Watertown Aquatic Team - Wat is located in Watertown, WI. The organization was established in 1980. 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. Watertown Aquatic Team - Wat 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, Watertown Aquatic Team - Wat generated $80.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $84.9k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A COMPREHENSIVE, EFFECTIVE PROGRAM OFCOMPETITIVE SWIMMING WHICH WILL BENEFIT ALL THOSEWISHING TO PARTICIPATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl Matson Head Coach | 0 | $13,698 | |
Katrina Salva President | 0 | $0 | |
Greg Kamm Treasurer | 0 | $0 | |
Rebecca Holland Secretary | 0 | $0 | |
Julie Haversack Meet Director | 0 | $0 | |
Leah Salca Wat Youth Rep | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,124 |
Total Program Service Revenue | $74,622 |
Membership dues | $0 |
Investment income | $26 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $292 |
Other Revenue | $0 |
Total Revenue | $80,064 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $33,607 |
Professional fees and other payments to independent contractors | $3,350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $47,951 |
Total expenses | $84,908 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,666 |
Other assets | $0 |
Total assets | $24,666 |
Total liabilities | $0 |
Net assets or fund balances | $24,666 |