Civic Intelligence

Overlee Community Association Inc

990 • Fiscal year 2021 • EIN 54-0636641

Mar 01, 2020 to Feb 28, 2021 • Filed on Oct 12, 2021

PO Box 5346Arlington, VA 22205

(703) 447-7088

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.43x

Higher debt load relative to assets than 53% of similar nonprofits.

2021 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

2.32x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2021

Net Margin

30th percentile

4.7%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2021 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2021

Asset Growth

59th percentile

10%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-11%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,619,636

Up $523,018 (+10%) from 2020

Net Assets

Up

$3,181,590

Up $41,668 (+1.3%) from 2020

Liabilities

Up

$2,438,046

Up $481,350 (+25%) from 2020

Revenue

Down

$1,050,375

Down $129,139 (-11%) from 2020

Expenses

Down

$1,001,232

Down $122,298 (-11%) from 2020

Net Income

Down

$49,143

Down $6,841 (-12%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,938,574Liabilities 2011: $32,461Net Assets 2011: $1,906,1132011Assets 2012: $2,559,624Liabilities 2012: $31,323Net Assets 2012: $2,528,3012012Assets 2013: $4,845,841Liabilities 2013: $1,759,851Net Assets 2013: $3,085,9902013Assets 2014: $5,126,250Liabilities 2014: $2,099,140Net Assets 2014: $3,027,1102014Assets 2015: $5,073,908Liabilities 2015: $2,067,123Net Assets 2015: $3,006,7852015Assets 2016: $5,103,589Liabilities 2016: $2,017,371Net Assets 2016: $3,086,2182016Assets 2017: $5,210,461Liabilities 2017: $2,127,457Net Assets 2017: $3,083,0042017Assets 2018: $5,190,461Liabilities 2018: $2,092,293Net Assets 2018: $3,098,1682018Assets 2019: $5,083,582Liabilities 2019: $1,993,154Net Assets 2019: $3,090,4282019Assets 2020: $5,096,618Liabilities 2020: $1,956,696Net Assets 2020: $3,139,9222020Assets 2021: $5,619,636Liabilities 2021: $2,438,046Net Assets 2021: $3,181,5902021Assets 2022: $5,817,642Liabilities 2022: $2,355,347Net Assets 2022: $3,462,2952022Assets 2023: $5,491,132Liabilities 2023: $2,193,081Net Assets 2023: $3,298,0512023Assets 2024: $5,613,844Liabilities 2024: $2,231,324Net Assets 2024: $3,382,5202024Assets 2025: $5,495,009Liabilities 2025: $2,208,743Net Assets 2025: $3,286,2662025

Highlighted filing

2021

Assets$5,619,636
Liabilities$2,438,046
Net Assets$3,181,590

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $680,4882011Expenses 2012: $685,6072012Revenue 2013: $1,275,111Expenses 2013: $709,112Net Income 2013: $565,9992013Revenue 2014: $956,648Expenses 2014: $970,408Net Income 2014: -$13,7602014Revenue 2015: $1,032,665Expenses 2015: $1,040,410Net Income 2015: -$7,7452015Revenue 2016: $1,153,457Expenses 2016: $1,066,259Net Income 2016: $87,1982016Revenue 2017: $1,103,553Expenses 2017: $1,097,308Net Income 2017: $6,2452017Revenue 2018: $1,119,840Expenses 2018: $1,095,546Net Income 2018: $24,2942018Revenue 2019: $1,086,626Expenses 2019: $1,087,121Net Income 2019: -$4952019Revenue 2020: $1,179,514Expenses 2020: $1,123,530Net Income 2020: $55,9842020Revenue 2021: $1,050,375Expenses 2021: $1,001,232Net Income 2021: $49,1432021Revenue 2022: $1,366,825Expenses 2022: $1,076,855Net Income 2022: $289,9702022Revenue 2023: $1,104,140Expenses 2023: $1,257,819Net Income 2023: -$153,6792023Revenue 2024: $1,321,547Expenses 2024: $1,246,115Net Income 2024: $75,4322024Revenue 2025: $1,367,964Expenses 2025: $1,474,460Net Income 2025: -$106,4962025

