Civic Intelligence

Cincinnati Marlins Inc.

990 • Fiscal year 2018 • EIN 31-0725166

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 15, 2019

616 W North Bend RdCincinnati, OH 45224

(513) 761-3320

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

33rd percentile

0.00x

Higher debt load relative to revenue than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

22nd percentile

-7.1%

Faster asset growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2018

Revenue Growth

36th percentile

-2.1%

Faster revenue growth than 36% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2018

Assets

Up

$230,895

Up $17,953 (+8.4%) from 2016

Net Assets

Up

$227,199

Up $14,257 (+6.7%) from 2016

Liabilities

Up

$3,696

Up $3,696 from 2016

Revenue

Down

$936,660

Down $7,014 (-0.7%) from 2016

Expenses

Down

$927,835

Down $88,803 (-8.7%) from 2016

Net Income

Up

$8,825

Up $81,789 (+112%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $54,712Liabilities 2010: $14,404Net Assets 2010: $40,3082010Assets 2012: $89,457Liabilities 2012: $38,144Net Assets 2012: $51,3132012Assets 2013: $164,339Liabilities 2013: $28,895Net Assets 2013: $135,4442013Assets 2014: $251,398Liabilities 2014: $26,885Net Assets 2014: $224,5132014Assets 2015: $288,290Liabilities 2015: $2,384Net Assets 2015: $285,9062015Assets 2016: $212,942Liabilities 2016: $0Net Assets 2016: $212,9422016Assets 2018: $230,895Liabilities 2018: $3,696Net Assets 2018: $227,1992018Assets 2019: $184,259Liabilities 2019: $151Net Assets 2019: $184,1082019Assets 2020: $285,525Liabilities 2020: $76,604Net Assets 2020: $208,9212020Assets 2021: $306,366Liabilities 2021: $0Net Assets 2021: $306,3662021Assets 2022: $223,235Liabilities 2022: $0Net Assets 2022: $223,2352022Assets 2023: $281,962Liabilities 2023: $50Net Assets 2023: $281,9122023Assets 2024: $272,319Liabilities 2024: $20,999Net Assets 2024: $251,3202024

Highlighted filing

2018

Assets$230,895
Liabilities$3,696
Net Assets$227,199

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $750,8332010Expenses 2012: $769,6852012Expenses 2013: $904,9312013Revenue 2014: $936,023Expenses 2014: $846,954Net Income 2014: $89,0692014Revenue 2015: $998,440Expenses 2015: $937,047Net Income 2015: $61,3932015Revenue 2016: $943,674Expenses 2016: $1,016,638Net Income 2016: -$72,9642016Revenue 2018: $936,660Expenses 2018: $927,835Net Income 2018: $8,8252018Revenue 2019: $843,942Expenses 2019: $887,033Net Income 2019: -$43,0912019Revenue 2020: $743,690Expenses 2020: $718,877Net Income 2020: $24,8132020Revenue 2021: $764,457Expenses 2021: $667,012Net Income 2021: $97,4452021Revenue 2022: $790,862Expenses 2022: $865,569Net Income 2022: -$74,7072022Revenue 2023: $935,339Expenses 2023: $865,086Net Income 2023: $70,2532023Revenue 2024: $910,184Expenses 2024: $940,776Net Income 2024: -$30,5922024

Highlighted filing

2018

Revenue$936,660
Expenses$927,835
Net Income$8,825
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 15, 2019
Return Version
2017v2.3
Gross Receipts
$960,921
Mission and Program Overview

Mission

To provide a competitive year-round swim program and teaching through swim lessons and stroke clinics.

Provide a competitive year-round swim program and teaching through swim lessons and stroke clinics.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$187,657$170,195▼ $17,462
Land, Buildings, and Equipment, Net$30,681$38,968▲ $8,287
Total Assets$240,070$230,895▼ $9,175
Other Assets Total$21,732$21,732→ $0
Liabilities
Unsecured Notes Loans Payable$21,696$3,696▼ $18,000
Total Liabilities$21,696$3,696▼ $18,000
Net Assets / Fund Balance
Unrestricted Net Assets$198,374$207,199▲ $8,825
Temporarily Rstr Net Assets$20,000$20,000→ $0
Total Net Assets Fund Balance$218,374$227,199▲ $8,825
Total Liabilities and Net Assets / Fund Balance$240,070$230,895▼ $9,175

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,968$103,663$142,631
Other Assets Org$21,732--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brad IshamCEOFT$90,000$90,000

Board Members and Trustees

NameTitle
Mike HenslerPresident
Michele SemonaFormer Vice President
Deanna MckeownVice President
Christy TiernanDirector
John LangeDirector
John MuenzerDirector
Mike EckertDirector
Rachel GustinDirector
Sarah KnapschaeferDirector
Greg JonesFormer Director
Chad KamstraFormer Treasurer
Andrew NixonSecretary
Jeni HedgerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,518
Program Service Revenue
$821,056
Investment Income
$0
Other Revenue
$40,086
All Other Contributions
$75,518
Change in Net Assets
$8,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$531,477
Other Expenses$396,358
Total Fundraising Expense$1,344
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$405,246$67,849-$473,095
Occupancy$125,591$13,955-$139,546
Payroll Taxes$36,833$6,167-$43,000
All Other Expenses$19,245$11,318-$30,563
Other Expenses$24,320--$24,320
Travel$22,254--$22,254
Other Employee Benefits$13,176$2,206-$15,382
Fees for Services Accounting-$15,330-$15,330
Office Expenses$2,460$11,233-$13,693
Depreciation Depletion-$10,483$1,344$11,827
Information Technology-$9,073-$9,073
Insurance-$5,176-$5,176
Conferences and Meetings$2,695--$2,695
Advertising$1,240--$1,240
Total Functional Expenses$773,701$152,790$1,344$927,835
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,692
Fundraising Direct Expenses$700
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
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
Yes
Other officer compensation reviewed
Yes
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 6

The members elect the members of the governing body (board of directors).

