Hillsboro Swim Team
- Assets
- $322.1k
- Revenue
- $532.9k
- Investments
- $0.0
- Employees
- 9
- Location
- Hillsboro, OR
- Founding
- 03/1998
- Data as of
- 12/2021
- EIN
- 93-0936464
Organization Overview
Hillsboro Swim Team is located in Hillsboro, OR. The organization was established in 1998. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Hillsboro Swim Team employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillsboro Swim Team 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 12/2021, Hillsboro Swim Team generated $532.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $550.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING COACHING AND TEACHING SWIMMING TO CHILDREN AGES 5 - 25. THE CHILDREN COMPETE IN VARIOUS LOCAL AND NATIONAL COMPETITIVE SWIM MEETS. THIS SWIMMING PROGRAM BENEFITS THE COMMUNITY AND FOSTERS NATIONAL AMATEUR SWIMMING COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COACHING AND TEACHING SWIMMING TO CHILDREN AGES 5 - 25. THE SWIM TEAM BENEFITED ON AVERAGE 170 SWIMMERS DURING 2021. THEY COMPETED IN VARIOUS LOCAL AND NATIONAL COMPETITIVE SWIM MEETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cullette Sommers President | OfficerTrustee | 5 | $0 |
Julie Leach Vice President | OfficerTrustee | 1 | $0 |
Chad Vassallo Secretary | OfficerTrustee | 1 | $0 |
Susan Shanley Mcdonald Tresurer | OfficerTrustee | 5 | $0 |
Aaron Leatherwood Member At Large | Trustee | 1 | $0 |
Balta Ruiz Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $221,146 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,972 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,118 |
| Total Program Service Revenue | $225,763 |
| Investment income | $114 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,858 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $532,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $4,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,697 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,263 |
| Advertising and promotion | $0 |
| Office expenses | $460 |
| Information technology | $3,021 |
| Royalties | $0 |
| Occupancy | $46,314 |
| Travel | $112,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,500 |
| Insurance | $2,174 |
| All other expenses | $28,433 |
| Total functional expenses | $550,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,744 |
| Savings and temporary cash investments | $241,648 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,750 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $322,142 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,277 |
| Total liabilities | $8,277 |
| Net assets without donor restrictions | $0 |
| 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 | $313,865 |
| Total liabilities and net assets/fund balances | $322,142 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hillsboro Swim Team has recieved totaling $14,358.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $14,251 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usta-Pacific Northwest Section Beaverton, OR | $10,364,483 | $7,064,482 |
Beverly Hills Tennis Club Inc Beverly Hills, CA | $2,309,166 | $2,797,755 |
Berkeley Tennis Club Berkeley, CA | $3,688,047 | $2,587,848 |
Belvedere Tennis Club Tiburon, CA | $4,399,407 | $2,534,693 |
Tennis Outreach Programs Of Puget Sound Kirkland, WA | $1,209,757 | $2,093,408 |
East Palo Alto Tennis And Tutoring Palo Alto, CA | $1,922,035 | $1,623,690 |
Marty Hennessy Inspiring Children Foundation Boulder City, NV | $2,001,454 | $2,553,075 |
Tacoma Lawn Tennis Club Tacoma, WA | $3,564,662 | $1,920,276 |
Rancho Bernardo Swim & Tennis Club San Diego, CA | $4,244,361 | $1,515,338 |
Boeing Employees Tennis Club Kent, WA | $5,472,900 | $1,706,359 |
Palos Verdes Tennis Foundation Palos Verdes Estates, CA | $870,836 | $1,783,286 |
Marin Tennis Club San Rafael, CA | $3,004,234 | $1,464,389 |