Civic Intelligence

Forest Area Swim Team Inc.

990EZ • Fiscal year 2013 • EIN 20-0729912

Mar 01, 2012 to Feb 28, 2013 • Filed on Jul 16, 2013

3720 Gattis School Rd Ste 800Box 20578664
Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

63rd percentile

9.3%

Higher net margin than 63% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

48th percentile

0.3%

Faster revenue growth than 48% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$14,006

Up $3,457 (+33%) from 2012

Net Assets

$14,006

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$42,911

Up $149 (+0.3%) from 2012

Expenses

Down

$38,906

Down $2,946 (-7.0%) from 2012

Net Income

Up

$4,005

Up $3,095 (+340%) from 2012

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $10,549Liabilities 2012: $02012Assets 2013: $14,006Liabilities 2013: $0Net Assets 2013: $14,0062013Assets 2014: $14,062Liabilities 2014: $0Net Assets 2014: $14,0622014Assets 2015: $14,118Liabilities 2015: $0Net Assets 2015: $14,1182015Assets 2016: $20,821Net Assets 2016: $20,8212016Assets 2017: $40,596Net Assets 2017: $40,5962017Assets 2018: $39,866Liabilities 2018: $02018Assets 2019: $44,621Liabilities 2019: $02019Assets 2020: $36,760Liabilities 2020: $02020Assets 2021: $29,512Liabilities 2021: $0Net Assets 2021: $29,5122021Assets 2022: $44,217Liabilities 2022: $0Net Assets 2022: $33,1992022Assets 2023: $35,475Liabilities 2023: $0Net Assets 2023: $28,3302023Assets 2024: $24,745Liabilities 2024: $0Net Assets 2024: $31,7802024

Highlighted filing

2013

Assets$14,006
Liabilities$0
Net Assets$14,006

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $42,762Expenses 2012: $41,852Net Income 2012: $9102012Revenue 2013: $42,911Expenses 2013: $38,906Net Income 2013: $4,0052013Revenue 2014: $52,928Expenses 2014: $53,542Net Income 2014: -$6142014Revenue 2015: $52,928Expenses 2015: $53,542Net Income 2015: -$6142015Revenue 2016: $61,695Expenses 2016: $66,053Net Income 2016: -$4,3582016Revenue 2017: $80,993Expenses 2017: $61,218Net Income 2017: $19,7752017Revenue 2018: $69,822Expenses 2018: $48,457Net Income 2018: $21,3652018Revenue 2019: $65,491Expenses 2019: $45,907Net Income 2019: $19,5842019Revenue 2020: $655Expenses 2020: $4,160Net Income 2020: -$3,5052020Revenue 2021: $51,510Expenses 2021: $58,758Net Income 2021: -$7,2482021Revenue 2022: $61,937Expenses 2022: $58,250Net Income 2022: $3,6872022Revenue 2023: $57,989Expenses 2023: $73,876Net Income 2023: -$15,8872023Revenue 2024: $65,290Expenses 2024: $68,985Net Income 2024: -$3,6952024

Highlighted filing

2013

Revenue$42,911
Expenses$38,906
Net Income$4,005
Jump To
Filing Snapshot
Filing Period
Mar 1, 2012 to Feb 28, 2013
Signed
Jul 16, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

