King Aquatic Club Boosters Association is located in Federal Way, WA. The organization was established in 1997. 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. King Aquatic Club Boosters Association 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 08/2017, King Aquatic Club Boosters Association generated $269.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $257.7k during the year ending 08/2017. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE YOUTH SWIMMING PROGRAMS AND FUNDRAISING ACTIVITIES TO SUPPORT AMATEUR YOUTH SWIMMING PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMMER/COACH ACTIVITIES: SUPPORT TEAM SWIMMERS THROUGH FINANCIAL ASSISTANCE, TEAM TRAVEL EXPENSES, AND TEAMBUILDING ACTIVITIES.
MEET HOSTING: SUPPORT FOR KING AQUATIC SWIM TEAM AT EVENTS AND MEETS
OTHER
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Claire Nichols Secretary | OfficerTrustee | 2 | $0 |
Maggie Liu Past President | OfficerTrustee | 10 | $0 |
Jennifer Kabacy President Fy 2017 | OfficerTrustee | 2 | $0 |
Joe Fitzsimmons Directorpres 2018 | OfficerTrustee | 2 | $0 |
Glenn Sears Treasurer 2018 | OfficerTrustee | 2 | $0 |
Gary Prestis Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,378 |
Investment income | $69 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $67,856 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,229 |
Miscellaneous Revenue | $0 |
Total Revenue | $269,481 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $6,330 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,044 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $17,606 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $54,408 |
Travel | $46,400 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,652 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $257,697 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $73,799 |
Savings and temporary cash investments | $120,355 |
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 | $6,980 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $231,333 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $231,333 |
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 |
Total liabilities and net assets/fund balances | $231,333 |
Over the last fiscal year, we have identified 1 grants that King Aquatic Club Boosters Association has recieved totaling $285.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $285 |
Organization Name | Assets | Revenue |
---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |