Civic Intelligence

Marlins of Raleigh Inc

990 • Fiscal year 2020 • EIN 30-0050977

Sep 01, 2019 to Aug 31, 2020 • Filed on Dec 15, 2020

Organization ProfileWWW.MARLINSOFRALEIGH.COM
4904 Waters Edge Drive No 295Raleigh, NC 27606

(919) 851-3000

Siviq Scores

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

Liabilities / Assets

84th percentile

0.59x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • NTEE N • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.34x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • NTEE N • $1M-$5M nonprofits • Source year 2020

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2020 filings • NTEE N • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

74th percentile

$77,480

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2020 filings • NTEE N • $1M-$5M nonprofits • Source year 2020

Asset Growth

85th percentile

36%

Faster asset growth than 85% of similar nonprofits.

2020 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-11%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • NTEE N • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$1,005,327

Up $266,148 (+36%) from 2019

Net Assets

Up

$413,929

Up $108,066 (+35%) from 2019

Liabilities

Up

$591,398

Up $158,082 (+36%) from 2019

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin64th percentile

Revenue

Down

$1,751,382

Down $205,999 (-11%) from 2019

Expenses

Down

$1,524,316

Down $298,755 (-16%) from 2019

Net Income

Up

$227,066

Up $92,756 (+69%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $275,360Liabilities 2010: $59,443Net Assets 2010: $215,9172010Assets 2011: $298,829Liabilities 2011: $65,875Net Assets 2011: $232,9542011Assets 2012: $294,223Liabilities 2012: $77,329Net Assets 2012: $216,8942012Assets 2013: $324,243Liabilities 2013: $71,621Net Assets 2013: $252,6222013Assets 2014: $430,096Liabilities 2014: $70,550Net Assets 2014: $359,5462014Assets 2015: $432,296Liabilities 2015: $95,460Net Assets 2015: $336,8362015Assets 2016: $468,070Liabilities 2016: $74,635Net Assets 2016: $393,4352016Assets 2017: $482,059Liabilities 2017: $150,692Net Assets 2017: $331,3672017Assets 2018: $586,282Liabilities 2018: $414,729Net Assets 2018: $171,5532018Assets 2019: $739,179Liabilities 2019: $433,316Net Assets 2019: $305,8632019Assets 2020: $1,005,327Liabilities 2020: $591,398Net Assets 2020: $413,9292020Assets 2021: $1,167,559Liabilities 2021: $533,189Net Assets 2021: $634,3702021Assets 2022: $1,167,052Liabilities 2022: $523,382Net Assets 2022: $643,6702022Assets 2023: $880,938Liabilities 2023: $323,567Net Assets 2023: $557,3712023Assets 2024: $864,562Liabilities 2024: $261,987Net Assets 2024: $602,5752024

Highlighted filing

2020

Assets$1,005,327
Liabilities$591,398
Net Assets$413,929
Open 2020 Filing

Operations Trend

Revenue Growth48th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $809,7762010Expenses 2011: $966,6862011Expenses 2012: $1,133,2552012Expenses 2013: $1,121,3682013Revenue 2014: $1,305,333Expenses 2014: $1,198,409Net Income 2014: $106,9242014Revenue 2015: $1,471,121Expenses 2015: $1,493,831Net Income 2015: -$22,7102015Revenue 2016: $1,662,411Expenses 2016: $1,605,812Net Income 2016: $56,5992016Revenue 2017: $1,735,831Expenses 2017: $1,797,899Net Income 2017: -$62,0682017Revenue 2018: $1,651,791Expenses 2018: $1,811,605Net Income 2018: -$159,8142018Revenue 2019: $1,957,381Expenses 2019: $1,823,071Net Income 2019: $134,3102019Revenue 2020: $1,751,382Expenses 2020: $1,524,316Net Income 2020: $227,0662020Revenue 2021: $2,085,324Expenses 2021: $1,864,883Net Income 2021: $220,4412021Revenue 2022: $2,258,499Expenses 2022: $2,249,199Net Income 2022: $9,3002022Revenue 2023: $2,245,856Expenses 2023: $2,332,155Net Income 2023: -$86,2992023Revenue 2024: $2,492,102Expenses 2024: $2,446,898Net Income 2024: $45,2042024

Highlighted filing

2020

Revenue$1,751,382
Expenses$1,524,316
Net Income$227,066
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Dec 15, 2020
Return Version
2019v5.1
Gross Receipts
$1,849,814
Mission and Program Overview

Mission

The marlins of raleigh offers training and practice groups for swimmers of all ages and ability levels. It is the goal of the marlins of raleigh to offer age specific training for all of our athletes geared toward challenging each individual and developing each individual to the best of their ability.

