Glacier Swim Club Inc
- Assets
- $473.8k
- Revenue
- $382.6k
- Investments
- $0.0
- Employees
- 32
- Location
- Juneau, AK
- Founding
- 09/1982
- Data as of
- 05/2022
- EIN
- 92-0076485
Organization Overview
Glacier Swim Club Inc is located in Juneau, AK. The organization was established in 1982. 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 05/2022, Glacier Swim Club Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glacier Swim Club 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 05/2022, Glacier Swim Club Inc generated $382.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $332.0k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THE OPPORTUNITY FOR YOUTH TO TRAIN AND COMPETE IN THE SPORT OF SWIMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THE OPPORTUNITY FOR YOUTH TO TRAIN AND COMPETE IN THE SPORT OF SWIMMING. SERVES 201 YOUTH IN GRADES KINDERGARTEN THROUGH HIGH SCHOOL GRADUATION.
PROVIDE THE OPPORTUNITY FOR ADULTS TO TRAIN AND COMPETE IN THE SPORT OF SWIMMING. SERVES 55 ADULTS ANNUALLY.
PROVIDE SWIM LESSONS FOR THE JUNEAU SCHOOL DISTRICT TO ALL FOURTH GRADERS (APPROXIMATELY 400 STUDENTS) IN THE CITY AND BOROUGH OF JUNEAU SCHOOL SYSTEM. A LEARN TO SWIM PROGRAM FOR WATER SAFETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Griffith Head Coach | OfficerTrustee | 40 | $85,375 |
Audrey Rasmussen Board Presid | Officer | 1 | $0 |
Mark Mesdag Board Treasu | Officer | 1 | $0 |
Robert Foy Board Vice P | Officer | 1 | $0 |
Jennifer Jenkins Board Secret | Officer | 1 | $0 |
Crystal Koenemen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $168,671 |
| Fundraising events | $88,933 |
| Related organizations | $0 |
| Government grants | $52,497 |
| All other contributions, gifts, grants, and similar amounts not included above | $505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,606 |
| Total Program Service Revenue | $67,210 |
| Investment income | $4,727 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $24 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $382,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,407 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $99,159 |
| Compensation of current officers, directors, key employees. | $29,748 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $85,629 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,082 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,185 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,214 |
| Travel | $32,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,258 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,166 |
| Insurance | $6,706 |
| All other expenses | $0 |
| Total functional expenses | $332,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $241,836 |
| Savings and temporary cash investments | $190,509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,997 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,091 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $473,779 |
| Accounts payable and accrued expenses | $14,177 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $87,059 |
| Total liabilities | $101,236 |
| Net assets without donor restrictions | $372,543 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $473,779 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Glacier Swim Club Inc has recieved totaling $317.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $317 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |
Everett Rowing Association Everett, WA | $460,272 | $556,877 |