Indian Wells Valley Swim Team Inc
- Assets
- $21.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ridgecrest, CA
- Founding
- 02/1994
- Data as of
- 09/2019
- EIN
- 95-3290856
Organization Overview
Indian Wells Valley Swim Team Inc is located in Ridgecrest, CA. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Wells Valley 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 09/2019, Indian Wells Valley Swim Team Inc generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $38.1k during the year ending 09/2019. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 5 years. 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
2019
Describe the Organization's Program Activity:
Part 3
YOUTHS OF THE COMMUNITY ARE GIVEN THE OPPORTUNITY TO STRENGTHEN THEIR ABILITIES AND COMPETE IN AMATEUR SPORTING EVENTS. AS AN AFFILIATE TO THE OLYMPIC SWIMMING PROGRAM, THESE YOUTHS MAY ONE DAY COMPETE AT THE OLYMPIC LEVEL. ALL EXPENSES ARE EXPENDED FOR THIS PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Harvey Secretary | 5 | $0 | |
Matt Wanta President | 10 | $0 | |
Leticia Wilson Vice President | 5 | $0 | |
Jennifer Small Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,153 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,099 |
| Other Revenue | $0 |
| Total Revenue | $39,261 |
| Statement of Expenses | |
|---|---|
| Total expenses | $38,107 |
| Balance Sheet | |
|---|---|
| Total assets | $21,912 |
| Total liabilities | $1,599 |
| Net assets or fund balances | $20,313 |
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