Northern Virginia Nereids Synchronized Swim Team is located in Springfield, VA. The organization was established in 1992. 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. Northern Virginia Nereids Synchronized 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 08/2024, Northern Virginia Nereids Synchronized Swim Team generated $178.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $142.0k during the year ending 08/2024. While expenses have increased by 1.0% 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
2024
Describe the Organization's Program Activity:
Part 3
COACHED APPROXIMATELY 45 SWIMMERS AND DEVELOPED THEIR SKILLS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Austen Townsen President | 10 | $0 | |
Elena Radkova Head Coach | 20 | $13,576 | |
Erik Husbey Vice President | 5 | $0 | |
Lily Chen Treasurer | 7 | $0 | |
Rita Morandi Secretary | 5 | $0 | |
Hae Jin Choi At-Large | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,625 |
| Total Program Service Revenue | $0 |
| Membership dues | $170,308 |
| Investment income | $2,042 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,278 |
| Other Revenue | $0 |
| Total Revenue | $178,253 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,903 |
| Professional fees and other payments to independent contractors | $3,893 |
| Occupancy, rent, utilities, and maintenance | $62,894 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,316 |
| Total expenses | $142,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,955 |
| Other assets | $0 |
| Total assets | $141,955 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,955 |