Civic Intelligence

Danville Aquatic Club Inc

990EZ • Fiscal year 2016 • EIN 20-2592865

Sep 01, 2015 to Aug 31, 2016 • Filed on Apr 08, 2017

3245 Tates Creek RoadLexington, KY 40502

(859) 539-7075

Siviq Scores

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

Liabilities / Assets

85th percentile

0.30x

Higher debt load relative to assets than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

0.21x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

49th percentile

2.8%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

92nd percentile

$48,750

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

35th percentile

-5.1%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

-1.2%

Faster revenue growth than 46% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$132,031

Down $7,102 (-5.1%) from 2015

Net Assets

$92,618

No earlier filing loaded for comparison.

Liabilities

Down

$39,413

Down $12,413 (-24%) from 2015

Revenue

Down

$189,253

Down $2,339 (-1.2%) from 2015

Expenses

Up

$183,942

Up $36,263 (+25%) from 2015

Net Income

Down

$5,311

Down $38,602 (-88%) from 2015

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $41,173Liabilities 2012: $4,1102012Assets 2013: $98,065Liabilities 2013: $79,8702013Assets 2014: $118,456Liabilities 2014: $75,062Net Assets 2014: $43,3942014Assets 2015: $139,133Liabilities 2015: $51,8262015Assets 2016: $132,031Liabilities 2016: $39,413Net Assets 2016: $92,6182016Assets 2017: $143,310Liabilities 2017: $35,4222017

Highlighted filing

2016

Assets$132,031
Liabilities$39,413
Net Assets$92,618

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $148,778Expenses 2012: $132,371Net Income 2012: $16,4072012Revenue 2013: $169,190Expenses 2013: $188,058Net Income 2013: -$18,8682013Revenue 2014: $178,211Expenses 2014: $153,012Net Income 2014: $25,1992014Revenue 2015: $191,592Expenses 2015: $147,679Net Income 2015: $43,9132015Revenue 2016: $189,253Expenses 2016: $183,942Net Income 2016: $5,3112016Revenue 2017: $199,290Expenses 2017: $184,020Net Income 2017: $15,2702017

Highlighted filing

2016

Revenue$189,253
Expenses$183,942
Net Income$5,311
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Apr 8, 2017
Return Version
2015v3.0
Gross Receipts
$189,253
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HELPS SWIMMERS REACH THEIR FULL POTENTIAL STUDENTS ARE ENCOURAGED AND MAY RECEIVE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO PURSUE A COLLEGE DEGREE-$183,942
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROGER KEHRTBoard MemberFT$48,750-$48,750
PAT DIXONBoard MemberPT$0--
MIKE PORTERBoard MemberPT$0--
ROGER DAMANBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Bluegrass Swim Team Inc
EIN
20-2592865
Address
3245 TATES CREEK ROAD, LEXINGTON, KY 40502

Signing Officer

Name
Roger Kehrt
Title
Board Member
Phone
8595397075
Signed
2017-04-08
Discuss with paid preparer
No

Preparer

Firm
Charles R Murphy CPA
Address
3263 TATES CREEK ROAD, LEXINGTON, KY 40502
Preparer
Charles R Murphy CPA
Phone
8593129014
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990-ez, part iii - primary exempt purposebst is a uss, united states swimming association year round competitive swim team offering high quality professional coaching and technique instruction for all ages and abilities.the goal of the team is to provide every member an opportunity to improve swimming skills and achieve success at his or her level of ability, from novice to international competitor.form 990-ez, part iii, line 28 - first accomplishmentbst is a uss, united states swimming association year round competitive swim team offering high quality professional coaching and technique instruction for all ages and abilities.the goal of the team is to provide every member an opportunity to improve swimming skills and achieve success at his or her level of ability.

