Civic Intelligence

Steele Creek Athletic Association Inc.

990 • Fiscal year 2017 • EIN 23-7005340

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

P O Box 7195Charlotte, NC 28241-7195

(803) 322-0611

Siviq Scores

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

Liabilities / Assets

61st percentile

0.09x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.10x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

60th percentile

7.8%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

47th percentile

2.0%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

71st percentile

20%

Faster revenue growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$655,382

Up $13,092 (+2.0%) from 2016

Net Assets

Up

$599,012

Up $24,116 (+4.2%) from 2016

Liabilities

Down

$56,370

Down $11,024 (-16%) from 2016

Revenue

Up

$570,764

Up $93,865 (+20%) from 2016

Expenses

Up

$526,255

Up $112,363 (+27%) from 2016

Net Income

Down

$44,509

Down $18,498 (-29%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $586,305Liabilities 2015: $71,522Net Assets 2015: $514,7832015Assets 2016: $642,290Liabilities 2016: $67,394Net Assets 2016: $574,8962016Assets 2017: $655,382Liabilities 2017: $56,370Net Assets 2017: $599,0122017Assets 2019: $569,783Liabilities 2019: $19,903Net Assets 2019: $549,8802019Assets 2020: $560,478Liabilities 2020: $14,359Net Assets 2020: $546,1192020Assets 2021: $600,444Liabilities 2021: $9,440Net Assets 2021: $591,0042021Assets 2022: $594,937Liabilities 2022: $4,520Net Assets 2022: $590,4172022

Highlighted filing

2017

Assets$655,382
Liabilities$56,370
Net Assets$599,012

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $454,818Expenses 2015: $385,538Net Income 2015: $69,2802015Revenue 2016: $476,899Expenses 2016: $413,892Net Income 2016: $63,0072016Revenue 2017: $570,764Expenses 2017: $526,255Net Income 2017: $44,5092017Revenue 2019: $357,025Expenses 2019: $355,375Net Income 2019: $1,6502019Revenue 2020: $222,911Expenses 2020: $219,229Net Income 2020: $3,6822020Revenue 2021: $384,963Expenses 2021: $340,076Net Income 2021: $44,8872021Revenue 2022: $414,714Expenses 2022: $415,302Net Income 2022: -$5882022

Highlighted filing

2017

Revenue$570,764
Expenses$526,255
Net Income$44,509
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$575,172
Mission and Program Overview

Mission

To provide athletic opportunities to the children of the area in and around the Steele Creek Commmunity regardless of sex, race, or religion.

Provide athletic programs for the Steele Creek community without re gard to sex race or religion Scholarships are available for kids

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$519,146$514,671▼ $4,475
Cash and Non-Interest-Bearing Accounts$101,505$140,711▲ $39,206
Loans From Officers Directors-$4,000-
Accounts Receivable$1,246--
Total Assets$621,897$655,382▲ $33,485
Liabilities
Mortgage Notes Payable Secured by Investment Property$67,394$46,693▼ $20,701
Accounts Payable and Accrued Expenses-$5,677-
Total Liabilities$67,394$56,370▼ $11,024
Net Assets / Fund Balance
Unrestricted Net Assets$554,503$599,012▲ $44,509
Total Net Assets Fund Balance$554,503$599,012▲ $44,509
Total Liabilities and Net Assets / Fund Balance$621,897$655,382▲ $33,485

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$48,220$33,219-
Other Land Buildings$2,123$230,174-
Land$462,596--
Equipment$1,732$56,559-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike PatulskiChairman of the Board
Randy HelmsPresident
Eddie YoungVice President
Janet MacwhirterVice President
John HarmuthVice President
Tim SosebeeVice President
Carla BrazzellBoard Member
Dawn HolmesBoard Member
Doug KeelanBoard Member
Greg WasikBoard Member
Jimmy HarrisBoard Member
Laron GordanBoard Member
Linda LouisBoard Member
Mike JonesBoard Member
Rodger NoldenBoard Member
Stuart LailBoard Member
Tom SorianoBoard Member
Joan DepalmaSecretary
Maria ReyesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,416
Program Service Revenue
$459,388
Investment Income
$0
Other Revenue
$21,960
All Other Contributions
$44,854
Change in Net Assets
$44,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,863
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
Benefits to Members$411,392--$411,392
Fees for Services Other$18,025$9,793-$27,818
Fees for Services Accounting-$13,027-$13,027
Insurance-$7,462-$7,462
Other Expenses$7,763$6,104-$6,104
Office Expenses-$4,511-$4,511
Depreciation Depletion-$4,475-$4,475
All Other Expenses-$4,105-$4,105
Advertising-$4,018-$4,018
Interest-$2,314-$2,314
Occupancy-$1,003-$1,003
Information Technology-$575-$575
Total Functional Expenses$437,180$89,075$0$526,255
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,926
Fundraising Direct Expenses$4,408
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Randy HelmsPresidentUmpire assignorNo$18,630

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$4,000-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

Part VI Line 11B

The President and a Vice president reviewed the return before

Part VI Line 11B

filing. Board Members will review at next Board Meeting.

