Minnesota Synchronettes
- Assets
- $101.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 05/2006
- Data as of
- 08/2024
- EIN
- 03-0566192
Organization Overview
Minnesota Synchronettes is located in Wayzata, MN. The organization was established in 2006. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Synchronettes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Minnesota Synchronettes generated $164.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $155.9k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROVISION OF SYNCHRONIZED SWIMMING INSTRUCTION TO YOUTH IN WEST METRO AREA OF MINNEAPOLIS. PROVIDING LESSONS SUMMER CLINICS AND PARTICIPATION IN LOCAL REGIONAL AND NATIONAL COMPETITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Wagner Admin Chair-Treasurer | 4 | $0 | |
Jackie Brand Vice Chair | 1 | $0 | |
Carla Steffen Adminstrator | 8 | $0 | |
Neil Kozlowica Bookkeeper | 6 | $4,100 | |
Angela Schlender Secretary | 1 | $0 | |
James Steffen Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,160 |
| Total Program Service Revenue | $10,951 |
| Membership dues | $142,061 |
| Investment income | $3,390 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,286 |
| Total Revenue | $164,271 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $37,536 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $86,659 |
| Occupancy, rent, utilities, and maintenance | $29,384 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $2,101 |
| Total expenses | $155,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,094 |
| Other assets | $0 |
| Total assets | $101,094 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,094 |