Civic Intelligence

Hayden Synchronized Skating Teams Inc C/O Gail Hanson-Mayer

990 • Fiscal year 2017 • EIN 27-2242233

May 01, 2016 to Apr 30, 2017 • Filed on Mar 05, 2018

26 Eastern AvenueLexington, MA 02421

(781) 862-7153

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.20x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

73rd percentile

$110,000

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

49th percentile

3.0%

Faster asset growth than 49% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

24th percentile

-7.0%

Faster revenue growth than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$649,406

Up $18,942 (+3.0%) from 2016

Net Assets

Up

$393,459

Up $27,659 (+7.6%) from 2016

Liabilities

Down

$255,947

Down $8,717 (-3.3%) from 2016

Revenue

Down

$1,306,004

Down $98,336 (-7.0%) from 2016

Expenses

Down

$1,278,345

Down $108,261 (-7.8%) from 2016

Net Income

Up

$27,659

Up $9,925 (+56%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $630,464Liabilities 2016: $264,664Net Assets 2016: $365,8002016Assets 2017: $649,406Liabilities 2017: $255,947Net Assets 2017: $393,4592017Assets 2018: $518,238Liabilities 2018: $270,896Net Assets 2018: $247,3422018Assets 2019: $547,984Liabilities 2019: $316,428Net Assets 2019: $231,5562019Assets 2021: $547,357Liabilities 2021: $292,984Net Assets 2021: $254,3732021Assets 2022: $867,521Liabilities 2022: $490,482Net Assets 2022: $377,0392022Assets 2023: $968,678Liabilities 2023: $575,219Net Assets 2023: $393,4592023Assets 2024: $1,242,152Liabilities 2024: $497,696Net Assets 2024: $744,4562024Assets 2025: $1,384,040Liabilities 2025: $540,968Net Assets 2025: $843,0722025

Highlighted filing

2017

Assets$649,406
Liabilities$255,947
Net Assets$393,459

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $1,404,340Expenses 2016: $1,386,606Net Income 2016: $17,7342016Revenue 2017: $1,306,004Expenses 2017: $1,278,345Net Income 2017: $27,6592017Revenue 2018: $1,264,980Expenses 2018: $1,411,097Net Income 2018: -$146,1172018Revenue 2019: $1,366,889Expenses 2019: $1,382,675Net Income 2019: -$15,7862019Revenue 2021: $1,237,238Expenses 2021: $1,136,972Net Income 2021: $100,2662021Revenue 2022: $1,759,773Expenses 2022: $1,637,107Net Income 2022: $122,6662022Revenue 2023: $2,130,335Expenses 2023: $2,113,915Net Income 2023: $16,4202023Revenue 2024: $2,549,392Expenses 2024: $2,198,395Net Income 2024: $350,9972024Revenue 2025: $2,534,527Expenses 2025: $2,435,911Net Income 2025: $98,6162025

Highlighted filing

2017

Revenue$1,306,004
Expenses$1,278,345
Net Income$27,659
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Mar 5, 2018
Return Version
2016v3.0
Gross Receipts
$1,391,109
Mission and Program Overview

Mission

To support the amateur sport of synchronized team skating and to provide a structure by which skaters can come together for the purpose of training for local, national and international competitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$543,037$603,589▲ $60,552
Rtn Earn Endowment Incm Other Fnds$365,800$393,459▲ $27,659
Prepaid Expenses and Deferred Charges$32,981$24,991▼ $7,990
Other Notes and Loans Receivable, Net$15,000--
Accounts Receivable$21,747$6,829▼ $14,918
Land, Buildings, and Equipment, Net$3,754$5,634▲ $1,880
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$630,464$649,406▲ $18,942
Other Assets Total$13,945$8,363▼ $5,582
Liabilities
Deferred Revenue$215,786$243,699▲ $27,913
Accounts Payable and Accrued Expenses$48,878$12,248▼ $36,630
Total Liabilities$264,664$255,947▼ $8,717
Net Assets / Fund Balance
Total Net Assets Fund Balance$365,800$393,459▲ $27,659
Total Liabilities and Net Assets / Fund Balance$630,464$649,406▲ $18,942

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,634$6,140$11,774
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Saga KrantzCoachFT$110,000$110,000

Board Members and Trustees

NameTitle
Gail Hanson-mayerPresident
David CamposDirector
Franny CoeDirector
Gianni MarosticaDirector
Jill FeltonDirector
Kelly RequadtDirector
Joan JonesSecretary
Sanjay AggarwalTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,298,984
Program Service Revenue
$0
Investment Income
$491
Other Revenue
$6,529
All Other Contributions
$115,796
Change in Net Assets
$27,659

