The Prince William Swim Club Inc, operating under the name Prince William Swim Club Inc, is located in Woodbridge, VA. The organization was established in 1995. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Prince William Swim Club Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prince William Swim 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 12/2022, Prince William Swim Club Inc generated $387.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $355.3k during the year ending 12/2022. While expenses have increased by 2.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PWSC PROVIDES YEAR ROUND SWIM PROGRAM FOR COMPETITIVE SWIMMERS OF ALL SKILL LEVELS BETWEEN THE AGES OF 5 AND 18. OUR ORGANIZATION STRIVES TO IMPROVE THE FITNESS, HEALTH, SELF CONFIDENCE AND SPORTSMANSHIP OF PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIM DUES, FEES AND REGISTRATIONS: THE PRINCE WILLIAM SWIM CLUB INC PROVIDES OPPORTUNITY FOR 9 COMPETITIVE PROGRAMS FOR SWIMMERS AT ALL LEVELS THROUGHOUT THE YEAR. APPROXIMATELY 160 SWIMMERS ARE MEMBERS OF THE SWIM CLUB THROUGHOUT THE YEAR. THE OBJECTIVE OF THE SWIM PROGRAM IS TO INSTILL CONFIDENCE, GOOD CHARACTER, TEAMWORK AND THE IMPORTANCE OF SELF MOTIVATION.
SWIM MEET HOSTING: THE PRINCE WILLIAM SMIM CLUB, INC HOST TWO MEETS DURING THE YEAR. AS HOSTS FOR SWIM TEAM ATTENDING OUR MEETS PAY ENTRY FEES PER EVENT/PER ATHLETE
SWIM FUNDRAISING: TO SUPPORT THE SWIM CLUB THE CLUB ENGAGES IN FUNDRAISING ACTIVITIES CONSISTING OF PAMPERED CHEF PROGRAM, SALE OF PERSONALIZED SWIM CAPS, SALE OF PERSONALIZED TOWELS, SALE OF T-SHIRTS AND AND WHITE HOUSE ORNAMENTS. FUNDS ARE USED TO KEEP INDIVIDUAL SWIMMING FEES AFFORDABLE FOR FAMILIES DESIRING TO BE MEMBERS OF THE SWIM CLUB.
MISC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Lane Financial Officer | Officer | 3 | $0 |
Colleen Sullivan Secretary | Officer | 0 | $0 |
Annemarie Juhlin President | Officer | 12 | $0 |
Deloris Benway Vice-President | Officer | 6 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $268,475 |
Fundraising events | $4,254 |
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 | $272,729 |
Total Program Service Revenue | $114,370 |
Investment income | $16 |
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 | $387,115 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $135,168 |
Advertising and promotion | $0 |
Office expenses | $346 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,777 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $203,108 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $355,313 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,071 |
Savings and temporary cash investments | $194,559 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $205,630 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $205,630 |
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 | $205,630 |
Over the last fiscal year, we have identified 1 grants that The Prince William Swim Club Inc has recieved totaling $25.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
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