Arcadia Riptides Swim Club
- Assets
- $131.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 03/2003
- Data as of
- 12/2021
- EIN
- 03-0396549
Organization Overview
Arcadia Riptides Swim Club is located in Arcadia, CA. The organization was established in 2003. 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. Arcadia Riptides 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 12/2021, Arcadia Riptides Swim Club generated $194.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $163.1k during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ALTHLETIC AND SPORTING EVENTS SUCH AS SWIMMING LESSONS TO THE YOUTH OF THE SORROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Lau President | 3 | $0 | |
Helen Tang Treasurer | 3 | $0 | |
Sylvia Lew Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,275 |
| Total Program Service Revenue | $7,656 |
| Membership dues | $161,125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,165 |
| Total Revenue | $194,221 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,301 |
| Professional fees and other payments to independent contractors | $730 |
| Occupancy, rent, utilities, and maintenance | $48,701 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,392 |
| Total expenses | $163,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,578 |
| Other assets | $0 |
| Total assets | $131,578 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,578 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Arcadia Riptides Swim Club has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |