Civic Intelligence

Swift Communications Inc Employee Benefits Trust

990 • Fiscal year 2013 • EIN 88-0160568

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 29, 2014

580 Mallory Way89701

(775) 283-5500

Siviq Scores

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

Liabilities / Assets

85th percentile

0.45x

Higher debt load relative to assets than 85% of similar nonprofits.

2013 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

67th percentile

0.07x

Higher debt load relative to revenue than 67% of similar nonprofits.

2013 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2013

Net Margin

60th percentile

6.1%

Higher net margin than 60% of similar nonprofits.

2013 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2013 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2013

Asset Growth

48th percentile

3.0%

Faster asset growth than 48% of similar nonprofits.

2013 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

10th percentile

-22%

Faster revenue growth than 10% of similar nonprofits.

2013 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Up

$539,663

Up $15,660 (+3.0%) from 2012

Net Assets

Up

$295,195

Up $198,529 (+205%) from 2012

Liabilities

Down

$244,468

Down $182,869 (-43%) from 2012

Revenue

Down

$3,276,644

Down $908,845 (-22%) from 2012

Expenses

Down

$3,078,115

Down $779,717 (-20%) from 2012

Net Income

Down

$198,529

Down $129,128 (-39%) from 2012

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $725,054Liabilities 2010: $341,606Net Assets 2010: $383,4482010Assets 2011: $261,258Liabilities 2011: $492,249Net Assets 2011: -$230,9912011Assets 2012: $524,003Liabilities 2012: $427,337Net Assets 2012: $96,6662012Assets 2013: $539,663Liabilities 2013: $244,468Net Assets 2013: $295,1952013Assets 2014: $630,809Liabilities 2014: $272,547Net Assets 2014: $358,2622014Assets 2015: $415,505Liabilities 2015: $326,258Net Assets 2015: $89,2472015Assets 2016: $329,487Liabilities 2016: $226,082Net Assets 2016: $103,4052016Assets 2017: $168,606Liabilities 2017: $311,800Net Assets 2017: -$143,1942017Assets 2018: $194,026Liabilities 2018: $267,512Net Assets 2018: -$73,4862018Assets 2019: $329,543Liabilities 2019: $375,000Net Assets 2019: -$45,4572019Assets 2020: $74,929Liabilities 2020: $159,000Net Assets 2020: -$84,0712020Assets 2021: $350,346Liabilities 2021: $600,343Net Assets 2021: -$249,9972021Assets 2022: $57,678Liabilities 2022: $0Net Assets 2022: $57,6782022

Highlighted filing

2013

Assets$539,663
Liabilities$244,468
Net Assets$295,195

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $4,668,114Expenses 2010: $4,518,883Net Income 2010: $149,2312010Revenue 2011: $3,407,301Expenses 2011: $4,021,740Net Income 2011: -$614,4392011Revenue 2012: $4,185,489Expenses 2012: $3,857,832Net Income 2012: $327,6572012Revenue 2013: $3,276,644Expenses 2013: $3,078,115Net Income 2013: $198,5292013Revenue 2014: $3,483,181Expenses 2014: $3,420,114Net Income 2014: $63,0672014Revenue 2015: $3,251,152Expenses 2015: $3,520,167Net Income 2015: -$269,0152015Revenue 2016: $3,232,498Expenses 2016: $3,218,340Net Income 2016: $14,1582016Revenue 2017: $4,625,217Expenses 2017: $4,871,816Net Income 2017: -$246,5992017Revenue 2018: $4,738,093Expenses 2018: $4,668,385Net Income 2018: $69,7082018Revenue 2019: $4,986,690Expenses 2019: $4,958,661Net Income 2019: $28,0292019Revenue 2020: $3,478,780Expenses 2020: $3,517,394Net Income 2020: -$38,6142020Revenue 2021: $4,077,211Expenses 2021: $4,243,137Net Income 2021: -$165,9262021Revenue 2022: $167,573Expenses 2022: -$140,102Net Income 2022: $307,6752022

