Civic Intelligence

Waxhaw Athletic Association

990 • Fiscal year 2017 • EIN 56-1540418

Jan 01, 2017 to Dec 31, 2017 • Filed on Dec 04, 2018

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

74th percentile

0.24x

Higher debt load relative to assets than 74% of similar nonprofits.

2017 filings • NTEE N • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.09x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • NTEE N • $500k-$1M nonprofits • Source year 2017

Net Margin

31st percentile

-1.0%

Higher net margin than 31% of similar nonprofits.

2017 filings • NTEE N • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

70th percentile

$4,385

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2017 filings • NTEE N • $500k-$1M nonprofits • Source year 2017

Asset Growth

19th percentile

-6.0%

Faster asset growth than 19% of similar nonprofits.

2017 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

51st percentile

5.8%

Faster revenue growth than 51% of similar nonprofits.

2017 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$249,597

Down $15,922 (-6.0%) from 2016

Net Assets

Down

$190,489

Down $6,348 (-3.2%) from 2016

Liabilities

Down

$59,108

Down $9,574 (-14%) from 2016

Revenue

Up

$644,497

Up $35,369 (+5.8%) from 2016

Expenses

Up

$650,845

Up $50,500 (+8.4%) from 2016

Net Income

Down

-$6,348

Down $15,131 (-172%) from 2016

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

2017

Assets$249,597
Liabilities$59,108
Net Assets$190,489

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

2017

Revenue$644,497
Expenses$650,845
Net Income-$6,348
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Dec 4, 2018
Return Version
2017v2.2
Gross Receipts
$644,497
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$238,842$207,965▼ $30,877
Rtn Earn Endowment Incm Other Fnds$107,467$101,119▼ $6,348
Pd in Cap Srpls Land Bldg Eqp Fund$89,370$89,370→ $0
Prepaid Expenses and Deferred Charges$12,307$22,394▲ $10,087
Land, Buildings, and Equipment, Net$14,370$19,238▲ $4,868
Total Assets$265,519$249,597▼ $15,922
Liabilities
Accounts Payable and Accrued Expenses$59,933$59,108▼ $825
Grants Payable$4,393--
Mortgage Notes Payable Secured by Investment Property$4,356--
Total Liabilities$68,682$59,108▼ $9,574
Net Assets / Fund Balance
Total Net Assets Fund Balance$196,837$190,489▼ $6,348
Total Liabilities and Net Assets / Fund Balance$265,519$249,597▼ $15,922

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,265$98,698$108,963
Other Land Buildings$8,973$472$9,445
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy HelmsAdult Softball CommissionerPT$4,385$4,385

Board Members and Trustees

NameTitle
Todd DinchakPresident
Justin NewtonVice President
Jd DetwilerBaseball Commissioner
John BrundageBasketball Commissioner
Kellyn BargerCheer commissioner
Jeff ZobelFacilities Commissioner
Justin AnthonyFlag Football Commissioner
Angela Delli ColleGirls Softball Commissioner
Danny AllenSecretary
Amanda ThorntonSoccer commissioner-Rec
Dan ThompsonSoccer commissioner-Travel
Keri NelsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,551
Program Service Revenue
$601,931
Investment Income
$15
Other Revenue
$0
Change in Net Assets
$-6,348
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$650,845
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$372,489$0$0$372,489
Other Expenses$55,766$0$0$55,766
Office Expenses$0$31,307$0$31,307
Fees for Services Accounting$0$23,795$0$23,795
Occupancy$17,116$0$0$17,116
Insurance$9,050$0$0$9,050
Travel$6,959$0$0$6,959
Depreciation Depletion$4,577$0$0$4,577
Conferences and Meetings$3,322$0$0$3,322
Fees for Services Other$2,907$0$0$2,907
Advertising$2,060$0$0$2,060
Total Functional Expenses$595,743$55,102$0$650,845
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
2018-12-04
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 I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

None

Form 990, Part III, Line 4D

Depreciation Expense, Utilities 5012. 0. 0.

Form 990, Part IX, Line 24E

Equipment & facilities 35131. 35131. 0. 0.

Form 990, Part IX, Line 24E

Printing 772. 772. 0. 0.

Form 990, Part IX, Line 24E

Referees 52869. 52869. 0. 0.

Form 990, Part IX, Line 24E

Repairs & maintenance 97404. 97404. 0. 0.

Form 990, Part IX, Line 24E

Score Keepers 2472. 2472. 0. 0.

Form 990, Part IX, Line 24E

Supplies 8840. 8840. 0. 0.

Form 990, Part IX, Line 24E

Game scheduling 2800. 2800. 0. 0.

Form 990, Part IX, Line 24E

Training 49254. 49254. 0. 0.

Form 990, Part IX, Line 24E

Trophies 11515. 11515. 0. 0.

Form 990, Part IX, Line 24E

Uniforms 111432. 111432. 0. 0.

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022394
IRS990/PrincipalOfficerNm0DAN THOMPSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0DIAMOND SPORTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0181844
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0172575
IRS990/ProgSrvcAccomActy3Grp/Desc0COURT SPORTS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt066510
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt082180
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Depreciation Expense, Utilities
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt05012
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt027871
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0600345
IRS990/PYProgramServiceRevenueAmt0581242
IRS990/PYRevenuesLessExpensesAmt08783
IRS990/PYTotalExpensesAmt0600345
IRS990/PYTotalRevenueAmt0609128
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-6348
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0347176
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0107467
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0101119
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0644482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0609114
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0514594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0427067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0365473
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02560730
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt037
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02560730
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0644482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0609114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0514594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0427067
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0365473
IRS990ScheduleA/Total509Grp/TotalAmt02560730
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02560767
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt010265
IRS990ScheduleD/EquipmentGrp/DepreciationAmt098698
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0108963
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08973
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0472
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09445
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019238
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0None
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation Expense, Utilities 5012. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment & facilities 35131. 35131. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Printing 772. 772. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Referees 52869. 52869. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Repairs & maintenance 97404. 97404. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Score Keepers 2472. 2472. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Supplies 8840. 8840. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Game scheduling 2800. 2800. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Training 49254. 49254. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Trophies 11515. 11515. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Uniforms 111432. 111432. 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0265519
IRS990/TotalAssetsEOYAmt0249597
IRS990/TotalAssetsGrp/BOYAmt0265519
IRS990/TotalAssetsGrp/EOYAmt0249597
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt042551
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055102
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0595743
IRS990/TotalFunctionalExpensesGrp/TotalAmt0650845
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068682
IRS990/TotalLiabilitiesEOYAmt059108
IRS990/TotalLiabilitiesGrp/BOYAmt068682
IRS990/TotalLiabilitiesGrp/EOYAmt059108
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0196837
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0190489
IRS990/TotalOtherProgSrvcExpenseAmt05012
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0601931
IRS990/TotalProgramServiceExpensesAmt0595743
IRS990/TotalProgramServiceRevenueAmt0601931
IRS990/TotalReportableCompFromOrgAmt04385
IRS990/TotalRevenueGrp/ExclusionAmt015
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0601931
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0644497
IRS990/TotalVolunteersCnt0350
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0265519
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0249597
IRS990/TravelGrp/FundraisingAmt00

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