Highbridge Aquatics Inc is located in Lexington, KY. 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. Highbridge Aquatics 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 08/2023, Highbridge Aquatics Inc generated $157.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $149.2k during the year ending 08/2023. While expenses have increased by 0.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
AROUND 60 PARTICIPANTS IN COMPETITIVE SWIMMING PROGRAM.EACH PARTICIPANT IMPROVED BOTH THEIR STROKE MECHANICSAS WELL AS COMPETITIVE SWIM TIMES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Lee President | 2 | $0 | |
Bobby Livesay Treasurer | 2 | $0 | |
Summer Nelson Secretary | 2 | $0 | |
Quint Tatro Member At Large | 2 | $0 | |
Ashley Campbelll Member At Large | 2 | $0 | |
Jason Delong Member At Large | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $124,150 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,271 |
| Other Revenue | $0 |
| Total Revenue | $157,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,920 |
| Professional fees and other payments to independent contractors | $61 |
| Occupancy, rent, utilities, and maintenance | $41,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,215 |
| Total expenses | $149,196 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,445 |
| Other assets | $0 |
| Total assets | $16,525 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,525 |