Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool
- Assets
- $301.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 03/1979
- Data as of
- 05/2023
- EIN
- 51-0233884
Organization Overview
Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool is located in Arlington, VA. The organization was established in 1979. 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. Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool 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 05/2023, Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool generated $158.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $79.4k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
THE MONEY EARNED FROM ANNUAL REGISTRATION FEES TO SWIMMERS, HOSTING SWIM MEETS, AND OTHER FEES CHARGED TO SWIMMERS IS USED TO COVER THE COSTS OF OPERATING THE DEVELOPMENTAL AND COMPETITIVE SWIM PROGRAMS. THE SIGNIFICANT COSTS OF OPERATIONS INCLUDE SWIM MEET ENTRY FEES, WHICH WERE APPROXIMATELY 34 OF TOTAL COSTS, AND USA SWIMMING REGISTRATION FEES, WHICH WERE APPROXIMATELY 29OF TOTAL COSTS, SWIMMER AND COACHES APPAREL, WHICH WERE ABOUT 18 OF TOTAL COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Black Director | 1 | $0 | |
Adam Kress Treasurer | 5 | $0 | |
Bradley Hughes President | 2 | $0 | |
Bud Roth Director | 1 | $0 | |
Michael Mccarthy Director | 1 | $0 | |
Meggie Scogna Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,439 |
| Total Program Service Revenue | $15,706 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $158,145 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $79,369 |
| Total expenses | $79,369 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,378 |
| Other assets | $0 |
| Total assets | $301,256 |
| Total liabilities | $200 |
| Net assets or fund balances | $301,056 |