Civic Intelligence

Team Valley Wrestling

990EZ • Fiscal year 2021 • EIN 45-3058899

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 10, 2022

Organization ProfileN/A
2599 180th StreetBelmond, IA 50421-7543

(641) 444-4703

Siviq Scores

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

Liabilities / Assets

89th percentile

0.49x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

2.02x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

35th percentile

-2.6%

Faster asset growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-24%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$409,692

Down $10,832 (-2.6%) from 2020

Net Assets

Up

$209,033

Up $41,144 (+25%) from 2020

Liabilities

Down

$200,659

Down $51,976 (-21%) from 2020

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin82nd percentile

Revenue

Down

$99,377

Down $31,765 (-24%) from 2020

Expenses

Down

$58,232

Down $6,560 (-10%) from 2020

Net Income

Down

$41,145

Down $25,205 (-38%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$600K$400K$200K$0Assets 2012: $6,357Net Assets 2012: $6,3572012Assets 2013: $7,166Net Assets 2013: $7,1662013Assets 2014: $598Net Assets 2014: $5982014Assets 2015: $17,668Net Assets 2015: $17,6682015Assets 2016: $480,739Liabilities 2016: $400,000Net Assets 2016: $80,7392016Assets 2017: $478,971Liabilities 2017: $405,468Net Assets 2017: $73,5032017Assets 2018: $458,529Liabilities 2018: $363,515Net Assets 2018: $95,0142018Assets 2019: $441,599Liabilities 2019: $340,060Net Assets 2019: $101,5392019Assets 2020: $420,524Liabilities 2020: $252,635Net Assets 2020: $167,8892020Assets 2021: $409,692Liabilities 2021: $200,659Net Assets 2021: $209,0332021Assets 2022: $391,815Liabilities 2022: $187,151Net Assets 2022: $204,6642022Assets 2023: $386,175Liabilities 2023: $169,503Net Assets 2023: $216,6722023Assets 2024: $370,729Liabilities 2024: $151,004Net Assets 2024: $219,7252024

Highlighted filing

2021

Assets$409,692
Liabilities$200,659
Net Assets$209,033
Open 2021 Filing

Operations Trend

Revenue Growth29th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $63,163Expenses 2012: $59,413Net Income 2012: $3,7502012Revenue 2013: $74,013Expenses 2013: $73,204Net Income 2013: $8092013Revenue 2014: $77,580Expenses 2014: $84,148Net Income 2014: -$6,5682014Revenue 2015: $80,421Expenses 2015: $63,351Net Income 2015: $17,0702015Revenue 2016: $145,755Expenses 2016: $82,684Net Income 2016: $63,0712016Revenue 2017: $73,509Expenses 2017: $79,194Net Income 2017: -$5,6852017Revenue 2018: $102,419Expenses 2018: $80,908Net Income 2018: $21,5112018Revenue 2019: $92,592Expenses 2019: $86,068Net Income 2019: $6,5242019Revenue 2020: $131,142Expenses 2020: $64,792Net Income 2020: $66,3502020Revenue 2021: $99,377Expenses 2021: $58,232Net Income 2021: $41,1452021Revenue 2022: $36,154Expenses 2022: $40,522Net Income 2022: -$4,3682022Revenue 2023: $59,640Expenses 2023: $47,631Net Income 2023: $12,0092023Revenue 2024: $51,692Expenses 2024: $48,640Net Income 2024: $3,0522024

Highlighted filing

2021

Revenue$99,377
Expenses$58,232
Net Income$41,145
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 10, 2022
Return Version
2021v4.0
Gross Receipts
$99,377
Mission and Program Overview

Mission

Team valley wrestling is organized and chartered exclusively to provide wrestling instruction and education to children in the north iowa area which is both accessible and economical to the participants and their families.

Team valley wrestling was organized and chartered exclusively to provide wrestling instruction and education to children in the north iowa area.

Program Services

DescriptionGrantsExpenses
PROVIDING WRESTLING INSTRUCTION AND EDUCATION TO CHILDREN IN THE NORTH IOWA AREA.-$59,207
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEREMY D ABBASPresident-$0--
TROY G SEABAVice Preside-$0--
DANIEL M GABRIELSONSecretary/Tr-$0--
DAVID K MORGAN JRDirector-$0--
JENNIFER TRENARYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Team Valley Wrestling
EIN
45-3058899
Phone
6414444703
Address
2599 180TH STREET, BELMOND, IA 50421-7543

Signing Officer

Name
Jeremy D Abbas
Title
President
Phone
6414444703
Signed
2022-02-10
Discuss with paid preparer
Yes

