Forest Grove Swim Club Inc in Mayodan, North Carolina (NC)

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Forest Grove Swim Club Inc
Employer Identification Number (EIN)560899990
Name of OrganizationForest Grove Swim Club Inc
In Care of NameKimberly Thacker
AddressPO BOX 297, Mayodan, NC 27027-0297
ActivitiesOther recreational activities, Other social activities, Other sports or athletic activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date09/2012
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$164,234
Amount of Income$40,975
Form 990 Revenue Amount$37,299
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Swimming, Water Recreation


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Amount of income in 2012: $40,975 (it was $72,048 in 2005)
Forest Grove Swim Club Inc: 

 $40,975
Other organizations performing similar types of work: 

 $81,788

Assets in 2012: $164,234 (it was $113,272 in 2005)
Forest Grove Swim Club Inc: 

 $164,234
Other organizations performing similar types of work: 

 $33,448

Expenses in 2012: $78,019
Forest Grove Swim Club Inc: 

 $78,019
Other organizations performing similar types of work: 

 $75,206

Income to expenses ratio in 2012: 0.5
This organization: 

 0.5
Other organizations performing similar types of work: 

 0.9

Grants share in income in 2012: 0.0%
Forest Grove Swim Club Inc: 

 0.0%
Other organizations performing similar types of work: 

 78.3%

Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$37,299
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$38,130
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross loss from sales of inventory$-1,416
Gross sales of inventory, less returns and allowances$2,260
Less: cost of goods sold$3,676
Other revenue$585
Total expenses$78,019
Total net assets$124,913
Deficit for the year$-40,720
Net assets or fund balances at beginning of year$165,633
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$164,234
Total liabilities$39,321
Net assets or fund balances$124,913
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1University Swim ClubPo Box 10442, Knoxville, TN 37939-0442TN2007-02$43,203
2Sailfish Holdings, Sailfish Aquatics349 Copperfield Blvd Ne Ste L, Concord, NC 28025-2432NC2012-03$281,367
3Stingray Aquatics IncPO BOX 3070, Matthews, NC 28106-3070NC2003-10$261,953
4The National Center For Outdoor And Adventure Education, National Center For Outdoor & Adventure Education9809 River Rd, Wilmington, NC 28412NC2009-06$198,930
5Swim For Smiles Foundation400 Meadowmont Village Circle Suite 425, Chapel Hill, NC 27517NC2007-11$72,874
6Atlantic Surfing Federation505 Quail Lane, Kill Devil Hills, NC 27948NC2011-07$69,903
7Wilkes Aquatics And Fitness Council418 Wilkesboro Blvd, Wilkesboro, NC 28697NC2009-02$66,555
8Smoky Mountain Swim Team Inc, Smoky Mountain Aquatic ClubPO BOX 452, Waynesville, NC 28786-0452NC2014-05$62,245
9Forest Grove Swim Club IncPO BOX 297, Mayodan, NC 27027-0297NC2012-09$40,975
10Wellsley Wave Boosters237 Parkgate Dr, Cary, NC 27519-6089NC2008-02$26,064
11Southport Sailing IncPO BOX 10690, Southport, NC 28461-0690NC2005-07$25,951
12Biltmore Park Stingrays Swim Team Inc, Stingrays Swim Team7 Bent Oak Ln, Asheville, NC 28803-3376NC2015-03$14,665
13Lake Norman Swim League Inc152 Marstons Mill Drive, Mooresville, NC 28117NC2014-03$12,174
14Asheville Aquatic Center Inc335 Lynn Cove Rd, Asheville, NC 28804-1914NC2004-02$0
15Asheville Masters Swimming Inc1032 Columbine Road, Asheville, NC 28803NC2009-08$0
16Asheville Rowing Club Inc12 Griffing Blvd, Asheville, NC 28804NC2003-11$0
17Belhaven Yacht ClubPo Box 433, Belhaven, NC 27810NC2012-11$0
18Brunswick Aquatic Club, Brunswick Aquatic Club Inc640 Creek Way Circle Se, Bolivia, NC 28422-8266NC2012-06$0
19Carolina Sailing Foundation1610 Skye Dr, Chapel Hill, NC 27513NC2003-03$0
20Chapel Hill Summer Swim League Ltd240 Leigh Farm Rd, Durham, NC 27707-8100NC2015-04$0
Number of organizations performing similar types of work
Alaska27
Alabama20
Arkansas10
Arizona45
California413
Colorado64
Connecticut38
District of Columbia6
Delaware9
Florida173
Georgia37
Hawaii57
Iowa23
Idaho15
Illinois66
Indiana74
Kansas16
Kentucky34
Louisiana13
Massachusetts62
Maryland71
Maine14
Michigan92
Minnesota45
Missouri36
Mississippi8
Montana11
North Carolina65
North Dakota3
Nebraska11
New Hampshire23
New Jersey52
New Mexico18
Nevada17
New York143
Ohio77
Oklahoma9
Oregon52
Pennsylvania94
Rhode Island8
South Carolina17
South Dakota13
Tennessee36
Texas216
Utah22
Virginia101
Vermont8
Washington79
Wisconsin78
West Virginia8
Wyoming12
International10
Total2,651

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