Civic Intelligence

Newton Park Inc.

990 • Fiscal year 2011 • EIN 35-2118679

Jan 01, 2011 to Dec 31, 2011 • Filed on Aug 16, 2012

65465 US 3146536
Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

48th percentile

0.2%

Faster asset growth than 48% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$6,751,103

Up $11,866 (+0.2%) from 2010

Net Assets

Up

$6,747,060

Up $12,657 (+0.2%) from 2010

Liabilities

Down

$4,043

Down $791 (-16%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$322,241

Down $2,710 (-0.8%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $6,739,237Liabilities 2010: $4,834Net Assets 2010: $6,734,4032010Assets 2011: $6,751,103Liabilities 2011: $4,043Net Assets 2011: $6,747,0602011Assets 2012: $6,920,578Liabilities 2012: $55,026Net Assets 2012: $6,865,5522012Assets 2013: $6,635,824Liabilities 2013: $5,203Net Assets 2013: $6,630,6212013Assets 2014: $6,157,790Liabilities 2014: $1,977Net Assets 2014: $6,155,8132014Assets 2015: $5,709,615Liabilities 2015: $1,553Net Assets 2015: $5,708,0622015Assets 2016: $5,370,315Liabilities 2016: $0Net Assets 2016: $5,370,3152016Assets 2017: $5,310,532Liabilities 2017: $37,772Net Assets 2017: $5,272,7602017Assets 2018: $5,624,155Liabilities 2018: $7,476Net Assets 2018: $5,616,6792018Assets 2019: $5,408,344Liabilities 2019: $6,578Net Assets 2019: $5,401,7662019Assets 2020: $5,001,947Liabilities 2020: $11,590Net Assets 2020: $4,990,3572020Assets 2021: $5,064,916Liabilities 2021: $0Net Assets 2021: $5,064,9162021Assets 2022: $4,942,561Liabilities 2022: $29,610Net Assets 2022: $4,912,9512022Assets 2023: $4,926,974Liabilities 2023: $13,014Net Assets 2023: $4,913,9602023Assets 2024: $4,792,927Liabilities 2024: $9,928Net Assets 2024: $4,782,9992024

Highlighted filing

2011

Assets$6,751,103
Liabilities$4,043
Net Assets$6,747,060

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $324,9512010Expenses 2011: $322,2412011Expenses 2012: $283,4362012Revenue 2013: $590,468Expenses 2013: $825,399Net Income 2013: -$234,9312013Revenue 2014: $537,125Expenses 2014: $1,011,933Net Income 2014: -$474,8082014Revenue 2015: $378,684Expenses 2015: $826,435Net Income 2015: -$447,7512015Revenue 2016: $457,723Expenses 2016: $795,470Net Income 2016: -$337,7472016Revenue 2017: $697,232Expenses 2017: $794,787Net Income 2017: -$97,5552017Revenue 2018: $1,204,120Expenses 2018: $860,201Net Income 2018: $343,9192018Revenue 2019: $856,780Expenses 2019: $1,070,598Net Income 2019: -$213,8182019Revenue 2020: $735,587Expenses 2020: $1,146,996Net Income 2020: -$411,4092020Revenue 2021: $1,072,900Expenses 2021: $998,341Net Income 2021: $74,5592021Revenue 2022: $1,018,552Expenses 2022: $1,181,238Net Income 2022: -$162,6862022Revenue 2023: $1,455,297Expenses 2023: $1,450,790Net Income 2023: $4,5072023Revenue 2024: $1,419,500Expenses 2024: $1,550,461Net Income 2024: -$130,9612024

Highlighted filing

2011

Revenue-
Expenses$322,241
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Aug 16, 2012
Return Version
2011v1.2
Gross Receipts
$395,575
Mission and Program Overview

Mission

Newton Park was built for fun and to help safely prepare our children, both physically and mentally, to be better citizens of this community. Newton Park uses team sports to teach our children fundamental and advanced athletic skills, as well as the value of teamwork and sportsmanship.

