Oaktree Sharks Swim Team is located in San Jose, CA. 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. Oaktree Sharks Swim Team is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Oaktree Sharks Swim Team generated $32.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $34.1k during the year ending 12/2022. 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
501(C)7 SOCIAL AND RECREATIONAL SUMMER SWIM TEAM
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Sechrist President | 11 | $0 | |
Jennifer Siress-Mccelleis Treasurer | 10 | $0 | |
George Geronimo Secretary | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $32,727 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,727 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,741 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $7,750 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,128 |
| Total expenses | $34,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,298 |
| Other assets | $0 |
| Total assets | $6,298 |
| Total liabilities | $75 |
| Net assets or fund balances | $6,223 |