Civic Intelligence

Rapids Sports Foundation

990EZ • Fiscal year 2016 • EIN 47-2569352

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

Organization Profile
3960 Wilshire Blvd Ste 306Los Angeles, CA 90010

(818) 299-7977

Siviq Scores

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

Liabilities / Assets

99th percentile

9.14x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.25x

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

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

Net Margin

28th percentile

-6.2%

Higher net margin than 28% 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

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

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

Revenue Growth

94th percentile

125%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$1,611

Down $355 (-18%) from 2015

Net Assets

Down

-$13,121

Down $3,660 (-39%) from 2015

Liabilities

Up

$14,732

Up $3,305 (+29%) from 2015

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin28th percentile

Revenue

Up

$58,866

Up $32,694 (+125%) from 2015

Expenses

Up

$62,526

Up $26,893 (+75%) from 2015

Net Income

Up

-$3,660

Up $5,801 (+61%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$20K$10K$0-$10K-$20KAssets 2015: $1,966Liabilities 2015: $11,427Net Assets 2015: -$9,4612015Assets 2016: $1,611Liabilities 2016: $14,732Net Assets 2016: -$13,1212016Assets 2017: $9,244Liabilities 2017: $14,872Net Assets 2017: -$5,6282017Assets 2018: $1,925Liabilities 2018: $11,793Net Assets 2018: -$9,8682018Assets 2019: $7Net Assets 2019: $72019Assets 2020: $364Net Assets 2020: $3642020Assets 2021: $164Net Assets 2021: $1642021Assets 2022: $14Liabilities 2022: $02022

Highlighted filing

2016

Assets$1,611
Liabilities$14,732
Net Assets-$13,121
Open 2016 Filing

Operations Trend

Revenue Growth94th percentile

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

$150K$100K$50K$0-$50KRevenue 2015: $26,172Expenses 2015: $35,633Net Income 2015: -$9,4612015Revenue 2016: $58,866Expenses 2016: $62,526Net Income 2016: -$3,6602016Revenue 2017: $145,098Expenses 2017: $137,605Net Income 2017: $7,4932017Revenue 2018: $25,698Expenses 2018: $29,836Net Income 2018: -$4,1382018Revenue 2019: $27,505Expenses 2019: $27,482Net Income 2019: $232019Revenue 2020: $1,227Expenses 2020: $870Net Income 2020: $3572020Expenses 2021: $2002021Revenue 2022: $0Expenses 2022: $150Net Income 2022: -$1502022

Highlighted filing

2016

Revenue$58,866
Expenses$62,526
Net Income-$3,660
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$58,866
Mission and Program Overview

Mission

Educate the general public in swimming other sports

Program Services

DescriptionGrantsExpenses
EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS--
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-PresidentFT$0--
-Secretary-$0--
-Director-$0--
-Director-$0--
Filing and Contact Details

Filer

Filer Name
Rapids Sports Foundation
EIN
47-2569352
Address
3960 WILSHIRE BLVD STE 306, LOS ANGELES, CA 90010

Signing Officer

Name
Albert Song
Title
President
Phone
8182997977
Signed
2017-05-09
Discuss with paid preparer
No

Preparer

Firm
Soo Hyun Park CPA A Professional Corporation
Address
936 Crenshaw Blvd Suite 300, Los Angeles, CA 90019
Preparer
Soohyun Park
Phone
2133852051
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Meals and entertainment 1,574”

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 11,839”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 2,788”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Service Fees 292”

Form 990-EZ, Part I, Line 16, Other Expenses

“Business Licenses and Permits 235”

Form 990-EZ, Part I, Line 16, Other Expenses

“Membership Renew 57”

Form 990-EZ, Part I, Line 16, Other Expenses

“Office Expense 626”

Form 990-EZ, Part I, Line 16, Other Expenses

“Payroll Tax Expenses 2,451”

Form 990-EZ, Part I, Line 16, Other Expenses

“Uniform 196”

Form 990-EZ, Part I, Line 16, Other Expenses

“Website 1,598”

Form 990-EZ, Part II, Line 26, Liabilities

“Payroll Liabilities Beginning of year 3,315, End of year 6,621”

Form 990-EZ, Part II, Line 26, Liabilities

“Long Term Liablilties Beginning of year 8,112, End of year 8,111”

Raw XML Appendix162 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/PhoneNum08182997977
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01966
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01611
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-3660
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06405
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt01611
IRS990EZ/GrossReceiptsAmt058866
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-9461
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-13121
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-9461
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-13121
IRS990EZ/OccupancyRentUtltsAndMaintAmt016428
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt2NAMKOONG KWON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021656
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS
IRS990EZ/ProgramServiceRevenueAmt058866
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018037
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011427
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014732
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt062526
IRS990EZ/TotalRevenueAmt058866
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt058866
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt085038
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt085038
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt058866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026172
IRS990ScheduleA/Total509Grp/TotalAmt085038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt058866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt026172
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt085038
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meals and entertainment 1,574
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 11,839
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 2,788
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank Service Fees 292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Business Licenses and Permits 235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Membership Renew 57
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Expense 626
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Tax Expenses 2,451
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Uniform 196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Website 1,598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Liabilities Beginning of year 3,315, End of year 6,621
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Long Term Liablilties Beginning of year 8,112, End of year 8,111
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Albert Song
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08182997977
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAPIDS SPORTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RAPI
ReturnHeader/Filer/EIN0472569352
ReturnHeader/Filer/USAddress/AddressLine1Txt03960 WILSHIRE BLVD STE 306
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.175.50.99
ReturnHeader/FilingSecurityInformation/IPDt02017-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm020:15:01
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Soo Hyun Park CPA A Professional Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0936 Crenshaw Blvd Suite 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090019
ReturnHeader/PreparerPersonGrp/PhoneNum02133852051
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Soohyun Park
ReturnHeader/ReturnTs02017-05-09T03:09:35-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,611
Liabilities
$14,732
Net assets
-$13,121
Revenue
$58,866
Expenses
$62,526
Net income
-$3,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.28$0.27$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.12$0.10$0.26$0.30$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.15$0.06$1.45$1.38$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.15$0.13$0.59$0.63$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.11$0.09$0.26$0.36$0.09