Sherwood Park Swim Club
- Assets
- $21.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1960
- Data as of
- 09/2022
- 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 09/2022, Sherwood Park Swim Club generated $78.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $82.1k during the year ending 09/2022. While expenses have increased by 4.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DUES FROM MEMBERS TO SUPPORT MAINTENANCE AND COVER LIFEGUARD PAYROLL. PROVIDE SOCIAL ACTIVITIES AND PROGRAMS LIKE SWIM TEAM FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Balan President | 2 | $0 | |
Amy Saunders Membership | 2 | $0 | |
Kristen Salfas Treasurer | 2 | $0 | |
Amy Zielinski Membership | 2 | $0 | |
Beth Zerker Secretary | 2 | $0 | |
Kym Mcgory Social | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,950 |
| Total Program Service Revenue | $1,360 |
| Membership dues | $64,071 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,347 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,831 |
| Professional fees and other payments to independent contractors | $16,400 |
| Occupancy, rent, utilities, and maintenance | $23,397 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $13,455 |
| Total expenses | $82,106 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,234 |
| Other assets | $0 |
| Total assets | $21,234 |
| Total liabilities | $40,250 |
| Net assets or fund balances | -$19,016 |
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 |