Jonesboro Jets Swim Team Inc
- Assets
- $40.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jonesboro, AR
- Founding
- 04/1994
- Data as of
- 08/2022
- EIN
- 71-0740622
Organization Overview
Jonesboro Jets Swim Team Inc is located in Jonesboro, AR. The organization was established in 1994. 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. Jonesboro Jets Swim Team Inc 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 08/2022, Jonesboro Jets Swim Team Inc generated $172.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $195.5k during the year ending 08/2022. While expenses have increased by 10.9% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Moore Head Coach And CEO | 40 | $52,500 | |
Christina Forrester Treasurer | 25 | $1,800 | |
Jim Rose President | 12 | $0 | |
Katie Mcgaha Vice-President | 5 | $0 | |
Scott Saunders Safe Sport Chair | 5 | $0 | |
Tim Byrd At Large | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,328 |
| Total Program Service Revenue | $910 |
| Membership dues | $69,385 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,900 |
| Other Revenue | $46,643 |
| Total Revenue | $172,197 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $109,082 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $13,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,979 |
| Total expenses | $195,461 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,030 |
| Other assets | $0 |
| Total assets | $40,108 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,108 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jonesboro Jets Swim Team Inc has recieved totaling $86.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $86 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |