Delaware Riptide Aquatics Swim Team Inc
- Assets
- $7.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, DE
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 51-0372921
Organization Overview
Delaware Riptide Aquatics Swim Team Inc is located in Middletown, DE. 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. Delaware Riptide Aquatics 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 12/2022, Delaware Riptide Aquatics Swim Team Inc generated $23.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $21.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OUR SWIM TEAM GREW TO 79 SWIMMERS FOR THE 2022 SWIMMERS. WE COMPETED AT 8 EVENTS AND COACHED OUR SWIMMERS OVER 200 HOURS THIS SEASON. THE COMMUNITY BENEFIT WAS COMMENTED ON BY OUR PARENTS AND OTHER COMMUNITY MEMBERS. WE ARE A SUMMER PROGRAM SUPPORTED ENTIRELY BY DUES PAID BY THE FAMILIES THAT SWIM AND FUNDRAISERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Bond President | 5 | $0 | |
Conor Bradley Assistant Coach | 0 | $3,707 | |
Melissa Reb Treasurer | 0 | $0 | |
Alexis Bailey VP | 0 | $0 | |
Kimberly Weismiller VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,375 |
| Total Program Service Revenue | $16,775 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,774 |
| Other Revenue | $0 |
| Total Revenue | $23,924 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,532 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,340 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,548 |
| Total expenses | $21,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,460 |
| Other assets | $0 |
| Total assets | $7,460 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,460 |