Tornados Swim Team
- Assets
- $40.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vancouver, WA
- Founding
- 12/2007
- Data as of
- 12/2022
- EIN
- 20-0202847
Organization Overview
Tornados Swim Team is located in Vancouver, WA. The organization was established in 2007. 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. Tornados 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 12/2022, Tornados Swim Team generated $139.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $122.0k during the year ending 12/2022. 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
TORNADOES SWIM TEAM CONSISTENTLY PROVIDED SWIMMING INSTRUCTION AND COMPETITION SUPPORT TO OVER 80 SWIMMERS THROUGHOUT THE YEAR OF 2022 A 33% INCREASE OVER PRIOR YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chantel Phed Secretary | 3 | $0 | |
Jim Butler President | 2 | $0 | |
Timothy Pace Treasurer | 2 | $0 | |
Jennifer Schlobohm Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91 |
| Total Program Service Revenue | $0 |
| Membership dues | $125,819 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,227 |
| Other Revenue | $0 |
| Total Revenue | $139,137 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,786 |
| Professional fees and other payments to independent contractors | $14,266 |
| Occupancy, rent, utilities, and maintenance | $56,096 |
| Printing, publications, postage, and shipping | $2,809 |
| Other expenses | $0 |
| Total expenses | $121,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,662 |
| Other assets | $0 |
| Total assets | $40,662 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,662 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tornados Swim Team has recieved totaling $135.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $135 |
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 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
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 |