Civic Intelligence

Valley Area Swim Team Inc.

990EZ • Fiscal year 2012 • EIN 54-1485658

Sep 01, 2011 to Aug 31, 2012 • Filed on Jul 15, 2013

PO Box 98422803
Siviq Scores

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

Liabilities / Assets

66th percentile

0.03x

Higher debt load relative to assets than 66% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

82nd percentile

38%

Faster asset growth than 82% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

57th percentile

5.3%

Faster revenue growth than 57% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Up

$42,757

Up $11,741 (+38%) from 2011

Net Assets

$41,569

No earlier filing loaded for comparison.

Liabilities

Down

$1,188

Down $264 (-18%) from 2011

Revenue

Up

$95,648

Up $4,785 (+5.3%) from 2011

Expenses

Down

$83,643

Down $21,825 (-21%) from 2011

Net Income

Up

$12,005

Up $26,610 (+182%) from 2011

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $31,016Liabilities 2011: $1,4522011Assets 2012: $42,757Liabilities 2012: $1,188Net Assets 2012: $41,5692012Assets 2013: $54,163Liabilities 2013: $881Net Assets 2013: $53,2822013Assets 2014: $72,370Liabilities 2014: $1,214Net Assets 2014: $71,1562014Assets 2015: $88,700Liabilities 2015: $948Net Assets 2015: $87,7522015Assets 2016: $96,521Liabilities 2016: $8,583Net Assets 2016: $87,9382016Assets 2017: $124,735Liabilities 2017: $17,946Net Assets 2017: $106,7892017Assets 2018: $134,540Liabilities 2018: $18,078Net Assets 2018: $116,4622018Assets 2019: $85,775Liabilities 2019: $20,197Net Assets 2019: $65,5782019Assets 2020: $96,555Liabilities 2020: $1,606Net Assets 2020: $94,9492020Assets 2021: $118,126Liabilities 2021: $1,416Net Assets 2021: $116,7102021Assets 2022: $111,134Liabilities 2022: $1,716Net Assets 2022: $109,4182022Assets 2023: $107,951Liabilities 2023: $2,459Net Assets 2023: $105,4922023Assets 2024: $85,226Liabilities 2024: $3,521Net Assets 2024: $81,7052024Assets 2025: $101,686Liabilities 2025: $3,025Net Assets 2025: $98,6612025

Highlighted filing

2012

Assets$42,757
Liabilities$1,188
Net Assets$41,569

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $90,863Expenses 2011: $105,468Net Income 2011: -$14,6052011Revenue 2012: $95,648Expenses 2012: $83,643Net Income 2012: $12,0052012Revenue 2013: $96,291Expenses 2013: $84,578Net Income 2013: $11,7132013Revenue 2014: $107,942Expenses 2014: $90,068Net Income 2014: $17,8742014Revenue 2015: $130,404Expenses 2015: $113,808Net Income 2015: $16,5962015Revenue 2016: $125,458Expenses 2016: $125,272Net Income 2016: $1862016Revenue 2017: $163,572Expenses 2017: $144,721Net Income 2017: $18,8512017Revenue 2018: $182,026Expenses 2018: $172,353Net Income 2018: $9,6732018Revenue 2019: $159,973Expenses 2019: $210,857Net Income 2019: -$50,8842019Revenue 2020: $150,873Expenses 2020: $121,502Net Income 2020: $29,3712020Revenue 2021: $156,415Expenses 2021: $134,654Net Income 2021: $21,7612021Revenue 2022: $159,433Expenses 2022: $166,725Net Income 2022: -$7,2922022Revenue 2023: $228,157Expenses 2023: $232,083Net Income 2023: -$3,9262023Revenue 2024: $264,537Expenses 2024: $288,324Net Income 2024: -$23,7872024Revenue 2025: $268,293Expenses 2025: $251,337Net Income 2025: $16,9562025

Highlighted filing

2012

Revenue$95,648
Expenses$83,643
Net Income$12,005
Jump To
Filing Snapshot
Filing Period
Sep 1, 2011 to Aug 31, 2012
Signed
Jul 15, 2013
Return Version
2011v1.2
Mission and Program Overview

Mission

Self-funded recreational swim team

Filing and Contact Details

Filer

EIN
54-1485658
Raw XML Appendix200 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.

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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation937847
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0KAREN FOLSOM
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1SHARON ARMENTROUT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2JANA MILLER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3RICHARD MINNICK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4JEFF SHEFFER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName5TOM LITTLE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName6MARIA SAVIDES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName7CAROL SMITH
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName9STEVE PHILLIPS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title9HEAD COACH
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationHadUBI0false
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IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
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IRS990EZ/PrimaryExemptPurpose0SELF-FUNDED RECREATIONAL SWIM TEAM
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IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0TO PROVIDE AN OPPORTUNITY FOR YOUNG PEOPLE TO ENGAGE IN A WHOLESOME, HEALTHY, LIFESAVING SPORT AND FOSTER COMPETITION AND SELF-ESTEEM. APPROXIMATELY 85 SWIMMERS.
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IRS990ScheduleO/GeneralExplanation/Explanation0ADVERTISING 646. OFFICE EXPENSE 447. TRAVEL 8351. INSURANCE 463. COMPUTER EXPENSE 90. TEAM SUPPLIES & EQUIPMENT 1586. MISCELLANEOUS 798.
IRS990ScheduleO/GeneralExplanation/Explanation1PAYROLL LIABILITES 1452. 1188.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0541485658
ReturnHeader/Filer/Name/BusinessNameLine10VALLEY AREA SWIM TEAM
ReturnHeader/Filer/NameControl0VALL
ReturnHeader/Filer/Phone05404349447
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 984
ReturnHeader/Filer/USAddress/City0HARRISONBURG
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022803
ReturnHeader/Officer/DateSigned02013-07-15
ReturnHeader/Officer/Name0RICHARD R MINNICK
ReturnHeader/Officer/Phone05404349447
ReturnHeader/Officer/Title0TREASURER
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-09-01
ReturnHeader/TaxPeriodEndDate02012-08-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-07-15T11:49:42-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.02$0.03$0.99$2.68$2.51$0.17
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.04$0.82$2.65$2.88$0.24
2023Detailed filing. Detailed filing data is available for this year.$1.08$0.02$1.05$2.28$2.32$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.02$1.09$1.59$1.67$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.18$0.01$1.17$1.56$1.35$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.02$0.95$1.51$1.22$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.20$0.66$1.60$2.11$0.51
2018Detailed filing. Detailed filing data is available for this year.$1.35$0.18$1.16$1.82$1.72$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.18$1.07$1.64$1.45$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.09$0.88$1.25$1.25$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.01$0.88$1.30$1.14$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$1.08$0.90$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.01$0.53$0.96$0.85$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.42$0.96$0.84$0.12
2011Summary only. Only limited summary data is available for this year.$0.31$0.01$0.91$1.05$0.15