Sv 5b Corporation is located in Ketchum, ID. The organization was established in 1999. 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. Sv 5b Corporation 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 12/2019, Sv 5b Corporation generated $30.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE CHILDREN OF THE WOOD RIVER VALLEY AN ORGANIZED SWIM TEAM, SPONSORED BY THE UNITED STATES SWIMMING ASSOCIATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Johnson Director | 1 | $0 | |
Melissa Fry Treasurer | 1 | $0 | |
Lisa Johnson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $30,567 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $30,567 |
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 | $17,066 |
Occupancy, rent, utilities, and maintenance | $6,399 |
Printing, publications, postage, and shipping | $390 |
Other expenses | $8,078 |
Total expenses | $31,933 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,440 |
Other assets | $0 |
Total assets | $8,440 |
Total liabilities | $0 |
Net assets or fund balances | $8,440 |
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