Admiral Heights Swim Club Inc is located in Annapolis, MD. The organization was established in 1958. 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. Admiral Heights Swim Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Admiral Heights Swim Club Inc generated $152.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $118.5k during the year ending 12/2022. While expenses have increased by 4.8% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
NON-PROFIT ASSOCIATION OPERATED EXCLUSIVELY FOR SOCIALWELFARE AND SWIM TEAM ACTIVITIES FOR YOUTHS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Ellis President | 0.25 | $0 | |
Regina Pendry Vice-President | 0.25 | $0 | |
Phyllis Cullum Secretary | 0.25 | $0 | |
Robin Barbrick Treasurer | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $99,301 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $53,326 |
| Total Revenue | $152,628 |
| 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 | $53,447 |
| Occupancy, rent, utilities, and maintenance | $40,360 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,700 |
| Total expenses | $118,507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,713 |
| Other assets | $0 |
| Total assets | $395,538 |
| Total liabilities | $0 |
| Net assets or fund balances | $395,538 |