Civic Intelligence

Lakeside Aquatic Club

990 • Fiscal year 2012 • EIN 75-1835239

Sep 01, 2011 to Aug 31, 2012 • Filed on Apr 12, 2013

PO Box 27018975028
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

97th percentile

141%

Faster asset growth than 97% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$371,710

Up $217,721 (+141%) from 2011

Net Assets

Up

$371,710

Up $217,721 (+141%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$796,953

Up $128,364 (+19%) from 2011

Net Income

-

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.

$1.5M$1.0M$500K$0Assets 2010: $167,530Liabilities 2010: $0Net Assets 2010: $167,5302010Assets 2011: $153,989Liabilities 2011: $0Net Assets 2011: $153,9892011Assets 2012: $371,710Liabilities 2012: $0Net Assets 2012: $371,7102012Assets 2013: $548,805Liabilities 2013: $13,322Net Assets 2013: $535,4832013Assets 2014: $610,412Liabilities 2014: $47,887Net Assets 2014: $562,5252014Assets 2015: $568,935Liabilities 2015: $42,588Net Assets 2015: $526,3472015Assets 2016: $601,051Liabilities 2016: $64,910Net Assets 2016: $536,1412016Assets 2017: $741,977Liabilities 2017: $181,885Net Assets 2017: $560,0922017Assets 2018: $762,665Liabilities 2018: $104,338Net Assets 2018: $658,3272018Assets 2019: $768,558Liabilities 2019: $123,831Net Assets 2019: $644,7272019Assets 2020: $705,173Liabilities 2020: $326,821Net Assets 2020: $378,3522020Assets 2021: $969,209Liabilities 2021: $92,089Net Assets 2021: $877,1202021Assets 2022: $1,073,156Liabilities 2022: $93,038Net Assets 2022: $980,1182022Assets 2023: $853,769Liabilities 2023: $91,231Net Assets 2023: $762,5382023Assets 2024: $977,658Liabilities 2024: $99,829Net Assets 2024: $877,8292024Assets 2025: $908,775Liabilities 2025: $121,000Net Assets 2025: $787,7752025

Highlighted filing

2012

Assets$371,710
Liabilities$0
Net Assets$371,710

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $729,9842010Revenue 2011: $655,048Expenses 2011: $668,589Net Income 2011: -$13,5412011Expenses 2012: $796,9532012Revenue 2013: $1,190,057Expenses 2013: $1,002,054Net Income 2013: $188,0032013Revenue 2014: $1,121,872Expenses 2014: $1,094,830Net Income 2014: $27,0422014Revenue 2015: $1,356,673Expenses 2015: $1,392,851Net Income 2015: -$36,1782015Revenue 2016: $1,531,122Expenses 2016: $1,521,328Net Income 2016: $9,7942016Revenue 2017: $1,619,256Expenses 2017: $1,595,473Net Income 2017: $23,7832017Revenue 2018: $1,993,651Expenses 2018: $1,895,416Net Income 2018: $98,2352018Revenue 2019: $2,040,230Expenses 2019: $2,053,830Net Income 2019: -$13,6002019Revenue 2020: $1,565,476Expenses 2020: $1,831,851Net Income 2020: -$266,3752020Revenue 2021: $2,751,545Expenses 2021: $2,247,166Net Income 2021: $504,3792021Revenue 2022: $2,759,695Expenses 2022: $2,656,497Net Income 2022: $103,1982022Revenue 2023: $3,069,090Expenses 2023: $3,286,671Net Income 2023: -$217,5812023Revenue 2024: $3,844,468Expenses 2024: $3,729,177Net Income 2024: $115,2912024Revenue 2025: $4,172,374Expenses 2025: $4,262,646Net Income 2025: -$90,2722025

Highlighted filing

2012

Revenue-
Expenses$796,953
Net Income-
Jump To
Filing Snapshot
Filing Period
Sep 1, 2011 to Aug 31, 2012
Signed
Apr 12, 2013
Return Version
2011v1.2
Gross Receipts
$1,013,914
Mission and Program Overview

Mission

Provide structured youth swimming programs and training for approximately 900 athletes, primarily in the denton and tarrant county areas of north texas.

Major Activities

Activity 2
Hosted swim meets for Lakeside Aquatic Club members and other USA Swimming member clubs. These swim meets are an essential part of the youth swimmer's training and development program, and consistent with the organization's mission.
Filing and Contact Details

Filer

EIN
75-1835239
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IRS990ScheduleO/GeneralExplanation/Explanation0The By-Laws were amended to reduce the minimum required number of members for the governing Board from 9 members to 7 members. The definition of the Executive Board was modified to include the President, Vice President and Treasurer, a change from the previous definition which also included the Secretary. All changes were ratified by general vote of the membership in accordance with provisions of the By-Laws.
IRS990ScheduleO/GeneralExplanation/Explanation1Members of the governing body of the organization are elected by a vote of the membership.
IRS990ScheduleO/GeneralExplanation/Explanation2Each family participating in the organization is entitled to one vote toward the election of the governing body of the organization at each annual meeting. Board member terms are staggered for continuity of governance, with each member elected for a two year term. Interim appointments, as required, are made by the remaining members of the Board with input from a Nominating Committee comprised of organization membership.
IRS990ScheduleO/GeneralExplanation/Explanation3Form 990 is provided to the governing body, along with supporting documentation of transactions and reconciliation of cash amounts to bank statements, prior to filing of the document. Financial activities of the organization are made available and reviewed periodically by the Board at meetings open to the public, along with financial statements utilized to complete the Form 990 filing.
IRS990ScheduleO/GeneralExplanation/Explanation4All governing documents and financial statements of the organization are available to the public upon request. These documents are reviewed and approved by the governing body at periodically held public meetings.
IRS990ScheduleO/GeneralExplanation/Identifier0F990_P06_S0A_L04
IRS990ScheduleO/GeneralExplanation/Identifier1F990_P06_S0A_L06
IRS990ScheduleO/GeneralExplanation/Identifier2F990_P06_S0A_L07a
IRS990ScheduleO/GeneralExplanation/Identifier3F990_P06_S0B_L11b
IRS990ScheduleO/GeneralExplanation/Identifier4F990_P06_S0C_L19
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section A, Line 4
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Section C, Line 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0TX
IRS990/StatesWhereCopyOfReturnIsFiled0TX
IRS990/SubjectToProxyTax00
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBondLiabilities/BOY00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10PO Box 270189
IRS990/TheBooksAreInCareOf/AddressUS/City0Flower Mound
IRS990/TheBooksAreInCareOf/AddressUS/State0TX
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode075028
IRS990/TheBooksAreInCareOf/NamePerson0Shelly Sellers
IRS990/TheBooksAreInCareOf/TelephoneNumber02145898418
IRS990/TotalAssets/BOY0154749
IRS990/TotalAssetsBOY0154749
IRS990/TotalAssets/EOY0371710
IRS990/TotalAssetsEOY0371710

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.12$0.79$4.17$4.26$0.09
2024Summary only. Only limited summary data is available for this year.$0.98$0.10$0.88$3.84$3.73$0.12
2023Summary only. Only limited summary data is available for this year.$0.85$0.09$0.76$3.07$3.29$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.09$0.98$2.76$2.66$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.09$0.88$2.75$2.25$0.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.33$0.38$1.57$1.83$0.27
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.12$0.64$2.04$2.05$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.10$0.66$1.99$1.90$0.10
2017Summary only. Only limited summary data is available for this year.$0.74$0.18$0.56$1.62$1.60$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.06$0.54$1.53$1.52$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.04$0.53$1.36$1.39$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.05$0.56$1.12$1.09$0.03
2013Summary only. Only limited summary data is available for this year.$0.55$0.01$0.54$1.19$1.00$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.80
2011Summary only. Only limited summary data is available for this year.$0.15$0.00$0.15$0.66$0.67$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.73