Civic Intelligence

Blue Wave Basketball Co Steve Haines

990EZ • Fiscal year 2020 • EIN 45-2401279

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

79 Blue Spruce Farm RoadWestbrook, ME 04092

(207) 233-2677

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.03x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

78th percentile

$4,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

6233%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-32%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$76,058

Up $74,857 (+6233%) from 2019

Net Assets

Up

$70,121

Up $78,662 (+921%) from 2019

Liabilities

Down

$5,937

Down $3,805 (-39%) from 2019

Revenue

Down

$184,027

Down $87,293 (-32%) from 2019

Expenses

Down

$105,365

Down $174,357 (-62%) from 2019

Net Income

Up

$78,662

Up $87,064 (+1036%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2013: $13,873Liabilities 2013: $6802013Assets 2014: $18,541Liabilities 2014: $0Net Assets 2014: $18,5412014Assets 2015: $4,546Liabilities 2015: $15,863Net Assets 2015: -$11,3172015Assets 2016: $1,720Liabilities 2016: $8,634Net Assets 2016: -$6,9142016Assets 2017: $2,734Liabilities 2017: $2,364Net Assets 2017: $3702017Assets 2018: $5,766Liabilities 2018: $5,905Net Assets 2018: -$1392018Assets 2019: $1,201Liabilities 2019: $9,742Net Assets 2019: -$8,5412019Assets 2020: $76,058Liabilities 2020: $5,937Net Assets 2020: $70,1212020Assets 2021: $91,259Liabilities 2021: $9,815Net Assets 2021: $81,4442021Assets 2022: $24,560Liabilities 2022: $9,815Net Assets 2022: $14,7452022Assets 2023: $28,260Liabilities 2023: $5,928Net Assets 2023: $22,3322023Assets 2024: $30,959Liabilities 2024: $2,340Net Assets 2024: $28,6192024

Highlighted filing

2020

Assets$76,058
Liabilities$5,937
Net Assets$70,121

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $141,711Expenses 2013: $153,238Net Income 2013: -$11,5272013Revenue 2014: $240,070Expenses 2014: $210,002Net Income 2014: $30,0682014Revenue 2015: $182,606Expenses 2015: $212,464Net Income 2015: -$29,8582015Revenue 2016: $235,096Expenses 2016: $230,693Net Income 2016: $4,4032016Revenue 2017: $249,375Expenses 2017: $242,091Net Income 2017: $7,2842017Revenue 2018: $248,719Expenses 2018: $249,228Net Income 2018: -$5092018Revenue 2019: $271,320Expenses 2019: $279,722Net Income 2019: -$8,4022019Revenue 2020: $184,027Expenses 2020: $105,365Net Income 2020: $78,6622020Revenue 2021: $229,689Expenses 2021: $218,366Net Income 2021: $11,3232021Revenue 2022: $163,009Expenses 2022: $229,708Net Income 2022: -$66,6992022Revenue 2023: $249,343Expenses 2023: $241,756Net Income 2023: $7,5872023Revenue 2024: $254,847Expenses 2024: $248,560Net Income 2024: $6,2872024

Highlighted filing

2020

Revenue$184,027
Expenses$105,365
Net Income$78,662
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 2, 2021
Return Version
2020v4.0
Gross Receipts
$184,378
Mission and Program Overview

Mission

Blue Wave Basketball programs focus on strengthening fundamentals, understanding the game, and instilling confidence in young athletes in the game of basketball.

Program Services

DescriptionGrantsExpenses
Maine Sports Group's mission is to provide opportunities for children to play and develop their youth sports skills; offer scholarships to families unable to afford fee-based sports programs; as well as discounted rentals rates of the gymnasium to other non-profits.$94,698-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve HainesSecretary-$4,000-$4,000
Shawn LegasseyPresident-$0--
Dajuan EubanksTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Maine Sports Group
EIN
45-2401279
Phone
2072332677
Address
79 Blue Spruce Farm Road, Westbrook, ME 04092

Signing Officer

Name
Steve Haines
Title
Director
Signed
2021-11-02
Discuss with paid preparer
Yes

Preparer

Firm
Mcleod Ascanio & Company
Address
15 SKY VIEW DRIVE SUITE 101 - LOWER, CUMBERLAND FORESIDE, ME 04110
Preparer
Matthew R Barbour CPA
Phone
2078782727
Supplemental Narrative

Additional Explanations

Other Revenue.1

Vending sales $158

Other Expenses.1001

Advertising and Promotion $78

Other Expenses.1002

Office Expenses $1022

Other Expenses.1012

Insurance $790

Other Expenses.1

Repairs & maintenance $10109

Other Expenses.2

Event Expenses $3243

Other Expenses.3

Concession stand expenses $1189

Other Expenses.4

Meals $854

Other Expenses.5

MISCELLANEOUS $792

Other Expenses.6

UNIFORMS $125

Other Expenses.7

EQUIPMENT EXPENSE $14

Other Assets.1005

Accounts Receivable - Beginning $1200 Accounts Receivable - Ending $1200

Total Liabilities.1

DEFERRED REVENUE - Beginning $5905 DEFERRED REVENUE - Ending $5905

Total Liabilities.2

Overdraft - Beginning $3837 Overdraft - Ending $0

Raw XML Appendix186 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Vending sales $158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $78
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $1022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $790
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE $10109
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event Expenses $3243
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Concession stand expenses $1189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Meals $854
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MISCELLANEOUS $792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UNIFORMS $125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EQUIPMENT EXPENSE $14
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts Receivable - Beginning $1200 Accounts Receivable - Ending $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12DEFERRED REVENUE - Beginning $5905 DEFERRED REVENUE - Ending $5905
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Overdraft - Beginning $3837 Overdraft - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Steve Haines
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAINE SPORTS GROUP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0co Steve Haines
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ReturnHeader/Filer/EIN0452401279
ReturnHeader/Filer/PhoneNum02072332677
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004092
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010504993
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCLEOD ASCANIO & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 SKY VIEW DRIVE SUITE 101 - LOWER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUMBERLAND FORESIDE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd004110
ReturnHeader/PreparerPersonGrp/PhoneNum02078782727
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Matthew R Barbour CPA
ReturnHeader/ReturnTs02021-11-10T18:05:12-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Steve
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Haines
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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