2025-07-10T08:30:32-05:00 2024-08-31 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2023-09-01 473425705 SOUTH JERSEY AQUATIC CLUB SOUT 8563353007 333 PRESTON AVE VOORHEES NJ 08043 KRISTEN HOLCROFT BUSINESS ADMINISTRATOR 8563353007 2025-07-08 1 0 HELEN M MARTIN P01330899 2158818800 2023 2025-03-06 01:10:19Z KRISTEN HOLCROFT 333 PRESTON AVE VOORHEES NJ 08043 1541104 0 X WWW.SJACSWIMMING.COM X 2015 NJ THE MISSION OF SOUTH JERSEY AQUATIC CLUB (SJAC) IS TO PROVIDE QUALITY RECREATIONAL AND COMPETITIVE SWIM INSTRUCTION AND TEACH OVERALL WATER SAFETY SKILLS TO ALL MEMBERS OF THE COMMUNITY, REGARDLESS OF AGE OR ABILITY. THE LONG-TERM FOCUS IS LIFE-LONG DEVELOPMENT OF TOTAL MIND AND BODY HEALTH. 6 4 42 500 0 0 3565 8033 1362635 1521305 55 1055 0 -1409 1366255 1528984 0 0 0 0 530937 509850 0 0 3030 1056609 1075922 1587546 1585772 -221291 -56788 49375 43686 388253 435593 -338878 -391907 X THE MISSION OF SJAC IS TO PROVIDE QUALITY RECREATIONAL AND COMPETITIVE SWIM INSTRUCTION AND TEACH OVERALL WATER SAFETY SKILLS TO ALL MEMBERS OF THE COMMUNITY, REGARDLESS OF AGE OR ABILITY. THE LONG-TERM FOCUS IS LIFE-LONG DEVELOPMENT OF TOTAL MIND AND BODY HEALTH.THE FOUNDING PRINCIPAL OF SJAC IS THAT SWIMMING SHOULD BE ENJOYED, NOT ENDURED. THIS PHILOSOPHY IS CARRIED ACROSS ALL LEVELS OF INSTRUCTION, FROM OUR LEARN-TO-SWIM PROGRAM, TO OUR NATIONAL COMPETITORS, AND EVERYONE IN BETWEEN. IN ADDITION TO TEACHING SWIM TECHINQUE AND WATER SAFETY, WE STRIVE TO TEACH OUR PARTICIPANTS SKILLS THAT THEY CAN CARRY WITH THEM OUTSIDE OF THE POOL TO LIVE ACTIVE HEALTHY LIVES.SOUTH JERSEY AQUATIC CLUB SWIMS AT THE BRAND NEW NL AQUATIC CENTER IN VOORHEES AND IS DIVIDED INTO 5 PROGRAMS: COMPETITIVE SWIM TEAM, NON-COMPETITIVE SWIM TEAM, MASTER'S SWIM TEAM, SPECIAL OLYMPICS TEAM, AND HOME SCHOOL SWIM TEAM. 0 0 1445008 1521305 IN ADDITION TO TEACHING SWIM TECHNIQUE AND WATER SAFETY, THE CLUB STRIVES TO TEACH ITS PARTICIPANTS SKILLS THAT THEY CAN CARRY WITH THEM OUTSIDE OF THE POOL TO LIVE ACTIVE HEALTHY LIVES. THE CLUB SWIMS AT THE BRAND-NEW NL AQUATIC CENTER IN VOORHEES, NEW JERSEY AND IS DIVIDED INTO FIVE PROGRAMS: (1) SJAC SWIM SMART LESSONS, (2) COMPETITIVE SWIM TEAM, (3) NON-COMPETITIVE SWIM TEAM, (4) MASTER'S SWIM TEAM, AND (5) SPECIAL NEEDS SWIM PROGRAM. EACH OF THE PROGRAMS IS DESCRIBED IN DETAIL BELOW. 