Totals
- Total revenue
- $1,127,375
- Total expenses
- $1,125,372
- Contributions and grants received
- $0
- Grants paid
- $140,953
- Program service revenue
- $1,094,278
- Investment income
- $30,621
- Other revenue
- $2,476
- Total assets, end of year
- $1,448,789
- Total liabilities, end of year
- $96,057
- Net assets or fund balances, end of year
- $1,352,732
- Program services expenses (Part IX)
- $975,531
- Management and general expenses
- $149,841
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $975,531
Program services were 86.7% 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.
-
2a · Program service revenue: Swim meet and entry fe
total $769,016 · related or exempt $769,016
-
2b · Program service revenue: Membership registratio
total $320,311 · related or exempt $320,311
-
2c · Program service revenue: Swim meet equipment re
total $4,951 · related or exempt $4,951
-
3 · Investment income
total $30,621 · excluded $30,621
-
11a · Other revenue: Miscellaneous revenue
total $2,476 · related or exempt $2,476
-
11e · Other revenue, total
$2,476
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $72,322 · program services $72,322
-
2 · Grants to domestic individuals
total $68,631 · program services $68,631
-
5 · Compensation of officers, directors and key employees
total $50,002 · management and general $50,002
-
7 · Other salaries and wages
total $60,250 · program services $19,750 · management and general $40,500
-
10 · Payroll taxes
total $8,434 · program services $1,511 · management and general $6,923
-
11a · Fees: management
total $27,587 · program services $27,587
-
11c · Fees: accounting
total $13,900 · management and general $13,900
-
11f · Fees: investment management
total $9,118 · management and general $9,118
-
11g · Fees: other
total $158,457 · program services $158,457
-
12 · Advertising and promotion
total $500 · management and general $500
-
13 · Office expenses
total $5,581 · program services $2,057 · management and general $3,524
-
14 · Information technology
total $6,553 · management and general $6,553
-
19 · Conferences, conventions and meetings
total $15,612 · management and general $15,612
-
24a · Other expenses: Pool and other meet exp
total $486,731 · program services $486,731
-
24b · Other expenses: Zone expenses
total $114,960 · program services $114,960
-
24c · Other expenses: Equipment rental and st
total $15,886 · program services $15,886
-
24d · Other expenses: Apparel and supplies
total $7,639 · program services $7,639
-
24e · All other expenses
total $3,209 · management and general $3,209
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $127,123 · end of year $35,527
-
2 · Savings and temporary cash investments
beginning of year $374,535 · end of year $150,060
-
4 · Accounts receivable
beginning of year $15,016 · end of year $2,086
-
9 · Prepaid expenses and deferred charges
end of year $6,190
-
10a · Land, buildings and equipment: cost or other basis
$64,449
-
10b · Land, buildings and equipment: accumulated depreciation
$64,449
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $948,143 · end of year $1,253,926
-
15 · Other assets
beginning of year $1,000 · end of year $1,000
-
17 · Accounts payable and accrued expenses
beginning of year $47,720 · end of year $100
-
19 · Deferred revenue
beginning of year $101,707 · end of year $95,957
-
27 · Net assets without donor restrictions
beginning of year $1,316,390 · end of year $1,352,732
Mission and programs · 2024
Mission
Promotes competitive swimming and fosters equal access to competitive opportunities for swimmers of all ages and abilities in accordance with the rules, regulations and standards of PVS, USA Swimming and World Aquatics.
Activities or mission (Part I)
Governing body for competitive swimming in the DC Metro area.
-
PVS championship and sanctioned swim meets - conducted and sanctioned swim meets in the DC Metro area for approximately 13,000 athletes. PVS also organizes a team of swimmers to represent PVS at the Eastern Zone Long Course championship meet.
Expenses $894,541 · Grants $90,919 · Revenue $776,443
-
Membership- The annual PVS membership allows membership with the USA Swimming organization and allows athletes to participate in meets and club practices.
Expenses $21,261 · Revenue $320,311
-
Education and advancement - PVS provides education and support to officials through workshops, membership support, and clinics in order to improve all aspects of competitive swimming. Subjects include competitive swimming rules and regulations, club management, inclusion and diversity, and USA Swimming's Safe Sport initiative.
Expenses $59,729 · Grants $50,033
As filed on the 2024 return.
Listed in Part VII
-
Cherlynn Venit
General Chair
- Total calculated
- $0
- Hours/week
- 12
-
Ellen Colket
Finance Vice Chair
- Total calculated
- $0
- Hours/week
- 8
-
Chris Schlegel
Age Group Vice Chair
- Total calculated
- $0
- Hours/week
- 4
-
Mary Massoumi
Operations Vice Chair
- Total calculated
- $0
- Hours/week
- 4
-
Harper Freeman
Senior Athletes Representa
- Total calculated
- $0
- Hours/week
- 4
-
Nicole Zhang
Junior Athletes Representa
- Total calculated
- $0
- Hours/week
- 4
-
Zach Suarez
At-Large Athlete Represent
- Total calculated
- $0
- Hours/week
- 4
-
Trish Buswell
Administrative Vice Chair
- Total calculated
- $0
- Hours/week
- 4
-
Aaron Dean
Senior Vice Chair
- Total calculated
- $0
- Hours/week
- 4
-
Barb Ship
Officials Representative
- Total calculated
- $0
- Hours/week
- 8
-
Clifton Gordon
Inclusion/Diversity Chair
- Total calculated
- $0
- Hours/week
- 4
-
Jim Crampton
Safe Sport Chair
- Total calculated
- $0
- Hours/week
- 4
-
Nicole Erickson
Senior Coaches Representat
- Total calculated
- $0
- Hours/week
- 4
-
Matt Cohen
Junior Coaches Representat
- Total calculated
- $0
- Hours/week
- 4
-
Kimberly Bullers
Treasurer
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
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
-
Nation's Capital Swim Club
$21,581
Athlete travel and equipment grants
-
$16,043
Athlete travel and equipment grants
-
$14,098
Athlete travel and equipment grants
-
Rockville Montgomery Swim Club
$11,400
Athlete travel grants
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 January 2026
- IRS schema version
- 2024v5.5
- Source object
- 202610159349300136
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.