Rappahannock Area Ymca Swim Team
- Assets
- $831.2k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 46
- Location
- Stafford, VA
- Founding
- 03/1990
- Data as of
- 12/2022
- EIN
- 54-1206644
Organization Overview
Rappahannock Area Ymca Swim Team is located in Stafford, VA. The organization was established in 1990. 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 12/2022, Rappahannock Area YMCA Swim Team employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rappahannock Area YMCA Swim Team 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 12/2022, Rappahannock Area YMCA Swim Team generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 8.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A SWIM TEAM ASSOCIATED WITH THE FREDERICKSBURG AREA YMCA THAT PROVIDES YOUTH WITH THE OPPORTUNITY TO LEARN TO SWIM AND COMPETE. MANY SOCIAL SKILLS ARE TAUGHT TO PROVIDE A WELL-ROUNDED FOUNDATION FOR THE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEARN HOW TO SWIM AND COMPETE ALONG WITH SOCIAL SKILLS
LEARN HOW TO SWIM AND COMPETE ALONG WITH SOCIAL SKILLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lydia Green Social Committee Chairperson | Officer | 20 | $0 |
Bobbi Parker Secretary | Officer | 20 | $0 |
Michael Kainu President | Officer | 20 | $0 |
Lizzie Verbel Team Manager | Officer | 20 | $0 |
Chris Sowers Treasurer | Officer | 20 | $0 |
Megan Struder Meet Director | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $923,821 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $924,614 |
| Total Program Service Revenue | $275,841 |
| 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 | $1,203,432 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $487,308 |
| Pension plan accruals and contributions | $4,909 |
| Other employee benefits | $14,433 |
| Payroll taxes | $38,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,150 |
| Advertising and promotion | $224 |
| Office expenses | $18,779 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,938 |
| All other expenses | $18,107 |
| Total functional expenses | $1,153,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $721,623 |
| Savings and temporary cash investments | $10,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,819 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $831,165 |
| Accounts payable and accrued expenses | $26,895 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $26,895 |
| Net assets without donor restrictions | $804,270 |
| Net assets with donor restrictions | $0 |
| 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 | $831,165 |