Mlac Inc
- Assets
- $426.9k
- Revenue
- $594.4k
- Investments
- $0.0
- Employees
- 96
- Location
- Pittsburgh, PA
- Founding
- 06/1991
- Data as of
- 08/2024
- EIN
- 25-1640936
Organization Overview
Mlac Inc is located in Pittsburgh, PA. The organization was established in 1991. According to its NTEE Classification (M40) the organization is classified as: Safety Education, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 08/2024, Mlac Inc employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mlac Inc 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 08/2024, Mlac Inc generated $594.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $608.1k during the year ending 08/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
WE INSPIRE OUR SWIMMERS TO BE CHAMPIONS IN LIFE THROUGH PERSEVERENCE AND DISCIPLINE, WHILE BUILDING CONFIDENCE AND SELF- ESTEEM AND LIFE-LONG FRIENDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MT. LEBANON AQUA CLUB (MLAC) A COMPETITIVE SWIM TEAM IN WESTERN PENNSYLVANIA FOR OVER 50 YEARS, OUR COACHING STAFF HAS OFFERED UNPARALLELED INSTRUCTION TO SWIMMERS OF ALL AGES AND ABILITIES FROM NATIONALLY AND INTERNATIONALLY RANKED SWIMMERS TO CHILDREN WHO HAVE MASTERED BASIC SWIMMING SKILLS AND ARE READY FOR A GREATER CHALLENGE. WE HAVE PROGRAMS TO FIT EVERY CHILDS NEEDS. SWIMMERS WHO LEARN CORRECT SWIMMING TECHNIQUE FROM THE VERY BEGINNING ARE STRONGER AND THEREFORE SAFER SWIMMERS THROUGHOUT THEIR LIFE. IT IS OUR GOAL TO DEVELOP CONFIDENT SAFE SWIMMERS WHO WILL ENJOY THE SPORT WHETHER THEY GO ON TO JOIN A COMPETITIVE TEAM OR JUST JOIN FRIENDS AT THE POOL. WE ARE VERY PROUD OF THE QUALITY PROGRAMS WE OFFER TO THE COMMUNITY OF MT. LEBANON MLAC SWIMMERS ARE DIVIDED INTO 5 PRACTICE GROUPS BASED UPON ABILITY LEVEL. STINGRAY, DOLPHIN,BARRACUDA, MARLIN, AND SHARK SWIMMERS PARTICIPATE WITH THEIR GROUPS AND COMPETE IN LOCAL AND NATIONAL MEETS BASED ON OR DEFINED BY USA SWIMMING. TRYOUTS ARE REQUIRED OF ALL SWIMMERS.
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 |
|---|---|---|---|
Michael Fruczek President | OfficerTrustee | 20 | $0 |
Stacie Carlson Vice-President | OfficerTrustee | 5 | $0 |
Loren Zadecky Treasurer | OfficerTrustee | 20 | $0 |
Linda Harrold Secretary | OfficerTrustee | 2 | $0 |
Katie Pavlich VP Membership | OfficerTrustee | 2 | $0 |
Tony Calvino VP Instructional Programs | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,863 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,863 |
| Total Program Service Revenue | $578,493 |
| Investment income | $106 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $594,353 |
| 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 | $376,625 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $26,791 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,621 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,602 |
| Information technology | $5,918 |
| Royalties | $0 |
| Occupancy | $54,520 |
| Travel | $6,626 |
| 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 | $15,459 |
| All other expenses | $24,848 |
| Total functional expenses | $608,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,124 |
| Savings and temporary cash investments | $353,750 |
| 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 |
| 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 | $426,874 |
| Accounts payable and accrued expenses | -$69 |
| 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 | $69 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $426,874 |
| 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 | $426,874 |