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Barracuda Aquatics Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411447939 ✦ Eden prairie, MN ✦ Designated as a 501(c)(3)

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Overview

What is Barracuda Aquatics Club?

Barracuda Aquatics Club is a nonprofit organization dedicated to offering swimming opportunities for individuals of various ages. Their primary objective is to assist swimmers in honing the skills required to establish and achieve their personal objectives. Notably, over one-third of their income stems from membership contributions, indicating a strong reliance on their member base. The club's mission is to foster an inclusive environment where swimmers can grow and thrive, offering them the tools and support necessary for their swimming journey.


Official website here: www.baccudas.org

Is Barracuda Aquatics Club legitimate?

Barracuda Aquatics Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barracuda Aquatics Club submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.baccudas.org

What is the mission statement of Barracuda Aquatics Club?

The Barracuda Aquatics Club's mission is centered around offering swimming opportunities for individuals of various ages. Their primary objective is to help these swimmers cultivate the skills needed to set and achieve their goals. A significant portion of their income, exceeding 33 1/3%, comes from membership fees. The club's activities are geared towards fostering personal growth and achievement within the realm of swimming.


Official website here: www.baccudas.org

Who is the CEO of Barracuda Aquatics Club?

Holly Lee is the Treasurer of Barracuda Aquatics Club.


Official website here: www.baccudas.org

What is the revenue of Barracuda Aquatics Club?

Barracuda Aquatics Club's revenue in 2023 was $162,961.


Official website here: www.baccudas.org

Who are the executives of Barracuda Aquatics Club and what are their salaries?


Here are 2 key members and their salaries:


Jeff S Lee (President And Head Coach)
  • Compensation: $5,923,508
  • Related: $0
  • Other: $0
Holly Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.baccudas.org

Where can I find the form 990EZ for Barracuda Aquatics Club?

Barracuda Aquatics Club's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.baccudas.org

Learn more at the official website: www.baccudas.org

Mission Statement of Barracuda Aquatics Club

Barracuda Aquatics Club, a nonprofit organization, is dedicated to offering swimmers of all ages the chance to hone the essential skills required to set and achieve their objectives. This mission is significantly funded by the club's membership, with more than one-third of its income sourced from this membership base. By providing a nurturing environment, Barracuda Aquatics Club empowers its swimmers to set and pursue their swimming goals, fostering their growth and development in the sport.

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Impact




October, 2024

Barracuda Aquatics Club positively impacts the community by offering swimmers of all ages the opportunity to develop essential skills needed to achieve their personal goals in the sport. Based in Eden Prairie, MN, the club fosters a supportive environment that encourages growth and perseverance among participants. By providing structured programming, the club not only enhances individual swimming capabilities but also promotes teamwork, discipline, and a healthy lifestyle. The strong membership support, which accounts for more than one-third of the club’s income, reflects the community’s commitment to developing aquatic skills and fostering a love for swimming. Through its mission, Barracuda Aquatics Club plays a vital role in building a vibrant recreational culture in the area, empowering individuals and strengthening community bonds.




This information is meant to be a general summary of Barracuda Aquatics Club. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$162,961 (2023)
Expenses
$142,588 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $24,393
  • Gross Receipts: $162,961

Assets and Liabilities:

  • Total Assets: $181,806
  • Total Liabilities: $0
  • Net Assets: $181,806

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Organization Details

Principal Officer

Holly Lee

Main Address

10695 LEE DR, EDEN PRAIRIE, MN, 553474817

NTEE Category

Code: N67Z - Recreation

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