Civic Intelligence

Boulder Poseidons Swim Team

990 • Fiscal year 2014 • EIN 84-1366535

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 01, 2015

PO Box 1108Boulder, CO 80306

(303) 469-4611

Siviq Scores

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

Liabilities / Assets

74th percentile

0.07x

Higher debt load relative to assets than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

30th percentile

-5.0%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

46th percentile

-0.3%

Faster revenue growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$59,662

Down $17,021 (-22%) from 2013

Net Assets

Down

$55,271

Down $18,859 (-25%) from 2013

Liabilities

Up

$4,391

Up $1,838 (+72%) from 2013

Revenue

Down

$330,927

Down $936 (-0.3%) from 2013

Expenses

Up

$347,617

Up $13,925 (+4.2%) from 2013

Net Income

Down

-$16,690

Down $14,861 (-813%) from 2013

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $62,451Liabilities 2011: $4,466Net Assets 2011: $57,9852011Assets 2012: $80,445Liabilities 2012: $4,436Net Assets 2012: $76,0092012Assets 2013: $76,683Liabilities 2013: $2,553Net Assets 2013: $74,1302013Assets 2014: $59,662Liabilities 2014: $4,391Net Assets 2014: $55,2712014Assets 2015: $56,936Liabilities 2015: $3,460Net Assets 2015: $53,4762015Assets 2016: $20,590Liabilities 2016: $0Net Assets 2016: $20,5902016Assets 2017: $12,029Net Assets 2017: $12,0292017Assets 2018: $23,668Net Assets 2018: $23,6682018Assets 2019: $20,676Net Assets 2019: $20,6762019Assets 2020: $37,211Net Assets 2020: $37,2112020Assets 2021: $430Liabilities 2021: $298Net Assets 2021: $1322021Assets 2022: $6,484Liabilities 2022: $0Net Assets 2022: $6,4842022Assets 2023: $10,653Liabilities 2023: $14,000Net Assets 2023: -$3,3472023Assets 2024: $42,160Liabilities 2024: $0Net Assets 2024: $42,1602024Assets 2025: $80,382Liabilities 2025: $0Net Assets 2025: $80,3822025

Highlighted filing

2014

Assets$59,662
Liabilities$4,391
Net Assets$55,271

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $258,598Expenses 2011: $243,819Net Income 2011: $14,7792011Revenue 2012: $310,445Expenses 2012: $292,421Net Income 2012: $18,0242012Revenue 2013: $331,863Expenses 2013: $333,692Net Income 2013: -$1,8292013Revenue 2014: $330,927Expenses 2014: $347,617Net Income 2014: -$16,6902014Revenue 2015: $274,916Expenses 2015: $276,700Net Income 2015: -$1,7842015Revenue 2016: $72,693Expenses 2016: $105,579Net Income 2016: -$32,8862016Revenue 2017: $90,445Expenses 2017: $99,006Net Income 2017: -$8,5612017Revenue 2018: $161,263Expenses 2018: $149,624Net Income 2018: $11,6392018Revenue 2019: $172,273Expenses 2019: $175,265Net Income 2019: -$2,9922019Revenue 2020: $199,024Expenses 2020: $182,489Net Income 2020: $16,5352020Revenue 2021: $231,547Expenses 2021: $247,517Net Income 2021: -$15,9702021Revenue 2022: $236,246Expenses 2022: $230,288Net Income 2022: $5,9582022Revenue 2023: $254,213Expenses 2023: $270,962Net Income 2023: -$16,7492023Revenue 2024: $318,305Expenses 2024: $280,734Net Income 2024: $37,5712024Revenue 2025: $395,592Expenses 2025: $357,370Net Income 2025: $38,2222025

Highlighted filing

2014

Revenue$330,927
Expenses$347,617
Net Income-$16,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 1, 2015
Return Version
2014v5.0
Gross Receipts
$330,927
Mission and Program Overview

Mission

Boulder Swim Teams mission is to create a fun safe supportive and challenging environment and to enable our athletes to excel at swimming and create lifelong bonds. We strive to develop excellent character producing not just strong swimmers but also outstanding people. We embrace a culture of leadership performance and accountability at all levels and a team-first mentality. We are committed to providing the best swimmer-to-coach ratio in Boulder.

