Civic Intelligence

Forest Area Swim Team Inc.

990EZ • Fiscal year 2021 • EIN 20-0729912

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 14, 2022

1805 Red Bud Lane Ste B Ste 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

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-14%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

19th percentile

-20%

Faster asset growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

7764%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$29,512

Down $7,248 (-20%) from 2020

Net Assets

$29,512

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$51,510

Up $50,855 (+7764%) from 2020

Expenses

Up

$58,758

Up $54,598 (+1312%) from 2020

Net Income

Down

-$7,248

Down $3,743 (-107%) from 2020

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

2021

Assets$29,512
Liabilities$0
Net Assets$29,512

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

2021

Revenue$51,510
Expenses$58,758
Net Income-$7,248
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 14, 2022
Return Version
2020v4.0
Gross Receipts
$61,017
Mission and Program Overview

Mission

provide educational competitive recreational swim

Program Services

DescriptionGrantsExpenses
provide educational competitive and recreational swimming for kids--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES SEPULVEDAPresident-$0--
TERESA HOWARDTreasurer-$0--
KATIE AHOSecretary-$0--
YASMIN HASHIMVice President-$0--
Filing and Contact Details

Filer

Filer Name
Forest Area Swim Team
EIN
20-0729912
In Care Of
% Teresa Howard
Phone
5122309521
Address
1805 Red Bud Lane Ste B Ste PMB 205, Round Rock, TX 78664

Signing Officer

Name
Teresa Howard
Title
Treasurer
Phone
5122309521
Signed
2022-07-14
Supplemental Narrative

Additional Explanations

Part II Line 24

Inventories for sale or use. Beginning:$502.00 Ending: $502.00

Raw XML Appendix151 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JAMES SEPULVEDA
CompensationExplanation/CompensationExplanationGrp/PersonNm1TERESA HOWARD
CompensationExplanation/CompensationExplanationGrp/PersonNm2KATIE AHO
CompensationExplanation/CompensationExplanationGrp/PersonNm3YASMIN HASHIM
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0NA
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1NA
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt2NA
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt3NA
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TERESA HOWARD
IRS990EZ/BooksInCareOfDetail/PhoneNum05122309521
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02028 Golden Bear Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Round Rock
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078664
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036258
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029010
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7248
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036760
IRS990EZ/Form990TotalAssetsGrp/EOYAmt029512
IRS990EZ/FundraisingGrossIncomeAmt020337
IRS990EZ/GrossReceiptsAmt061017
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt0145
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt036760
IRS990EZ/NetAssetsOrFundBalancesEOYAmt029512
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt036760
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt029512
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES SEPULVEDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TERESA HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KATIE AHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3YASMIN HASHIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0502
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0502
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0provide educational competitive recreational swim
IRS990EZ/PrintingPublicationsPostageAmt019116
IRS990EZ/ProgramServiceRevenueAmt040535
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0provide educational competitive and recreational swimming for kids
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt039642
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt09507
IRS990EZ/SpecialEventsNetIncomeLossAmt010830
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt058758
IRS990EZ/TotalRevenueAmt051510
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.fastfrogs.net
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt040680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt050648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt056645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt062862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0211490
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt020337
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt026004
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt023671
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt026339
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt096351
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0307841
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt076652
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt080316
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt089201
IRS990ScheduleA/Total509Grp/TotalAmt0307841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0655
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt076652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt080316
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt089201
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0307841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Inventories for sale or use. Beginning:$502.00 Ending: $502.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05122309521
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Forest Area Swim Team
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0200729912
ReturnHeader/Filer/InCareOfNm0% Teresa Howard
ReturnHeader/Filer/PhoneNum05122309521
ReturnHeader/Filer/USAddress/AddressLine1Txt01805 Red Bud Lane Ste B Ste PMB 205
ReturnHeader/Filer/USAddress/CityNm0Round Rock
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078664
ReturnHeader/ReturnTs02022-07-14T20:25:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERESA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOWARD
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings