Civic Intelligence

Reston Masters Swim Team Inc

990EZ • Fiscal year 2020 • EIN 54-1669947

Jan 01, 2020 to Dec 31, 2020 • Filed on May 15, 2021

20721 Globe Mills CourtAshburn, VA 20147

(571) 271-7242

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.06x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

44th percentile

0.5%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

51st percentile

1.1%

Faster asset growth than 51% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-37%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$63,756

Up $717 (+1.1%) from 2019

Net Assets

Up

$61,013

Up $717 (+1.2%) from 2019

Liabilities

Flat

$2,743

Flat from 2019

Revenue

Down

$48,235

Down $27,910 (-37%) from 2019

Expenses

Down

$47,996

Down $43,924 (-48%) from 2019

Net Income

Up

$239

Up $16,014 (+102%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $51,429Net Assets 2010: $51,4292010Assets 2011: $50,397Net Assets 2011: $50,3972011Assets 2012: $48,575Liabilities 2012: $0Net Assets 2012: $48,5752012Assets 2013: $47,495Liabilities 2013: $0Net Assets 2013: $47,4952013Assets 2014: $50,166Liabilities 2014: $0Net Assets 2014: $50,1662014Assets 2015: $63,607Liabilities 2015: $595Net Assets 2015: $63,0122015Assets 2016: $59,268Liabilities 2016: $1,480Net Assets 2016: $57,7882016Assets 2017: $71,876Liabilities 2017: $1,695Net Assets 2017: $70,1812017Assets 2018: $78,550Liabilities 2018: $2,479Net Assets 2018: $76,0712018Assets 2019: $63,039Liabilities 2019: $2,743Net Assets 2019: $60,2962019Assets 2020: $63,756Liabilities 2020: $2,743Net Assets 2020: $61,0132020Assets 2021: $44,863Liabilities 2021: $2,743Net Assets 2021: $42,1202021Assets 2022: $50,872Liabilities 2022: $0Net Assets 2022: $50,8722022Assets 2023: $62,869Liabilities 2023: $0Net Assets 2023: $62,8692023Assets 2024: $53,870Liabilities 2024: $0Net Assets 2024: $53,8702024

Highlighted filing

2020

Assets$63,756
Liabilities$2,743
Net Assets$61,013

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $104,591Expenses 2010: $95,036Net Income 2010: $9,5552010Revenue 2011: $102,458Expenses 2011: $103,490Net Income 2011: -$1,0322011Revenue 2012: $106,234Expenses 2012: $108,056Net Income 2012: -$1,8222012Revenue 2013: $84,822Expenses 2013: $85,902Net Income 2013: -$1,0802013Revenue 2014: $93,384Expenses 2014: $90,713Net Income 2014: $2,6712014Revenue 2015: $97,391Expenses 2015: $84,545Net Income 2015: $12,8462015Revenue 2016: $100,008Expenses 2016: $105,232Net Income 2016: -$5,2242016Revenue 2017: $99,105Expenses 2017: $94,510Net Income 2017: $4,5952017Revenue 2018: $94,747Expenses 2018: $88,755Net Income 2018: $5,9922018Revenue 2019: $76,145Expenses 2019: $91,920Net Income 2019: -$15,7752019Revenue 2020: $48,235Expenses 2020: $47,996Net Income 2020: $2392020Revenue 2021: $62,431Expenses 2021: $81,331Net Income 2021: -$18,9002021Revenue 2022: $66,138Expenses 2022: $57,355Net Income 2022: $8,7832022Revenue 2023: $81,571Expenses 2023: $69,730Net Income 2023: $11,8412023Revenue 2024: $108,654Expenses 2024: $105,586Net Income 2024: $3,0682024

Highlighted filing

2020

Revenue$48,235
Expenses$47,996
Net Income$239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.1
Gross Receipts
$48,235
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
HOSTED EVENTS THAT PROVIDED COMPETITION FOR HUNDREDS OF SWIMMERS.-$32,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARAM THOMASIANPresidentPT$0--
JEREMY HANFORDVice President-$0--
MARGIE SHAPIROSecretaryPT$0--
DENISE WETZELTreasurer-$0--
TANJA NELSONCommunications-$0--
BILL CIMINOMembership-$0--
Filing and Contact Details

Filer

Filer Name
Reston Masters Swim Team
EIN
54-1669947
Address
20721 GLOBE MILLS COURT, ASHBURN, VA 20147

Signing Officer

Name
Denise Wetzel
Title
Treasurer
Phone
7034370074
Signed
2021-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Compass CPAs of Virginia
Address
9201 Arboretum Pkway Suite 140, North Chesterfield, VA 23236
Preparer
Judy Nester CPA
Phone
8043776952
Supplemental Narrative

Additional Explanations

General explanation attachment

The mission of the reston masters swim team (rmst) is to promote better health, sportsmanship and continuing physical development through swimming. Rmst supports competitive swimming, recreational swimming, and, to a limited extent, instructional swimming. It is well understood that a lifelong exercise program will prolong life and extend the benefits of physical fitness to adults. Rmst, a member of the us masters swimming program, hosts one of the few competitive open water swim competitions each year.

Description of other expenses Part I line 16

Description amountcoaching fees 31,599competition 1,158lake swim 3,534pool rent 8,925office expenses 873website and zoom 540license and registration expenses 317

Other changes in net assets or fund balances Part I line 20

Description amountunrealized gain/loss on securities 478

Description of other assets Part II line 24

Category beginning of year end of yearcalvert investment 11,287 11,403

Description of total liabilities Part II line 26

Category beginning of year end of yearteam assistance fund 2,743 2,743

Raw XML Appendix136 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE RESTON MASTERS SWIM TEAM (RMST) IS TO PROMOTE BETTER HEALTH, SPORTSMANSHIP AND CONTINUING PHYSICAL DEVELOPMENT THROUGH SWIMMING. RMST SUPPORTS COMPETITIVE SWIMMING, RECREATIONAL SWIMMING, AND, TO A LIMITED EXTENT, INSTRUCTIONAL SWIMMING. IT IS WELL UNDERSTOOD THAT A LIFELONG EXERCISE PROGRAM WILL PROLONG LIFE AND EXTEND THE BENEFITS OF PHYSICAL FITNESS TO ADULTS. RMST, A MEMBER OF THE US MASTERS SWIMMING PROGRAM, HOSTS ONE OF THE FEW COMPETITIVE OPEN WATER SWIM COMPETITIONS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTCOACHING FEES 31,599COMPETITION 1,158LAKE SWIM 3,534POOL RENT 8,925OFFICE EXPENSES 873WEBSITE AND ZOOM 540LICENSE AND REGISTRATION EXPENSES 317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTUNREALIZED GAIN/LOSS ON SECURITIES 478
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARCALVERT INVESTMENT 11,287 11,403
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARTEAM ASSISTANCE FUND 2,743 2,743
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.09$1.06$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.82$0.70$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.66$0.57$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.03$0.42$0.62$0.81$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.03$0.61$0.48$0.48$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.03$0.60$0.76$0.92$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.76$0.95$0.89$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.70$0.99$0.95$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.01$0.58$1.00$1.05$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.97$0.85$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.93$0.91$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.85$0.86$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$1.06$1.08$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$1.02$1.03$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.51$1.05$0.95$0.10