Providing coaching services for swimmers of all levels

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,165$59,585▼ $14,580
Rtn Earn Endowment Incm Other Fnds$74,130$55,271▼ $18,859
Land, Buildings, and Equipment, Net$2,518$77▼ $2,441
Total Assets$76,683$59,662▼ $17,021
Liabilities
Accounts Payable and Accrued Expenses$2,553$4,391▲ $1,838
Total Liabilities$2,553$4,391▲ $1,838
Net Assets / Fund Balance
Total Net Assets Fund Balance$74,130$55,271▼ $18,859
Total Liabilities and Net Assets / Fund Balance$76,683$59,662▼ $17,021

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$77$11,622$11,699
Compensation and Service Providers

Board Members and Trustees

NameTitle
James D FreemanPresident
Dexter SimonDirector
Kevin RichDirector
Paul KeoughDirector
Tammy SchweirDirector
Shamarie PierceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$267,535
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$63,392
Change in Net Assets
$-16,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,479
Salaries, Compensation, and Employee Benefits$142,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$68,327--$68,327
Other Salaries and Wages$61,299--$61,299
Other Expenses$30,808$12,723-$12,723
Payroll Taxes$12,512--$12,512
All Other Expenses$2,322$5,798-$8,120
Insurance-$2,492-$2,492
Occupancy-$2,018-$2,018
Office Expenses-$1,056-$1,056
Fees for Services Accounting-$450-$450
Information Technology-$121-$121
Depreciation Depletion$46--$46
Total Functional Expenses$322,959$24,658$0$347,617
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,415
Fundraising Direct Expenses$6,023
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
King Soopers$34,446-$250-
Swim-a-thon$10,062---
Total Events$69,415-$6,008$-6,008
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
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
Boulder Poseidons Swim Team
EIN
84-1366535
Address
PO BOX 1108, BOULDER, CO 80306
Doing Business As
PO Box 1108

Signing Officer

Name
James Freeman
Title
President
Signed
2015-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Freeman
Formed
2005
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
0
Employees
4

Preparer

Firm
Brenda French CPA Pc
Address
12470 YORK ST UNIT 28, EASTLAKE, CO 80614-3001
Preparer
Brenda a French CPA
Phone
7205233940
Supplemental Narrative

Additional Explanations

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

Providing coaching services to swimmersof all levels

Form 990, Part XI, Line 9

Book / tax depreciation difference 7

Raw XML Appendix307 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/Filer/BusinessName/BusinessNameLine1Txt0BOULDER POSEIDONS SWIM TEAM
ReturnHeader/Filer/BusinessNameControlTxt0BOUL
ReturnHeader/Filer/EIN0841366535
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1108
ReturnHeader/Filer/USAddress/CityNm0BOULDER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080306
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0861069228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENDA FRENCH CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012470 YORK ST UNIT 28
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EASTLAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0806143001
ReturnHeader/PreparerPersonGrp/PhoneNum07205233940
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENDA A FRENCH CPA
ReturnHeader/ReturnTs02015-04-10T21:21:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$3.96$3.57$0.38
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$3.18$2.81$0.38
2023Detailed filing. Detailed filing data is available for this year.$0.11$0.14$0.03$2.54$2.71$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$2.36$2.30$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.32$2.48$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.37$1.99$1.82$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.72$1.75$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.24$0.24$1.61$1.50$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.90$0.99$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.73$1.06$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.57$0.03$0.53$2.75$2.77$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.60$0.04$0.55$3.31$3.48$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.77$0.03$0.74$3.32$3.34$0.02
2012Summary only. Only limited summary data is available for this year.$0.80$0.04$0.76$3.10$2.92$0.18
2011Summary only. Only limited summary data is available for this year.$0.62$0.04$0.58$2.59$2.44$0.15