Los Almos Swim Team Incorporated is located in Los Alamos, NM. The organization was established in 1993. 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 08/2021, Los Almos Swim Team Incorporated employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Almos Swim Team Incorporated 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 08/2021, Los Almos Swim Team Incorporated generated $110.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $113.9k during the year ending 08/2021. While expenses have increased by 5.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
MEET REGISTRATIONS: PROVIDE PAYMENT TO HOSTING TEAMS FOR ALL SWIM TEAM PARTICIPANTS IN ANY PARTICULAR MEET. NM SWIMMING REGISTRATIONS: PROVIDE PAYMENTS TO STATE AND NATIONAL LEVEL ORGANIZATIONS WHICH PROVIDE INSURANCE TO SWIMMERS AND TEAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Borovina Vice President | 3 | $0 | |
Laila Badran President | 3 | $0 | |
Jolynn Baily Treasurer | 7 | $0 | |
Catherine Snelson Secretary | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,209 |
Total Program Service Revenue | $91,203 |
Membership dues | $0 |
Investment income | $17 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,776 |
Other Revenue | $10,000 |
Total Revenue | $110,205 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $71,892 |
Professional fees and other payments to independent contractors | $8,254 |
Occupancy, rent, utilities, and maintenance | $3,693 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,058 |
Total expenses | $113,897 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $62,790 |
Other assets | $0 |
Total assets | $66,140 |
Total liabilities | $1,530 |
Net assets or fund balances | $64,610 |
Over the last fiscal year, we have identified 1 grants that Los Almos Swim Team Incorporated has recieved totaling $74.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $74 |
Organization Name | Assets | Revenue |
---|---|---|
Usa Swimming Inc Colorado Springs, CO | $60,604,222 | $36,995,614 |
Sea Star Base Galveston Galveston, TX | $52,632,706 | $20,281,003 |
Elkins Lake Recreation Corporation Huntsville, TX | $9,584,590 | $4,419,021 |
City Of Midland Aquatics Inc Midland, TX | $15,063,835 | $4,415,991 |
Pool & Hot Tub Foundation Colorado Springs, CO | $11,049,001 | $5,466,362 |
Lakeside Aquatic Club Flower Mound, TX | $1,073,156 | $2,759,695 |
Dads Club Swim Team Inc Houston, TX | $8,890,317 | $2,500,934 |
First Colony Swim Team Inc Missouri City, TX | $836,343 | $2,162,266 |
Courtney S Turner Charitable Trust Boatmens First Natl Bk Of Kc Ttee Dallas, TX | $21,330,664 | $1,286,547 |
United States Synchronized Swimming Inc Colorado Springs, CO | $767,815 | $1,651,151 |
Laser Class Association Inc Austin, TX | $1,155,017 | $1,842,561 |
Katy Aquatic Team For Youth Inc Katy, TX | $1,965,760 | $1,613,790 |