Civic Intelligence

Thorobred Nautical Team Parent Association Inc

EIN 61-1332825 • 501(c)3 • Versailles, KY

Profile

Provide local youth with the opportunity to develop swimming skills and participate in amateur competitions at local, state, and national levels.

PO Box 22Versailles, KY 40383

tnt-swimming.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-2.2%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$17,884

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 27.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

19th percentile

-52%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

-12%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$1,325

Up $937 (+241%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$1,325

Up $937 (+241%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin40th percentile

Revenue

Down

$66,120

Down $1,641 (-2.4%) from 2022

Expenses

Down

$67,542

Down $737 (-1.1%) from 2022

Net Income

Down

-$1,422

Down $904 (-175%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

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

$1.5K$1.0K$500$0Assets 2020: $398Net Assets 2020: $3982020Assets 2022: $388Liabilities 2022: $0Net Assets 2022: $3882022Assets 2024: $1,325Liabilities 2024: $0Net Assets 2024: $1,3252024

Highlighted filing

2024

Assets$1,325
Liabilities$0
Net Assets$1,325
Open 2024 Filing

Operations Trend

Revenue Growth40th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2020: $53,892Expenses 2020: $54,026Net Income 2020: -$1342020Revenue 2022: $67,761Expenses 2022: $68,279Net Income 2022: -$5182022Revenue 2024: $66,120Expenses 2024: $67,542Net Income 2024: -$1,4222024

Highlighted filing

2024

Revenue$66,120
Expenses$67,542
Net Income-$1,422
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,325
Liabilities
$0
Net assets
$1,325
Revenue
$66,120
Expenses
$67,542
Net income
-$1,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$66.1$67.5$1.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.39$67.8$68.3$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.40$53.9$54.0$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$66,120
Mission and Program Overview

Mission

Provide local youth with the opportunity to develop swimming skills and participate in amateur competitions at local, state, and national levels.

Program Services

DescriptionGrantsExpenses
Provided local youth with the opportunity to develop swimming skills and participate in amateur competitions at local and state levels.$66,120$67,542
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marvin WatsonCoachFT$17,884-$17,884
Jeff ZinnerPresident-$0--
John HigdonVP-$0--
Grant SmithFinance Chair-$0--
Kendra WadswortSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Thorobred Nautical Team Parent Association Inc
EIN
61-1332825
Phone
8598738581
Address
PO Box 22, Versailles, KY 40383

Signing Officer

Name
Marvin Watson
Title
coach
Phone
8598738581
Signed
2025-05-08
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^bank charges;227|entry fees;8199|swim meet hosting expenses;1098|payroll taxes;5350|travel;3288|swim caps;390|website;242^Total;18794^”

Raw XML Appendix170 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Marvin Watson
IRS990EZ/BooksInCareOfDetail/PhoneNum08598738581
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 Elm Street Hts
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Versailles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd040383
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02747
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01325
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt01763
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1422
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02747
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01325
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt066120
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02747
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01325
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02747
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01325
IRS990EZ/OccupancyRentUtltsAndMaintAmt030312
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt417884
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jeff Zinner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1John Higdon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Grant Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Kendra Wadswort
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Marvin Watson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Finance Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4coach
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt018794
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Provide local youth with the opportunity to develop swimming skills and participate in amateur competitions at local, state, and national levels.
IRS990EZ/PrintingPublicationsPostageAmt0552
IRS990EZ/ProgramServiceRevenueAmt064357
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided local youth with the opportunity to develop swimming skills and participate in amateur competitions at local and state levels.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt066120
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt067542
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt017884
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt067542
IRS990EZ/TotalProgramServiceExpensesAmt067542
IRS990EZ/TotalRevenueAmt066120
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://tnt-swimming.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01763
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01689
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt019109
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt064357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt073284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt065619
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt059360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt045927
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0308547
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0327656
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074973
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt067761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt064910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053892
IRS990ScheduleA/Total509Grp/TotalAmt0327656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt066120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt067761
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt064910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053892
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0327656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^bank charges;227|entry fees;8199|swim meet hosting expenses;1098|payroll taxes;5350|travel;3288|swim caps;390|website;242^Total;18794^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Marvin Watson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0coach
ReturnHeader/BusinessOfficerGrp/PhoneNum08598738581
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THOROBRED NAUTICAL TEAM PARENT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0THOR
ReturnHeader/Filer/EIN0611332825
ReturnHeader/Filer/PhoneNum08598738581
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 22
ReturnHeader/Filer/USAddress/CityNm0Versailles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040383
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-08T12:15:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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