Civic Intelligence

Cincinnati Marlins Inc.

990 • Fiscal year 2021 • EIN 31-0725166

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 18, 2022

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

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$90,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

46th percentile

7.3%

Faster asset growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

38th percentile

2.8%

Faster revenue growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$306,366

Up $20,841 (+7.3%) from 2020

Net Assets

Up

$306,366

Up $97,445 (+47%) from 2020

Liabilities

Down

$0

Down $76,604 (-100%) from 2020

Revenue

Up

$764,457

Up $20,767 (+2.8%) from 2020

Expenses

Down

$667,012

Down $51,865 (-7.2%) from 2020

Net Income

Up

$97,445

Up $72,632 (+293%) from 2020

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

2021

Assets$306,366
Liabilities$0
Net Assets$306,366

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

2021

Revenue$764,457
Expenses$667,012
Net Income$97,445
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 18, 2022
Return Version
2020v4.2
Gross Receipts
$768,314
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$257,878$284,387▲ $26,509
Land, Buildings, and Equipment, Net$25,716$20,236▼ $5,480
Total Assets$285,525$306,366▲ $20,841
Other Assets Total$1,931$1,743▼ $188
Liabilities
Unsecured Notes Loans Payable$76,604$0▼ $76,604
Total Liabilities$76,604$0▼ $76,604
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$188,921$286,366▲ $97,445
Net Assets With Donor Restrictions$20,000$20,000→ $0
Total Net Assets Fund Balance$208,921$306,366▲ $97,445
Total Liabilities and Net Assets / Fund Balance$285,525$306,366▲ $20,841

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$20,236$132,470$152,706
Compensation and Service Providers

Employees

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

Board Members and Trustees

NameTitle
Andrew NixonPresident
Kara HlebakDirector
Mike EckertDirector
Patrick GormanDirector
Robert RazzanoDirector
Steve ConnockDirector
Deanna MckeownSecretary
Angie FassbenderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,429
Program Service Revenue
$607,043
Investment Income
$0
Other Revenue
$52,985
All Other Contributions
$27,825
Change in Net Assets
$97,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$343,158
Other Expenses$323,854
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$279,147$24,881-$304,028
Occupancy$150,356$16,706-$167,062
Office Expenses$14,016$12,077-$26,093
Payroll Taxes$22,995$1,903-$24,898
Travel$17,369--$17,369
Other Employee Benefits$14,232--$14,232
Fees for Services Accounting$13,216--$13,216
Other Expenses$11,974--$11,974
All Other Expenses$6,543$4,742-$11,285
Depreciation Depletion$7,504$476-$7,980
Conferences and Meetings$5,515--$5,515
Insurance$2,551--$2,551
Advertising$450--$450
Total Functional Expenses$606,227$60,785$0$667,012
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$46,343
Fundraising Direct Expenses$3,460
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
Backup withholding compliance
Yes
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
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
2022-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Isham
Formed
1961
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
9
Employees
29
Volunteers
0

Preparer

Firm
Whitmer & Company Cpas Llp
Address
615 ELSINORE PLACE SUITE 625, CINCINNATI, OH 45202-1427
Preparer
Sharon J Eddingfield
Phone
5133818010
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IRS990/PYSalariesCompEmpBnftPaidAmt0393786
IRS990/PYTotalExpensesAmt0718877
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0743690
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt097445
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0617145
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0604580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0648961
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0683103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0748308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0808897
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03493849
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt091211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0170572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0187921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0169849
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0623913
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01171
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt04117762
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0608940
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0740172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0853675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0936229
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0978746
IRS990ScheduleA/Total509Grp/TotalAmt04117762
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0608940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0741275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0853743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0936229
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0978746
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04118933
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/EquipmentGrp/BookValueAmt020236
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132470
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0152706
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020236
IRS990/ScheduleJRequiredInd00
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0285525
IRS990/TotalAssetsEOYAmt0306366
IRS990/TotalAssetsGrp/BOYAmt0285525
IRS990/TotalAssetsGrp/EOYAmt0306366
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0104429
IRS990/TotalEmployeeCnt029
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt060785
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0606227
IRS990/TotalFunctionalExpensesGrp/TotalAmt0667012
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt076604
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt076604
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0208921
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306366
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0606227
IRS990/TotalProgramServiceRevenueAmt0607043
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt042883
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0617145
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0764457
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0285525
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0306366
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017369
IRS990/TravelGrp/TotalAmt017369
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt076604

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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
2021Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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