David Douglas Aquatics Club is located in Portland, OR. 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. David Douglas Aquatics 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 08/2023, David Douglas Aquatics Club generated $142.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 69.9% each year . All expenses for the organization totaled $128.1k during the year ending 08/2023. 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
INSTRUCTION AND COMPETITIVE SWIMMING PROGRAM FOR APPROXIMATELY 130 CHILDREN IN THE COMMUNITY, FIVE DAYS A WEEK, YEAR ROUND.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Bowe President | 22 | $17,725 | |
Anna Schwam Vice President | 4 | $0 | |
Robin Young Treasurer | 4 | $0 | |
Karie Lippert Secretary | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $687 |
| Total Program Service Revenue | $26,816 |
| Membership dues | $90,418 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,782 |
| Other Revenue | $729 |
| Total Revenue | $142,454 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,588 |
| Salaries, other compensation, and employee benefits | $64,812 |
| Professional fees and other payments to independent contractors | $23,059 |
| Occupancy, rent, utilities, and maintenance | $23,299 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,301 |
| Total expenses | $128,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,926 |
| Other assets | $0 |
| Total assets | $57,227 |
| Total liabilities | $18,861 |
| Net assets or fund balances | $38,366 |