Durango-Rocky Mountain Swimming Inc
- Assets
- $43.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Durango, CO
- Founding
- 09/2000
- Data as of
- 08/2023
- EIN
- 84-1319893
Organization Overview
Durango-Rocky Mountain Swimming Inc is located in Durango, CO. The organization was established in 2000. 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. Durango-Rocky Mountain Swimming 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 08/2023, Durango-Rocky Mountain Swimming Inc generated $163.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $175.8k during the year ending 08/2023. While expenses have increased by 9.6% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE DURANGO SWIM CLUB CONTINUES TO GROW MEMBERSHIP WITHIN OUR COMMUNITY. AFTER INTRODUCING OUR PRE TEAM INTRODUCTORY GROUP IN THE 2021 SEASON, WE HAVE BEEN PLEASED WITH THE GROWTH WE HAVE EXPERIENCED. WE ARE ABLE TO PROVIDE INTRODUCTORY INSTRUCTION TO 40 KIDS PER YEAR, HELPING TO ENSURE THOSE KIDS WILL HAVE THE SKILLS NECESSARY TO BE SAFE IN WATER. THE CONTINUED PROGRESS OF SWIMMERS IN OUR TEAM SQUADS WHO CONTINUE TO RISE IN THEIR SKILL LEVELS AND MOVE THROUGH THE DIFFERENT LEVELS OF INSTRUCTION WE OFFER IS IMPRESSIVE. SEVERAL OF OUR SENIOR LEVEL SWIMMERS TRAVELED TO HIGHLY COMPETITIVE, QUALIFYING MEETS IN CALIFORNIA AND WASHINGTON TO COMPETE. WE ALSO HAD ONE GRADUATING ATHLETE COMMIT TO SWIMMING AT A NCAA DIVISION II COLLEGE. WE ARE PROUD OF THE GROWTH OUR ATHLETES CONTINUE TO MAKE.ONE OF THE MOST SIGNIFICANT INVESTMENTS INTO OUR TEAM AND COMMUNITY THAT WE HAVE EVER ACCOMPLISHED IS THAT WE WERE ABLE TO RAISE FUNDS AND PARTNER WITH THE CITY OF DURANGO RECREATION CENTER TO PURCHASE NEW STARTING BLOCKS FOR THE POOL. THE BLOCKS WERE 20 YEARS OLD AND WERE SLICK AND UNSAFE FOR OUR ATHLETES. THROUGH THE GENEROSITY OF DONORS WE WERE ABLE TO COMPLETE THE PURCHASE AND INSTALL THE BLOCKS IN AUGUST 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl Bidart Trustee | 2 | $0 | |
Kristin Thomas President | 2 | $0 | |
Mary Hawley Treasurer | 2 | $0 | |
Sarah Field Trustee | 2 | $0 | |
Verity Becher Secretary | 2 | $0 | |
Andrew Allport Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,191 |
| Total Program Service Revenue | $23,491 |
| Membership dues | $78,833 |
| Investment income | $53 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,202 |
| Other Revenue | $0 |
| Total Revenue | $163,371 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,488 |
| Professional fees and other payments to independent contractors | $2,915 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,418 |
| Total expenses | $175,821 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,592 |
| Other assets | $0 |
| Total assets | $43,592 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,592 |