Swim Club Inc
- Assets
- $120.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reidsville, NC
- Founding
- 04/1964
- Data as of
- 12/2023
- EIN
- 56-0789654
Organization Overview
Swim Club Inc is located in Reidsville, NC. The organization was established in 1964. 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. 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 12/2023, Swim Club Inc generated $35.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $27.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY POOL
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $35,772 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $125 |
| Total Revenue | $35,897 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,912 |
| Professional fees and other payments to independent contractors | $1,210 |
| Occupancy, rent, utilities, and maintenance | $9,188 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,751 |
| Total expenses | $27,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,995 |
| Other assets | $0 |
| Total assets | $120,005 |
| Total liabilities | $15,998 |
| Net assets or fund balances | $104,007 |