Delta Olympic Sailing Association

990EZ • Fiscal year 2019 • EIN 58-1861422

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

Organization Profile N/A

300 Board Of Trade Place Suite 100New Orleans, LA 70130

(504) 525-0208

Siviq Scores

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

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

0.33x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

-44%

Higher net margin than 9% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

-36%

Faster asset growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

0.0%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet

Liabilities / Assets87th percentile

Assets

Down

$69,567

Down $39,003 (-36%) from 2018

Net Assets

Down

$44,849

Down $32,806 (-42%) from 2018

Liabilities

Down

$24,718

Down $6,197 (-20%) from 2018

Revenue And Expenses

Liabilities / Revenue91st percentile Net Margin9th percentile

Revenue

Flat

$75,000

Flat from 2018

Expenses

$107,806

Up $46,092 (+75%) from 2018

Net Income

Down

-$32,806

Down $46,092 (-347%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

Highlighted filing

2019

Assets$69,567

Liabilities$24,718

Net Assets$44,849

Open 2019 Filing

Operations Trend

Revenue Growth48th percentile

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

Highlighted filing

2019

Revenue$75,000

Expenses$107,806

Net Income-$32,806

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Nov 4, 2020
Return Version: 2019v5.1
Gross Receipts: $75,000

Mission and Program Overview

Mission

Financial support of olympic sailors and olympic hopefuls

Program Services

Description	Grants	Expenses
DELTA OLYMPIC SAILING ASSOCIATION PROVIDES MONETARY SUPPORT TO PLYMPIC SAILORS AND OLYMPIC HOPEFULS	$0	$0

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JOHN LOVELL JR	President	-	$0	-	-
KEITH E ANDREWS	Director	-	$0	-	-
LUTHER CARPENTER	Director	-	$0	-	-
SHELBY FRIEDRICHS	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Delta Olympic Sailing Association
EIN: 58-1861422
Phone: 5045250208
Address: 300 BOARD OF TRADE PLACE SUITE 100, NEW ORLEANS, LA 70130

Signing Officer

Name: John Lovell
Title: President
Phone: 5045250208
Signed: 2020-11-04
Discuss with paid preparer: No

Preparer

Firm: Lovell & Company
Address: 300 Board of Trade Place, New Orleans, LA 70130
Phone: 5045250208

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: . Grantee Name: SOUTHERN SAILING FOUNDATION. Amount Given: 10000.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: INTEREST. Amount: 2074. Description: OFFICE EXPENSE. Amount: 3301. Description: JUNIOR SAILING COACHING AND TRAVEL. Amount: 24700. Description: MATROSS REPAIR AND MAINTENANCE. Amount: 62756. Description: INSURANCE. Amount: 2250. Total to Form 990-EZ, line 16: 95081.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: MATROSS C&C 48 SAILBOAT. Beg. of Year Amount: 40000. End of Year Amount: 40000.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: MORTGAGE ON C&C SAILBOAT. Beg. of Year Amount: 30915. End of Year Amount: 24718.”

Raw XML Appendix169 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5045250208
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	LOVELL CO CPAS
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NEW ORLEANS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	LA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	70130
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	68570
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	29567
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	75000
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-32806
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	2725
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	108570
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	69567
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	10000
IRS990EZ/GrossReceiptsAmt	0	75000
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	77655
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	44849
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	77655
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	44849
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JOHN LOVELL JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KEITH E ANDREWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	LUTHER CARPENTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	SHELBY FRIEDRICHS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	40000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	40000
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	95081
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	FINANCIAL SUPPORT OF OLYMPIC SAILORS AND OLYMPIC HOPEFULS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	DELTA OLYMPIC SAILING ASSOCIATION PROVIDES MONETARY SUPPORT TO PLYMPIC SAILORS AND OLYMPIC HOPEFULS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	LA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	30915
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	24718
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	107806
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	75000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	75000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	75000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	90000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	60000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	75000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	375000
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	375000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	75000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	75000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	90000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	60000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	75000
IRS990ScheduleA/Total509Grp/TotalAmt	0	375000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	75000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	75000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	90000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	60000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	75000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	375000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity Classification: . Grantee Name: SOUTHERN SAILING FOUNDATION. Amount Given: 10000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: INTEREST. Amount: 2074. Description: OFFICE EXPENSE. Amount: 3301. Description: JUNIOR SAILING COACHING AND TRAVEL. Amount: 24700. Description: MATROSS REPAIR AND MAINTENANCE. Amount: 62756. Description: INSURANCE. Amount: 2250. Total to Form 990-EZ, line 16: 95081.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: MATROSS C&C 48 SAILBOAT. Beg. of Year Amount: 40000. End of Year Amount: 40000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: MORTGAGE ON C&C SAILBOAT. Beg. of Year Amount: 30915. End of Year Amount: 24718.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	0
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JOHN LOVELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	5045250208
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	DELTA OLYMPIC SAILING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt	0	DELT
ReturnHeader/Filer/EIN	0	581861422
ReturnHeader/Filer/PhoneNum	0	5045250208
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	300 BOARD OF TRADE PLACE SUITE 100
ReturnHeader/Filer/USAddress/CityNm	0	NEW ORLEANS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	LA
ReturnHeader/Filer/USAddress/ZIPCd	0	70130
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	6007A50D4C9270A42F6AC03E81D5A9EF357A4995
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	72.205.200.152
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CS
ReturnHeader/FilingSecurityInformation/IPTm	0	10:26:34
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	720827405
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	LOVELL & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	300 Board of Trade Place
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	New Orleans
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	70130
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5045250208
ReturnHeader/ReturnTs	0	2020-11-13T11:27:51-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $69,567
Liabilities: $24,718
Net assets: $44,849
Revenue: $75,000
Expenses: $107,806
Net income: -$32,806

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.23	$0.00	$0.23	$0.00	$0.26	$0.26
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.49	$0.00	$0.49	$0.20	$0.50	$0.30
2022Detailed filing. Detailed filing data is available for this year.	$0.79	$0.00	$0.79	$0.25	$0.41	$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.06	$0.11	$0.95	$1.06	$0.76	$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.84	$0.18	$0.66	$0.81	$0.60	$0.21
2019Detailed filing. Detailed filing data is available for this year.	$0.70	$0.25	$0.45	$0.75	$1.08	$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.09	$0.31	$0.78	$0.75	$0.62	$0.13
2017Summary only. Only limited summary data is available for this year.	$1.01	$0.37		$0.90	$0.61	$0.29
2016Summary only. Only limited summary data is available for this year.	$0.81	$0.42		$0.60	$0.45	$0.15
2015Summary only. Only limited summary data is available for this year.	$0.70	$0.47		$0.92	$1.14	$0.22
2014Summary only. Only limited summary data is available for this year.	$0.96	$0.50		$1.62	$1.44	$0.19
2013Summary only. Only limited summary data is available for this year.	$0.82	$0.55	$0.27	$0.79	$0.45	$0.34
2012Summary only. Only limited summary data is available for this year.	$0.52	$0.59	$0.07	$0.81	$0.78	$0.03
2011Summary only. Only limited summary data is available for this year.	$0.53	$0.63	$0.10	$0.58	$0.97	$0.39
2010Summary only. Only limited summary data is available for this year.	$0.94	$0.65	$0.29	$0.24	$0.64	$0.40