Civic Intelligence

Parati Competitive Rowing

990EZ • Fiscal year 2016 • EIN 45-5618578

Jun 01, 2015 to May 31, 2016 • Filed on Sep 06, 2016

PO Box 8164Spring, TX 77387

(832) 510-6288

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.21x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.38x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

81st percentile

39%

Faster asset growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

95th percentile

154%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$312,037

Up $86,853 (+39%) from 2015

Net Assets

$245,660

No earlier filing loaded for comparison.

Liabilities

Up

$66,377

Up $26,948 (+68%) from 2015

Revenue

Up

$172,557

Up $104,574 (+154%) from 2015

Expenses

Up

$112,652

Up $61,744 (+121%) from 2015

Net Income

Up

$59,905

Up $42,830 (+251%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $94,379Liabilities 2012: $40,6692012Assets 2013: $155,047Liabilities 2013: $52,032Net Assets 2013: $103,0152013Assets 2014: $194,029Liabilities 2014: $25,349Net Assets 2014: $168,6802014Assets 2015: $225,184Liabilities 2015: $39,4292015Assets 2016: $312,037Liabilities 2016: $66,377Net Assets 2016: $245,6602016Assets 2017: $416,070Liabilities 2017: $101,279Net Assets 2017: $314,7912017Assets 2018: $299,860Liabilities 2018: $110,901Net Assets 2018: $188,9592018Assets 2019: $344,889Liabilities 2019: $103,829Net Assets 2019: $241,0602019Assets 2020: $260,332Liabilities 2020: $45,149Net Assets 2020: $215,1832020Assets 2021: $236,862Liabilities 2021: $79,304Net Assets 2021: $157,5582021Assets 2022: $194,066Liabilities 2022: $73,803Net Assets 2022: $120,2632022Assets 2023: $192,147Liabilities 2023: $63,549Net Assets 2023: $128,5982023Assets 2024: $173,406Liabilities 2024: $56,735Net Assets 2024: $116,6712024Assets 2025: $133,146Liabilities 2025: $67,202Net Assets 2025: $65,9442025

Highlighted filing

2016

Assets$312,037
Liabilities$66,377
Net Assets$245,660

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $67,706Expenses 2012: $13,996Net Income 2012: $53,7102012Revenue 2013: $115,704Expenses 2013: $66,399Net Income 2013: $49,3052013Revenue 2014: $132,234Expenses 2014: $66,569Net Income 2014: $65,6652014Revenue 2015: $67,983Expenses 2015: $50,908Net Income 2015: $17,0752015Revenue 2016: $172,557Expenses 2016: $112,652Net Income 2016: $59,9052016Revenue 2017: $194,819Expenses 2017: $152,081Net Income 2017: $42,7382017Revenue 2018: $133,257Expenses 2018: $230,473Net Income 2018: -$97,2162018Revenue 2019: $203,574Expenses 2019: $151,473Net Income 2019: $52,1012019Revenue 2020: $243,026Expenses 2020: $268,835Net Income 2020: -$25,8092020Revenue 2021: $146,282Expenses 2021: $200,690Net Income 2021: -$54,4082021Revenue 2022: $168,787Expenses 2022: $206,171Net Income 2022: -$37,3842022Revenue 2023: $125,058Expenses 2023: $116,723Net Income 2023: $8,3352023Revenue 2024: $152,227Expenses 2024: $164,154Net Income 2024: -$11,9272024Revenue 2025: $200,369Expenses 2025: $271,862Net Income 2025: -$71,4932025

Highlighted filing

2016

Revenue$172,557
Expenses$112,652
Net Income$59,905
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Sep 6, 2016
Return Version
2015v2.1
Gross Receipts
$198,631
Mission and Program Overview

Mission

See Schedule O

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O-$112,652
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISA BUTEROTreasurerPT$0--
MICHELLE CASTROSecretaryPT$0--
MARCO DALPEDRIPresidentPT$0--
SIMON EASTWICKMember At LargePT$0--
CAY SHELLUM-GONZALEZMember At LargePT$0--
ANTHONY MONTANOOmbudsmanPT$0--
JAN ROSMANAdministrative CoachPT$0--
MICHAEL ROSMANCoachPT$0--
HELEN SCHOFIELDMember At Large-$0--
Filing and Contact Details

