Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool
- Assets
- $250.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 03/1979
- EIN
- 51-0233884
Organization Overview
Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool is located in Arlington, VA. The organization was established in 1979. 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. Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Arlington Aquatic Club Boosters Inc Wakefield Hs Swimming Pool generated $64.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $38.4k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (16.9%) per year over the past 7 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
THE MONEY EARNED FROM ANNUAL REGISTRATION FEES TO SWIMMERS, HOSTING SWIM MEETS, AND OTHER FEES CHARGED TO SWIMMERS IS USED TO COVER THE COSTS OF OPERATING THE DEVELOPMENTAL AND COMPETITIVE SWIM PROGRAMS. THE SIGNIFICANT COSTS OF OPERATIONS INCLUDE SWIM MEET ENTRY FEES, WHICH WERE APPROXIMATELY 6% OF TOTAL COSTS, AND USA SWIMMING REGISTRATION FEES, WHICH WERE APPROXIMATELY 35% OF TOTAL COSTS, SWIMMER AND COACHES APPAREL, WHICH WERE ABOUT 15% OF TOTAL COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Huske Vice President | 2 | $0 | |
Beth Walenta Director | 2 | $0 | |
Adam Kress Treasurer | 4 | $0 | |
Mark Black Director | 2 | $0 | |
Bradley Hughes President | 2 | $0 | |
Bud Roth Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,919 |
| Total Program Service Revenue | $700 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,619 |
| Statement of Expenses | |
|---|---|
| Total expenses | $38,444 |
| Balance Sheet | |
|---|---|
| Total assets | $250,531 |
| Total liabilities | $455 |
| Net assets or fund balances | $250,076 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Divers Alert Network Durham, NC | $37,418,607 | $12,273,989 |
Mecklenburg Aquatic Club Inc Charlotte, NC | $2,813,176 | $4,694,169 |
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
Hollow Rock Racquet And Swim Club Inc Durham, NC | $3,219,714 | $2,479,240 |
Raleigh Swimming Association Raleigh, NC | $3,136,776 | $2,156,316 |
United States Power Squadrons Raleigh, NC | $2,932,406 | $2,085,267 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Excel Aquatics Brentwood, TN | $851,394 | $1,571,381 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Nashville Aquatic Club Nashville, TN | $573,153 | $1,290,870 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |