Civic Intelligence

Aikido Academy of Denton

990 • Fiscal year 2016 • EIN 75-2743755

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

416 S Elm St Ste 102Denton, TX 76201

(805) 708-6155

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

58th percentile

6.8%

Higher net margin than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$22,680

No earlier filing loaded for comparison.

Net Assets

$22,434

No earlier filing loaded for comparison.

Liabilities

$246

No earlier filing loaded for comparison.

Revenue

$61,040

No earlier filing loaded for comparison.

Expenses

$56,862

No earlier filing loaded for comparison.

Net Income

$4,178

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.

$30K$20K$10K$0Assets 2016: $22,680Liabilities 2016: $246Net Assets 2016: $22,4342016Assets 2017: $12,918Liabilities 2017: $451Net Assets 2017: $12,4672017Assets 2018: $11,620Liabilities 2018: $522Net Assets 2018: $11,0982018Assets 2019: $4,163Liabilities 2019: $522Net Assets 2019: $3,6412019

Highlighted filing

2016

Assets$22,680
Liabilities$246
Net Assets$22,434

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $61,040Expenses 2016: $56,862Net Income 2016: $4,1782016Revenue 2017: $66,731Expenses 2017: $76,698Net Income 2017: -$9,9672017Revenue 2018: $70,473Expenses 2018: $71,342Net Income 2018: -$8692018Revenue 2019: $65,792Expenses 2019: $72,392Net Income 2019: -$6,6002019

Highlighted filing

2016

Revenue$61,040
Expenses$56,862
Net Income$4,178
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$61,040
Mission and Program Overview

Mission

To spread the teaching of aikido throughout the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$12,966$17,388▲ $4,422
Savings and Temporary Cash Investments$5,290$5,292▲ $2
Total Assets$18,256$22,680▲ $4,424
Liabilities
Other Liabilities-$246-
Total Liabilities$0$246▲ $246
Net Assets / Fund Balance
Unrestricted Net Assets$18,256$22,434▲ $4,178
Total Net Assets Fund Balance$18,256$22,434▲ $4,178
Total Liabilities and Net Assets / Fund Balance$18,256$22,680▲ $4,424
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sarah LoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$61,038
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$4,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,960
Salaries, Compensation, and Employee Benefits$11,902
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$28,964--$28,964
Other Salaries and Wages$11,056--$11,056
Conferences and Meetings$1,758--$1,758
Office Expenses-$1,291-$1,291
Insurance-$1,168-$1,168
All Other Expenses-$1,088-$1,088
Other Expenses$1,897$970-$970
Payroll Taxes$846--$846
Fees for Services Accounting-$650-$650
Total Functional Expenses$51,695$5,167$0$56,862
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$246
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Aikido Academy of Denton
EIN
75-2743755
Phone
8057086155
Address
416 S ELM ST STE 102, DENTON, TX 76201

Signing Officer

Name
Sarah Lowe
Title
Treasurer
Phone
8057086155
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Lowe
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
10

Preparer

Firm
Merki & Associates Pc
Address
1300 FULTON ST STE 301, DENTON, TX 76201
Preparer
Michael Foster
Phone
9403878930
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide martial arts training and education to all ages.

Raw XML Appendix247 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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ReturnHeader/TaxYr02016

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