Filer

Filer Name
Parati Competitive Rowing
EIN
45-5618578
Phone
8325106288
Address
PO BOX 8164, SPRING, TX 77387

Signing Officer

Name
Marco Dalpedri
Title
President
Phone
8325106288
Signed
2016-09-06
Discuss with paid preparer
Yes

Preparer

Firm
Barbara Davis CPA
Address
12107 SHORE LANDS RD, CYPRESS, TX 77433-2405
Preparer
Barbara Davis
Phone
7139061003
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Organization's Primary Exempt Purpose:

Pt III, Line 31

With a mission to inspire teens to a lifelong commitment of excellence, Parati's all-volunteer organization provides competitive youth("crew")rowing program, opportunities to compete in local, regional, and national USrowing Regattas, teen social events, and mentoring to teens in 8th-12th grades. Through affordable membership fees and scholarships, Parati also seeks: to expand the reach of youth rowing to diverse populations; overcome the barriers to entry into the sport of youth rowing; provide teens a springboard to catapult themselves into leading universities and future leadership positions in business, the military, government, and our communities.

Pt III, Line 31

Statement of Program Service Accomplishments:

Pt III, Line 31

Competitive Youth Rowing Program: In just three years, and rowing from primitive facilities in Northshore Park in The Woodlands, TX, Parati has produced 11 State of Texas rowing champions, qualified 19 teens for USRowing Youth National Championships, and helped teens gain entrance to top universities such as MIT, Duke, Rice, Northwestern, the US Air Force Academy, the US Naval Academy, and the University of Texas, Austin. In May 2016, Parati had 47 teen rowers (28 male / 19 female). Parati's motto, "Paratus Enim Vitae," means prepared for life, and to date 140 teens (92 male and 48 female) have benefited from the intensity and crucible of character development that is competitive crew rowing.

Form 990EZ, Part I, Line 8

Yearbook Income 757.

Form 990EZ, Part I, Line 8

Net Event Income 3795.

Form 990EZ, Part I, Line 8

Gift Reimbursement 400.

Form 990EZ, Part I, Line 16

Bank Fees 188.

Form 990EZ, Part I, Line 16

Boathouse & Dock Expenses 22.

Form 990EZ, Part I, Line 16

Crossfit Facility & Coaching Fees 665.

Form 990EZ, Part I, Line 16

Equipment Purchases 7647.

Form 990EZ, Part I, Line 16

Equipment Shipping 636.

Form 990EZ, Part I, Line 16

Gasoline - Launch 220.

Form 990EZ, Part I, Line 16

Insurance - Dir & Officer 770.

Form 990EZ, Part I, Line 16

Insurance - Equipment 6696.

Form 990EZ, Part I, Line 16

Interest Expense 3720.

Form 990EZ, Part I, Line 16

Office/Admin Expense 4177.

Form 990EZ, Part I, Line 16

Yearbooks Expense 777.

Form 990EZ, Part I, Line 16

Regatta Expenses 41383.

Form 990EZ, Part I, Line 16

Registration Fees 225.

Form 990EZ, Part I, Line 16

Repair & Maintenance 2940.

Form 990EZ, Part I, Line 16

Social Events - Misc. 184.

Form 990EZ, Part I, Line 16

Storage - Trailer and Supplies 1567.

Form 990EZ, Part I, Line 16

US Rowing Fees 1562.

Form 990EZ, Part I, Line 16

Depreciation 36848.

Form 990EZ, Part II, Line 24

Machinery & equipment 158251. 223761.

Form 990EZ, Part II, Line 24

MISCELLANEOUS 9988.

Form 990EZ, Part II, Line 26

Accounts payable 506. 1734.

Form 990EZ, Part II, Line 26

Unsecured notes & loans payable 38923. 64643.

