Kings Ridge Swim Club Inc
- Assets
- $404.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 05/1977
- Data as of
- 12/2021
- EIN
- 54-1031637
Organization Overview
Kings Ridge Swim Club Inc is located in Fairfax, VA. The organization was established in 1977. 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. Kings Ridge Swim Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Kings Ridge Swim Club Inc generated $124.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $138.8k during the year ending 12/2021. While expenses have increased by 8.2% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SWIM CLUB PROVIDES SWIMMING POOL SERVICES TO ITS OVER 200 FAMILY, COUPLE, AND INDIVIDUAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Swim Team Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,333 |
| Total Program Service Revenue | $0 |
| Membership dues | $112,825 |
| Investment income | $82 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,044 |
| Total Revenue | $124,714 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,793 |
| Professional fees and other payments to independent contractors | $11,260 |
| Occupancy, rent, utilities, and maintenance | $82,896 |
| Printing, publications, postage, and shipping | $21 |
| Other expenses | $13,837 |
| Total expenses | $138,807 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,390 |
| Other assets | $0 |
| Total assets | $404,890 |
| Total liabilities | $130,305 |
| Net assets or fund balances | $274,585 |
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