Civic Intelligence

Magic Valley Marlins Swim Team Inc.

990EZ • Fiscal year 2020 • EIN 82-0450902

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 15, 2021

Organization ProfileN/A
PO Box 2523Twin Falls, ID 83303

(208) 404-1693

Siviq Scores

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

Liabilities / Assets

71st percentile

0.06x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.04x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-14%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

20th percentile

-18%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-42%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Flat

$31,473

Flat from 2020

Net Assets

$29,651

No earlier filing loaded for comparison.

Liabilities

Flat

$1,822

Flat from 2020

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin25th percentile

Revenue

Flat

$47,300

Flat from 2020

Expenses

Flat

$54,091

Flat from 2020

Net Income

Flat

-$6,791

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$60K$40K$20K$0Assets 2011: $47,988Liabilities 2011: $02011Assets 2019: $38,491Liabilities 2019: $2,049Net Assets 2019: $36,4422019Assets 2020: $31,473Liabilities 2020: $1,822Net Assets 2020: $29,6512020Assets 2020: $31,473Liabilities 2020: $1,8222020Assets 2021: $34,195Liabilities 2021: $1,561Net Assets 2021: $32,6342021Assets 2022: $34,147Liabilities 2022: $1,853Net Assets 2022: $32,2942022Assets 2023: $17,958Liabilities 2023: $1,7932023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$31,473
Liabilities$1,822
Net Assets$29,651
Open 2020 Filing

Operations Trend

Revenue Growth27th percentile

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

$100K$50K$0-$50KRevenue 2011: $43,660Expenses 2011: $44,840Net Income 2011: -$1,1802011Revenue 2019: $81,481Expenses 2019: $92,044Net Income 2019: -$10,5632019Revenue 2020: $47,300Expenses 2020: $54,091Net Income 2020: -$6,7912020Revenue 2020: $47,300Expenses 2020: $54,091Net Income 2020: -$6,7912020Revenue 2021: $93,991Expenses 2021: $91,008Net Income 2021: $2,9832021Revenue 2022: $89,569Expenses 2022: $89,913Net Income 2022: -$3442022Revenue 2023: $77,401Expenses 2023: $93,531Net Income 2023: -$16,1302023Revenue 2024: $83,102Expenses 2024: $71,103Net Income 2024: $11,9992024

Highlighted filing

2020

Revenue$47,300
Expenses$54,091
Net Income-$6,791
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 15, 2021
Return Version
2020v4.0
Gross Receipts
$47,300
Mission and Program Overview

Mission

Operation of a swim team for the youth of the magic valley. The swim team is open to the public and is exclusively for educational, competitive and recreational purposes.

Program Services

DescriptionGrantsExpenses
SWIM MEETS-$52,033
PROVIDE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS TO ENCOURAGE CONTINUATION OF SWIMMING-RELATED PURSUITS IN COLLEGE.$1,500$1,500
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIFFANY SEELEY-CASECo-President-$0--
DESLAND CASECo-President-$0--
ERICA CAMERONVice Preside-$0--
DWAYNE SOUZATreasurer-$0--
MICHELLE LARSONSecretary-$0--
JENNIFER CLUFFTeam Adminis-$0--
SANDY PITTOCKMeet Directo-$0--
GINA LARSENHospitality-$0--
STEPHANIE DALRYMPLESafe Sport D-$0--
Filing and Contact Details

Filer

Filer Name
Magic Valley Marlins Swim Team Inc
EIN
82-0450902
Phone
2084041693
Address
PO BOX 2523, TWIN FALLS, ID 83303

Signing Officer

Name
Dwayne Souza
Title
Treasurer
Phone
2084041693
Signed
2021-12-15
Discuss with paid preparer
Yes

Preparer

Firm
Stevens Pierce & Associates
Address
331 MAIN AVE E, TWIN FALLS, ID 83301
Preparer
Jeremy L Gooding CPA
Phone
2087348662
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses travel 1,195 mileage reimb 974 conference, convention, meeti 50 insurance 244 awards 146 bank & merchant fees 70 coach & volunteer favors 143 dues & subscriptions 1,208 registrations 7,612 supplies 118 swim meets 2,706 total 14,466”

Form 990-ez, Part II, Line 26

“Payroll liabilities 2,049 1,822”

Form 990-ez, Part III

“Operation of a swim team for the youth of the magic valley. The swim team is open to the public and is exclusively for educational, competitive and recreational purposes.”

