Watford City Swim Team Inc
- Assets
- $70.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watford City, ND
- Founding
- 02/2019
- Data as of
- 08/2022
- EIN
- 81-4364977
Organization Overview
Watford City Swim Team Inc is located in Watford City, ND. The organization was established in 2019. 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. Watford City 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, Watford City Swim Team Inc generated $35.0k 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 (20.4%) each year. All expenses for the organization totaled $23.1k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (20.9%) per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
AIMING TO DEVELOP OUR SWIMMERS TO BE TECHNICALLY, PHYSICALLY, & MENTALLY PREPARED TO ACHIEVE ALL THEIR GOALS IN & OUT OF THE WATER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Sensenig Member-At-Large | 20 | $0 | |
Stephany Moon Member-At-Large | 20 | $0 | |
Jeni Shold Member-At-Large | 20 | $0 | |
Andrea Ericksen Member-At-Large | 20 | $0 | |
Else-Marie Westmen Member-At-Large/head Coach | 20 | $5,163 | |
Tiffany Preszler Member-At-Large | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,326 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,124 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $543 |
| Total Revenue | $34,993 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,015 |
| Professional fees and other payments to independent contractors | $75 |
| Occupancy, rent, utilities, and maintenance | $5,643 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $9,375 |
| Total expenses | $23,131 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,242 |
| Other assets | $0 |
| Total assets | $70,242 |
| Total liabilities | $73 |
| Net assets or fund balances | $70,169 |