Civic Intelligence

Chesapeake Synchronized Skating Inc.

990EZ • Fiscal year 2017 • EIN 90-0880139

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 03, 2018

11211 Five Springs RoadLutherville Timonium, MD 21093

(443) 676-6611

Siviq Scores

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

Liabilities / Assets

80th percentile

0.14x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

95th percentile

$63,626

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 41.1% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

96th percentile

277%

Faster asset growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$73,020

Up $53,676 (+277%) from 2016

Net Assets

Up

$62,961

Up $46,247 (+277%) from 2016

Liabilities

Up

$10,059

Up $7,429 (+282%) from 2016

Revenue

Up

$154,843

Up $36,499 (+31%) from 2016

Expenses

Up

$196,378

Up $68,137 (+53%) from 2016

Net Income

Down

-$41,535

Down $31,638 (-320%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2013: $36,877Liabilities 2013: $1,4992013Assets 2014: $37,379Liabilities 2014: $1,308Net Assets 2014: $36,0712014Assets 2015: $28,531Liabilities 2015: $1,920Net Assets 2015: $26,6112015Assets 2016: $19,344Liabilities 2016: $2,630Net Assets 2016: $16,7142016Assets 2017: $73,020Liabilities 2017: $10,059Net Assets 2017: $62,9612017Assets 2018: $97,999Liabilities 2018: $20,069Net Assets 2018: $77,9302018Assets 2019: $91,804Liabilities 2019: $18,732Net Assets 2019: $73,0722019Assets 2020: $80,352Liabilities 2020: $4,622Net Assets 2020: $75,7302020Assets 2021: $82,944Liabilities 2021: $4,622Net Assets 2021: $78,3222021Assets 2022: $82,356Liabilities 2022: $8,522Net Assets 2022: $73,8342022Assets 2023: $97,127Liabilities 2023: $02023

Highlighted filing

2017

Assets$73,020
Liabilities$10,059
Net Assets$62,961

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $108,387Expenses 2013: $90,186Net Income 2013: $18,2012013Revenue 2014: $81,492Expenses 2014: $80,799Net Income 2014: $6932014Revenue 2015: $92,807Expenses 2015: $102,267Net Income 2015: -$9,4602015Revenue 2016: $118,344Expenses 2016: $128,241Net Income 2016: -$9,8972016Revenue 2017: $154,843Expenses 2017: $196,378Net Income 2017: -$41,5352017Revenue 2018: $186,172Expenses 2018: $171,203Net Income 2018: $14,9692018Revenue 2019: $142,137Expenses 2019: $146,995Net Income 2019: -$4,8582019Revenue 2020: $78,116Expenses 2020: $75,458Net Income 2020: $2,6582020Revenue 2021: $37,985Expenses 2021: $35,393Net Income 2021: $2,5922021Revenue 2022: $65,576Expenses 2022: $70,064Net Income 2022: -$4,4882022Revenue 2023: $105,509Expenses 2023: $82,216Net Income 2023: $23,2932023

Highlighted filing

2017

Revenue$154,843
Expenses$196,378
Net Income-$41,535
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 3, 2018
Return Version
2017v2.2
Gross Receipts
$158,543
Mission and Program Overview

Mission

Coordinate, promote, teach and support amateur synchronized skating. The corporation has been organized to exist as a member of us figure skating, and therefore seeks to assist in carrying out the objects and purposes of us figure skating in accordance with the provisions of the us figure skating bylaws and official rules. The corporation shall maintain its membership in us figure skating and conduct its affairs in a manner consistent with the bylaws, official rules, policies and procedures of us figure skating.

Program Services

DescriptionGrantsExpenses
CHESAPEAKE SYNCHRONIZED SKATING, INC. IS AN ORGANIZATION THAT EVALUATES INDIVIDUAL SKATERS BASED ON THEIR AGE AND SKILL LEVEL AND PLACES THEM ON A TEAM OF SIMILAR ATHLETES TO LEARN THE ART AND SPORT OF SYNCHRONIZED SKATING.-$158,543
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAUREN NEIDIGDirector-$63,626-$63,626
LISA KIRKLANDPresident-$0--
DEBBIE YOUNGVice President-$0--
KANAN SHAHTreasurer-$0--
PAM NEIDIGSecretary-$0--
JEREMY DREHMERDirector-$0--
JENNIFER CROSSONDirector-$0--
TIFFANY WENDLANDDirector-$0--
MATT NEIDIGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Chesapeake Synchronized Skating Inc
EIN
90-0880139
Phone
4436766611
Address
11211 FIVE SPRINGS ROAD, LUTHERVILLE TIMONIUM, MD 21093

