING SERVICES FOR SWIMMERS OF ALL LEVELS FOR RECREATION, FITNESS, AND COMPETITION.$0$29,152
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTY MUNSONDirector-$0--
HAYLEY FRIEDMANPresidentPT$0--
KYLE JONESTreasurer-$0--
KACEY KOEPPELVice President-$0--
BARBARA CHARLESDirector-$0--
JONATHAN WELLSDirector-$0--
MARGARET TATODirector-$0--
MALIA CONEDirector-$0--
NATALIE PUMMILLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Red Tide Nyc Inc
EIN
13-4010797
Phone
2122469293
Address
577 GRAND STREET NO F1206, NEW YORK, NY 10002

Signing Officer

Name
Hayley Friedman
Title
President
Phone
2122469293
Signed
2018-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Matthews & Co Llp
Address
270 MADISON AVENUE 16TH FLOOR, NEW YORK, NY 10016
Preparer
Martin Weinberg
Phone
2122935100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 59.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: coaching fees/expenses. Amount: 29,152. Description: credit card/merchant fees. Amount: 6,164. Description: organizational expenses. Amount: 1,189. Description: insurance. Amount: 68. Description: nys filing fee. Amount: 25. Total to form 990-ez, line 16: 36,598.

Form 990-ez, Part II, Line 24 - Other Assets

Description: security deposit. Beg. Of year amount: 1,500. End of year amount: 1,500.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card payable. Beg. Of year amount: 3,354. End of year amount: 3,354.

Raw XML Appendix212 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/OfficerDirectorTrusteeEmplGrp/PersonNm0MARTY MUNSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0FOSTER AND CONDUCT NATIONAL AND INTERNATIONAL SWIMMING COMPETITION.
IRS990EZ/ProgramServiceRevenueAmt0127279
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE ACCESS TO POOLS FOR WORKOUTS AND COMPETITIONS IN NEW YORK CITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE COACHING SERVICES FOR SWIMMERS OF ALL LEVELS FOR RECREATION, FITNESS, AND COMPETITION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0127280
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 59.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: COACHING FEES/EXPENSES. AMOUNT: 29,152. DESCRIPTION: CREDIT CARD/MERCHANT FEES. AMOUNT: 6,164. DESCRIPTION: ORGANIZATIONAL EXPENSES. AMOUNT: 1,189. DESCRIPTION: INSURANCE. AMOUNT: 68. DESCRIPTION: NYS FILING FEE. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 36,598.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 1,500. END OF YEAR AMOUNT: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 3,354. END OF YEAR AMOUNT: 3,354.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HAYLEY FRIEDMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02122469293
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RED TIDE NYC INC
ReturnHeader/Filer/BusinessNameControlTxt0REDT
ReturnHeader/Filer/EIN0134010797
ReturnHeader/Filer/PhoneNum02122469293
ReturnHeader/Filer/USAddress/AddressLine1Txt0577 GRAND STREET NO F1206
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010002
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.176.26.194
ReturnHeader/FilingSecurityInformation/IPDt02018-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:57:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133489260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MATTHEWS & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0270 MADISON AVENUE 16TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02122935100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN WEINBERG
ReturnHeader/ReturnTs02018-05-14T16:54:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.49$1.62$1.47$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.33$1.57$1.36$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.12$0.55$0.79$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.02$0.36$0.00$0.09$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.10$0.44$0.29$0.34$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$1.10$1.22$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.03$0.65$1.13$1.31$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.03$0.84$1.53$1.66$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.96$1.69$1.92$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.01$1.19$1.70$1.35$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.04$0.84$1.70$1.73$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$1.31$1.54$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.06$1.09$1.55$1.34$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.07$0.87$1.48$1.51$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.05$0.90$1.43$1.06$0.37