Newport Swim Team Inc
- Assets
- $26.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, OR
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 93-1302993
Organization Overview
Newport Swim Team Inc is located in Newport, OR. The organization was established in 2001. 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. Newport Swim Team Inc 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 12/2023, Newport Swim Team Inc generated $133.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $156.8k during the year ending 12/2023. While expenses have increased by 10.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
OFFERANENVIRONMENTWHEREALIFE-LONGLOVEOFSWIMMINGANDOTHERVALUABLELIFESKILLSISDEVELOPED,THROUGHTRAINING,TEAMBUILDINGANDCHARACTERDEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kasey Postlewait Team Manager | 25 | $10,000 | |
Shayna Swanson Head Coach | 24 | $22,869 | |
Kacey Baxter President | 1 | $0 | |
Kelly Corbett Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $78,638 |
| Membership dues | $49,936 |
| Investment income | $176 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,997 |
| Professional fees and other payments to independent contractors | $11,090 |
| Occupancy, rent, utilities, and maintenance | $24,462 |
| Printing, publications, postage, and shipping | $316 |
| Other expenses | $53,966 |
| Total expenses | $156,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,270 |
| Other assets | $0 |
| Total assets | $26,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,270 |