Wasilla Waves Swim Club
- Assets
- $55.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wasilla, AK
- Founding
- 04/1986
- Data as of
- 03/2022
- EIN
- 92-0111183
Organization Overview
Wasilla Waves Swim Club is located in Wasilla, AK. The organization was established in 1986. 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. Wasilla Waves Swim Club 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 03/2022, Wasilla Waves Swim Club generated $87.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $80.7k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
MAINTAINING MAXIMUM PARTICIPATION IN IN-STATE MEETS WHILE PROMOTING LIFE-LONG HEALTH HABITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Mcdonough President | 1 | $0 | |
Tanya Bell Vice President | 1 | $0 | |
Susan Rego Secretary | 1 | $0 | |
Jennifer Bamford Director | 1 | $0 | |
Cyndi Lysdahl Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,347 |
| Total Program Service Revenue | $0 |
| Membership dues | $66,238 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,289 |
| Other Revenue | $11,885 |
| Total Revenue | $87,839 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,240 |
| Professional fees and other payments to independent contractors | $3,625 |
| Occupancy, rent, utilities, and maintenance | $15,938 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $16,838 |
| Total expenses | $80,664 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,452 |
| Other assets | $0 |
| Total assets | $55,452 |
| Total liabilities | $2,443 |
| Net assets or fund balances | $53,009 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wasilla Waves Swim Club has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
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 |