Waukesha Express Swim Team Inc
- Assets
- $109.8k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 66
- Location
- Waukesha, WI
- Founding
- 02/1981
- Data as of
- 08/2021
- EIN
- 39-1368110
Organization Overview
Waukesha Express Swim Team Inc is located in Waukesha, WI. The organization was established in 1981. 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 08/2021, Waukesha Express Swim Team Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waukesha Express Swim Team 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 08/2021, Waukesha Express Swim Team Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $934.7k during the year ending 08/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SWIM LESSONS TO PRESCHOOL AND SCHOOL AGE CHILDREN AND MANAGE A YOUTH AMATEUR COMPETITIVE SWIM TEAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIM TEAM: PROVIDE YEAR-ROUND COACHING, TRAINING AND COMPETITION TO SCHOOL AGE CHILDREN OF ALL SWIMMING ABILITIES.
SWIMAMERICA (SWIM LESSONS): PRESCHOOL AND SCHOOL AGE LEARN TO SWIM CLASSES (AGES 3 AND UP).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaine Carlson Ceo/head Coach | OfficerTrustee | 65 | $116,723 |
Laurie Carlson Treasurer/program Coordinator | OfficerTrustee | 65 | $96,524 |
Andrew Schaser President | OfficerTrustee | 2 | $0 |
Christy Jagdfeld Board Member | Trustee | 2 | $0 |
Morgan Hamm Board Member | Trustee | 2 | $0 |
Peggy Butt Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,900 |
| Total Program Service Revenue | $880,929 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $672 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,001,501 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,128 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $231,400 |
| Compensation of current officers, directors, key employees. | $23,140 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $152,450 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,038 |
| Payroll taxes | $29,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,098 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,525 |
| Advertising and promotion | $0 |
| Office expenses | $13,648 |
| Information technology | $3,267 |
| Royalties | $0 |
| Occupancy | $138,659 |
| Travel | $74,321 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,450 |
| Interest | $14,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,957 |
| All other expenses | $9,413 |
| Total functional expenses | $934,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,678 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $98,151 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $109,829 |
| Accounts payable and accrued expenses | $53,441 |
| 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 | $86,595 |
| Other liabilities | $0 |
| Total liabilities | $140,036 |
| Net assets without donor restrictions | -$30,207 |
| 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 | $109,829 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Waukesha Express Swim Team Inc has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Endowment Analysis
| Beg. Balance | $10,090 |
| Other Expense | $10,090 |
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 |
Michigan Boating Industries Assoc Commerce Township, MI | $6,848,061 | $1,258,585 |
Walter Schroeder Aquatic Center Ltd Brown Deer, WI | $2,876,227 | $1,771,521 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |
Hinsdale Swim Club Hinsdale, IL | $218,459 | $1,100,426 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Elba-Mar Boat Club Grosse Ile, MI | $874,771 | $981,147 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Club Wolverine Swimming Inc Ann Arbor, MI | $392,270 | $985,537 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |