Civic Intelligence

Waxhaw Athletic Association

990 • Fiscal year 2016 • EIN 56-1540418

Jan 01, 2016 to Dec 31, 2016 • Filed on May 26, 2017

PO Box 441Waxhaw, NC 28173

(317) 833-4133

Siviq Scores

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

Liabilities / Assets

76th percentile

0.26x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.11x

Higher debt load relative to revenue than 66% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2016 filings • NTEE N • $500k-$1M nonprofits • Source year 2016

Asset Growth

81st percentile

25%

Faster asset growth than 81% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

76th percentile

16%

Faster revenue growth than 76% of similar nonprofits.

2016 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$265,519

Up $53,259 (+25%) from 2015

Net Assets

Up

$196,837

Up $8,783 (+4.7%) from 2015

Liabilities

Up

$68,682

Up $44,476 (+184%) from 2015

Revenue

Up

$609,128

Up $82,027 (+16%) from 2015

Expenses

Up

$600,345

Up $157,388 (+36%) from 2015

Net Income

Down

$8,783

Down $75,361 (-90%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $59,468Liabilities 2011: $13,950Net Assets 2011: $45,5182011Assets 2012: $87,030Liabilities 2012: $5,514Net Assets 2012: $81,5162012Assets 2013: $151,432Liabilities 2013: $26,559Net Assets 2013: $124,8732013Assets 2014: $152,675Liabilities 2014: $48,766Net Assets 2014: $103,9092014Assets 2015: $212,260Liabilities 2015: $24,206Net Assets 2015: $188,0542015Assets 2016: $265,519Liabilities 2016: $68,682Net Assets 2016: $196,8372016Assets 2017: $249,597Liabilities 2017: $59,108Net Assets 2017: $190,4892017Assets 2018: $232,858Liabilities 2018: $54,582Net Assets 2018: $178,2762018Assets 2019: $249,344Liabilities 2019: $90,089Net Assets 2019: $159,2552019Assets 2020: $243,869Liabilities 2020: $70,347Net Assets 2020: $173,5222020Assets 2021: $543,099Liabilities 2021: $88,216Net Assets 2021: $454,8832021Assets 2022: $761,094Liabilities 2022: $122,027Net Assets 2022: $639,0672022Assets 2023: $754,520Liabilities 2023: $106,012Net Assets 2023: $648,5082023Assets 2024: $621,590Liabilities 2024: $39,922Net Assets 2024: $581,6682024

Highlighted filing

2016

Assets$265,519
Liabilities$68,682
Net Assets$196,837

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $276,861Expenses 2011: $296,624Net Income 2011: -$19,7632011Revenue 2012: $333,704Expenses 2012: $295,908Net Income 2012: $37,7962012Revenue 2013: $365,473Expenses 2013: $322,116Net Income 2013: $43,3572013Revenue 2014: $427,073Expenses 2014: $448,040Net Income 2014: -$20,9672014Revenue 2015: $527,101Expenses 2015: $442,957Net Income 2015: $84,1442015Revenue 2016: $609,128Expenses 2016: $600,345Net Income 2016: $8,7832016Revenue 2017: $644,497Expenses 2017: $650,845Net Income 2017: -$6,3482017Revenue 2018: $616,579Expenses 2018: $628,792Net Income 2018: -$12,2132018Revenue 2019: $665,187Expenses 2019: $684,208Net Income 2019: -$19,0212019Revenue 2020: $512,899Expenses 2020: $498,632Net Income 2020: $14,2672020Revenue 2021: $1,094,874Expenses 2021: $813,513Net Income 2021: $281,3612021Revenue 2022: $1,191,671Expenses 2022: $1,005,894Net Income 2022: $185,7772022Revenue 2023: $1,372,745Expenses 2023: $1,363,304Net Income 2023: $9,4412023Revenue 2024: $1,271,917Expenses 2024: $1,338,757Net Income 2024: -$66,8402024

Highlighted filing

2016

Revenue$609,128
Expenses$600,345
Net Income$8,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 26, 2017
Return Version
2016v3.0
Gross Receipts
$609,128
Mission and Program Overview

Mission

To provide sports programs for youth to participate in while promoting cooperation and good sportsmanship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$196,644$238,842▲ $42,198
Rtn Earn Endowment Incm Other Fnds$98,684$107,467▲ $8,783
Pd in Cap Srpls Land Bldg Eqp Fund$89,370$89,370→ $0
Land, Buildings, and Equipment, Net$12,203$14,370▲ $2,167
Prepaid Expenses and Deferred Charges$3,413$12,307▲ $8,894
Total Assets$212,260$265,519▲ $53,259
Liabilities
Accounts Payable and Accrued Expenses$9,916$59,933▲ $50,017
Grants Payable$4,393$4,393→ $0
Mortgage Notes Payable Secured by Investment Property$9,897$4,356▼ $5,541
Total Liabilities$24,206$68,682▲ $44,476
Net Assets / Fund Balance
Total Net Assets Fund Balance$188,054$196,837▲ $8,783
Total Liabilities and Net Assets / Fund Balance$212,260$265,519▲ $53,259

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,370$94,593$108,963
Compensation and Service Providers

