Franklin Farm Swim Team
- Assets
- $66.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Herndon, VA
- Founding
- 07/2007
- Data as of
- 08/2023
- EIN
- 54-1498440
Organization Overview
Franklin Farm Swim Team is located in Herndon, VA. 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. Franklin Farm Swim Team 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 08/2023, Franklin Farm Swim Team generated $71.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $55.4k during the year ending 08/2023. While expenses have increased by 0.7% 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
2023
Describe the Organization's Program Activity:
Part 3
SUMMER AND WINTER RECREATIONAL / COMPETITIVE SWIM PROGRAM FOR YOUTHS AGE 5-18. THIS PROGRAM IS FOR RESIDENTS AND POOL MEMBERS OF THE FRANKLIN FARM SUBDIVISION IN FAIRFAX COUNTY, VA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Carroll President | 2 | $0 | |
Heather Scott Vice President | 2 | $0 | |
Dana Metzger Treasurer | 2 | $0 | |
Lindsay Blanchard Secretary | 2 | $0 | |
Brent Newell Team Representative | 2 | $0 | |
Jason Flickinger League Representative | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,177 |
| Total Program Service Revenue | $0 |
| Membership dues | $60,439 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,218 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,108 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,620 |
| Printing, publications, postage, and shipping | $126 |
| Other expenses | $22,541 |
| Total expenses | $55,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,063 |
| Other assets | $0 |
| Total assets | $66,063 |
| Total liabilities | $98 |
| Net assets or fund balances | $65,965 |