Civic Intelligence

Marvateens Gymnastics Inc

990 • Fiscal year 2017 • EIN 23-7209537

Sep 01, 2016 to Aug 31, 2017 • Filed on Jan 23, 2018

5636 Randolph RoadRockville, MD 20852-2604

(301) 468-9181

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

29th percentile

-5.4%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$80,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 32.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

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

Revenue Growth

57th percentile

5.5%

Faster revenue growth than 57% of similar nonprofits.

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

Assets

Down

$45,756

Down $13,179 (-22%) from 2016

Net Assets

Down

$45,756

Down $13,179 (-22%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$243,957

Up $12,813 (+5.5%) from 2016

Expenses

Up

$257,136

Up $14,791 (+6.1%) from 2016

Net Income

Down

-$13,179

Down $1,978 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $44,044Liabilities 2011: $0Net Assets 2011: $44,0442011Assets 2012: $52,622Liabilities 2012: $0Net Assets 2012: $52,6222012Assets 2013: $68,760Liabilities 2013: $0Net Assets 2013: $68,7602013Assets 2014: $68,403Liabilities 2014: $0Net Assets 2014: $68,4032014Assets 2015: $70,136Liabilities 2015: $0Net Assets 2015: $70,1362015Assets 2016: $58,935Liabilities 2016: $0Net Assets 2016: $58,9352016Assets 2017: $45,756Liabilities 2017: $0Net Assets 2017: $45,7562017Assets 2018: $48,737Liabilities 2018: $0Net Assets 2018: $48,7372018Assets 2019: $39,522Liabilities 2019: $0Net Assets 2019: $39,5222019Assets 2020: $16,556Liabilities 2020: $0Net Assets 2020: $16,5562020Assets 2021: $3,691Liabilities 2021: $0Net Assets 2021: $3,6912021

Highlighted filing

2017

Assets$45,756
Liabilities$0
Net Assets$45,756

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $288,7822011Expenses 2012: $236,1082012Expenses 2013: $238,8122013Revenue 2014: $263,135Expenses 2014: $263,492Net Income 2014: -$3572014Revenue 2015: $301,718Expenses 2015: $299,985Net Income 2015: $1,7332015Revenue 2016: $231,144Expenses 2016: $242,345Net Income 2016: -$11,2012016Revenue 2017: $243,957Expenses 2017: $257,136Net Income 2017: -$13,1792017Revenue 2018: $231,598Expenses 2018: $228,617Net Income 2018: $2,9812018Revenue 2019: $209,918Expenses 2019: $219,133Net Income 2019: -$9,2152019Revenue 2020: $148,816Expenses 2020: $171,782Net Income 2020: -$22,9662020Revenue 2021: $21,834Expenses 2021: $34,699Net Income 2021: -$12,8652021

Highlighted filing

2017

Revenue$243,957
Expenses$257,136
Net Income-$13,179
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jan 23, 2018
Return Version
2016v3.0
Gross Receipts
$270,770
Mission and Program Overview

Mission

Education and training for participation in competitive gynmastics at all levels: local, state, regional, national, and international.

Education and training for participation in competitive gymnastics at all levels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$58,935$45,756▼ $13,179
Land, Buildings, and Equipment, Net$42,530$37,576▼ $4,954
Cash and Non-Interest-Bearing Accounts$16,405$8,180▼ $8,225
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$58,935$45,756▼ $13,179
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,935$45,756▼ $13,179
Total Liabilities and Net Assets / Fund Balance$58,935$45,756▼ $13,179

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$37,576$22,041$59,617
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mike DileoExecutive DirectorPT$80,000$80,000

Board Members and Trustees

NameTitle
Brooke BruthersPresident
Lizzy MenardVice-president
Denise LockhartLevel Representative
Stephanie HartLevel Representative
Katherine HerreraSecretary
Jeff SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,166
Program Service Revenue
$261,385
Investment Income
$19
Other Revenue
$-19,613
Change in Net Assets
$-13,179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$162,370
Salaries, Compensation, and Employee Benefits$94,766
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$40,000$40,000-$80,000
All Other Expenses$25,194$1,276-$26,470
Occupancy$24,766--$24,766
Insurance$10,664--$10,664
Travel$9,390--$9,390
Other Expenses$14,822$8,000-$8,000
Other Salaries and Wages$7,800--$7,800
Payroll Taxes$3,792$3,174-$6,966
Depreciation Depletion$5,074--$5,074
Fees for Services Accounting-$1,800-$1,800
Office Expenses-$30-$30
Total Functional Expenses$202,856$54,280$0$257,136
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$26,813
Fundraising Gross Income$7,200
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

