Los Angeles Peninsula Swimmers Inc
- Assets
- $32.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 51-0613656
Organization Overview
Los Angeles Peninsula Swimmers Inc is located in Torrance, CA. The organization was established in 2007. 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. Los Angeles Peninsula Swimmers Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Los Angeles Peninsula Swimmers Inc generated $97.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $108.5k during the year ending 12/2023. While expenses have increased by 8.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS A MEMBER CLUB OF THE SOUTHERN PACIFIC MASTERS ASSOCIATIONAND HAS PARTICIPATED IN LOCAL & REGIONAL SWIMMING COMPETITIONS WITH OTHER SIMILAR CLUBS.ENVIRONMENT WHERE MEMBERS CAN IMPROVE THEIR HEALTH, FITNESS, SWIMMING TECHNICS AND SOCIALIZE AMONGST THEMSELVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Linkletter President | 5 | $0 | |
David Glassman Treasurer | 2 | $0 | |
Mary Donlevy Member At Large | 1 | $0 | |
Charley Raine Member At Large | 1 | $0 | |
Laurie Ayoob Member At Large | 1 | $0 | |
Cindy Ngo Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $72,096 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,595 |
| Total expenses | $108,491 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,670 |
| Other assets | $0 |
| Total assets | $32,670 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,670 |