Civic Intelligence

Waterloo Sports Association

EIN 37-1190376 • 501(c)3 • Waterloo, IL

Profile

Waterloo sports association provides youth the opportunity to participate in athletic activities.

PO Box 281Waterloo, IL 62298

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$300,735

Up $25,248 (+9.2%) from 2023

Liabilities

Down

$4,713

Down $15,935 (-77%) from 2023

Net Assets

Up

$296,022

Up $41,183 (+16%) from 2023

Revenue

Up

$290,613

Up $26,163 (+9.9%) from 2023

Expenses

Up

$249,430

Up $21,834 (+9.6%) from 2023

Net Income

Up

$41,183

Up $4,329 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2020: $252,097Liabilities 2020: $64,794Net Assets 2020: $187,3032020Assets 2021: $256,009Liabilities 2021: $67,809Net Assets 2021: $188,2002021Assets 2022: $242,217Liabilities 2022: $24,232Net Assets 2022: $217,9852022Assets 2023: $275,487Liabilities 2023: $20,648Net Assets 2023: $254,8392023Assets 2024: $300,735Liabilities 2024: $4,713Net Assets 2024: $296,0222024

Highlighted filing

2024

Assets$300,735
Liabilities$4,713
Net Assets$296,022

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2020: $73,959Expenses 2020: $90,499Net Income 2020: -$16,5402020Revenue 2021: $218,811Expenses 2021: $217,914Net Income 2021: $8972021Revenue 2022: $237,620Expenses 2022: $207,835Net Income 2022: $29,7852022Revenue 2023: $264,450Expenses 2023: $227,596Net Income 2023: $36,8542023Revenue 2024: $290,613Expenses 2024: $249,430Net Income 2024: $41,1832024

Highlighted filing

2024

Revenue$290,613
Expenses$249,430
Net Income$41,183

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 31, 2025
Return Version
2024v5.2
Gross Receipts
$290,613
Mission and Program Overview

Mission

Waterloo sports association is organized with the mission of providing the youth of waterloo, illinois the opportunity to participate in sports.

Waterloo sports association provides youth the opportunity to participate in athletic activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$151,765$191,956▲ $40,191
Savings and Temporary Cash Investments$112,734$94,508▼ $18,226
Cash and Non-Interest-Bearing Accounts$10,988$14,271▲ $3,283
Loans From Officers Directors$20,648$4,713▼ $15,935
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$275,487$300,735▲ $25,248
Other Assets Total-$0-
Liabilities
Total Liabilities$20,648$4,713▼ $15,935
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$254,839$296,022▲ $41,183
Total Net Assets Fund Balance$254,839$296,022▲ $41,183
Total Liabilities and Net Assets / Fund Balance$275,487$300,735▲ $25,248

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$81,376$308,922$390,298
Buildings-$203,530$203,530
Land$99,784-$99,784
Equipment$10,377$76,837$87,214
Other Land Buildings$419$3,006$3,425
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tony MorrowPresident
Doug Van BurenVice President
Andrew BiffarTrustee
Chuck GreenTrustee
Joe MorganTrustee
Michele MateckiTrustee
Candace BeckSecretary
Dan KennedyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,575
Program Service Revenue
$164,551
Investment Income
$3,637
Other Revenue
$83,850
All Other Contributions
$21,250
Change in Net Assets
$41,183

Audited Revenue Reconciliation

Revenue per Audited Statements
$290,613
Total Revenue per Audited Statements
$290,613
Total Revenue per Form 990
$290,613
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,430
Total Fundraising Expense$163
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$63,239$2,260$163$65,662
Other Expenses$28,024$3,114-$31,138
Insurance$17,544--$17,544
Depreciation Depletion$11,552--$11,552
Fees for Services Accounting-$9,700-$9,700
Fees for Services Other$4,673--$4,673
Interest-$545-$545
Total Functional Expenses$201,749$47,518$163$249,430

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$249,430
Total Expenses per Audited Statements$249,430
Total Expenses per Form 990$249,430
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$20,648$4,713▼ $15,935
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
Audit committee
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

