Razorback Aquatic Club Inc

Organization Overview

Razorback Aquatic Club Inc is located in Springdale, AR. The organization was established in 1988. 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 06/2024, Razorback Aquatic Club Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Razorback Aquatic 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 06/2024, Razorback Aquatic Club Inc generated $669.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $655.8k during the year ending 06/2024. While expenses have increased by 2.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE NAME OF THE ORGANIZATION SHALL BE THE RAZORBACK AQUATIC CLUB, INC. (REFERRED TO BELOW AS "RAC"). RAC IS A NOT-FOR-PROFIT CORPORATION, AND IS DEDICATED TO THE IMPROVEMENT, PROGRESS, AND PROMOTION OF THE SPORT OF SWIMMING. THE PURPOSE OF THIS NON-PROFIT CORPORATION IS AS FOLLOWS: 1.TO FURTHER THE INTEREST, AWARENESS, AND EDUCATION IN THE SPORT OF SWIMMING. 2.TO PROMOTE THE DEVELOPMENT OF SWIM SKILLS, GOOD SPORTSMANSHIP, INDIVIDUAL INTEGRITY, LEADERSHIP, AND A POSITIVE TEAM ATMOSPHERE FOR ALL CLUB SWIMMERS. 3.TO PROMOTE COMPETITIVE SWIMMING ON THE LOCAL, REGIONAL, AND NATIONAL LEVELS. 4.TO PROMOTE AQUATIC ACTIVITIES AND SAFETY AS PART OF A HEALTHY LIFESTYLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICES AND ACCOMPLISHMENTS: WE TEACH SWIM FUNDAMENTALS, GOOD SPORTSMANSHIP AND LIFE SKILLS NEEDED FOR A LIFETIME OF SWIMMING ENJOYMENT. ACCOMPLISHMENTS FOR THE YEAR INCLUDE MORE THAN 12 TEAM HOSTED SWIM MEETS, MULTIPLE ATHLETES PLACING IN STATE LEVEL MEETS AND SEVERAL AT NATIONAL LEVEL MEETS. OUR SWIM SCHOOL TOUCHES OVER 1000 STUDENTS THROUGH LESSONS AND SUMMER SWIM LEAGUE.


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Board, Officers & Key Employees

Name (title)Compensation
Jody Boatright
Officer
$0
Joe Bussell
President
$0
Tori Johnson
Officer
$0
Gary Koenig
Officer
$0
John Moseley
Dir. Of Oper
$0
Aaron Schaub
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
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$0
Total Program Service Revenue$666,555
Investment income $2,766
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 $669,321

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