Woodbridge Aquatic Club Inc
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodbridge, CT
- Founding
- 04/2006
- Data as of
- 08/2023
- EIN
- 20-3155219
Organization Overview
Woodbridge Aquatic Club Inc is located in Woodbridge, CT. The organization was established in 2006. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Woodbridge Aquatic Club Inc 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 08/2023, Woodbridge Aquatic Club Inc generated $135.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $114.9k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BETTERMENT OF CHILDREN
Describe the Organization's Program Activity:
Part 3
PROVIDING A SAFE AND SUPPORTIVE ENVIRONMENT IN THE COMMUNITY SETTING WITH A COMPETITIVE NON-DISCRIMINATORY SWIM TEAM FOR CHILDREN AGES 6 - 19. PRACTICE IS OFFERED SEPTEMBER - JULY ANNUALLY WITH SWIM MEETS FROM OCTOBER - JULY.
THE CLUB SPONSORS SOCIAL GATHERINGS TO ENCOURAGE MEMBERS TO COLLECT DONATIONS SUCH AS TOYS AND FOOD FOR COMMUNITY PROGRAMS. THIS IS DONE DURING THE WINTER HOLIDAYS, MARCH AND AUGUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Shi President | 10 | $0 | |
Mary Alvarado Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $135,760 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,760 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,661 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,439 |
| Total expenses | $114,850 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,642 |
| Other assets | $0 |
| Total assets | $46,642 |
| Total liabilities | $0 |
| Net assets or fund balances | $46,642 |