Developing champion athletes and citizens through commitment to excellence in swimming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$305,863$413,929▲ $108,066
Land, Buildings, and Equipment, Net$415,675$383,718▼ $31,957
Savings and Temporary Cash Investments$52,117$339,471▲ $287,354
Cash and Non-Interest-Bearing Accounts$187,146$164,830▼ $22,316
Intangible Assets$102,631$102,631→ $0
Accounts Receivable$636$40,545▲ $39,909
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$739,179$1,005,327▲ $266,148
Other Assets Total$-19,026$-25,868▼ $6,842
Liabilities
Mortgage Notes Payable Secured by Investment Property$268,628$238,545▼ $30,083
Deferred Revenue$144,454$231,697▲ $87,243
Unsecured Notes Loans Payable-$119,000-
Accounts Payable and Accrued Expenses$18,081$0▼ $18,081
Other Liabilities$2,153$2,156▲ $3
Total Liabilities$433,316$591,398▲ $158,082
Net Assets / Fund Balance
Total Net Assets Fund Balance$305,863$413,929▲ $108,066
Total Liabilities and Net Assets / Fund Balance$739,179$1,005,327▲ $266,148

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$383,718$95,627$479,345
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paul J SilverPresident, Executive DirecFT$77,480$77,480

Board Members and Trustees

NameTitle
Matthew SchadeVice President
Caroline SilverSecretary
Jessie BlalockTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$723
Program Service Revenue
$1,665,343
Investment Income
$2,574
Other Revenue
$82,742
All Other Contributions
$723
Change in Net Assets
$227,066
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,030,161
Salaries, Compensation, and Employee Benefits$494,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$287,661$71,915-$359,576
Current Officers, Directors, Trustees, and Key Employees$63,338$15,834-$79,172
Other Expenses$74,233$34,491-$74,233
Office Expenses$9,709$49,807-$59,516
All Other Expenses$46,359$12,156-$58,515
Payroll Taxes$44,326$11,081-$55,407
Depreciation Depletion$38,799--$38,799
Occupancy-$30,900-$30,900
Travel$28,331--$28,331
Insurance$24,758--$24,758
Interest-$10,357-$10,357
Information Technology-$4,491-$4,491
Fees for Services Accounting-$3,000-$3,000
Fees for Services Other-$1,070-$1,070
Advertising$800--$800
Total Functional Expenses$1,279,214$245,102$0$1,524,316
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$146,410
Fundraising Direct Expenses$55,011
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swim a Thon$55,407$55,407$20,927$34,480
Legends$4,669$4,669-$4,669
Total Events$146,410$146,410$55,011$91,399
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
Jonathan WatsonBrother and Brother-in-law Relationship With Board MembersPayrollNo$54,013
Paul SilverExecutive Director Has Ownership in H20 Ventures, LLCPool LeaseYes$41,174
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,156
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Paul silver and caroline silver are husband and wife who each serve on the board.”

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

“The board will review the form 990 before filing.”

Form 990, Part VI, Section B, Line 12C

“Disclosure involving directors should be made to the board chair who shall bring the matter to the attention of the committee. The committee shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to marlins of raleigh. The decision of the committee on these matters will rest in their sole discretion, and their concern must be the welfare of marlins of raleigh and the advancement of its purpose.”

Form 990, Part VI, Section B, Line 15

“The organization uses national survey data to determine compensation.”

Form 990, Part VI, Section C, Line 19

“All governing documents and conflict of interest policy is available upon request.”

Filing and Contact Details

Filer

Filer Name
Marlins of Raleigh Inc
EIN
30-0050977
Phone
9198513000
Address
4904 WATERS EDGE DRIVE NO 295, RALEIGH, NC 27606

Signing Officer

Name
Paul Silver
Title
President, Executive Director
Phone
9198513000
Signed
2020-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Silver
Formed
2001
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
2
Employees
79
Volunteers
272

Preparer

Firm
Thomas Judy & Tucker Pa
Address
4700 FALLS OF NEUSE ROAD, RALEIGH, NC 27609
Preparer
Jessie Blalock CPA
Phone
9195717055
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Nondeductible expenses -119,000.”

