Freedom Swim Club Inc
- Assets
- $141.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sykesville, MD
- Founding
- 04/1974
- Data as of
- 12/2022
- EIN
- 23-7243898
Organization Overview
Freedom Swim Club Inc is located in Sykesville, MD. The organization was established in 1974. 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. Freedom Swim Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Freedom Swim Club Inc generated $152.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $208.1k during the year ending 12/2022. While expenses have increased by 6.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheila Burrows Treasurer | 7 | $6,000 | |
Andrew Powers President | 2 | $0 | |
Shawn Broske Vice President | 1 | $0 | |
Stacey Miller Secretary | 1 | $0 | |
Kourtni Chairs Vice President | 1 | $0 | |
Michael Clark Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $10,056 |
| Membership dues | $138,741 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,057 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,404 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $129,978 |
| Printing, publications, postage, and shipping | $773 |
| Other expenses | $1,981 |
| Total expenses | $208,136 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,919 |
| Other assets | $0 |
| Total assets | $141,834 |
| Total liabilities | $0 |
| Net assets or fund balances | $141,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
The Fish Swimteam Inc Fairfax, VA | $418,358 | $867,783 |
Highlands Swim And Tennis Club Inc Mclean, VA | $2,158,004 | $1,103,225 |
Usa Swimming Inc Appomattox, VA | $921,136 | $1,203,031 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |