Portland Aquatic Club
- Assets
- $164.2k
- Revenue
- $377.7k
- Investments
- $0.0
- Employees
- 11
- Location
- Portland, OR
- Founding
- 05/1994
- Data as of
- 08/2023
- EIN
- 93-0959104
Organization Overview
Portland Aquatic Club is located in Portland, OR. The organization was established in 1994. 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 08/2023, Portland Aquatic Club employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portland Aquatic 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 08/2023, Portland Aquatic Club generated $377.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $370.3k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING EXCEPTIONAL PEOPLE THROUGH EXCELLENT SWIMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COACHING, TRAINING AND COMPETITION FOR SWIMMERS AGES 5-18.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Miyako Head Coach | Officer | 40 | $59,800 |
Westley Mejias H Coach | Officer | 40 | $47,200 |
Allison Lathrop President | OfficerTrustee | 2 | $0 |
Amy Bader Board Chair | OfficerTrustee | 2 | $0 |
Kim Coffield Secretary | OfficerTrustee | 2 | $0 |
Steven Stegeman Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $254,812 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,473 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,396 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,681 |
| Total Program Service Revenue | $46,650 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $34,094 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$6,588 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $377,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,667 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,000 |
| Compensation of current officers, directors, key employees. | $12,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $98,727 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,790 |
| 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 | $2,363 |
| Advertising and promotion | $0 |
| Office expenses | $1,232 |
| Information technology | $2,799 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $941 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $779 |
| Insurance | $945 |
| All other expenses | $1,456 |
| Total functional expenses | $370,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,079 |
| Savings and temporary cash investments | $35,619 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $33,696 |
| 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 | $1,832 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $164,226 |
| Accounts payable and accrued expenses | $7,613 |
| Grants payable | $0 |
| Deferred revenue | $13,020 |
| 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 | $20,633 |
| Net assets without donor restrictions | $143,593 |
| 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 | $164,226 |