Splash Inc
- Assets
- $430.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 42-0847213
Organization Overview
Splash Inc is located in Waterloo, IA. The organization was established in 2001. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Splash Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Splash Inc generated $150.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $128.1k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE RECREATIONAL SWIMMING
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $104,932 |
| Investment income | $42,117 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,880 |
| Total Revenue | $150,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,326 |
| Professional fees and other payments to independent contractors | $765 |
| Occupancy, rent, utilities, and maintenance | $24,989 |
| Printing, publications, postage, and shipping | $565 |
| Other expenses | $33,418 |
| Total expenses | $128,063 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385,710 |
| Other assets | $0 |
| Total assets | $430,474 |
| Total liabilities | $362 |
| Net assets or fund balances | $430,112 |
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