Lyons Swim Club
- Assets
- $201.0k
- Revenue
- $548.1k
- Investments
- $0.0
- Employees
- 58
- Location
- Western Springs, IL
- Founding
- 02/1991
- Data as of
- 07/2020
- EIN
- 36-3654897
Organization Overview
Lyons Swim Club, operating under the name Lyons Aquatics, is located in Western Springs, IL. The organization was established in 1991. 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 07/2020, Lyons Aquatics employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyons Aquatics 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 07/2020, Lyons Aquatics generated $548.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $602.6k during the year ending 07/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A YEAR ROUND COMPREHENSIVE SWIM, WATER POLO AND DIVE PROGRAM LOCATED IN WESTERN SPRINGS (LYONS TOWNSHIP HS - SOUTH) AND LAGRANGE (LYONS TOWNSHIP HS).THE PURPOSE OF THE CLUB IS TO DEVELOP THE ABILITIES OF COMMUNITY MEMBERS IN ALL ASPECTS OF AQUATIC SPORTS BY PROVIVIDING QUALITY INSTRUCTIONS, OPPORTUNITIES FOR COMPETITION, AN ATMOSPHERE THAT FOSTERS RESPECT FOR ONE'S SELF AND OTHERS, GOOD SPORTSMANSHIP, AND PERSONAL EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE CLUB IS TO DEVELOP THE ABILITIES OF COMMUNITY MEMBERS IN ALL ASPECTS OF AQUATIC SPORTS BY PROVIVIDING QUALITY INSTRUCTIONS, OPPORTUNITIES FOR COMPETITION, AN ATMOSPHERE THAT FOSTERS RESPECT FOR ONE'S SELF AND OTHERS, GOOD SPORTSMANSHIP, AND PERSONAL EXCELLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Walls President | OfficerTrustee | 4 | $0 |
Rob Novak Vice Preside | OfficerTrustee | 2 | $0 |
Kevin Gibbons Treasurer | OfficerTrustee | 2 | $0 |
Courtney Harvey Secretary | OfficerTrustee | 2 | $0 |
Erik Claesson Board Member | Trustee | 2 | $0 |
Lynn Anne Gantt Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $488,740 |
| Investment income | $1,435 |
| 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 | $11,465 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $548,113 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $348,136 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $53,730 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,655 |
| All other expenses | $0 |
| Total functional expenses | $602,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,950 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $200,950 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $200,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
Usa Swimming Inc Rolling Meadows, IL | $1,062,881 | $1,962,511 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
Hinsdale Swim Club Hinsdale, IL | $218,459 | $1,100,426 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
Downers Grove Swim And Raquet Club Downers Grove, IL | $1,117,120 | $881,688 |
West Swim Club Inc Willowbrook, IL | $811,668 | $867,248 |
Southeastern Swim Club Incorporated Fishers, IN | $283,230 | $634,562 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |