Totals
- Total revenue
- $1,620,097
- Total expenses
- $1,585,388
- Contributions and grants received
- $1,062,979
- Grants paid
- $0
- Program service revenue
- $564,147
- Investment income
- $5,412
- Other revenue
- -$12,441
- Total assets, end of year
- $746,644
- Total liabilities, end of year
- $36,893
- Net assets or fund balances, end of year
- $709,751
- Program services expenses (Part IX)
- $1,315,838
- Management and general expenses
- $269,550
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,315,838
Program services were 83.0% 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.
-
1b · Membership dues
$1,034,646
-
1f · All other contributions, gifts and grants
$28,333
-
2a · Program service revenue: SWIM MEET REVENUE
total $471,269 · related or exempt $471,269
-
2b · Program service revenue: FACILITY USAGE FEES
total $92,878 · related or exempt $92,878
-
3 · Investment income
total $5,412 · related or exempt $5,412
-
10a · Gross sales of inventory
$56,217
-
10b · Cost of goods sold
$68,658
-
10c · Net income from sales of inventory
total -$12,441 · related or exempt -$12,441
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $239,959 · program services $77,885 · management and general $162,074
-
7 · Other salaries and wages
total $348,131 · program services $348,131
-
8 · Pension plan contributions
total $5,941 · program services $3,220 · management and general $2,721
-
9 · Other employee benefits
total $78,966 · program services $65,670 · management and general $13,296
-
10 · Payroll taxes
total $45,508 · program services $32,826 · management and general $12,682
-
11b · Fees: legal
total $2,975 · management and general $2,975
-
11c · Fees: accounting
total $9,830 · management and general $9,830
-
13 · Office expenses
total $54,862 · management and general $54,862
-
16 · Occupancy
total $418,140 · program services $418,140
-
17 · Travel
total $110,310 · program services $110,310
-
22 · Depreciation, depletion and amortization
total $17,664 · program services $17,664
-
23 · Insurance
total $11,110 · management and general $11,110
-
24a · Other expenses: SWIM MEET EXPENSE
total $186,079 · program services $186,079
-
24b · Other expenses: PROGRAM SERVICES-COACHES
total $46,985 · program services $46,985
-
24c · Other expenses: PAYROLL SERVICES
total $8,928 · program services $8,928
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $453,497 · end of year $491,520
-
2 · Savings and temporary cash investments
beginning of year $196,927 · end of year $228,476
-
4 · Accounts receivable
beginning of year $12,273 · end of year $949
-
10a · Land, buildings and equipment: cost or other basis
$235,352
-
10b · Land, buildings and equipment: accumulated depreciation
$229,653
-
10c · Land, buildings and equipment, net
beginning of year $18,184 · end of year $5,699
-
15 · Other assets
beginning of year $20,000 · end of year $20,000
-
17 · Accounts payable and accrued expenses
beginning of year $25,839 · end of year $36,893
-
27 · Net assets without donor restrictions
beginning of year $675,042 · end of year $709,751
Mission and programs · 2023
Mission
COMPETITIVE SWIM TEAM AND SWIM TRAINING CENTER, OFFERING LEARN TO SWIM, RECREATIONAL SWIM TEAM, COMPETITIVE SWIM TEAM, MASTERS SWIMMING WITH RELATED SPORTS, FITNESS AND AQUATICS PROGRAMS.
-
COMPETITIVE SWIM TEAM AND TRAINING PROGRAMS, INCLUDING AGE GROUP, SENIOR AND MASTERS SWIMMING, WITH COMPETITION THROUGH AFFILIATIONS WITH USA SWIMMING AND UNITED STATES MASTERS SWIMMING. APPROXIMATELY 350 TO 400 ATHLETES TRAIN ON A YEAR ROUND BASIS IN NINE DIFFERENT GROUPS, PLUS ADDITIONAL ATHLETES IN THE OUTSIDE GROUPS LISTED IN 4C BELOW.
Expenses $1,001,785
-
SWIM MEET REVENUE - BEST SWIM CLUB, DBA PHOENIX SWIM CLUB, HOSTED MORE THAN 25 MEETS DURING THE YEAR, INCLUDING MEETS FOR USA SWIMMING, UNITED STATES MASTERS SWIMMING, ARIZONA INTERSCHOLASTIC ASSOCIATION, THE NCAA AND A COMMUNITY RECREATION PROGRAM. ATHLETE PARTICIPATION IN THESE MEETS RANGED FROM 150 TO 1,000 SWIMMERS, DEPENDING ON THE MEET. NATIONAL (MASTERS), STATE AND MEET RECORDS WERE SET IN THIS POOL FACILITY DURING THE YEAR. .
Expenses $314,053 · Revenue $471,269
-
FACILITY USAGE FEES - BEST SWIM CLUB USES MOST OF THE DAILY WATER TIME FOR ITS OWN TRAINING GROUPS, BUT MAXIMIZES USE OF THE FACILITY BY OPENING THE POOLS TO OUTSIDE TRAINING GROUPS THROUGHOUT THE YEAR. THE OUTSIDE GROUPS PAY FACILITY USAGE FEES THAT HELP DEFRAY THE OPERATING EXPENSE OF THE POOLS AND GROUNDS WHICH IS REPORTED AS OCCUPANCY EXPENSE IN PART IX, LINE 16. NO SPECIFIC EXPENSE ALLOCATION HAS BEEN ASSIGNED TO THIS EXEMPT PURPOSE ACHIEVEMENT AS THE AMOUNT IS INCLUDED IN PART III, LINE 4A ABOVE.
Revenue $92,878
As filed on the 2023 return.
Listed in Part VII
-
Darian TownsendDARIAN TOWNSEND
CEO & DIRECT
- Total calculated
- $172,317
- From this org
- $155,769
- From related orgs
- $0
- Other
- $16,548
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,769
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,110
- Nontaxable benefits
- $12,438
- Filer's total
- $172,317
-
Sandra LeeSANDRA LEE
DIRECTOR & S
- Total calculated
- $84,190
- From this org
- $84,190
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
John AnsonJOHN ANSON
DIRECTOR & T
- Total calculated
- $0
- Hours/week
- 1
-
Bronwyn BeabeauBRONWYN BEABEAU
VP & DIRECTO
- Total calculated
- $0
- Hours/week
- 1
-
Kimberlee McClureKIMBERLEE MCCLURE
DIRECTOR & P
- Total calculated
- $0
- Hours/week
- 1
-
Marci SymingtonMARCI SYMINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott WillisSCOTT WILLIS
DIRECTOR
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 October 2024
- IRS schema version
- 2023v5.0
- Source object
- 202442959349300344
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