Friends Of Central Pool Inc
- Assets
- $528.2k
- Revenue
- $601.5k
- Investments
- $0.0
- Employees
- 72
- Location
- Noblesville, IN
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 35-2004644
Organization Overview
Friends Of Central Pool Inc is located in Noblesville, IN. The organization was established in 1997. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Friends Of Central Pool Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Central Pool 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, Friends Of Central Pool Inc generated $601.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $572.3k during the year ending 12/2022. While expenses have increased by 12.9% 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
THE ORGANIZATION OPERATES THE COMMUNITY SWIMMING POOL LOCATED INSIDE THE CITY PARK. RESIDENTS OF THE COMMUNITY AND SURROUNDING AREAS ARE FREE TO USE THE POOL FACILITIES UPON PAYING A DAILY ADMISSION OR ANNUAL MEMBERSHIP PASS FEE USED TO COVER FACILITY OPERATING AND STAFFING COSTS. A CONCESSION STAND IS STAFFED BY THE ORGANIZATION OFFERING HEATED AND CHILLED FOODS, DRINKS AND CANDY ITEMS AVAILABLE FOR PURCHASE BY GUESTS FOR THEIR CONVENIENCE. GROUP EVENT STAFF COSTS ARE ALSO COLLECTED FROM CLUBS HOSTING AQUATIC EVENTS AT THE FACILITY WHEN CLOSED TO THE PUBLIC. A NOMINAL FEE IS RECEIVED FROM A LOCAL SWIM CLUB AT THE CLOSE OF THE SEASON FOR THE USE OF THE FACILITY TO CONDUCT SWIMMING LESSONS PROMOTING EDUCATION AND SAFE WATER ACTIVITIES TO THE GENERAL PUBLIC. ANNUAL PASSES, DAILY PASSES AND DISCOUNT COUPONS ARE GIVEN AT NO COST TO FAMILIES AND RESIDENTS IN NEED THROUGHOUT THE SEASON TO ENCOURAGE THE USE OF THE POOL FACILITIES REGARDLESS OF THE ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MANAGEMENT OF COMMUNITY POOL FACILITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Conner President | OfficerTrustee | 5 | $0 |
Randy Crutchfield Secretary | OfficerTrustee | 1 | $0 |
Dick Sidner Vice Preside | OfficerTrustee | 1 | $0 |
Chris Sikich Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $53,384 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,766 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,150 |
| Total Program Service Revenue | $294,648 |
| Investment income | $293 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,179 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $46,631 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $601,515 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,632 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,126 |
| Fees for services: Accounting | $2,595 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,051 |
| Advertising and promotion | $2,576 |
| Office expenses | $2,420 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,879 |
| Travel | $1,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $353 |
| Interest | $5,187 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,089 |
| Insurance | $44,720 |
| All other expenses | $7,420 |
| Total functional expenses | $572,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,970 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,403 |
| Net Land, buildings, and equipment | $461,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $528,241 |
| Accounts payable and accrued expenses | $2,669 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $148,242 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $150,911 |
| Net assets without donor restrictions | $377,330 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $528,241 |