Badger Aquatics Club Inc
- Assets
- $158.5k
- Revenue
- $880.6k
- Investments
- $0.0
- Employees
- 42
- Location
- Madison, WI
- Founding
- 04/2000
- Data as of
- 08/2023
- EIN
- 39-1968671
Organization Overview
Badger Aquatics Club Inc is located in Madison, WI. The organization was established in 2000. According to its NTEE Classification (O22) the organization is classified as: Girls Clubs, under the broad grouping of Youth Development and related organizations. As of 08/2023, Badger Aquatics Club Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Badger Aquatics Club 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 08/2023, Badger Aquatics Club Inc generated $880.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $880.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SWIM TECHNIQUE INSTRUCTION & OPPORTUNITY TO PARTICIPATE ON A COMPETITIVE SWIM TEAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAC PROVIDES INSTRUCTION IN SWIM TECHNIQUES AND THE OPPORTUNITY TO PARTICIPATE ON A COMPETITIVE SWIM TEAM. THE CLUB SERVES APPROXIMATELY 550 SWIMMERS AGE 5 THROUGH AGE 18 THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Johnson Ceo, Head Coach | OfficerTrustee | 40 | $82,692 |
Brian Johnson President | OfficerTrustee | 1 | $0 |
Ben Radloff Vice President | OfficerTrustee | 1 | $0 |
Jason Schmitt Treasurer | OfficerTrustee | 1 | $0 |
Adam Danzinger 523-Current Board Member | Trustee | 1 | $0 |
Allyson Holler 523-Current Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,958 |
| Total Program Service Revenue | $873,355 |
| Investment income | $253 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $880,566 |
| 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. | $82,692 |
| Compensation of current officers, directors, key employees. | $33,077 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $362,970 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $35,310 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,282 |
| Office expenses | $15,347 |
| Information technology | $3,094 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $26,940 |
| 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 | $7,750 |
| All other expenses | $9,543 |
| Total functional expenses | $880,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,530 |
| Savings and temporary cash investments | $50,578 |
| 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 |
| Net Land, buildings, and equipment | $86,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $158,546 |
| 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 | $3,069 |
| Total liabilities | $3,069 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $155,477 |
| Total liabilities and net assets/fund balances | $158,546 |
Grants Awarded
Over the last fiscal year, Badger Aquatics Club Inc has awarded $22,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: SUPPORT | $7,500 |
EDGEWOOD HIGH SCHOOL OF THE SACRED HEART PURPOSE: SWIM POOL SUPPORT | $15,000 |