Blue Tide Aquatics 081894 is located in Kingwood, TX. The organization was established in 1997. 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 08/2022, Blue Tide Aquatics 081894 employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Tide Aquatics 081894 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 08/2022, Blue Tide Aquatics 081894 generated $925.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $850.1k during the year ending 08/2022. While expenses have increased by 5.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPONSOR AND DEVELOP A NATIONALLY RANKED AQUATIC TEAM AND FURTHER THE INTEREST AND EDUCATION OF CHILDREN AND THEIR PARENTS IN COMPETITIVE AQUATIC SPORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FISCAL YEAR ENDED 2022, APPROXIMATELY 153 BLUE TIDE AQUATICS SWIMMERS COMPETED IN MEETS OVER A WIDE SPECTRUM OF COMPETITIVE LEVELS AND AGE GROUPS. SWIMMERS COMPETED AT LOCAL, REGIONAL, AND NATIONAL MEETS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joshua Stibrich President | OfficerTrustee | $0 | |
Tricia Etter Secretary | OfficerTrustee | $0 | |
Jennifer Kalvaitis Treasurer | OfficerTrustee | $0 | |
Tina Thibodeaux Vice Preside | OfficerTrustee | $0 | |
Chris Stephenson Director | Trustee | $0 | |
Lori Scott Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $107,097 |
All other contributions, gifts, grants, and similar amounts not included above | $24,951 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $132,048 |
Total Program Service Revenue | $773,281 |
Investment income | $21 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $19,973 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $925,323 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $337,178 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $9,456 |
Payroll taxes | $26,792 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,261 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,244 |
Office expenses | $766 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $116,585 |
Travel | $159,413 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,876 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21,919 |
Insurance | $18,110 |
All other expenses | $43,867 |
Total functional expenses | $850,121 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $28,845 |
Savings and temporary cash investments | $115,474 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $11,194 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $79,652 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,000 |
Total assets | $239,165 |
Accounts payable and accrued expenses | $0 |
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 | $25,000 |
Total liabilities | $25,000 |
Net assets without donor restrictions | $214,165 |
Net assets with donor restrictions | $0 |
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 | $239,165 |
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Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
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Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
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Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |
Austin Rowing Club Austin, TX | $793,099 | $1,451,124 |
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City Of Plano Swimmers Inc Plano, TX | $1,713,838 | $1,678,096 |