Civic Intelligence

Forest Area Swim Team Inc.

990EZ • Fiscal year 2023 • EIN 20-0729912

Sep 01, 2022 to Aug 31, 2023 • Filed on Jan 16, 2024

Organization Profilewww.fastfrogs.net
1801 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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

16th percentile

-27%

Higher net margin than 16% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

23rd percentile

-20%

Faster asset growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

37th percentile

-6.4%

Faster revenue growth than 37% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$35,475

Down $8,742 (-20%) from 2022

Net Assets

Up

$35,475

Up $2,276 (+6.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin16th percentile

Revenue

Down

$57,989

Down $3,948 (-6.4%) from 2022

Expenses

Up

$73,876

Up $15,626 (+27%) from 2022

Net Income

Down

-$15,887

Down $19,574 (-531%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth23rd 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: $35,4752023Assets 2024: $24,745Liabilities 2024: $0Net Assets 2024: $31,7802024

Highlighted filing

2023

Assets$35,475
Liabilities$0
Net Assets$35,475
Open 2023 Filing

Operations Trend

Revenue Growth37th 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

2023

Revenue$57,989
Expenses$73,876
Net Income-$15,887
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jan 16, 2024
Return Version
2022v5.0
Gross Receipts
$67,289
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
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES SEPULVEDAPresident-$0--
TERESA HOWARDTreasurer-$0--
BOND HALVERSONSecretary-$0--
TRAVIS BROUGHTONVice President-$0--
Filing and Contact Details

Filer

Filer Name
Forest Area Swim Team
EIN
20-0729912
In Care Of
% Teresa Howard
Phone
5122309521
Address
1801 Red Bud Lane Ste B Ste PMB 205, Round Rock, TX 78664

Signing Officer

Name
Teresa Howard
Title
Treasurer
Phone
5122309521
Signed
2024-01-16
Supplemental Narrative

Additional Explanations

Part II Line 24

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

Raw XML Appendix138 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/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/BOYAmt043715
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034973
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-15887
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt044217
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IRS990EZ/FundraisingGrossIncomeAmt014374
IRS990EZ/GrossReceiptsAmt067289
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt063
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt044217
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028330
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt044217
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035475
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.000
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/PersonNm2BOND HALVERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TRAVIS BROUGHTON
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/PrintingPublicationsPostageAmt029226
IRS990EZ/ProgramServiceRevenueAmt052852
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0provide educational competitive and recreational swimming for kids
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt044650
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt09300
IRS990EZ/SpecialEventsNetIncomeLossAmt05074
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt073876
IRS990EZ/TotalRevenueAmt057989
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.fastfrogs.net
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt040680
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0655
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt050648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt091983
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt020337
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt026004
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt046341
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0138324
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt061017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0655
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt076652
IRS990ScheduleA/Total509Grp/TotalAmt0138324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt061017
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0655
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt076652
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0138324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Inventories for sale or use. Beginning:$502.00 Ending: $502.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II Line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TERESA HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05122309521
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Forest Area Swim Team
ReturnHeader/Filer/BusinessNameControlTxt0FORE
ReturnHeader/Filer/EIN0200729912
ReturnHeader/Filer/InCareOfNm0% Teresa Howard
ReturnHeader/Filer/PhoneNum05122309521
ReturnHeader/Filer/USAddress/AddressLine1Txt01801 Red Bud Lane Ste B Ste PMB 205
ReturnHeader/Filer/USAddress/CityNm0Round Rock
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078664
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-01-16T23:24:26-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TERESA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOWARD
ReturnHeader/TaxPeriodBeginDt02022-09-01
ReturnHeader/TaxPeriodEndDt02023-08-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,475
Liabilities
$0
Net assets
$35,475
Revenue
$57,989
Expenses
$73,876
Net income
-$15,887
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$35.5$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