Board Members and Trustees

NameTitle
Erin SweeneyPresident
Justin NewtonVice President
Jeremy HelmsAdult Softball Commissioner
Michael ClementeBaseball Commissioner
John BrundageBasketball Commissioner
Courtney HeinzeCheerleading Commissioner
Hope MorrisConpetitive Soccer Commissioner
Jeff ZobelFacilities Commissioner
Justin AnthonyFlag Football Commissioner
Angela Delli ColleGirls Softball Commissioner
Amanda ThorntonRec Soccor Commissioner
Dan ThompsonSecretary
Todd DinchakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,871
Program Service Revenue
$581,242
Investment Income
$15
Other Revenue
$0
Change in Net Assets
$8,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$600,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$492,319$0$0$492,319
Office Expenses$0$30,855$0$30,855
Fees for Services Accounting$0$16,072$0$16,072
Occupancy$15,904$0$0$15,904
Insurance$9,712$0$0$9,712
Travel$8,124$0$0$8,124
Depreciation Depletion$4,428$0$0$4,428
Conferences and Meetings$2,576$0$0$2,576
Fees for Services Other$2,561$0$0$2,561
Advertising$1,993$0$0$1,993
Other Expenses$306$0$0$306
Total Functional Expenses$553,418$46,927$0$600,345
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Waxhaw Athletic Association
EIN
56-1540418
Phone
3178334133
Address
PO Box 441, Waxhaw, NC 28173

Signing Officer

Name
Todd Dinchak
Title
Treasurer
Phone
3178334133
Signed
2017-05-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Thompson
Formed
1980
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
350

Preparer

Firm
Davies Goldstein & Associates CPA's PLLC
Address
PO Box 156, Matthews, NC 28106
Preparer
Jeffrey Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

None

Form 990, Part III, Line 4D

Depreciation Expense, Utilities 4428. 0. 0.

Form 990, Part IX, Line 24E

Equipment 14423. 14423. 0. 0.

Form 990, Part IX, Line 24E

Equipment Rental 4315. 4315. 0. 0.

Form 990, Part IX, Line 24E

Facility 9751. 9751. 0. 0.

Form 990, Part IX, Line 24E

Registration 19512. 19512. 0. 0.

Form 990, Part IX, Line 24E

Printing 754. 754. 0. 0.

Form 990, Part IX, Line 24E

Referees 66352. 66352. 0. 0.

Form 990, Part IX, Line 24E

Repairs & Mait 57009. 57009. 0. 0.

Form 990, Part IX, Line 24E

Score Keepers 1040. 1040. 0. 0.

Form 990, Part IX, Line 24E

Supplies 5331. 5331. 0. 0.

Form 990, Part IX, Line 24E

Tournament Fees 23827. 23827. 0. 0.

Form 990, Part IX, Line 24E

Training 156286. 156286. 0. 0.

Form 990, Part IX, Line 24E

Trophies 12100. 12100. 0. 0.

Form 990, Part IX, Line 24E

Uniforms 119596. 119596. 0. 0.

Form 990, Part IX, Line 24E

Background checks 1423. 1423. 0. 0.

Form 990, Part IX, Line 24E

Dues & subscriptions 600. 600. 0. 0.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt022
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01916248
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0609114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0514594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0427067
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0365473
IRS990ScheduleA/Total509Grp/TotalAmt01916248
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01916270
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt014370
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094593
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108963
IRS990ScheduleD/TotalBookValueLandBuildingsAmt014370
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0None
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation Expense, Utilities 4428. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment 14423. 14423. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment Rental 4315. 4315. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Facility 9751. 9751. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Registration 19512. 19512. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Printing 754. 754. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Referees 66352. 66352. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Repairs & Mait 57009. 57009. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Score Keepers 1040. 1040. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Supplies 5331. 5331. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Tournament Fees 23827. 23827. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Training 156286. 156286. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Trophies 12100. 12100. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Uniforms 119596. 119596. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Background checks 1423. 1423. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Dues & subscriptions 600. 600. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0212260
IRS990/TotalAssetsEOYAmt0265519
IRS990/TotalAssetsGrp/BOYAmt0212260
IRS990/TotalAssetsGrp/EOYAmt0265519
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt027871
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0553418
IRS990/TotalFunctionalExpensesGrp/TotalAmt0600345
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt024206
IRS990/TotalLiabilitiesEOYAmt068682
IRS990/TotalLiabilitiesGrp/BOYAmt024206
IRS990/TotalLiabilitiesGrp/EOYAmt068682
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0188054
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0196837
IRS990/TotalOtherProgSrvcExpenseAmt04428
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0581242
IRS990/TotalProgramServiceExpensesAmt0553418
IRS990/TotalProgramServiceRevenueAmt0581242
IRS990/TotalRevenueGrp/ExclusionAmt015
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0581242
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0609128
IRS990/TotalVolunteersCnt0350
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0212260
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0265519
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt08124
IRS990/TravelGrp/TotalAmt08124
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 441
IRS990/USAddress/CityNm0Waxhaw
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028173
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD DINCHAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03178334133
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Waxhaw Athletic Association
ReturnHeader/Filer/BusinessNameControlTxt0WAXH
ReturnHeader/Filer/EIN0561540418
ReturnHeader/Filer/PhoneNum03178334133
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 441
ReturnHeader/Filer/USAddress/CityNm0Waxhaw
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028173
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EE18637D08F5311254A42021F7F05A27788FDAB1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EE18637D08F5311254A42021F7F05A27788FDAB1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.218.238.86
ReturnHeader/FilingSecurityInformation/IPDt02017-06-29

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.58$1.27$1.34$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.75$0.11$0.65$1.37$1.36$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.76$0.12$0.64$1.19$1.01$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.54$0.09$0.45$1.09$0.81$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.07$0.17$0.51$0.50$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.09$0.16$0.67$0.68$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.62$0.63$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.06$0.19$0.64$0.65$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.07$0.20$0.61$0.60$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.02$0.19$0.53$0.44$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.05$0.10$0.43$0.45$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.03$0.12$0.37$0.32$0.04
2012Summary only. Only limited summary data is available for this year.$0.09$0.01$0.08$0.33$0.30$0.04
2011Summary only. Only limited summary data is available for this year.$0.06$0.01$0.05$0.28$0.30$0.02