Part VI Line 18

Form 990s are avaialable at the Community House office

Part VI Line 18

upon request.

Part VI Line 19

Governing documents and tax returns are avaialable at the

Part VI Line 19

Community House office upon request.

Part VI Line 6

The organization has members.

Part VI Line 7A

The members of the organization elect all members

Part VI Line 7A

of the governing body.

Part VI Line 11B

All board memebers were not able to receive a copy of the

Part VI Line 11B

return, but will review at the subsequent board meeting.

Part VI Line 11B

The President and a vice president reviewed the return

Part VI Line 11B

before filing.

Filing and Contact Details

Filer

Filer Name
Steele Creek Athletic Association
EIN
23-7005340
In Care Of
% Randy Helms
Phone
8033220611
Address
P O Box 7195, Charlotte, NC 28241-7195

Signing Officer

Name
Randy Helms
Title
President
Phone
7047793635
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Watson
Formed
1960
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
1

Preparer

Firm
Carol A Reithmiller CPA PLLC
Address
11020 S Tryon St 406, Charlotte, NC 28273
Preparer
Carol a Reithmiller
Phone
7045839090
Supplemental Narrative

Additional Explanations

Part IX Line 11G

Porta-Johns Total expenses - $3515.00 Program service expenses - $0.00 Mgmt and general expenses - $3515.00 Fundraising expenses - $0.00

Part IX Line 11G

Trash Pick-up Total expenses - $5600.00 Program service expenses - $0.00 Mgmt and general expenses - $5600.00 Fundraising expenses - $0.00

Part IX Line 11G

Equipment Repairs Total expenses - $678.00 Program service expenses - $0.00 Mgmt and general expenses - $678.00 Fundraising expenses - $0.00

Part IX Line 11G

Mowing Total expenses - $18025.00 Program service expenses - $18025.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00

Part IX Line 24E

Miscellaneous Total expenses - $1292.00 Program service expenses - $0.00 Mgmt and general expenses - $1292.00 Fundraising expenses - $0.00

Part IX Line 24E

Fuel Total expenses - $90.00 Program service expenses - $0.00 Mgmt and general expenses - $90.00 Fundraising expenses - $0.00

Part IX Line 24E

Sales tax paid Total expenses - $2723.00 Program service expenses - $0.00 Mgmt and general expenses - $2723.00 Fundraising expenses - $0.00

Part III Line 4D

Expenses: $6386.00 including grants of: $0.00 Revenue: $3975.00

Part III Line 4D

Cheerleading

Part III Line 4D

Expenses: $21253.00 including grants of: $0.00 Revenue: $22545.00

Part III Line 4D

Softball

Part III Line 4D

Expenses: $38523.00 including grants of: $0.00 Revenue: $20869.00

Part III Line 4D

Boy Scouts

Part III Line 4D

Cheerleading Expenses 6,386 Revenue 3,975

Part III Line 4D

Provided opportunity for 22 community children

Part III Line 4D

for cheerleading training.

Part III Line 4D

Softball Expenses $21,253 Revenue $22,545

Part III Line 4D

Provided opportunity for 126 children to play

Part III Line 4D

softball during the year.

Part III Line 4D

Boy Scout Expenses $38,523 Revenue $ 20,869

Part III Line 4D

Provided opportunity for community children to

Part III Line 4D

participate in Boy Scout Activities.

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IRS990/MissionDesc0To provide athletic opportunities to the children of the area in and around the Steele Creek Commuity regardless of sex, race, or religion.
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IRS990/OtherExpensesGrp/Desc1Utilities
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26104
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IRS990/PrincipalOfficerNm0RAY WATSON
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IRS990/ProgramServiceRevenueGrp/BusinessCd2713940
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IRS990/ProgramServiceRevenueGrp/Desc0Baseball
IRS990/ProgramServiceRevenueGrp/Desc1Soccer
IRS990/ProgramServiceRevenueGrp/Desc2Softball
IRS990/ProgramServiceRevenueGrp/Desc3Football
IRS990/ProgramServiceRevenueGrp/Desc4Cheerleading
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1305686
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IRS990/ProgSrvcAccomActy3Grp/Desc0Provided opportunities for 200 community children to play football during the year.
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