Civic Intelligence

Oaklantis Swim Team

990EZ • Fiscal year 2020 • EIN 47-4404482

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 19, 2021

4905 Manila AveOakland, CA 94609

(248) 229-4537

Siviq Scores

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

Liabilities / Assets

94th percentile

0.99x

Higher debt load relative to assets than 94% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.20x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

18th percentile

-29%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

90th percentile

$42,308

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 49.1% of source-year revenue.

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

Asset Growth

14th percentile

-30%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

25th percentile

-45%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$17,709

Down $7,644 (-30%) from 2019

Net Assets

Down

$115

Down $24,873 (-100%) from 2019

Liabilities

Up

$17,594

Up $17,229 (+4720%) from 2019

Revenue

Down

$86,159

Down $70,465 (-45%) from 2019

Expenses

Down

$111,032

Down $50,790 (-31%) from 2019

Net Income

Down

-$24,873

Down $19,675 (-379%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2018: $26,690Net Assets 2018: $26,6902018Assets 2019: $25,353Liabilities 2019: $365Net Assets 2019: $24,9882019Assets 2020: $17,709Liabilities 2020: $17,594Net Assets 2020: $1152020Assets 2021: $4,975Liabilities 2021: $5,592Net Assets 2021: -$6172021Assets 2022: $8,208Liabilities 2022: $1,338Net Assets 2022: $6,8702022Assets 2023: $22,204Liabilities 2023: $1,501Net Assets 2023: $20,7032023

Highlighted filing

2020

Assets$17,709
Liabilities$17,594
Net Assets$115

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $154,502Expenses 2018: $135,811Net Income 2018: $18,6912018Revenue 2019: $156,624Expenses 2019: $161,822Net Income 2019: -$5,1982019Revenue 2020: $86,159Expenses 2020: $111,032Net Income 2020: -$24,8732020Revenue 2021: $94,232Expenses 2021: $94,964Net Income 2021: -$7322021Revenue 2022: $216,086Expenses 2022: $208,599Net Income 2022: $7,4872022Revenue 2023: $287,372Expenses 2023: $273,539Net Income 2023: $13,8332023

Highlighted filing

2020

Revenue$86,159
Expenses$111,032
Net Income-$24,873
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 19, 2021
Return Version
2020v4.0
Gross Receipts
$86,159
Mission and Program Overview

Mission

Swimming Lessons

Program Services

DescriptionGrantsExpenses
Oaklantis is a new idea for East Oakland.Our mission is to expand access to swimming by building a high quality and high achieving swim program that is open and affordable to all.Here at Oaklantis we have a 'nobody turned away' policy. Oaklantis Swimming gives kids the chance to develop as athletes, mature into community-minded adolescents, and have the skill set to get recruited and swim in college.We are creating a path that begins with water safety and swim lessons, and continues all the way through high school and college.Oaklantis Swim Team provides a complete swim program:Starting with the beginner, we will teach basic water safety and provide the swimmer with skills to be "swim team ready."As swimmers continue through their high school years, Oaklantis Swim Team will teach them how to be athletes. Competing locally and nationally, we will teach swimmers how to set and achieve goals through integrity, dedication, and determination.Finally, our program strives to foster true and lasting enjoyment while participating in the sport of swimming. We provide our swimmers with the skill set and enthusiasm that will prepare them to swim in college and beyond.$100,128-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott ThompsonPresidentFT$42,308-$42,308
Greg FidellSecretary-$0--
Tracy FidellTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Oaklantis Swim Team
EIN
47-4404482
Phone
2482294537
Address
4905 Manila Ave, Oakland, CA 94609

Signing Officer

Name
Scott Thompson
Title
President
Phone
2482294537
Signed
2021-02-19
Discuss with paid preparer
Yes

Preparer

Firm
Carey Tax Services Inc
Address
3393 Santa Maria Court, Lafayette, CA 94549
Preparer
William Carey
Phone
9252836663
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $96

Other Expenses.1012

Insurance $894

Other Expenses.1

Financial Aid $25399

Other Expenses.2

Credit Card Fees $1861

Other Expenses.3

Workers Compensation $1639

Other Expenses.4

Registration Fees $1424

Other Expenses.5

Licenses and Permits $894

Other Expenses.6

Dues & Subscriptions $700

Other Expenses.7

Board of Director Expenses $144

Other Expenses.8

Coaching Expenses $78

Other Expenses.9

Supplies $75

Other Expenses.10

Team Events $18

Other Expenses.11

Hiring Costs $18

Other Assets.1005

Accounts Receivable - Beginning $0 Accounts Receivable - Ending $1383

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $365 Accounts Payable and Accrued Expenses - Ending $238

Total Liabilities.1

PPP Loan - Beginning $0 PPP Loan - Ending $17356

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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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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0474404482
ReturnHeader/Filer/PhoneNum02482294537
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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