Civic Intelligence

Rapids Sports Foundation

990EZ • Fiscal year 2019 • EIN 47-2569352

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 17, 2020

Organization Profile
1058 S Gramercy DrLos Angeles, CA 90019

(818) 299-7977

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

7.0%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$7

Down $1,918 (-100%) from 2018

Net Assets

Up

$7

Up $9,875 (+100%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin42nd percentile

Revenue

Up

$27,505

Up $1,807 (+7.0%) from 2018

Expenses

Down

$27,482

Down $2,354 (-7.9%) from 2018

Net Income

Up

$23

Up $4,161 (+101%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2019

Assets$7
Liabilities-
Net Assets$7
Open 2019 Filing

Operations Trend

Revenue Growth59th 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

2019

Revenue$27,505
Expenses$27,482
Net Income$23
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 17, 2020
Return Version
2019v5.1
Gross Receipts
$27,505
Mission and Program Overview

Mission

Educate the general public in swimming other sports

Program Services

DescriptionGrantsExpenses
EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS-$27,482
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAEUN JUNGPresident-$0--
SEKYONG HONGSecretary-$0--
JIHYE KIMTreaserer-$0--
KYUNG JU JODirector-$0--
Filing and Contact Details

Filer

Filer Name
Rapids Sports Foundation
EIN
47-2569352
Address
1058 S GRAMERCY DR, LOS ANGELES, CA 90019

Signing Officer

Name
jeeun jung
Title
CEO
Signed
2020-06-17
Discuss with paid preparer
No

Preparer

Firm
Soo Hyun Park CPA A Professional Corporation
Address
936 Crenshaw Blvd Ste 300, Los Angeles, CA 90019
Preparer
Soohyun Park
Phone
3236774800
Supplemental Narrative

Additional Explanations

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

“Conferences, conventions, and meetings 1,744”

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

“Automobile Expenses 103”

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

“Bank Service Fees 33”

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

“Business Licenses and Permits 25”

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

“Dues 166”

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

“Insurance 588”

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

“Office Expense 6,118”

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

“Payroll Tax Expenses 1,120”

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

“Website 899”

Form 990-EZ, Part I, Line 20, Net Assets

“Prior period adjustment 9,852”

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

“Payroll Liabilities Beginning of year 3,134, End of year 0”

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

“Long Term Liablilties Beginning of year 8,659, End of year 0”

Raw XML Appendix164 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0ALBERT M SUNG
IRS990EZ/BooksInCareOfDetail/PhoneNum08182997977
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03960 WILSHIRE BLVD STE 306
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01925
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt023
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01100
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01925
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07
IRS990EZ/GrossReceiptsAmt027505
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-9868
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-9868
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07
IRS990EZ/OccupancyRentUtltsAndMaintAmt04295
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAEUN JUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SEKYONG HONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JIHYE KIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KYUNG JU JO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt09852
IRS990EZ/OtherExpensesTotalAmt010796
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS
IRS990EZ/ProgramServiceRevenueAmt027505
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATE THE GENERAL PUBLIC IN SWIMMING OTHER SPORTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027482
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt011291
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011793
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt027482
IRS990EZ/TotalProgramServiceExpensesAmt027482
IRS990EZ/TotalRevenueAmt027505
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0145098
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0145098
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027505
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt025698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt058866
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt026172
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0138241
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/PublicSupportTotal509Amt0283339
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt027505
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt025698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0145098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt058866
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt026172
IRS990ScheduleA/Total509Grp/TotalAmt0283339
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt027505
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0145098
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt058866
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt026172
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0283339
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, conventions, and meetings 1,744
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Automobile Expenses 103
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bank Service Fees 33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Business Licenses and Permits 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues 166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance 588
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Expense 6,118
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Payroll Tax Expenses 1,120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Website 899
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Prior period adjustment 9,852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Liabilities Beginning of year 3,134, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Long Term Liablilties Beginning of year 8,659, End of year 0
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 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0jeeun jung
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ceo
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAPIDS SPORTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RAPI
ReturnHeader/Filer/EIN0472569352
ReturnHeader/Filer/USAddress/AddressLine1Txt01058 S GRAMERCY DR
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090019
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C2246148D256447E171C093F4739254868AF3DF2
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09AC37CC78D2AC9A93A33CDA8A83E31172C6D8F10
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.175.48.45
ReturnHeader/FilingSecurityInformation/IPDt02020-06-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm001:22:52
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Soo Hyun Park CPA A Professional Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0936 Crenshaw Blvd Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090019
ReturnHeader/PreparerPersonGrp/PhoneNum03236774800
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Soohyun Park
ReturnHeader/ReturnTs02020-06-17T06:29:36-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7
Liabilities
-
Net assets
$7
Revenue
$27,505
Expenses
$27,482
Net income
$23
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