Civic Intelligence

Midwest Water Polo & Aquatics Assoc

990EZ • Fiscal year 2013 • EIN 38-3646681

Jan 01, 2013 to Dec 31, 2013 • Filed on May 05, 2014

4114 N Cass AvePalos Heights, IL 60559

(630) 691-3347

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

35th percentile

-2.4%

Higher net margin than 35% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

39th percentile

-3.0%

Faster asset growth than 39% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

49th percentile

0.8%

Faster revenue growth than 49% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$34,252

Down $1,044 (-3.0%) from 2012

Net Assets

Down

$34,252

Down $1,044 (-3.0%) from 2012

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$43,175

Up $362 (+0.8%) from 2012

Expenses

Up

$44,218

Up $6,623 (+18%) from 2012

Net Income

Down

-$1,043

Down $6,261 (-120%) from 2012

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $30,076Liabilities 2011: $02011Assets 2012: $35,296Net Assets 2012: $35,2962012Assets 2013: $34,252Liabilities 2013: $0Net Assets 2013: $34,2522013Assets 2014: $37,491Liabilities 2014: $0Net Assets 2014: $37,4912014Assets 2015: $39,032Liabilities 2015: $0Net Assets 2015: $39,0322015Assets 2016: $47,994Liabilities 2016: $0Net Assets 2016: $47,9942016Assets 2017: $53,883Liabilities 2017: $02017Assets 2022: $53,744Liabilities 2022: $0Net Assets 2022: $53,7442022Assets 2023: $54,255Liabilities 2023: $0Net Assets 2023: $54,2552023Assets 2024: $53,833Net Assets 2024: $53,8332024

Highlighted filing

2013

Assets$34,252
Liabilities$0
Net Assets$34,252

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $52,449Expenses 2011: $53,849Net Income 2011: -$1,4002011Revenue 2012: $42,813Expenses 2012: $37,595Net Income 2012: $5,2182012Revenue 2013: $43,175Expenses 2013: $44,218Net Income 2013: -$1,0432013Revenue 2014: $52,072Expenses 2014: $48,833Net Income 2014: $3,2392014Revenue 2015: $43,030Expenses 2015: $41,489Net Income 2015: $1,5412015Revenue 2016: $41,357Expenses 2016: $32,395Net Income 2016: $8,9622016Revenue 2017: $40,986Expenses 2017: $36,608Net Income 2017: $4,3782017Revenue 2022: $19,239Expenses 2022: $20,573Net Income 2022: -$1,3342022Revenue 2023: $23,338Expenses 2023: $22,827Net Income 2023: $5112023Revenue 2024: $17,290Expenses 2024: $17,712Net Income 2024: -$4222024

Highlighted filing

2013

Revenue$43,175
Expenses$44,218
Net Income-$1,043
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 5, 2014
Return Version
2013v3.1
Gross Receipts
$43,175
Mission and Program Overview

Mission

To foster the development of the sport of water polo, initially in IL and subsequently the Midwest.

To foster the development of the sport of water polo, initially in illinois and subsequently the midwest. The association will accomplish this goal by developing an organizational structure that will create programs that cultivate the skills of amateur water polo athletes, coaches, timers, managers and officials. The programs will be available to amateur athletes of all socio-economical backgrounds, ages and skill levels. Programs will also be available for handicapped water polo athletes. To accomplish these goals the association will obtain pool time at a local aquatic facility where the aforementioned participants can register for training programs and competitive leagues. The association hopes to develop athletes who will compete at the local, regional, national & international levels. The association will promote & organize local, national & international water polo tournaments in illinois consistent with the standards of quality set forth by the us water polo assoc. The revenue f

Program Services

DescriptionGrantsExpenses
EXPENSE RELATED TO PLAYER CLINIC AND IL WATER POLO FUND RAISING DINNER.-$44,218
TO FOSTER THE DEVELOPMENT OF THE SPORT OF WATER POLO,INITIALLY IN ILLINOIS AND SUBSEQUENTLY THE MIDWEST.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD MARSHPresident-$0--
MARK MENISTreasurer-$0--
PERRY KORBAKISVice Preside-$0--
CAROL MACOLASecretary-$0--
Filing and Contact Details

Filer

EIN
38-3646681

Signing Officer

Name
Mark Menis
Title
Treasurer
Signed
2014-05-05

Preparer

Preparer
Richard Depew
Phone
6307699000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses accounting 125 banquet awards/printing 2,395 banquet meals 3,194 entry fees 34,552 il state tax filing 15 odp fees 494 postage 143 web site development 300 scholarships 3,000 total 44,218

Form 990-ez, Part I, Line 20

ROUNDING 0

Form 990-ez, Part III

To foster the development of the sport of water polo, initially in illinois and subsequently the midwest. The association will accomplish this goal by developing an organizational structure that will create programs that cultivate the skills of amateur water polo athletes, coaches, timers, managers and officials. The programs will be available to amateur athletes of all socio-economical backgrounds, ages and skill levels. Programs will also be available for handicapped water polo athletes. To accomplish these goals the association will obtain pool time at a local aquatic facility where the aforementioned participants can register for training programs and competitive leagues. The association hopes to develop athletes who will compete at the local, regional, national & international levels. The association will promote & organize local, national & international water polo tournaments in illinois consistent with the standards of quality set forth by the us water polo assoc. The revenue from tournaments, program revenues and public support will eventually be used to develop a world class facility in chicago, il for use by water polo athletes as well as for use by athletes engaged in other aquatic events.

Form 990-ez, Part III, Line 31

Expense related to player clinic and il water polo fund raising dinner.

Raw XML Appendix131 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0RICHARD MARSH
CompensationExplanation/CompensationExplanationGrp/PersonNm1MARK MENIS
CompensationExplanation/CompensationExplanationGrp/PersonNm2PERRY KORBAKIS
CompensationExplanation/CompensationExplanationGrp/PersonNm3CAROL MACOLA
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MARK MENIS
IRS990EZ/BooksInCareOfDetail/PhoneNum06306913347
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10225 BROOKLEA CT
IRS990EZ/BooksInCareOfDetail/USAddress/City0NAPERVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/State0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode060565
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035296
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IRS990EZ/ContributionsGiftsGrantsEtcAmt043175
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD MARSH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK MENIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PERRY KORBAKIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CAROL MACOLA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt044218
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER THE DEVELOPMENT OF THE SPORT OF WATER POLO, INITIALLY IN ILLINOIS AND SUBSEQUENTLY THE MIDWEST. THE ASSOCIATION WILL ACCOMPLISH THIS GOAL BY DEVELOPING AN ORGANIZATIONAL STRUCTURE THAT WILL CREATE PROGRAMS THAT CULTIVATE THE SKILLS OF AMATEUR WATER POLO ATHLETES, COACHES, TIMERS, MANAGERS AND OFFICIALS. THE PROGRAMS WILL BE AVAILABLE TO AMATEUR ATHLETES OF ALL SOCIO-ECONOMICAL BACKGROUNDS, AGES AND SKILL LEVELS. PROGRAMS WILL ALSO BE AVAILABLE FOR HANDICAPPED WATER POLO ATHLETES. TO ACCOMPLISH THESE GOALS THE ASSOCIATION WILL OBTAIN POOL TIME AT A LOCAL AQUATIC FACILITY WHERE THE AFOREMENTIONED PARTICIPANTS CAN REGISTER FOR TRAINING PROGRAMS AND COMPETITIVE LEAGUES. THE ASSOCIATION HOPES TO DEVELOP ATHLETES WHO WILL COMPETE AT THE LOCAL, REGIONAL, NATIONAL & INTERNATIONAL LEVELS. THE ASSOCIATION WILL PROMOTE & ORGANIZE LOCAL, NATIONAL & INTERNATIONAL WATER POLO TOURNAMENTS IN ILLINOIS CONSISTENT WITH THE STANDARDS OF QUALITY SET FORTH BY THE US WATER POLO ASSOC. THE REVENUE F
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FOSTER THE DEVELOPMENT OF THE SPORT OF WATER POLO,INITIALLY IN ILLINOIS AND SUBSEQUENTLY THE MIDWEST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EXPENSE RELATED TO PLAYER CLINIC AND IL WATER POLO FUND RAISING DINNER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt044218
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044218
IRS990EZ/TotalProgramServiceExpensesAmt044218
IRS990EZ/TotalRevenueAmt043175
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt052449
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt045536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt027496
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0211469
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/PublicSupportTotal509Amt0211469
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt043175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt042813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt052449
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt045536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt027496
IRS990ScheduleA/Total509Grp/TotalAmt0211469
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt043175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt042813
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt045536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt027496
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0211469
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ACCOUNTING 125 BANQUET AWARDS/PRINTING 2,395 BANQUET MEALS 3,194 ENTRY FEES 34,552 IL STATE TAX FILING 15 ODP FEES 494 POSTAGE 143 WEB SITE DEVELOPMENT 300 SCHOLARSHIPS 3,000 TOTAL 44,218
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROUNDING 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO FOSTER THE DEVELOPMENT OF THE SPORT OF WATER POLO, INITIALLY IN ILLINOIS AND SUBSEQUENTLY THE MIDWEST. THE ASSOCIATION WILL ACCOMPLISH THIS GOAL BY DEVELOPING AN ORGANIZATIONAL STRUCTURE THAT WILL CREATE PROGRAMS THAT CULTIVATE THE SKILLS OF AMATEUR WATER POLO ATHLETES, COACHES, TIMERS, MANAGERS AND OFFICIALS. THE PROGRAMS WILL BE AVAILABLE TO AMATEUR ATHLETES OF ALL SOCIO-ECONOMICAL BACKGROUNDS, AGES AND SKILL LEVELS. PROGRAMS WILL ALSO BE AVAILABLE FOR HANDICAPPED WATER POLO ATHLETES. TO ACCOMPLISH THESE GOALS THE ASSOCIATION WILL OBTAIN POOL TIME AT A LOCAL AQUATIC FACILITY WHERE THE AFOREMENTIONED PARTICIPANTS CAN REGISTER FOR TRAINING PROGRAMS AND COMPETITIVE LEAGUES. THE ASSOCIATION HOPES TO DEVELOP ATHLETES WHO WILL COMPETE AT THE LOCAL, REGIONAL, NATIONAL & INTERNATIONAL LEVELS. THE ASSOCIATION WILL PROMOTE & ORGANIZE LOCAL, NATIONAL & INTERNATIONAL WATER POLO TOURNAMENTS IN ILLINOIS CONSISTENT WITH THE STANDARDS OF QUALITY SET FORTH BY THE US WATER POLO ASSOC. THE REVENUE FROM TOURNAMENTS, PROGRAM REVENUES AND PUBLIC SUPPORT WILL EVENTUALLY BE USED TO DEVELOP A WORLD CLASS FACILITY IN CHICAGO, IL FOR USE BY WATER POLO ATHLETES AS WELL AS FOR USE BY ATHLETES ENGAGED IN OTHER AQUATIC EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSE RELATED TO PLAYER CLINIC AND IL WATER POLO FUND RAISING DINNER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK MENIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine10MIDWEST WATER POLO & AQUATICS ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0383646681
ReturnHeader/Filer/USAddress/AddressLine104114 N CASS AVE
ReturnHeader/Filer/USAddress/City0WESTMONT
ReturnHeader/Filer/USAddress/State0IL
ReturnHeader/Filer/USAddress/ZIPCode060559
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PROFIT CONTROLS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine104114 N CASS AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WESTMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode060559
ReturnHeader/PreparerPersonGrp/PhoneNum06307699000
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD DEPEW
ReturnHeader/ReturnTs02014-05-12T08:44:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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