Wasatch Aquatic Club
- Assets
- $21.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Heber City, UT
- Founding
- 03/2018
- Data as of
- 12/2021
- EIN
- 47-4667593
Organization Overview
Wasatch Aquatic Club is located in Heber City, UT. The organization was established in 2018. 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. Wasatch Aquatic Club 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, Wasatch Aquatic Club generated $130.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $132.8k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 5 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
1. TO EDUCATE CHILDREN, YOUTH AND ADULTS ABOUT THE LIFETIME HEALTH BENEFITS OF SWIMMING;2. TO PROMOTE PHYSICAL FITNESS, PROPER CONDITIONING AND HEALTHY HABITS AMONG PARTICIPANTS OF ALL AGES;3. TO PROVIDE OPPORTUNITIES FOR CHILDREN, YOUTH AND ADULT TEAM MEMBERS TO PARTICIPATE IN A WHOLESOME SPORTS AND RECREATIONAL OPPORTUNITIES; AND4. TO PROVIDE OPPORTUNITIES FOR TEAM MEMBERS TO PARTICIPATE IN ORGANIZED SWIMMINGCOMPETITIONS AT LOCAL, REGIONAL, STATE AND NATIONAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Tesch President | 20 | $28,661 | |
John Butler Vice Chairman | 0 | $0 | |
Stacey Jones Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,912 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,912 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,759 |
| Professional fees and other payments to independent contractors | $1,150 |
| Occupancy, rent, utilities, and maintenance | $2,114 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,789 |
| Total expenses | $132,812 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,165 |
| Other assets | $0 |
| Total assets | $20,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,978 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Usa Swimming Inc Colorado Springs, CO | $60,604,222 | $36,995,614 |
Pool & Hot Tub Foundation Colorado Springs, CO | $11,049,001 | $5,466,362 |
United States Team Penning Assn Inc Cheyenne, WY | $443,559 | $2,777,918 |
United States Synchronized Swimming Inc Colorado Springs, CO | $767,815 | $1,651,151 |
Steamboat Training Adaptive Recreational Sports Steamboat Springs, CO | $6,587,580 | $1,502,232 |
Scottsdale Aquatics Club Boosters Inc Scottsdale, AZ | $384,387 | $1,422,740 |
Highlands Ranch Aquatics Club Inc Highlands Ranch, CO | $351,068 | $874,760 |
Grand Canyon Youth Flagstaff, AZ | $1,989,034 | $1,269,297 |
Loveland Swim Club Inc Loveland, CO | $76,767 | $796,023 |
Fort Collins Area Swim Team Fort Collins, CO | $370,611 | $817,877 |
Olympus Aquatics Salt Lake City, UT | $22,936 | $731,235 |
Casper Boat Club Casper, WY | $389,864 | $670,282 |