Civic Intelligence

Splashforward

990 • Fiscal year 2022 • EIN 83-2629157

Jan 01, 2022 to Dec 31, 2022 • Filed on May 02, 2023

PO Box 417Kirkland, WA 98083-0417

(425) 381-1014

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-30%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-16%

Faster asset growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-55%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$141,794

Down $27,819 (-16%) from 2021

Net Assets

Down

$141,794

Down $27,819 (-16%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$91,781

Down $110,348 (-55%) from 2021

Expenses

Up

$119,600

Up $80,814 (+208%) from 2021

Net Income

Down

-$27,819

Down $191,162 (-117%) from 2021

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $804Liabilities 2018: $02018Assets 2019: $4,420Liabilities 2019: $0Net Assets 2019: $4,4202019Assets 2020: $6,270Liabilities 2020: $0Net Assets 2020: $6,2702020Assets 2021: $169,613Liabilities 2021: $0Net Assets 2021: $169,6132021Assets 2022: $141,794Liabilities 2022: $0Net Assets 2022: $141,7942022Assets 2023: $155,397Liabilities 2023: $0Net Assets 2023: $155,3972023Assets 2024: $107,537Liabilities 2024: $0Net Assets 2024: $107,5372024

Highlighted filing

2022

Assets$141,794
Liabilities$0
Net Assets$141,794

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2018: $804Expenses 2018: $0Net Income 2018: $8042018Revenue 2019: $51,612Expenses 2019: $47,996Net Income 2019: $3,6162019Revenue 2020: $16,915Expenses 2020: $15,065Net Income 2020: $1,8502020Revenue 2021: $202,129Expenses 2021: $38,786Net Income 2021: $163,3432021Revenue 2022: $91,781Expenses 2022: $119,600Net Income 2022: -$27,8192022Revenue 2023: $170,577Expenses 2023: $156,974Net Income 2023: $13,6032023Revenue 2024: $138,350Expenses 2024: $186,210Net Income 2024: -$47,8602024

Highlighted filing

2022

Revenue$91,781
Expenses$119,600
Net Income-$27,819
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$91,781
Mission and Program Overview

Mission

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$169,613$141,794▼ $27,819
Total Assets$169,613$141,794▼ $27,819
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$169,613$137,794▼ $31,819
Net Assets With Donor Restrictions$0$4,000▲ $4,000
Total Net Assets Fund Balance$169,613$141,794▼ $27,819
Total Liabilities and Net Assets / Fund Balance$169,613$141,794▼ $27,819
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan PappalardoDirector, President
Erik TeutschDirector
Grace ChuDirector
Jeff LowellDirector
Katoya PalmerDirector
Lorraine MasseDirector, Secretary
Julie FranckDirector, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$91,604
Program Service Revenue
$0
Investment Income
$177
Other Revenue
$0
All Other Contributions
$58,387
Change in Net Assets
$-27,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,600
Total Fundraising Expense$18,859
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$37,683$25,000$15,056$77,739
Advertising$20,564--$20,564
Fees for Services Legal-$1,162-$1,162
Other Expenses$721$0$0$721
Insurance-$311-$311
Conferences and Meetings$247--$247
Total Functional Expenses$70,037$30,704$18,859$119,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Giving Tuesday & Year End Campaign$18,165$18,165$0$18,165
Givebig$15,052$15,052$0$15,052
Total Events$33,217$33,217$0$33,217
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
Annual disclosure for covered persons
Yes
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
Yes
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

The 990 documentation is prepared by the treasurer with oversight by the president and cpa board member. Once completed, the document is made available in draft form to all board members. Adjustments, if any, are made and returned to the treasurer for final revisions. The final form 990 is then e-mailed to the complete board of directors for their review prior to filing.

Form 990, Part VI, Section B, Line 12C

All board members review and sign their agreement to our published policy upon joining splashforward. Annually, this policy is reviewed and updated for ongoing compliance. Currently, no board members are in a financially beneficial relationship with splashforward.

Form 990, Part VI, Section C, Line 19

Copies of forms 990, form 1023, governing documents, and the conflict of interest policy are available upon request by electronic or regular mail.

Filing and Contact Details

Filer

Filer Name
Splashforward
EIN
83-2629157
Phone
4253811014
Address
PO BOX 417, KIRKLAND, WA 98083-0417

Signing Officer

Name
Susan Pappalardo
Title
President
Phone
4253811014
Signed
2023-05-02

Organization Details

Principal Officer
Susan Pappalardo
Formed
2018
Legal Domicile
Wa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
50
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Splashforward's charitable purpose is to raise and provide charitable funds to support and foster long-range development of local and regional aquatics facilities, to advocate for sustainable operations of such facilities, and to promote aquatic sports, safety, fitness, therapy, and related activities including aquatics-based health and wellness, in the greater king county region of the state of washington. Splashforward's primary goal is to engage community leaders to provide and raise private funding to supplement local municipalities' goal of building and sustaining regional aquatics facilities. Its initial municipality is the city of bellevue, located in king county, washington, but foresees branching out into other municipalities including regional efforts. Splashforward will help raise private funding to sustain operations of aquatics facilities through community related aquatics programming opportunities. In addition to raising funds for aquatics facility development, splashforward will engage in outreach with the local community to promote acess for all ages, all abilities, and all backgrounds to swimming facilities. Splashforward will develop educational materials that showcase the benefits of having aquatics facilities within the communities they serve. This will include materials demonstrating operational sustainability, health and wellness benefits, water safety benefits, and programming models that best meet the needs of the community.

Form 990, Part IX, Line 11G

Program service expenses: Aquatics consultant $37,683, Management & general expenses: Strategic planning $25,000, Fundraising expenses: Fundraising consulting $10,075 plus Grant prospecting $4,981

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPLASHFORWARD'S CHARITABLE PURPOSE IS TO RAISE AND PROVIDE CHARITABLE FUNDS TO SUPPORT AND FOSTER LONG-RANGE DEVELOPMENT OF LOCAL AND REGIONAL AQUATICS FACILITIES, TO ADVOCATE FOR SUSTAINABLE OPERATIONS OF SUCH FACILITIES, AND TO PROMOTE AQUATIC SPORTS, SAFETY, FITNESS, THERAPY, AND RELATED ACTIVITIES INCLUDING AQUATICS-BASED HEALTH AND WELLNESS, IN THE GREATER KING COUNTY REGION OF THE STATE OF WASHINGTON. SPLASHFORWARD'S PRIMARY GOAL IS TO ENGAGE COMMUNITY LEADERS TO PROVIDE AND RAISE PRIVATE FUNDING TO SUPPLEMENT LOCAL MUNICIPALITIES' GOAL OF BUILDING AND SUSTAINING REGIONAL AQUATICS FACILITIES. ITS INITIAL MUNICIPALITY IS THE CITY OF BELLEVUE, LOCATED IN KING COUNTY, WASHINGTON, BUT FORESEES BRANCHING OUT INTO OTHER MUNICIPALITIES INCLUDING REGIONAL EFFORTS. SPLASHFORWARD WILL HELP RAISE PRIVATE FUNDING TO SUSTAIN OPERATIONS OF AQUATICS FACILITIES THROUGH COMMUNITY RELATED AQUATICS PROGRAMMING OPPORTUNITIES. IN ADDITION TO RAISING FUNDS FOR AQUATICS FACILITY DEVELOPMENT, SPLASHFORWARD WILL ENGAGE IN OUTREACH WITH THE LOCAL COMMUNITY TO PROMOTE ACESS FOR ALL AGES, ALL ABILITIES, AND ALL BACKGROUNDS TO SWIMMING FACILITIES. SPLASHFORWARD WILL DEVELOP EDUCATIONAL MATERIALS THAT SHOWCASE THE BENEFITS OF HAVING AQUATICS FACILITIES WITHIN THE COMMUNITIES THEY SERVE. THIS WILL INCLUDE MATERIALS DEMONSTRATING OPERATIONAL SUSTAINABILITY, HEALTH AND WELLNESS BENEFITS, WATER SAFETY BENEFITS, AND PROGRAMMING MODELS THAT BEST MEET THE NEEDS OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 DOCUMENTATION IS PREPARED BY THE TREASURER WITH OVERSIGHT BY THE PRESIDENT AND CPA BOARD MEMBER. ONCE COMPLETED, THE DOCUMENT IS MADE AVAILABLE IN DRAFT FORM TO ALL BOARD MEMBERS. ADJUSTMENTS, IF ANY, ARE MADE AND RETURNED TO THE TREASURER FOR FINAL REVISIONS. THE FINAL FORM 990 IS THEN E-MAILED TO THE COMPLETE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS REVIEW AND SIGN THEIR AGREEMENT TO OUR PUBLISHED POLICY UPON JOINING SPLASHFORWARD. ANNUALLY, THIS POLICY IS REVIEWED AND UPDATED FOR ONGOING COMPLIANCE. CURRENTLY, NO BOARD MEMBERS ARE IN A FINANCIALLY BENEFICIAL RELATIONSHIP WITH SPLASHFORWARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF FORMS 990, FORM 1023, GOVERNING DOCUMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST BY ELECTRONIC OR REGULAR MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Program service expenses: Aquatics consultant $37,683, Management & general expenses: Strategic planning $25,000, Fundraising expenses: Fundraising consulting $10,075 plus Grant prospecting $4,981
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
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IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0980830417
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IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0SPLASHFORWARD.ORG
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Susan Pappalardo

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