Sherwood Park Swim Club
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1960
- Data as of
- 09/2024
- EIN
- 51-0084038
Organization Overview
Sherwood Park Swim Club is located in Wilmington, 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. Sherwood Park Swim Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2024, Sherwood Park Swim Club generated $98.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $95.7k during the year ending 09/2024. While expenses have increased by 5.7% per year over the past 8 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
2024
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Balan President | 2 | $0 | |
Kristen Salfas Treasurer | 2 | $0 | |
Beth Jeker Secretary | 2 | $0 | |
Amy Saunders Membership | 2 | $0 | |
Kimberly White Membership | 2 | $0 | |
Kym Mcgrory Social | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $785 |
| Total Program Service Revenue | $10,648 |
| Membership dues | $81,341 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,757 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $40,940 |
| Professional fees and other payments to independent contractors | $17,592 |
| Occupancy, rent, utilities, and maintenance | $19,068 |
| Printing, publications, postage, and shipping | $361 |
| Other expenses | $17,741 |
| Total expenses | $95,702 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,294 |
| Other assets | $0 |
| Total assets | $35,294 |
| Total liabilities | $40,250 |
| Net assets or fund balances | -$4,956 |