Shellcrest Swimming Club Inc
- Assets
- $352.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/2002
- EIN
- 51-0081648
Organization Overview
Shellcrest Swimming Club Inc is located in Wilmington, DE. The organization was established in 2002. 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. Shellcrest Swimming Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending undefined, Shellcrest Swimming Club Inc generated $100.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $111.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
SWIM TEAM PROVIDES COMPETITIVE SWIM TEAM FOR MEMBERS AGED 5 TO 18. COMPETE IN NORTH BRANDYWINE SWIM LEAGUE MEETS, CHAMPIONSHIPS AND TEAM SOCIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Liz Cutrona Secretary | 1 | $0 | |
CR Mcleod Vice President | 1 | $0 | |
Kate Cahill Social Chair | 0.5 | $0 | |
Bill Cushwa President | 1 | $0 | |
Stephanie Berger Membership | 1 | $0 | |
Alex Walsh Swim Team Chair | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,796 |
| Membership dues | $91,225 |
| Investment income | $0 |
| Gain or Loss | $1,183 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,204 |
| Statement of Expenses | |
|---|---|
| Total expenses | $111,346 |
| Balance Sheet | |
|---|---|
| Total assets | $352,867 |
| Total liabilities | $50,682 |
| Net assets or fund balances | $302,185 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Jersey Aquatic Club Voorhees, NJ | $176,269 | $1,185,963 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
Forest Hill Swim Club Inc Ellicott City, MD | $874,185 | $822,025 |
Usa Swimming Inc Blue Bell, PA | $1,171,270 | $977,140 |
Scranton Canoe Club Lake Winola, PA | $1,120,318 | $1,020,195 |
Nomahegan Swim Club Westfield, NJ | $1,955,204 | $1,200,408 |
Usa Swimming Inc Wall, NJ | $576,031 | $866,958 |
Eagle Swim Team Inc Reisterstown, MD | $645,960 | $846,293 |
Collegiate Water Polo Association Bridgeport, PA | $228,874 | $712,974 |
All Star Aquatics Potomac, MD | $620,640 | $899,276 |
Emmaus Aquatic Club Emmaus, PA | $617,320 | $944,594 |
Red Wave Swim Team Montclair, NJ | $315,832 | $902,418 |