Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Willowsford Waves Swim Team
EIN 46-5061635 • 501(c)4 • Ashburn, VA
990-N Coverage
Profile
A neighborhood swim team that was organized to provide an environment in which all eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments. The team is governed by a board of directors that is elected on a 2 year revolving basis. Membership dues that are collected are used for coaching fees and other expenses to operate the team for 2 months during each summer. All eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
30th percentile
Higher net margin than 30% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Balance Sheet
Assets
Down$16,510
Down $13,946 (-46%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$16,510
Down $13,946 (-46%) from 2023
Revenue
Up$137,037
Up $16,933 (+14%) from 2023
Expenses
Up$150,983
Up $27,721 (+22%) from 2023
Net Income
Down-$13,946
Down $10,788 (-342%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $16,510
- Liabilities
- -
- Net assets
- $16,510
- Revenue
- $137,037
- Expenses
- $150,983
- Net income
- -$13,946
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.17 | $0.17 | $1.37 | $1.51 | $0.14 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.30 | $0.30 | $1.20 | $1.23 | $0.03 | |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.34 | $0.34 | $1.06 | $1.02 | $0.04 | |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 14, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $137,037
Mission and Program Overview
Mission
A neighborhood swim team that was organized to provide an environment in which all eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments. The team is governed by a board of directors that is elected on a 2 year revolving basis. Membership dues that are collected are used for coaching fees and other expenses to operate the team for 2 months during each summer. All eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Coaching provided to each swimmer throughout the season. It benefits 475 kids on the team. | $0 | $0 |
| Our second biggest expense is swimmer swag including tshirts awards banquet and team activities. All expenses benefit the 475 kids on the team. | $0 | $0 |
| league fees and insurance benefits all 475 swimmers | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Cheryl Rabe | President | - | $0 | - | - |
| Karl Rabe | President | - | $0 | - | - |
| Ryan ALbrecht | Treasurer | - | $0 | - | - |
| Michael Flanagan | VP | - | $0 | - | - |
| Jenna Schmidt | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Willowsford Waves Swim Team
- EIN
- 46-5061635
- In Care Of
- % Cheryl Rabe
- Address
- 41596 WHITE YARROW CT, ASHBURN, VA 20148-1754
Signing Officer
- Name
- Cheryl Rabe
- Title
- President
- Signed
- 2025-05-14
Supplemental Narrative
Additional Explanations
Part I, line 16
“| Other Expenses:, Amount:| Insurance, $10875| Operating expenses including t-shirts awards banquet caps office supplies candy donuts swim gear, $58691| Equipment - tents, $4430| timing system and computer, $11997|”
Part II, line 24
“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $616, $0|”
Raw XML Appendix118 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 |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Cheryl Rabe |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2026411010 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 41596 White Yarrow Ct |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Ashburn |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20148 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 29840 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16510 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13946 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 64990 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 30456 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 16510 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 13010 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 7532 |
| IRS990EZ/GrossReceiptsAmt | 0 | 137037 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 7532 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 116495 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 30456 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 16510 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 30456 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 16510 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.5 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Cheryl Rabe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Karl Rabe |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Ryan ALbrecht |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Michael Flanagan |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Jenna Schmidt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 616 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85993 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | A neighborhood swim team that was organized to provide an environment in which all eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments. The team is governed by a board of directors that is elected on a 2 year revolving basis. Membership dues that are collected are used for coaching fees and other expenses to operate the team for 2 months during each summer. All eligible swimmers can learn and improve upon their swimming skills become the best swimmers they can be and be recognized for their accomplishments. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Coaching provided to each swimmer throughout the season. It benefits 475 kids on the team. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Our second biggest expense is swimmer swag including tshirts awards banquet and team activities. All expenses benefit the 475 kids on the team. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | league fees and insurance benefits all 475 swimmers |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 13010 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | VA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 150983 |
| IRS990EZ/TotalRevenueAmt | 0 | 137037 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationOtherDesc | 0 | Nonprofit |
| IRS990EZ/TypeOfOrganizationOtherInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Other Expenses:, Amount:| Insurance, $10875| Operating expenses including t-shirts awards banquet caps office supplies candy donuts swim gear, $58691| Equipment - tents, $4430| timing system and computer, $11997| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Explanation:, BOYAmount:, EOYAmount:| Other assets, $616, $0| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part II, line 24 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Cheryl Rabe |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WILLOWSFORD WAVES SWIM TEAM |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WILL |
| ReturnHeader/Filer/EIN | 0 | 465061635 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 2026411010 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Cheryl Rabe |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 41596 WHITE YARROW CT |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ASHBURN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 201481754 |
| ReturnHeader/ReturnTs | 0 | 2025-05-13T19:39:03-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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