City Of Plano Swimmers Inc
- Assets
- $1.9m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Plano, TX
- Founding
- 10/1982
- Data as of
- 08/2023
- EIN
- 75-1815867
Organization Overview
City Of Plano Swimmers Inc is located in Plano, TX. The organization was established in 1982. 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 08/2023, City Of Plano Swimmers Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Plano Swimmers 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 08/2023, City Of Plano Swimmers Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $1.2m during the year ending 08/2023. While expenses have increased by 1.5% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SWIMMING LESSONS AND SWIM MEETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE YEAR ROUND TRAINING AND COMPETITIONS FOR PLANO AREA SWIMMERS AGES 25 AND UNDER. CONDUCTED AND ATTENDED SWIM MEETS BENEFITTING DALLAS REGIONAL SWIMMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Jones President | OfficerTrustee | 3 | $0 |
Shana Shilliday Treasurer | OfficerTrustee | 1 | $0 |
Rebecca Mcferrin Secretary | OfficerTrustee | 1 | $0 |
Clay Callan Member At Large | Trustee | 1 | $0 |
Ted Carson CEO | Officer | 65 | $118,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,006,807 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,423 |
| Noncash contributions included in lines 1a–1f | $11,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,024,230 |
| Total Program Service Revenue | $238,430 |
| Investment income | $18,895 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $59,146 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,518 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,345,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $380 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $118,732 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $574,090 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $37,515 |
| Payroll taxes | $52,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,853 |
| Fees for services: Accounting | $1,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,486 |
| Advertising and promotion | $4,056 |
| Office expenses | $7,271 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,135 |
| Travel | $10,772 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,474 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,404 |
| All other expenses | $65,439 |
| Total functional expenses | $1,183,674 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $497,123 |
| Savings and temporary cash investments | $1,370,353 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,123 |
| 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 | $2,671 |
| Total assets | $1,873,170 |
| Accounts payable and accrued expenses | -$2,005 |
| 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 | -$2,005 |
| Net assets without donor restrictions | $1,687,894 |
| Net assets with donor restrictions | $187,281 |
| 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 | $1,873,170 |