Civic Intelligence

Flashes Aquatics Inc.

990 • Fiscal year 2020 • EIN 56-2452897

Aug 01, 2019 to Jul 31, 2020 • Filed on Nov 23, 2020

Organization Profilewww.ftswimming.org
PO Box 39010Indianapolis, IN 46239

(317) 850-2032

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.07x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

76th percentile

27%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$900

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

79th percentile

49%

Faster asset growth than 79% of similar nonprofits.

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

Revenue Growth

73rd percentile

9.5%

Faster revenue growth than 73% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$174,577

Up $57,188 (+49%) from 2019

Net Assets

$160,245

No earlier filing loaded for comparison.

Liabilities

Up

$14,332

Up $8,687 (+154%) from 2019

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin76th percentile

Revenue

Up

$210,942

Up $18,254 (+9.5%) from 2019

Expenses

Down

$153,756

Down $17,182 (-10%) from 2019

Net Income

Up

$57,186

Up $35,436 (+163%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$200K$150K$100K$50K$0Assets 2015: $42,963Liabilities 2015: $4,9352015Assets 2016: $63,245Liabilities 2016: $14,8212016Assets 2017: $77,619Liabilities 2017: $7,6092017Assets 2018: $92,704Liabilities 2018: $2,7102018Assets 2019: $117,389Liabilities 2019: $5,6452019Assets 2020: $174,577Liabilities 2020: $14,332Net Assets 2020: $160,2452020Assets 2021: $187,692Liabilities 2021: $0Net Assets 2021: $187,6922021Assets 2022: $176,748Liabilities 2022: $0Net Assets 2022: $176,7482022Assets 2023: $199,715Liabilities 2023: $0Net Assets 2023: $199,7152023Assets 2024: $164,960Liabilities 2024: $0Net Assets 2024: $164,9602024

Highlighted filing

2020

Assets$174,577
Liabilities$14,332
Net Assets$160,245
Open 2020 Filing

Operations Trend

Revenue Growth73rd percentile

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

$400K$200K$0-$200KRevenue 2015: $100,734Expenses 2015: $93,590Net Income 2015: $7,1442015Revenue 2016: $117,413Expenses 2016: $107,017Net Income 2016: $10,3962016Revenue 2017: $133,004Expenses 2017: $116,948Net Income 2017: $16,0562017Revenue 2018: $142,778Expenses 2018: $120,084Net Income 2018: $22,6942018Revenue 2019: $192,688Expenses 2019: $170,938Net Income 2019: $21,7502019Revenue 2020: $210,942Expenses 2020: $153,756Net Income 2020: $57,1862020Revenue 2021: $234,292Expenses 2021: $228,166Net Income 2021: $6,1262021Revenue 2022: $269,717Expenses 2022: $280,661Net Income 2022: -$10,9442022Revenue 2023: $244,666Expenses 2023: $291,995Net Income 2023: -$47,3292023Revenue 2024: $322,024Expenses 2024: $356,779Net Income 2024: -$34,7552024

Highlighted filing

2020

Revenue$210,942
Expenses$153,756
Net Income$57,186
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Nov 23, 2020
Return Version
2019v5.1
Gross Receipts
$210,942
Mission and Program Overview

Mission

Flashes Aquatics is committed to developing athletes who achieve their highest potential technically, physically, and mentally while emphasizing strength in character, sportsmanship, and a life-long love of swimming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$111,744$160,245▲ $48,501
Savings and Temporary Cash Investments$103,405$135,817▲ $32,412
Cash and Non-Interest-Bearing Accounts$13,984$38,760▲ $24,776
Total Assets$117,389$174,577▲ $57,188
Liabilities
Accounts Payable and Accrued Expenses$5,645$14,332▲ $8,687
Total Liabilities$5,645$14,332▲ $8,687
Net Assets / Fund Balance
Total Net Assets Fund Balance$111,744$160,245▲ $48,501
Total Liabilities and Net Assets / Fund Balance$117,389$174,577▲ $57,188
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Trina McWilliamsPresidentPT$900$900
Jessica BoardmanTreasurerPT$900$900
Kristin HandTreasurerPT$900$900
Kim GraySecretary-$850$850
Lori MurrayVice President-$850$850
Revenue and Support