provide educational competitive recreational swim

Filing and Contact Details

Filer

EIN
20-0729912
Raw XML Appendix234 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/OfficerDirectorTrusteeKeyEmpl/PersonName0Ron Ivy
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Angie Dulin
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Kathryn McCurley
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Amy Havard
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Greg Faulkner
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Vice President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4Meet Director
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IRS990EZ/OrganizationHadUBI00
IRS990EZ/OtherAssetsTotal/BOY00
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IRS990EZ/OtherChangesInNetAssets0-548
IRS990EZ/OtherExpensesTotal013460
IRS990EZ/OtherRevenueTotal01983
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0To provide educational, competitive, and recreational swimming for the residents of Forest Creek Homeowners' Association, Inc. Forest Creek III and Community Homeowners Association of Lake Forest, Inc.
IRS990EZ/PrintingPublicationsPostage0102
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0Provided educational, recreational, competitive swimming instruction. The children were taught valuable life long skills about being competitive while being great sportsmen.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses00
IRS990EZ/ProgramServiceRevenue037990
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
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IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/SpecialEventsDirectExpenses02176
IRS990EZ/SpecialEventsNetIncomeLoss01724
IRS990EZ/StatesWhereCopyOfReturnIsFiled0TX
IRS990EZ/SubjectToProxyTax00
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IRS990EZ/TaxImposedUnderIRC491200
IRS990EZ/TaxImposedUnderIRC495500
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine102725 Deep River Circle
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Round Rock
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0TX
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode078665
IRS990EZ/TheBooksAreInCareOf/NamePerson0Kathryn McCurley
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber05125477784
IRS990EZ/TotalAssets/BOY010549
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IRS990EZ/TotalExpenses038906
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IRS990EZ/TotalRevenue042911
IRS990EZ/TransactionWithControlEntity00
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg00
IRS990EZ/WebSite0www.fastfrogs.net
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYear00
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus2Years00
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus3Years00
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IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/CurrentTaxYear00
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IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
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IRS990ScheduleA/GiftsGrantsContribReceived509/Total09177
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IRS990ScheduleA/GrossReceiptsFromAdmissions/Total0178617
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYear00
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IRS990ScheduleA/PriorYearSupportPercentage01
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IRS990ScheduleA/PublicSupportTotal5090187794
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IRS990ScheduleO/GeneralExplanation/Explanation0Description;Amount^Spirit Wear Sales;257|Retailer Refund;128|Sale of Timing System to AAL;1065|Team Photo;375|Miscellaneous Revenue Bank Fee;158^Total;1983^
IRS990ScheduleO/GeneralExplanation/Explanation1Description;Amount^Trailer Expense;710|AAL League Fees;4600|Meet Admin Fees;399|Awards Ribbons;72|ADP Payroll Fees;156|Contractor Background Checks;43|Sponsor Plaques;180|Bankcard Merchant and Processing Fees;817|Office Equipment;435|Spirit Committee Expenses;426|Tents and Pool Equipment;3373|Team Photographer Exp;225|Clubhouse Rental for Meeting;50|PO Box Rental;144|Website Fees;455|End of Season Awards Banquet;1238|Misc Exp;137^Total;13460^
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IRS990ScheduleO/GeneralExplanation/Identifier0F99Z_P01_S00_L08
IRS990ScheduleO/GeneralExplanation/Identifier1F99Z_P01_S00_L16
IRS990ScheduleO/GeneralExplanation/Identifier2F99Z_P01_S00_L20
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990-EZ, Part I, Line 20
ReasonableCauseExplanation/Explanation0I am the new treasurer for this organization and confused the TX sales and use tax return date, which is July 22, 2013. I didn't realize the return is late.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0200729912
ReturnHeader/Filer/Name/BusinessNameLine10FOREST AREA SWIM TEAM INC
ReturnHeader/Filer/NameControl0FORE
ReturnHeader/Filer/Phone05125477784
ReturnHeader/Filer/USAddress/AddressLine103720 Gattis School Rd Ste 800
ReturnHeader/Filer/USAddress/AddressLine20Box 205
ReturnHeader/Filer/USAddress/City0Round Rock
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078664
ReturnHeader/Officer/DateSigned02013-07-16
ReturnHeader/Officer/Name0Kathy McCurley
ReturnHeader/Officer/Phone05125477784
ReturnHeader/Officer/Title0Treasurer
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-03-01
ReturnHeader/TaxPeriodEndDate02013-02-28
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-07-16T20:22:05-07:00

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