Sarasota Ski-A-Rees Inc

990EZ • Fiscal year 2019 • EIN 59-2418349

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 23, 2020

Organization Profile SARASOTASKIAREES.COM

PO Box 1493Sarasota, FL 34230

(941) 371-7481

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

-37%

Higher net margin than 10% 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

-14%

Faster asset growth than 25% of similar nonprofits.

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

-38%

Faster revenue growth than 14% of similar nonprofits.

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

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$127,172

Down $21,280 (-14%) from 2018

Net Assets

Down

$127,172

Down $21,280 (-14%) from 2018

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin10th percentile

Revenue

Down

$58,007

Down $35,579 (-38%) from 2018

Expenses

$79,287

Up $30,207 (+62%) from 2018

Net Income

Down

-$21,280

Down $65,786 (-148%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

Highlighted filing

2019

Assets$127,172

Liabilities-

Net Assets$127,172

Open 2019 Filing

Operations Trend

Revenue Growth14th percentile

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

Highlighted filing

2019

Revenue$58,007

Expenses$79,287

Net Income-$21,280

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: Oct 23, 2020
Return Version: 2019v5.0
Gross Receipts: $62,343

Mission and Program Overview

Mission

Promote the sport of water skiing through sponsoring charitable events, exhibitions, shows and tournaments; develop and maintain facilities; stimulate interest in water skiing among non-skiers; and to work for greater safety in water skiing.

Program Services

Description	Grants	Expenses
PROMOTION OF WATER SKIING AND WATER SKIING SAFETY EDUCATION.	-	$79,287

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
PATTY FOLEY	Vice Preside	-	$0	-	-
KAREN JOHNSTON	Treasurer	-	$0	-	-
LANCE ROBBINS	Director	-	$0	-	-
CHARLIE PANKOW	Director	-	$0	-	-
BRAD SATTERLEE	Presdient	-	$0	-	-
ROBERT HANNABASS	Secretary	-	$0	-	-
LAUREN PEREZ	Show Directo	-	$0	-	-
NICK LYMAN	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Sarasota Ski-a-rees Inc
EIN: 59-2418349
Phone: 9413717481
Address: PO BOX 1493, SARASOTA, FL 34230

Signing Officer

Name: Karen Johnston
Title: Treasurer
Phone: 9413717481
Signed: 2020-10-23
Discuss with paid preparer: Yes

Preparer

Firm: Timm & Timm Pa
Address: 7131 CURTISS AVE STE 4, SARASOTA, FL 34231-8002
Preparer: Douglas a Timm CPA
Phone: 9419512200

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising 2,097 insurance 8,556 supplies 10,937 dues & subs. 200 telephone & ans. Svc. 2,269 programs 8,611 taxes-corp annual report 50 non-investment depreciation 17,639 total 50,359”

Form 990-ez, Part II, Line 24

“164,066 174,546 less accumulated depreciation 53,824 71,463 total 110,242 103,083”

Form 990-ez, Part III

“Promote the sport of water skiing through sponsoring charitable events, exhibitions, shows and tournaments; develop and maintain facilities; stimulate interest in water skiing among non-skiers; and to work for greater safety in water skiing.”

Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	KAREN JOHNSTON
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9418090427
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	1602 KEN THOMPSON PKWY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	SARASOTA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	342368493
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	38210
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	24089
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	31127
IRS990EZ/CostOfGoodsSoldAmt	0	4336
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-21280
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	700
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	148452
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	127172
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	2834
IRS990EZ/GrossReceiptsAmt	0	62343
IRS990EZ/GrossSalesOfInventoryAmt	0	7170
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	12172
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	148452
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	127172
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	148452
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	127172
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	28136
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	4.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	7	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	PATTY FOLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KAREN JOHNSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	LANCE ROBBINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	CHARLIE PANKOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	BRAD SATTERLEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	ROBERT HANNABASS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	LAUREN PEREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	NICK LYMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	PRESDIENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	SHOW DIRECTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	110242
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	103083
IRS990EZ/OtherExpensesTotalAmt	0	50359
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROMOTE THE SPORT OF WATER SKIING THROUGH SPONSORING CHARITABLE EVENTS, EXHIBITIONS, SHOWS AND TOURNAMENTS; DEVELOP AND MAINTAIN FACILITIES; STIMULATE INTEREST IN WATER SKIING AMONG NON-SKIERS; AND TO WORK FOR GREATER SAFETY IN WATER SKIING.
IRS990EZ/PrintingPublicationsPostageAmt	0	92
IRS990EZ/ProgramServiceRevenueAmt	0	11874
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	PROMOTION OF WATER SKIING AND WATER SKIING SAFETY EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	79287
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	FL
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	79287
IRS990EZ/TotalProgramServiceExpensesAmt	0	79287
IRS990EZ/TotalRevenueAmt	0	58007
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	SARASOTASKIAREES.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	31127
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	70120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	27100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	120621
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	33964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	282932
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	103799
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	282932
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	31127
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	70120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	27100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	120621
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	33964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	282932
IRS990ScheduleA/TotalSupportAmt	0	282932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING 2,097 INSURANCE 8,556 SUPPLIES 10,937 DUES & SUBS. 200 TELEPHONE & ANS. SVC. 2,269 PROGRAMS 8,611 TAXES-CORP ANNUAL REPORT 50 NON-INVESTMENT DEPRECIATION 17,639 TOTAL 50,359
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	164,066 174,546 LESS ACCUMULATED DEPRECIATION 53,824 71,463 TOTAL 110,242 103,083
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	PROMOTE THE SPORT OF WATER SKIING THROUGH SPONSORING CHARITABLE EVENTS, EXHIBITIONS, SHOWS AND TOURNAMENTS; DEVELOP AND MAINTAIN FACILITIES; STIMULATE INTEREST IN WATER SKIING AMONG NON-SKIERS; AND TO WORK FOR GREATER SAFETY IN WATER SKIING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
ReturnHeader/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KAREN JOHNSTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9413717481
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-10-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SARASOTA SKI-A-REES INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SARA
ReturnHeader/Filer/EIN	0	592418349
ReturnHeader/Filer/PhoneNum	0	9413717481
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 1493
ReturnHeader/Filer/USAddress/CityNm	0	SARASOTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	FL
ReturnHeader/Filer/USAddress/ZIPCd	0	34230
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	B74273DAE6F41A389E15DCFEF30DD4BF3EAE85BA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	7F637184B9E3ACD5ABB19E683ED8E1AAE1143FBD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	52.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-10-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	09:08:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	900978976
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	TIMM & TIMM PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	7131 CURTISS AVE STE 4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	342318002
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9419512200
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	DOUGLAS A TIMM CPA
ReturnHeader/ReturnTs	0	2020-10-26T09:08:01-05:00
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: $127,172
Liabilities: -
Net assets: $127,172
Revenue: $58,007
Expenses: $79,287
Net income: -$21,280

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.12		$2.12	$0.99	$0.66	$0.33
2022Detailed filing. Detailed filing data is available for this year.	$1.57		$1.57	$0.92	$0.62	$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.26		$1.26	$0.60	$0.46	$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.13		$1.13	$0.47	$0.61	$0.14
2019Detailed filing. Detailed filing data is available for this year.	$1.27		$1.27	$0.58	$0.79	$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.48		$1.48	$0.94	$0.49	$0.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.04		$1.04	$0.61	$0.81	$0.20
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.24		$1.24	$1.54	$0.75	$0.79
2015Summary only. Only limited summary data is available for this year.	$0.45	$0.00		$0.74	$0.54	$0.20
2014Summary only. Only limited summary data is available for this year.	$0.25	$0.00		$0.38	$0.34	$0.04
2013Summary only. Only limited summary data is available for this year.	$0.21	$0.00		$0.34	$0.31	$0.03
2012Summary only. Only limited summary data is available for this year.	$0.18	$0.00		$0.35	$0.34	$0.01
2011Summary only. Only limited summary data is available for this year.	$0.17	$0.00		$0.24	$0.34	$0.09