Power Aquatics Swim Club Inc is located in Cicero, IN.
For the year ending 12/2022, Power Aquatics Swim Club Inc generated $56.5k 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 (6.1%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) 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
2022
Describe the Organization's Program Activity:
Part 3
STRUCTURED SAFE, FUN AND EDUCATIONAL SWIMMING ATMOSHERE TO DEVELOP CONFIDENCE, STRENGTH AND DISCIPLINE THROUGH COMPETITIVE SWIMMING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brent A Lord Secretary/tr | 20 | $8,000 | |
Lindsey M Lawson President | 4 | $3,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $56,475 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,475 |
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 | $40,610 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,159 |
Total expenses | $57,769 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,898 |
Other assets | $0 |
Total assets | $9,898 |
Total liabilities | $0 |
Net assets or fund balances | $9,898 |
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