Civic Intelligence

Quaker Valley Recreation Association

990 • Fiscal year 2015 • EIN 25-1565977

Nov 01, 2014 to Oct 31, 2015 • Filed on Sep 15, 2016

PO Box 388Sewickley, PA 15143

(412) 498-2715

Siviq Scores

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

Liabilities / Assets

67th percentile

0.27x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

91st percentile

2.69x

Higher debt load relative to revenue than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

78th percentile

18%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

Up

$3,435,852

Up $1,576,892 (+85%) from 2010

Net Assets

Up

$2,493,041

Up $634,081 (+34%) from 2010

Liabilities

Up

$942,811

Up $942,811 from 2010

Revenue

$349,959

No earlier filing loaded for comparison.

Expenses

Up

$285,217

Up $53,709 (+23%) from 2010

Net Income

$64,742

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,858,960Liabilities 2010: $0Net Assets 2010: $1,858,9602010Assets 2015: $3,435,852Liabilities 2015: $942,811Net Assets 2015: $2,493,0412015Assets 2016: $3,459,300Liabilities 2016: $935,811Net Assets 2016: $2,523,4892016Assets 2017: $3,438,582Liabilities 2017: $922,811Net Assets 2017: $2,515,7712017Assets 2018: $3,445,514Liabilities 2018: $866,811Net Assets 2018: $2,578,7032018Assets 2019: $3,435,206Liabilities 2019: $761,811Net Assets 2019: $2,673,3952019Assets 2020: $3,393,788Liabilities 2020: $761,811Net Assets 2020: $2,631,9772020Assets 2021: $3,502,030Liabilities 2021: $749,289Net Assets 2021: $2,752,7412021Assets 2022: $3,473,971Liabilities 2022: $737,433Net Assets 2022: $2,736,5382022

Highlighted filing

2015

Assets$3,435,852
Liabilities$942,811
Net Assets$2,493,041

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $231,5082010Revenue 2015: $349,959Expenses 2015: $285,217Net Income 2015: $64,7422015Revenue 2016: $332,265Expenses 2016: $301,126Net Income 2016: $31,1392016Revenue 2017: $223,799Expenses 2017: $231,517Net Income 2017: -$7,7182017Revenue 2018: $267,216Expenses 2018: $204,284Net Income 2018: $62,9322018Revenue 2019: $342,645Expenses 2019: $247,953Net Income 2019: $94,6922019Revenue 2020: $145,474Expenses 2020: $186,890Net Income 2020: -$41,4162020Revenue 2021: $330,074Expenses 2021: $209,310Net Income 2021: $120,7642021Revenue 2022: $259,992Expenses 2022: $276,195Net Income 2022: -$16,2032022

Highlighted filing

2015

Revenue$349,959
Expenses$285,217
Net Income$64,742
Jump To
Filing Snapshot
Filing Period
Nov 1, 2014 to Oct 31, 2015
Signed
Sep 15, 2016
Return Version
2014v6.0
Gross Receipts
$349,959
Mission and Program Overview

Mission

To develop and promote youth education, recreation, athletic and social programs within the Quaker Valley School District to combat delinquency, lessen neighborhood tensions, and eliminate prejudice and discrimination; improve community relations; to provide assistance to youth.

To develop and promote youth education, recreation, athletic and social programs within the quaker valley school district to combat delinquency, lessen neighborhood tensions and eliminate prejudice and discrimination; improve community relations; to provide assistance to youth

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,302,139$3,366,499▲ $64,360
Cash and Non-Interest-Bearing Accounts$79,971$69,353▼ $10,618
Total Assets$3,382,110$3,435,852▲ $53,742
Liabilities
Mortgage Notes Payable Secured by Investment Property$740,195$730,195▼ $10,000
Unsecured Notes Loans Payable$213,616$212,616▼ $1,000
Total Liabilities$953,811$942,811▼ $11,000
Net Assets / Fund Balance
Unrestricted Net Assets$2,428,299$2,493,041▲ $64,742
Total Net Assets Fund Balance$2,428,299$2,493,041▲ $64,742
Total Liabilities and Net Assets / Fund Balance$3,382,110$3,435,852▲ $53,742

