Stingray Swim Team is located in Fairbanks, AK. The organization was established in 2002. 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, Stingray Swim Team employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stingray Swim Team 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 08/2020, Stingray Swim Team generated $194.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $202.0k during the year ending 08/2020. While expenses have increased by 6.0% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER NATIONAL AND STATE AMATEUR SWIMMING COMPETITION AMONG YOUTHS 8 TO 18 AND ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SWIM AND DRY LAND COACHING, POOL AND GYM TIME AND EQUIMENT TO FOSTER COMPETITIVE SWIMMING ON THE STATE AND NATIONAL LEVEL OF APPROXIMATELY 125 SWIMMERS FROM 8 TO 18 YEARS OF AGE AND BEYOND ON A YEAR ROUND BASIS. PROVIDED SENIOR SWIMMERS MOVING ON TO COLLEGE LEVEL SWIMMING WITH SCHOLARSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh Gregory Chief Executor Officer | Officer | 40 | $67,136 |
Jerrod Welsh Vice President | Officer | 2 | $0 |
Carl Benson President | Officer | 10 | $0 |
Sasha Dixon Secretary | Officer | 2 | $0 |
Catharine Persinger Treasurer | Officer | 2 | $0 |
Kerry Walsh Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $108,971 |
Investment income | $16 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $10,396 |
Net Income from Gaming Activities | $10,049 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $194,548 |
Statement of Expenses | |
---|---|
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. | $66,731 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,923 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,649 |
Fees for services: Management | $40 |
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 | $2,508 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,548 |
Travel | $22,303 |
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 | $2,998 |
All other expenses | $3,132 |
Total functional expenses | $201,957 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,486 |
Savings and temporary cash investments | $6,625 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,402 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $47,513 |
Accounts payable and accrued expenses | $4,230 |
Grants payable | $26,000 |
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 | $5,325 |
Total liabilities | $35,755 |
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 |
Total liabilities and net assets/fund balances | $11,758 |
Over the last fiscal year, we have identified 1 grants that Stingray Swim Team has recieved totaling $72.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $72 |
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 |
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 |
Everett Rowing Association Everett, WA | $460,272 | $556,877 |