Swim Strong Foundation Inc
- Assets
- $402.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodside, NY
- Founding
- 02/2007
- Data as of
- 06/2022
- EIN
- 37-1526132
Organization Overview
Swim Strong Foundation Inc is located in Woodside, NY. The organization was established in 2007. 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. Swim Strong Foundation 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 06/2022, Swim Strong Foundation Inc generated $144.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $127.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
CONDUCT SWIMMING AND WATER-SAFETY PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Slevin Executive Dir. | 40 | $75,000 | |
Denis Venturino Chair Person | 2 | $0 | |
Andrew Meditz Board Member | 2 | $0 | |
Juan Campmany CFO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,193 |
| Total Program Service Revenue | $11,343 |
| Membership dues | $0 |
| Investment income | $1,946 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,482 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,990 |
| Professional fees and other payments to independent contractors | $22,726 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,246 |
| Total expenses | $127,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $318,529 |
| Other assets | $0 |
| Total assets | $402,106 |
| Total liabilities | $99,042 |
| Net assets or fund balances | $303,064 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Swim Strong Foundation Inc has recieved totaling $2,102.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $2,000 |
Mutual Of America Foundation New York, NY PURPOSE: GENERAL OPERATING PURPOSE | $95 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $7 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Junior Tennis League Inc Long Island City, NY | $15,745,055 | $13,403,069 |
Row New York Inc New York, NY | $11,063,352 | $5,131,305 |
New England Sailing Foundation Inc Marblehead, MA | $32,351 | $1,795,441 |
New England Science & Sailing Foundation Inc Stonington, CT | $5,613,617 | $3,618,390 |
Long Island Swimming Garden City, NY | $5,786,299 | $2,981,330 |
Stony Brook Yacht Club Inc Stony Brook, NY | $1,925,542 | $2,144,649 |
Community Boating Inc Boston, MA | $5,688,954 | $2,833,055 |
Hudson River Community Sailing Inc New York, NY | $1,975,748 | $1,753,516 |
Winchester Boat Club Winchester, MA | $5,238,512 | $1,099,002 |
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
Saugatuck Harbor Yacht Club Inc Westport, CT | $2,019,925 | $1,016,320 |
West Side Rowing Club Incorporated Of The City Of Buffalo Buffalo, NY | $4,706,391 | $1,097,011 |