Baraboo Riptide Swim Team Inc
- Assets
- $51.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Baraboo, WI
- Founding
- 01/1997
- Data as of
- 12/2019
- EIN
- 39-1864626
Organization Overview
Baraboo Riptide Swim Team Inc is located in Baraboo, WI. The organization was established in 1997. 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. Baraboo Riptide Swim Team 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 12/2019, Baraboo Riptide Swim Team Inc generated $32.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $34.2k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
SUMMER RECREATIONAL SWIM TEAM FOR CHILDREN AGES 5 TO 18 IN THE BARABOO AREA. SWIMMERS RECEIVE COACHING ON STROKE TECHNIQUE, SPORTMANSHIP, AND COMPETITION TECHNIQUES. WE PARTICIPATE IN 7 DUAL MEETS IN THE SUMMER AND IN A CHAMPIONSHIP MEET THE LAST WEEKEND IN JULY. WE ALSO OFFER AN OPTIONAL SPRING SWIM CLINIC FOR THE TWO MONTHS PRIOR TO OUR SUMMER SEASON. APPROXIMATELY 120 SWIMMERS PARTICIPATE EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michele Henry Co President | 1 | $0 | |
Jason Laux Co President | 1 | $0 | |
Mindy Peterson Treasurer | 1 | $0 | |
Katy Carter Secretary | 1 | $0 | |
Angela Gneiser Member | 1 | $0 | |
Chris Hamm Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,022 |
| Total Program Service Revenue | $23,480 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4,015 |
| Total Revenue | $32,063 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,859 |
| Professional fees and other payments to independent contractors | $1,387 |
| Occupancy, rent, utilities, and maintenance | $7,943 |
| Printing, publications, postage, and shipping | $1,694 |
| Other expenses | $8,303 |
| Total expenses | $34,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,024 |
| Other assets | $0 |
| Total assets | $51,024 |
| Total liabilities | $828 |
| Net assets or fund balances | $50,196 |