League City Swim Team
- Assets
- $47.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- League City, TX
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 20-3884372
Organization Overview
League City Swim Team is located in League City, TX. The organization was established in 2007. 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. League City Swim Team 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 12/2022, League City Swim Team generated $62.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $55.7k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
THE LEAGUE CITY BARRACUDA SWIM TEAM ACHIEVED IT'S GOAL OF PROVIDING A COMPETITIVE TEAM FOR THE PROMOTION, GROWTH, TRAINING, ENJOYMENT, GOOD SPORTSMANSHIP, AND PARTICIPATION OF YOUNG WOMEN AND MEN WHO WISH TO COMPETE IN CLEAR CREEK SWIM LEAGUE. APPROXIMATELY 250 CHILDREN AND YOUTH BENEFIT FROM THIS PROGRAM ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefani Taylor President | 20 | $0 | |
Cherie Oubre Treasurer | 10 | $0 | |
Lauren Estes Clerk | 20 | $0 | |
Robin Ethridge Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,446 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,938 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,375 |
| Other Revenue | $0 |
| Total Revenue | $62,759 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,775 |
| Occupancy, rent, utilities, and maintenance | $4,512 |
| Printing, publications, postage, and shipping | $1,604 |
| Other expenses | $21,007 |
| Total expenses | $55,698 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,833 |
| Other assets | $0 |
| Total assets | $47,833 |
| Total liabilities | $0 |
| Net assets or fund balances | $47,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |
Metroplex Aquatics Allen, TX | $207,807 | $1,113,321 |
City Of Plano Swimmers Inc Plano, TX | $1,713,838 | $1,678,096 |