Raw XML Appendix168 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.

Path#Value
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CompensationExplanation/CompensationExplanationGrp/PersonNm1DESLAND CASE
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CompensationExplanation/CompensationExplanationGrp/PersonNm3DWAYNE SOUZA
CompensationExplanation/CompensationExplanationGrp/PersonNm4MICHELLE LARSON
CompensationExplanation/CompensationExplanationGrp/PersonNm5JENNIFER CLUFF
CompensationExplanation/CompensationExplanationGrp/PersonNm6SANDY PITTOCK
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IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DWAYNE SOUZA
IRS990EZ/BooksInCareOfDetail/PhoneNum02087361607
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TWIN FALLS
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IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6791
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0558
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIFFANY SEELEY-CASE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DESLAND CASE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERICA CAMERON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DWAYNE SOUZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHELLE LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JENNIFER CLUFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SANDY PITTOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GINA LARSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STEPHANIE DALRYMPLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TEAM ADMINIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEET DIRECTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7HOSPITALITY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SAFE SPORT D
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt014466
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATION OF A SWIM TEAM FOR THE YOUTH OF THE MAGIC VALLEY. THE SWIM TEAM IS OPEN TO THE PUBLIC AND IS EXCLUSIVELY FOR EDUCATIONAL, COMPETITIVE AND RECREATIONAL PURPOSES.
IRS990EZ/PrintingPublicationsPostageAmt080
IRS990EZ/ProgramServiceRevenueAmt03555
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SWIM MEETS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE SCHOLARSHIPS TO GRADUATING HIGH SCHOOL SENIORS TO ENCOURAGE CONTINUATION OF SWIMMING-RELATED PURSUITS IN COLLEGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt052033
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034881
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialConditionDesc0COVID19
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt054091
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt043687
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06626
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050313
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03613
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt081481
IRS990ScheduleA/Total509Grp/TotalAmt0128781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt081481
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0128781
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL 1,195 MILEAGE REIMB 974 CONFERENCE, CONVENTION, MEETI 50 INSURANCE 244 AWARDS 146 BANK & MERCHANT FEES 70 COACH & VOLUNTEER FAVORS 143 DUES & SUBSCRIPTIONS 1,208 REGISTRATIONS 7,612 SUPPLIES 118 SWIM MEETS 2,706 TOTAL 14,466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYROLL LIABILITIES 2,049 1,822
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OPERATION OF A SWIM TEAM FOR THE YOUTH OF THE MAGIC VALLEY. THE SWIM TEAM IS OPEN TO THE PUBLIC AND IS EXCLUSIVELY FOR EDUCATIONAL, COMPETITIVE AND RECREATIONAL PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DWAYNE SOUZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02084041693
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAGIC VALLEY MARLINS SWIM TEAM INC
ReturnHeader/Filer/BusinessNameControlTxt0MAGI
ReturnHeader/Filer/EIN0820450902
ReturnHeader/Filer/PhoneNum02084041693
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2523
ReturnHeader/Filer/USAddress/CityNm0TWIN FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083303
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464013046
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVENS PIERCE & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0331 MAIN AVE E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TWIN FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd083301
ReturnHeader/PreparerPersonGrp/PhoneNum02087348662
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY L GOODING CPA
ReturnHeader/ReturnTs02021-12-13T16:58:58-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DWAYNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SOUZA
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 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,473
Liabilities
$1,822
Net assets
$29,651
Revenue
$47,300
Expenses
$54,091
Net income
-$6,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$83.1$71.1$12.0
2023Summary only. Only limited summary data is available for this year.$18.0$1.79$77.4$93.5$16.1
2022Detailed filing. Detailed filing data is available for this year.$34.1$1.85$32.3$89.6$89.9$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.2$1.56$32.6$94.0$91.0$2.98
2020Detailed filing. Detailed filing data is available for this year.$31.5$1.82$29.7$47.3$54.1$6.79
2020Summary only. Only limited summary data is available for this year.$31.5$1.82$47.3$54.1$6.79
2019Detailed filing. Detailed filing data is available for this year.$38.5$2.05$36.4$81.5$92.0$10.6
2011Summary only. Only limited summary data is available for this year.$48.0$0.00$43.7$44.8$1.18