Towamencin Swim Team Inc
- Assets
- $40.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kulpsville, PA
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 46-4423041
Organization Overview
Towamencin Swim Team Inc is located in Kulpsville, PA. The organization was established in 2015. 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. Towamencin Swim Team 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 12/2023, Towamencin Swim Team Inc generated $45.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $36.2k during the year ending 12/2023. While expenses have increased by 6.6% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
THE TEAM SHALL STRIVE FOR THE ESTABLISHMENT AND MAINTENANCE OF A COMPETITIVE SWIMMING PROGRAM THAT PROMOTES GOOD SPORTSMANSHIP, PHYSICAL AND MENTAL CONDITIONING FOR COMPETITIVE SWIMMING AND TEAM SPIRIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Kindred President | 10 | $0 | |
Laura Heebner Vice President | 5 | $0 | |
Josh Heebner Treasurer | 5 | $0 | |
Louise Bellew Secretary | 3 | $0 | |
Lisa Sommer League Rep | 3 | $0 | |
Sam Wright-Lee Dive Team Lead | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $29,359 |
| Investment income | $632 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,439 |
| Other Revenue | $0 |
| Total Revenue | $45,430 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,910 |
| Professional fees and other payments to independent contractors | $1,241 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $324 |
| Other expenses | $15,753 |
| Total expenses | $36,228 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,165 |
| Other assets | $0 |
| Total assets | $40,165 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,165 |