Usa Swimming Inc
- Assets
- $576.0k
- Revenue
- $867.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Wall, NJ
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 31-1012857
Organization Overview
Usa Swimming Inc is located in Wall, NJ. 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. As of 12/2021, USA Swimming Inc employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. USA Swimming 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 12/2021, USA Swimming Inc generated $867.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $916.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP THE SPORT OF SWIMMING THROUGH LEADERSHIP AND EXCELLENCE. PROVIDE A FORUM FOR ALL SWIMMERS TO ENCOURAGE THEM TO ACHIEVE THEIR GOALS AND ADVANCE TO A HIGHER LEVEL. ENOURAGE THE DEVELOPMENT OF SPORTSMANSHIP AND LEADERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEES, TRANSPORTATION, HOUSING, MEALS, TRAINING FACILITIES AND UNIFORM EXPENSES FOR TEAMS OF ATHLETES REPRESENTING NEW JERSEY SWIMMING AT THE ANNUAL SPRING AND SUMMER ZONE CHAMPIONSHIPS
OLYMPIC, NATIONAL AND SECTIONAL MEET SUPPORT AND PARTIAL ASSISTANCE GIVEN TO CLUB MEMBERS FOR PARTICIPATION AT OLYMPIC, NATIONAL AND SECTIONAL MEETS PROVIDED THAT THE ATHLETES FULFILLS THE WRITTEN REQUIREMENTS OF NJ SWIMMING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tristan Formon General Chair | OfficerTrustee | 20 | $0 |
Pat Collins Junior Coach Representative | OfficerTrustee | 5 | $0 |
Derek Vheng Junior Athlete Representative | OfficerTrustee | 5 | $0 |
Deuel Stephens Diversity, Equality | OfficerTrustee | 5 | $0 |
Nicole Cicalo-Decaro Age Group Vice Chair | OfficerTrustee | 5 | $0 |
Alessandra Abrijon Sr Athlete Rep | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $639,016 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $639,016 |
| Total Program Service Revenue | $224,500 |
| Investment income | $3,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $866,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $15,744 |
| Information technology | $923 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,150 |
| Interest | $0 |
| Payments to affiliates | $796,027 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $493 |
| All other expenses | $0 |
| Total functional expenses | $916,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,387 |
| Savings and temporary cash investments | $479,644 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $576,031 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $576,031 |
| Total liabilities and net assets/fund balances | $576,031 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Saltaire Yacht Club Inc Franklin Square, NY | $2,486,867 | $986,689 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Nomahegan Swim Club Westfield, NJ | $1,955,204 | $1,200,408 |
Usa Swimming Inc Wall, NJ | $576,031 | $866,958 |