Rapid City Racers Swim Club Inc
- Assets
- $27.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rapid City, SD
- Founding
- 01/1992
- Data as of
- 08/2022
- EIN
- 46-0420810
Organization Overview
Rapid City Racers Swim Club Inc is located in Rapid City, SD. The organization was established in 1992. 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. Rapid City Racers 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 08/2022, Rapid City Racers Swim Club Inc generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $103.2k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES A COMPETITIVE USA SWIMMING PROGRAM FOR CHILDREN AND ORGANIZES ANNUAL SWIM MEETS TO CHALLENGE YOUTH INVOLVED IN THE SPORT. 55 SWIMMERS PARTICIPATE IN THIS PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Johnson President | 1 | $0 | |
Mike Schyver Vice Preside | 1 | $0 | |
Amber Anker Treasurer | 1 | $0 | |
Jennifer Johnson Director | 1 | $0 | |
Melissa Schyver Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,008 |
| Total Program Service Revenue | $88,158 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,207 |
| Other Revenue | $0 |
| Total Revenue | $104,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,172 |
| Professional fees and other payments to independent contractors | $1,747 |
| Occupancy, rent, utilities, and maintenance | $30,387 |
| Printing, publications, postage, and shipping | $129 |
| Other expenses | $34,739 |
| Total expenses | $103,174 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,773 |
| Other assets | $0 |
| Total assets | $27,707 |
| Total liabilities | $310 |
| Net assets or fund balances | $27,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whitefish Community Aquatics And Health Center Whitefish, MT | $2,592,588 | $4,004,806 |
United States Team Penning Assn Inc Cheyenne, WY | $443,559 | $2,777,918 |
Rochester Swim Club Orcas Rochester, MN | $1,478,113 | $1,744,806 |
Usa Swimming Inc Minnetonka, MN | $1,086,906 | $1,178,043 |
Casper Boat Club Casper, WY | $389,864 | $670,282 |
South Metro Storm Swim Club Lakeville, MN | $230,213 | $738,939 |
Edina Swim Club Inc Edina, MN | $440,938 | $736,378 |
Eden Prairie Foxjet Swim Team Eden Prairie, MN | $301,926 | $531,103 |
Minneapolis Sailing Center Minneapolis, MN | $376,071 | $638,488 |
South East Metro Sharks Swim Club Woodbury, MN | $391,727 | $538,632 |
Lake Minnetonka Sailing School Inc Excelsior, MN | $855,340 | $488,054 |
Great Wolf Swim Club Minneapolis, MN | $58,952 | $393,789 |