Totals
- Total revenue
- $938,778
- Total expenses
- $223,132
- Contributions and grants received
- $765,318
- Grants paid
- $0
- Program service revenue
- $153,020
- Investment income
- $18,293
- Other revenue
- $2,147
- Total assets, end of year
- $1,017,016
- Total liabilities, end of year
- $277
- Net assets or fund balances, end of year
- $1,016,739
- Program services expenses (Part IX)
- $163,209
- Management and general expenses
- $7,247
- Fundraising expenses
- $52,676
- Program service expenses (Part III)
- $163,209
Program services were 73.1% 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
$765,318
-
2a · Program service revenue: Clinics and Sprint Group
total $80,167 · related or exempt $80,167
-
2b · Program service revenue: Lessons
total $56,342 · related or exempt $56,342
-
2c · Program service revenue: USA Swimming Club Team
total $16,511 · related or exempt $16,511
-
3 · Investment income
total $18,293 · related or exempt $18,293
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$5,248
-
10b · Cost of goods sold
$3,101
-
10c · Net income from sales of inventory
total $2,147 · related or exempt $2,147
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $11,000 · program services $5,500 · management and general $5,500
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $842 · program services $421 · management and general $421
-
11a · Fees: management
total $114,413 · program services $114,413
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $52,676 · fundraising $52,676
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,956 · program services $1,956
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $510 · program services $510
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $910 · program services $910
-
24a · Other expenses: Rent
total $21,317 · program services $21,317
-
24b · Other expenses: Bank Charges & Fees
total $7,469 · program services $6,349 · management and general $1,120
-
24c · Other expenses: Meet Fees
total $6,798 · program services $6,798
-
24d · Other expenses: Olympic Training Center
total $2,010 · program services $2,010
-
24e · All other expenses
total $3,231 · program services $3,025 · management and general $206
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $83,982 · end of year $42,643
-
2 · Savings and temporary cash investments
beginning of year $221,913 · end of year $830,973
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$143,400
-
10c · Land, buildings and equipment, net
end of year $143,400
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,802 · end of year $277
-
27 · Net assets without donor restrictions
beginning of year $301,093 · end of year $1,016,739
Mission and programs · 2025
Mission
To foster national and international amateur competition in the sport of swimming.
Activities or mission (Part I)
The mission is to foster national and international amateur sports competition in swimming. Our team was 2nd at the US Nationals, qualified 6 athletes for the 2025 Summer World Championships, and 5 for the 2025 World University Games. 6 athletes made the US National Team, and our head coach was named Team USA Mens and Womens Head Coach for the 2025 Summer World Championships. We also conduct swim clinics and private lessons for youth swimmers.
-
Conducted 10 singular swim clinics for 417 youth swimmers plus 3 groups of 15 sprint training sessions for high school swimmers with 20 swimmers per group between Jan 1, 2025, and Dec. 31, 2025.
Expenses $85,504 · Revenue $80,167
-
Conducted 515 one-on-one swim lessons for youth swimmers between Jan. 1, 2025, and Dec. 31, 2025.
Expenses $60,094 · Revenue $56,342
-
Coaching, training, travel, and meet expenses for college and post-grad aged swimmers training for the 2025 US Nationals and World Championships. 6 athletes qualified for the 2025 Summer World Championships, and 5 for the 2025 World University Games. 6 athletes made the US National Team.
Expenses $17,611 · Revenue $16,511
As filed on the 2025 return.
Listed in Part VII
-
Mary Holloway
President
- Total calculated
- $0
- Hours/week
- 10
-
Tim Haley
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Grant Johnston
Secretary
- 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
- 2025
- Filed
- 6 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202621269349302527
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