A draft copy of form 990 is provided to the organization's governing body before it is filed. The governing body makes changes if necessary prior to filing.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Waterloo Sports Association
EIN
37-1190376
Phone
6189399925
Address
PO BOX 281, WATERLOO, IL 62298

Signing Officer

Name
Tony Morrow
Title
President
Signed
2025-07-31
Discuss with paid preparer
Yes

Organization Details

Formed
1964
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
FEW CPAs
Address
205 S Main, Columbia, IL 62236
Preparer
Curtis Stoll CPA
Phone
6182814999
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

BANK FEES: Column (A) - Total = $26; Column (B) - Program Services = $26; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FUEL: Column (A) - Total = $1696; Column (B) - Program Services = $1696; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FUNDRAISING : Column (A) - Total = $163; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $163

Form 990, Part IX, Line 24E

OFFICIALS: Column (A) - Total = $15430; Column (B) - Program Services = $15430; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Postage and Shipping: Column (A) - Total = $165; Column (B) - Program Services = $0; Column (C) - Management & General = $165; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

REAL ESTATE TAXES: Column (A) - Total = $18331; Column (B) - Program Services = $18331; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SPORTS EQUIPMENT: Column (A) - Total = $15948; Column (B) - Program Services = $15948; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TELEPHONE: Column (A) - Total = $2095; Column (B) - Program Services = $0; Column (C) - Management & General = $2095; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

UTILITIES: Column (A) - Total = $11808; Column (B) - Program Services = $11808; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONCESSION SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0117061
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0117061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147490
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027016
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03728
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0227596
IRS990/PYOtherRevenueAmt083809
IRS990/PYProgramServiceRevenueAmt0149897
IRS990/PYRevenuesLessExpensesAmt036854
IRS990/PYTotalExpensesAmt0227596
IRS990/PYTotalRevenueAmt0264450
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt041183
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0252037
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0112734
IRS990/SavingsAndTempCashInvstGrp/EOYAmt094508
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt027016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0141480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0224806
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0224806
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt027016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08710
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0141480
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09025
IRS990ScheduleA/Total509Grp/TotalAmt0224806
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt038575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt027016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08710
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0141480
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09025
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0224806
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0203530
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0203530
IRS990ScheduleD/EquipmentGrp/BookValueAmt010377
IRS990ScheduleD/EquipmentGrp/DepreciationAmt076837
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt087214
IRS990ScheduleD/ExpensesSubtotalAmt0249430
IRS990ScheduleD/LandGrp/BookValueAmt099784
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt099784
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt081376
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0308922
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0390298
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0419
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03425
IRS990ScheduleD/RevenueSubtotalAmt0290613
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0191956
IRS990ScheduleD/TotalExpensesPerForm990Amt0249430
IRS990ScheduleD/TotalRevenuePerForm990Amt0290613
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0290613
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0249430
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED. THE GOVERNING BODY MAKES CHANGES IF NECESSARY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK FEES: Column (A) - Total = $26; Column (B) - Program Services = $26; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUEL: Column (A) - Total = $1696; Column (B) - Program Services = $1696; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING : Column (A) - Total = $163; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICIALS: Column (A) - Total = $15430; Column (B) - Program Services = $15430; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Postage and Shipping: Column (A) - Total = $165; Column (B) - Program Services = $0; Column (C) - Management & General = $165; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7REAL ESTATE TAXES: Column (A) - Total = $18331; Column (B) - Program Services = $18331; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SPORTS EQUIPMENT: Column (A) - Total = $15948; Column (B) - Program Services = $15948; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE: Column (A) - Total = $2095; Column (B) - Program Services = $0; Column (C) - Management & General = $2095; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10UTILITIES: Column (A) - Total = $11808; Column (B) - Program Services = $11808; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0275487
IRS990/TotalAssetsEOYAmt0300735
IRS990/TotalAssetsGrp/BOYAmt0275487
IRS990/TotalAssetsGrp/EOYAmt0300735
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt038575
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0163
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047518
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201749
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249430
IRS990/TotalGrossUBIAmt00

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