Civic Intelligence

International Masters Angling Tournament Inc

990EZ • Fiscal year 2020 • EIN 65-0447306

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileN/A
1400 Lafayette AveRocky Mount, NC 27803

(252) 305-3610

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

97th percentile

68%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

38%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

40th percentile

-22%

Faster revenue growth than 40% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$142,375

Up $67,956 (+91%) from 2018

Net Assets

Up

$142,375

Up $203,662 (+332%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin97th percentile

Revenue

Down

$82,141

Down $53,083 (-39%) from 2018

Expenses

Down

$26,236

Down $98,886 (-79%) from 2018

Net Income

Up

$55,905

Up $45,803 (+453%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$300K$200K$100K$0-$100KAssets 2010: $45,326Liabilities 2010: $25,600Net Assets 2010: $19,7262010Assets 2011: $41,014Liabilities 2011: $33,700Net Assets 2011: $7,3142011Assets 2012: $45,572Liabilities 2012: $27,285Net Assets 2012: $18,2872012Assets 2013: $161,331Liabilities 2013: $171,731Net Assets 2013: -$10,4002013Assets 2014: $64,367Liabilities 2014: $47,900Net Assets 2014: $16,4672014Assets 2015: $28,427Liabilities 2015: $21,150Net Assets 2015: $7,2772015Assets 2016: $153,220Liabilities 2016: $167,500Net Assets 2016: -$14,2802016Assets 2017: $99,125Liabilities 2017: $170,514Net Assets 2017: -$71,3892017Assets 2018: $74,419Liabilities 2018: $135,706Net Assets 2018: -$61,2872018Assets 2020: $142,375Net Assets 2020: $142,3752020Assets 2021: $192,128Liabilities 2021: $0Net Assets 2021: $192,1282021Assets 2022: $264,354Liabilities 2022: $0Net Assets 2022: $264,3542022Assets 2023: $224,104Liabilities 2023: $0Net Assets 2023: $224,1042023Assets 2024: $259,427Liabilities 2024: $8,000Net Assets 2024: $251,4272024

Highlighted filing

2020

Assets$142,375
Liabilities-
Net Assets$142,375
Open 2020 Filing

Operations Trend

Revenue Growth40th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $136,4922010Expenses 2011: $154,2022011Expenses 2012: $126,7272012Revenue 2013: $116,102Expenses 2013: $144,789Net Income 2013: -$28,6872013Revenue 2014: $178,750Expenses 2014: $151,883Net Income 2014: $26,8672014Revenue 2015: $151,666Expenses 2015: $160,856Net Income 2015: -$9,1902015Revenue 2016: $128,529Expenses 2016: $150,086Net Income 2016: -$21,5572016Revenue 2017: $209,899Expenses 2017: $267,008Net Income 2017: -$57,1092017Revenue 2018: $135,224Expenses 2018: $125,122Net Income 2018: $10,1022018Revenue 2020: $82,141Expenses 2020: $26,236Net Income 2020: $55,9052020Revenue 2021: $221,983Expenses 2021: $172,230Net Income 2021: $49,7532021Revenue 2022: $276,792Expenses 2022: $204,566Net Income 2022: $72,2262022Revenue 2023: $252,063Expenses 2023: $292,312Net Income 2023: -$40,2492023Revenue 2024: $296,687Expenses 2024: $269,364Net Income 2024: $27,3232024

Highlighted filing

2020

Revenue$82,141
Expenses$26,236
Net Income$55,905
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$82,141
Mission and Program Overview

Mission

Tournament for sailfish with qualified international anglers to determine the best angler in accordance with the tournament rules. No other significnant activities or functions of this organization

Tournament for sailfish with qualified international anglers to determined the best angler in accordance with the tournament rules. No other significant activities or functions of this organization

Program Services

DescriptionGrantsExpenses
TOURNAMENT FOR SAILFISH WITH QUALIFIED INTERNATIONAL ANGLERS TO DETERMINED THE BEST ANGLER IN ACCORDANCE WITH THE TOURNAMENT RULES. NO OTHER SIGNIFICANT ACTIVITIES OR FUNCTIONS OF THIS ORGANIZATION--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARMINE GALATIChairman-$0--
CHASE OFFIELDBoard Member-$0--
ERIC MCDOWELLBoard Member-$0--
ROCKY FRANICHBoard Member-$0--
LACHAM CHEATHAMBoard Member-$0--
DALE CREAMERBoard Member-$0--
SAM PETERBoard Member-$0--
PAT HEALEYBoard Member-$0--
KEITH BEATYSecretary-$0--
CHRIS LAZARRATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Masters International Angling
EIN
65-0447306
Address
1400 LAFAYETTE AVE, ROCKY MOUNT, NC 27803

