Wellesley Swimming Association Inc is located in Sherborn, MA. The organization was established in 1991. 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. Wellesley Swimming Association 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 08/2021, Wellesley Swimming Association Inc generated $1.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $540.0 during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (57.9%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS ABLE TO PROVIDE A RECREATIONAL SWIMMING PROGRAM FOR APPROXIMATELY 180 CHILDREN, AGES 6-18, IN THE LOCAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rashmi Rajegowda Technology Director | 0 | $0 | |
Tara Lawrence Advisory Director | 0 | $0 | |
Michelle Freniere Volunteer Shift Director | 0 | $0 | |
Jason Kim President | 0 | $0 | |
Dana Lynch Meet Coordinator | 0 | $0 | |
Scott Embree Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $751 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $532 |
Total Revenue | $1,283 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $540 |
Total expenses | $540 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $48,087 |
Other assets | $0 |
Total assets | $48,087 |
Total liabilities | $0 |
Net assets or fund balances | $48,087 |
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