Monocacy Aquatic Club Inc

Organization Overview

Monocacy Aquatic Club Inc is located in Frederick, MD. The organization was established in 1978. 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. As of 05/2023, Monocacy Aquatic Club Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monocacy Aquatic Club 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 05/2023, Monocacy Aquatic Club Inc generated $558.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $554.8k during the year ending 05/2023. While expenses have increased by 6.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRING YOUNG ATHLETES TO SUCCEED IN LIFE THROUGH THE PURSUIT OF EXCELLENCE IN SWIMMING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAC SWIM TEAM: TO TRAIN ATHLETES IN THE COMPETITIVE SPORT OF SWIMMING TO ACHIEVE LOCAL, REGIONAL AND NATIONAL LEVELS OF EXCELLENCE WITHIN THE USA SWIMMING PROGRAM.


PRE TEAM: TO DEVELOP YOUNG ATHLETES UNDER THE AGE OF 10 TO PREPARE FOR COMPETITIVE SWIMMING.


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Board, Officers & Key Employees

Name (title)Compensation
Saule Smariga
President
$0
Kathleen Jacobs
Vice Preside
$0
Jenny Thornett
Treasurer
$0
Correy Camalier
Assistant Tr
$0
Louise Headland
Secretary
$0
Chris Kaplan
Director
$82,520

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$558,285
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $558,285

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