Civic Intelligence

Frankfort Youth Athletic Association

EIN 20-0765026 • 501(c)3 • Frankfort, IL

Profile

Fyaa operates football and cheerleading teams for children ages 6-13.

PO Box 1213Frankfort, IL 60423

www.franfortfalcons.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

60th percentile

7.3%

Higher net margin than 60% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$188,941

Up $21,139 (+13%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$188,941

Up $21,139 (+13%) from 2022

Revenue

Up

$289,311

Up $61,477 (+27%) from 2022

Expenses

Up

$268,172

Up $46,118 (+21%) from 2022

Net Income

Up

$21,139

Up $15,359 (+266%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $96,926Liabilities 2010: $7,605Net Assets 2010: $89,3212010Assets 2011: $115,438Liabilities 2011: $0Net Assets 2011: $115,4382011Assets 2012: $138,356Liabilities 2012: $0Net Assets 2012: $138,3562012Assets 2013: $143,574Liabilities 2013: $0Net Assets 2013: $143,5742013Assets 2014: $153,871Liabilities 2014: $0Net Assets 2014: $153,8712014Assets 2015: $186,832Liabilities 2015: $0Net Assets 2015: $186,8322015Assets 2016: $183,841Net Assets 2016: $183,8412016Assets 2017: $179,756Net Assets 2017: $179,7562017Assets 2018: $166,982Net Assets 2018: $166,9822018Assets 2019: $162,585Liabilities 2019: $0Net Assets 2019: $162,5852019Assets 2020: $158,532Liabilities 2020: $0Net Assets 2020: $158,5322020Assets 2021: $161,936Liabilities 2021: $0Net Assets 2021: $161,9362021Assets 2022: $167,802Liabilities 2022: $0Net Assets 2022: $167,8022022Assets 2023: $188,941Liabilities 2023: $0Net Assets 2023: $188,9412023

Highlighted filing

2023

Assets$188,941
Liabilities$0
Net Assets$188,941

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $259,8132010Revenue 2011: $265,308Expenses 2011: $239,191Net Income 2011: $26,1172011Expenses 2012: $220,3172012Revenue 2013: $286,278Expenses 2013: $281,060Net Income 2013: $5,2182013Revenue 2014: $197,109Expenses 2014: $186,812Net Income 2014: $10,2972014Revenue 2015: $191,767Expenses 2015: $158,806Net Income 2015: $32,9612015Revenue 2016: $157,350Expenses 2016: $160,341Net Income 2016: -$2,9912016Revenue 2017: $132,537Expenses 2017: $136,622Net Income 2017: -$4,0852017Revenue 2018: $116,844Expenses 2018: $129,618Net Income 2018: -$12,7742018Revenue 2019: $86,889Expenses 2019: $91,286Net Income 2019: -$4,3972019Revenue 2020: $24,986Expenses 2020: $29,039Net Income 2020: -$4,0532020Revenue 2021: $153,475Expenses 2021: $152,635Net Income 2021: $8402021Revenue 2022: $227,834Expenses 2022: $222,054Net Income 2022: $5,7802022Revenue 2023: $289,311Expenses 2023: $268,172Net Income 2023: $21,1392023

Highlighted filing

2023

Revenue$289,311
Expenses$268,172
Net Income$21,139

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.00$1.89$2.89$2.68$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.00$1.68$2.28$2.22$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$1.53$1.53$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.00$1.59$0.25$0.29$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.00$1.63$0.87$0.91$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.67$1.67$1.17$1.30$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$1.80$1.33$1.37$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.84$1.84$1.57$1.60$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.00$1.87$1.92$1.59$0.33
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.00$1.54$1.97$1.87$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$2.86$2.81$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$2.20
2011Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$2.65$2.39$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.08$0.89$2.60
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.2
Gross Receipts
$153,475
Mission and Program Overview

Mission

Fyaa operates football and cheerleading teams for children ages 6-13.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$158,532$161,936▲ $3,404
Total Assets$158,532$161,936▲ $3,404
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$158,532$161,936▲ $3,404
Total Net Assets Fund Balance$158,532$161,936▲ $3,404
Total Liabilities and Net Assets / Fund Balance$158,532$161,936▲ $3,404
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jason AdamsPresident
Scott WaddickVice-president
Trey HarringtonAthletic Director
Carrie ManeyCheer Director
Lynette KarabisDirector
Peter NanosDirector
Steve OnikDirector
Steve SimonDirector
Jonas KujawaEquipment Director
Liz EhrhartSecretary
John FifeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$153,475
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,635
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$69,918--$69,918
Occupancy$10,936$2,619-$13,555
Depreciation Depletion$2,915--$2,915
Fees for Services Accounting-$2,730-$2,730
Information Technology-$895-$895
Office Expenses-$199-$199
Total Functional Expenses$146,192$6,443$0$152,635
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The president and treasurer are required, on an annual basis, to review the tax return prior to the submission of the tax return. The tax return is then brought before the board of directors prior to submission.

Conflict of interest policy compliance Part VI line 12C

Fyaa has a conflict of interest policy wherein any activity of the organization is brought before the board of directors, which meet on a monthly basis. Everything from selection of coaches for football and cheer, to the selection of service providers is discussed and documented in the monthly board meeting minutes.

Governing documents etc available to public Part VI line 19

All governing documents of the fyaa are available to the public upon request. Documents so requested will be made available electronically.

Filing and Contact Details

Filer

Filer Name
Frankfort Youth Athletic Association
EIN
20-0765026
Address
PO BOX 1213, Frankfort, IL 60423

Signing Officer

Name
John Fife
Title
Treasurer
Phone
7082542906
Signed
2022-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Adams
Formed
2004
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
35

Preparer

Firm
Cambridge Financial Solutions Inc
Address
22548 Port Weller Court, Frankfort, IL 60423
Preparer
Patrick Hayes
Phone
6302908498
Raw XML Appendix374 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
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IRS990/BooksInCareOfDetail/PhoneNum06302908498
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd060423
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND TREASURER ARE REQUIRED, ON AN ANNUAL BASIS, TO REVIEW THE TAX RETURN PRIOR TO THE SUBMISSION OF THE TAX RETURN. THE TAX RETURN IS THEN BROUGHT BEFORE THE BOARD OF DIRECTORS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FYAA HAS A CONFLICT OF INTEREST POLICY WHEREIN ANY ACTIVITY OF THE ORGANIZATION IS BROUGHT BEFORE THE BOARD OF DIRECTORS, WHICH MEET ON A MONTHLY BASIS. EVERYTHING FROM SELECTION OF COACHES FOR FOOTBALL AND CHEER, TO THE SELECTION OF SERVICE PROVIDERS IS DISCUSSED AND DOCUMENTED IN THE MONTHLY BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS OF THE FYAA ARE AVAILABLE TO THE PUBLIC UPON REQUEST. DOCUMENTS SO REQUESTED WILL BE MADE AVAILABLE ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07082542906
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKFORT YOUTH ATHLETIC ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0200765026
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1213
ReturnHeader/Filer/USAddress/CityNm0Frankfort
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0800891788
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAMBRIDGE FINANCIAL SOLUTIONS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022548 Port Weller Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Frankfort
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060423
ReturnHeader/PreparerPersonGrp/PhoneNum06302908498
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK HAYES
ReturnHeader/ReturnTs02022-05-16T22:43:57-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FIFE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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