Civic Intelligence

Ventura County Comets Rc Club

990 • Fiscal year 2019 • EIN 30-0612285

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 19, 2020

Organization ProfileVCcomets.com
Post Office Box 333Ojai, CA 93024

(805) 890-2217

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.00x

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Net Margin

97th percentile

50%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2019 filings • 501(c)7 • <$500k nonprofits • Source year 2019

Asset Growth

49th percentile

1.1%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-17%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$18,025

Up $191 (+1.1%) from 2018

Net Assets

Up

$18,025

Up $191 (+1.1%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin97th percentile

Revenue

Down

$4,802

Down $949 (-17%) from 2018

Expenses

Up

$2,407

Up $2,111 (+713%) from 2018

Net Income

Down

$2,395

Down $3,060 (-56%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$40K$30K$20K$10K$0Assets 2015: $6,670Liabilities 2015: $0Net Assets 2015: $6,6702015Assets 2016: $10,452Liabilities 2016: $0Net Assets 2016: $10,4522016Assets 2017: $12,379Liabilities 2017: $0Net Assets 2017: $12,3792017Assets 2018: $17,834Liabilities 2018: $0Net Assets 2018: $17,8342018Assets 2019: $18,025Liabilities 2019: $0Net Assets 2019: $18,0252019Assets 2020: $32,736Liabilities 2020: $0Net Assets 2020: $32,7362020Assets 2021: $8,532Liabilities 2021: $0Net Assets 2021: $8,5322021Assets 2022: $12,068Liabilities 2022: $0Net Assets 2022: $12,0682022Assets 2023: $16,249Liabilities 2023: $0Net Assets 2023: $16,2492023Assets 2024: $23,891Net Assets 2024: $23,8912024

Highlighted filing

2019

Assets$18,025
Liabilities$0
Net Assets$18,025
Open 2019 Filing

Operations Trend

Revenue Growth18th percentile

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

$40K$20K$0-$20K-$40KRevenue 2015: $2,464Expenses 2015: $2,464Net Income 2015: $02015Revenue 2016: $3,862Expenses 2016: $80Net Income 2016: $3,7822016Revenue 2017: $2,287Expenses 2017: $360Net Income 2017: $1,9272017Revenue 2018: $5,751Expenses 2018: $296Net Income 2018: $5,4552018Revenue 2019: $4,802Expenses 2019: $2,407Net Income 2019: $2,3952019Revenue 2020: $21,865Expenses 2020: $6,879Net Income 2020: $14,9862020Revenue 2021: $11,869Expenses 2021: $36,073Net Income 2021: -$24,2042021Revenue 2022: $7,624Expenses 2022: $4,088Net Income 2022: $3,5362022Revenue 2023: $9,616Expenses 2023: $5,435Net Income 2023: $4,1812023Revenue 2024: $22,507Expenses 2024: $24,404Net Income 2024: -$1,8972024

Highlighted filing

2019

Revenue$4,802
Expenses$2,407
Net Income$2,395
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 19, 2020
Return Version
2019v5.0
Gross Receipts
$4,927
Mission and Program Overview

Mission

non-profit recreational radio control model airplane club

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,630$18,025▲ $2,395
Rtn Earn Endowment Incm Other Fnds$15,630$18,025▲ $2,395
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$15,630$18,025▲ $2,395
Other Assets Total$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,630$18,025▲ $2,395
Total Liabilities and Net Assets / Fund Balance$15,630$18,025▲ $2,395
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
George BostonPresident
Berny HammerVice-President
Alastair BrennanSecretary
Timothy MoranTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,927
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-125
All Other Contributions
$642
Change in Net Assets
$2,395
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,407
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
Conferences and Meetings$751$0$0$751
Advertising$534$0$0$534
Other Expenses$196$0$0$196
Information Technology$196$0$0$196
Occupancy$125$0$0$125
Total Functional Expenses$2,207$200$0$2,407
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

“General Club Membership may vote on Board of Directors decisions”

Form 990, Part VI, Section A, Line 9

“Alastair Brennan; secretary; 877 North Calle Circulo; Camarillo CA 93010: George Boston; president; 473 North La Luna Avenue; Ojai CA 93023: Berny Hammer; vice-president, 4530 Syracuse Drive; Oxnard CA 93033”

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

“Reviewed by Treasurer”

Form 990, Part VI, Section C, Line 19

“Available on request”

Filing and Contact Details

Filer

Filer Name
Ventura County Comets RC Club
EIN
30-0612285
Phone
8058902217
Address
Post Office Box 333, Ojai, CA 93024

Signing Officer

Name
Timothy Moran
Title
Treasurer
Phone
8058902217
Signed
2020-03-19

Organization Details

Principal Officer
Timothy J Moran
Formed
1957
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
78
Raw XML AppendixShowing 400 of 468 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/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Timothy J Moran
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02395
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt0-125
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015630
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018025
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0General Club Membership may vote on Board of Directors decisions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Alastair Brennan; secretary; 877 North Calle Circulo; Camarillo CA 93010: George Boston; president; 473 North La Luna Avenue; Ojai CA 93023: Berny Hammer; vice-president, 4530 Syracuse Drive; Oxnard CA 93033
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Reviewed by Treasurer
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available on request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015630
IRS990/TotalAssetsEOYAmt018025
IRS990/TotalAssetsGrp/BOYAmt015630

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,025
Liabilities
$0
Net assets
$18,025
Revenue
$4,802
Expenses
$2,407
Net income
$2,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.9$23.9$22.5$24.4$1.90
2023Detailed filing. Detailed filing data is available for this year.$16.2$0.00$16.2$9.62$5.44$4.18
2022Detailed filing. Detailed filing data is available for this year.$12.1$0.00$12.1$7.62$4.09$3.54
2021Detailed filing. Detailed filing data is available for this year.$8.53$0.00$8.53$11.9$36.1$24.2
2020Detailed filing. Detailed filing data is available for this year.$32.7$0.00$32.7$21.9$6.88$15.0
2019Detailed filing. Detailed filing data is available for this year.$18.0$0.00$18.0$4.80$2.41$2.40
2018Detailed filing. Detailed filing data is available for this year.$17.8$0.00$17.8$5.75$0.30$5.46
2017Detailed filing. Detailed filing data is available for this year.$12.4$0.00$12.4$2.29$0.36$1.93
2016Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$3.86$0.08$3.78
2015Detailed filing. Detailed filing data is available for this year.$6.67$0.00$6.67$2.46$2.46$0.00