Filing and Contact Details

Filer

EIN
35-2118679
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IRS990/Description0NEWTON PARK IS THE PREMIER SPORTS RENTAL FACILITY IN THE MIDWEST. NEWTON PARK, LOCATED IN LAKEVILLE, INDIANA, IS A SPRAWLING 35-ACRE RECREATIONAL COMPLEX CONSISTING OF SIX SOCCER FIELDS AND FOUR BASEBALL DIAMONDS USED BY VARIOUS ORGANIZATIONS TO PROVIDE RECREATIONAL AND PHYSICAL EDUCATION ACTIVITIES IN VARIOUS SPORTS. NEWTON PARK SERVES BOTH CHARITABLE AND EDUCATIONAL PURPOSES BY PROVIDING THE FACILITIES FOR VARIOUS SPORTS ENDEAVORS; CHILDREN AND ADULTS PARTICIPATING IN THE ORGANIZED ACTIVITIES LEARN TEAM BUILDING AND SOCIAL SKILLS AND MAINTAIN PHYSICAL FITNESS AS A RESULT OF USING THE FACILITIES.
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IRS990ScheduleA/GeneralExplanation0DESCRIPTION OF NON-MONETARY SUPPORT, SCHEDULE A, PART I, LINE 11H, UNION NORTH SCHOOL CORPORATION: NEWTON PARK INC. DOES NOT CONTRIBUTE CASH RESOURCES TO THE SUPPORTED ORGANIZATIONS BUT PROVIDES THE FACILITIES FOR USE BY THE SUPPORTED ORGANIZATIONS. LAKEVILLE UNITED METHODIST CHURCH: NEWTON PARK INC. DOES NOT CONTRIBUTE CASH RESOURCES TO THE SUPPORTED ORGANIZATIONS BUT PROVIDES THE FACILITIES FOR USE BY THE SUPPORTED ORGANIZATIONS. ,
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0COMPENSATION FOR THE ORGANIZATION'S PRESIDENT IS PAID BY HOOSIER RACING TIRE CORP. (HOOSIER), A RELATED ORGANIZATION. HOOSIER USES THE FOLLOWING METHODS TO ESTABLISH THE PRESIDENT'S COMPENSATION: -COMPENSATION SURVEY OR STUDY
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IRS990ScheduleO/GeneralExplanation/Explanation0ACCORDING TO THE ORGANIZATION'S BYLAWS, THE BOARD OF DIRECTORS, BY RESOLUTION ADOPTED BY A MAJORITY OF THE BOARD, MAY DESIGNATE ONE OR MORE COMMITTEES, EACH OF WHICH SHALL CONSIST OF TWO OR MORE DIRECTORS, WHICH COMMITTEES, TO THE EXTENT PROVIDED IN SAID RESOLUTION, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION. THE DESIGNATION OF ANY SUCH COMMITTEE AND THE DELEGATION THEREOF OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS, OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED BY LAW.
IRS990ScheduleO/GeneralExplanation/Explanation1JOYCE L. NEWTON, MARJORIE D. SKAGGS, AND SCOTTY L. MERRILL - FAMILY RELATIONSHIP
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION'S PRESIDENT REVIEWS A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, WITH THE ORGANIZATION'S TAX ADVISORS PRIOR TO SUBMITTING TO THE IRS. A COPY IS ALSO PROVIDED TO THE ORGANIZATION'S OTHER BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ORGANIZATION'S OFFICERS AND DIRECTORS COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. ONCE THE QUESTIONNAIRES ARE COMPLETED, THE ORGANIZATION'S ASSISTANT CONTROLLER AND TAX ADVISORS REVIEW THE RESPONSES FOR ANY POTENTIAL CONFLICTS OF INTEREST. IF ANY CONFLICTS OF INTEREST ARE DETERMINED TO EXIST, THE BOARD PRESIDENT WOULD BE NOTIFIED AND WOULD BE HANDLED ON A CASE-BY-CASE BASIS AS APPROPRIATE.
IRS990ScheduleO/GeneralExplanation/Explanation4COMPENSATON FOR NEWTON PARK'S TOP MANAGEMENT OFFICIAL IS PAID BY HOOSIER RACING TIRE CORP., A RELATED ORGANIZATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
IRS990ScheduleO/GeneralExplanation/Explanation5COMPENSATON FOR NEWTON PARK'S OTHER OFFICERS IS PAID BY HOOSIER RACING TIRE CORP., A RELATED ORGANIZATION. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS.
IRS990ScheduleO/GeneralExplanation/Explanation6FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.
IRS990ScheduleO/GeneralExplanation/Explanation7MARJORIE D. SKAGGS - MARJORIE D. SKAGGS DEVOTES TIME TO HOOSIER RACING TIRE CORP, A RELATED ORGANIZATION, AS A FULL-TIME, PAID EMPLOYEE. SCOTTY L. MERRILL - SCOTTY L. MERRILL DEVOTES TIME TO HOOSIER RACING TIRE CORP, A RELATED ORGANIZATION, AS A FULL-TIME, PAID EMPLOYEE. JOYCE L. NEWTON - JOYCE L. NEWTON DEVOTES TIME TO HOOSIER RACING TIRE CORP, A RELATED ORGANIZATION, AS A FULL-TIME, PAID EMPLOYEE.
