Swamis Athletic Association is located in Carlsbad, CA. The organization was established in 1999. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Swamis Athletic Association 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 12/2023, Swamis Athletic Association generated $27.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $46.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
SUPPORT OF DEVELOPMENTAL ELITE TEAM AND GENERAL RACING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Steele President | 3 | $0 | |
Susan Anthony CFO | 3 | $0 | |
Stephen Ummel Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,875 |
Total Program Service Revenue | $3,499 |
Membership dues | $0 |
Investment income | $132 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $27,506 |
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 | $280 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46,096 |
Total expenses | $46,376 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,651 |
Other assets | $0 |
Total assets | $81,651 |
Total liabilities | $0 |
Net assets or fund balances | $81,651 |