Civic Intelligence

Watauga County Swim Club Inc

EIN 58-1965146 • 501(c)3 • Boone, NC

Profile

SEE ATTACHMENT

PO Box 2506Boone, NC 28607

www.wataugaswimteam.com

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

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

NTEE N • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE N • <$500k nonprofits • Source year 2015

Net Margin

18th percentile

-10%

Higher net margin than 18% of similar nonprofits.

NTEE N • <$500k nonprofits • Source year 2015

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

NTEE N • <$500k nonprofits • Source year 2015

Asset Growth

4th percentile

-86%

Faster asset growth than 4% of similar nonprofits.

NTEE N • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

NTEE N • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$1,006

Down $6,385 (-86%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Down

$1,006

Down $6,385 (-86%) from 2014

Operations
Liabilities / Revenue73rd percentileNet Margin18th percentile

Revenue

Down

$40,372

Down $12,627 (-24%) from 2014

Expenses

Down

$44,481

Down $15,700 (-26%) from 2014

Net Income

Up

-$4,109

Up $3,073 (+43%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth4th percentile

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

$20K$15K$10K$5.0K$0Assets 2010: $7,525Liabilities 2010: $3,776Net Assets 2010: $3,7492010Assets 2011: $10,930Liabilities 2011: $3,244Net Assets 2011: $7,6862011Assets 2012: $19,729Liabilities 2012: $0Net Assets 2012: $19,7292012Assets 2013: $14,573Liabilities 2013: $0Net Assets 2013: $14,5732013Assets 2014: $7,391Liabilities 2014: $0Net Assets 2014: $7,3912014Assets 2015: $1,006Liabilities 2015: $0Net Assets 2015: $1,0062015

Highlighted filing

2015

Assets$1,006
Liabilities$0
Net Assets$1,006
Open 2015 Filing

Operations Trend

Revenue Growth20th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $72,172Expenses 2010: $71,155Net Income 2010: $1,0172010Revenue 2011: $60,436Expenses 2011: $56,499Net Income 2011: $3,9372011Revenue 2012: $64,500Expenses 2012: $47,565Net Income 2012: $16,9352012Revenue 2013: $52,930Expenses 2013: $58,086Net Income 2013: -$5,1562013Revenue 2014: $52,999Expenses 2014: $60,181Net Income 2014: -$7,1822014Revenue 2015: $40,372Expenses 2015: $44,481Net Income 2015: -$4,1092015

Highlighted filing

2015

Revenue$40,372
Expenses$44,481
Net Income-$4,109
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,006
Liabilities
$0
Net assets
$1,006
Revenue
$40,372
Expenses
$44,481
Net income
-$4,109
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$40.4$44.5$4.11
2014Detailed filing. Detailed filing data is available for this year.$7.39$0.00$7.39$53.0$60.2$7.18
2013Detailed filing. Detailed filing data is available for this year.$14.6$0.00$14.6$52.9$58.1$5.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$0.00$19.7$64.5$47.6$16.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$3.24$7.69$60.4$56.5$3.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$3.78$3.75$72.2$71.2$1.02
Latest Detailed Filing

The latest 2015 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 31, 2015
Return Version
2014v5.0
Gross Receipts
$52,999
Mission and Program Overview

Mission

SEE ATTACHMENT

Program Services

DescriptionGrantsExpenses
SEE ATTACHMENT--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HAL LESESNEVP-$0--
ERIN PATTERSONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Watauga County Swim Club Inc
EIN
58-1965146
Address
PO BOX 2506, BOONE, NC 28607

Signing Officer

Name
Joe Temple
Title
Treasurer
Phone
8287733428
Signed
2015-08-31
Discuss with paid preparer
Yes

Preparer

Firm
John B Barry CPA P A
Address
PO Box 329, Boone, NC 28607
Preparer
John B Barry
Phone
8282645500
Supplemental Narrative

Additional Explanations

General explanation attachment

“Form 990-ez, part iii - primary exempt purposeto promote swimming, encourage competition and membership's overall wellness in watauga and surrounding counties. Form 990-ez, part iii, line 28during 2014, the organization (wst) provided 60 to 70 small children, teenagers, and all ages in between an opportunity to swim competitively. We competed in approximately 24 meets this past year and performed exceptionally well for such a small team. We have approximately 10 state qualifiers, with several top 10 finishes in the state. Three swimmers qualified for sectionals (national qualifier) that were held in atlanta. Both the state meet and the sectional meet are based on fast swim times with the sectional meet consisting of swimmers from seven states.”