Highlighted filing

2021

Revenue$1,050,375
Expenses$1,001,232
Net Income$49,143
Jump To
Filing Snapshot
Filing Period
Mar 1, 2020 to Feb 28, 2021
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,067,759
Mission and Program Overview

Mission

To maintain and manage recreational and outdoor swimming facilities for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,882,647$3,830,725▼ $51,922
Cash and Non-Interest-Bearing Accounts$528,507$1,097,998▲ $569,491
Savings and Temporary Cash Investments$668,527$673,658▲ $5,131
Prepaid Expenses and Deferred Charges$16,937$17,255▲ $318
Total Assets$5,096,618$5,619,636▲ $523,018
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,649,385$2,064,881▲ $415,496
Deferred Revenue$295,160$360,021▲ $64,861
Other Liabilities$10,525$12,750▲ $2,225
Accounts Payable and Accrued Expenses$1,626$394▼ $1,232
Total Liabilities$1,956,696$2,438,046▲ $481,350
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,139,922$3,181,590▲ $41,668
Total Net Assets Fund Balance$3,139,922$3,181,590▲ $41,668
Total Liabilities and Net Assets / Fund Balance$5,096,618$5,619,636▲ $523,018

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,730,402$1,975,656$5,706,058
Leasehold Improvements$39,669$187,579$227,248
Equipment$20,954$196,348$217,302
Land$39,700-$39,700
Compensation and Service Providers

Board Members and Trustees

NameTitle
James P McNamaraPast President
Robert J Neuman JrPresident
Molly KetchamVice President
Andrea FurrowDirector
John CockerDirector
John HartelDirector
Josh RoeDirector
Megan KinsellaDirector
Megan McMorrowDirector
Michael BruceDirector
Mike BuseyDirector
Nico VroomDirector
Todd MurdockDirector
Liz CrescioliSecretary
Adam KressTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,200
Program Service Revenue
$909,261
Investment Income
$7,686
Other Revenue
$59,228
Change in Net Assets
$49,143
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$633,814
Salaries, Compensation, and Employee Benefits$367,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$339,932
Depreciation Depletion---$216,095
Interest---$78,329
Insurance---$57,202
Occupancy---$48,951
Other Expenses---$40,180
Payroll Taxes---$27,486
Fees for Services Accounting---$13,000
Information Technology---$7,195
Fees for Services Other---$6,117
Office Expenses---$4,945
Fees for Services Legal---$1,046
All Other Expenses---$-5,038
Total Functional Expenses$0$0$0$1,001,232
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Special assessment - property improvement$8,800
Renter Deposit$3,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

Form 990 is reviewed by the treasurer before filing.

Form 990, Part VI, Section C, line 19

Organization by-laws are made available on the association's public website. The financial statements are available at all times for inspections by the general membership.

Filing and Contact Details

Filer

Filer Name
Overlee Community Association Inc
EIN
54-0636641
Phone
7034477088
Address
PO Box 5346, Arlington, VA 22205

Signing Officer

Name
James P McNamara
Title
President
Phone
7034477088
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James P McNamara
Formed
1957
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
123
Volunteers
15

Preparer

Firm
Kositzka Wicks and Company
Address
5270 Shawnee Road Suite 250, Alexandria, VA 22312
Preparer
Jennifer S Manster CPA
Phone
7036422700
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Member capital refunded -7,475.

Form 990

An incomplete Form 990 for the tax year ended February 28, 2021 was accidentally transmitted to the IRS. We are now filing the completed return.

Financial Statement Notes

Part X, Line 2:

The Association is exempt from income taxes on its exempt purpose activities under the provisions of Section 501(c)(7) of the Internal Revenue Code. The Association is subject to income taxes, at the corporate tax rates, on activities deemed not to be within the scope of its exempt purpose function.

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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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IRS990/OtherExpensesGrp/TotalAmt248168
IRS990/OtherExpensesGrp/TotalAmt340180
IRS990/OtherLiabilitiesGrp/BOYAmt010525
IRS990/OtherLiabilitiesGrp/EOYAmt012750
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Inactive and gold card
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt044725
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt044725
IRS990/OtherRevenueTotalAmt044725
IRS990/OtherSalariesAndWagesGrp/TotalAmt0339932
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt027486
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016937
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017255
IRS990/PrincipalOfficerNm0James P McNamara
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0Dues and Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Initiation Fees
IRS990/ProgramServiceRevenueGrp/Desc2Competitive Swim Team
IRS990/ProgramServiceRevenueGrp/Desc3Application Fees
IRS990/ProgramServiceRevenueGrp/Desc4Guest Admission
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0637875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1219000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt243386
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt312100
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0637875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1219000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt243386
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt312100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45725
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011658
IRS990/PYOtherExpensesAmt0728755
IRS990/PYOtherRevenueAmt076691
IRS990/PYProgramServiceRevenueAmt01091165
IRS990/PYRevenuesLessExpensesAmt055984
IRS990/PYSalariesCompEmpBnftPaidAmt0394775
IRS990/PYTotalExpensesAmt01123530
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01179514
IRS990/ReconcilationRevenueExpnssAmt049143
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt014503
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0668527
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0673658
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03730402
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01975656
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05706058
IRS990ScheduleD/EquipmentGrp/BookValueAmt020954
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0196348
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0217302
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt039700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt039700
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt039669
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0187579
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0227248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Special assessment - property improvement
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Renter Deposit
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is exempt from income taxes on its exempt purpose activities under the provisions of Section 501(c)(7) of the Internal Revenue Code. The Association is subject to income taxes, at the corporate tax rates, on activities deemed not to be within the scope of its exempt purpose function.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03830725
IRS990ScheduleD/TotalLiabilityAmt012750
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the treasurer before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization by-laws are made available on the association's public website. The financial statements are available at all times for inspections by the general membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Member capital refunded -7,475.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An incomplete Form 990 for the tax year ended February 28, 2021 was accidentally transmitted to the IRS. We are now filing the completed return.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05096618
IRS990/TotalAssetsEOYAmt05619636
IRS990/TotalAssetsGrp/BOYAmt05096618
IRS990/TotalAssetsGrp/EOYAmt05619636
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt074200
IRS990/TotalEmployeeCnt0123
IRS990/TotalFunctionalExpensesGrp/TotalAmt01001232
IRS990/TotalGrossUBIAmt015761
IRS990/TotalLiabilitiesBOYAmt01956696
IRS990/TotalLiabilitiesEOYAmt02438046
IRS990/TotalLiabilitiesGrp/BOYAmt01956696
IRS990/TotalLiabilitiesGrp/EOYAmt02438046
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03139922
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03181590
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0-3297
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0-8825
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt0-5528
IRS990/TotalProgramServiceRevenueAmt0909261
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0960414
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01050375
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt015761
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05096618
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05619636
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 5346
IRS990/USAddress/CityNm0Arlington
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022205
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$2.21$3.29$1.37$1.47$0.11
2024Detailed filing. Detailed filing data is available for this year.$5.61$2.23$3.38$1.32$1.25$0.08
2023Detailed filing. Detailed filing data is available for this year.$5.49$2.19$3.30$1.10$1.26$0.15
2022Detailed filing. Detailed filing data is available for this year.$5.82$2.36$3.46$1.37$1.08$0.29
2021Detailed filing. Detailed filing data is available for this year.$5.62$2.44$3.18$1.05$1.00$0.05
2020Detailed filing. Detailed filing data is available for this year.$5.10$1.96$3.14$1.18$1.12$0.06
2019Detailed filing. Detailed filing data is available for this year.$5.08$1.99$3.09$1.09$1.09$0.00
2018Detailed filing. Detailed filing data is available for this year.$5.19$2.09$3.10$1.12$1.10$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.21$2.13$3.08$1.10$1.10$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.10$2.02$3.09$1.15$1.07$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.07$2.07$3.01$1.03$1.04$0.01
2014Detailed filing. Detailed filing data is available for this year.$5.13$2.10$3.03$0.96$0.97$0.01
2013Summary only. Only limited summary data is available for this year.$4.85$1.76$3.09$1.28$0.71$0.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.03$2.53$0.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.03$1.91$0.68