Description of other expenses Part I line 16

Description AmountACCOUNTING 192ADVERTISING 1,070BANK FEES 370POOL RENTAL 3,675PERMITS 312UTILITIES 35,671MEALS AND ENTERTAINMENT 188MEET EXPENSE 8,807WEBSITE 1,593INSURANCE 7,829OFFICE SUPPLIES 322PROPERTY TAX 1,183REGISTRATIONS 456TRAINING 516POOL EQUIPMENT/SUPPLIES/REPAIRS 16,493PAYPAL 6INTEREST 1,937PAYROLL TAX 6,886BANQUET COST 1,691STORAGE COST 1,260SUBSCRIPTIONS 100

Description of other assets Part II line 24

Category Beginning of Year End of YearPRIOR EQUITY ADJ 6,962 6,962

Description of total liabilities Part II line 26

Category Beginning of Year End of YearESCROW ACCOUNT 2,610 3,680NOTE PAYABLE 42,469 27,377PAYROLL TAXES 1,747 4,356POOL LOAN PAYABLE 5,000 0ST NOTE PAYABLE 0 4,000

Raw XML Appendix146 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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IRS990EZ/BooksInCareOfDetail/PhoneNum08595397075
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lexington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROGER DAMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROGER KEHRT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06962
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IRS990EZ/OtherExpensesTotalAmt090557
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HELPS SWIMMERS REACH THEIR FULL POTENTIAL STUDENTS ARE ENCOURAGED AND MAY RECEIVE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO PURSUE A COLLEGE DEGREE
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III - PRIMARY EXEMPT PURPOSEBST IS A USS, UNITED STATES SWIMMING ASSOCIATION YEAR ROUND COMPETITIVE SWIM TEAM OFFERING HIGH QUALITY PROFESSIONAL COACHING AND TECHNIQUE INSTRUCTION FOR ALL AGES AND ABILITIES.THE GOAL OF THE TEAM IS TO PROVIDE EVERY MEMBER AN OPPORTUNITY TO IMPROVE SWIMMING SKILLS AND ACHIEVE SUCCESS AT HIS OR HER LEVEL OF ABILITY, FROM NOVICE TO INTERNATIONAL COMPETITOR.FORM 990-EZ, PART III, LINE 28 - FIRST ACCOMPLISHMENTBST IS A USS, UNITED STATES SWIMMING ASSOCIATION YEAR ROUND COMPETITIVE SWIM TEAM OFFERING HIGH QUALITY PROFESSIONAL COACHING AND TECHNIQUE INSTRUCTION FOR ALL AGES AND ABILITIES.THE GOAL OF THE TEAM IS TO PROVIDE EVERY MEMBER AN OPPORTUNITY TO IMPROVE SWIMMING SKILLS AND ACHIEVE SUCCESS AT HIS OR HER LEVEL OF ABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountACCOUNTING 192ADVERTISING 1,070BANK FEES 370POOL RENTAL 3,675PERMITS 312UTILITIES 35,671MEALS AND ENTERTAINMENT 188MEET EXPENSE 8,807WEBSITE 1,593INSURANCE 7,829OFFICE SUPPLIES 322PROPERTY TAX 1,183REGISTRATIONS 456TRAINING 516POOL EQUIPMENT/SUPPLIES/REPAIRS 16,493PAYPAL 6INTEREST 1,937PAYROLL TAX 6,886BANQUET COST 1,691STORAGE COST 1,260SUBSCRIPTIONS 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPRIOR EQUITY ADJ 6,962 6,962
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearESCROW ACCOUNT 2,610 3,680NOTE PAYABLE 42,469 27,377PAYROLL TAXES 1,747 4,356POOL LOAN PAYABLE 5,000 0ST NOTE PAYABLE 0 4,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER KEHRT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum08595397075
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLUEGRASS SWIM TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0BLUE
ReturnHeader/Filer/EIN0202592865
ReturnHeader/Filer/USAddress/AddressLine1Txt03245 TATES CREEK ROAD
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040502
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHARLES R MURPHY CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03263 TATES CREEK ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040502
ReturnHeader/PreparerPersonGrp/PhoneNum08593129014
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES R MURPHY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-04-06T17:03:46-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

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