Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 97,633 | 102,817 | 201,329 | 126,041 | 164,141 | 691,961 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 97,633 | 102,817 | 201,329 | 126,041 | 164,141 | 691,961 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 390,092 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 301,869 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 97,633 | 102,817 | 201,329 | 126,041 | 164,141 | 691,961 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 32 | 45 | 41 | 118 | ||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | 692,079 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | RACE SWAMI EXISTS TO EMPOWER YOUTH TO BE CHAMPIONS IN AND OUT OF THE WATER FOR A LIFETIME. WE PROVIDE OPPORTUNITIES IN SWIMMING FOR UNDERSERVED YOUTH FROM THE WEST SIDE OF SALT LAKE CITY. OUT GOAL IS TO DEVELOP OUR PARTICIPANTS PHYSICAL AND MENTAL HEALTH IN A FUN AND UNIQUE ENVIRONMENT, DEEPLY ROOTED IN SEFLT-DISCIPLINE, TEAMWORK, AND WHOLE-BODY AWAREMENSS. AT THE SAME, WE VALUE AND WELCOME THE RICH CULTURAL KNOWLEDGE AND EXPERIENCES OF THE YOUTH AND COMMUNITIES WE SERVE. RACE SWAMI IS A 501 (C) (3) NON PROFIT CLUB SERVICE THE ROSE PARK, GLENDALE AND NEIGHBORING COMMUNITIES OF SALT LAKE CITY'S WEST SIDE. |
| FORM 990, PAGE 2, PART III, LINE 4A | JANUARY QUAC (QUEER UTAH AQUATIC CLUB) HELD THEIR THIRD CONSECUTIVE NEW YEAR'S DAY FUNDRAISER ON BEHALF OF RACE SWAMI, RAISING NEARLY 3,000. THE PROCEEDS WENT TOWARDS PURCHASING NEW TRAINING EQUIPMENT FOR THE SWAMIS, INCLUDING FINS, SNORKELS, AND TRAINING SUITS. SWAMI'S 2018 ANNUAL APPEAL GARNERED NEARLY 18,000 FOR THE PROGRAM. THE MONEY WAS APPLIED TOWARDS SWIMMER SCHOLARSHIPS, POOL RENTALS AT THREE LOCATIONS, AND MEET FEES FOR THE 2019 SEASON. FEBRUARY SWAMI'S HIGH SCHOOL SWIMMERS COMPETED IN THEIR RESPECTIVE HIGH SCHOOL STATE CHAMPIONSHIPS WITH SENIOR EMILY DIXON (WEST HIGH) HEADLINING THE CREW. SHE FINISHED 4TH OVERALL IN THE 100-YARD FLY AS WELL AS 9TH IN THE 200 IM. EMILY HELPED HER GIRLS' TEAM FINISH 4TH OVERALL IN THE 5A DIVISION. EMILY'S TIME IN THE 100 FLY WAS GOOD ENOUGH TO QUALIFY HER FOR THE SPEEDO SECTIONALS MEET IN PHOENIX, ARIZONA, WHERE SHE SWAM THE 100 FLY, 200 FLY, AND 200 IM. MARCH RACE SWAMI'S 14 & UNDER ATHLETES ATTENDED THE UTAH AGE GROUP STATE CHAMPIONSHIPS IN BOUNTIFUL, WHERE THEY PLACED 10TH OVERALL. THE TOP TEAM SCORERS WERE CAROLINE COOPER, ANGELA ROBERTS, MIGUEL FREGOSO, AND MADELEINE STOLZ. APRIL A RECORD FIVE SWAMIS QUALIFIED FOR THE PRESTIGIOUS FAR WESTERNS CHAMPIONSHIPS, HELD ANNUALLY IN APRIL IN SANTA CLARA, CA. MAY COACH MATT FINNIGAN WAS INVITED TO SPEAK AT THE USA SWIMMING SWIM-BIZ CONFERENCE IN COLORADO SPRINGS. A CROWD OF 400 ATTENDEES LISTENED