United States Masters Swimming Inc is located in Seal beach, CA. The organization was established in 1985. 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 a subordinate organization within an affiliated group for tax-exemption purposes. United States Masters 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 12/2022, United States Masters Swimming Inc generated $63.0k 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 (3.9%) each year. All expenses for the organization totaled $59.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES A VENUE FOR RECREATIONAL AND COMPETITIVE SWIMMING IN SOUTHERN CALIFORNIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Eberwine Treasurer | 10 | $0 | |
Judith Devan Registrar | 5 | $0 | |
Mark Moore Chairman | 10 | $0 | |
Dana Lamar Secretary | 5 | $0 | |
Becky Cleavenger Member At Large | 5 | $0 | |
Ken Brisbin Vice Chair | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,927 |
Total Program Service Revenue | $55,997 |
Membership dues | $0 |
Investment income | $30 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,954 |
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 | $12,660 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $29,608 |
Total expenses | $59,803 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $191,924 |
Other assets | $0 |
Total assets | $191,924 |
Total liabilities | $0 |
Net assets or fund balances | $191,924 |