Paducah Swimming Incorporated
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Paducah, KY
- Founding
- 08/1995
- Data as of
- 08/2023
- EIN
- 61-1284218
Organization Overview
Paducah Swimming Incorporated is located in Paducah, KY. The organization was established in 1995. 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. As of 08/2023, Paducah Swimming Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paducah Swimming Incorporated 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, Paducah Swimming Incorporated generated $103.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $112.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PADUCAH SWIMMING, INCORPORATED SPONSORS AND PARTICIPATES IN SWIM MEETS AROUND THE WESTERN KENTUCKY AREA. THESE MEETS HELP YOUTH TO PREPARE FOR OLYMPIC TRYOUTS AND BUILDS GOOD CITIZENSHIP, SELF-DISCIPLINE, AND IMPROVES THE HEALTH OF THE AREA YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Stephens President | 3 | $0 | |
Jason Martin Vice President | 0 | $0 | |
Brittany Wessels Treasurer | 5 | $0 | |
Terry Pagel At Large - 2 Year | 0 | $0 | |
Rhonda Sokolik Secretary | 1 | $0 | |
Malorie Bohannon At Large - 1 Year | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,464 |
| Total Program Service Revenue | $16,416 |
| Membership dues | $61,204 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,073 |
| Other Revenue | $0 |
| Total Revenue | $103,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,937 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $45,124 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,620 |
| Total expenses | $112,681 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,995 |
| Other assets | $0 |
| Total assets | $17,470 |
| Total liabilities | $1,762 |
| Net assets or fund balances | $15,708 |