Civic Intelligence

Cincinnati Marlins Inc.

990 • Fiscal year 2022 • EIN 31-0725166

Sep 01, 2021 to Aug 31, 2022 • Filed on Jul 17, 2023

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

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.00x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

23rd percentile

-9.4%

Higher net margin than 23% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$90,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

7th percentile

-27%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

3.5%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$223,235

Down $83,131 (-27%) from 2021

Net Assets

Down

$223,235

Down $83,131 (-27%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$790,862

Up $26,405 (+3.5%) from 2021

Expenses

Up

$865,569

Up $198,557 (+30%) from 2021

Net Income

Down

-$74,707

Down $172,152 (-177%) from 2021

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

2022

Assets$223,235
Liabilities$0
Net Assets$223,235

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

2022

Revenue$790,862
Expenses$865,569
Net Income-$74,707
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jul 17, 2023
Return Version
2021v4.2
Gross Receipts
$799,675
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$284,387$211,534▼ $72,853
Land, Buildings, and Equipment, Net$20,236$11,701▼ $8,535
Total Assets$306,366$223,235▼ $83,131
Other Assets Total$1,743$0▼ $1,743
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$286,366$211,659▼ $74,707
Net Assets With Donor Restrictions$20,000$11,576▼ $8,424
Total Net Assets Fund Balance$306,366$223,235▼ $83,131
Total Liabilities and Net Assets / Fund Balance$306,366$223,235▼ $83,131

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,701$132,607$144,308
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brad IshamCEO (former as of 2023)FT$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
$10,632
Program Service Revenue
$770,323
Investment Income
$3,750
Other Revenue
$6,157
All Other Contributions
$10,632
Change in Net Assets
$-74,707
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$485,630
Salaries, Compensation, and Employee Benefits$379,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$329,164$15,022-$344,186
Occupancy$225,640$25,071-$250,711
Office Expenses$12,912$17,326-$30,238
Payroll Taxes$28,185$1,149-$29,334
Conferences and Meetings$26,383--$26,383
Travel$22,618--$22,618
All Other Expenses$7,512$7,183-$14,695
Fees for Services Accounting$12,306--$12,306
Other Expenses$8,625--$8,625
Other Employee Benefits$6,419--$6,419
Depreciation Depletion$6,133$151-$6,284
Insurance$2,694--$2,694
Advertising$300--$300
Total Functional Expenses$799,667$65,902$0$865,569
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,962
Fundraising Direct Expenses$0
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
Brandon Voorhies
Title
CEO/head Coach
Phone
5137613320
Signed
2023-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Voorhies
Formed
1961
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
9
Employees
30
Volunteers
0

Preparer

Firm
Whitmer & Company Cpas Llp
Address
615 ELSINORE PLACE SUITE 625, CINCINNATI, OH 45202-1427
Preparer
Sharon J Eddingfield
Phone
5133818010
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net assets released from restriction -8,424.

Raw XML AppendixShowing 400 of 441 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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4180
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/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0104429
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0323854
IRS990/PYOtherRevenueAmt052985
IRS990/PYProgramServiceRevenueAmt0607043
IRS990/PYRevenuesLessExpensesAmt097445
IRS990/PYSalariesCompEmpBnftPaidAmt0343158
IRS990/PYTotalExpensesAmt0667012
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0764457
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-74707
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0777268
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0620789
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0604580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0648961
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0683103
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0748308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03305741
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0123786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt091211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0170572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0187921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0577850
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01171
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt03883591
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0744575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0608940
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0740172
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0853675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0936229
IRS990ScheduleA/Total509Grp/TotalAmt03883591
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0744575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0608940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0741275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0853743
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0936229
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03884762
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt011701
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132607
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0144308
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011701
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/ExplanationTxt6NET ASSETS RELEASED FROM RESTRICTION -8,424.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0306366
IRS990/TotalAssetsEOYAmt0223235
IRS990/TotalAssetsGrp/BOYAmt0306366
IRS990/TotalAssetsGrp/EOYAmt0223235
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010632
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0799667
IRS990/TotalFunctionalExpensesGrp/TotalAmt0865569
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0306366
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0223235
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0799667
IRS990/TotalProgramServiceRevenueAmt0770323
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt02962
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0777268
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0790862
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0306366
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0223235
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt022618
IRS990/TravelGrp/TotalAmt022618
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

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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
2022Detailed filing. Detailed filing data is available for this year.$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
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