Fishers Area Swimming Tigers Inc
- Assets
- $251.2k
- Revenue
- $701.5k
- Investments
- $0.0
- Employees
- 53
- Location
- Fishers, IN
- Founding
- 03/2009
- Data as of
- 06/2022
- EIN
- 20-5273324
Organization Overview
Fishers Area Swimming Tigers Inc, operating under the name Fast, is located in Fishers, IN. The organization was established in 2009. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Fast employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fast 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 06/2022, Fast generated $701.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $611.7k during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SWIM LESSONS TO CHILDREN AND PROVIDE A COMPETITION SWIM TEAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORE THAN JUST A "SWIM TEAM", THE FISHERS AREA SWIMMING TIGERS IS A PARTNERSHIP THAT DEVELOPS POSITIVE, HEALTHY, AND RESPONSIBLE RELATIONSHIPS. WE PROVIDE A FUN AND REWARDING EXPERIENCE FOR ATHLETES OF ALL AGES AND ABILITIES. FAST TIGERS' DIVERSE SWIMMERS COME FROM FISHERS AND THE SURROUNDING AREA. OUR PROGRAM OFFERS A WHOLESOME AND FUN ATMOSPHERE THAT BRINGS OUT THE BEST IN EACH PERSON - BOTH IN AND OUT OF THE POOL. AWAY FROM THE POOL, OUR TEAM HOLDS SEVERAL SOCIAL EVENTS, AS WELL AS TEAM TRIPS AND OUTINGS. AGE GROUP SWIMMING BUILDS A STRONG FOUNDATION FOR A LIFETIME OF GOOD PHYSICAL AND MENTAL HEALTH BY TEACHING TIME MANAGEMENT, SELF DISCIPLINE, AND HEALTHY FITNESS HABITS. FAST TEACHES THE IDEALS OF INTEGRITY, RESPECT, AND SPORTSMANSHIP, IN ADDITION TO PROPER STROKE TECHNIQUE AND THE VALUES OF EFFORT AND COMMITMENT. FROM THE FIRST TIME COMPETITIVE SWIMMERS TO THE USA NATIONAL QUALIFIER, EVERYONE HAS A SPECIAL PLACE WITH THE FAST TIGERS.
THE PURPOSE OF FISHERS AREA SWIMMING TIGERS IS TO DEVELOP AND MAINTAIN AN EXTENSIVE COMPETITIVE SWIMMING AND SWIM LESSON PROGRAM WHICH EDUCATES, INSPIRES, AND SUPPORTS OUR ATHLETES IN THE PURSUIT OF COMPREHENSIVE EXCELLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Keller Head Coach | 40 | $75,000 | |
Pete Mcewen III Treasurer | OfficerTrustee | 3 | $0 |
James Ziino President | OfficerTrustee | 5 | $0 |
Stacey Harvey Member | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $449,523 |
| Investment income | $23 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,413 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $701,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $285,512 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,316 |
| Advertising and promotion | $0 |
| Office expenses | $7,912 |
| Information technology | $3,155 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $412 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $902 |
| Insurance | $15,471 |
| All other expenses | $0 |
| Total functional expenses | $611,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,734 |
| Savings and temporary cash investments | $54,414 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $251,238 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $251,238 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $251,238 |