IRS990ScheduleO/GeneralExplanation/Identifier0Delegate broad authority to a committee
IRS990ScheduleO/GeneralExplanation/Identifier1Family/business relationships amongst interested persons
IRS990ScheduleO/GeneralExplanation/Identifier2Review of form 990 by governing body
IRS990ScheduleO/GeneralExplanation/Identifier3Conflict of interest policy
IRS990ScheduleO/GeneralExplanation/Identifier4PROCESS USED TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier5PROCESS USED TO ESTABLISH COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES
IRS990ScheduleO/GeneralExplanation/Identifier6Governing documents, conflict of interest policy and financial statements available to the public
IRS990ScheduleO/GeneralExplanation/Identifier7Average hours worked per week for related organization
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part VII, Section A, Column B
IRS990/ScheduleORequired0true
IRS990ScheduleR/ExchangeOfAssets0false
IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/AddressLine1065465 US 31
IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/City0LAKEVILLE
IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/State0IN
IRS990ScheduleR/Form990ScheduleRPartIV/AddressUS/ZIPCode046536
IRS990ScheduleR/Form990ScheduleRPartIV/DirectControllingEntityName/BusinessNameLine10NA
IRS990ScheduleR/Form990ScheduleRPartIV/EIN0351082163
IRS990ScheduleR/Form990ScheduleRPartIV/LegalDomicileState0IN
IRS990ScheduleR/Form990ScheduleRPartIV/NameOfRelatedOrg/BusinessNameLine10HOOSIER RACING TIRE CORP
IRS990ScheduleR/Form990ScheduleRPartIV/PrimaryActivity0TIRE SALES & PRODUCTION
IRS990ScheduleR/Form990ScheduleRPartIV/TypeOfEntity0S CORPORATION
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg0false
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg0false
IRS990ScheduleR/OtherTransferFromOtherOrg0false
IRS990ScheduleR/OtherTransferToOtherOrg0false
IRS990ScheduleR/PerformOfServicesByOtherOrgs0false
IRS990ScheduleR/PerformOfServicesForOtherOrgs0false
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg0false
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties0false
IRS990ScheduleR/ReimbursementPaidByOtherOrg0false
IRS990ScheduleR/ReimbursementPaidToOtherOrg0true
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs0false
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs0false
IRS990ScheduleR/SaleOfAssetsToOtherOrg0false
IRS990ScheduleR/SharingOfFacilities0true
IRS990ScheduleR/SharingOfPaidEmployees0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.79$0.01$4.78$1.42$1.55$0.13
2023Detailed filing. Detailed filing data is available for this year.$4.93$0.01$4.91$1.46$1.45$0.00
2022Detailed filing. Detailed filing data is available for this year.$4.94$0.03$4.91$1.02$1.18$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$1.07$1.00$0.07
2020Detailed filing. Detailed filing data is available for this year.$5.00$0.01$4.99$0.74$1.15$0.41
2019Detailed filing. Detailed filing data is available for this year.$5.41$0.01$5.40$0.86$1.07$0.21
2018Detailed filing. Detailed filing data is available for this year.$5.62$0.01$5.62$1.20$0.86$0.34
2017Detailed filing. Detailed filing data is available for this year.$5.31$0.04$5.27$0.70$0.79$0.10
2016Detailed filing. Detailed filing data is available for this year.$5.37$0.00$5.37$0.46$0.80$0.34
2015Detailed filing. Detailed filing data is available for this year.$5.71$0.00$5.71$0.38$0.83$0.45
2014Detailed filing. Detailed filing data is available for this year.$6.16$0.00$6.16$0.54$1.01$0.47
2013Detailed filing. Detailed filing data is available for this year.$6.64$0.01$6.63$0.59$0.83$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.92$0.06$6.87$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.00$6.75$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.74$0.00$6.73$0.32