Civic Intelligence

Tsunami Swimming

990EZ • Fiscal year 2014 • EIN 54-2047822

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 15, 2015

365 Belle Plains RoadFredericksburg, VA 22405-3435

(540) 371-4369

Siviq Scores

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

Liabilities / Assets

89th percentile

0.50x

Higher debt load relative to assets than 89% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

26th percentile

-7.2%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

87th percentile

$34,415

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 29.9% of source-year revenue.

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

Asset Growth

14th percentile

-31%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

42nd percentile

-3.0%

Faster revenue growth than 42% of similar nonprofits.

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

Assets

Down

$25,104

Down $11,436 (-31%) from 2013

Net Assets

$12,573

No earlier filing loaded for comparison.

Liabilities

Down

$12,531

Down $3,191 (-20%) from 2013

Revenue

Down

$115,028

Down $3,507 (-3.0%) from 2013

Expenses

Up

$123,273

Up $14,912 (+14%) from 2013

Net Income

Down

-$8,245

Down $18,419 (-181%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $13,555Liabilities 2011: $7,9852011Assets 2012: $22,743Liabilities 2012: $12,0992012Assets 2013: $36,540Liabilities 2013: $15,7222013Assets 2014: $25,104Liabilities 2014: $12,531Net Assets 2014: $12,5732014Assets 2015: $13,689Liabilities 2015: $9,339Net Assets 2015: $4,3502015Assets 2016: $32,528Liabilities 2016: $10,382Net Assets 2016: $22,1462016Assets 2017: $64,887Liabilities 2017: $12,457Net Assets 2017: $52,4302017Assets 2018: $51,846Net Assets 2018: $199,2542018Assets 2019: $0Net Assets 2019: $11,5932019Assets 2020: $0Net Assets 2020: $61,6652020Assets 2021: $15,918Net Assets 2021: $15,9182021Assets 2022: $0Net Assets 2022: $38,5932022Assets 2023: $13,943Net Assets 2023: $13,9432023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$25,104
Liabilities$12,531
Net Assets$12,573

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $89,813Expenses 2011: $105,439Net Income 2011: -$15,6262011Revenue 2012: $108,885Expenses 2012: $103,810Net Income 2012: $5,0752012Revenue 2013: $118,535Expenses 2013: $108,361Net Income 2013: $10,1742013Revenue 2014: $115,028Expenses 2014: $123,273Net Income 2014: -$8,2452014Revenue 2015: $104,502Expenses 2015: $103,319Net Income 2015: $1,1832015Revenue 2016: $131,587Expenses 2016: $113,791Net Income 2016: $17,7962016Revenue 2017: $176,910Expenses 2017: $146,626Net Income 2017: $30,2842017Revenue 2018: $155,440Expenses 2018: $0Net Income 2018: $155,4402018Revenue 2019: $198,681Expenses 2019: $187,088Net Income 2019: $11,5932019Revenue 2020: $146,290Expenses 2020: $84,625Net Income 2020: $61,6652020Revenue 2021: $158,723Expenses 2021: $147,868Net Income 2021: $10,8552021Revenue 2022: $182,028Expenses 2022: $143,435Net Income 2022: $38,5932022Revenue 2023: $88,218Expenses 2023: $114,904Net Income 2023: -$26,6862023Revenue 2024: $210,627Expenses 2024: $198,134Net Income 2024: $12,4932024

Highlighted filing

2014

Revenue$115,028
Expenses$123,273
Net Income-$8,245
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 15, 2015
Return Version
2014v5.0
Gross Receipts
$187,356
Mission and Program Overview

Mission

Swimming instructionfitnesscompetitio

Program Services

DescriptionGrantsExpenses
USS COMMPETITIVE SWIM TEAM--VA TEAM COMPETITION AT LOCAL STATE & NATL LEVELS SWIMMERS DEVELOP STRENGTH & ENDURANCE 2964 SCHOLARSHIPS WERE AWARDED IN 2014 75 TEAM SWIMMERS-$83,903
SWIM & STAY FIT--NON COMPETITIVE SWIMMING PROGRAM AGES 5 TO ADULT PROGRAM IS YR ROUND & DEVELOPS STRENGTH AND TECHNIQUE5 SESSIONS IN 2014 WITH 25 CLASSES EA 225 SWIMMERS-$23,326
LEARN TO SWIM--PROGRAM FOR NON-SWIMMERS AGES 5 TO ADULT WEEKLY CLASSES HELD IN SMALL GROUPS 5 SESSIONS WITH 45 LESSONS EACH GRANT WAS USED TO FUND 32 SWIMMERS 190 SWIMMERS$2,500$10,469
Other program services-$2,798
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PETER R MALONEYPresidentPT$34,415-$34,415
BETSY PAYNEDirector-$0--
ROBIN PAYNEDirector-$0--
KANDY HILLIARDDirector-$0--
ANDREA LIGHTDirector-$0--
COURTNEY WOLFGANGDirector-$0--
CHRIS GOLDSMITHDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Script Sales$74,655$74,655$69,697$4,958
Coupon Books$1,040$1,040$1,035$5
Total Events$75,695$75,695$70,732$4,963
Filing and Contact Details

Filer

Filer Name
Tsunami Swimming
EIN
54-2047822
Address
365 BELLE PLAINS ROAD, FREDERICKSBURG, VA 22405-3435

Signing Officer

Name
Peter R Maloney
Title
President
Phone
5403714369
Signed
2015-06-15
Discuss with paid preparer
No

Preparer

Firm
Chris a Goldsmith CPA Pc
Address
461 CHATHAM HEIGHTS ROAD, Fredericksburg, VA 22405-2576
Preparer
Chris a Goldsmith CPA
Phone
5403715911
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amountcharge card rebate 257

Description of other expenses Part I line 16

Description amountpayroll taxes 4,069supplies 734transportation 2,690meal expense 1,690travel--motels, parking, etc. 2,330insurance 823depreciation 181education and training 250advertising 1,075internet fees 624paypal fees 1,572meet fees and registration fees 2,054other fees 127miscellaneous 594

Description of other assets Part II line 24

Category beginning of year end of yearinventory 9,546 7,146net equipment value 404 223

Description of total liabilities Part II line 26

Category beginning of year end of yearpayroll taxes payable 1,786 1,876accounts payable 13,936 10,655

Other program services Part III line 31

Swim clinic program--program designed to help swimmers get into shape before their swimming seasons start. Preseasons were for high school swimming teams and summer swim league swimming. Master swimmers--program designed for adult competitive swimmers.

Raw XML Appendix220 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEARN TO SWIM--PROGRAM FOR NON-SWIMMERS AGES 5 TO ADULT WEEKLY CLASSES HELD IN SMALL GROUPS 5 SESSIONS WITH 45 LESSONS EACH GRANT WAS USED TO FUND 32 SWIMMERS 190 SWIMMERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SWIM & STAY FIT--NON COMPETITIVE SWIMMING PROGRAM AGES 5 TO ADULT PROGRAM IS YR ROUND & DEVELOPS STRENGTH AND TECHNIQUE5 SESSIONS IN 2014 WITH 25 CLASSES EA 225 SWIMMERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2USS COMMPETITIVE SWIM TEAM--VA TEAM COMPETITION AT LOCAL STATE & NATL LEVELS SWIMMERS DEVELOP STRENGTH & ENDURANCE 2964 SCHOLARSHIPS WERE AWARDED IN 2014 75 TEAM SWIMMERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3Other program services
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IRS990EZ/WebsiteAddressTxt0WWW.TSUNAMISWIMMING.COM
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTCHARGE CARD REBATE 257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTPAYROLL TAXES 4,069SUPPLIES 734TRANSPORTATION 2,690MEAL EXPENSE 1,690TRAVEL--MOTELS, PARKING, ETC. 2,330INSURANCE 823DEPRECIATION 181EDUCATION AND TRAINING 250ADVERTISING 1,075INTERNET FEES 624PAYPAL FEES 1,572MEET FEES AND REGISTRATION FEES 2,054OTHER FEES 127MISCELLANEOUS 594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARINVENTORY 9,546 7,146NET EQUIPMENT VALUE 404 223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAXES PAYABLE 1,786 1,876ACCOUNTS PAYABLE 13,936 10,655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SWIM CLINIC PROGRAM--PROGRAM DESIGNED TO HELP SWIMMERS GET INTO SHAPE BEFORE THEIR SWIMMING SEASONS START. PRESEASONS WERE FOR HIGH SCHOOL SWIMMING TEAMS AND SUMMER SWIM LEAGUE SWIMMING. MASTER SWIMMERS--PROGRAM DESIGNED FOR ADULT COMPETITIVE SWIMMERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other program services Part III line 31
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER R MALONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05403714369
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TSUNAMI SWIMMING
ReturnHeader/Filer/BusinessNameControlTxt0TSUN
ReturnHeader/Filer/EIN0542047822
ReturnHeader/Filer/USAddress/AddressLine1Txt0365 BELLE PLAINS ROAD
ReturnHeader/Filer/USAddress/CityNm0FREDERICKSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0224053435
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541178170
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRIS A GOLDSMITH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0461 CHATHAM HEIGHTS ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fredericksburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0224052576
ReturnHeader/PreparerPersonGrp/PhoneNum05403715911
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS A GOLDSMITH CPA
ReturnHeader/ReturnTs02015-06-15T14:32:18-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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.$0.00$0.00$0.00$2.11$1.98$0.12
2023Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.88$1.15$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.39$1.82$1.43$0.39
2021Detailed filing. Detailed filing data is available for this year.$0.16$0.16$1.59$1.48$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.62$1.46$0.85$0.62
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.12$1.99$1.87$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.52$1.99$1.55$0.00$1.55
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.12$0.52$1.77$1.47$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.10$0.22$1.32$1.14$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.09$0.04$1.05$1.03$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.13$0.13$1.15$1.23$0.08
2013Summary only. Only limited summary data is available for this year.$0.37$0.16$1.19$1.08$0.10
2012Summary only. Only limited summary data is available for this year.$0.23$0.12$1.09$1.04$0.05
2011Summary only. Only limited summary data is available for this year.$0.14$0.08$0.90$1.05$0.16