Civic Intelligence

The Fish Swim Team Inc

990 • Fiscal year 2020 • EIN 54-1813816

Jun 01, 2019 to May 31, 2020 • Filed on Nov 24, 2020

13404 Birch Bark CourtFairfax, VA 22033

(703) 870-8664

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.00x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

12th percentile

-30%

Higher net margin than 12% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$130,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

3rd percentile

-43%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-51%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$468,870

Down $356,579 (-43%) from 2019

Net Assets

Down

$466,005

Down $246,844 (-35%) from 2019

Liabilities

Down

$2,865

Down $109,735 (-97%) from 2019

Revenue

Down

$817,576

Down $836,912 (-51%) from 2019

Expenses

Down

$1,064,420

Down $135,152 (-11%) from 2019

Net Income

Down

-$246,844

Down $701,760 (-154%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $106,564Liabilities 2011: $17,503Net Assets 2011: $89,0612011Assets 2012: $37,278Liabilities 2012: $1,829Net Assets 2012: $35,4492012Assets 2013: $172,987Liabilities 2013: $56,307Net Assets 2013: $116,6802013Assets 2014: $65,996Liabilities 2014: $1,007Net Assets 2014: $64,9892014Assets 2015: $127,410Liabilities 2015: $8,411Net Assets 2015: $118,9992015Assets 2016: $157,879Liabilities 2016: $12,093Net Assets 2016: $145,7862016Assets 2017: $653,160Liabilities 2017: $2,936Net Assets 2017: $650,2242017Assets 2018: $253,396Liabilities 2018: -$4,537Net Assets 2018: $257,9332018Assets 2019: $825,449Liabilities 2019: $112,600Net Assets 2019: $712,8492019Assets 2020: $468,870Liabilities 2020: $2,865Net Assets 2020: $466,0052020Assets 2021: $418,358Liabilities 2021: $123,607Net Assets 2021: $294,7512021Assets 2022: $684,855Liabilities 2022: $46,828Net Assets 2022: $638,0272022Assets 2023: $598,089Liabilities 2023: $1,697Net Assets 2023: $596,3922023Assets 2024: $1,024,125Liabilities 2024: $21,845Net Assets 2024: $1,002,2802024Assets 2025: $998,088Liabilities 2025: $18,239Net Assets 2025: $979,8492025

Highlighted filing

2020

Assets$468,870
Liabilities$2,865
Net Assets$466,005

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $624,7502011Expenses 2012: $867,4112012Expenses 2013: $960,0632013Revenue 2014: $832,328Expenses 2014: $884,019Net Income 2014: -$51,6912014Revenue 2015: $1,015,707Expenses 2015: $961,697Net Income 2015: $54,0102015Revenue 2016: $1,011,325Expenses 2016: $984,538Net Income 2016: $26,7872016Revenue 2017: $1,528,626Expenses 2017: $1,024,188Net Income 2017: $504,4382017Revenue 2018: $731,808Expenses 2018: $1,124,099Net Income 2018: -$392,2912018Revenue 2019: $1,654,488Expenses 2019: $1,199,572Net Income 2019: $454,9162019Revenue 2020: $817,576Expenses 2020: $1,064,420Net Income 2020: -$246,8442020Revenue 2021: $867,783Expenses 2021: $1,039,037Net Income 2021: -$171,2542021Revenue 2022: $1,305,542Expenses 2022: $1,149,832Net Income 2022: $155,7102022Revenue 2023: $1,422,076Expenses 2023: $1,328,129Net Income 2023: $93,9472023Revenue 2024: $1,676,054Expenses 2024: $1,405,748Net Income 2024: $270,3062024Revenue 2025: $1,347,144Expenses 2025: $1,369,575Net Income 2025: -$22,4312025

Highlighted filing

2020

Revenue$817,576
Expenses$1,064,420
Net Income-$246,844
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Nov 24, 2020
Return Version
2019v5.1
Gross Receipts
$832,448
Mission and Program Overview

Mission

Fostering national and international amateur swimming competition

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$822,327$450,441▼ $371,886
Land, Buildings, and Equipment, Net$3,122$1,852▼ $1,270
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$825,449$468,870▼ $356,579
Other Assets Total$0$16,577▲ $16,577
Liabilities
Other Liabilities$112,600$2,865▼ $109,735
Total Liabilities$112,600$2,865▼ $109,735
Net Assets / Fund Balance
Total Net Assets Fund Balance$712,849$466,005▼ $246,844
Total Liabilities and Net Assets / Fund Balance$825,449$468,870▼ $356,579

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,852$10,821$12,673
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Raymond L BeneckiPresidentPT$130,000$130,000
Monika ParisTreasurerFT$119,000$119,000

