Civic Intelligence

Parati Competitive Rowing

990EZ • Fiscal year 2023 • EIN 45-5618578

Jun 01, 2022 to May 31, 2023 • Filed on Sep 30, 2023

PO Box 8164Spring, TX 77387

(832) 722-5995

Siviq Scores

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

Liabilities / Assets

87th percentile

0.33x

Higher debt load relative to assets than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.51x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

56th percentile

6.7%

Higher net margin than 56% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

45th percentile

-1.0%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$192,147

Down $1,919 (-1.0%) from 2022

Net Assets

Up

$128,598

Up $8,335 (+6.9%) from 2022

Liabilities

Down

$63,549

Down $10,254 (-14%) from 2022

Revenue

Down

$125,058

Down $43,729 (-26%) from 2022

Expenses

Down

$116,723

Down $89,448 (-43%) from 2022

Net Income

Up

$8,335

Up $45,719 (+122%) from 2022

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

2023

Assets$192,147
Liabilities$63,549
Net Assets$128,598

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

2023

Revenue$125,058
Expenses$116,723
Net Income$8,335
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Sep 30, 2023
Return Version
2022v5.0
Gross Receipts
$125,058
Mission and Program Overview

Mission

Inspire teens to lifelong commitments

Program Services

DescriptionGrantsExpenses
Parati Competitive Rowing is a co-ed youth development team that services approximately 50 children each year competing at the local, regional and national levels.$6,500$95,523
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS DALTONPresident-$0--
ANTHONY MONTANODirectorPT$0--
JEANNETTE JONESTreasurersecretary-$0--
JEFFREY NICHOLSDirector-$0--
JAN ROSMANProgram DirectorPT$0--
MICHAEL ROSMANHead CoachPT$0--
MICHAEL MARLOWDirector-$0--
JEFFREY REAVISDirector-$0--
AUDREY SHELLUMDirector-$0--
ZAIRA GONZALEZDirector-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Thomas Dalton
Title
President
Phone
8325106288
Signed
2023-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Pickett Financial
Address
142 S Cochrans Green Cir, Spring, TX 77381
Preparer
Audrey Pickett
Phone
8324594275
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity Rowing Grantee Students Relationship Students Amount 6,500

Description of other expenses Part I line 16

Description AmountCamp expenditures 1,340Repairs and maintenance 6,798Equipment 10,740Fuel 2,859Interest and bank fees 6,541Insurance 8,447Marketing 4,702Regatta expenses 27,487Social events 191Other G&A 2,278Fundraising cost 363Spirit wear 903Depreciation expense (10,526)

Description of other assets Part II line 24

Category Beginning of Year End of YearFixed Assets 88,257 98,781

Description of total liabilities Part II line 26

Category Beginning of Year End of YearCredit cards 10,002 11,804Note payable 3,681 0Loan payable 60,121 51,745

Raw XML Appendix219 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/TitleTxt8DIRECTOR
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt06500
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Rowing Grantee Students Relationship Students Amount 6,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountCamp expenditures 1,340Repairs and maintenance 6,798Equipment 10,740Fuel 2,859Interest and bank fees 6,541Insurance 8,447Marketing 4,702Regatta expenses 27,487Social events 191Other G&A 2,278Fundraising cost 363Spirit wear 903Depreciation expense (10,526)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearFixed Assets 88,257 98,781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearCredit cards 10,002 11,804Note payable 3,681 0Loan payable 60,121 51,745
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Thomas Dalton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08325106288
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-30
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ReturnHeader/Filer/BusinessNameControlTxt0PARA
ReturnHeader/Filer/EIN0455618578
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ReturnHeader/Filer/USAddress/ZIPCd077387
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0142 S Cochrans Green Cir
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077381
ReturnHeader/PreparerPersonGrp/PhoneNum08324594275
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Audrey Pickett
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-10-12T11:35:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Thomas
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Dalton
ReturnHeader/TaxPeriodBeginDt02022-06-01
ReturnHeader/TaxPeriodEndDt02023-05-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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