Civic Intelligence

Fox Valley Swim Team

990 • Fiscal year 2016 • EIN 32-0159073

Sep 01, 2015 to Aug 31, 2016 • Filed on Apr 17, 2017

PO Box 9135Naperville, IL 60567

(630) 978-6300

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

30th percentile

-4.3%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

90th percentile

$113,060

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

18th percentile

-8.5%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

4.4%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$406,345

Down $37,745 (-8.5%) from 2015

Net Assets

Down

$406,345

Down $37,745 (-8.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$879,807

Up $36,883 (+4.4%) from 2015

Expenses

Down

$917,552

Down $8,628 (-0.9%) from 2015

Net Income

Up

-$37,745

Up $45,511 (+55%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $322,601Liabilities 2010: $2,058Net Assets 2010: $320,5432010Assets 2011: $296,349Liabilities 2011: $0Net Assets 2011: $296,3492011Assets 2012: $345,699Liabilities 2012: $0Net Assets 2012: $345,6992012Assets 2013: $426,630Liabilities 2013: $0Net Assets 2013: $426,6302013Assets 2014: $527,346Liabilities 2014: $0Net Assets 2014: $527,3462014Assets 2015: $444,090Liabilities 2015: $0Net Assets 2015: $444,0902015Assets 2016: $406,345Liabilities 2016: $0Net Assets 2016: $406,3452016Assets 2017: $407,668Liabilities 2017: $0Net Assets 2017: $407,6682017Assets 2019: $191,070Liabilities 2019: $27,330Net Assets 2019: $163,7402019Assets 2020: $310,843Liabilities 2020: $131,069Net Assets 2020: $179,7742020Assets 2021: $321,503Liabilities 2021: $126,019Net Assets 2021: $195,4842021Assets 2022: $352,351Liabilities 2022: $53,842Net Assets 2022: $298,5092022Assets 2023: $468,484Liabilities 2023: $80,083Net Assets 2023: $388,4012023Assets 2024: $554,455Liabilities 2024: $77,677Net Assets 2024: $476,7782024

Highlighted filing

2016

Assets$406,345
Liabilities$0
Net Assets$406,345

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $445,2532010Expenses 2011: $563,9262011Expenses 2012: $605,9982012Expenses 2013: $789,3472013Revenue 2014: $886,385Expenses 2014: $785,669Net Income 2014: $100,7162014Revenue 2015: $842,924Expenses 2015: $926,180Net Income 2015: -$83,2562015Revenue 2016: $879,807Expenses 2016: $917,552Net Income 2016: -$37,7452016Revenue 2017: $893,508Expenses 2017: $892,185Net Income 2017: $1,3232017Revenue 2019: $787,312Expenses 2019: $821,820Net Income 2019: -$34,5082019Revenue 2020: $833,201Expenses 2020: $817,167Net Income 2020: $16,0342020Revenue 2021: $693,432Expenses 2021: $677,722Net Income 2021: $15,7102021Revenue 2022: $654,147Expenses 2022: $645,157Net Income 2022: $8,9902022Revenue 2023: $822,360Expenses 2023: $732,468Net Income 2023: $89,8922023Revenue 2024: $878,587Expenses 2024: $790,210Net Income 2024: $88,3772024

Highlighted filing

2016

Revenue$879,807
Expenses$917,552
Net Income-$37,745
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Apr 17, 2017
Return Version
2015v3.0
Gross Receipts
$879,807
Mission and Program Overview

Mission

To be a nationally competitive U.S.A. swim team. To fully develop each individual's ability to realize their dream through quality year round training. To develop well rounded student athletes. To encourage team spirit, open communication and sportsmanship. To foster a life long love for the sport of swimming.

Aquatic program for children from Illinois Indian Prairie School School District 204.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$444,090$406,345▼ $37,745
Total Assets$444,090$406,345▼ $37,745
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$444,090$406,345▼ $37,745
Total Net Assets Fund Balance$444,090$406,345▼ $37,745
Total Liabilities and Net Assets / Fund Balance$444,090$406,345▼ $37,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David KrotiakDirector/swim coachFT$113,060$113,060
Jason NiforatosDirector/swim coachPT$39,349$39,349

Board Members and Trustees

NameTitle
Carol MordachPresident
Dave FoxVice President
Vibhan ChetanSecretary
Maria PoedtkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$879,807
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-37,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$460,313
Other Expenses$457,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$283,116--$283,116
Current Officers, Directors, Trustees, and Key Employees$135,945$7,155-$143,100
Occupancy$125,418--$125,418
Travel$57,935--$57,935
Office Expenses$44,840$6,239-$51,079
Payroll Taxes$33,525$572-$34,097
Other Expenses$18,413--$18,413
All Other Expenses$9,650--$9,650
Fees for Services Other-$3,546-$3,546
Insurance-$1,660-$1,660
Fees for Services Accounting-$830-$830
Total Functional Expenses$897,550$20,002$0$917,552
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

Membership shall consist of parents or gaurdians of swim team participants in good standing.

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

Membership elects the governing body of the Organization.

Form 990, Part VI, Section B, line 11

The 990 was reviewed by the Board Treasurer and presented to the board prior to filing.

Form 990, Part VI, Section C, line 19

Financial statements and governing documents are discussed at the annual meeting of the Organization which is open to the general public.

Filing and Contact Details

Filer

Filer Name
Fox Valley Swim Team
EIN
32-0159073
Phone
6309786300
Address
PO Box 9135, Naperville, IL 60567

Signing Officer

Name
Maria Poedtke
Title
Treasurer
Phone
6309786300
Signed
2017-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Mordach
Formed
2005
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
4
Employees
26
Volunteers
400

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Avenue, Chicago, IL 60643
Preparer
Adam C Goyke CPA
Phone
7737794720
Raw XML Appendix326 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/MissionDesc0To be a nationally competitive U.S.A. swim team. To fully develop each individual's ability to realize their dream through quality year round training. To develop well rounded student athletes. To encourage team spirit, open communication and sportsmanship. To foster a life long love for the sport of swimming.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Membership shall consist of parents or gaurdians of swim team participants in good standing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Membership elects the governing body of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 990 was reviewed by the Board Treasurer and presented to the board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Financial statements and governing documents are discussed at the annual meeting of the Organization which is open to the general public.
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 B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fox Valley Swim Team
ReturnHeader/Filer/BusinessNameControlTxt0FOXV
ReturnHeader/Filer/EIN0320159073
ReturnHeader/Filer/PhoneNum06309786300
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 9135
ReturnHeader/Filer/USAddress/CityNm0Naperville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060567
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363321958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Desmond & Ahern Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010827 S Western Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060643
ReturnHeader/PreparerPersonGrp/PhoneNum07737794720
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adam C Goyke CPA
ReturnHeader/ReturnTs02017-04-17T10:38:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.54$0.78$4.77$8.79$7.90$0.88
2023Detailed filing. Detailed filing data is available for this year.$4.68$0.80$3.88$8.22$7.32$0.90
2022Detailed filing. Detailed filing data is available for this year.$3.52$0.54$2.99$6.54$6.45$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$1.26$1.95$6.93$6.78$0.16
2020Detailed filing. Detailed filing data is available for this year.$3.11$1.31$1.80$8.33$8.17$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.27$1.64$7.87$8.22$0.35
2017Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$8.94$8.92$0.01
2016Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$8.80$9.18$0.38
2015Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.44$8.43$9.26$0.83
2014Detailed filing. Detailed filing data is available for this year.$5.27$0.00$5.27$8.86$7.86$1.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.00$4.27$7.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.00$3.46$6.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.00$2.96$5.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.02$3.21$4.45