Ripple Inc

Organization Overview

Ripple Inc is located in Hopkins, MN. The organization was established in 1995. According to its NTEE Classification (N66) the organization is classified as: Racquet Sports, under the broad grouping of Recreation & Sports and related organizations. As of 08/2020, Ripple Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ripple 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 08/2020, Ripple Inc generated $449.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $428.2k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

COMPETITIVE SWIM TEAM

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HURRICANES PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR OVER 250 SWIMMERS, AGES 5 - 18.


THE TEAM PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR MORE THAN 250 SWIMMERS AGES 5 - 18.


THE TEAM PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR MORE THAN 250 SWIMMERS AGES 5 - 18.


THE HURRICANES PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR OVER 250 SWIMMERS, AGES 5 - 18.


THE TEAM PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR MORE THAN 250 SWIMMERS AGES 5 - 18.


THE TEAM PROVIDES COMPETITIVE SWIMMING INSTRUCTIONS AND OPPORTUNITIES FOR MORE THAN 250 SWIMMERS AGES 5 - 18.


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Board, Officers & Key Employees

Name (title)Compensation
Julie Stone
Head Coach
$60,000
Matt Chapman
Treasurer
$0
Paul Buschmann
President
$0
Ran Van DE Wynkel
Board Member
$0
Christine Cahill
Board Member
$0
Jenn Odd
Board Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$16,080
Investment income $72
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 $449,789

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ripple Inc has recieved totaling $254.

Awarding OrganizationAmount
Lumen Clarke M Williams Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$254
View Grant Recipient Profile

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