Swimchester Sailfish Inc
- Assets
- $48.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Sterling, KY
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-2793441
Organization Overview
Swimchester Sailfish Inc is located in Mount Sterling, KY. The organization was established in 2013. 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. Swimchester Sailfish 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 12/2021, Swimchester Sailfish Inc generated $174.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $160.8k 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 TRAINING FACILITIES, COACHES FOR TRAINING, ORGANIZED SWIM MEETS AND COACHES AT SWIM MEETS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Trent Treasurer | 4 | $1,500 | |
Frank Kraft President | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,355 |
| Total Program Service Revenue | $37,189 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $174,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $45,946 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,350 |
| Total expenses | $160,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,749 |
| Other assets | $0 |
| Total assets | $48,749 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,749 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Swimchester Sailfish Inc has recieved totaling $17,078.
| Awarding Organization | Amount |
|---|---|
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $17,078 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grow Boating Inc Chicago, IL | $0 | $3,002,017 |
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
Usa Swimming Inc Rolling Meadows, IL | $1,062,881 | $1,962,511 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Swiminc Inc Worthington, OH | $829,638 | $1,806,874 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Carmel Swim Club Carmel, IN | $1,078,759 | $1,620,809 |
Vermilion Boat Club Inc Vermilion, OH | $883,885 | $1,475,888 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
New Trier Aquatics Winnetka, IL | $670,855 | $1,422,426 |