Board Members and Trustees

NameTitle
Ed SiegfriedBoard Member
MIKE O'SHAUGHNESSYLegal Counsel
Elvira CreeksSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,125
Program Service Revenue
$796,210
Investment Income
$6,003
Other Revenue
$14,238
Change in Net Assets
$-246,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$670,565
Other Expenses$393,855
Total Fundraising Expense$12,450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$351,280--$351,280
Current Officers, Directors, Trustees, and Key Employees$168,350$68,200$12,450$249,000
Occupancy$209,870--$209,870
Payroll Taxes$38,559--$38,559
Other Employee Benefits$18,400--$18,400
Travel$17,233--$17,233
All Other Expenses$15,055--$15,055
Pension Plan Contributions$13,326--$13,326
Other Expenses$4,300--$4,300
Office Expenses$1,793$1,451-$3,244
Fees for Services Accounting-$2,935-$2,935
Advertising$2,748--$2,748
Depreciation Depletion$1,270--$1,270
Insurance$1,175--$1,175
Fees for Services Other$181--$181
Total Functional Expenses$979,384$72,586$12,450$1,064,420
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,110
Fundraising Direct Expenses$14,872
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swimathon$26,943$26,943$13,688$13,255
5k Fun Run$2,059$2,059$1,184$875
Total Events$29,110$29,110$14,872$14,238
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$2,865
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

The organization submits an electronic copy of their form 990 to all board members. The board members are asked to respond with questions and comments within ten days. After that time, the form 990 is filed.

Form 990, Part VI, Section B, Line 15

The board reviewed comparable salaries of three local,similarly situated swim teams in order to determine the compensation for ray benecki, president and head coach.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Fish Swimteam Inc
EIN
54-1813816
Phone
7038708664
Address
13404 BIRCH BARK COURT, FAIRFAX, VA 22033

Signing Officer

Name
Ray Benecki
Title
President
Phone
7038708664
Signed
2020-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Benecki
Formed
1996
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
0
Employees
24
Volunteers
0

Preparer

Firm
Burdette Smith & Bish LLC
Address
4114 LEGATO ROAD 5TH FLOOR, FAIRFAX, VA 22033
Preparer
Catherine F Moberly CPA
Phone
7035915200
Raw XML AppendixShowing 400 of 409 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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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt020938
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/InvestmentIncomePYPct00.00270
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99640
IRS990ScheduleA/PublicSupportPY509Pct00.99730
IRS990ScheduleA/PublicSupportTotal509Amt05760968
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0824484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01653377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0737226
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01532662
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01013219
IRS990ScheduleA/Total509Grp/TotalAmt05760968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0830487
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01660849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0741554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01534601
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01014415
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05781906
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01852
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010821
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01852
IRS990ScheduleD/TotalLiabilityAmt02865
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014872
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm05K FUN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SWIMATHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt02059
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026943
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0108
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029110
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02059
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt026943
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0108
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029110
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt014238
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014872
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01184
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013688
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SUBMITS AN ELECTRONIC COPY OF THEIR FORM 990 TO ALL BOARD MEMBERS. THE BOARD MEMBERS ARE ASKED TO RESPOND WITH QUESTIONS AND COMMENTS WITHIN TEN DAYS. AFTER THAT TIME, THE FORM 990 IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWED COMPARABLE SALARIES OF THREE LOCAL,SIMILARLY SITUATED SWIM TEAMS IN ORDER TO DETERMINE THE COMPENSATION FOR RAY BENECKI, PRESIDENT AND HEAD COACH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0825449
IRS990/TotalAssetsEOYAmt0468870
IRS990/TotalAssetsGrp/BOYAmt0825449
IRS990/TotalAssetsGrp/EOYAmt0468870
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01125
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012450
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072586
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0979384
IRS990/TotalFunctionalExpensesGrp/TotalAmt01064420
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0112600
IRS990/TotalLiabilitiesEOYAmt02865
IRS990/TotalLiabilitiesGrp/BOYAmt0112600
IRS990/TotalLiabilitiesGrp/EOYAmt02865
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0712849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0466005
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0979384
IRS990/TotalProgramServiceRevenueAmt0796210
IRS990/TotalReportableCompFromOrgAmt0249000
IRS990/TotalRevenueGrp/ExclusionAmt014238
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0802213
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0817576
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0825449
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0468870
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt017233
IRS990/TravelGrp/TotalAmt017233
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013404 BIRCH BARK CT
IRS990/USAddress/CityNm0FAIRFAX
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022033
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.PVFISH.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RAY BENECKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07038708664
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FISH SWIMTEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0FISH
ReturnHeader/Filer/EIN0541813816
ReturnHeader/Filer/PhoneNum07038708664
ReturnHeader/Filer/USAddress/AddressLine1Txt013404 BIRCH BARK COURT
ReturnHeader/Filer/USAddress/CityNm0FAIRFAX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd022033
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00C7D6EFB73AE143BD7AAAA967B01B13D04EB0EAB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.164.53.130
ReturnHeader/FilingSecurityInformation/IPDt02020-11-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm013:09:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454037800
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BURDETTE SMITH & BISH LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04114 LEGATO ROAD 5TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFAX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.00$0.02$0.98$1.35$1.37$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.00$1.68$1.41$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$1.42$1.33$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.05$0.64$1.31$1.15$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.12$0.29$0.87$1.04$0.17
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.82$1.06$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.11$0.71$1.65$1.20$0.45
2018Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.26$0.73$1.12$0.39
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.53$1.02$0.50
2016Summary only. Only limited summary data is available for this year.$0.16$0.01$0.15$1.01$0.98$0.03
2015Summary only. Only limited summary data is available for this year.$0.13$0.01$0.12$1.02$0.96$0.05
2014Summary only. Only limited summary data is available for this year.$0.07$0.00$0.06$0.83$0.88$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.06$0.12$0.96
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.09$0.62