Splash Club Inc

Splash Club Inc is a 501(c)(3) nonprofit organization based in Bartlesville, Oklahoma. Established as a tax-exempt entity in November 1974, it operates independently and is not affiliated with any larger national or regional group[3][4].

Mission

The mission of Splash Club Inc is to provide opportunities for the youth of Washington County and the surrounding area to maintain physical fitness while learning the value of competition[2][5]. This aligns with its category in the National Taxonomy of Exempt Entities (NTEE) as a recreation, sports, leisure, athletics organization focusing specifically on swimming and water recreation[1].

Financial Overview

Splash Club Inc generates revenue primarily from contributions and program services. In recent years, the organization has demonstrated a significant reliance on these two sources:

• Fiscal Year Ending August 2024: Total revenue was approximately $572,000, with contributions accounting for 46.1% ($250,059) and program services making up 53.6% ($290,491)[1].
• Fiscal Year Ending August 2023: Financial details were not specified, but the organization continued to operate with a mix of contributions and program services as its primary revenue streams.
• Fiscal Year Ending August 2022: Contributions were $293,852 (48.9%) and program services were $306,120 (51.0%)[1].
• Earlier Years: In years such as 2020 and 2019, contributions were lower, with program services being the dominant source of revenue[1].

The organization's expenses are focused on its operations, with no reported executive compensation or professional fundraising fees in recent years[1].

Assets and Liabilities

As of 2024, Splash Club Inc reported total assets of approximately $547,000 and total liabilities of $19,600[1]. This financial position suggests stability and a manageable debt profile for its operations.

Tax-Deductible Donations

Donations to Splash Club Inc are tax-deductible, allowing donors to support the organization's mission while benefiting from tax relief[1].