Totals
- Total revenue
- $222,635
- Total expenses
- $200,119
- Contributions and grants received
- $3,500
- Grants paid
- $0
- Program service revenue
- $193,941
- Investment income
- $0
- Other revenue
- $25,194
- Total assets, end of year
- $45,688
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $45,688
- Program services expenses (Part IX)
- $200,039
- Management and general expenses
- $80
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $200,039
Program services were 100.0% 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
$3,500
-
2a · Program service revenue: Coaching/Instructor Fees
total $121,163 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Registration Fees
total $12,240 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Lawrence Swim Lessons
total $35,008 · unrelated business $0 · excluded $0
-
2d · Program service revenue: LST Hosted Meets
total $25,530 · unrelated business $0 · excluded $0
-
11a · Other revenue: Reimbursement for Entry Fees
total $14,256 · related or exempt $14,256 · unrelated business $0 · excluded $0
-
11b · Other revenue: Spirit Wear, LST Logo Caps
total $615 · related or exempt $615 · unrelated business $0 · excluded $0
-
11c · Other revenue: Grants
total $4,300 · related or exempt $4,300 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $6,023 · related or exempt $6,023 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$25,194
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $123,498 · program services $123,498 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $20,515 · program services $20,515 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $4,407 · program services $4,407 · management and general $0 · fundraising $0
-
23 · Insurance
total $1,154 · program services $1,154 · management and general $0 · fundraising $0
-
24e · All other expenses
total $50,545 · program services $50,465 · management and general $80 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,583 · end of year $43,996
-
10a · Land, buildings and equipment: cost or other basis
$1,692
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $1,692 · end of year $1,692
-
31 · Retained earnings, endowment or other funds
beginning of year $23,275 · end of year $45,688
Mission and programs · 2023
Mission
The organizations primary purpose is to promote water safety, basic swimming instruction and competitive swimming instruction, at age appropriate levels.
-
Approximately 80 children educated and engaged in swimming activities appropriate to their age/capability to promote consistent exercise, good health and knowledge of competitive swimming.
Expenses $114,771
-
Learn to swim program for children and adults to learn water safety, to learn proper basic swimming technique and to gain confidence in the water Due to Covid-19 restrictions on this segment of the program was limited.
Expenses $75,720
-
General activities necessary to support all swim programs
Expenses $9,548
As filed on the 2023 return.
Listed in Part VII
-
Corey Franklin
President
- Total calculated
- $0
- Hours/week
- 20
-
Kimberly Peck
Treasurer
- Total calculated
- $0
- Hours/week
- 10
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
- 25 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531849349300718
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