Los Almos Swim Team Incorporated
- Assets
- $60.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Los Alamos, NM
- Founding
- 05/1993
- Data as of
- 08/2023
- EIN
- 85-0202971
Organization Overview
Los Almos Swim Team Incorporated is located in Los Alamos, NM. The organization was established in 1993. 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. As of 08/2023, Los Almos Swim Team Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Almos Swim Team Incorporated 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, Los Almos Swim Team Incorporated generated $89.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $125.8k 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
MEET REGISTRATIONS: PROVIDE PAYMENT TO HOSTING TEAMS FOR ALL SWIM TEAM PARTICIPANTS IN ANY PARTICULAR MEET. NM SWIMMING REGISTRATIONS: PROVIDE PAYMENTS TO STATE AND NATIONAL LEVEL ORGANIZATIONS WHICH PROVIDE INSURANCE TO SWIMMERS AND TEAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anastasia Mclaughlin President | 0 | $0 | |
Karen Borovina Vice President | 3 | $0 | |
Laila Badran President | 3 | $0 | |
Jolynn Baily Treasurer | 10 | $0 | |
Catherine Snelson Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,288 |
| Total Program Service Revenue | $78,970 |
| Membership dues | $0 |
| Investment income | $67 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,731 |
| Other Revenue | $0 |
| Total Revenue | $89,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,810 |
| Professional fees and other payments to independent contractors | $7,633 |
| Occupancy, rent, utilities, and maintenance | $3,924 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,432 |
| Total expenses | $125,799 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,289 |
| Other assets | $0 |
| Total assets | $60,558 |
| Total liabilities | $1,436 |
| Net assets or fund balances | $59,122 |