Graylyn Crest Iii Swim Club Inc is located in Garnet Valley, PA. The organization was established in 1961. 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. Graylyn Crest Iii 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 09/2022, Graylyn Crest Iii Swim Club Inc generated $114.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $128.5k during the year ending 09/2022. 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
NBSL CHAMPS PROVIDED A FACILITY FOR 100'S OF KIDS TO COMPETE IN SWIM EVENTS ACROSS 2 DAYS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Ryan President | 2 | $0 | |
Jon Czek VP | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $10,000 |
Membership dues | $95,517 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $978 |
Total Revenue | $114,784 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $69,791 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $27,644 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $31,102 |
Total expenses | $128,537 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,669 |
Other assets | $0 |
Total assets | $476,946 |
Total liabilities | $121,329 |
Net assets or fund balances | $355,617 |
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