Totals
- Total revenue
- $1,215,202
- Total expenses
- $970,649
- Contributions and grants received
- $1,238,021
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,861
- Other revenue
- -$25,680
- Total assets, end of year
- $452,201
- Total liabilities, end of year
- $182,638
- Net assets or fund balances, end of year
- $269,563
- Program services expenses (Part IX)
- $936,234
- Management and general expenses
- $34,415
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $936,234
Program services were 96.5% 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.
-
1b · Membership dues
$1,018,388
-
1e · Government grants (contributions)
$127,833
-
1f · All other contributions, gifts and grants
$91,800
-
3 · Investment income
total $2,861 · related or exempt $2,861
-
10a · Gross sales of inventory
$9,690
-
10b · Cost of goods sold
$35,370
-
10c · Net income from sales of inventory
total -$25,680 · related or exempt -$25,680
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $279,200 · program services $279,200
-
7 · Other salaries and wages
total $348,391 · program services $348,391
-
9 · Other employee benefits
total $12,555 · program services $12,555
-
10 · Payroll taxes
total $46,705 · program services $46,705
-
11b · Fees: legal
total $15,036 · program services $15,036
-
11c · Fees: accounting
total $4,925 · program services $4,925
-
11g · Fees: other
total $1,740 · program services $1,740
-
13 · Office expenses
total $1,515 · management and general $1,515
-
17 · Travel
total $76,277 · program services $76,277
-
23 · Insurance
total $11,148 · program services $11,148
-
24a · Other expenses: WATER FEES
total $63,756 · program services $63,756
-
24b · Other expenses: TEAM MEET EXPENSES
total $45,969 · program services $45,969
-
24c · Other expenses: BANK SERVICE CHARGES
total $32,900 · management and general $32,900
-
24d · Other expenses: AWARDS CEREMONY
total $10,923 · program services $10,923
-
24e · All other expenses
total $19,609 · program services $19,609
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $187,906 · end of year $446,758
-
9 · Prepaid expenses and deferred charges
beginning of year $1,099 · end of year $5,443
-
17 · Accounts payable and accrued expenses
beginning of year $17,400 · end of year $17,400
-
25 · Other liabilities
beginning of year $146,595 · end of year $165,238
-
27 · Net assets without donor restrictions
beginning of year $25,010 · end of year $269,563
Mission and programs · 2022
Mission
A YEAR ROUND COMPETITIVE SWIM TEAM OFFERING HIGH QUALITY PROFESSIONAL COACHING AND TECHNIQUE INSTRUCTION FOR ALL AGES AND ABILITIES. THE GOAL IS TO PROVIDE EVERY MEMBER AN OPPORTUNITY TO IMPROVE SWIMMING SKILLS AND ACHIEVE SUCCESS AT THEIR LEVEL OF ABILITY
Activities or mission (Part I)
YEAR ROUND COMPETITIVE SWIM TEAM FOR ALL AGES AND ABILITIES.
-
YEAR ROUND COMPETITIVE SWIM TEAM FOR ALL AGES AND ABILITIES. ALL COACHES ARE MEMBERS OF THE AMERICAN SWIM COACHES ASSOCIATION. THE ORGANIZATION HAS APPROXIMATELY 315 SWIMMERS.
Expenses $936,234
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steve MorsilliSTEVE MORSILLI
CEO/EXECUTIV
- Total calculated
- $222,845
- From this org
- $190,865
- From related orgs
- $0
- Other
- $31,980
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $187,500
- Bonus
- not reported
- Other
- $3,365
- Deferred
- $9,190
- Nontaxable benefits
- $22,790
- Filer's total
- $222,845
-
Joe LoftusJOE LOFTUS
EXECUTIVE BO
- Total calculated
- $63,245
- From this org
- $42,000
- From related orgs
- $0
- Other
- $21,245
- Hours/week
- 20
-
Cynthia DaileyCYNTHIA DAILEY
TREASURER
- Total calculated
- $5,665
- From this org
- $5,665
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Kennan RooneyKENNAN ROONEY
PRESIDENT
- Total calculated
- $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. 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
- 2022
- Filed
- 14 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430579349301388
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