Form 990, Part IX, Line 24E

Equipment shipping 636. 0. 0.

Form 990, Part IX, Line 24E

Yearbooks expense 777. 0. 0.

Raw XML Appendix231 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/ExplanationTxt0Organization's Primary Exempt Purpose:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1With a mission to inspire teens to a lifelong commitment of excellence, Parati's all-volunteer organization provides competitive youth("crew")rowing program, opportunities to compete in local, regional, and national USrowing Regattas, teen social events, and mentoring to teens in 8th-12th grades. Through affordable membership fees and scholarships, Parati also seeks: to expand the reach of youth rowing to diverse populations; overcome the barriers to entry into the sport of youth rowing; provide teens a springboard to catapult themselves into leading universities and future leadership positions in business, the military, government, and our communities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Statement of Program Service Accomplishments:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Competitive Youth Rowing Program: In just three years, and rowing from primitive facilities in Northshore Park in The Woodlands, TX, Parati has produced 11 State of Texas rowing champions, qualified 19 teens for USRowing Youth National Championships, and helped teens gain entrance to top universities such as MIT, Duke, Rice, Northwestern, the US Air Force Academy, the US Naval Academy, and the University of Texas, Austin. In May 2016, Parati had 47 teen rowers (28 male / 19 female). Parati's motto, "Paratus Enim Vitae," means prepared for life, and to date 140 teens (92 male and 48 female) have benefited from the intensity and crucible of character development that is competitive crew rowing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Yearbook Income 757.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Net Event Income 3795.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Gift Reimbursement 400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Fees 188.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Boathouse & Dock Expenses 22.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Crossfit Facility & Coaching Fees 665.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Equipment Purchases 7647.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Equipment Shipping 636.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Gasoline - Launch 220.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Insurance - Dir & Officer 770.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Insurance - Equipment 6696.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Interest Expense 3720.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Office/Admin Expense 4177.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Yearbooks Expense 777.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Regatta Expenses 41383.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Registration Fees 225.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Repair & Maintenance 2940.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21Social Events - Misc. 184.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22Storage - Trailer and Supplies 1567.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23US Rowing Fees 1562.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24Depreciation 36848.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25MACHINERY & EQUIPMENT 158251. 223761.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26MISCELLANEOUS 9988.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27ACCOUNTS PAYABLE 506. 1734.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28UNSECURED NOTES & LOANS PAYABLE 38923. 64643.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29EQUIPMENT SHIPPING 636. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30YEARBOOKS EXPENSE 777. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc28Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc29Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Form 990, Part IX, Line 24e
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012107 SHORE LANDS RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CYPRESS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0774332405
ReturnHeader/PreparerPersonGrp/PhoneNum07139061003
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA DAVIS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-09-30T09:48:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-06-01
ReturnHeader/TaxPeriodEndDt02016-05-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.67$0.66$2.00$2.72$0.71
2024Detailed filing. Detailed filing data is available for this year.$1.73$0.57$1.17$1.52$1.64$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.64$1.29$1.25$1.17$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.94$0.74$1.20$1.69$2.06$0.37
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.79$1.58$1.46$2.01$0.54
2020Detailed filing. Detailed filing data is available for this year.$2.60$0.45$2.15$2.43$2.69$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.45$1.04$2.41$2.04$1.51$0.52
2018Detailed filing. Detailed filing data is available for this year.$3.00$1.11$1.89$1.33$2.30$0.97
2017Detailed filing. Detailed filing data is available for this year.$4.16$1.01$3.15$1.95$1.52$0.43
2016Detailed filing. Detailed filing data is available for this year.$3.12$0.66$2.46$1.73$1.13$0.60
2015Summary only. Only limited summary data is available for this year.$2.25$0.39$0.68$0.51$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.25$1.69$1.32$0.67$0.66
2013Detailed filing. Detailed filing data is available for this year.$1.55$0.52$1.03$1.16$0.66$0.49
2012Summary only. Only limited summary data is available for this year.$0.94$0.41$0.68$0.14$0.54