Civic Intelligence

Valley Area Swim Team Inc.

990EZ • Fiscal year 2014 • EIN 54-1485658

Sep 01, 2013 to Aug 31, 2014 • Filed on Jun 15, 2015

Organization Profilewww.vastswimming.org
PO Box 984Harrisonburg, VA 22803

(540) 434-9447

Siviq Scores

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

Liabilities / Assets

64th percentile

0.02x

Higher debt load relative to assets than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

90th percentile

$41,023

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 38.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$72,370

Up $18,207 (+34%) from 2013

Net Assets

Up

$71,156

Up $17,874 (+34%) from 2013

Liabilities

Up

$1,214

Up $333 (+38%) from 2013

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin73rd percentile

Revenue

Up

$107,942

Up $11,651 (+12%) from 2013

Expenses

Up

$90,068

Up $5,490 (+6.5%) from 2013

Net Income

Up

$17,874

Up $6,161 (+53%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

2014

Assets$72,370
Liabilities$1,214
Net Assets$71,156
Open 2014 Filing

Operations Trend

Revenue Growth64th percentile

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

2014

Revenue$107,942
Expenses$90,068
Net Income$17,874
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jun 15, 2015
Return Version
2013v4.0
Gross Receipts
$114,041
Mission and Program Overview

Mission

Self-funded recreational swim team

Program Services

DescriptionGrantsExpenses
TO PROVIDE AN OPPORTUNITY FOR YOUNG PEOPLE TO ENGAGE IN A WHOLESOME, HEALTHY, LIFESAVING SPORT AND FOSTER COMPETITION AND SELF-ESTEEM. APPROXIMATELY 85 SWIMMERS.-$90,068
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE PHILLIPSHead CoachFT$41,023-$41,023
TRICIA JOHNSONPresident-$0--
KAREN FOLSOMPast President-$0--
KRISTIN MCCAYSecretary-$0--
RICHARD MINNICKTreasurerPT$0--
JEFF SHEFFERBoard Member-$0--
TOM LITTLEBoard Member-$0--
MARIA SAVIDESBoard Member-$0--
SHARON ARMENTROUTBoard Member-$0--
Filing and Contact Details

Filer

EIN
54-1485658
Phone
5404349447

Signing Officer

Name
Richard R Minnick
Title
Treasurer
Phone
5404349447
Signed
2015-06-15
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Communications 2630. Credit card processing fees 3861. Office expense 217. Travel 10832. Insurance 347. Team supplies & equipment 2749. Miscellaneous 864.”

Form 990EZ, Part II, Line 26

“Payroll liabilites 881. 1214.”

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/USAddress/City0HARRISONBURG
IRS990EZ/BooksInCareOfDetail/USAddress/State0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode022803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054163
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt841023
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD MINNICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFF SHEFFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TOM LITTLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARIA SAVIDES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SHARON ARMENTROUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STEVE PHILLIPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8HEAD COACH
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt021500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SELF-FUNDED RECREATIONAL SWIM TEAM
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE AN OPPORTUNITY FOR YOUNG PEOPLE TO ENGAGE IN A WHOLESOME, HEALTHY, LIFESAVING SPORT AND FOSTER COMPETITION AND SELF-ESTEEM. APPROXIMATELY 85 SWIMMERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090068
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt058626
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt06099
IRS990EZ/SpecialEventsNetIncomeLossAmt011406
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0881
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01214
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt090068
IRS990EZ/TotalProgramServiceExpensesAmt090068
IRS990EZ/TotalRevenueAmt0107942
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.vastswimming.org
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091034
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt080288
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108200
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012176
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IRS990ScheduleA/InvestmentIncomeCYPct00.00010
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IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt097551
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0120376
IRS990ScheduleA/Total509Grp/TotalAmt0535973
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0536023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNICATIONS 2630. CREDIT CARD PROCESSING FEES 3861. OFFICE EXPENSE 217. TRAVEL 10832. INSURANCE 347. TEAM SUPPLIES & EQUIPMENT 2749. MISCELLANEOUS 864.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL LIABILITES 881. 1214.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD R MINNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05404349447
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10VALLEY AREA SWIM TEAM
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0541485658
ReturnHeader/Filer/PhoneNum05404349447
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 984
ReturnHeader/Filer/USAddress/City0HARRISONBURG
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022803
ReturnHeader/ReturnTs02015-06-15T20:04:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$72,370
Liabilities
$1,214
Net assets
$71,156
Revenue
$107,942
Expenses
$90,068
Net income
$17,874
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