Farmington Tigersharks Swim Club Inc, operating under the name Stephanie Samuell, is located in Farmington, MN. The organization was established in 1999. 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, Stephanie Samuell employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephanie Samuell 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, Stephanie Samuell generated $113.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $109.3k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE A HIGH QUALITY, COMPETITIVE SWIM CLUB PROGRAM FOR AREA YOUTH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Lynum Vice President | 5 | $0 | |
Teresa Gibbs President | 5 | $0 | |
Ben Grimm Treasurer | 5 | $0 | |
Becky Dewilde Secretary | 5 | $0 | |
Eric Ziegler Member At Large | 5 | $0 | |
Erin Haugen Member At Large | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,545 |
Total Program Service Revenue | $95,745 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | -$17,493 |
Net Income from Gaming & Fundraising | $2,907 |
Other Revenue | $0 |
Total Revenue | $113,821 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $72,233 |
Professional fees and other payments to independent contractors | $1,635 |
Occupancy, rent, utilities, and maintenance | $13,575 |
Printing, publications, postage, and shipping | $76 |
Other expenses | $21,821 |
Total expenses | $109,340 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $50,110 |
Other assets | $0 |
Total assets | $50,110 |
Total liabilities | $587 |
Net assets or fund balances | $49,523 |
Over the last fiscal year, we have identified 1 grants that Farmington Tigersharks Swim Club Inc has recieved totaling $44.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $44 |
Organization Name | Assets | Revenue |
---|---|---|
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 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Waukesha Express Swim Team Inc Waukesha, WI | $109,829 | $1,001,501 |
Usa Swimming Inc New London, WI | $201,918 | $903,511 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |
Sailing Education Association Of Sheboygan Inc Sheboygan, WI | $3,043,659 | $639,193 |
Ozaukee Aquatics Inc Cedarburg, WI | $165,542 | $738,005 |
Edina Swim Club Inc Edina, MN | $440,938 | $736,378 |
Eden Prairie Foxjet Swim Team Eden Prairie, MN | $301,926 | $531,103 |
Milwaukee Community Sailing Center Inc Milwaukee, WI | $2,878,635 | $633,926 |
Minneapolis Sailing Center Minneapolis, MN | $376,071 | $638,488 |