Swiminc Inc, operating under the name Worthington Pools, is located in Worthington, OH. The organization was established in 2002. 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. As of 09/2022, Worthington Pools employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Worthington Pools 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 09/2022, Worthington Pools generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.5m during the year ending 09/2022. While expenses have increased by 7.0% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SWIMMING FACILITIES TO THE COMMUNITY FOR INSTRUCTIONAL AND RECREATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMINC CURRENTLY OPERATES AND MAINTAINS OUTDOOR RECREATIONAL SWIMMING FACILITIES FOR USE BY THE RESIDENTS OF THE CITY AND THE SCHOOL DISTRICT. THESE FACILITIES CONSIST OF AN OUTDOOR COMPLEX, WHICH INCLUDES: THREE HEATED POOLS, INCLUDING TWO SLIDES, DIVING WELL, AND INFANT POOL; SPLASH PAD; PICNIC SHELTER; CONCESSION STAND; SURROUNDING DECK AND GRASS AREA. THE OUTDOOR FACILITIES ARE AVAILABLE FOR USE FOR A DAILY ADMISSION FEE OR WITH A PURCHASE OF A SUMMER SEASONAL PASS. SWIMINC SERVED OVER 4,000 MEMBERS AND PROVIDED OVER 10,000 INDIVIDUAL ADMISSIONS THIS YEAR. BY PROVIDING OUTDOOR RECREATIONAL SWIMMING FACILITIES FOR RESIDENTS OF THE CITY AND THE SCHOOL DISTRICT, SWIMINC SIGNIFICANTLY LESSENS THE BURDENS OF THE GOVERNMENT FOR THE CITY, AS DESCRIBED IN TREAS. REG. 1.501(C)(3)-1(D). WERE IT NOT FOR THE RECREATIONAL SWIMMING FACILITIES PROVIDED BY SWIMINC, THE CITY WOULD FACE CONSIDERABLE PUBLIC PRESSURE TO BUILD, OPERATE AND MAINTAIN COMPARABLE RECREATIONAL FACILITIES FOR USE BY THE RESIDENTS OF THE CITY AND SCHOOL DISTRICT. A COPY OF RESOLUTION NO. 36-2001, PASSED ON OCTOBER 9, 2001, ACKNOWLEDGES THE SIGNIFICANT CONTRIBUTIONS OF SWIMINC IN LESSENING THE BURDENS OF THE CITY BY PROVIDING COMMUNITY RECREATIONAL SWIMMING FACILITIES.
SWIMINC IS THE HOME AND SPONSOR OF THE WORTHINGTON SWIM CLUB. THE WORTHINGTON SWIM CLUB IS A COMPETITIVE SWIM CLUB, CONSISTING OF SWIMMERS WITHIN THE AGE RANGE OF 5 TO 18. THE SWIMMERS RANGE IN ABILITY FROM PRE-COMPETITIVE TO HAVING ACHIEVED NATIONAL CHAMPIONSHIP TIME STANDARDS. THE WORTHINGTON SWIM CLUB IS SANCTIONED BY USA SWIMMING, THE NATIONAL GOVERNING BODY FOR AMATEUR SWIMMING COMPETITION IN THE UNITED STATES. THE CLUB IS ACTIVE OVER AN INDOOR "SHORT-COURSE" SEASON, LASTING FROM SEPTEMBER TO MARCH, AND AN OUTDOOR "LONG-COURSE" SEASON, LASTING FROM APRIL TO AUGUST. THE CLUB TRAINS AT THE WORTHINGTON POOLS COMPLEX AND COMPETES IN USA SWIM CLUB MEETS DURING THE YEAR. MORE INFORMATION CONCERNING THE WORTHINGTON SWIM CLUB IS AVAILABLE ON THE CLUB'S WEBSITE WWW.WORTHINGTONSWIMCLUB.ORG.