Signing Officer

Name
Kanan Shah
Title
Treasurer
Phone
4436766611
Signed
2018-09-03

Preparer

Firm
James Carroll CPA LLC
Address
109 Church Road, Owings Mills, MD 21117-2404
Preparer
James Carroll CPA
Phone
4103563479
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Administrative costs 13463.

Form 990EZ, Part I, Line 16

BACKGROUND CHECKS 654.

Form 990EZ, Part I, Line 16

EXHIBITION 800.

Form 990EZ, Part I, Line 16

SKILLS SESSION 595.

Form 990EZ, Part I, Line 16

TRAVEL 11275.

Form 990EZ, Part I, Line 16

COMPETITION FEES 16266.

Form 990EZ, Part I, Line 16

DRESSES 16909.

Form 990EZ, Part I, Line 16

Season program costs 3855.

Form 990EZ, Part I, Line 16

Meals & entertainment 604.

Form 990EZ, Part I, Line 20

Reconciliation adjustment 87782.

Form 990EZ, Part II, Line 24

Accounts receivable & other current assets 25220.

Form 990EZ, Part II, Line 26

ACCOUNTS PAYABLE 5437.

Form 990EZ, Part II, Line 26

Other current liabilities 4622.

Raw XML Appendix195 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/OfficerDirectorTrusteeEmplGrp/PersonNm1DEBBIE YOUNG
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OtherChangesInNetAssetsAmt087782
IRS990EZ/OtherExpensesTotalAmt064421
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IRS990EZ/PrimaryExemptPurposeTxt0COORDINATE, PROMOTE, TEACH AND SUPPORT AMATEUR SYNCHRONIZED SKATING. THE CORPORATION HAS BEEN ORGANIZED TO EXIST AS A MEMBER OF US FIGURE SKATING, AND THEREFORE SEEKS TO ASSIST IN CARRYING OUT THE OBJECTS AND PURPOSES OF US FIGURE SKATING IN ACCORDANCE WITH THE PROVISIONS OF THE US FIGURE SKATING BYLAWS AND OFFICIAL RULES. THE CORPORATION SHALL MAINTAIN ITS MEMBERSHIP IN US FIGURE SKATING AND CONDUCT ITS AFFAIRS IN A MANNER CONSISTENT WITH THE BYLAWS, OFFICIAL RULES, POLICIES AND PROCEDURES OF US FIGURE SKATING.
IRS990EZ/ProgramServiceRevenueAmt0151604
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IRS990EZ/WebsiteAddressTxt0www.chesapeakesynchro.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08349
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IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0154354
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IRS990ScheduleA/Total509Grp/TotalAmt0612909
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADMINISTRATIVE COSTS 13463.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BACKGROUND CHECKS 654.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXHIBITION 800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SKILLS SESSION 595.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TRAVEL 11275.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPETITION FEES 16266.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DRESSES 16909.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEASON PROGRAM COSTS 3855.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEALS & ENTERTAINMENT 604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RECONCILIATION ADJUSTMENT 87782.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACCOUNTS RECEIVABLE & OTHER CURRENT ASSETS 25220.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACCOUNTS PAYABLE 5437.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OTHER CURRENT LIABILITIES 4622.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KANAN SHAH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04436766611
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHESAPEAKE SYNCHRONIZED SKATING INC
ReturnHeader/Filer/BusinessNameControlTxt0CHES
ReturnHeader/Filer/EIN0900880139
ReturnHeader/Filer/PhoneNum04436766611
ReturnHeader/Filer/USAddress/AddressLine1Txt011211 FIVE SPRINGS ROAD
ReturnHeader/Filer/USAddress/CityNm0LUTHERVILLE TIMONIUM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021093
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.82.213.4
ReturnHeader/FilingSecurityInformation/IPDt02018-09-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:30:17
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0James Carroll CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 Church Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Owings Mills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0211172404
ReturnHeader/PreparerPersonGrp/PhoneNum04103563479
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES CARROLL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-09-13T08:30:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings