Lone Oak Sharks Swim Team
- Assets
- $3.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nicholasville, KY
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-2818064
Organization Overview
Lone Oak Sharks Swim Team is located in Nicholasville, KY. The organization was established in 2017. 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. Lone Oak Sharks 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 12/2023, Lone Oak Sharks Swim Team generated $79.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $86.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 2 years. 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 |
|---|---|---|---|
Eva Foster Treasurer | 1 | $0 | |
Andrew Johns Chairman | 2 | $0 | |
Melissa Armstrong Secretary | 1 | $0 | |
Jennifer Vanderpool Vice President | 3 | $0 | |
Jenny Vanderpool Director | 1 | $0 | |
Anna Duncan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,733 |
| Total Program Service Revenue | $13,148 |
| Membership dues | $60,197 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,325 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,246 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,826 |
| Printing, publications, postage, and shipping | $26 |
| Other expenses | $17,932 |
| Total expenses | $86,030 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,055 |
| Other assets | $0 |
| Total assets | $3,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,865 |