Civic Intelligence

Minisink Aquatics Inc.

990EZ • Fiscal year 2020 • EIN 45-4833884

Sep 01, 2019 to Aug 31, 2020 • Filed on Sep 24, 2020

PO Box 2Slate Hill, NY 10973

(845) 697-5029

Siviq Scores

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

Liabilities / Assets

88th percentile

0.63x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

82nd percentile

0.22x

Higher debt load relative to revenue than 82% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Net Margin

47th percentile

2.5%

Higher net margin than 47% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2020 filings • NTEE O50 • <$500k nonprofits • Source year 2020

Asset Growth

89th percentile

232%

Faster asset growth than 89% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-20%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • NTEE O50 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$38,317

Up $26,775 (+232%) from 2019

Net Assets

$14,258

No earlier filing loaded for comparison.

Liabilities

Up

$24,059

Up $24,059 from 2019

Revenue

Down

$107,979

Down $27,538 (-20%) from 2019

Expenses

Down

$105,262

Down $34,116 (-24%) from 2019

Net Income

Up

$2,717

Up $6,578 (+170%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2012: $11,932Liabilities 2012: $13,4882012Assets 2013: $5,597Net Assets 2013: $5,5972013Assets 2014: $11,520Liabilities 2014: $02014Assets 2015: $13,431Net Assets 2015: $13,4312015Assets 2016: $12,462Net Assets 2016: $12,4622016Assets 2017: $10,406Liabilities 2017: $02017Assets 2018: $15,405Liabilities 2018: $02018Assets 2019: $11,542Liabilities 2019: $02019Assets 2020: $38,317Liabilities 2020: $24,059Net Assets 2020: $14,2582020Assets 2021: $14,801Liabilities 2021: $02021Assets 2022: $24,499Liabilities 2022: $2,881Net Assets 2022: $21,6182022

Highlighted filing

2020

Assets$38,317
Liabilities$24,059
Net Assets$14,258

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $17,175Expenses 2012: $18,731Net Income 2012: -$1,5562012Revenue 2013: $85,626Expenses 2013: $78,472Net Income 2013: $7,1542013Revenue 2014: $80,647Expenses 2014: $74,725Net Income 2014: $5,9222014Revenue 2015: $86,131Expenses 2015: $84,220Net Income 2015: $1,9112015Revenue 2016: $67,660Expenses 2016: $68,630Net Income 2016: -$9702016Revenue 2017: $67,953Expenses 2017: $70,011Net Income 2017: -$2,0582017Revenue 2018: $134,450Expenses 2018: $129,449Net Income 2018: $5,0012018Revenue 2019: $135,517Expenses 2019: $139,378Net Income 2019: -$3,8612019Revenue 2020: $107,979Expenses 2020: $105,262Net Income 2020: $2,7172020Revenue 2021: $75,831Expenses 2021: $75,288Net Income 2021: $5432021Revenue 2022: $50,347Expenses 2022: $43,531Net Income 2022: $6,8162022

Highlighted filing

2020

Revenue$107,979
Expenses$105,262
Net Income$2,717
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Sep 24, 2020
Return Version
2019v5.0
Gross Receipts
$107,979
Mission and Program Overview

Mission

To afford its minor children members the opportunity to practice, train and compete in aquatic activities at the amateur level under a structured environment while concurrently developing a high standard of honesty, integrity and good sportmanship within them and throughout the entire membership.

Program Services

DescriptionGrantsExpenses
TO AFFORD ITS MINOR CHILDREN MEMBERS THE OPPORTUNITY TO PRACTICE, TRAIN AND COMPETE IN AQUATIC ACTIVITIES AT THE AMATEUR LEVEL UNDER A STRUCTURED ENVIRONMENT WHILE CONCURRENTLY DEVELOPING A HIGH STANDARD OF HONESTY, INTEGRITY AND GOOD SPORTMANSHIP WITHIN THEM AND THROUGHOUT THE ENTIRE MEMBERSHIP.-$101,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHY SOMMERPresidentPT$0--
DAN GIBBONSVice Preside-$0--
JULIE COACHE-LEGERTreasurerPT$0--
MIKE MOHYLASecretary-$0--
SEAN SHAWDirector-$0--
TRAVIS MCAULEYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minisink Aquatics Inc
EIN
45-4833884
Phone
8456975029
Address
PO BOX 2, SLATE HILL, NY 10973

Signing Officer

Name
Julie Coache-leger
Title
Treasurer
Phone
8454210866
Signed
2020-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Kkb & N Cpas
Address
20 GROVE STREET, MIDDLETOWN, NY 10940
Preparer
Lori a Vreeland CPA
Phone
8453425818
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Concession cost of goods sold 1,716 expenses office 2,613 travel 123 insurance 2,205 supplies 1,877 background checks & certs 415 banquets & parties 263 nys char 500 50 meeting expenses 114 total 9,376

Form 990-ez, Part II, Line 24

Accounts receivable 3,821 4,708 total 3,821 4,708

Form 990-ez, Part II, Line 26

Deferred revenue 0 24,059

Form 990-ez, Part III

To afford its minor children members the opportunity to practice, train and compete in aquatic activities at the amateur level under a structured environment while concurrently developing a high standard of honesty, integrity and good sportmanship within them and throughout the entire membership.

Form 990-ez, Part III, Line 28

To afford its minor children members the opportunity to practice, train and compete in aquatic activities at the amateur level under a structured environment while concurrently developing a high standard of honesty, integrity and good sportmanship within them and throughout the entire membership.

Raw XML Appendix166 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONCESSION COST OF GOODS SOLD 1,716 EXPENSES OFFICE 2,613 TRAVEL 123 INSURANCE 2,205 SUPPLIES 1,877 BACKGROUND CHECKS & CERTS 415 BANQUETS & PARTIES 263 NYS CHAR 500 50 MEETING EXPENSES 114 TOTAL 9,376
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 3,821 4,708 TOTAL 3,821 4,708
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 0 24,059
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO AFFORD ITS MINOR CHILDREN MEMBERS THE OPPORTUNITY TO PRACTICE, TRAIN AND COMPETE IN AQUATIC ACTIVITIES AT THE AMATEUR LEVEL UNDER A STRUCTURED ENVIRONMENT WHILE CONCURRENTLY DEVELOPING A HIGH STANDARD OF HONESTY, INTEGRITY AND GOOD SPORTMANSHIP WITHIN THEM AND THROUGHOUT THE ENTIRE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO AFFORD ITS MINOR CHILDREN MEMBERS THE OPPORTUNITY TO PRACTICE, TRAIN AND COMPETE IN AQUATIC ACTIVITIES AT THE AMATEUR LEVEL UNDER A STRUCTURED ENVIRONMENT WHILE CONCURRENTLY DEVELOPING A HIGH STANDARD OF HONESTY, INTEGRITY AND GOOD SPORTMANSHIP WITHIN THEM AND THROUGHOUT THE ENTIRE MEMBERSHIP.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
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ReturnHeader/ReturnTs02020-10-02T06:30:52-05:00
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ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits