Colorado Springs Swim Team Inc
- Assets
- $55.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 14
- Location
- Peyton, CO
- Founding
- 11/1988
- Data as of
- 09/2022
- EIN
- 84-1086110
Organization Overview
Colorado Springs Swim Team Inc is located in Peyton, CO. 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. As of 09/2022, Colorado Springs Swim Team Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Colorado Springs 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 09/2022, Colorado Springs Swim Team Inc generated $5.1k 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 (45.7%) each year. All expenses for the organization totaled $27.4k during the year ending 09/2022. 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 Mission:
Part 3 - Line 1
COMPETITIVE SWIMMING & TRAINING
Describe the Organization's Program Activity:
Part 3
SWIM MEETS, PRACTICE SESSIONS, AND COMPETITIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luke Schumm President | 0 | $0 | |
Kari Leach Administrator | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,912 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,182 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,094 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,646 |
| Salaries, other compensation, and employee benefits | $13,704 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $27,350 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,481 |
| Other assets | $0 |
| Total assets | $55,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,481 |