Greenlake Aquaducks Masters Swimmers Inc
- Assets
- $70.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 26-0017985
Organization Overview
Greenlake Aquaducks Masters Swimmers Inc is located in Seattle, WA. The organization was established in 2003. 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. Greenlake Aquaducks Masters Swimmers 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 12/2022, Greenlake Aquaducks Masters Swimmers Inc generated $64.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $51.5k during the year ending 12/2022. While expenses have increased by 1.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE OFFERED MORE THAN 300 POOL PRACTICES PER YEAR FOR MORE THAN 350 PEOPLE THROUGH THE YEAR. DURING COVID-19 WE WERE ONE OF THE ONLY POOLS OPERATING IN THE AREA. OUR COACHED SWIMS ARE OPEN TO ANYONE THAT IS 18 YEARS OR OLDER AND A MEMBER OF THE UNITED STATES MASTERS SWIMMING INC, WE OFFER SCHOLARSHIPS TO COLLEGE AGE SWIMMERS AND OTHER THAT FIND IT HARD TO PAY THE FULL OR PARTIAL SWIM FEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey Wilwerding President | 3 | $0 | |
Tonya Berg Vice President | 1 | $0 | |
Arni Litt Treasurer-Registrar | 3 | $0 | |
Jane Matera Secretary | 2 | $0 | |
Bill Reeder Member At Large | 1 | $0 | |
Peter Liekkio Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,473 |
| Total Program Service Revenue | $54,625 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,618 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $177 |
| Salaries, other compensation, and employee benefits | $15,615 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $30,667 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $3,832 |
| Total expenses | $51,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,594 |
| Other assets | $0 |
| Total assets | $70,462 |
| Total liabilities | $2,670 |
| Net assets or fund balances | $67,792 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greenlake Aquaducks Masters Swimmers Inc has recieved totaling $78.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |