Civic Intelligence

Boating Trade Association Of

990 • Fiscal year 2019 • EIN 74-6043925

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 09, 2019

8909 Knight RoadHouston, TX 77054

(713) 526-6361

Siviq Scores

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

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

61st percentile

0.11x

Higher debt load relative to revenue than 61% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

3rd percentile

-38%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

31st percentile

-1.0%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

1.7%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$894,333

Down $9,267 (-1.0%) from 2018

Net Assets

Down

$887,516

Down $16,084 (-1.8%) from 2018

Liabilities

Up

$6,817

Up $6,817 from 2018

Revenue

Up

$62,519

Up $1,037 (+1.7%) from 2018

Expenses

Down

$86,096

Down $1,327 (-1.5%) from 2018

Net Income

Up

-$23,577

Up $2,364 (+9.1%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $1,740,434Liabilities 2016: $349,703Net Assets 2016: $1,390,7312016Assets 2017: $1,740,434Liabilities 2017: $349,703Net Assets 2017: $1,390,7312017Assets 2018: $903,600Liabilities 2018: $0Net Assets 2018: $903,6002018Assets 2019: $894,333Liabilities 2019: $6,817Net Assets 2019: $887,5162019Assets 2020: $882,428Liabilities 2020: $0Net Assets 2020: $882,4282020Assets 2021: $884,107Liabilities 2021: $2,760Net Assets 2021: $881,3472021Assets 2022: $905,801Liabilities 2022: $9,800Net Assets 2022: $896,0012022Assets 2023: $935,743Liabilities 2023: $8,381Net Assets 2023: $927,3622023Assets 2024: $971,705Liabilities 2024: $7,400Net Assets 2024: $964,3052024Assets 2025: $1,008,828Liabilities 2025: $7,825Net Assets 2025: $1,001,0032025

Highlighted filing

2019

Assets$894,333
Liabilities$6,817
Net Assets$887,516

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $10,309Expenses 2016: $9,761Net Income 2016: $5482016Revenue 2017: $10,309Expenses 2017: $9,761Net Income 2017: $5482017Revenue 2018: $61,482Expenses 2018: $87,423Net Income 2018: -$25,9412018Revenue 2019: $62,519Expenses 2019: $86,096Net Income 2019: -$23,5772019Revenue 2020: $69,615Expenses 2020: $74,703Net Income 2020: -$5,0882020Revenue 2021: $53,962Expenses 2021: $55,043Net Income 2021: -$1,0812021Revenue 2022: $58,079Expenses 2022: $38,840Net Income 2022: $19,2392022Revenue 2023: $73,018Expenses 2023: $41,596Net Income 2023: $31,4222023Revenue 2024: $81,705Expenses 2024: $44,762Net Income 2024: $36,9432024Revenue 2025: $80,566Expenses 2025: $43,868Net Income 2025: $36,6982025

Highlighted filing

2019

Revenue$62,519
Expenses$86,096
Net Income-$23,577
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 9, 2019
Return Version
2018v3.1
Gross Receipts
$62,519
Mission and Program Overview

Mission

TRADE ASSOCIATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$246,203$734,492▲ $488,289
Cash and Non-Interest-Bearing Accounts$637,691$127,801▼ $509,890
Prepaid Expenses and Deferred Charges$3,672$3,528▼ $144
Total Assets$903,600$894,333▼ $9,267
Other Assets Total$16,034$28,512▲ $12,478
Liabilities
Accounts Payable and Accrued Expenses-$6,817-
Total Liabilities$0$6,817▲ $6,817
Net Assets / Fund Balance
Unrestricted Net Assets$903,600$887,516▼ $16,084
Total Net Assets Fund Balance$903,600$887,516▼ $16,084
Total Liabilities and Net Assets / Fund Balance$903,600$894,333▼ $9,267
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian CummingsPresident
Brent EwaldDirector
Britton McclainDirector
Darryl HurstDirector
Dave DoncheczDirector
David HomerDirector
Rudy KleimannDirector
Lance ParksSecretary
Jonathan WhitmireTreasurer
Tommy NolanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$17,775
Program Service Revenue
$40,000
Investment Income
$4,000
Other Revenue
$744
Change in Net Assets
$-23,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,345
Revenue Not Reported on Financial Statements
$1,174
Revenue Not Reported on Form 990
$7,493
Other Revenue Adjustments
$1,174
Total Revenue per Audited Statements
$68,838
Total Revenue per Form 990
$62,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,096
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---$6,675
Other Expenses---$6,500
Conferences and Meetings---$2,946
Insurance---$2,492
Travel---$1,224
Office Expenses---$1,047
Total Functional Expenses$0$0$0$86,096

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$86,096
Expenses per Audited Statements$84,922
Total Expenses per Audited Statements$84,922
Expenses Not Reported on Financial Statements$1,174
Other Expense Adjustments$1,174
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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, Page 6, Part VI, Line 6

Organization is a membership organization composed of texas boat dealers

Form 990, Page 6, Part VI, Line 11B

Return is reviewed by officers prior to filing

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Boating Trade Association of
EIN
74-6043925
Phone
7135266361
Address
8909 KNIGHT ROAD, HOUSTON, TX 77054

Signing Officer

Name
Kenneth Lovell
Title
Executive Director
Phone
7135266361
Signed
2019-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth Lovell
Formed
1954
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Reimer Mcguinness & Associates Pc
Address
6610 MALIBU DR, HOUSTON, TX 77092
Preparer
Thomas Mcguinness CPA
Phone
7135903000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Reclassified expense -1,174 reclassified expenses 1,174

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Reclassified expense 1,174

Schedule D, Page 4, Part XII, Line 4B

Reclassified expenses 1,174

Raw XML Appendix374 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.

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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOUSTON INT'L IN-THE-WATER BOAT SHO
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IRS990/TravelGrp/TotalAmt01224
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH LOVELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07135266361
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOATING TRADE ASSOCIATION OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0METROPOLITAN HOUSTON INC
ReturnHeader/Filer/BusinessNameControlTxt0BOAT
ReturnHeader/Filer/EIN0746043925
ReturnHeader/Filer/PhoneNum07135266361
ReturnHeader/Filer/USAddress/AddressLine1Txt08909 KNIGHT ROAD
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId017F570B0C793A4508D0AC36F01BC47CF3A610900
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06BF1AD4510875C007176CB9F42EE360BA45F34EE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-01-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:21:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205548240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REIMER MCGUINNESS & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06610 MALIBU DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077092
ReturnHeader/PreparerPersonGrp/PhoneNum07135903000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-12-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS MCGUINNESS CPA
ReturnHeader/ReturnTs02020-01-23T16:21:36-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings

Peer Organizations

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