Cypress Gardens Water Ski Team Inc
- Assets
- $159.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Haven, FL
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 39-2079179
Organization Overview
Cypress Gardens Water Ski Team Inc is located in Winter Haven, FL. The organization was established in 2014. 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. Cypress Gardens Water Ski 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 12/2021, Cypress Gardens Water Ski Team Inc generated $120.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $82.3k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE CYPRESS GARDENS WATER SKI TEAM WAS FORMED BY FORMER WATERSKIERS FROM CYPRESS GARDENS WHO WANT TO PASS ON SHOW SKIING LEGACY TO THE NEXT GENERATION. SEE ATTACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Dershimer Director | 15 | $0 | |
Derek Camann Director | 2 | $0 | |
Shaune Stoskopf Vice-President | 10 | $0 | |
Taylor Voisard Director | 2 | $0 | |
Name Not Listed Director | 2 | $0 | |
Mark Voisard President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,477 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,785 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,218 |
| Other Revenue | $39,885 |
| Total Revenue | $120,373 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,135 |
| Other expenses | $77,459 |
| Total expenses | $82,344 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,022 |
| Other assets | $0 |
| Total assets | $159,052 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,052 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cypress Gardens Water Ski Team Inc has recieved totaling $10,061.
| Awarding Organization | Amount |
|---|---|
Wawa Foundation Inc Wawa, PA PURPOSE: TO SUPPORT THE FOUNDATION PROGRAM INITIATIVES | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Masters Swimming Inc Sarasota, FL | $7,327,632 | $3,454,621 |
Usa Water Ski & Wake Sports Inc Auburndale, FL | $1,442,821 | $1,825,367 |
Usa Swimming Inc Minneola, FL | $982,345 | $1,492,508 |
Sarasota Crew Inc Osprey, FL | $3,089,613 | $2,511,291 |
Water Sports Foundation Inc Orlando, FL | $355,212 | $1,138,831 |
Huntsville Swim Association Huntsville, AL | $601,008 | $1,169,266 |
Sarasota Sharks Incorporated Sarasota, FL | $1,254,329 | $1,187,905 |
Athens Bulldog Swim Club Inc Hull, GA | $405,540 | $725,242 |
Palm Beach Sailing Club Inc West Palm Beach, FL | $1,088,323 | $782,714 |
Coconut Grove Sailing Club Instructional Center Inc Miami, FL | $284,549 | $710,117 |
Sarasota Sailing Squadron Inc Sarasota, FL | $2,108,235 | $790,673 |
The Chastain Park Athletic Club Inc Atlanta, GA | $522,043 | $805,650 |