Aquafest Association Of Lake Stevens is located in Lake Stevens, WA. The organization was established in 1985. According to its NTEE Classification (C03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aquafest Association Of Lake Stevens is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 08/2023, Aquafest Association Of Lake Stevens generated $100.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $109.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 6 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
MISS AQUAFESTSCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Jaconson Member | 1 | $0 | |
Mariah Low President | 7 | $0 | |
Rachele Horner Secretary | 1 | $0 | |
Dixie Behn Vice President | 1 | $0 | |
Lisa Beazer Treasurer | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,151 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $45,240 |
| Total Revenue | $100,429 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $985 |
| Occupancy, rent, utilities, and maintenance | $36,341 |
| Printing, publications, postage, and shipping | $5,603 |
| Other expenses | $65,137 |
| Total expenses | $108,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $114,555 |
| Other assets | $0 |
| Total assets | $120,828 |
| Total liabilities | $11,240 |
| Net assets or fund balances | $109,588 |