Wellington Sharks Swim Team Inc is located in Flower Mound, TX. The organization was established in 2011. 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. Wellington Sharks Swim Team 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 undefined, Wellington Sharks Swim Team Inc generated $40.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $35.7k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
Describe the Organization's Program Activity:
Part 3
PROVIDED SWIM INSTRUCTION TO 240 SWIMMERS REPRESENTING 150 WELLINGTON FAMILIES. PARTIAL SEASON DUE TO CO-VID 19.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melissa Masters President | 0 | $0 | |
Marie Wells Vice President | 0 | $0 | |
Kimberly Medina Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $40,129 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,131 |
Statement of Expenses | |
---|---|
Total expenses | $35,708 |
Balance Sheet | |
---|---|
Total assets | $19,104 |
Total liabilities | $0 |
Net assets or fund balances | $19,104 |