Folsom Sea Otter Swim Club
- Assets
- $131.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Folsom, CA
- Founding
- 07/2012
- Data as of
- 12/2023
- EIN
- 68-0240594
Organization Overview
Folsom Sea Otter Swim Club is located in Folsom, CA. The organization was established in 2012. 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. Folsom Sea Otter Swim Club 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, Folsom Sea Otter Swim Club generated $175.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $163.7k during the year ending 12/2023. While expenses have increased by 5.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TEACHING SWIMMING AND DIVING TO CHILDREN. FSO HAD 382 SWIMMERS IN 2023 FOR THE SUMMER SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Brown President | 2 | $0 | |
Christine Braid Vice President | 2 | $0 | |
Megan Mayoral Treasurer | 2 | $0 | |
Christie Hirota Secretary | 2 | $0 | |
Brent Wendland Board Member | 2 | $0 | |
Renata Pleshchuk Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,230 |
| Total Program Service Revenue | $136,068 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,300 |
| Other Revenue | $673 |
| Total Revenue | $175,938 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,595 |
| Professional fees and other payments to independent contractors | $1,377 |
| Occupancy, rent, utilities, and maintenance | $37,649 |
| Printing, publications, postage, and shipping | $356 |
| Other expenses | $54,723 |
| Total expenses | $163,700 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $131,704 |
| Other assets | $0 |
| Total assets | $131,849 |
| Total liabilities | $0 |
| Net assets or fund balances | $131,849 |