Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Loudoun Valley Estates Torpedoes
EIN 90-0550189 • 501(c)3 • Ashburn, VA
Profile
This is a nonprofit community swim team overseeing the development of children through aquatics. All board members are volunteers and are trying to help the community children have a chance to learn how to swim.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Balance Sheet
Assets
Up$41,274
Up $16,401 (+66%) from 2022
Liabilities
$0
No earlier filing loaded for comparison.
Net Assets
-
No earlier filing loaded for comparison.
Revenue
Up$35,096
Up $12,177 (+53%) from 2022
Expenses
Up$23,110
Up $1,782 (+8.4%) from 2022
Net Income
Up$11,986
Up $10,395 (+653%) from 2022
Trend Graphs
Filings
Most recent year
2023 • Form 990EZSummary only. Only limited summary data is available for this year.
- Assets
- $41,274
- Liabilities
- $0
- Net assets
- -
- Revenue
- $35,096
- Expenses
- $23,110
- Net income
- $11,986
Latest Detailed Filing
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $25,303
Mission and Program Overview
Mission
This is a nonprofit community swim team overseeing the development of children through aquatics. All board members are volunteers and are trying to help the community children have a chance to learn how to swim.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The swim team has helped 85 children participate in the developmental swim program. Thanks to the efforts of our volunteers, this has been an affordable opportunity for children and families. The team and its families have also built a wonderful sense of "community" through the altruistic efforts of all. It's a true team effort by all the parents involved. | - | $18,871 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RAJIV PATNAIK | Secretary | - | $0 | - | - |
| RAVI MIDDHA | Comp Operations | - | $0 | - | - |
| KIRAN MORZARIA PAREKH | Vol Coordinator | - | $0 | - | - |
| SHANMUGAM CHINNAPPA GOUNDER | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Loudoun Valley Estates Torpedoes
- EIN
- 90-0550189
- Phone
- 7034997530
- Address
- 43636 LUCKETTS BRIDGE CIRCLE, ASHBURN, VA 20148
Signing Officer
- Name
- Shanmugam Chinnappa Gounder
- Title
- Treasurer
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Huey and Bjorn
- Address
- 408 EAST MARKET ST STE 207, CHARLOTTESVILLE, VA 22902
- Preparer
- Cameron Welch
- Phone
- 4349717642
Supplemental Narrative
Additional Explanations
Other Expenses.1001
“Advertising and Promotion $116”
Other Expenses.1007
“Conferences, Conventions, and Meetings $2676”
Other Expenses.1009
“Depreciation $328”
Other Expenses.1012
“Insurance $1363”
Other Expenses.1
“SPIRIT WEAR $2594”
Other Expenses.2
“LEAGUE DUES $900”
Other Expenses.3
“TEAM UNIFY $250”
Other Expenses.4
“Miscellaneous expenses $205”
Other Expenses.5
“MEET SUPPLIES $131”
Other Expenses.6
“Va annual registration $45”
Other Assets.1003
“Machinery and Equipment - Beginning $739 Machinery and Equipment - Ending $411”
Statement Note 1
“The swim team has helped almost 150 children participate in the developmental swim program. Thanks to the efforts of our volunteers, this has been an affordable opportunity for children and families. The team and its families have also built a wonderful sense of "community" through the altruistic efforts of all. It's a true team effort by all the parents to make it a succesful program.”
Raw XML Appendix176 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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| IRS990EZ/OrganizationHadUBIInd | 0 | false |
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| IRS990EZ/OtherExpensesTotalAmt | 0 | 8608 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/ProgramServiceRevenueAmt | 0 | 21729 |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 21328 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 18871 |
| IRS990EZ/TotalRevenueAmt | 0 | 22919 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | LVETORPEDOES.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2250 |
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| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Advertising and Promotion $116 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Depreciation $328 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Insurance $1363 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | SPIRIT WEAR $2594 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | LEAGUE DUES $900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TEAM UNIFY $250 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | MISCELLANEOUS EXPENSES $205 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | MEET SUPPLIES $131 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | VA ANNUAL REGISTRATION $45 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Machinery and Equipment - Beginning $739 Machinery and Equipment - Ending $411 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | The swim team has helped almost 150 children participate in the developmental swim program. Thanks to the efforts of our volunteers, this has been an affordable opportunity for children and families. The team and its families have also built a wonderful sense of "community" through the altruistic efforts of all. It's a true team effort by all the parents to make it a succesful program. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1009 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Assets.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Statement Note 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHANMUGAM CHINNAPPA GOUNDER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOUDOUN VALLEY ESTATES TORPEDOES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOUD |
| ReturnHeader/Filer/EIN | 0 | 900550189 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | ASHBURN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20148 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 541461185 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HUEY AND BJORN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 408 EAST MARKET ST STE 207 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHARLOTTESVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 22902 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4349717642 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CAMERON WELCH |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T12:20:57-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | SHANMUGAM CHINNAPPA |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | GOUNDER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
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