Skip to content
Nonprofiteer
← STEW LEONARD III WATER SAFETY FOUNDATION INC

Form 990 for tax year 2023

Filed by STEW LEONARD III WATER SAFETY FOUNDATION INC.

Totals

Total revenue
$2,063,618
Total expenses
$1,683,121
Contributions and grants received
$992,031
Grants paid
$385,800
Program service revenue
$695,128
Investment income
$77,397
Other revenue
$299,062
Total assets, end of year
$5,297,214
Total liabilities, end of year
$1,670,140
Net assets or fund balances, end of year
$3,627,074
Program services expenses (Part IX)
$1,413,088
Management and general expenses
$85,913
Fundraising expenses
$184,120
Program service expenses (Part III)
$1,413,088

Program services were 84.0% 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

    $992,031

  • 2a · Program service revenue: SWIM LESSONS

    total $677,160 · related or exempt $677,160

  • 2b · Program service revenue: SWIM MERCHANDISE

    total $17,968 · related or exempt $17,968

  • 3 · Investment income

    total $48,822 · excluded $48,822

  • 7a · Gross sales of assets other than inventory

    securities $3,386,792

  • 7b · Less cost or other basis and sales expenses

    securities $3,358,217

  • 7c · Gain or loss

    securities $28,575

  • 7d · Net gain or loss

    total $28,575 · excluded $28,575

  • 8a · Fundraising events: gross income

    $491,500

  • 8b · Fundraising events: direct expenses

    $192,438

  • 8c · Net income from fundraising events

    total $299,062 · excluded $299,062

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $385,800 · program services $385,800

  • 7 · Other salaries and wages

    total $466,669 · program services $451,849 · management and general $14,820

  • 9 · Other employee benefits

    total $16,439 · program services $16,439

  • 10 · Payroll taxes

    total $47,052 · program services $47,052

  • 11a · Fees: management

    total $220,455 · program services $40,667 · management and general $25,536 · fundraising $154,252

  • 11f · Fees: investment management

    total $9,575 · management and general $9,575

  • 12 · Advertising and promotion

    total $33,529 · program services $33,529

  • 13 · Office expenses

    total $3,717 · management and general $3,717

  • 16 · Occupancy

    total $119,750 · program services $119,750

  • 17 · Travel

    total $334 · management and general $334

  • 22 · Depreciation, depletion and amortization

    total $59,263 · program services $59,263

  • 24a · Other expenses: SUPPLIES

    total $113,002 · program services $91,284 · fundraising $21,718

  • 24b · Other expenses: INSURANCE

    total $60,795 · program services $60,795

  • 24c · Other expenses: CREDIT CARD FEES

    total $48,272 · program services $21,850 · management and general $26,422

  • 24d · Other expenses: UTILITIES

    total $33,712 · program services $33,712

  • 24e · All other expenses

    total $64,757 · program services $51,098 · management and general $5,509 · fundraising $8,150

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $268,296 · end of year $172,569

  • 9 · Prepaid expenses and deferred charges

    end of year $51,498

  • 10a · Land, buildings and equipment: cost or other basis

    $2,301,350

  • 10b · Land, buildings and equipment: accumulated depreciation

    $59,263

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $2,242,087

  • 11 · Investments: publicly traded securities

    beginning of year $1,665,744 · end of year $797,794

  • 12 · Investments: other securities

    beginning of year $1,076,551 · end of year $404,899

  • 15 · Other assets

    beginning of year $0 · end of year $1,628,367

  • 17 · Accounts payable and accrued expenses

    end of year $39,523

  • 25 · Other liabilities

    beginning of year $0 · end of year $1,630,617

  • 27 · Net assets without donor restrictions

    beginning of year $3,010,591 · end of year $3,227,074

  • 28 · Net assets with donor restrictions

    end of year $400,000

Mission and programs · 2023

Mission

THE MISSION OF THE STEW LEONARD III WATER SAFETY FOUNDATION IS TO EDUCATE CHILDREN AND FAMILIES ON WATER SAFETY. THIS IS ACHIEVED THROUGH LEARN TO SWIM GRANTS, PUBLIC AWARENESS CAMPAIGNS, PROVISION OF SWIM LESSONS AT STEWIE THE DUCK SWIM SCHOOL AND OUR AWARD-WINNING CHILDREN'S BOOK ON WATER SAFETY.

Activities or mission (Part I)

THE FOUNDATION'S MISSION IS TO EDUCATE CHILDREN AND FAMILIES ON WATER SAFETY.

  • SUPPORT FOR FREE AND LOW-COST SWIMMING LESSONS FOR CHILDREN IN NEED, WATER SAFETY EDUCATION, AND RELATED ACTIVITIES.

    Expenses $396,875 · Grants $385,800

  • PROVIDE SWIMMING LESSONS THROUGH THE STEWIE THE DUCK SWIM SCHOOL

    Expenses $1,016,213 · Revenue $695,128

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stewart J Leonard Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Kimberly Kral Leonard

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Robert Kral

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Blake Ann Leonard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Chase Alexandra Leonard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Ryann Leonard Grossbard

    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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • STEW LEONARD'S DAIRY

    N/A · DAIRY AND FOOD · CT

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349314711

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.