Pool & Hot Tub Foundation
- Assets
- $10.5m
- Revenue
- $5.8m
- Investments
- $405.4k
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 07/1968
- Data as of
- 12/2023
- EIN
- 52-6081248
Organization Overview
Pool & Hot Tub Foundation is located in Alexandria, VA. The organization was established in 1968. 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. Pool & Hot Tub Foundation 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 12/2023, Pool & Hot Tub Foundation generated $5.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $6.4m during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 9 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.
Since 2014, Pool & Hot Tub Foundation has awarded 79 individual grants totaling $2,394,034. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTIONAL PROGRAMS: THE POOL & HOT TUB FOUNDATION (PHTF) ENCOURAGES HEALTHIER LIVING BY INCREASING AQUATIC ACTIVITY THROUGH EDUCATION AND RESEARCH. PHTF PROVIDES NUMEROUS EDUCATIONAL PROGRAMS THAT HELP PREVENT DROWNING, INJURY, ILLNESS AND FACILITY DAMAGE. IN ADDITION, THE PHTF SPONSORS RESEARCH AND DISSEMINATES RESULTS THROUGH PUBLICATIONS AND A SCIENTIFIC CONFERENCE.
STEP INTO SWIM: THE POOL AND HOT TUB FOUNDATION (PHTF) FUNDS PROGRAMS THAT PROVIDE FREE AND LOW-COST SWIM LESSONS TO UNDERSERVED COMMUNITIES AND ADVOCATES FOR SAFE PRACTICES IN AND AROUND THE WATER.
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 |
|---|---|---|---|
Charlie Claffey Chairman | OfficerTrustee | 4 | $0 |
Joseph Laurino Chairman-Elect | OfficerTrustee | 4 | $0 |
Scott Frost Treasurer | OfficerTrustee | 4 | $0 |
Keith Harbeck Secretary | OfficerTrustee | 4 | $0 |
Andy Levinson Immediate Past Chairman | Trustee | 1 | $0 |
Bob Blanda Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vault Communications Public Relations Support | 12/30/23 | $333,748 |
Cornell University Education Development | 12/30/23 | $109,000 |
Skip Phillips Llc Education Consulting And Instruction | 12/30/23 | $106,914 |
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 | $760,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $760,876 |
| Total Program Service Revenue | $4,959,380 |
| Investment income | $264,802 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $5,755 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$231,684 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,759,312 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $804,706 |
| Grants and other assistance to domestic individuals. | $20,140 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $335,042 |
| Compensation of current officers, directors, key employees. | $167,521 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,310,372 |
| Pension plan accruals and contributions | $40,053 |
| Other employee benefits | $98,380 |
| Payroll taxes | $113,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $99,830 |
| Fees for services: Accounting | $48,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $338,656 |
| Fees for services: Other | $1,104,358 |
| Advertising and promotion | $98,267 |
| Office expenses | $196,904 |
| Information technology | $362,252 |
| Royalties | $79,453 |
| Occupancy | $121,521 |
| Travel | $109,760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $468,345 |
| Interest | $10 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,221 |
| Insurance | $38,451 |
| All other expenses | $681 |
| Total functional expenses | $6,401,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,591 |
| Savings and temporary cash investments | $858,097 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $119,744 |
| Prepaid expenses and deferred charges | $105,333 |
| Net Land, buildings, and equipment | $48,688 |
| Investments—publicly traded securities | $8,664,062 |
| Investments—other securities | $405,361 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,035 |
| Total assets | $10,464,571 |
| Accounts payable and accrued expenses | $115,318 |
| Grants payable | $0 |
| Deferred revenue | $88,790 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $204,108 |
| Net assets without donor restrictions | $9,974,944 |
| Net assets with donor restrictions | $285,519 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,464,571 |
Grants Awarded
Over the last fiscal year, Pool & Hot Tub Foundation has awarded $603,900 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ROSEN AQUATIC AND FITNESS CENTER INC PURPOSE: STEP INTO SWIM | $100,000 |
MICHAEL PHELPS FOUNDATION PURPOSE: STEP INTO SWIM | $16,000 |
ROSE BOWL AQUATICS CENTER PURPOSE: STEP INTO SWIM | $12,500 |
USA SWIMMING FOUNDATION PURPOSE: STEP INTO SWIM | $40,000 |
LITTLE AQUATICS LLC PURPOSE: STEP INTO SWIM | $7,000 |
CARMEL SWIM CLUB INC PURPOSE: STEP INTO SWIM | $6,000 |