Signing Officer

Name
Carmine Galati
Title
Chairman
Signed
2021-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Presley CPA Pa
Address
PO BOX 99030, RALEIGH, NC 27624
Preparer
Thomas Presley
Phone
9196658716
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses 450 281 1,125 731 gifts 1,254 apparel 891 ladies gifts 328 mastery 3,073 correspondence 109 tournament exp 230 trophies 5,434 taxes 61 total 13,967”

Form 990-ez, Part III

“Tournament for sailfish with qualified international anglers to determined the best angler in accordance with the tournament rules. No other significant activities or functions of this organization”

Raw XML Appendix134 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0CARMINE GALATI
CompensationExplanation/CompensationExplanationGrp/PersonNm1CHASE OFFIELD
CompensationExplanation/CompensationExplanationGrp/PersonNm2ERIC MCDOWELL
CompensationExplanation/CompensationExplanationGrp/PersonNm3ROCKY FRANICH
CompensationExplanation/CompensationExplanationGrp/PersonNm4LACHAM CHEATHAM
CompensationExplanation/CompensationExplanationGrp/PersonNm5DALE CREAMER
CompensationExplanation/CompensationExplanationGrp/PersonNm6SAM PETER
CompensationExplanation/CompensationExplanationGrp/PersonNm7PAT HEALEY
CompensationExplanation/CompensationExplanationGrp/PersonNm8KEITH BEATY
CompensationExplanation/CompensationExplanationGrp/PersonNm9CHRIS LAZARRA
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0HEATHER MAXWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum02523053610
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 LAFAYETTE AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKY MOUNT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt086470
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0142375
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt020275
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt055905
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt010000
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt086470
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0142375
IRS990EZ/GrossReceiptsAmt082141
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt04100
IRS990EZ/InvestmentIncomeAmt066
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt086470
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0142375
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt9000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARMINE GALATI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHASE OFFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC MCDOWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROCKY FRANICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LACHAM CHEATHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DALE CREAMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SAM PETER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PAT HEALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8KEITH BEATY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CHRIS LAZARRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013967
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TOURNAMENT FOR SAILFISH WITH QUALIFIED INTERNATIONAL ANGLERS TO DETERMINED THE BEST ANGLER IN ACCORDANCE WITH THE TOURNAMENT RULES. NO OTHER SIGNIFICANT ACTIVITIES OR FUNCTIONS OF THIS ORGANIZATION
IRS990EZ/PrintingPublicationsPostageAmt02269
IRS990EZ/ProgramServiceRevenueAmt061800
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TOURNAMENT FOR SAILFISH WITH QUALIFIED INTERNATIONAL ANGLERS TO DETERMINED THE BEST ANGLER IN ACCORDANCE WITH THE TOURNAMENT RULES. NO OTHER SIGNIFICANT ACTIVITIES OR FUNCTIONS OF THIS ORGANIZATION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt026236
IRS990EZ/TotalRevenueAmt082141
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 450 281 1,125 731 GIFTS 1,254 APPAREL 891 LADIES GIFTS 328 MASTERY 3,073 CORRESPONDENCE 109 TOURNAMENT EXP 230 TROPHIES 5,434 TAXES 61 TOTAL 13,967
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOURNAMENT FOR SAILFISH WITH QUALIFIED INTERNATIONAL ANGLERS TO DETERMINED THE BEST ANGLER IN ACCORDANCE WITH THE TOURNAMENT RULES. NO OTHER SIGNIFICANT ACTIVITIES OR FUNCTIONS OF THIS ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARMINE GALATI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERS INTERNATIONAL ANGLING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TOURNAMENT
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0650447306
ReturnHeader/Filer/USAddress/AddressLine1Txt01400 LAFAYETTE AVE
ReturnHeader/Filer/USAddress/CityNm0ROCKY MOUNT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0851609540
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRESLEY CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 99030
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027624
ReturnHeader/PreparerPersonGrp/PhoneNum09196658716
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS PRESLEY
ReturnHeader/ReturnTs02021-11-12T12:29:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CARMINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GALATI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,375
Liabilities
-
Net assets
$142,375
Revenue
$82,141
Expenses
$26,236
Net income
$55,905
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.59$0.08$2.51$2.97$2.69$0.27
2023Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$2.52$2.92$0.40
2022Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$2.77$2.05$0.72
2021Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$2.22$1.72$0.50
2020Detailed filing. Detailed filing data is available for this year.$1.42$1.42$0.82$0.26$0.56
2018Detailed filing. Detailed filing data is available for this year.$0.74$1.36$0.61$1.35$1.25$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.99$1.71$0.71$2.10$2.67$0.57
2016Detailed filing. Detailed filing data is available for this year.$1.53$1.68$0.14$1.29$1.50$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.28$0.21$0.07$1.52$1.61$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.48$0.16$1.79$1.52$0.27
2013Detailed filing. Detailed filing data is available for this year.$1.61$1.72$0.10$1.16$1.45$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.27$0.18$1.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.34$0.07$1.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.26$0.20$1.36