Preparer

Firm
Dk Arndt Pc
Address
324 E MAIN ST- POBOX 185, BELMOND, IA 50421-0185
Preparer
Betty L Nash CPA
Phone
6414444042
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank charges 586 telephone expense 389 interest expense 9,660 insurance expense 1,631 non-investment depreciation 1,692 total 13,958”

Form 990-ez, Part II, Line 24

“Equipment 25,368 25,368 less accumulated depreciation 7,610 9,302 total 17,758 16,066”

Form 990-ez, Part II, Line 26

“Building loan - first citizens bank 251,385 200,000 state payroll taxes payable 294 162 fica taxes payable 956 497”

Form 990-ez, Part III

“Team valley wrestling was organized and chartered exclusively to provide wrestling instruction and education to children in the north iowa area.”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JEREMY D ABBAS
IRS990EZ/BooksInCareOfDetail/PhoneNum06414444703
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01655 140TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt01655 140TH ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KANAWHA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050447
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01803
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04476
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt099377
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt041145
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02085
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0420523
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0409692
IRS990EZ/GrossReceiptsAmt099377
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0400962
IRS990EZ/LandAndBuildingsGrp/EOYAmt0389150
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0167888
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0209033
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0167888
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0209033
IRS990EZ/OccupancyRentUtltsAndMaintAmt018506
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEREMY D ABBAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TROY G SEABA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL M GABRIELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID K MORGAN JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JENNIFER TRENARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017758
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016066
IRS990EZ/OtherExpensesTotalAmt013958
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TEAM VALLEY WRESTLING WAS ORGANIZED AND CHARTERED EXCLUSIVELY TO PROVIDE WRESTLING INSTRUCTION AND EDUCATION TO CHILDREN IN THE NORTH IOWA AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING WRESTLING INSTRUCTION AND EDUCATION TO CHILDREN IN THE NORTH IOWA AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt059207
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023683
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0252635
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0200659
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058232
IRS990EZ/TotalProgramServiceExpensesAmt059207
IRS990EZ/TotalRevenueAmt099377
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0131141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt092589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0102411
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt085255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0510773
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt015984
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0510773
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099377
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0131141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt092589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0102411
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt085255
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0510773
IRS990ScheduleA/TotalSupportAmt0510773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK CHARGES 586 TELEPHONE EXPENSE 389 INTEREST EXPENSE 9,660 INSURANCE EXPENSE 1,631 NON-INVESTMENT DEPRECIATION 1,692 TOTAL 13,958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 25,368 25,368 LESS ACCUMULATED DEPRECIATION 7,610 9,302 TOTAL 17,758 16,066
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUILDING LOAN - FIRST CITIZENS BANK 251,385 200,000 STATE PAYROLL TAXES PAYABLE 294 162 FICA TAXES PAYABLE 956 497
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TEAM VALLEY WRESTLING WAS ORGANIZED AND CHARTERED EXCLUSIVELY TO PROVIDE WRESTLING INSTRUCTION AND EDUCATION TO CHILDREN IN THE NORTH IOWA AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEREMY D ABBAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06414444703
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM VALLEY WRESTLING
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0453058899
ReturnHeader/Filer/PhoneNum06414444703
ReturnHeader/Filer/USAddress/AddressLine1Txt02599 180TH STREET
ReturnHeader/Filer/USAddress/CityNm0BELMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd0504217543
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421462004
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DK ARNDT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0324 E MAIN ST- POBOX 185
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0504210185
ReturnHeader/PreparerPersonGrp/PhoneNum06414444042
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETTY L NASH CPA
ReturnHeader/ReturnTs02022-02-24T20:52:19-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEREMY D
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ABBAS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$409,692
Liabilities
$200,659
Net assets
$209,033
Revenue
$99,377
Expenses
$58,232
Net income
$41,145
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.71$1.51$2.20$0.52$0.49$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.86$1.70$2.17$0.60$0.48$0.12
2022Detailed filing. Detailed filing data is available for this year.$3.92$1.87$2.05$0.36$0.41$0.04
2021Detailed filing. Detailed filing data is available for this year.$4.10$2.01$2.09$0.99$0.58$0.41
2020Detailed filing. Detailed filing data is available for this year.$4.21$2.53$1.68$1.31$0.65$0.66
2019Detailed filing. Detailed filing data is available for this year.$4.42$3.40$1.02$0.93$0.86$0.07
2018Detailed filing. Detailed filing data is available for this year.$4.59$3.64$0.95$1.02$0.81$0.22
2017Detailed filing. Detailed filing data is available for this year.$4.79$4.05$0.74$0.74$0.79$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.81$4.00$0.81$1.46$0.83$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.80$0.63$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.78$0.84$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.07$0.74$0.73$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.63$0.59$0.04