Lone Star Swim Team
- Assets
- $362.6k
- Revenue
- $420.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 05/2003
- Data as of
- 12/2023
- EIN
- 41-2052380
Organization Overview
Lone Star Swim Team is located in Houston, TX. The organization was established in 2003. 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. Lone Star Swim Team 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 12/2023, Lone Star Swim Team generated $420.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $279.6k during the year ending 12/2023. While expenses have increased by 0.6% per year over the past 5 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
My Lan Duong President | 0 | $0 | |
Jill Wilson Vice Preside | 0 | $0 | |
Hahn Nguyen Treasurer | 0 | $0 | |
Douglas Mcgee Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,252 |
| Interest on Savings | $20 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $403,140 |
| Total Revenue | $420,412 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $100,873 |
| Pension plans, employee benefits | $7,917 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $661 |
| Occupancy | $26,382 |
| Travel, conferences, and meetings | $316 |
| Printing and publications | $0 |
| Other expenses | $143,138 |
| Total operating and administrative expenses | $279,587 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $279,587 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,653 |
| Savings and temporary cash investments | $274,255 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $660 |
| Other assets | $0 |
| Total assets | $362,568 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lone Star Swim Team has awarded $1,400 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WINCHESTER SWIM TEAM PURPOSE: TO FUND CHARITABLE ACTIVITIES | $400 |
WORTHAM WHITESHARKS SWIM TEAM PURPOSE: TO FUND CHARITABLE ACTIVITIES | $500 |
JERSEY VILLAGE STARS SWIM TEAM INC PURPOSE: TO FUND CHARITABLE ACTIVITIES | $500 |