Bam Swim Team is located in Boulder, CO. The organization was established in 2000. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Bam Swim Team employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bam 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, Bam Swim Team generated $171.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $138.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
BAM ORGANIZES AND PROVIDES COACHING FOR DAILY ADULT SWIM WORKOUTS AT PUBLIC RECREATION FACILITIES IN THE GREATER BOULDER, COLORADO AREA. BAM SERVES MORE THAN 300 MEMBERS AND GUESTS ANNUALLY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhys Campbell President | 3 | $0 | |
Rob Humphrey Vice Preside | 0.8 | $0 | |
Daniel Zweers Treasurer | 3 | $0 | |
Meghan Varner Secretary | 3 | $0 | |
Mike Ellis Member At La | 3 | $0 | |
Cilla Crocker Member At La | 0.2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,224 |
| Total Program Service Revenue | $165,764 |
| Membership dues | $0 |
| Investment income | $453 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $171,441 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,411 |
| Professional fees and other payments to independent contractors | $17,488 |
| Occupancy, rent, utilities, and maintenance | $64,329 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $17,698 |
| Total expenses | $138,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,800 |
| Other assets | $0 |
| Total assets | $109,634 |
| Total liabilities | $0 |
| Net assets or fund balances | $109,634 |