Civic Intelligence

Aquability Inc

990EZ • Fiscal year 2015 • EIN 27-4359749

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 22, 2016

3218 W Overland RdBoise, ID 83705

(208) 720-6362

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.73x

Higher debt load relative to assets than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.04x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

25th percentile

-8.8%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

90th percentile

$43,324

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 53.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k 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

$5,009

No earlier filing loaded for comparison.

Net Assets

$1,351

No earlier filing loaded for comparison.

Liabilities

$3,658

No earlier filing loaded for comparison.

Revenue

$81,699

No earlier filing loaded for comparison.

Expenses

$88,854

No earlier filing loaded for comparison.

Net Income

-$7,155

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.

$60K$40K$20K$0Assets 2015: $5,009Liabilities 2015: $3,658Net Assets 2015: $1,3512015Assets 2016: $12,588Liabilities 2016: $737Net Assets 2016: $11,8512016Assets 2017: $18,016Liabilities 2017: $1,880Net Assets 2017: $16,1362017Assets 2018: $44,171Liabilities 2018: $0Net Assets 2018: $44,1712018Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2015

Assets$5,009
Liabilities$3,658
Net Assets$1,351

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $81,699Expenses 2015: $88,854Net Income 2015: -$7,1552015Revenue 2016: $128,863Expenses 2016: $118,363Net Income 2016: $10,5002016Revenue 2017: $172,797Expenses 2017: $168,512Net Income 2017: $4,2852017Revenue 2018: $250,375Expenses 2018: $222,340Net Income 2018: $28,0352018Revenue 2021: $79,193Expenses 2021: $82,353Net Income 2021: -$3,1602021

Highlighted filing

2015

Revenue$81,699
Expenses$88,854
Net Income-$7,155
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 22, 2016
Return Version
2015v2.1
Gross Receipts
$81,699
Mission and Program Overview

Mission

Aquability improves the lives of poeple with disabilities by providing therapeutic aquatic programs and instructor education

Aquability is committed to developing independence and ability, enhancing health and fitness, increasing self-esteem, and improving quality of life for people with disabilities.

Program Services

DescriptionGrantsExpenses
AQUABILITY THERAPEUTIC AQUATIC PROGRAMS ARE AVAILABLE TO PEOPLE OF ALL AGES WHO ARE CHALLENGED BY A VARIETY OF DISABILITIES, INCLUDING BUT NOT LIMITED TO: PARALYSIS, STROKE, PARKINSON'S DISEASE, VISUAL OR AUDITORY IMPAIRMENT, MULTIPLE SCLEROSIS, CEREBRAL PALSY, AMPUTATION, SPINAL CORD INJURY, BRAIN INJURY, DOWN SYNDROME, SPINA BIFIDA, AUTISM, AND DEVELOPMENTAL DISABILITIES. THE WATER ENVIRONMENT PROVIDES A NEUTRAL GRAVITY TRAINING ENVIRONMENT. EXERCISE IN THE AQUATIC ENVIRONMENT ALLOWS MUSCLE PERFORMANCE UNATTAINABLE ON LAND DUE TO DECREASED MUSCLE CONTROL, STRENGTH, BALANCE, COORDINATION, AND SENSORY ISSUES OF PARTICIPANTS. AQUABILITY RECOGNIZES THE VITAL IMPORTANCE AND BENEFITS FOR THEIR PARTICIPANTS ASSOCIATED WITH REGULAR TRAINING AND EXERCISE AND SERVED 120 INDIVIDUALS IN ITS YEAR-ROUND PROGRAM.-$66,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN MORRISONPresidentFT$38,500$4,824$43,324
AURELIE BAYER-BOLOIXTreasurer-$0--
GREG SUTTONBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Aquability Inc
EIN
27-4359749
Phone
2087206362
Address
3218 W OVERLAND RD, BOISE, ID 83705

Signing Officer

Name
Karen Morrison
Title
President
Phone
2087206362
Signed
2016-09-22
Discuss with paid preparer
Yes

Preparer

Firm
Sorensen & Flanagan LLC
Address
PO BOX 1845, JACKSON, WY 83001
Preparer
James T Sorensen CPA
Phone
3077333938
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses website 355 bank fees 440 office supplies 449 travel 729 board meetings 119 conferences/cont ed 2,673 insurance 6,028 pool fees 10,985 volunteer expense 1,594 dues & subscriptions 1,606 participant event expense 253 swimming supplies 330 total 25,561

Form 990-ez, Part II, Line 24

Accounts receivable 0 50 total 0 50

Form 990-ez, Part II, Line 26

Payroll liabilities 562 2,658 loans from officers 1,907 1,000

Form 990-ez, Part III

Aquability is committed to developing independence and ability, enhancing health and fitness, increasing self-esteem, and improving quality of life for people with disabilities.

Form 990-ez, Part III, Line 28

Aquability therapeutic aquatic programs are available to people of all ages who are challenged by a variety of disabilities, including but not limited to: paralysis, stroke, parkinson's disease, visual or auditory impairment, multiple sclerosis, cerebral palsy, amputation, spinal cord injury, brain injury, down syndrome, spina bifida, autism, and developmental disabilities. The water environment provides a neutral gravity training environment. Exercise in the aquatic environment allows muscle performance unattainable on land due to decreased muscle control, strength, balance, coordination, and sensory issues of participants. Aquability recognizes the vital importance and benefits for their participants associated with regular training and exercise and served 120 individuals in its year-round program.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEBSITE 355 BANK FEES 440 OFFICE SUPPLIES 449 TRAVEL 729 BOARD MEETINGS 119 CONFERENCES/CONT ED 2,673 INSURANCE 6,028 POOL FEES 10,985 VOLUNTEER EXPENSE 1,594 DUES & SUBSCRIPTIONS 1,606 PARTICIPANT EVENT EXPENSE 253 SWIMMING SUPPLIES 330 TOTAL 25,561
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 562 2,658 LOANS FROM OFFICERS 1,907 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AQUABILITY IS COMMITTED TO DEVELOPING INDEPENDENCE AND ABILITY, ENHANCING HEALTH AND FITNESS, INCREASING SELF-ESTEEM, AND IMPROVING QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AQUABILITY THERAPEUTIC AQUATIC PROGRAMS ARE AVAILABLE TO PEOPLE OF ALL AGES WHO ARE CHALLENGED BY A VARIETY OF DISABILITIES, INCLUDING BUT NOT LIMITED TO: PARALYSIS, STROKE, PARKINSON'S DISEASE, VISUAL OR AUDITORY IMPAIRMENT, MULTIPLE SCLEROSIS, CEREBRAL PALSY, AMPUTATION, SPINAL CORD INJURY, BRAIN INJURY, DOWN SYNDROME, SPINA BIFIDA, AUTISM, AND DEVELOPMENTAL DISABILITIES. THE WATER ENVIRONMENT PROVIDES A NEUTRAL GRAVITY TRAINING ENVIRONMENT. EXERCISE IN THE AQUATIC ENVIRONMENT ALLOWS MUSCLE PERFORMANCE UNATTAINABLE ON LAND DUE TO DECREASED MUSCLE CONTROL, STRENGTH, BALANCE, COORDINATION, AND SENSORY ISSUES OF PARTICIPANTS. AQUABILITY RECOGNIZES THE VITAL IMPORTANCE AND BENEFITS FOR THEIR PARTICIPANTS ASSOCIATED WITH REGULAR TRAINING AND EXERCISE AND SERVED 120 INDIVIDUALS IN ITS YEAR-ROUND PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
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