Delaware Riptide Aquatics Swim Team Inc
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middletown, DE
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 51-0372921
Organization Overview
Delaware Riptide Aquatics Swim Team Inc is located in Middletown, DE. The organization was established in 1997. 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. Delaware Riptide Aquatics Swim Team Inc 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 12/2021, Delaware Riptide Aquatics Swim Team Inc generated $9.3k 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 (12.1%) each year. All expenses for the organization totaled $14.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
2021
Describe the Organization's Program Activity:
Part 3
OUR SWIM TEAM BENEFITED 54 SWIMMERS AGED 6-18. THE PROGRAM USUALLY SERVES 80-100 SWIMMERS BUT DUE TO COVID-19 OUR NUMBERS WERE AFFECTED. DESPITE THE LOWER TURNOUT WE WERE ABLE TO COMPETE IN 6 MEETS OVER THE SUMMER OF 2021. WE ARE A SUMMER PROGRAM SUPPORTED ENTIRELY BY DUES PAID BY THE FAMILIES THAT SWIM
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenzy Green Head Coach | 20 | $2,992 | |
Conor Bradley Assistant Coach | 15 | $2,164 | |
Joseph Bond President | 5 | $0 | |
Cameron Tuohy Guard | 10 | $490 | |
Ethan Saylor Guard | 10 | $475 | |
Braydon Saylor Guard | 10 | $460 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,324 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,324 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,181 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,321 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,308 |
| Total expenses | $14,810 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,956 |
| Other assets | $0 |
| Total assets | $4,956 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,956 |
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 |