Watertown Area Swim Club

Organization Overview

Watertown Area Swim Club is located in Watertown, SD. The organization was established in 1977. 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 08/2022, Watertown Area Swim Club employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Watertown Area Swim Club 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 08/2022, Watertown Area Swim Club generated $252.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $253.2k during the year ending 08/2022. While expenses have increased by 6.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE COMPETITIVE SWIMMING INSTRUCTION

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE INSTRUCTION TO YOUTH FOR COMPETITIVE SWIMMING AT THE STATE AND NATIONAL LEVEL


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Board, Officers & Key Employees

Name (title)Compensation
Donna Bierschbach
Executive Director
$24,100
Kris Lauseng
Vice President
$0
Julie Kranz
Secretary
$0
Josh Hoftiezer
President
$0
Dorothy Mcareavey
Treasurer
$0
Dave Greenman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$111,503
Fundraising events$45,903
Related organizations$0
Government grants $13,260
All other contributions, gifts, grants, and similar amounts not included above$12,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$183,181
Total Program Service Revenue$76,476
Investment income $497
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$5,434
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$2,034
Miscellaneous Revenue$0
Total Revenue $252,686

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Watertown Area Swim Club has recieved totaling $11,000.

Awarding OrganizationAmount
Watertown Area United Way

Watertown, SD

PURPOSE: YOUTH SPORTS

$11,000
View Grant Recipient Profile

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