Sharks Swim Team is located in Danville, CA. The organization was established in 2012. 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. Sharks Swim Team 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, Sharks Swim Team generated $165.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $130.5k during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 5 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
2021
Describe the Organization's Program Activity:
Part 3
SHARKS SWIM TEAM IS A COMPETITIVE SWIM PROGRAM DESIGNED TO PROVIDE SWIMMERS OF ALL LEVELS WITH THE OPPORTUNITY TO LEARN STROKE TECHNIQUE WHILE BUILDING SELF-ESTEEM, CAMARADERIE, GOOD SPORTSMANSHIP AND TEAM SPIRIT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Natina Head Coach | 5 | $3,250 | |
Jeff Hartman President | 5 | $0 | |
Juliana Coleman Secretary | 5 | $0 | |
Gretchen Scheberies Social Director | 5 | $0 | |
Michael Davis Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,870 |
Total Program Service Revenue | $80,534 |
Membership dues | $71,783 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,128 |
Other Revenue | $0 |
Total Revenue | $165,315 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $9,500 |
Professional fees and other payments to independent contractors | $5,228 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $115,784 |
Total expenses | $130,512 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $85,643 |
Other assets | $0 |
Total assets | $85,643 |
Total liabilities | $0 |
Net assets or fund balances | $85,643 |
Over the last fiscal year, we have identified 2 grants that Sharks Swim Team has recieved totaling $23,150.
Awarding Organization | Amount |
---|---|
Usa Swimming Inc Discovery Bay, CA PURPOSE: ATHLETE TRAVEL SUPPORT | $11,575 |
Usa Swimming Inc Discovery Bay, CA PURPOSE: ATHLETE TRAVEL SUPPORT | $11,575 |
Organization Name | Assets | Revenue |
---|---|---|
Usa Water Polo Inc Irvine, CA | $10,254,562 | $13,515,429 |
Pine Mountain Lake Assoc Groveland, CA | $12,781,532 | $13,134,426 |
Rose Bowl Aquatics Center Pasadena, CA | $5,127,863 | $7,854,564 |
Long Beach Yacht Club Long Beach, CA | $10,813,572 | $4,722,646 |
De Anza Cupertino Aquatics San Jose, CA | $4,348,092 | $3,828,365 |
Mission Viejo Nadadores Foundation Mission Viejo, CA | $3,694,901 | $4,265,130 |
International Surfing Association Inc Cardiff, CA | $2,343,741 | $3,446,809 |
Quicksilver Swimming San Jose, CA | $998,718 | $2,395,041 |
Diving Equipment & Marketing Association San Diego, CA | $1,315,037 | $1,770,899 |
Santa Clara Aquamaids Synchronized Swimming Club Santa Clara, CA | $5,924,815 | $3,242,783 |
Santa Clara Swim Club Santa Clara, CA | $1,052,065 | $2,281,359 |
Newport Aquatic Center Newport Beach, CA | $1,854,816 | $2,283,685 |