Highlighted filing

2013

Revenue$3,276,644
Expenses$3,078,115
Net Income$198,529
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 29, 2014
Return Version
2013v3.0
Gross Receipts
$3,276,644
Mission and Program Overview

Mission

Provide health and welfare benefits to participants

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$416,109$539,663▲ $123,554
Rtn Earn Endowment Incm Other Fnds$96,666$295,195▲ $198,529
Accounts Receivable$107,894$0▼ $107,894
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$524,003$539,663▲ $15,660
Liabilities
Accounts Payable and Accrued Expenses$427,337$244,468▼ $182,869
Total Liabilities$427,337$244,468▼ $182,869
Net Assets / Fund Balance
Total Net Assets Fund Balance$96,666$295,195▲ $198,529
Total Liabilities and Net Assets / Fund Balance$524,003$539,663▲ $15,660
Compensation and Service Providers

Board Members and Trustees

NameTitle
Swift Communications IncTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
HealthCompClaims Administrator-$111,402
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,276,644
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$198,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$726,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$2,351,272--$2,351,272
Insurance$314,893--$314,893
Fees for Services Management-$111,402-$111,402
Fees for Services Other-$49,958-$49,958
Other Expenses$108,146$5,196-$5,196
Total Functional Expenses$2,911,559$166,556$0$3,078,115
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
Subject to proxy tax
No
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, Part VI, Section A, line 8A

Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing

Form 990, Part VI, Section A, line 8B

Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing

Form 990, Part VI, Section B, line 11

Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing

Form 990, Part VI, Section C, line 19

All information is available upon request.

Filing and Contact Details

Filer

EIN
88-0160568
Phone
7752835500

Signing Officer

Name
Diane Parkinson
Title
Director of Corporate Finance
Phone
7752835500
Signed
2014-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Diane Parkinson
Formed
1979
Legal Domicile
Nv
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Preparer
Cindy T Savage
Phone
2053455860
Raw XML Appendix257 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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IRS990/BenefitsToMembersGrp/TotalAmt02351272
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IRS990/BooksInCareOfDetail/PhoneNum07752835500
IRS990/BooksInCareOfDetail/USAddress/AddressLine10580 Mallory Way
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IRS990/FSAuditedInd00
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IRS990/GrantsToIndividualsInd00
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IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0314893
IRS990/InsuranceGrp/TotalAmt0314893
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NV
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0295195
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OtherExpensesGrp/Desc0Other Benefit Insurance
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IRS990/PartialLiquidationInd00
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IRS990/ProgramServiceRevenueGrp/Desc1Participant Contributi
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Plan management is the governing body even though there is no specific document stating so. Plan management reviews and monitors activity, however, no formal documentation of meetings held or actions taken. Plan management reviews Form 990 prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL INFORMATION IS AVAILABLE UPON REQUEST.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
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IRS990/TotalVolunteersCnt00
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IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0NA
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ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Corporate Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum07752835500
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-29
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ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cindy T Savage
ReturnHeader/ReturnTs02014-10-29T11:05:03-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.17$0.14$0.31
2021Summary only. Only limited summary data is available for this year.$0.35$0.60$0.25$4.08$4.24$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.16$0.08$3.48$3.52$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.38$0.05$4.99$4.96$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.27$0.07$4.74$4.67$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.31$0.14$4.63$4.87$0.25
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.23$0.10$3.23$3.22$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.33$0.09$3.25$3.52$0.27
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.27$0.36$3.48$3.42$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.24$0.30$3.28$3.08$0.20
2012Summary only. Only limited summary data is available for this year.$0.52$0.43$0.10$4.19$3.86$0.33
2011Summary only. Only limited summary data is available for this year.$0.26$0.49$0.23$3.41$4.02$0.61
2010Summary only. Only limited summary data is available for this year.$0.73$0.34$0.38$4.67$4.52$0.15