Woodland Masters Swim Team is located in The Woodlands, TX. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodland Masters Swim Team 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 12/2022, Woodland Masters Swim Team generated $81.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $82.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE COACHED SWIMMING PRACTICES FOR 150 SWIMMERS; PROVIDED SWIMMING COMPETITIONS; PROVIDED SUPPORT TO LOCAL SWIMMING PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alana Wilson President | 15 | $0 | |
Ted Eicks Vice President | 10 | $0 | |
D Scot Marshall Treasurer | 10 | $0 | |
Tom Boak Past President | 5 | $0 | |
Steve White Coaches Rep | 5 | $0 | |
Kristen Nates Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,093 |
Total Program Service Revenue | $0 |
Membership dues | $69,851 |
Investment income | $41 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,565 |
Other Revenue | $0 |
Total Revenue | $81,493 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $35,513 |
Occupancy, rent, utilities, and maintenance | $34,185 |
Printing, publications, postage, and shipping | $274 |
Other expenses | $10,325 |
Total expenses | $82,707 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $109,204 |
Other assets | $0 |
Total assets | $112,255 |
Total liabilities | $42,638 |
Net assets or fund balances | $69,617 |