Seattle Metropolitan Aquatic Club Smac is located in Seattle, WA. 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. As of 08/2021, Seattle Metropolitan Aquatic Club Smac employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle Metropolitan Aquatic Club Smac 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, Seattle Metropolitan Aquatic Club Smac generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $1.8m during the year ending 08/2021. While expenses have increased by 32.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SWIM TEAM FOR CHILDREN AGES 5-18 IN THE GREATER SEATTLE AREA, AND A MASTERS SWIM PROGRAM FOR ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMAC IS A YEAR-ROUND SWIM CLUB DEDICATED TO PROVIDING SWIMMING OPPORTUNITIES TO MEMBERS OF OUR COMMUNITY IN THE SEATTLE METROPOLITAN AREA, AND TO ALL SEEKING A DIVERSE, FUN, CHALLENGING ENVIRONMENT IN WHICH TO LEARN AND TRAIN. SMAC WAS FOUNDED IN 1982 AND WAS ORIGINALLY KNOWN AS THE CENTRAL AREA SWIM TEAM (CAST) AND THEN CENTRAL AREA AQUATIC TEAM (CAAT). IN 2018 CENTRAL AREA AQUATIC TEAM (CAAT) SAW SIGNIFICANT EXPANSION AND BECAME THE SEATTLE METROPOLITAN AQUATIC CLUB (SMAC). A NAME THAT BETTER REPRESENTS OUR GEOGRAPHY ACROSS THE REGION.
SMAC PRACTICE GROUPS ARE STRUCTURED TO SUPPORT NEW AND COMPETITIVELY FOCUSED SWIMMERS WITH A WIDE RANGE OF INTERESTS AND ABILITIES. WE PROVIDE A PROGRESSIVE AGE GROUP PROGRAM DESIGNED TO DEVELOP THE ATHLETE TECHNICALLY, PHYSICALLY AND MENTALLY IN A SYSTEMATIC FASHION. AT THE EARLY LEVELS, TECHNIQUE IS THE TOP PRIORITY AND AS EACH ATHLETE MATURES MORE EMPHASIS IS PLACED ON MAINTAINING TECHNIQUE WHILE PROGRESSIVELY DEVELOPING THE ATHLETE'S PHYSIOLOGICAL AND PSYCHOLOGICAL CAPACITIES. AT EACH LEVEL OF OUR PROGRAM WE CONTINUALLY TRY TO EVALUATE AND ADAPT TO THE MULTITUDE OF FACTORS THAT IMPACT THE GROWTH AND DEVELOPMENT OF YOUNG ATHLETES. THESE GROUPS REPRESENT BROAD AGE RANGES AND ABILITIES. THE PRACTICE SESSIONS WILL SPAN A RANGE OF SWIMMING ABILITIES. WE STRIVE TO HAVE 2-3 COACHES ON DECK TO WORK WITH LANES IN THE PRACTICE SESSION. THE LANES FOR EACH PRACTICE SESSION WILL BE FLUID, AS SWIMMERS PROGRESS THEY MAY MOVE FROM ONE SET OF LANES TO ANOTHER. BASED ON THE WORKOUT FOCUS COACHES MAY MOVE THE SWIMMERS AROUND EVEN FROM ONE PRACTICE TO ANOTHER. SWIMMERS ARE EVALUATED FOR GROUP PLACEMENT AT THE END OF EACH SWIM SEASON WHEN COACHES RE-EVALUATE GROUP PLACEMENT FOR THE FOLLOWING YEAR. OCCASIONALLY COACHES MAY RECOMMEND MOVEMENT TO A DIFFERENT GROUP MID-YEAR.
SMAC COACHES WILL SELECT APPROXIMATELY 10-15 MEETS PER YEAR FOR THE TEAM TO PARTICIPATE IN AS A GROUP. SWIMMERS IN THE AGE GROUP PERFORMANCE, SENIOR, AND SENIOR PERFORMANCE GROUPS ARE EXPECTED TO SWIM IN ALL TARGETED MEETS. AGE GROUP AND STROKE DEVELOPMENT SWIMMERS ARE HIGHLY ENCOURAGED BUT NOT REQUIRED TO SWIM IN MEETS. MEETS ARE ALSO AVAILABLE FOR CATFISH SWIMMERS. FOR SOME OF THESE MEETS THE TEAM WILL SELECT ONLY ONE OF TWO WEEKEND DAYS FOR MEETS. SMAC WILL ALSO HOST IN-HOUSE MEETS FROM TIME TO TIME AND ENCOURAGES ALL SWIMMERS TO PARTICIPATE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Spencer Head Coach/ceo | OfficerTrustee | 40 | $118,045 |
Jim Hong President | OfficerTrustee | 5 | $0 |
Laurie Robbins Booster Club President | OfficerTrustee | 5 | $0 |
Doug Rosenberg Treasurer | OfficerTrustee | 5 | $0 |
John Scott Secretary | OfficerTrustee | 5 | $0 |
Joon-Ho Yu Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $119,280 |
All other contributions, gifts, grants, and similar amounts not included above | $132,360 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $251,640 |
Total Program Service Revenue | $1,435,000 |
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 | $93,774 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,684 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,782,098 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $22,607 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $118,046 |
Compensation of current officers, directors, key employees. | $82,632 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $488,668 |
Pension plan accruals and contributions | $6,791 |
Other employee benefits | $3,600 |
Payroll taxes | $50,017 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,369 |
Information technology | $6,738 |
Royalties | $0 |
Occupancy | $693,190 |
Travel | $115,572 |
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 | $0 |
Insurance | $1,803 |
All other expenses | $22,895 |
Total functional expenses | $1,798,552 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $451,779 |
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 | $432,476 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $884,255 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $116,364 |
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 | $116,364 |
Net assets without donor restrictions | $767,891 |
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 | $0 |
Total liabilities and net assets/fund balances | $884,255 |
Over the last fiscal year, we have identified 2 grants that Seattle Metropolitan Aquatic Club Smac has recieved totaling $11,085.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,629 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $456 |
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 |