Ypsilanti Otters Swim Club
- Assets
- $82.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ypsilanti, MI
- Founding
- 10/2006
- Data as of
- 12/2021
- EIN
- 20-4776607
Organization Overview
Ypsilanti Otters Swim Club is located in Ypsilanti, MI. 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. Ypsilanti Otters 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, Ypsilanti Otters Swim Club generated $24.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $22.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 7 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
WE PROVIDE AFFORDABLE SWIM INSTRUCTION FOR APPROXIMATELY 300 SWIMMERS AGED FROM 2-18 YEARS. THE PROGRAMS RANGE FROM LEARN TO SWIM TO TOP LEVEL USA SWIMMING COMPETITION. WE PROVIDE FINANCIAL ASSISTANCE (REDUCED FEE SCHEDULES) FOR THOSE WHO WOULD OTHERWISE BE UNABLE TO PARTICIPATE.
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 |
|---|---|---|---|
Devin Fredrickson President | 10 | $0 | |
Andrea Moser Treasurer | 5 | $0 | |
Mich Rasulis Secretary | 2 | $0 | |
Domonique Gleason Usa Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,765 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $129 |
| Total Revenue | $24,002 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,098 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $7,640 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,974 |
| Total expenses | $22,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,346 |
| Other assets | $0 |
| Total assets | $82,346 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,346 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ypsilanti Otters Swim Club has recieved totaling $81.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
Dayton Raiders Facilities Inc Beavercreek, OH | $1,039,430 | $598,004 |
Huron Valley Swim Club Ann Arbor, MI | $1,978,507 | $809,520 |