First Swing Foundation is located in Medina, WA. The organization was established in 2009. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, 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. First Swing Foundation 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 12/2023, First Swing Foundation generated $98.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $100.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,160 |
| Total Program Service Revenue | $74,289 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $167 |
| Total Revenue | $98,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,128 |
| Professional fees and other payments to independent contractors | $22,080 |
| Occupancy, rent, utilities, and maintenance | $12,055 |
| Printing, publications, postage, and shipping | $836 |
| Other expenses | $35,638 |
| Total expenses | $100,317 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $352,083 |
| Other assets | $0 |
| Total assets | $357,083 |
| Total liabilities | $140,000 |
| Net assets or fund balances | $217,083 |