Revenue Composition

Contributions and Grants
$30,439
Program Service Revenue
$178,092
Investment Income
$2,411
Other Revenue
$0
All Other Contributions
$30,439
Change in Net Assets
$57,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,379
Other Expenses$31,400
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,416$0$0$91,416
Benefits to Members$21,977--$21,977
Insurance$12,176$0$0$12,176
Office Expenses$0$8,602$0$8,602
Payroll Taxes$7,963$0$0$7,963
Occupancy$0$7,055$0$7,055
Fees for Services Accounting$0$2,194$0$2,194
Grants to Domestic Individuals$1,000--$1,000
Fees for Services Legal$0$802$0$802
Conferences and Meetings$0$262$0$262
Travel$0$171$0$171
Advertising$0$138$0$138
Total Functional Expenses$134,532$19,224$0$153,756
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Flashes Aquatics Inc
EIN
56-2452897
Phone
3178502032
Address
PO Box 39010, Indianapolis, IN 46239

Signing Officer

Name
Kristin Hand
Title
Treasurer
Phone
3178502032
Signed
2020-11-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Hand
Formed
2003
Legal Domicile
In
Voting Board Members
4
Independent Board Members
4
Employees
37
Volunteers
25

Preparer

Firm
Florence Ball Teskey CPA
Address
931 E 86th St Suite 107, Indianapolis, IN 46240
Preparer
Florence Teskey
Phone
3175543334
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“One or more of the board members will review the return before filing.”