1. THE SJAC SWIM SMART LESSONS THE SJAC SWIM SMART LESSONS ARE GEARED TOWARD THE COMPETITIVE SWIMMER. WE COMBINE INDIVIDUAL COACHING WITH MODERN TECHNOLOGY TO IMPROVE THE EFFICIENCY OF EACH STROKE. WITH THE USE OF UNDERWATER CAMERAS, SWIM ANALYSIS SOFTWARE, AND AN ENDLESS POOL, WE ARE ABLE TO ANALYZE AND CORRECT THE INDIVIDUAL'S FROM EVERY ANGLE 2. THE COMPETITIVE SWIM TEAM THE COMPETITIVE SWIM TEAM IS A USA SWIMMING COMPETITIVE TEAM STARTED BY PETER HOLCROFT, AN ASCA (AMERICAN SWIM COACHES ASSOCIATION) LEVEL 4 SWIM COACH. SINCE STARTING THE COMPETITIVE TEAM IN THE FALL OF 2015, THE TEAM HAS GROWN TO OVER 615 SWIMMERS, THE LARGEST IN THE MID-ATLANTIC REGION, AND TOP 30 CLUB TEAMS IN THE USA. PETER HAS BEEN COACHING COMPETITIVE SWIM TEAMS AND RUNNING LESSON PROGRAMS FOR ALMOST 30 YEARS THROUGHOUT THE SOUTH JERSEY COMMUNITY. HE RAN SEVERAL YMCA TEAMS THAT WERE RANKED AMONG THE TOP 75 TEAMS NATIONWIDE (SEE PETE HOLCROFT BIO FOR MORE INFORMATION). PETER IS THE FOUNDER AND PRESIDENT OF SJAC AND ALSO COACHES THE PLATINUM NATIONAL PROGRAM. PETER BASED HIS TEAM'S TRAINING WHAT HE LEARNED THROUGH HIS OWN COMPETITIVE SWIMMING CAREER THAT BALANCING A MEDIUM AMOUNT OF SWIM YARDAGE WITH TARGETED DRY-LAND TRAINING PREVENTED SWIMMERS FROM BURNING OUT TOO EARLY AND ALLOWED THEM TO EXTEND THEIR COMPETITIVE SWIM CAREERS. THIS PHILOSOPHY HAS PROVEN SUCCESSFUL AND HAS PRODUCED SWIMMERS WHO HAVE GONE ON TO OLYMPIC TRIALS, SUCCESSFUL COLLEGE COMPETITIVE SWIMMING CAREERS, AND THE US NATIONAL SWIM TEAM. THE CLUB RECOGNIZES THAT NOT ALL SWIMMERS HAVE THE DESIRE TO COMPETE ON A NATIONAL LEVEL AND HAS DEVELOPED PROGRAMS TO ACCOMMODATE EVERYONE. YOUNGER SWIMMERS ARE DIVIDED INTO GROUPS BY AGE AND SKILL LEVEL, BRONZE BEING THE YOUNGEST GROUP, THEN SILVER, GOLD, AND GOLD SELECT. ALL SWIMMERS ARE ENCOURAGED TO COMPETE IN EVERY STROKE AT A VARIETY OF DISTANCES BECAUSE IT TEACHES THEM TO CONQUER THEIR FEARS, INSTILLS CONFIDENCE, AND ENCOURAGES THEM TO ATTEMPT ALL STROKES INSTEAD OF LIMITING THEMSELVES TO ONE. AS THE SWIMMERS GET INTO HIGH SCHOOL, THEY ARE DIVIDED BY SKILL AND COMMITMENT TO THE SPORT. THOSE WHO ARE LOOKING FOR A MORE DISCIPLINED PROGRAM AND TO COMPETE ON A NATIONAL LEVEL MOVE INTO THE NATIONAL/PLATINUM GROUP. THE SENIOR GROUP IS FOR HIGH SCHOOL SWIMMERS WHO MAY PLAY OTHER SPORTS AND SWIM IN THE OFF SEASON, ARE JUST LOOKING TO COMPETE AND STAY IN SHAPE, OR JUST LOVE TO SWIM COMPETITIVELY BUT ARE NOT ABLE TO MAKE THE COMMITMENT OF THE PLATINUM GROUP 3. THE NON-COMPETITIVE SWIM TEAM THE NON-COMPETITIVE, OR SJAC II TEAM, BEGAN IN THE FALL OF 2015 FOR SEVERAL REASONS. THE CLUB RECOGNIZES A NEED TO OFFER A PROGRAM WITHOUT THE SWIM MEET COMMITMENT OF THE COMPETITIVE SWIM TEAM. THE CLUB ALSO WANTED TO OFFER YOUNGER SWIMMERS AN INTRODUCTION TO THE WORLD OF COMPETITIVE SWIMMING. SWIMMERS IN OUR BRONZE OR SILVER GROUP MAY ATTEND UP TO FOUR PRACTICES/WEEK. THEY ARE ENCOURAGED TO ATTEND MONTHLY SWIM MEETS, HOWEVER, THOSE MEETS ARE NOT REQUIRED. WE ALSO OFFER A SENIOR GROUP FOR HIGH SCHOOL ATHLETES. FINALLY, WE HAVE 2 DEVELOPMENTAL TEAMS FOR DIFFERENT AGE GROUPS THAT COMBINE SWIM LESSONS (TO DEVELOP CORRECT SWIM TECHNIQUE) AND TEAM TRAINING (TO ENCOURAGE SWIMMERS THROUGH THEIR PIERS). 