Swim New Orleans
- Assets
- $296.1k
- Revenue
- $379.9k
- Investments
- $0.0
- Employees
- 34
- Location
- New Orleans, LA
- Founding
- 05/2003
- Data as of
- 08/2023
- EIN
- 42-1557602
Organization Overview
Swim New Orleans is located in New Orleans, LA. The organization was established in 2003. According to its NTEE Classification (N11) the organization is classified as: Single Organization Support, under the broad grouping of Recreation & Sports and related organizations. As of 08/2023, Swim New Orleans employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swim New Orleans 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, Swim New Orleans generated $379.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $430.5k during the year ending 08/2023. 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
SWIM NEW ORLEANS PROMOTES AMATEUR SWIMMING IN LOUISIANA BY ENCOURAGING PARTICIPATION IN THE SPORT AND PROMOTING SWIMMING TO CHILDREN. TO PROVIDE A QUALITY COMPETITIVE SWIMMING PROGRAM WHICH INSTILLS AN UNDERSTANDING OF, AND APPRECIATION FOR, THE CONCEPTS OF HIGH SELF-ESTEEM, PERSONAL ACCOUNTABILITY, SELF-DISCIPLINE, GOAL SETTING AND GOAL ACHIEVEMENT. WE ARE DEDICATED TO DEVELOPING THE MENTAL, EDUCATIONAL, PHYSICAL,ETHICAL, AND SOCIAL CAPACITY OF OUR ATHLETES, GUIDED BY QUALITY PROFESSIONAL COACHING. SWIM NEW ORLEANS OPERATES LEARN TO SWIM PROGRAMS WHICH INCLUDES BEGINNGER TO ADULT SWIM LESSONS AND A STROKE SCHOOL PROGRAM WITH THE GOAL TO INTRODUCE PARTICIPANTS TO WATER SAFETY AND PROPER SWIM TECHNIQUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIM NEW ORLEANS (DBA NU WAVE SWIM CLUB) IS A MEMBER OF UNITED STATES SWIMMING ANDLOUISIANA SWIMMING, AND THROUGH THIS MEANS TEACHES THE PRINCIPLES OF SWIMMING ANDSPORTSMANSHIP TO CHILDREN. THE PRIMARY SERVICE ACTIVITY IS THE YEAR ROUND SWIM TEAM,WHICH TEACHES COMPETITIVE SWIMMING TO CHILDREN AGES 5 THROUGH 19. THERE AREAPPROXIMATELY 140 MEMBERS OF THE TEAM, AND THE TRAINING SESSIONS OFFERED VARY BASEDON THE ATHLETE'S AGE AND ABILITY. THE YOUNGEST ATHLETES HAVE 4 HOUR SESSIONS PER WEEK. AS THE PROGRESS THROUGH THE PROGRAM, THE NUMBER OF TRAINING SESSIONS PER WEEK INCREASES SO THAT EVENTUALLY THEY WILL HAVE THE OPPORTUNITY TO TRAIN 6 DAYS PER WEEK, COMPRISED OF 8 SESSIONS OF APPROXIMATELY 2 TO 3 HOURS PER SESSION. THE ACTIVITY'S OBJECTIVE IS TO DEVELOP THE PHYSICAL AND MENTAL CAPABILITIESOF OUR ATHLETES. WE INSTILL IN OUR ATHLETES AN UNDERSTANDING OF AND APPRECIATION FOR THE CONCEPTS OF HIGH SELF-ESTEEM, PERSONAL ACCOUNTABILITY, SELF-DISCIPLINE, GOALSETTING, AND GOAL ACHIEVEMENT.OUR SECONDARY SERVICES ARE PROVIDING SWIM LESSON INSTRUCTION TO SWIMMERS OF ALL AGES AND OFFERING MASTERS SWIM TRAINING TO INDIVIDUALS 18 YEARS AND OLDER. SWIM NEW ORLEANS IS ALSO A MEMBER OF UNITED STATES MASTER SWIMMING.
SWIM NEW ORLEANS OPERATES LEARN TO SWIM PROGRAMS WHICH INCLUDES BEGINNER TO ADULT SWIM LESSONS AND A STROKE SCHOOL PROGRAM WITH THE GOAL TO INTRODUCE PARTICIPANTS TO WATER SAFETY AND PROPER SWIM TECHNIQUE. OUR LEARN TO SWIM PROGRAMS VARY FROM ONE MONTH TO SEVERAL MONTHS IN DURATION AND OFFER THIRTY TO FORTY FIVE MINUTES OF INSTRUCTION MULTIPLE TIMES PER WEEK.
SWIM NEW ORLEANS HAS MISCELLANEOUS SWIMMING ACTIVITIES SUCH AS SUMMER SWIM TEAM AND MASTERS SWIMMING, THROUGH WHICH WE INTRODUCE YOUNG CHILDREN TO COMPETITIVE SWIMMING DURING THE SUMMER AND THROUGH WHICH ADULT SWIMMERS ARE ABLE TO STAY FIT BY SWIMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Royster Director | Trustee | 10 | $0 |
Nici Eichberger President & CEO | OfficerTrustee | 10 | $0 |
Nicole Beebe Director | Trustee | 10 | $0 |
Chad Primeaux Vice President | OfficerTrustee | 10 | $0 |
Greg Johnson Director | Trustee | 10 | $0 |
John Balhoff Treasurer | OfficerTrustee | 10 | $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 | $17,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,630 |
| Total Program Service Revenue | $353,029 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,210 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $379,869 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,510 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,738 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,965 |
| Office expenses | $1,478 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,630 |
| Travel | $40,979 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,655 |
| Insurance | $7,462 |
| All other expenses | $22,161 |
| Total functional expenses | $430,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,950 |
| Savings and temporary cash investments | $0 |
| 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 | $5,197 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $296,147 |
| Accounts payable and accrued expenses | $8,952 |
| Grants payable | $0 |
| Deferred revenue | $500 |
| 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 | $0 |
| Total liabilities | $9,452 |
| 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 | $286,695 |
| Total liabilities and net assets/fund balances | $296,147 |