Civic Intelligence

Tarheel Swimming Association Tsa

EIN 56-1162024 • 501(c)7 • Cary, NC

Profile

Fostering amateur sports competition for 12000 athletes

PO Box 1861Cary, NC 27512
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.00x

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

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

40th percentile

-2.5%

Higher net margin than 40% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

90th percentile

41%

Faster asset growth than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

59th percentile

5.1%

Faster revenue growth than 59% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$19,814

Down $2,364 (-11%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$19,814

Down $2,364 (-11%) from 2024

Operations
Liabilities / Revenue60th percentileNet Margin40th percentile

Revenue

Down

$95,878

Down $3,446 (-3.5%) from 2024

Expenses

Up

$98,242

Up $11,146 (+13%) from 2024

Net Income

Down

-$2,364

Down $14,592 (-119%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2022: $8,663Liabilities 2022: $0Net Assets 2022: $8,6632022Assets 2023: $9,950Liabilities 2023: $0Net Assets 2023: $9,9502023Assets 2024: $22,178Liabilities 2024: $0Net Assets 2024: $22,1782024Assets 2025: $19,814Liabilities 2025: $0Net Assets 2025: $19,8142025

Highlighted filing

2025

Assets$19,814
Liabilities$0
Net Assets$19,814
Open 2025 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2022: $77,796Expenses 2022: $80,659Net Income 2022: -$2,8632022Revenue 2023: $86,770Expenses 2023: $85,483Net Income 2023: $1,2872023Revenue 2024: $99,324Expenses 2024: $87,096Net Income 2024: $12,2282024Revenue 2025: $95,878Expenses 2025: $98,242Net Income 2025: -$2,3642025

Highlighted filing

2025

Revenue$95,878
Expenses$98,242
Net Income-$2,364
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,814
Liabilities
$0
Net assets
$19,814
Revenue
$95,878
Expenses
$98,242
Net income
-$2,364
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.8$0.00$19.8$95.9$98.2$2.36
2024Detailed filing. Detailed filing data is available for this year.$22.2$0.00$22.2$99.3$87.1$12.2
2023Detailed filing. Detailed filing data is available for this year.$9.95$0.00$9.95$86.8$85.5$1.29
2022Detailed filing. Detailed filing data is available for this year.$8.66$0.00$8.66$77.8$80.7$2.86
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Jan 30, 2026
Return Version
2025v4.0
Gross Receipts
$95,878
Mission and Program Overview

Mission

Fostering amateur sports competition for 12000 athletes

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHAWN GAGEPresident-$0--
TRACEY MIZELLSecretary-$0--
KAREN OLEARYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Tarheel Swimming Association Tsa
EIN
56-1162024
Phone
0000000000
Address
PO BOX 1861, CARY, NC 27512

Signing Officer

Name
Karen Oleary
Title
0
Phone
0000000000
Signed
2026-01-30
Supplemental Narrative

Additional Explanations

Part I, line 10

“44 grants to participating athletes who are graduating seniors from high school”

Part I, line 16

“Meals 499 Tax filing expense 85 Trophies 1930 Websitemeet management software 33561 Championship meet expenses 38480”

Raw XML Appendix116 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0KAREN OLEARY
IRS990EZ/BooksInCareOfDetail/PhoneNum09193676377
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0564 GRAND CENTRAL STA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0APEX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027502
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022178
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019814
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2364
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022178
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019814
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt022000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt095878
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt04
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt095874
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022178
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019814
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022178
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019814
IRS990EZ/OccupancyRentUtltsAndMaintAmt050
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHAWN GAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TRACEY MIZELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KAREN OLEARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt074555
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Fostering amateur sports competition for 12000 athletes
IRS990EZ/PrintingPublicationsPostageAmt01637
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt098242
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt095878
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt044 grants to participating athletes who are graduating seniors from high school
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meals 499 Tax filing expense 85 Trophies 1930 Websitemeet management software 33561 Championship meet expenses 38480
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN OLEARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt00
ReturnHeader/BusinessOfficerGrp/PhoneNum00000000000
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TARHEEL SWIMMING ASSOCIATION TSA
ReturnHeader/Filer/BusinessNameControlTxt0TARH
ReturnHeader/Filer/EIN0561162024
ReturnHeader/Filer/PhoneNum00000000000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1861
ReturnHeader/Filer/USAddress/CityNm0CARY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027512
ReturnHeader/ReturnTs02026-01-30T13:30:23Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

Document Assets

No mirrored PDF or thumbnail assets are attached yet.