TO RACE SWAMI'S COMPELLING JOURNEY IN BUILDING A NATIONALLY RENOWNED SWIMMING AND ENRICHMENT PROGRAM SERVING UNDERREPRESENTED YOUTH. JUNE THE SWAMIS HELD THEIR ANNUAL SWIM-A-THON TO RAISE MONEY FOR THE PROGRAM. THIS YEAR'S PROJECT DIRECTED PROCEEDS TO A SUMMER TEAM TRAVEL MEET IN FORT COLLINS, COLORADO. JUNE & JULY THE SWAMIS HEADED TO COLORADO FOR THE FIRST TIME FOR A TEAM TRAVEL MEET AND COMPETED IN THE ANNUAL FORT COLLINS BONANZA, FACING SIXTEEN OTHER PROGRAMS FROM FOUR STATES. THE SWAMIS FINISHED 2ND PLACE OVERALL TO SERVE MORE CHILDREN IN SALT LAKE'S WEST SIDE COMMUNITIES, SWAMI OFFERED SUMMER SWIMMING LESSONS FOR ALL AGES AT THE GRANGER POOL SITE, AS WELL AS A YEAR-ROUND "SWAMI PREP" GROUP FOR KIDS NOT QUITE PREPARED FOR THE COMPETITIVE SWIMMING ENVIRONMENT. FOR THE FIFTH CONSECUTIVE YEAR, SWAMI PARTNERED WITH THE POPLAR GROVE-BASED NEIGHBORHOOD HOUSE TO OFFER FREE SWIMMING LESSONS TO MORE THAN 60 CHILDREN. THE PROGRAM WAS AN 8-WEEK COURSE IN JUNE AND JULY. THE PROGRAM WAS MADE POSSIBLE BY THE GENEROUS SUPPORT FROM THE MCCARTHEY FAMILY FOUNDATION. AUGUST SWAMIS CLOSED OUT THE SUMMER LONG COURSE SEASON BY SETTING MORE THAN 40 NEW TEAM RECORDS AND QUALIFYING FOR MORE REGIONAL AND NATIONAL MEETS THAN EVER BEFORE. THE TEAM CELEBRATED THEIR ACCOMPLISHMENTS BY HOSTING A "WEEK OF SWAMI" WITH A SERIES OF FUN DAILY ACTIVITIES AND AN AWARDS NIGHT TO HONOR THE SWAMIS. SEPTEMBER USA SWIMMING NAMED RACE SWAMI ONE OF THE TOP 20 OUTREACH PROGRAMS IN THE NATION WITH LESS THAN 100 PROGRAMS NATIONALLY THAT FOCUS ON SERVING LOW INCOME YOUTH (35% OR MORE OF THE ROSTER), RACE SWAMI WAS DESCRIBED AS RARE DUE TO OFFERING ITS MEMBERS EDUCATIONAL EXPERIENCES OUTSIDE OF SWIMMING OCTOBER JEPS FOUNDATION COMMITTED ITS SUPPORT TO RACE SWAMI FOR THE EIGHTH CONSECUTIVE YEAR, WHILE THE COMMUNITY FOUNDATION OF UTAH (ANOTHER LONGTIME SUPPORTER) PRODUCED A FOCUS PIECE ON RACE SWAMI AND THE IMPACT THEIR CONTRIBUTIONS HAVE MADE TO THE SWIMMING AND ENRICHMENT PROGRAM. NOVEMBER EAST HIGH VS WEST HIGH GIRLS- DUAL MEET FEATURED THE MOST SWAMIS COMPETING IN A HIGH SCHOOL MEET TO DATE. SWAMIS WON 7 OF 8 EVENTS. |
| FORM 990, PAGE 6, PART VI, LINE 2 | MATT FINNEGAN MARY CHRIS FINNIGAN SPOUSES |
| FORM 990, PAGE 6, PART VI, LINE 11B | A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR THEIR REVIEW PRIOR TO FILING. ANY COMMENTS OR QUESTIONS ARE INCORPORATE AND RESOLVED BEFORE THE FORM 990 IS FILED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD OF DIRECTORS MEETS TO DISCUSS THE EXECUTIVE DIRECTOR'S SALARY AND USES COMPARABLE ORGANZATIONS WHEN DETERMINING THE SALARY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST. |
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| Software Version: |