Civic Intelligence

Cat 5 Aquatics Inc.

990 • Fiscal year 2013 • EIN 59-3582323

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

PO Box 15651Panama City, FL 32406

(850) 271-1726

Siviq Scores

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

Liabilities / Assets

1st percentile

-0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

1st percentile

-0.00x

Higher debt load relative to revenue than 1% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

43rd percentile

0.2%

Higher net margin than 43% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$82,830

Up $29,160 (+54%) from 2010

Net Assets

Up

$82,867

Up $29,197 (+54%) from 2010

Liabilities

Down

-$37

Down $37 from 2010

Revenue

$422,440

No earlier filing loaded for comparison.

Expenses

Up

$421,412

Up $185,651 (+79%) from 2010

Net Income

$1,028

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $53,670Liabilities 2010: $0Net Assets 2010: $53,6702010Assets 2013: $82,830Liabilities 2013: -$37Net Assets 2013: $82,8672013Assets 2014: $87,803Liabilities 2014: $0Net Assets 2014: $87,8032014Assets 2015: $105,157Liabilities 2015: $764Net Assets 2015: $104,3932015Assets 2016: $86,371Liabilities 2016: $590Net Assets 2016: $85,7812016Assets 2017: $74,076Liabilities 2017: $355Net Assets 2017: $73,7212017Assets 2018: $37,554Liabilities 2018: $0Net Assets 2018: $37,5542018Assets 2019: $58,131Liabilities 2019: $530Net Assets 2019: $57,6012019Assets 2020: $23,789Liabilities 2020: $39,967Net Assets 2020: -$16,1782020Assets 2021: $61,350Liabilities 2021: $40,669Net Assets 2021: $20,6812021Assets 2022: $47,007Liabilities 2022: $0Net Assets 2022: $47,0072022

Highlighted filing

2013

Assets$82,830
Liabilities-$37
Net Assets$82,867

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $235,7612010Revenue 2013: $422,440Expenses 2013: $421,412Net Income 2013: $1,0282013Revenue 2014: $423,817Expenses 2014: $418,881Net Income 2014: $4,9362014Revenue 2015: $425,084Expenses 2015: $408,494Net Income 2015: $16,5902015Revenue 2016: $446,851Expenses 2016: $465,463Net Income 2016: -$18,6122016Revenue 2017: $439,284Expenses 2017: $451,344Net Income 2017: -$12,0602017Revenue 2018: $395,058Expenses 2018: $431,225Net Income 2018: -$36,1672018Revenue 2019: $447,137Expenses 2019: $427,090Net Income 2019: $20,0472019Revenue 2020: $290,146Expenses 2020: $363,925Net Income 2020: -$73,7792020Revenue 2021: $434,648Expenses 2021: $397,789Net Income 2021: $36,8592021Revenue 2022: $387,553Expenses 2022: $361,227Net Income 2022: $26,3262022

Highlighted filing

2013

Revenue$422,440
Expenses$421,412
Net Income$1,028
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$423,902
Mission and Program Overview

Mission

To promote and support the growth of youth swimming in the panama city/bay county area; to provide opportunities for boys & girls, ages 5 to 18, to participate in organized swimming activities designed to achieve the goals such as: learn sportsmanship & leadership skills; learn to set individual goals in the context of swimming; provide opportunities for athletes to participate in competitive swimming; to educate participants, coaches and parents in competitive swimming.

To promote and support the growth of youth swimming in the panama city/bay county area

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$81,839$82,867▲ $1,028
Cash and Non-Interest-Bearing Accounts$77,456$78,098▲ $642
Land, Buildings, and Equipment, Net$5,158$4,732▼ $426
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$82,614$82,830▲ $216
Other Assets Total-$0-
Liabilities
Other Liabilities$775$-37▼ $812
Total Liabilities$775$-37▼ $812
Net Assets / Fund Balance
Total Net Assets Fund Balance$81,839$82,867▲ $1,028
Total Liabilities and Net Assets / Fund Balance$82,614$82,830▲ $216

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,364$6,070$9,434
Equipment$1,368$342$1,710
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brett TroiaPresident
Troy LindigVice President
AMY McQUIREDirector
Bill BradfordDirector
Kathy GelsleichterSecretary
Debby HoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,175
Program Service Revenue
$384,701
Investment Income
$5
Other Revenue
$24,559
All Other Contributions
$13,175
Change in Net Assets
$1,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$421,412
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$34,525--$34,525
Other Expenses$34,203--$34,203
Fees for Services Other$10,721--$10,721
Occupancy$2,400--$2,400
Depreciation Depletion$2,136--$2,136
Fees for Services Accounting$1,950--$1,950
Office Expenses$1,730--$1,730
Advertising$419--$419
Total Functional Expenses$421,412$0$0$421,412
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,021
Fundraising Direct Expenses$1,462
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$26,021$26,021$1,462$24,559
Total Events$26,021$26,021$1,462$24,559
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card$-37
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Tax return is reviewed at a board meeting. The board of directors approves and authorizes filing of the return.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
59-3582323
Phone
8502711726

Signing Officer

Name
Debby Hove
Title
Treasurer
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Preparer
Melissa Wilds
Phone
8507692371
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt024
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt029094
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt023657
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt023213
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014450
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0116435
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.92270
IRS990ScheduleA/PublicSupportPY509Pct00.91450
IRS990ScheduleA/PublicSupportTotal509Amt01390428
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0325695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0261338
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0212922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0192597
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0342
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01710
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03364
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0-37
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04732
IRS990ScheduleD/TotalLiabilityAmt0-37
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01462
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026021
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026021
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0SWIM MEETS
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01462
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01462
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN IS REVIEWED AT A BOARD MEETING. THE BOARD OF DIRECTORS APPROVES AND AUTHORIZES FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt082830
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IRS990/TotalContributionsAmt013175
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0421412
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0775
IRS990/TotalLiabilitiesEOYAmt0-37
IRS990/TotalLiabilitiesGrp/BOYAmt0775
IRS990/TotalLiabilitiesGrp/EOYAmt0-37
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt081839
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt082867
IRS990/TotalProgramServiceExpensesAmt0421412
IRS990/TotalProgramServiceRevenueAmt0384701
IRS990/TotalRevenueGrp/ExclusionAmt024564
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0384701
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0422440
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt082614
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt082830
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0PANAMACITYSWIMTEAM.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBY HOVE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10PANAMA CITY SWIM TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0PANA
ReturnHeader/Filer/EIN0593582323
ReturnHeader/Filer/PhoneNum08502711726

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