Mankato Swim Club Inc
- Assets
- $56.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kasota, MN
- Founding
- 09/1984
- Data as of
- 07/2024
- EIN
- 41-1463839
Organization Overview
Mankato Swim Club Inc is located in Kasota, MN. The organization was established in 1984. 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. Mankato Swim 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 07/2024, Mankato Swim Club Inc generated $144.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $149.2k during the year ending 07/2024. While expenses have increased by 15.5% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
104 SWIMMERS PARTICIPATED IN PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Lindstrom Head Coach | 30 | $27,777 | |
Robert Kamm Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,464 |
| Total Program Service Revenue | $0 |
| Membership dues | $116,735 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,751 |
| Other Revenue | $0 |
| Total Revenue | $143,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $17,930 |
| Salaries, other compensation, and employee benefits | $79,230 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $35,662 |
| Printing, publications, postage, and shipping | $10,653 |
| Other expenses | $5,688 |
| Total expenses | $149,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,215 |
| Other assets | $0 |
| Total assets | $56,215 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,215 |