Mount Pleasant Swim Club Parentsassociation
- Assets
- $238.9k
- Revenue
- $946.0k
- Investments
- $0.0
- Employees
- 20
- Location
- Mount Pleasant, SC
- Founding
- 03/2007
- Data as of
- 08/2022
- EIN
- 20-5511016
Organization Overview
Mount Pleasant Swim Club Parentsassociation, operating under the name South Carolina Swim Club, is located in Mount Pleasant, SC. The organization was established in 2007. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, South Carolina Swim Club employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Carolina 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 08/2022, South Carolina Swim Club generated $946.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $943.4k during the year ending 08/2022. While expenses have increased by 3.4% per year over the past 7 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
TO FOSTER LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL SWIMMING COMPETITION IN THE MT. PLEASANT AND TRICOUNTY AREA AND TO SUPPORT AND DEVELOP AMATEUR ATHLETES FOR SWIMMING COMPETITION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PARENTS ASSOCIATION ORANGIZED THE REGISTRATION WITH THE USA SWIMMING AND SOUTH CAROLINA SWIMMING MEMBERSHIP AND DUES FOR SOUTH CAROLINA SWIM CLUB. REGISTRATION FEES ARE COLLECTED AND PAID IN A COORDINATED EFFORT BETWEEN THE PARENTS ASSOCIATION AND THE COACHING STAFF TO INSURE EACH COMPETITOR IS REGISTERED.
THE PARENTS ASSOCIATION PROVIDES SWIMMING COACHES FOR TEAM COMPETITORS TO IMPROVE SKILLS AND PAYS FOR THEIR TRAVEL, LODGING AND OTHER RELATED EXPENSES FOR THE COACHES IN TEAM AWAY COMPETITIONS.
THE PARENTS ASSOCIATION ORGANIZED ADDITIONAL TRAINING AND OTHER PROGRAM RELATED COSTS, INCLUDING BUT NOT LIMITED TO LANE RENTALS, LIFEGAURDS AND SAFETY EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Jonas President | OfficerTrustee | 1 | $0 |
Michelle O'connell Vice President | OfficerTrustee | 1 | $0 |
Shannon Cagle Treasurer | OfficerTrustee | 1 | $0 |
Nicole Leonard Sponsorship | Trustee | 1 | $0 |
Tina Russell Communications | Trustee | 1 | $0 |
Eric Lane Head Coach | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $491,513 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $516,881 |
| Total Program Service Revenue | $293,287 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,773 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $400,453 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,722 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $348 |
| Office expenses | $9,792 |
| Information technology | $6,751 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $102,308 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,651 |
| All other expenses | $46,121 |
| Total functional expenses | $943,426 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,248 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,675 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $238,923 |
| Accounts payable and accrued expenses | $25 |
| 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 | $5,366 |
| Total liabilities | $5,391 |
| Net assets without donor restrictions | $233,532 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $238,923 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Pleasant Swim Club Parentsassociation has recieved totaling $600.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Carolina University Educational Foundation Inc Greenville, NC | $33,102,129 | $12,018,167 |
South Carolina Charities Inc Greenville, SC | $911,157 | $3,405,093 |
American Junior Golf Foundation Inc Braselton, GA | $19,641,772 | $5,413,953 |
Uncw Student Aid Association Inc Wilmington, NC | $3,125,370 | $1,638,038 |
First Tee Of Atlanta Inc Atlanta, GA | $2,807,006 | $1,612,147 |
Atlanta Classic Foundation Inc Duluth, GA | $0 | $0 |
Mount Pleasant Swim Club Parentsassociation Mount Pleasant, SC | $238,923 | $946,019 |
Titan Club Inc Bogart, GA | $239,502 | $787,104 |
Patriot Foundation Pinehurst, NC | $1,492,250 | $862,205 |
Atlanta Memorial Park Conservancy Inc Atlanta, GA | $447,516 | $641,677 |
Uwg Athletic Foundation Inc Carrollton, GA | $1,342,635 | $930,738 |
Chastain Park Conservancy Atlanta, GA | $745,723 | $944,276 |