Imperial Oaks Swim Team
- Assets
- $55.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring, TX
- Founding
- 12/2016
- Data as of
- 12/2022
- EIN
- 81-1463099
Organization Overview
Imperial Oaks Swim Team is located in Spring, TX. The organization was established in 2016. 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. Imperial Oaks 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, Imperial Oaks Swim Team generated $62.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $59.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hamner Vice President | 15 | $0 | |
Bill Carruth President | 15 | $0 | |
Pamela Brightman Treasurer | 15 | $0 | |
Craig Glennie Director | 15 | $0 | |
Casey Errera Director | 15 | $0 | |
Mindy Fenter Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,535 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,828 |
| Other Revenue | $14,236 |
| Total Revenue | $62,599 |
| 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 | $33,133 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,852 |
| Total expenses | $58,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,907 |
| Other assets | $0 |
| Total assets | $55,107 |
| Total liabilities | $4,720 |
| Net assets or fund balances | $50,387 |