Pine Richland Aquatics Inc

Pine Richland Aquatics Inc. is a nonprofit organization categorized under Amateur Sports Clubs, Leagues, N.E.C. (National Taxonomy of Exempt Entities), and it operates primarily to support youth swimming in the region surrounding the Pine-Richland School District.

Mission

The organization focuses on preparing youth for competitive swimming, enhancing their swimming abilities, and fostering sportsmanship. It serves residents of Pine Township and the surrounding areas by promoting swimming as a recreational and competitive activity.

Financial Overview

Pine Richland Aquatics Inc. is considered a public charity. Its primary sources of revenue are from program services, accounting for approximately 92% to 95% of total revenue in recent years. The organization also engages in fundraising activities, contributing around 4% to 6% of its revenue[1][2]. As of recent filings, the organization reported a negative net income due to expenses exceeding revenue, though it maintains a positive net asset value[1].

Operations and Activities

Pine Richland Aquatics Inc. does not engage in grant-making activities. It focuses on delivering swimming programs and services to the community, employing staff to manage and execute these programs. Salaries and wages for other personnel constitute a significant portion of its expenses[1].

History and Tax Status

Pine Richland Aquatics Inc. has been tax-exempt since June 2008. Contributions to this organization are tax-deductible[1]. Despite its modest size, it plays a significant role in promoting aquatic sports and leisure activities in its service area.