Civic Intelligence

Circle City Aquatics

990 • Fiscal year 2023 • EIN 33-0846837

Apr 01, 2022 to Mar 31, 2023 • Filed on Aug 15, 2023

P O Box 77183Corona, CA 92877

(951) 870-7887

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

52nd percentile

4.9%

Higher net margin than 52% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

11th percentile

-20%

Faster asset growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

36%

Faster revenue growth than 75% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$154,750

Down $39,388 (-20%) from 2022

Net Assets

Up

$154,750

Up $34,401 (+29%) from 2022

Liabilities

Down

$0

Down $73,789 (-100%) from 2022

Revenue

Up

$695,444

Up $182,398 (+36%) from 2022

Expenses

Up

$661,043

Up $133,875 (+25%) from 2022

Net Income

Up

$34,401

Up $48,523 (+344%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $20,824Net Assets 2011: $20,8242011Assets 2015: $131,784Liabilities 2015: $0Net Assets 2015: $131,7842015Assets 2016: $131,878Liabilities 2016: $0Net Assets 2016: $131,8782016Assets 2017: $92,209Liabilities 2017: $0Net Assets 2017: $92,2092017Assets 2018: $73,057Liabilities 2018: $0Net Assets 2018: $73,0572018Assets 2019: $188,832Liabilities 2019: $0Net Assets 2019: $188,8322019Assets 2020: $206,241Liabilities 2020: $157Net Assets 2020: $206,0842020Assets 2021: $208,092Liabilities 2021: $73,621Net Assets 2021: $134,4712021Assets 2022: $194,138Liabilities 2022: $73,789Net Assets 2022: $120,3492022Assets 2023: $154,750Liabilities 2023: $0Net Assets 2023: $154,7502023Assets 2024: $79,113Liabilities 2024: $0Net Assets 2024: $79,1132024Assets 2025: $70,391Liabilities 2025: $0Net Assets 2025: $70,3912025

Highlighted filing

2023

Assets$154,750
Liabilities$0
Net Assets$154,750

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $92,101Expenses 2011: $98,280Net Income 2011: -$6,1792011Revenue 2015: $453,038Expenses 2015: $387,419Net Income 2015: $65,6192015Revenue 2016: $451,320Expenses 2016: $451,226Net Income 2016: $942016Revenue 2017: $592,389Expenses 2017: $632,058Net Income 2017: -$39,6692017Revenue 2018: $459,014Expenses 2018: $478,166Net Income 2018: -$19,1522018Revenue 2019: $668,172Expenses 2019: $552,397Net Income 2019: $115,7752019Revenue 2020: $638,425Expenses 2020: $621,173Net Income 2020: $17,2522020Revenue 2021: $180,844Expenses 2021: $252,457Net Income 2021: -$71,6132021Revenue 2022: $513,046Expenses 2022: $527,168Net Income 2022: -$14,1222022Revenue 2023: $695,444Expenses 2023: $661,043Net Income 2023: $34,4012023Revenue 2024: $764,995Expenses 2024: $840,632Net Income 2024: -$75,6372024Revenue 2025: $669,865Expenses 2025: $655,025Net Income 2025: $14,8402025

Highlighted filing

2023

Revenue$695,444
Expenses$661,043
Net Income$34,401
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Aug 15, 2023
Return Version
2022v5.0
Gross Receipts
$714,697
Mission and Program Overview

Mission

Circle city aquatics is a year round competitive swim club fostering age group swim training and swim competition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$184,782$147,685▼ $37,097
Land, Buildings, and Equipment, Net$9,356$7,065▼ $2,291
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$194,138$154,750▼ $39,388
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$73,464--
Other Liabilities$325--
Total Liabilities$73,789$0▼ $73,789
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$120,349$154,750▲ $34,401
Total Net Assets Fund Balance$120,349$154,750▲ $34,401
Total Liabilities and Net Assets / Fund Balance$194,138$154,750▼ $39,388

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,065$15,847$22,912
Compensation and Service Providers

Board Members and Trustees

NameTitle
Glenn MaPresident
Mimi ChenVice President
Kelly PotterEvent Coord
Kendra BiermanMeet manager
Donna HseihProp Shop
Zoe MilkieSecretary
Mary Kim LeeTreasurer
Lisa HemVolunteers
David KohlWays & Means
Revenue and Support

Revenue Composition

Contributions and Grants
$452,141
Program Service Revenue
$253,801
Investment Income
$5
Other Revenue
$-10,503
Change in Net Assets
$34,401
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$396,000
Other Expenses$265,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$364,584--$364,584
All Other Expenses$60,186$540-$60,726
Occupancy$41,678--$41,678
Payroll Taxes$31,416--$31,416
Insurance$13,658$1,856-$15,514
Other Expenses$11,557--$11,557
Travel$6,758--$6,758
Depreciation Depletion$2,291--$2,291
Fees for Services Accounting-$900-$900
Total Functional Expenses$657,747$3,296$0$661,043
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,253
Fundraising Gross Income$3,600
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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
No
Management duties delegated
No

Governance Explanations

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

Copy will be provided to the treasurer for board review and approval prior to filing of the return.

Form 990, Part VI, Section C, Line 19

Documents made available upon request.

Filing and Contact Details

Filer

Filer Name
Circle City Aquatics
EIN
33-0846837
Phone
9518707887
Address
P O BOX 77183, CORONA, CA 92877

Signing Officer

Name
Glenn Ma
Title
President
Signed
2023-08-15
Discuss with paid preparer
Yes

Organization Details

Formed
1999
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
25
Volunteers
315

Preparer

Firm
Vincent P Amatulli CPA Inc
Address
2275 Sampson Ave Ste 106, Corona, CA 92879
Preparer
Vincent P Amatulli CPA
Phone
9517361120
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IRS990/PYTotalRevenueAmt0513046
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt034401
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0452140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0343444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0149784
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0419427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0421968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01786763
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0253801
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0162817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0104524
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0218998
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0243695
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0983835
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08750
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06785
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015535
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99440
IRS990ScheduleA/PublicSupportPY509Pct00.99730
IRS990ScheduleA/PublicSupportTotal509Amt02770598
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0705941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0506261
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0254308
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0638425
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0665663
IRS990ScheduleA/Total509Grp/TotalAmt02770598
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0714691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0513046
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0254308
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0638425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0665663
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02786133
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt07065
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015847
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022912
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07065
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY WILL BE PROVIDED TO THE TREASURER FOR BOARD REVIEW AND APPROVAL PRIOR TO FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0194138
IRS990/TotalAssetsEOYAmt0154750
IRS990/TotalAssetsGrp/BOYAmt0194138
IRS990/TotalAssetsGrp/EOYAmt0154750
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0452141
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03296
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0657747
IRS990/TotalFunctionalExpensesGrp/TotalAmt0661043
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073789
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt073789
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0120349
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0154750
IRS990/TotalProgramServiceExpensesAmt0657747
IRS990/TotalProgramServiceRevenueAmt0253801
IRS990/TotalRevenueGrp/ExclusionAmt05155
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0253801
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0695444
IRS990/TotalVolunteersCnt0315
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0194138
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0154750
IRS990/TravelGrp/ProgramServicesAmt06758
IRS990/TravelGrp/TotalAmt06758
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt073464
IRS990/USAddress/AddressLine1Txt0P O BOX 77183
IRS990/USAddress/CityNm0CORONA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd0928770106
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A

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