Description of other expenses Part I line 16

“Description amountnc swim registrations 2,675banquets 223professional fees 568travel 5,300po box rental 101swimathon 379meet fees/registrations 8,871apparel 2,031watauga county parks & rec fees 4,000cpr classes 107team software 1,099gifts to coaches 457triathlon expenses 1,134reimbursed expenses 15check printing 164bank service charges 54miscellaneous 44”

Raw XML Appendix128 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/BooksInCareOfDetail/PersonNm0DON WOOD
IRS990EZ/BooksInCareOfDetail/PhoneNum08287733428
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2506
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BOONE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028607
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014573
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07391
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt052999
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7182
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt014573
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07391
IRS990EZ/GrossReceiptsAmt052999
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt014573
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07391
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt014573
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07391
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HAL LESESNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIN PATTERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt027222
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE ATTACHMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SEE ATTACHMENT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt032959
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt060181
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt052999
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WATAUGASWIMTEAM.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt052930
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt064500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt060536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt071762
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0302727
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt03504
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03504
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0306231
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt052999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt052930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt064500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt060536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt075266
IRS990ScheduleA/Total509Grp/TotalAmt0306231
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt052999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt052930
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt064500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt060536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt075266
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0306231
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990-EZ, PART III - PRIMARY EXEMPT PURPOSETO PROMOTE SWIMMING, ENCOURAGE COMPETITION AND MEMBERSHIP'S OVERALL WELLNESS IN WATAUGA AND SURROUNDING COUNTIES. FORM 990-EZ, PART III, LINE 28DURING 2014, THE ORGANIZATION (WST) PROVIDED 60 TO 70 SMALL CHILDREN, TEENAGERS, AND ALL AGES IN BETWEEN AN OPPORTUNITY TO SWIM COMPETITIVELY. WE COMPETED IN APPROXIMATELY 24 MEETS THIS PAST YEAR AND PERFORMED EXCEPTIONALLY WELL FOR SUCH A SMALL TEAM. WE HAVE APPROXIMATELY 10 STATE QUALIFIERS, WITH SEVERAL TOP 10 FINISHES IN THE STATE. THREE SWIMMERS QUALIFIED FOR SECTIONALS (NATIONAL QUALIFIER) THAT WERE HELD IN ATLANTA. BOTH THE STATE MEET AND THE SECTIONAL MEET ARE BASED ON FAST SWIM TIMES WITH THE SECTIONAL MEET CONSISTING OF SWIMMERS FROM SEVEN STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTNC SWIM REGISTRATIONS 2,675BANQUETS 223PROFESSIONAL FEES 568TRAVEL 5,300PO BOX RENTAL 101SWIMATHON 379MEET FEES/REGISTRATIONS 8,871APPAREL 2,031WATAUGA COUNTY PARKS & REC FEES 4,000CPR CLASSES 107TEAM SOFTWARE 1,099GIFTS TO COACHES 457TRIATHLON EXPENSES 1,134REIMBURSED EXPENSES 15CHECK PRINTING 164BANK SERVICE CHARGES 54MISCELLANEOUS 44
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOE TEMPLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08287733428
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATAUGA COUNTY SWIM CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0WATA
ReturnHeader/Filer/EIN0581965146
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2506
ReturnHeader/Filer/USAddress/CityNm0BOONE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028607
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561900247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John B Barry CPA P A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 329
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boone
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028607
ReturnHeader/PreparerPersonGrp/PhoneNum08282645500
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John B Barry
ReturnHeader/ReturnTs02015-08-31T16:07:32-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits