Civic Intelligence

Lakeside Aquatic Club

990 • Fiscal year 2015 • EIN 75-1835239

Sep 01, 2014 to Aug 31, 2015 • Filed on Apr 13, 2016

PO Box 270189Flower Mound, TX 75028

(940) 725-0246

Siviq Scores

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

Liabilities / Assets

45th percentile

0.07x

Higher debt load relative to assets than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

32nd percentile

-2.7%

Higher net margin than 32% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

17th percentile

-6.8%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

77th percentile

21%

Faster revenue growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$568,935

Down $41,477 (-6.8%) from 2014

Net Assets

Down

$526,347

Down $36,178 (-6.4%) from 2014

Liabilities

Down

$42,588

Down $5,299 (-11%) from 2014

Revenue

Up

$1,356,673

Up $234,801 (+21%) from 2014

Expenses

Up

$1,392,851

Up $298,021 (+27%) from 2014

Net Income

Down

-$36,178

Down $63,220 (-234%) from 2014

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

2015

Assets$568,935
Liabilities$42,588
Net Assets$526,347

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

2015

Revenue$1,356,673
Expenses$1,392,851
Net Income-$36,178
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Apr 13, 2016
Return Version
2014v6.0
Gross Receipts
$1,356,673
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.

Provide structured youth swimming programs and training for approximately 800 athletes, primarily in the Denton and Tarrant County areas of North Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$562,525$526,347▼ $36,178
Savings and Temporary Cash Investments$137,104$322,471▲ $185,367
Cash and Non-Interest-Bearing Accounts$340,353$149,049▼ $191,304
Accounts Receivable$131,755$87,701▼ $44,054
Prepaid Expenses and Deferred Charges$1,200$9,714▲ $8,514
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-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$610,412$568,935▼ $41,477
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$47,887$42,588▼ $5,299
Total Liabilities$47,887$42,588▼ $5,299
Net Assets / Fund Balance
Total Net Assets Fund Balance$562,525$526,347▼ $36,178
Total Liabilities and Net Assets / Fund Balance$610,412$568,935▼ $41,477
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig ZettlePresident
Scott HansonVice President
Christy FeeheryDirector
Simon KentDirector
Tim LeonardDirector
Ammie HauckSecretary
Tory OhlhauserTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$136,499
Program Service Revenue
$1,136,446
Investment Income
$3,610
Other Revenue
$80,118
All Other Contributions
$3,500
Change in Net Assets
$-36,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$748,024
Other Expenses$644,827
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$681,035$0$0$681,035
Occupancy$363,750$0$0$363,750
Payroll Taxes$62,179$0$0$62,179
Travel$48,687$0$0$48,687
Office Expenses$0$42,235$0$42,235
Other Expenses$40,850$0$0$40,850
All Other Expenses$17,840$14,563-$32,403
Advertising$19,232$0$0$19,232
Conferences and Meetings$8,672$0$0$8,672
Information Technology$0$8,528$0$8,528
Insurance$8,042$0$0$8,042
Pension Plan Contributions$4,810$0$0$4,810
Total Functional Expenses$1,327,525$65,326$0$1,392,851
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swim a thon$31,845$31,845$0$31,845
Total Events$31,845$31,845$1,270$30,575
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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, Part VI, Section A, Line 6

Members of the governing body of the organization are elected by a vote of the membership

Form 990, Part VI, Section A, Line 7A

Each 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 2 year term. Interim appointments are made as required by the remaining members of the Board with the input from a nominating committee comprised of the organizations membership.

Form 990, Part VI, Section B, Line 11B

Form 990 is provided to the governing body prior to filing of the document. Financial activities of the organization and updates are made available and reviewed by the Board at meetings open to the public along with financial statements used to complete the Form 990 filing.

Form 990, Part VI, Section C, Line 19

All governing documents and financial statements of the organization are available to membership upon request. These documents are reviewed and approved by the governing body when required at quarterly board meetings.

Filing and Contact Details

Filer

Filer Name
Lakeside Aquatic Club
EIN
75-1835239
Phone
9407250246
Address
PO Box 270189, Flower Mound, TX 75028

Signing Officer

Name
Tory Ohlhauser
Title
Treasurer
Phone
2148687021
Signed
2016-04-13

Organization Details

Principal Officer
Craig Zettle
Formed
1982
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
43
Volunteers
500
Raw XML AppendixShowing 400 of 561 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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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0363750
IRS990/OccupancyGrp/TotalAmt0363750
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt042235
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt042235
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Hosted swim meets
IRS990/OtherExpensesGrp/Desc1Spirit wear
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt072428
IRS990/OtherExpensesGrp/ProgramServicesAmt140850
IRS990/OtherExpensesGrp/TotalAmt072428
IRS990/OtherExpensesGrp/TotalAmt140850
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Service fee revenue
IRS990/OtherRevenueMiscGrp/Desc1Spirit wear revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031152
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt148966
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031152
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt148966
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt080118
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0681035
IRS990/OtherSalariesAndWagesGrp/TotalAmt0681035
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt062179
IRS990/PayrollTaxesGrp/TotalAmt062179
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04810
IRS990/PensionPlanContributionsGrp/TotalAmt04810
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01200
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09714
IRS990/PrincipalOfficerNm0Craig Zettle
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711211
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Youth swimming & training
IRS990/ProgramServiceRevenueGrp/Desc1Hosted swim meets
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0997609
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1138837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0997609
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1138837
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Hosted 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.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0136658
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0138838
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0106864
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01514
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0455737
IRS990/PYOtherRevenueAmt017611
IRS990/PYProgramServiceRevenueAmt0995883
IRS990/PYRevenuesLessExpensesAmt027042
IRS990/PYSalariesCompEmpBnftPaidAmt0639093
IRS990/PYTotalExpensesAmt01094830
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01121872
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-36178
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0997609
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0137104
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0322471
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Service fee income collected to cover costs charged by transaction processing service provider
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0135409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0106864
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0138371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0148679
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0569877
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01099200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03610
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01514
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0282
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0340

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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