Minnesota Synchronettes
- Assets
- $94.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayzata, MN
- Founding
- 05/2006
- Data as of
- 08/2022
- EIN
- 03-0566192
Organization Overview
Minnesota Synchronettes is located in Wayzata, MN. The organization was established in 2006. 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. Minnesota Synchronettes 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 08/2022, Minnesota Synchronettes generated $147.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $134.4k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 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
PROVISIONOFSYNCHRONIZEDSWIMMINGINSTRUCTIONTOYOUTHINTHEWESTMETROAREAOFMINNEAPOLIS:SERVED125YOUTHAGES7-19THROUGHLESSONS,SUMMERCLINICS,ANDPARTICIPATIONINLOCAL,REGIONAL,ANDNATIONALCOMPETITIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Steffen Adminstrator | 8 | $1,299 | |
Angela Schlender Secretary | 1 | $0 | |
Nicole Wothe Member At Large | 1 | $0 | |
Neil Kozlowicz Bookkeeper | 6 | $0 | |
James Steffen Member At Large | 1 | $0 | |
Jackie Brand Vice Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,393 |
| Total Program Service Revenue | $18,591 |
| Membership dues | $119,311 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,792 |
| Total Revenue | $147,372 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $24,666 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $76,515 |
| Occupancy, rent, utilities, and maintenance | $29,771 |
| Printing, publications, postage, and shipping | $267 |
| Other expenses | $3,192 |
| Total expenses | $134,411 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,115 |
| Other assets | $0 |
| Total assets | $94,115 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |
Ozaukee Aquatics Inc Cedarburg, WI | $165,542 | $738,005 |
Edina Swim Club Inc Edina, MN | $440,938 | $736,378 |
Eden Prairie Foxjet Swim Team Eden Prairie, MN | $301,926 | $531,103 |
Milwaukee Community Sailing Center Inc Milwaukee, WI | $2,878,635 | $633,926 |
Minneapolis Sailing Center Minneapolis, MN | $376,071 | $638,488 |