Totals
- Total revenue
- $4,919,219
- Total expenses
- $4,596,822
- Contributions and grants received
- $529,179
- Grants paid
- $0
- Program service revenue
- $3,955,836
- Investment income
- $214,844
- Other revenue
- $219,360
- Total assets, end of year
- $25,827,862
- Total liabilities, end of year
- $19,084,691
- Net assets or fund balances, end of year
- $6,743,171
- Program services expenses (Part IX)
- $4,362,226
- Management and general expenses
- $234,596
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,362,226
Program services were 94.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$529,179
-
2a · Program service revenue: TITANS REVENUE
total $2,675,108 · related or exempt $2,675,108
-
2b · Program service revenue: POOL REVENUE
total $678,742 · related or exempt $678,742
-
2c · Program service revenue: FACILITY REVENUE
total $601,986 · related or exempt $601,986
-
3 · Investment income
total $42,148 · related or exempt $42,148
-
7a · Gross sales of assets other than inventory
securities $8,955,777
-
7b · Less cost or other basis and sales expenses
securities $8,783,081
-
7c · Gain or loss
securities $172,696
-
7d · Net gain or loss
total $172,696 · related or exempt $172,696
-
11a · Other revenue: CORPORATE SPONSORSHIP
total $101,967 · related or exempt $101,967
-
11b · Other revenue: FITNESS REVENUE
total $74,601 · related or exempt $74,601
-
11c · Other revenue: OTHER INCOME
total $42,792 · related or exempt $42,792
-
11e · Other revenue, total
$219,360
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $959,049 · program services $863,144 · management and general $95,905
-
8 · Pension plan contributions
total $8,587 · program services $7,728 · management and general $859
-
9 · Other employee benefits
total $86,267 · program services $77,640 · management and general $8,627
-
10 · Payroll taxes
total $135,175 · program services $121,657 · management and general $13,518
-
11c · Fees: accounting
total $12,493 · management and general $12,493
-
11g · Fees: other
total $17,824 · management and general $17,824
-
12 · Advertising and promotion
total $8,369 · management and general $8,369
-
13 · Office expenses
total $16,895 · management and general $16,895
-
14 · Information technology
total $49,147 · management and general $49,147
-
20 · Interest
total $840,684 · program services $840,684
-
22 · Depreciation, depletion and amortization
total $460,312 · program services $458,338 · management and general $1,974
-
23 · Insurance
total $44,457 · program services $44,457
-
24a · Other expenses: TITANS SWIM TEAM EXP
total $1,198,624 · program services $1,198,624
-
24b · Other expenses: UTILITIES
total $313,805 · program services $313,805
-
24c · Other expenses: MAINTENANCE
total $265,216 · program services $265,216
-
24d · Other expenses: EXTERNAL EVENTS EXPENSE
total $71,936 · program services $71,936
-
24e · All other expenses
total $107,982 · program services $98,997 · management and general $8,985
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $47,937 · end of year $30,120
-
2 · Savings and temporary cash investments
beginning of year $958,292 · end of year $786,250
-
10a · Land, buildings and equipment: cost or other basis
$31,522,799
-
10b · Land, buildings and equipment: accumulated depreciation
$7,321,108
-
10c · Land, buildings and equipment, net
beginning of year $23,208,748 · end of year $24,201,691
-
11 · Investments: publicly traded securities
beginning of year $715,715 · end of year $809,801
-
17 · Accounts payable and accrued expenses
end of year $2,850
-
20 · Tax-exempt bond liabilities
beginning of year $5,353,920 · end of year $4,680,574
-
23 · Secured mortgages and notes payable
beginning of year $3,750,000 · end of year $4,715,512
-
25 · Other liabilities
beginning of year $9,405,998 · end of year $9,685,755
-
27 · Net assets without donor restrictions
beginning of year $6,420,774 · end of year $6,743,171
Mission and programs · 2023
Mission
DEVELOPING SWIMMERS FOR LIFELONG SUCCESS
-
AQUATIC SERVICES - TO BUILD AND OPERATE PUBLIC AQUATIC FACILITIES FOR THE HEALTH, SAFETY,RECREATION AND COMPETITION NEEDS OF TRIANGLE CITIZENS AND AQUATIC ORGANIZATIONS.
Expenses $4,362,226 · Revenue $3,955,836
As filed on the 2023 return.
Listed in Part VII
-
Robbie BellROBBIE BELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin ChignellKEVIN CHIGNELL
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Michael CurranMICHAEL CURRAN
PAST CHAIRMA
- Total calculated
- $0
- Hours/week
- 3
-
Van FletcherVAN FLETCHER
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 3
-
Jeff HensleyJEFF HENSLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lisa HonakerLISA HONAKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charlie HouchinCHARLIE HOUCHIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristin Curran PakeKRISTIN CURRAN PAKE
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
Nick PaleocrassasNICK PALEOCRASSAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Candis ParkerCANDIS PARKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jordan ToddJORDAN TODD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonah TurnerJONAH TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Travis WilliamsTRAVIS WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202441849349301569
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.