Raw XML AppendixShowing 400 of 481 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0OUR YEAR-ROUND COMPETITIVE PROGRAM HAS APPROXIMATELY 650 SWIMMERS WITH APPROXIMATELY 400 PARTICIPATING IN SWIM MEETS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0WE ALSO OFFER VARIOUS STROKE CLINICS THE FALL/WINTER SWIM LEAGUE AS WELL AS THE MOR IN MAY PROGRAM. THESE PROGRAMS TEACH PROPER STROKE TECHNIQUE IN A LEARNING ENVIRONMENT.
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IRS990/PYInvestmentIncomeAmt01696
IRS990/PYOtherExpensesAmt01204716
IRS990/PYOtherRevenueAmt092367
IRS990/PYProgramServiceRevenueAmt01848864
IRS990/PYRevenuesLessExpensesAmt0134310
IRS990/PYSalariesCompEmpBnftPaidAmt0618355
IRS990/PYTotalExpensesAmt01823071
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01957381
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0227066
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0828343
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0305863
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0413929
IRS990/SavingsAndTempCashInvstGrp/BOYAmt052117
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0339471
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01186192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01213669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01047722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01001636
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0903215
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05352434
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02576
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0855
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0843
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01249
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07219
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0636422
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0826097
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0693213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0756258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0808617
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03720607
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02576
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0855
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0843
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01249
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07219
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00070
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt024624
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt022336
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt028871
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt042668
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt035064
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0153563
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98260
IRS990ScheduleA/PublicSupportPY509Pct00.97990
IRS990ScheduleA/PublicSupportTotal509Amt09073041
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01822614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02039766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01740935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01757894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01711832
IRS990ScheduleA/Total509Grp/TotalAmt09073041
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01849814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02063798
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01770661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01801405
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01748145
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09233823
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0383718
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt095627
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0479345
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02156
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0383718
IRS990ScheduleD/TotalLiabilityAmt02156
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt055011
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SWIM A THON
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0LEGENDS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055407
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt04669
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt086334
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0146410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055407
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04669
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt086334
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0146410
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt091399
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt034084
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt055011
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt020927
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JONATHAN WATSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1PAUL SILVER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BROTHER AND BROTHER-IN-LAW RELATIONSHIP WITH BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1EXECUTIVE DIRECTOR HAS OWNERSHIP IN H20 VENTURES, LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd11
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt054013
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt141174
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYROLL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1POOL LEASE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PAUL SILVER, THE EXECUTIVE DIRECTOR OF ORGANIZATION, IS ALSO PART OWNER IN H20 VENTURES, LLC. THIS LLC IS A TAXABLE ENTITY THAT PURCHASED A POOL IN CARY, NC. THE NONPROFIT ORGANIZATION RENTS POOL LANES FROM TAXABLE ENTITY FOR ITS MEMBERS FOR WEEKLY PRACTICE. A LEASE AGREEMENT IS IN FORCE BETWEEN THE ORGANIZATIONS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL SILVER AND CAROLINE SILVER ARE HUSBAND AND WIFE WHO EACH SERVE ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WILL REVIEW THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSURE INVOLVING DIRECTORS SHOULD BE MADE TO THE BOARD CHAIR WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE COMMITTEE. THE COMMITTEE SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO MARLINS OF RALEIGH. THE DECISION OF THE COMMITTEE ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF MARLINS OF RALEIGH AND THE ADVANCEMENT OF ITS PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES NATIONAL SURVEY DATA TO DETERMINE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NONDEDUCTIBLE EXPENSES -119,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt096046
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt156094
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1LEASE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0H20 VENTURES LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1H20 VENTURES LLC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,005,327
Liabilities
$591,398
Net assets
$413,929
Revenue
$1,751,382
Expenses
$1,524,316
Net income
$227,066
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.26$0.60$2.49$2.45$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.32$0.56$2.25$2.33$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.52$0.64$2.26$2.25$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.53$0.63$2.09$1.86$0.22
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.59$0.41$1.75$1.52$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.43$0.31$1.96$1.82$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.41$0.17$1.65$1.81$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.15$0.33$1.74$1.80$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.07$0.39$1.66$1.61$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.10$0.34$1.47$1.49$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.07$0.36$1.31$1.20$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.07$0.25$1.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.22$1.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.07$0.23$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.06$0.22$0.81