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,176,222-$3,176,222
Equipment$190,277$59,723$250,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff LiptonPresident
Aaron PonzoDirector
Jamie IrvingDirector
Jean BleyDirector
Joseph MarroneDirector
Mark HudsonDirector
Mark OttoDirector
Nellie KrausDirector
Tom KunyDirector
Tom RayDirector
Joel SwansonSecretary
Scott FrancisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,258
Program Service Revenue
$192,701
Investment Income
$0
Other Revenue
$0
All Other Contributions
$157,258
Change in Net Assets
$64,742
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,217
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
All Other Expenses$81,660--$81,660
Occupancy$66,814--$66,814
Interest$28,866--$28,866
Depreciation Depletion$16,667--$16,667
Insurance$12,495--$12,495
Fees for Services Accounting-$6,075-$6,075
Other Expenses$3,745--$3,745
Advertising$3,029--$3,029
Fees for Services Legal-$850-$850
Information Technology-$828-$828
Office Expenses-$606-$606
Total Functional Expenses$276,858$8,359$0$285,217
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

Member election for additional members Part VI line 7A

The directors are elected by the participants, in accordance with the by-laws, in person or by proxy at the annual meeting of the participants held annually.

Form 990 governing body review Part VI line 11

A copy of the form 990 is provided to the president. It is then posted on the organizations website for limited view by the board members after the return is filed.

Conflict of interest policy compliance Part VI line 12C

The organization provides its governing documents, conflict of interest policy, and financial statemetns upon request.

Governing documents etc available to public Part VI line 19

Governing documents and copy of the tax return are available t the public upon request.

Filing and Contact Details

Filer

Filer Name
Quaker Valley Recreation Association
EIN
25-1565977
Address
PO BOX 388, SEWICKLEY, PA 15143

Signing Officer

Name
Scott Francis
Title
Treasurer
Phone
4122229522
Signed
2016-09-15
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Bould & Associates Pc
Address
429 FORBES AVENUE STE 1312, Pittsburgh, PA 15219
Preparer
Brian W Rigatti
Phone
4126422355
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Coaching: $27,407officiating: $21,275special events: $2,740concession supplies: $3,855meals: $2917project management: $1,254

General explanation attachment

Form 990, part i, line 1, to develop and promote youth education, recreation, athletic and social programs within the quaker valley school district to combat delinquency, lessen neighborhood tensions and eliminate prejudice and discrimination; improve community relations; to provide assistance to youth with health problems; and to contribue to established charities and cooperate with federal, state and local governmental agencies in furtherance of these purposes.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS ARE ELECTED BY THE PARTICIPANTS, IN ACCORDANCE WITH THE BY-LAWS, IN PERSON OR BY PROXY AT THE ANNUAL MEETING OF THE PARTICIPANTS HELD ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE PRESIDENT. IT IS THEN POSTED ON THE ORGANIZATIONS WEBSITE FOR LIMITED VIEW BY THE BOARD MEMBERS AFTER THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMETNS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND COPY OF THE TAX RETURN ARE AVAILABLE T THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COACHING: $27,407OFFICIATING: $21,275SPECIAL EVENTS: $2,740CONCESSION SUPPLIES: $3,855MEALS: $2917PROJECT MANAGEMENT: $1,254
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART I, LINE 1, TO DEVELOP AND PROMOTE YOUTH EDUCATION, RECREATION, ATHLETIC AND SOCIAL PROGRAMS WITHIN THE QUAKER VALLEY SCHOOL DISTRICT TO COMBAT DELINQUENCY, LESSEN NEIGHBORHOOD TENSIONS AND ELIMINATE PREJUDICE AND DISCRIMINATION; IMPROVE COMMUNITY RELATIONS; TO PROVIDE ASSISTANCE TO YOUTH WITH HEALTH PROBLEMS; AND TO CONTRIBUE TO ESTABLISHED CHARITIES AND COOPERATE WITH FEDERAL, STATE AND LOCAL GOVERNMENTAL AGENCIES IN FURTHERANCE OF THESE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT FRANCIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04122229522
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUAKER VALLEY RECREATION ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0QUAK
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ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 388
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251869129
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOULD & ASSOCIATES PC

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