James River Aquatic Club is located in Richmond, VA. The organization was established in 1982. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. James River Aquatic Club 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, James River Aquatic Club generated $81.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $64.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED 2,900 CHILDREN THE OPPORTUNITY TO PARTICIPATE IN COMPETITIVE SWIMMING AND DIVING. LARGEST EXPENSES ARE COSTS FOR CHAMPS AND INDIVIDUAL MEETS, AWARDS, SOFTWARE, INSURANCE AND SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Kevin White President  | 10 | $0 | |
Dinah Lee Mason VP Dive & Computer Secretary  | 20 | $0 | |
Anne Van Lenten VP Swim  | 20 | $0 | |
Kim Hynes Treasurer  | 10 | $0 | |
Heather Heishman Swim Computer Secretary  | 20 | $0 | |
Scott Derosier Past President  | 2 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 | 
| Total Program Service Revenue | $71,700 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $9,548 | 
| Other Revenue | $0 | 
| Total Revenue | $81,248 | 
| 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 | $3,500 | 
| Occupancy, rent, utilities, and maintenance | $899 | 
| Printing, publications, postage, and shipping | $2,228 | 
| Other expenses | $57,628 | 
| Total expenses | $64,255 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,894 | 
| Other assets | $0 | 
| Total assets | $59,894 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $59,894 |