From 990 was provided to the organization's governing body upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Marvateens Gymnastics Inc
EIN
23-7209537
Phone
3014689181
Address
5636 RANDOLPH ROAD, ROCKVILLE, MD 20852-2604

Signing Officer

Name
Michael Dileo
Title
Executive Director
Phone
3014689181
Signed
2018-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Dileo
Formed
1971
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
0

Preparer

Firm
Jordan Tempchin and Associates Pc
Address
8737 COLESVILLE RD SUITE 900, SILVER SPRING, MD 20910
Preparer
Rosemarie J Heintschel
Phone
3015653577
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Supplies: program service expenses 6,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,965. Trophies & awards: program service expenses 6,126. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,126. Awards, banquets & team parties: program service expenses 4,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,600. Per diem & meals: program service expenses 1,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,800. Gifts: program service expenses 1,755. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,755. Operating expenses: program service expenses 1,327. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,327. Payroll service: program service expenses 0. Management and general expenses 1,276. Fundraising expenses 0. Total expenses 1,276. Meet administration fees: program service expenses 1,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,150. Taxes & licenses: program service expenses 615. Management and general expenses 0. Fundraising expenses 0. Total expenses 615. Dues: program service expenses 466. Management and general expenses 0. Fundraising expenses 0. Total expenses 466. Clinics & workshops: program service expenses 350. Management and general expenses 0. Fundraising expenses 0. Total expenses 350. Professional services: program service expenses 40. Management and general expenses 0. Fundraising expenses 0. Total expenses 40.

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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt027000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt027000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt08600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt013700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt014375
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt090675
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0263551
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0239541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0297815
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0265081
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0254920
IRS990ScheduleA/Total509Grp/TotalAmt01320908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0263570
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0239620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0297841
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0265111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0254950
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01321092
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt037576
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022041
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059617
IRS990ScheduleD/TotalBookValueLandBuildingsAmt037576
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FROM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES: PROGRAM SERVICE EXPENSES 6,965. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,965. TROPHIES & AWARDS: PROGRAM SERVICE EXPENSES 6,126. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,126. AWARDS, BANQUETS & TEAM PARTIES: PROGRAM SERVICE EXPENSES 4,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,600. PER DIEM & MEALS: PROGRAM SERVICE EXPENSES 1,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,800. GIFTS: PROGRAM SERVICE EXPENSES 1,755. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,755. OPERATING EXPENSES: PROGRAM SERVICE EXPENSES 1,327. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,327. PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,276. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,276. MEET ADMINISTRATION FEES: PROGRAM SERVICE EXPENSES 1,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,150. TAXES & LICENSES: PROGRAM SERVICE EXPENSES 615. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 615. DUES: PROGRAM SERVICE EXPENSES 466. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 466. CLINICS & WORKSHOPS: PROGRAM SERVICE EXPENSES 350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350. PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 40. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0521219468
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0TEACHING GYMNASTICS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MARVA TOTS N TEENS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt05636 RANDOLPH ROAD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0ROCKVILLE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd020852
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt058935
IRS990/TotalAssetsEOYAmt045756
IRS990/TotalAssetsGrp/BOYAmt058935
IRS990/TotalAssetsGrp/EOYAmt045756
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02166
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054280
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0202856
IRS990/TotalFunctionalExpensesGrp/TotalAmt0257136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058935
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt045756
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0202856
IRS990/TotalProgramServiceRevenueAmt0261385
IRS990/TotalReportableCompFromOrgAmt080000
IRS990/TotalRevenueGrp/ExclusionAmt0-19594
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0261385
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0243957
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt058935
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt045756
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt09390
IRS990/TravelGrp/TotalAmt09390
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05636 RANDOLPH ROAD
IRS990/USAddress/CityNm0ROCKVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020852
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL DILEO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03014689181
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARVATEENS GYMNASTICS INC
ReturnHeader/Filer/BusinessNameControlTxt0MARV
ReturnHeader/Filer/EIN0237209537
ReturnHeader/Filer/PhoneNum03014689181

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