Portland Porpoise Swim Club
- Assets
- $21.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 9
- Location
- Portland, ME
- Founding
- 03/1992
- Data as of
- 07/2023
- EIN
- 22-3131665
Organization Overview
Portland Porpoise Swim Club is located in Portland, ME. The organization was established in 1992. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 07/2023, Portland Porpoise Swim Club employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Porpoise Swim Club 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 07/2023, Portland Porpoise Swim Club generated $145.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $257.8k during the year ending 07/2023. 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 Program Activity:
Part 3
SWIM INSTRUCTION: PPSC HOLDS 4-5 SWIM PRACTICE SESSIONS PER DAY 6 DAYS PER WEEK FOR VARIOUS SKILL LEVELS AS WELL AS PARTICIPATION IN COMPETITIVE SWIM MEETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Gorsuch President | 10 | $0 | |
Phil Napolitano Treasurer | 10 | $0 | |
Allison Maurer Registrar | 10 | $0 | |
Bruce Shields Officials Lead | 5 | $0 | |
Erin Gagnon Programs | 5 | $0 | |
Eric Snyder Legal | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $138,056 |
| Membership dues | $0 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,132 |
| Other Revenue | $608 |
| Total Revenue | $145,858 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $105,823 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $151,951 |
| Total expenses | $257,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,132 |
| Other assets | $0 |
| Total assets | $21,132 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,132 |