Kings Ridge Swim Club Inc
- Assets
- $422.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 05/1977
- Data as of
- 12/2022
- EIN
- 54-1031637
Organization Overview
Kings Ridge Swim Club Inc is located in Fairfax, VA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kings Ridge 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, Kings Ridge Swim Club Inc generated $141.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $123.8k during the year ending 12/2022. While expenses have increased by 15.3% per year over the past 4 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
THE SWIM CLUB PROVIDES SWIMMING POOL SERVICES TO ITS OVER 200 FAMILY, COUPLE, AND INDIVIDUAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | 5 | $0 | |
Name Not Listed Vice President | 5 | $0 | |
Name Not Listed Secretary | 5 | $0 | |
Name Not Listed Swim Club Treasurer And Membership Representative | 5 | $0 | |
Name Not Listed Swim Team Treasurer | 5 | $0 | |
Name Not Listed Swim Team Representative | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,446 |
| Total Program Service Revenue | $0 |
| Membership dues | $121,937 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,966 |
| Total Revenue | $141,034 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $124 |
| Salaries, other compensation, and employee benefits | $43,999 |
| Professional fees and other payments to independent contractors | $18,023 |
| Occupancy, rent, utilities, and maintenance | $42,643 |
| Printing, publications, postage, and shipping | $313 |
| Other expenses | $18,648 |
| Total expenses | $123,750 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,674 |
| Other assets | $0 |
| Total assets | $422,174 |
| Total liabilities | $130,305 |
| Net assets or fund balances | $291,869 |