SWIMINC HAS PROVIDED INSTRUCTIONAL PROGRAMS FOR RESIDENTS FOR OVER SIXTY-FIVE YEARS. PARTICIPANTS IN THESE PROGRAMS NEED NOT BE SEASON PASS HOLDERS. BY PROVIDING INSTRUCTIONAL PROGRAMS FOR RESIDENTS OF THE CITY AND THE SCHOOL DISTRICT, SWIMINC IS PROVIDING AN EDUCATIONAL BENEFIT TO THE COMMUNITY, WHICH IS A CHARITABLE PURPOSE UNDER IRC 501(C)(3). THE LESSONS DIRECTOR IS RESPONSIBLE FOR OVERSIGHT OF THE INSTRUCTIONAL PROGRAM. DURING THE SUMMER MONTHS, A BROAD RANGE OF SWIM LESSONS IS PROVIDED BY AN INSTRUCTIONAL STAFF OF APPROXIMATELY 30 PART-TIME INSTRUCTORS, WHO ARE PAID ON AN HOURLY BASIS. DURING THE NON-SUMMER MONTHS, LESSONS ARE OFFERED IN THE NATATORIUM. THESE LESSONS ARE TAUGHT BY APPROXIMATELY 15 PART-TIME INSTRUCTORS, WHO ARE PAID ON AN HOURLY BASIS. INFORMATION CONCERNING INSTRUCTIONAL PROGRAMS IS DISSEMINATED IN THE COMMUNITY THROUGH WORD-OF-MOUTH, SOCIAL MEDIA AND THE WORTHINGTON POOL'S WEBSITE, WWW.WORTHINGTONPOOLS.COM
DURING THE PAST TWELVE MONTHS, SWIMINC ALSO: OFFERED WEEKDAY LAP SWIMMING IN THE NATATORIUM DURING THE INDOOR SEASON; PROVIDED INSTRUCTION AND TRAINING FOR APPROXIMATELY 200 SUMMER LEAGUE SWIMMERS; HOSTED THREE SUMMER LEAGUE MEETS; PROVIDED A SITE FOR INSTRUCTION AND TRAINING FOR APPROXIMATELY 70 HIGH SCHOOL WATER POLO ATHLETES; HOST SITE FOR FIVE HIGH SCHOOL WATER POLO DUAL MATCHES; PROVIDED A SITE FOR INSTRUCTION AND TRAINING FOR WKHS AND TWHS SWIM AND DIVE TEAM MEMBERS; HOST SITE FOR SIX HIGH SCHOOL SWIM AND DIVE TEAM MEETS AND SECTIONAL SWIM TEAM TOURNAMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lori Ave General Manager | Officer | 40 | $73,700 |
Bernard Vrancken Head Swim Coach | Officer | 40 | $72,500 |
Rachael Dorothy Secretary | Officer | 1 | $0 |
Phil Hein Treasurer | Officer | 2 | $0 |
Tammy Ament Vice President | Officer | 1 | $0 |
Mike Keller President | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $540,069 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $307,887 |
All other contributions, gifts, grants, and similar amounts not included above | $18,749 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $866,705 |
Total Program Service Revenue | $940,131 |
Investment income | $38 |
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 | $1,806,874 |
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. | $146,200 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $636,653 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $29,418 |
Payroll taxes | $62,140 |
Fees for services: Management | $48,000 |
Fees for services: Legal | $49 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,340 |
Advertising and promotion | $0 |
Office expenses | $4,823 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $111,350 |
Travel | $10,814 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,010 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $62,039 |
All other expenses | $14,169 |
Total functional expenses | $1,543,467 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $110,266 |
Savings and temporary cash investments | $669,427 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $10,417 |
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 | $39,528 |
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 | $829,638 |
Accounts payable and accrued expenses | $15,729 |
Grants payable | $0 |
Deferred revenue | $65,145 |
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 | $19,900 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $100,774 |
Net assets without donor restrictions | $0 |
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 | $728,864 |
Total liabilities and net assets/fund balances | $829,638 |
Over the last fiscal year, we have identified 1 grants that Swiminc Inc has recieved totaling $39.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Organization Name | Assets | Revenue |
---|---|---|
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
Swim And Racquet Club Columbus, OH | $2,677,814 | $1,163,525 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Collegiate Water Polo Association Bridgeport, PA | $228,874 | $712,974 |
Dayton Raiders Facilities Inc Beavercreek, OH | $1,039,430 | $598,004 |
Emmaus Aquatic Club Emmaus, PA | $617,320 | $944,594 |