Civic Intelligence

Thistle Class Association

990EZ • Fiscal year 2022 • EIN 36-2553059

Oct 01, 2021 to Sep 30, 2022 • Filed on Feb 02, 2023

645 East Park AvenueBarberton, OH 44203

(713) 412-4722

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$9,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 15.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

50th percentile

0.7%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

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

Assets

Up

$64,491

Up $473 (+0.7%) from 2021

Net Assets

Up

$64,491

Up $473 (+0.7%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$60,064

Down $23,942 (-29%) from 2021

Expenses

Up

$60,341

Up $10,056 (+20%) from 2021

Net Income

Down

-$277

Down $33,998 (-101%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2019: $54,681Liabilities 2019: $0Net Assets 2019: $54,6812019Assets 2020: $34,513Liabilities 2020: $0Net Assets 2020: $34,5132020Assets 2021: $64,018Liabilities 2021: $0Net Assets 2021: $64,0182021Assets 2022: $64,491Liabilities 2022: $0Net Assets 2022: $64,4912022Assets 2023: $80,950Liabilities 2023: $0Net Assets 2023: $80,9502023Assets 2024: $150,363Liabilities 2024: $0Net Assets 2024: $150,3632024Assets 2025: $143,121Net Assets 2025: $143,1212025

Highlighted filing

2022

Assets$64,491
Liabilities$0
Net Assets$64,491

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $41,537Expenses 2019: $23,672Net Income 2019: $17,8652019Revenue 2020: $61,654Expenses 2020: $72,271Net Income 2020: -$10,6172020Revenue 2021: $84,006Expenses 2021: $50,285Net Income 2021: $33,7212021Revenue 2022: $60,064Expenses 2022: $60,341Net Income 2022: -$2772022Revenue 2023: $71,478Expenses 2023: $55,019Net Income 2023: $16,4592023Revenue 2024: $125,673Expenses 2024: $56,260Net Income 2024: $69,4132024Revenue 2025: $53,825Expenses 2025: $61,067Net Income 2025: -$7,2422025

Highlighted filing

2022

Revenue$60,064
Expenses$60,341
Net Income-$277
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Feb 2, 2023
Return Version
2021v4.2
Gross Receipts
$60,064
Mission and Program Overview

Mission

To promote and educate about thistle class sailing

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
PROVIDE A FORUM FOR THISTLE CLASS SAILING ENTHUSIASTS, PUBLISH AND DISTRIBUTE A MAGAZINE/NEWSLETTER TO THE MEMBERS, AND ASSIST IN THE MANAGEMENT OF THISTLE CLASS SAILING EVENTS.-$60,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DIANNE DUCKWORTHSecretaryPT$9,000-$9,000
SARAH PAISLEYTreasurerPT$9,000-$9,000
JOHN HOWELL IIIPresident-$0--
NICOLE SHEDDENFirst Vice-President-$0--
WARREN DUCKWORTH2nd Vice-President-$0--
AARON HOLLAND3rd Vice-President-$0--
WAYNE PIGNOLETChief Measurer-$0--
TOM HUBBELLPast President-$0--
Filing and Contact Details

Filer

Filer Name
Thistle Class Association
EIN
36-2553059
Address
645 EAST PARK AVENUE, BARBERTON, OH 44203

Signing Officer

Name
Sarah Paisley
Title
Treasurer
Signed
2023-02-02
Discuss with paid preparer
Yes

Preparer

Firm
Knifley Accounting & Tax CPA Pllc
Address
225 EXCHANGE ST, Geneva, NY 14456
Preparer
John S Knifley CPA
Phone
3158281909
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountbank fees and adjustments 228us sailing dues 225office supplies 607advertising 300insurance 2,988computer and it expense 2,164trophy 2,471merchandise supply 675miscellaneous 325growth and promotion 3,120stripe fees 2,307contributions 6,000

Other changes in net assets or fund balances Part I line 20

Description amountprior period adjustment 750

Personal benefit contract statement Part V

The 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.

Part III response or note to any other line in Part III

Primary exempt purpose: promote & educate about thistle class sailing

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTBANK FEES AND ADJUSTMENTS 228US SAILING DUES 225OFFICE SUPPLIES 607ADVERTISING 300INSURANCE 2,988COMPUTER AND IT EXPENSE 2,164TROPHY 2,471MERCHANDISE SUPPLY 675MISCELLANEOUS 325GROWTH AND PROMOTION 3,120STRIPE FEES 2,307CONTRIBUTIONS 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTPRIOR PERIOD ADJUSTMENT 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIMARY EXEMPT PURPOSE: PROMOTE & EDUCATE ABOUT THISTLE CLASS SAILING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Personal benefit contract statement Part V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
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ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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