Ashbourne Swim Club Inc
- Assets
- $101.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Claymont, DE
- Founding
- 01/1960
- Data as of
- 12/2023
- EIN
- 51-0083297
Organization Overview
Ashbourne Swim Club Inc is located in Claymont, DE. The organization was established in 1960. 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. Ashbourne Swim 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 12/2023, Ashbourne Swim Club Inc generated $110.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $116.1k during the year ending 12/2023. While expenses have increased by 7.8% 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
2023
Describe the Organization's Program Activity:
Part 3
ASHBOURNE SWIM CLUB, INC. OFFERS SOCIAL AND RECREATIONAL SWIMMING ACTIVITIES FOR ALL OF ITS MEMBERS AND GUESTS. WE ARE A SEASONAL SUMMER SWIM CLUB IN WILMINGTON DELAWARE, GENERALLY OPEN FROM MEMORIAL DAY TO LABOR DAY EACH SEASON. WE OFFER A 6 LANE, 25 MEETER POOL WITH A LARGE DIVING WELL, WHICH INCLUDES A DIVING BOARD AND A SLIDE. IN ADDITION, WE OFFER A SMALL WADING POOL FOR CHILDREN UNDER THE AGE OF 6. ON AVERAGE, OUR POOL HOURS ARE FROM 12PM TO 8PM EACH DAY AND WE SERVE APPROXIMATELY 125 FAMILIES DURING THE SUMMER. IN ADDITION TO THE ACTIVITIES IN THE POOL, WE OFFER A SOCIAL SETTING FOR BOTH CHILDREN AND ADULTS TO RELAX AND ENJOY EACH OTHER'S COMPANY DURING THE SUMMER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Jackson Vice President | 1 | $0 | |
Veryl Burns Vice President | 1 | $0 | |
Anthony Skwirut Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,644 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,473 |
| Other Revenue | $0 |
| Total Revenue | $110,117 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,112 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $61,717 |
| Printing, publications, postage, and shipping | $3,340 |
| Other expenses | $9,980 |
| Total expenses | $116,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,149 |
| Other assets | $0 |
| Total assets | $101,034 |
| Total liabilities | $8,250 |
| Net assets or fund balances | $92,784 |