Civic Intelligence

Ocean Adventure Racing Northwest

990EZ • Fiscal year 2018 • EIN 33-1118938

May 01, 2017 to Apr 30, 2018 • Filed on Mar 04, 2019

PO Box 31402Seattle, WA 98103

(206) 795-4184

Siviq Scores

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

Liabilities / Assets

99th percentile

6.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

7.18x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

4th percentile

-148%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

5th percentile

-69%

Faster asset growth than 5% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-94%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,622

Down $5,845 (-69%) from 2017

Net Assets

Down

-$14,667

Down $4,845 (-49%) from 2017

Liabilities

Down

$17,289

Down $1,000 (-5.5%) from 2017

Revenue

Down

$2,407

Down $34,890 (-94%) from 2017

Expenses

Down

$5,962

Down $30,776 (-84%) from 2017

Net Income

Down

-$3,555

Down $4,114 (-736%) from 2017

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20K-$40KAssets 2013: $5,628Liabilities 2013: $37,500Net Assets 2013: -$31,8722013Assets 2014: $35,571Liabilities 2014: $10,000Net Assets 2014: $25,5712014Assets 2015: $10,126Liabilities 2015: $18,319Net Assets 2015: -$8,1932015Assets 2016: $7,938Liabilities 2016: $18,319Net Assets 2016: -$10,3812016Assets 2017: $8,467Liabilities 2017: $18,289Net Assets 2017: -$9,8222017Assets 2018: $2,622Liabilities 2018: $17,289Net Assets 2018: -$14,6672018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$2,622
Liabilities$17,289
Net Assets-$14,667

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2013: $166,9202013Revenue 2014: $158,018Expenses 2014: $100,575Net Income 2014: $57,4432014Revenue 2015: $6,033Expenses 2015: $38,744Net Income 2015: -$32,7112015Revenue 2016: $23,259Expenses 2016: $25,447Net Income 2016: -$2,1882016Revenue 2017: $37,297Expenses 2017: $36,738Net Income 2017: $5592017Revenue 2018: $2,407Expenses 2018: $5,962Net Income 2018: -$3,5552018Revenue 2019: $18,728Expenses 2019: $4,061Net Income 2019: $14,6672019

Highlighted filing

2018

Revenue$2,407
Expenses$5,962
Net Income-$3,555
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Mar 4, 2019
Return Version
2017v2.3
Gross Receipts
$2,407
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
EXPERIENTIAL LEARNING, EDUCATIONAL OUTREACH, AND DATA COLLECTION THROUGH THE ADVENTURE MISSISSIPPI RIVER PROGRAM.$0$2,567
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JORDAN HANSSENPresidentPT$0--
TRAVIS RUFFSecretary-$0--
CONNOR INSLEEOfficerPT$0--
JEFF CORDICKOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Ocean Adventure Racing Northwest
EIN
33-1118938
Phone
2067954184
Address
PO BOX 31402, SEATTLE, WA 98103

Signing Officer

Name
Jordan Hanssen
Title
President
Phone
2536785863
Signed
2019-03-04
Discuss with paid preparer
Yes

Preparer

Firm
Jacobson Jarvis & Co Pllc
Address
200 FIRST AVE WEST SUITE 200, SEATTLE, WA 98119-4219
Preparer
Howard Donkin CPA
Phone
2066288990
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest . Amount: 2.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: reimbursed expenses. Amount: 2,405.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 926.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: automobile expense. Amount: 215. Description: maintenance and repairs. Amount: 121. Description: insurance. Amount: 2,063. Description: dues and subscriptions. Amount: 84. Total to form 990-ez, line 16: 2,483.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustments. Amount: -1,290.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 926. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to officers. Beg. Of year amount: 18,289. End of year amount: 17,289.

Raw XML Appendix173 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JORDAN HANSSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum02536785863
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 31402
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098103
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07541
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/GrossReceiptsAmt02407
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-9822
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-14667
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-9822
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-14667
IRS990EZ/OccupancyRentUtltsAndMaintAmt0926
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JORDAN HANSSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TRAVIS RUFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CONNOR INSLEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF CORDICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3OFFICER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0926
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-1290
IRS990EZ/OtherExpensesTotalAmt02483
IRS990EZ/OtherRevenueTotalAmt02405
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPERIENTIAL LEARNING, EDUCATIONAL OUTREACH, AND DATA COLLECTION THROUGH THE ADVENTURE MISSISSIPPI RIVER PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02567
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0WA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt018289
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017289
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05962
IRS990EZ/TotalProgramServiceExpensesAmt02567
IRS990EZ/TotalRevenueAmt02407
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OARNORTHWEST.COM
IRS990ScheduleA/FactsAndCircumstancesTestTxt0DURING THE FISCAL YEAR ENDED 4/30/18 THE ORGANIZATION DECIDED TO WRAP UP OPERATIONS BY THE 4/30/19 YEAR END. UNTIL THAT TIME, THE ORGANIZATION IS PAYING OUT THE FINAL EXPENSES OF THE ORGANIZATION AND OF THE PROGRAMS. THE FISCAL YEAR ENDING 4/30/19 IS THE FINAL YEAR OF OPERATIONS.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt037287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt036137
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt021742
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0102470
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0105025
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.21210
IRS990ScheduleA/PublicSupportPY170Pct00.27130
IRS990ScheduleA/PublicSupportTotal170Amt044038
IRS990ScheduleA/SubstantialContributorsTotAmt058507
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt037287
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt036137
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0102545
IRS990ScheduleA/TotalSupportAmt0207615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST . AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: REIMBURSED EXPENSES. AMOUNT: 2,405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 926.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: AUTOMOBILE EXPENSE. AMOUNT: 215. DESCRIPTION: MAINTENANCE AND REPAIRS. AMOUNT: 121. DESCRIPTION: INSURANCE. AMOUNT: 2,063. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 84. TOTAL TO FORM 990-EZ, LINE 16: 2,483.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PRIOR PERIOD ADJUSTMENTS. AMOUNT: -1,290.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 926. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: DUE TO OFFICERS. BEG. OF YEAR AMOUNT: 18,289. END OF YEAR AMOUNT: 17,289.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JORDAN HANSSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02536785863
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCEAN ADVENTURE RACING NORTHWEST
ReturnHeader/Filer/BusinessNameControlTxt0OCEA
ReturnHeader/Filer/EIN0331118938
ReturnHeader/Filer/PhoneNum02067954184
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 31402
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CEBD717F4B3351FF1B977296098DBAF35E2BFDE6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01BEBD05DFEE09A3A213EBA9D85F535FB86A25C5F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.210.254.4
ReturnHeader/FilingSecurityInformation/IPDt02019-03-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm017:36:41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0912011386
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACOBSON JARVIS & CO PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0200 FIRST AVE WEST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0981194219
ReturnHeader/PreparerPersonGrp/PhoneNum02066288990
ReturnHeader/PreparerPersonGrp/PreparationDt02019-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD DONKIN CPA
ReturnHeader/ReturnTs02019-03-15T19:01:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-05-01
ReturnHeader/TaxPeriodEndDt02018-04-30
ReturnHeader/TaxYr02017

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Filings