Totals
- Total revenue
- $1,579,837
- Total expenses
- $1,424,971
- Contributions and grants received
- $62,593
- Grants paid
- $0
- Program service revenue
- $1,473,983
- Investment income
- $31,461
- Other revenue
- $11,800
- Total assets, end of year
- $1,188,536
- Total liabilities, end of year
- $42,852
- Net assets or fund balances, end of year
- $1,145,684
- Program services expenses (Part IX)
- $1,318,810
- Management and general expenses
- $106,161
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,318,810
Program services were 92.5% 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
$62,593
-
2a · Program service revenue: SWIM TRAINING FEES
total $1,002,461 · related or exempt $1,002,461
-
2b · Program service revenue: SWIM MEET ENTRY FEES
total $471,522 · related or exempt $471,522
-
3 · Investment income
total $31,461 · related or exempt $31,461
-
8a · Fundraising events: gross income
$11,800
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $11,800 · excluded $11,800
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $564,850 · program services $503,160 · management and general $61,690
-
8 · Pension plan contributions
total $11,862 · program services $9,966 · management and general $1,896
-
9 · Other employee benefits
total $77,245 · program services $68,809 · management and general $8,436
-
10 · Payroll taxes
total $42,122 · program services $37,522 · management and general $4,600
-
11c · Fees: accounting
total $7,999 · management and general $7,999
-
11g · Fees: other
total $1,200 · program services $1,069 · management and general $131
-
12 · Advertising and promotion
total $2,079 · program services $2,079
-
13 · Office expenses
total $18,869 · program services $15,095 · management and general $3,774
-
14 · Information technology
total $5,179 · management and general $5,179
-
16 · Occupancy
total $11,956 · program services $9,565 · management and general $2,391
-
17 · Travel
total $46,799 · program services $46,799
-
20 · Interest
total $208 · management and general $208
-
22 · Depreciation, depletion and amortization
total $13,762 · program services $8,852 · management and general $4,910
-
23 · Insurance
total $10,560 · program services $8,448 · management and general $2,112
-
24a · Other expenses: SWIM MEET EXPENSES
total $245,375 · program services $245,375
-
24b · Other expenses: SWIMMING POOL RENT
total $228,263 · program services $228,263
-
24c · Other expenses: TEAM ACTIVITIES & TRAIN
total $78,517 · program services $75,682 · management and general $2,835
-
24d · Other expenses: USS SWIMMING REGISTRATI
total $38,564 · program services $38,564
-
24e · All other expenses
total $19,562 · program services $19,562
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $37,238 · end of year $105,415
-
2 · Savings and temporary cash investments
beginning of year $832,536 · end of year $933,523
-
4 · Accounts receivable
beginning of year $13,670 · end of year $3,301
-
10a · Land, buildings and equipment: cost or other basis
$305,236
-
10b · Land, buildings and equipment: accumulated depreciation
$158,939
-
10c · Land, buildings and equipment, net
beginning of year $160,059 · end of year $146,297
-
17 · Accounts payable and accrued expenses
beginning of year $52,685 · end of year $42,852
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $990,818 · end of year $1,145,684
Mission and programs · 2024
Mission
THE LOUISVILLE SEAHAWKS, INC. HAS BEEN A SWIM PROGRAM DEDICATED TO TEACHING CHILDREN COMPETETIVE SWIMMING AND INSTILLING A PASSION FOR THE SPORT OF SWIMMING. WE EMPHASIZE SPORTSMANSHIP, INTEGRITY AND COMMITMENT WHILE HELPING YOUNGER SWIMMERS SET AND ACHIEVE GOALS. OUR SWIMMERS COMPETE ON THE LOCAL, REGIONAL AND NATIONAL LEVELS, WITH SOME PARTICIPATING IN THE US OLYMPIC TRIALS AND OTHER WORLD CHAMPIONSHIP EVENTS.
-
THE LAKESIDE SEAHAWKS SWIM TEAM CONTINUES ITS COMMITMENT TO COMPETETIVE SWIMMING EXCELLENCE. THROUGH THE DEDICATION AND HARD WORK OF PROFESSIONAL STAFF AND PARENT VOLUNTEERS, WE PROVIDE A HEALTHY AND MOTIVATING ENVIRONMENT IN WHICH OUR SWIMMERS DEVELOP TO THEIR FULLEST POTENTIAL IN BOTH ATHLETIC COMPETITION AND PERSONAL GROWTH. WE HAVE COMPLETED ANOTHER YEAR WHERE OUR SWIMMERS HAVE REALIZED SUCCESS AT EVERY LEVEL. OUR TEAM IS COMPOSED SWIMMERS WHO HAVE EARNED COLLEGE SCHOLARSHIPS AND OTHER RECOGNITIONS THROUGH THEIR EFFORTS AND THAT OF OUR STAFF AND PARENTS. ADDITIONALLY, WE CONTINUE TO HOST THE OLDEST RUNNING OPEN COMPETETIVE SWIM MEET IN THE UNITED STATES, DATING BACK TO 1928 AT THE LAKESIDE QUARRY.
Expenses $1,318,810 · Revenue $1,505,444
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brad WilcoxBRAD WILCOX
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Anthony HazelANTHONY HAZEL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dena BraegerDENA BRAEGER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Kortney RyanKORTNEY RYAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jason StueckerJASON STUECKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tara MoterTARA MOTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike DeboorMIKE DEBOOR
HEAD COACH/GENERAL MANAGER
- Total calculated
- $153,212
- From this org
- $153,212
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,612
- Bonus
- $20,600
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,212
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
- 3 · Written employment contract
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
- 2024
- Filed
- 2 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620619349300522
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