Civic Intelligence

Reston Masters Swim Team Inc

990EZ • Fiscal year 2022 • EIN 54-1669947

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

Organization Profile
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

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

5.9%

Faster revenue growth than 46% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$50,872

Up $6,009 (+13%) from 2021

Net Assets

Up

$50,872

Up $8,752 (+21%) from 2021

Liabilities

Down

$0

Down $2,743 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin64th percentile

Revenue

Up

$66,138

Up $3,707 (+5.9%) from 2021

Expenses

Down

$57,355

Down $23,976 (-29%) from 2021

Net Income

Up

$8,783

Up $27,683 (+146%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

2022

Assets$50,872
Liabilities$0
Net Assets$50,872
Open 2022 Filing

Operations Trend

Revenue Growth46th percentile

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

2022

Revenue$66,138
Expenses$57,355
Net Income$8,783
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$66,138
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
HOSTED EVENTS THAT PROVIDED COMPETITION FOR HUNDREDS OF SWIMMERS.-$27,822
Compensation and Service Providers
Top Officer Pay87th percentile

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
2023-05-09
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 22,860competition 4,962lake swim 13,090pool rent 12,858office expense 1,959professional fees 515spiritware 1,111”

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

“Description amountunrealized gain/loss on securities (31)”

Description of other assets Part II line 24

“Category beginning of year end of yearcalvert investment 11,410 11,379”

Description of total liabilities Part II line 26

“Category beginning of year end of yearteam assistance fund 2,743 0”

Raw XML Appendix133 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/CityNm0ASHBURN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020147
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IRS990EZ/ExcessOrDeficitForYearAmt08783
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARAM THOMASIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEREMY HANFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARGIE SHAPIRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DENISE WETZEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TANJA NELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BILL CIMINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4COMMUNICATIONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBERSHIP
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt011410
IRS990EZ/OtherAssetsTotalDetail/EOYAmt011379
IRS990EZ/OtherChangesInNetAssetsAmt0-31
IRS990EZ/OtherExpensesTotalAmt057355
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramServiceRevenueAmt09438
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOSTED EVENTS THAT PROVIDED COMPETITION FOR HUNDREDS OF SWIMMERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027822
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02743
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057355
IRS990EZ/TotalProgramServiceExpensesAmt027822
IRS990EZ/TotalRevenueAmt066138
IRS990EZ/TransactionWithControlEntInd0false
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 22,860COMPETITION 4,962LAKE SWIM 13,090POOL RENT 12,858OFFICE EXPENSE 1,959PROFESSIONAL FEES 515SPIRITWARE 1,111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTUNREALIZED GAIN/LOSS ON SECURITIES (31)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARCALVERT INVESTMENT 11,410 11,379
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARTEAM ASSISTANCE FUND 2,743 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENISE WETZEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07034370074
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RESTON MASTERS SWIM TEAM
ReturnHeader/Filer/BusinessNameControlTxt0REST
ReturnHeader/Filer/EIN0541669947
ReturnHeader/Filer/USAddress/AddressLine1Txt020721 GLOBE MILLS COURT
ReturnHeader/Filer/USAddress/CityNm0ASHBURN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd020147
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823987699
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Compass CPAs of Virginia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09201 Arboretum Pkway Suite 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Chesterfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023236
ReturnHeader/PreparerPersonGrp/PhoneNum08043776952
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Judy Nester CPA
ReturnHeader/ReturnTs02023-11-15T21:57:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DENISE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WETZEL
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,872
Liabilities
$0
Net assets
$50,872
Revenue
$66,138
Expenses
$57,355
Net income
$8,783
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