Swinging With Purpose Inc
- Assets
- $160.6k
- Revenue
- $138.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4601044
Organization Overview
Swinging With Purpose Inc is located in Bonita Springs, FL. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swinging With Purpose 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, Swinging With Purpose Inc generated $138.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $97.4k during the year ending 12/2021. While expenses have increased by 6.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH VARIOUS GOLF AND OTHER FUNDRAISING VENUES, WE PROVIDE SUPPORT TO GRASSROOTS ORGANIZATIONS SERVING THE NEEDS OF WOMEN, GIRLS AND CHILDREN IN OUR COMMUNITY. WE CAREFULLY SELECT ANNUAL BENEFICIARIES THROUGH A FORMAL GRANT APPLICATION PROCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEING SELECTED AS ONE OF THE 80 NATIONAL CHARITIES SUPPORTED BY LIBERTY MUTUAL HAS BEEN A MAJOR ACCOMPLISHMENT FOR SWP. WITH THE LIBERTY MUTUAL INVITATIONAL (LMI) SPONSORSHIP BENEFITTING SWINGING WITH PURPOSE(TM) (SWP), WE HAVE INCREASED THE VALUE AND EXPERIENCE OF THE GOLF TOURNAMENT FOR THE PLAYERS. THE LMI PROVIDES A SPONSORSHIP PACKAGE VALUED AT $50,000 AND REDUCES THE SWP EXPENSES AND GIVES US AN OPPORTUNITY TO INCREASE THE TOURNAMENT FEES. THE TOURNAMENT RESULTS PROVIDE A GREATER RETURN (NET AFTER EXPENSES) FOR OUR BENEFICIARIES. THE INAUGURAL LMI GOLF TOURNAMENT WAS HELD IN MAY 2018. SWP ALSO DOES MISCELLANEOUS FUNDRAISING VENUES TO BUILD A FUND TO SUPPORT UNFORESEEN NEEDS OF SMALLER NON-PROFIT ORGANIZATIONS DURING THE YEAR. AS A RESULT, WE WERE ABLE TO PROVIDE MISCELLANEOUS SUPPORT AND COVID RELIEF TO SUCH ORGANIZATIONS. THESE ORGANIZATIONS MAY OR MAY NOT HAVE BEEN WITHIN THE FAMILY OF 2021 BENEFICIARIES BUT WERE LIKELY RECIPIENTS OF SWP SUPPORT IN THE PAST. WE BELIEVE ONCE A BENEFICIARY, YOU ARE ALWAYS IN THE SWP FAMILY. THIS WAS A LESSON LEARNED AS A RESULT OF HURRICANE IRMA WHEN WE WERE ABLE TO STEP IN AND OFFER ASSISTANCE FROM AN EMERGENCY FUND HELD BY SWP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana L Gould Riley President | OfficerTrustee | 2 | $0 |
Rose Harper Director | Trustee | 2 | $0 |
Cheryl Ollila Vice President | Trustee | 2 | $0 |
Kelly Cox Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $99,687 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $137,997 |
| Total Program Service Revenue | $0 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $138,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $77,220 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $561 |
| Office expenses | $13,345 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $403 |
| All other expenses | $1,132 |
| Total functional expenses | $97,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,640 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $160,640 |
| Accounts payable and accrued expenses | $66 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $66 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $160,574 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $160,640 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Swinging With Purpose Inc has recieved totaling $16,800.
| Awarding Organization | Amount |
|---|---|
John Vos Family Foundation Inc Laurel, MD PURPOSE: SUPPORTS GRASSROOTS ORGANIZATIONS FOR WOMEN AND GIRLS | $6,000 |
The Arthur M Blank Family Foundation Atlanta, GA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Joan Capps Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $800 |
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|---|---|---|
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Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |
Kenneth M And Sue B Henson Charitable Tr Columbus, GA | $128,427 | $4,166 |
Alabama Quality Assurance Foundation Birmingham, AL | $2,705,369 | $2,946,978 |
Adults Mankind Organization Inc Miami, FL | $649,293 | $3,052,521 |
Star Choices Inc Macon, GA | $3,954,236 | $2,942,133 |
American Academy Of Religion Inc Atlanta, GA | $12,832,858 | $1,627,436 |
Intown Community School Ics Atlanta, GA | $2,336,997 | $3,039,044 |