Raw XML Appendix346 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05645
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014332
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Flashes Aquatics is committed to developing athletes who achieve their highest potential technically, physically, and mentally while emphasizing strength in character, sportsmanship, and a life-long love of swimming.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0138
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt0138
IRS990/AllOtherContributionsAmt030439
IRS990/BenefitsToMembersGrp/ProgramServicesAmt021977
IRS990/BenefitsToMembersGrp/TotalAmt021977
IRS990/BooksInCareOfDetail/PersonNm0Kristin Hand
IRS990/BooksInCareOfDetail/PhoneNum03178502032
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010622 Crackling Dr
IRS990/BooksInCareOfDetail/USAddress/CityNm0Indianapolis
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046259
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt013984
IRS990/CashNonInterestBearingGrp/EOYAmt038760
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0262
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt00
IRS990/ConferencesMeetingsGrp/TotalAmt0262
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt021977
IRS990/CYContributionsGrantsAmt030439
IRS990/CYGrantsAndSimilarPaidAmt01000
IRS990/CYInvestmentIncomeAmt02411
IRS990/CYOtherExpensesAmt031400
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0178092
IRS990/CYRevenuesLessExpensesAmt057186
IRS990/CYSalariesCompEmpBnftPaidAmt099379
IRS990/CYTotalExpensesAmt0153756
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0210942
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Swim Club: There are 125 student athlete members in the club. They practice 3 to 6 days per week, year round. Each practice is 1 to 2 hours depending on the group level. Coaches and life guards are paid to support these practices. Equipment, supplies and insurance are aditional costs for the club.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt037
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0114603
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02194
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt02194
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0802
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt0802
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt07.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt44.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt0900
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1850
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2900
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3900
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4850
IRS990/Form990PartVIISectionAGrp/PersonNm0Trina McWilliams
IRS990/Form990PartVIISectionAGrp/PersonNm1Lori Murray
IRS990/Form990PartVIISectionAGrp/PersonNm2Jessica Boardman
IRS990/Form990PartVIISectionAGrp/PersonNm3Kristin Hand
IRS990/Form990PartVIISectionAGrp/PersonNm4Kim Gray
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0210942
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt012176
IRS990/InsuranceGrp/TotalAmt012176
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02411
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Flashes Aquatics is committed to developing athletes who achieve their highest potential technically, physically, and mentally while emphasizing strength in character, sportsmanship, and a life-long love of swimming.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0111744
IRS990/NetAssetsOrFundBalancesEOYAmt0160245
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07055
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt07055
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08602
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt08602
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091416
IRS990/OtherSalariesAndWagesGrp/TotalAmt091416
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07963
IRS990/PayrollTaxesGrp/TotalAmt07963
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Kristin Hand
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Swim Lessons: Lessons are offered 2 days per weekfor 30 to 45 minutes in April, May, June, September, October, November and December. We serve 300 children each year in the lesson program. The program teaches water safety first and stroke technique. The program develops swimmers for joing the swim club
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02224
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0Swim Meets: Club swimmers participate in meets 2 weekends per month for about 8 months out of the year. Swimmers meeting time standards set by IN swimming go on to swim at divisional and state meets. All 125 members are eligible to participate in the meets.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017705
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt012100
IRS990/PYContributionsGrantsAmt0702
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01740
IRS990/PYOtherExpensesAmt051835
IRS990/PYProgramServiceRevenueAmt0190246
IRS990/PYRevenuesLessExpensesAmt021760
IRS990/PYSalariesCompEmpBnftPaidAmt0106993
IRS990/PYTotalExpensesAmt0170928
IRS990/PYTotalRevenueAmt0192688
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt057186
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0111744
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0160245
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103405
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135817
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0208531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0190948
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0141063
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0132189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0118422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0791153
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02411
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01740
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0457
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05759
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02411
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05759
IRS990ScheduleA/InvestmentIncomeCYPct00.00720
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt0791153
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0208531
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0190948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0141063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0132189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0118422
IRS990ScheduleA/Total509Grp/TotalAmt0791153
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0796912
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0One or more of the board members will review the return before filing.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0117389
IRS990/TotalAssetsEOYAmt0174577
IRS990/TotalAssetsGrp/BOYAmt0117389
IRS990/TotalAssetsGrp/EOYAmt0174577
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030439
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019224
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0134532
IRS990/TotalFunctionalExpensesGrp/TotalAmt0153756
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05645
IRS990/TotalLiabilitiesEOYAmt014332
IRS990/TotalLiabilitiesGrp/BOYAmt05645
IRS990/TotalLiabilitiesGrp/EOYAmt014332
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0111744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0160245
IRS990/TotalOtherCompensationAmt04400
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0178092
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0134532
IRS990/TotalProgramServiceRevenueAmt0178092
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0180503
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0210942
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0117389
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0174577
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0171
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0171
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010622 Crackling Dr
IRS990/USAddress/CityNm0Indianapolis
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046259
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.ftswimming.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kristin Hand
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03178502032
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Flashes Aquatics Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLAS
ReturnHeader/Filer/EIN0562452897
ReturnHeader/Filer/PhoneNum03178502032
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 39010
ReturnHeader/Filer/USAddress/CityNm0Indianapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046239
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Florence Ball Teskey CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0931 E 86th St Suite 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Indianapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046240
ReturnHeader/PreparerPersonGrp/PhoneNum03175543334
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Florence Teskey
ReturnHeader/ReturnTs02021-03-12T11:56:54-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$174,577
Liabilities
$14,332
Net assets
$160,245
Revenue
$210,942
Expenses
$153,756
Net income
$57,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.00$1.65$3.22$3.57$0.35
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$2.45$2.92$0.47
2022Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$2.70$2.81$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$2.34$2.28$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.14$1.60$2.11$1.54$0.57
2019Summary only. Only limited summary data is available for this year.$1.17$0.06$1.93$1.71$0.22
2018Summary only. Only limited summary data is available for this year.$0.93$0.03$1.43$1.20$0.23
2017Summary only. Only limited summary data is available for this year.$0.78$0.08$1.33$1.17$0.16
2016Summary only. Only limited summary data is available for this year.$0.63$0.15$1.17$1.07$0.10
2015Summary only. Only limited summary data is available for this year.$0.43$0.05$1.01$0.94$0.07