Civic Intelligence

Rhythm Womens Skydiving Leadership Foundation Inc

990 • Fiscal year 2020 • EIN 81-1450568

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 22, 2021

Organization Profile
638 Carnival TerraceSebastian, FL 32958

(717) 495-4610

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

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

2020 filings • NTEE N50 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

61st percentile

0.00x

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

2020 filings • NTEE N50 • <$500k nonprofits • Source year 2020

Net Margin

12th percentile

-84%

Higher net margin than 12% of similar nonprofits.

2020 filings • NTEE N50 • <$500k nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2020 filings • NTEE N50 • <$500k nonprofits • Source year 2020

Asset Growth

50th percentile

-0.7%

Faster asset growth than 50% of similar nonprofits.

2020 filings • NTEE N50 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • NTEE N50 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$283,823

Down $2,062 (-0.7%) from 2019

Net Assets

Down

$283,823

Down $2,062 (-0.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin12th percentile

Revenue

Down

$2,457

Down $329,543 (-99%) from 2019

Expenses

Down

$4,519

Down $50,155 (-92%) from 2019

Net Income

Down

-$2,062

Down $279,388 (-101%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$300K$200K$100K$0Assets 2019: $285,885Liabilities 2019: $0Net Assets 2019: $285,8852019Assets 2020: $283,823Liabilities 2020: $0Net Assets 2020: $283,8232020Assets 2021: $271,165Liabilities 2021: $0Net Assets 2021: $271,1652021Assets 2022: $34,772Liabilities 2022: $0Net Assets 2022: $34,7722022Assets 2023: $103,189Liabilities 2023: $0Net Assets 2023: $103,1892023Assets 2024: $30,217Liabilities 2024: $0Net Assets 2024: $30,2172024

Highlighted filing

2020

Assets$283,823
Liabilities$0
Net Assets$283,823
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

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

$500K$0-$500KRevenue 2019: $332,000Expenses 2019: $54,674Net Income 2019: $277,3262019Revenue 2020: $2,457Expenses 2020: $4,519Net Income 2020: -$2,0622020Revenue 2021: $15,200Expenses 2021: $27,858Net Income 2021: -$12,6582021Revenue 2022: $134,283Expenses 2022: $476,934Net Income 2022: -$342,6512022Revenue 2023: $295,065Expenses 2023: $226,648Net Income 2023: $68,4172023Revenue 2024: $105,005Expenses 2024: $177,977Net Income 2024: -$72,9722024

Highlighted filing

2020

Revenue$2,457
Expenses$4,519
Net Income-$2,062
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 22, 2021
Return Version
2020v4.0
Gross Receipts
$2,457
Mission and Program Overview

Mission

Amazing women perform at the top levels of skydiving in all disciplines. However, our numbers are small: only 13% of USPA members are women, and only 10.9% of new A-licenses in 2015 were issued to women. We believe that having more women instructors, role models, and mentors at dropzones around the country is critical to raising the number of women in our sport. To make this happen, the Women's Skydiving Network provides women with opportunities for training, networking, and fellowship throughout their skydiving careers. The WSN was started by Christy Frikken and JaNette Lefkowitz in 2016. Since then, we have grown to become a network of over 3,000 women. Our members come from all over the world and include women of all experience levels, from students to World Champions. We want all women who jump to know that they are welcome in the WSN. We invite all jumpers to work with us to achieve our goal of promoting women in skydiving.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$285,885$283,823▼ $2,062
Savings and Temporary Cash Investments$275,000$275,084▲ $84
Cash and Non-Interest-Bearing Accounts$10,885$8,739▼ $2,146
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$285,885$283,823▼ $2,062
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$285,885$283,823▼ $2,062
Total Liabilities and Net Assets / Fund Balance$285,885$283,823▼ $2,062
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
JaNette LefkowitzPresident
Kathy Lynn MackisonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,373
Program Service Revenue
$0
Investment Income
$84
Other Revenue
$0
All Other Contributions
$2,373
Change in Net Assets
$-2,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,751
Other Expenses$768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$3,751--$3,751
Advertising$698--$698
All Other Expenses$70--$70
Total Functional Expenses$4,519$0$0$4,519
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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, Part VI, Section B, Line 11B

“shared with officers”

Form 990, Part VI, Section C, Line 19

“Copies provided to officers electronically”

Filing and Contact Details

Filer

Filer Name
Rhythm Womens Skydiving Leadership Foundation Inc
EIN
81-1450568
Phone
7174954610
Address
638 Carnival Terrace, Sebastian, FL 32958

Signing Officer

Name
Kathy Mackison
Title
Treasurer
Phone
7174954610
Signed
2021-03-22

Organization Details

Principal Officer
JaNette Lefkowitz
Formed
2016
Legal Domicile
Fl
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
3
Raw XML Appendix296 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/ActivityOrMissionDesc0Amazing women perform at the top levels of skydiving in all disciplines. However, our numbers are small: only 13% of USPA members are women, and only 10.9% of new A-licenses in 2015 were issued to women. We believe that having more women instructors, role models, and mentors at dropzones around the country is critical to raising the number of women in our sport. To make this happen, the Women's Skydiving Network provides women with opportunities for training, networking, and fellowship throughout their skydiving careers. The WSN was started by Christy Frikken and JaNette Lefkowitz in 2016. Since then, we have grown to become a network of over 3,000 women. Our members come from all over the world and include women of all experience levels, from students to World Champions. We want all women who jump to know that they are welcome in the WSN. We invite all jumpers to work with us to achieve our goal of promoting women in skydiving.
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IRS990/Desc0Project19. In 1920, women in the US were guaranteed the right to vote following the ratification of Amendment 19 to the US Constitution. Countless women risked everything to encourage and influence the women's suffrage movement. Through the sport of skydiving our community will celebrate and honor these courageous women by bravely showing the world what we do. Welcome to Project19. The Women's Skydiving Network will fully sponsor attempts to build a 100-way Women's Vertical World Record. The WSN will cover the costs of participant registration, record jumps, and support team jumps. This is the first time in history that a 100-way world record attempt will be fully sponsored. The vertical world record attempt was originally scheduled for July 4 to 11, 2020 at Skydive Chicago in Ottawa, IL. It was delayed due to Covid 19 and will take place after the Covid restrictions are lifted. Many will be coming from overseas and so the international travel has to be cleared for 6 months before it will be scheduled. For now, the money will sit in an interest bearing CD awaiting the event to take place.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES PROVIDED TO OFFICERS ELECTRONICALLY
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-22
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ReturnHeader/ReturnTs02021-03-22T11:10:02-07:00
ReturnHeader/ReturnTypeCd0990
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$283,823
Liabilities
$0
Net assets
$283,823
Revenue
$2,457
Expenses
$4,519
Net income
-$2,062
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$1.05$1.78$0.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.03$2.95$2.27$0.68
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$1.34$4.77$3.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.00$2.71$0.15$0.28$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.02$0.05$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.00$2.86$3.32$0.55$2.77