Siouxland Sharks Swimming Club is located in Sioux City, IA. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siouxland Sharks Swimming 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, Siouxland Sharks Swimming Club generated $115.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $89.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $114,293 |
| Membership dues | $0 |
| Investment income | $824 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,159 |
| Professional fees and other payments to independent contractors | $3,000 |
| Occupancy, rent, utilities, and maintenance | $26,240 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,867 |
| Total expenses | $89,266 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,195 |
| Other assets | $0 |
| Total assets | $42,884 |
| Total liabilities | $1,223 |
| Net assets or fund balances | $41,661 |