Civic Intelligence

Srqlax Inc

990EZ • Fiscal year 2020 • EIN 47-2044510

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

PO Box 15153Sarasota, FL 34277

(941) 223-8968

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

18%

Higher net margin than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

5002%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-18%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$7,296

Up $7,153 (+5002%) from 2019

Net Assets

Up

$7,296

Up $7,153 (+5002%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$39,899

Down $8,538 (-18%) from 2019

Expenses

Down

$32,746

Down $31,357 (-49%) from 2019

Net Income

Up

$7,153

Up $22,819 (+146%) 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 2015: $8,409Liabilities 2015: $0Net Assets 2015: $8,3902015Assets 2016: $30,664Liabilities 2016: $0Net Assets 2016: $30,6642016Assets 2017: $7,440Liabilities 2017: $0Net Assets 2017: $7,4402017Assets 2018: $15,809Liabilities 2018: $0Net Assets 2018: $15,8092018Assets 2019: $143Liabilities 2019: $0Net Assets 2019: $1432019Assets 2020: $7,296Liabilities 2020: $0Net Assets 2020: $7,2962020Assets 2021: $6,683Liabilities 2021: $0Net Assets 2021: $6,6832021Assets 2022: $2,431Liabilities 2022: $0Net Assets 2022: $2,4312022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$7,296
Liabilities$0
Net Assets$7,296

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $88,569Expenses 2015: $80,179Net Income 2015: $8,3902015Revenue 2016: $45,125Expenses 2016: $22,870Net Income 2016: $22,2552016Revenue 2017: $20,421Expenses 2017: $43,645Net Income 2017: -$23,2242017Revenue 2018: $71,800Expenses 2018: $63,431Net Income 2018: $8,3692018Revenue 2019: $48,437Expenses 2019: $64,103Net Income 2019: -$15,6662019Revenue 2020: $39,899Expenses 2020: $32,746Net Income 2020: $7,1532020Revenue 2021: $10,505Expenses 2021: $11,118Net Income 2021: -$6132021Revenue 2022: $14,001Expenses 2022: $18,253Net Income 2022: -$4,2522022Revenue 2023: $5Expenses 2023: $2,436Net Income 2023: -$2,4312023

Highlighted filing

2020

Revenue$39,899
Expenses$32,746
Net Income$7,153
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$55,420
Mission and Program Overview

Mission

Promote public hs lacrosse

Program Services

DescriptionGrantsExpenses
PROVIDED FUNDS TO SCHOOL BOARD OF SARASOTA COUNTY FBO SARASOTA HIGH SCHOOL BOYS & GIRLS LACROSSE PROGRAM BENEFITING 50 - 60 STUDENTS$20,000$4,335
PROVIDED FUNDS TO SHS LAX BOOSTERS INC FBO SARASOTA HIGH SCHOOL BOYS & GIRLS LACROSSE PROGRAM BENEFITING 50 - 60 STUDENTS$9,478-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RACHEL HAUTAMAKIPresidentPT$0--
KATHRYN LEHRMANVice PresidentPT$0--
SEETA GIANNONETreasurerPT$0--
MELISSA DELISSERSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tournament$23,903$23,903$11,186$12,717
Snap Raise$10,703$10,703-$10,703
Total Events$35,506$35,506$11,186$24,320
Filing and Contact Details

Filer

Filer Name
Srqlax Inc
EIN
47-2044510
Address
PO BOX 15153, SARASOTA, FL 34277

Signing Officer

Name
Seeta Giannone
Title
Treasurer
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Tax Center
Address
249 NOKOMIS AVE S, VENICE, FL 34285
Preparer
Joseph Garbade
Phone
9412277767
Supplemental Narrative

Additional Explanations

Part I Line 10 Grants and Similar Amounts Paid

Grant of 20,000 was provided to school board of sarasota county to benefit lacrosse program at sarasota high school this is an ongoing benifit for approximately 50 students

Part I Line 16 Other Expenses

Other expenses included administrative expenses to operate srqlax inc. Expenses were bank fees registration costs it website merchant fees and operational expenses

Part I Line 10 Grants and Similar Amounts Paid Grant of

9,478 was provided to shs lax boosters inc to benefit the lacrosse program at sarasota high school this is an ongoing benifit for approximately 50 students

Raw XML Appendix173 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/PersonNm0SEETA D GIANNONE
IRS990EZ/BooksInCareOfDetail/PhoneNum09412238968
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02809 46TH ST EAST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALMETTO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0143
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07296
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04155
IRS990EZ/CostOfGoodsSoldAmt04335
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07153
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0143
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07296
IRS990EZ/FundraisingGrossIncomeAmt035506
IRS990EZ/GrantsAndSimilarAmountsPaidAmt029478
IRS990EZ/GrossProfitLossSlsOfInvntryAmt0-4063
IRS990EZ/GrossReceiptsAmt055420
IRS990EZ/GrossSalesOfInventoryAmt0272
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0143
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07296
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0143
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07296
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt315
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RACHEL HAUTAMAKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KATHRYN LEHRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SEETA GIANNONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELISSA DELISSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01795
IRS990EZ/OtherRevenueTotalAmt01115
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE PUBLIC HS LACROSSE
IRS990EZ/PrintingPublicationsPostageAmt01173
IRS990EZ/ProgramServiceRevenueAmt014372
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED FUNDS TO SCHOOL BOARD OF SARASOTA COUNTY FBO SARASOTA HIGH SCHOOL BOYS & GIRLS LACROSSE PROGRAM BENEFITING 50 - 60 STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED FUNDS TO SHS LAX BOOSTERS INC FBO SARASOTA HIGH SCHOOL BOYS & GIRLS LACROSSE PROGRAM BENEFITING 50 - 60 STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt020000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt19478
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04335
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt011186
IRS990EZ/SpecialEventsNetIncomeLossAmt024320
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0FL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt032746
IRS990EZ/TotalProgramServiceExpensesAmt04335
IRS990EZ/TotalRevenueAmt039899
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://srqlax.com/
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SRQLAX SUPPORTS SCHOOL BOARD OF SARASOTA COUNTY SARASOTA HIGH SCHOOL IS A PUBLIC SCHOOL IN SARASOTA COUNTY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SRQLAX SUPPORTS SHS LAX BOOSTERS INC SHS LAX BOOSTERS INC IS A 501(C)(3) ORGANIZATION THAT SUPPORTS LACROSSE PROGRAM AT SARASOTA HIGH SCHOOL. SARASOTA HIGH SCHOOL IS A PUBLIC SCHOOL IN SARASOTA COUNTY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SRQLAX MAINTAINS A CLOSE AND CONTINUOUS RELATIONSHIP WITH SUPPORTED ORGANIZATIONS BY REGULARLY RECEIVING FINANCIALS AND PROGRAM UPDATES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCH A PART IV SECTION E 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SCH A PART IV SECTION E 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2SCH A PART IV SECTION D 2
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0596000847
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1844637803
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt020000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt19478
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SCHOOL BOARD SRQ
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SHS LAX BOOSTERS INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt029478
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011186
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SNAP RAISE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023903
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010703
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt035506
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023903
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010703
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt035506
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt024320
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011186
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011186
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt0900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANT OF 20,000 WAS PROVIDED TO SCHOOL BOARD OF SARASOTA COUNTY TO BENEFIT LACROSSE PROGRAM AT SARASOTA HIGH SCHOOL THIS IS AN ONGOING BENIFIT FOR APPROXIMATELY 50 STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER EXPENSES INCLUDED ADMINISTRATIVE EXPENSES TO OPERATE SRQLAX INC. EXPENSES WERE BANK FEES REGISTRATION COSTS IT WEBSITE MERCHANT FEES AND OPERATIONAL EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29,478 WAS PROVIDED TO SHS LAX BOOSTERS INC TO BENEFIT THE LACROSSE PROGRAM AT SARASOTA HIGH SCHOOL THIS IS AN ONGOING BENIFIT FOR APPROXIMATELY 50 STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I LINE 10 GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I LINE 16 OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I LINE 10 GRANTS AND SIMILAR AMOUNTS PAID GRANT OF
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SEETA GIANNONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SRQLAX INC
ReturnHeader/Filer/BusinessNameControlTxt0SRQL
ReturnHeader/Filer/EIN0472044510
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 15153
ReturnHeader/Filer/USAddress/CityNm0SARASOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034277
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264816064
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX CENTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0249 NOKOMIS AVE S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VENICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034285
ReturnHeader/PreparerPersonGrp/PhoneNum09412277767
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH GARBADE
ReturnHeader/ReturnTs02021-11-12T13:25:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SEETA GIANNONE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TREASURER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings