Montgomery County Swim League Inc
- Assets
- $52.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 01/1981
- Data as of
- 12/2021
- EIN
- 52-1175369
Organization Overview
Montgomery County Swim League Inc is located in Silver Spring, MD. The organization was established in 1981. 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. Montgomery County Swim League 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, Montgomery County Swim League Inc generated $53.9k 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 (3.0%) each year. All expenses for the organization totaled $20.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.3%) 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
MONTGOMERY COUNTY SWIM LEAGUE, INC. (MCSL) CONSISTS OF 88 SWIM TEAMS WITH MORE THAN 14,000 CHILDREN AGED 18 YEARS OR YOUNGER. MCSL PROVIDES RULES, AWARDS, ADMINISTRATIVE PAPERWORK, TRAINING FOR OFFICIALS AND ORGANIZATION FOR CHILDREN TO PARTICIPATE IN SUMMER SWIM MEETS IN A STRUCTURED ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
E Novatny President | 1 | $0 | |
R Fayed Secretary | 1 | $0 | |
K Frohman Vice President | 1 | $0 | |
J Moore Treasurer | 1 | $0 | |
T Allison Board Of Director | 1 | $0 | |
M Ament Board Of Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,056 |
| Membership dues | $34,800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,000 |
| Occupancy, rent, utilities, and maintenance | $3,303 |
| Printing, publications, postage, and shipping | $3,135 |
| Other expenses | $12,816 |
| Total expenses | $20,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,643 |
| Other assets | $0 |
| Total assets | $52,643 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nova Of Virginia Aquatics Inc Richmond, VA | $8,429,552 | $3,737,460 |
Occoquan Swimming Inc Manassas, VA | $416,953 | $2,263,892 |
American Canoe Association Fredericksburg, VA | $2,935,103 | $2,005,196 |
Old Dominion Boat Club Alexandria, VA | $11,245,214 | $1,105,837 |
Tide Swimming Virginia Beach, VA | $1,525,215 | $1,751,645 |
North Baltimore Aquatic Club Inc Towson, MD | $609,098 | $1,206,837 |
The Fish Swimteam Inc Fairfax, VA | $418,358 | $867,783 |
Highlands Swim And Tennis Club Inc Mclean, VA | $2,158,004 | $1,103,225 |
Usa Swimming Inc Appomattox, VA | $921,136 | $1,203,031 |
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 |