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,273,266
Revenue Not Reported on Financial Statements
$32,738
Revenue Not Reported on Form 990
$85,105
Other Revenue Adjustments
$32,738
Total Revenue per Audited Statements
$1,358,371
Total Revenue per Form 990
$1,306,004
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,052,158
Salaries, Compensation, and Employee Benefits$223,287
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$410,847--$410,847
Current Officers, Directors, Trustees, and Key Employees$110,000--$110,000
Other Salaries and Wages$94,076--$94,076
Other Expenses$70,539$43,960-$43,960
All Other Expenses$630$38,514-$39,144
Fees for Services Accounting-$19,274-$19,274
Payroll Taxes$19,211--$19,211
Fees for Services Legal-$5,300-$5,300
Benefits to Members$2,900--$2,900
Depreciation Depletion-$1,400-$1,400
Total Functional Expenses$1,169,897$108,448$0$1,278,345

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,360,550
Total Expenses per Form 990$1,278,345
Expenses per Audited Statements$1,275,445
Expenses Not Reported on Form 990$85,105
Expenses Not Reported on Financial Statements$2,900
Other Expense Adjustments$2,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,634
Fundraising Direct Expenses$85,105
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Camp$67,628$67,628$38,424$29,204
Fundraising$24,006$24,006$46,681$-22,675
Total Events$91,634$91,634$85,105$6,529
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
Audit committee
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
Yes
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

Sent to bod/treasurer for review and approval.

Form 990, Part VI, Section B, Line 15B

COMPARABILITY DATA

Form 990, Part VI, Section C, Line 19

AVAIALBLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Hayden Synchronized Skating Teams Inc
EIN
27-2242233
Phone
7818627153
Address
26 EASTERN AVENUE, LEXINGTON, MA 02421

Signing Officer

Name
Gail Hanson-mayer
Title
President
Phone
7818627153
Signed
2018-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail Hanson-mayer
Formed
2010
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
0

Preparer

Firm
Luca Deblasio & Co Inc
Address
1 PRESIDENTIAL WAY SUITE 103, WOBURN, MA 01801
Preparer
Stephen R Lomanno
Phone
7819334114
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Net special events expenses reported in revenue 85,105.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Restricted income 32,738.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Net special events expenses reported in revenue 85,105.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Restricted expenses 2,900.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01319015
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06418954
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0489
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0527
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02408
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt091634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt083490
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0137114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0145375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0158529
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0616142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0473
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0489
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0527
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04258
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt07035096
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01418531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01421400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01410333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01307288
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01477544
IRS990ScheduleA/Total509Grp/TotalAmt07035096
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01419004
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01421889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01410860
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01307649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01479952
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07039354
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt085105
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt02900
IRS990ScheduleD/ExpensesSubtotalAmt01275445
IRS990ScheduleD/OtherExpensesIncludedAmt085105
IRS990ScheduleD/OtherExpensesNotIncludedAmt02900
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05634
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06140
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011774
IRS990ScheduleD/OtherRevenueAmt085105
IRS990ScheduleD/OtherRevenuesNotIncludedAmt032738
IRS990ScheduleD/RevenueNotReportedAmt085105
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt032738
IRS990ScheduleD/RevenueSubtotalAmt01273266
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET SPECIAL EVENTS EXPENSES REPORTED IN REVENUE 85,105.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RESTRICTED INCOME 32,738.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET SPECIAL EVENTS EXPENSES REPORTED IN REVENUE 85,105.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RESTRICTED EXPENSES 2,900.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05634
IRS990ScheduleD/TotalExpensesPerForm990Amt01278345
IRS990ScheduleD/TotalRevenuePerForm990Amt01306004
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01358371
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01360550
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt085105
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SUMMER CAMP
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt067628
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt091634
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024006
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt067628
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt091634
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06529
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt085105
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt046681
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt038424
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SENT TO BOD/TREASURER FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPARABILITY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAIALBLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0630464
IRS990/TotalAssetsEOYAmt0649406
IRS990/TotalAssetsGrp/BOYAmt0630464
IRS990/TotalAssetsGrp/EOYAmt0649406
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01298984
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108448
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01169897
IRS990/TotalFunctionalExpensesGrp/TotalAmt01278345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0264664
IRS990/TotalLiabilitiesEOYAmt0255947
IRS990/TotalLiabilitiesGrp/BOYAmt0264664
IRS990/TotalLiabilitiesGrp/EOYAmt0255947
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0365800
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0393459
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01169897
IRS990/TotalReportableCompFromOrgAmt0110000
IRS990/TotalRevenueGrp/ExclusionAmt07020
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01306004
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0630464
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0649406
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0410847
IRS990/TravelGrp/TotalAmt0410847
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

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