Swim Spartanburg
- Assets
- $13.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Union Mills, NC
- Founding
- 12/2003
- Data as of
- 12/2021
- EIN
- 30-0200822
Organization Overview
Swim Spartanburg is located in Union Mills, NC. The organization was established in 2003. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, 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. Swim Spartanburg 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 12/2021, Swim Spartanburg generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $21.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
SERVICES PROVIDED: TAUGHT TECHNIQUES OF COMPETITIVE SWIMMING ON THREE LEVELS DEPENDING ON A SWIMMER'S ABILITY. BENEFIT: 20 BEGINNER SWIMMERS, 25 MEDIUM AND 25 ADVANCED SWIMMERS - TOTAL 70 SWIMMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Faltraco President | 2 | $0 | |
Joseph Faltraco Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $455 |
| Total Program Service Revenue | $21,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,955 |
| 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 | $17,500 |
| Occupancy, rent, utilities, and maintenance | $4,300 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $0 |
| Total expenses | $21,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,344 |
| Other assets | $0 |
| Total assets | $13,344 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Conference Spartanburg, SC | $8,107,664 | $4,767,316 |
Adult Ice Hockey Federation Ltd Sterling, VA | $497,146 | $3,812,767 |
Richmond Volleyball Club Henrico, VA | $4,492,529 | $3,770,472 |
National Junior College Athletic Association Charlotte, NC | $4,854,958 | $4,218,539 |
South Atlantic Conference Rock Hill, SC | $873,899 | $2,375,914 |
Tidewater Volleyball Association Virginia Beach, VA | $336,915 | $1,476,950 |
Music City Bowl Inc Nashville, TN | $2,763,006 | $112,115 |
Greater Columbus Sports & Events Council Inc Columbus, GA | $3,992,863 | $1,719,246 |
North Carolina Amateur Sports Durham, NC | $909,899 | $1,521,463 |
Conference Carolinas Greenville, SC | $657,720 | $840,712 |
Blazesports America Inc Norcross, GA | $451,036 | $997,641 |
Masters Of Foxhounds Association Of America Middleburg, VA | $2,068,253 | $696,709 |