Civic Intelligence

Forest Area Swim Team Inc.

990EZ • Fiscal year 2017 • EIN 20-0729912

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 16, 2018

Organization ProfileWWW.FASTFROGS.NET
1801 Red Bud Lane Ste B-pmb 205Round Rock, TX 78664

(512) 230-9521

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

91st percentile

95%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$40,596

Up $19,775 (+95%) from 2016

Net Assets

Up

$40,596

Up $19,775 (+95%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin80th percentile

Revenue

Up

$80,993

Up $19,298 (+31%) from 2016

Expenses

Down

$61,218

Down $4,835 (-7.3%) from 2016

Net Income

Up

$19,775

Up $24,133 (+554%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

2017

Assets$40,596
Liabilities-
Net Assets$40,596
Open 2017 Filing

Operations Trend

Revenue Growth79th percentile

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

2017

Revenue$80,993
Expenses$61,218
Net Income$19,775
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 16, 2018
Return Version
2016v3.1
Gross Receipts
$89,201
Mission and Program Overview

Mission

provide educational competitive recreational swim

To provide educational, competitive, and recreational swimming for kids

Program Services

DescriptionGrantsExpenses
EDUCATION, COMPETITIVE, RECREATIONAL SWIMMING AND INSTRUCTION FOR KIDS-$61,218
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TRACY ACOSTASecretary-$0--
KELLY FELKERVP Of Commun-$0--
TERESA KLABUNDEVP Of Progra-$0--
TERESA HOWARDTreasurer-$0--
MIKE MCGILLPresident-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Sponsorships$13,468$13,468$464$13,004
Logo Gear Sales$6,014$6,014$4,366$1,648
Total Events$19,482$19,482$4,830$14,652
Filing and Contact Details

Filer

Filer Name
Forest Area Swim Team Inc
EIN
20-0729912
Address
1801 RED BUD LANE STE B-PMB 205, ROUND ROCK, TX 78664

Signing Officer

Name
Teresa Howard
Title
Treasurer
Signed
2018-07-16
Discuss with paid preparer
Yes

Preparer

Firm
Van Houten & Associates Pc
Address
1517 E PALM VALLEY BLVD, ROUND ROCK, TX 78664-4552
Preparer
S Paige Heard CPA
Phone
5123109277
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

“Fast frogs f.a.s.t. Frogs”

Form 990-ez, Part I, Line 8

“Insurance proceeds 3,570 resale of used tents 125 total 3,695”

Form 990-ez, Part I, Line 16

“Expenses organizational filing fees 64 trailer registration 60 d&o insurance 740 trailer insurance 238 total 1,102”

Form 990-ez, Part II, Line 24

“Inventories for sale or use 0 502 total 0 502”

Raw XML Appendix164 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FOREST AREA SWIM TEAM INC
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0FOREST AREA SWIM TEAM INC
IRS990EZ/BooksInCareOfDetail/PhoneNum05122309521
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01801 REDBUD LANE STE B-PMB 205
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROUND ROCK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078664
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020821
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040094
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019775
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt016582
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020821
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040596
IRS990EZ/FundraisingGrossIncomeAmt026339
IRS990EZ/GrossReceiptsAmt089201
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0117
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020821
IRS990EZ/NetAssetsOrFundBalancesEOYAmt040596
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020821
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt040596
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TRACY ACOSTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KELLY FELKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TERESA KLABUNDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TERESA HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MIKE MCGILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP OF COMMUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP OF PROGRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0502
IRS990EZ/OtherExpensesTotalAmt01102
IRS990EZ/OtherRevenueTotalAmt03695
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL, COMPETITIVE, AND RECREATIONAL SWIMMING FOR KIDS
IRS990EZ/ProgramServiceRevenueAmt059050
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATION, COMPETITIVE, RECREATIONAL SWIMMING AND INSTRUCTION FOR KIDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt061218
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt043534
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt08208
IRS990EZ/SpecialEventsNetIncomeLossAmt018131
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061218
IRS990EZ/TotalProgramServiceExpensesAmt061218
IRS990EZ/TotalRevenueAmt080993
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FASTFROGS.NET
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02814
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09014
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt046500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt047797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt047797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt037990
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0242946
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt026339
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt017891
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt044230
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0296190
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089201
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt064391
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt050897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt050897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt040804
IRS990ScheduleA/Total509Grp/TotalAmt0296190
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt064391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt050897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt050897
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt040804
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0296190
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04830
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPONSORSHIPS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LOGO GEAR SALES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013468
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06014
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019482
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013468
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06014
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019482
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014652
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04830
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0464
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04366
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAST FROGS F.A.S.T. FROGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE PROCEEDS 3,570 RESALE OF USED TENTS 125 TOTAL 3,695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ORGANIZATIONAL FILING FEES 64 TRAILER REGISTRATION 60 D&O INSURANCE 740 TRAILER INSURANCE 238 TOTAL 1,102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INVENTORIES FOR SALE OR USE 0 502 TOTAL 0 502
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOREST AREA SWIM TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0200729912
ReturnHeader/Filer/USAddress/AddressLine1Txt01801 RED BUD LANE STE B-PMB 205
ReturnHeader/Filer/USAddress/CityNm0ROUND ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078664
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01EB033DFF3AB913EC281539D910B876544408037
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId072277E6E1F4504E65ED0F62691286186742E56D5
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364709636
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VAN HOUTEN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01517 E PALM VALLEY BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROUND ROCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0786644552
ReturnHeader/PreparerPersonGrp/PhoneNum05123109277
ReturnHeader/PreparerPersonGrp/PreparationDt02018-07-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0S PAIGE HEARD CPA
ReturnHeader/ReturnTs02018-07-16T10:54:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-09-01
ReturnHeader/TaxPeriodEndDt02017-08-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$40,596
Liabilities
-
Net assets
$40,596
Revenue
$80,993
Expenses
$61,218
Net income
$19,775
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.7$0.00$31.8$65.3$69.0$3.70
2023Detailed filing. Detailed filing data is available for this year.$35.5$0.00$28.3$58.0$73.9$15.9
2022Detailed filing. Detailed filing data is available for this year.$44.2$0.00$33.2$61.9$58.3$3.69
2021Detailed filing. Detailed filing data is available for this year.$29.5$0.00$29.5$51.5$58.8$7.25
2020Summary only. Only limited summary data is available for this year.$36.8$0.00$0.66$4.16$3.51
2019Summary only. Only limited summary data is available for this year.$44.6$0.00$65.5$45.9$19.6
2018Summary only. Only limited summary data is available for this year.$39.9$0.00$69.8$48.5$21.4
2017Detailed filing. Detailed filing data is available for this year.$40.6$40.6$81.0$61.2$19.8
2016Detailed filing. Detailed filing data is available for this year.$20.8$20.8$61.7$66.1$4.36
2015Detailed filing. Detailed filing data is available for this year.$14.1$0.00$14.1$52.9$53.5$0.61
2014Detailed filing. Detailed filing data is available for this year.$14.1$0.00$14.1$52.9$53.5$0.61
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.00$14.0$42.9$38.9$4.01
2012Summary only. Only limited summary data is available for this year.$10.5$0.00$42.8$41.9$0.91