Palm Desert Swim Club is located in Palm Desert, CA. The organization was established in 2014. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Palm Desert Swim Club employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palm Desert Swim Club 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 12/2021, Palm Desert Swim Club generated $182.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $219.5k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF A NOT FOR PROFIT SWIM TEAM
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF A NOT FOR PROFIT SWIM TEAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mitchell Gold President | Officer | 40 | $41,650 |
Thomas Burbank Vice President | Officer | 10 | $13,300 |
Genna Allman Treasurer | Officer | 10 | $0 |
Jessica Wong Director | Trustee | 1 | $0 |
Melissa Elbaz Director | Trustee | 1 | $0 |
Julie Brunett Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $181,498 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $182,178 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $63,105 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $29,454 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,003 |
Payroll taxes | $8,393 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $453 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,858 |
Advertising and promotion | $1,219 |
Office expenses | $440 |
Information technology | $606 |
Royalties | $0 |
Occupancy | $66,444 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $3,925 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $21 |
Insurance | $0 |
All other expenses | $1,558 |
Total functional expenses | $219,466 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,691 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,000 |
Total assets | $34,691 |
Accounts payable and accrued expenses | $35,271 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $21,785 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $57,056 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$22,365 |
Total liabilities and net assets/fund balances | $34,691 |
Over the last fiscal year, we have identified 1 grants that Palm Desert Swim Club has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: San Bernardino County Nonprofit Technical Assistance | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Fiesta Events Inc Scottsdale, AZ | $1,392,711 | $3,617,988 |
Chrims Inc Pleasanton, CA | $2,291,347 | $3,960,198 |
Santa Barbara Bowl Foundation Santa Barbara, CA | $45,351,353 | $2,991,318 |
Next Level Sports Foundation Inc San Mateo, CA | $280,995 | $2,705,458 |
Mountain View Volleyball Club Inc Sunnyvale, CA | $1,509,696 | $2,260,861 |
Rancho Penasquitos Tennis Association Inc San Diego, CA | $250,274 | $1,054,878 |
Niroga Institute Oakland, CA | $1,448,483 | $1,552,180 |
World Players Of Handball Foundation Tucson, AZ | $166,054 | $872,973 |
Crpa Foundation Fullerton, CA | $2,336,355 | $680,661 |
Bay Area Womens Sports Initiative Inc San Jose, CA | $1,221,193 | $1,319,678 |
Richmond Police Activities League Richmond, CA | $6,109,978 | $845,284 |
Bikeshare Hawaii Honolulu, HI | $1,024,934 | $346,147 |