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

On an annual basis, members elect a portion of the governing body (board of directors).

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

Members vote on all changes to bylaws.

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

A draft of the 990 is provided to the board of directors. They are asked to review the draft and provide any comments.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors negotiates a multi-year contract with the head coach and compares the pay to similar positions with other usa swim club teams when possible. The process for determining compensation for other key employees is for the executive committee of the board to discuss recommendations by the head coach/ceo during the budgeting process and provide feedback.

Form 990, Part VI, Section C, Line 19

The organization provides a team policy handbook which has been printed and distributed to its members and/or made available at all times on its website. The handbook includes the statement that the organization's records are available upon request.

Filing and Contact Details

Filer

Filer Name
Cincinnati Marlins Inc
EIN
31-0725166
Phone
5137613320
Address
616 W NORTH BEND RD, CINCINNATI, OH 45224

Signing Officer

Name
Brad Isham
Title
CEO/head Coach
Phone
5137613320
Signed
2019-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Isham
Formed
1961
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Whitmer & Company Cpas Llp
Address
615 ELSINORE PLACE SUITE 625, CINCINNATI, OH 45202-1427
Preparer
John Whitmer
Phone
5133818010
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IRS990/ProgramServiceRevenueGrp/Desc1SWIM MEET REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3SWIM LESSONS & CLINICS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0599362
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1142293
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt273428
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35973
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0599362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1142293
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt273428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35973
IRS990/ProgSrvcAccomActy2Grp/Desc0HOST COMPETITIVE SWIM MEETS AND ATTEND MEETS HOSTED BY OTHER SWIM CLUBS, INCLUDING VARIOUS QUALIFYING REGIONAL AND NATIONAL MEETS.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE SWIM LESSONS AND CONDUCT STROKE CLINICS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt03522
IRS990/PYContributionsGrantsAmt058385
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0402084
IRS990/PYOtherRevenueAmt034219
IRS990/PYProgramServiceRevenueAmt0908923
IRS990/PYRevenuesLessExpensesAmt0-14568
IRS990/PYSalariesCompEmpBnftPaidAmt0610489
IRS990/PYTotalExpensesAmt01016095
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01001527
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt08825
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0837150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0748308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0808897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0783091
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0860796
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0785262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03986354
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0187921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0169849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0135522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0136657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0150760
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0780709
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04767063
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0936229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0978746
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0918613
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0997453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0936022
IRS990ScheduleA/Total509Grp/TotalAmt04767063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0936229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0978746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0918613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0997453
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0936022
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04767063
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt038968
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0103663
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142631
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt021732
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BACKUP WITHHOLDING RECEIVABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038968
IRS990ScheduleD/TotalBookValueOtherAssetsAmt021732
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY (BOARD OF DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ON AN ANNUAL BASIS, MEMBERS ELECT A PORTION OF THE GOVERNING BODY (BOARD OF DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS VOTE ON ALL CHANGES TO BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS. THEY ARE ASKED TO REVIEW THE DRAFT AND PROVIDE ANY COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS NEGOTIATES A MULTI-YEAR CONTRACT WITH THE HEAD COACH AND COMPARES THE PAY TO SIMILAR POSITIONS WITH OTHER USA SWIM CLUB TEAMS WHEN POSSIBLE. THE PROCESS FOR DETERMINING COMPENSATION FOR OTHER KEY EMPLOYEES IS FOR THE EXECUTIVE COMMITTEE OF THE BOARD TO DISCUSS RECOMMENDATIONS BY THE HEAD COACH/CEO DURING THE BUDGETING PROCESS AND PROVIDE FEEDBACK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION PROVIDES A TEAM POLICY HANDBOOK WHICH HAS BEEN PRINTED AND DISTRIBUTED TO ITS MEMBERS AND/OR MADE AVAILABLE AT ALL TIMES ON ITS WEBSITE. THE HANDBOOK INCLUDES THE STATEMENT THAT THE ORGANIZATION'S RECORDS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt020000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt020000
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0240070
IRS990/TotalAssetsEOYAmt0230895
IRS990/TotalAssetsGrp/BOYAmt0240070
IRS990/TotalAssetsGrp/EOYAmt0230895
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt075518
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01344
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0152790
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0773701
IRS990/TotalFunctionalExpensesGrp/TotalAmt0927835
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt021696
IRS990/TotalLiabilitiesEOYAmt03696
IRS990/TotalLiabilitiesGrp/BOYAmt021696
IRS990/TotalLiabilitiesGrp/EOYAmt03696
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0218374
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0227199
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0773701
IRS990/TotalProgramServiceRevenueAmt0821056
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt023992

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.25$0.91$0.94$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.00$0.28$0.94$0.87$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.79$0.87$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.76$0.67$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.08$0.21$0.74$0.72$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.00$0.18$0.84$0.89$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.94$0.93$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.94$1.02$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$1.00$0.94$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.22$0.94$0.85$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.03$0.14$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.04$0.05$0.77
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.01$0.04$0.75