4. THE MASTERS TEAM THE MASTERS TEAM STARTED IN THE FALL OF 2016. THE MASTERS TEAM OPERATES UNDER AND IS REGISTERED WITH US MASTERS SWIMMING. THIS GROUP IS FOR ADULT ATHLETES OVER THE AGE OF 18. MANY INDIVIDUALS ON THE MASTERS TEAM ARE FORMER COLLEGE SWIMMERS LOOKING FOR A COACHED PROGRAM TO STAY IN SHAPE, WHILE OTHERS ARE LOOKING TO IMPROVE THEIR TECHNIQUE IN ORDER TO COMPETE IN TRIATHLONS OR CROSS-FIT COMPETITIONS. FOR EVERYONE ON THE MASTERS TEAM, IT IS A REASON TO SOCIALIZE WITH OTHER ADULTS WITH SIMILAR INTERESTS. THE CLUB WELCOMES ANY ONE OVER THE AGE OF 18 ON THE MASTER TEAM, REGARDLESS OF SKILL LEVEL. 5. THE SPECIAL NEEDS PROGRAMS:THE CLUB BEGAN ITS SPECIAL NEEDS PROGRAMMING IN THE FALL OF 2016 AFTER RUNNING A TRIAL PROGRAM IN AUGUST WITH THE CAMDEN COUNTY DEPARTMENT OF EVENTS AND COMMUNITY OUTREACH PROVIDING GROUP LESSONS TO INDIVIDUALS WITH DISABILITIES. THE SPECIAL NEEDS PROGRAM MAINLY CONSISTS OF THE SPECIAL OLYMPICS SWIM TEAM (THE SJAC GATORS). THE CLUB BROUGHT ON SEVERAL COACHES WHO ARE TRAINED TO WORK WITH INDIVIDUALS WITH SPECIAL NEEDS AND HAVE SPECIALIZED IN AQUATICS. THE CLUB STRIVES TO GO BEYOND TRADITIONAL SPECIAL NEEDS PROGRAMMING BY NOT ONLY ENCOURAGING ITS SPECIAL NEEDS SWIMMERS TO PARTICIPATE, BUT TO IMPROVE. IN ADDITION TO WORKING WITH CAMDEN COUNTY DEPARTMENT OF EVENTS, THE CLUB HAS ALSO DEVELOPED A PARTNERSHIP WITH CAMDEN COUNTY PARTNERSHIP FOR CHILDREN. THE CLUB'S SPECIAL NEEDS SWIM TEAM PROGRAM NOW HAS 48 PARTICIPANTS THAT ALL COMPETE ON OUR SPECIAL OLYMPICS SWIM TEAM,THE LARGEST IN THE STATE. MANY OF THE CLUB'S COACHES, INSTRUCTORS AND SWIMMERS VOLUNTEER TO COACH THE TEAM.THE CLUB ASPIRES TO CREATE A FAMILY ATMOSPHERE AMONGST ALL THE FIVE PROGRAMS. MANY OF THE COACHES CURRENTLY WITH THE CLUB HAVE BEEN WITH PETE SINCE BEFORE HE MOVED THE SWIM TEAM TO THE NL AQUATICS CENTER. MANY OF THEM WERE FORMER SWIMMERS OF HIS WHO LOVED THE PHILOSOPHY AND THE ATMOSPHERE HE CREATED SO MUCH THAT THEY HAVE COME BACK TO COACH FOR HIM AS ADULTS. ALTHOUGH THE CLUB'S TEAMS ARE SPLIT INTO GROUPS, EACH GROUP HAS SEVERAL TEAM BONDING EVENTS THROUGHOUT THE SEASON, INCLUDING TWO GROUP EVENTS AT THE BEGINNING AND END OF THE SEASON. 1445008 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 7 0 1 42 1 0 0 0 0 0 1 1 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 X KRISTEN HOLCROFT 8563353007 333 PRESTON AVE VOORHEES NJ 08043 PETER HOLCROFT PRESIDENT 40.00 X X 79983 0 0 TIM HOLCROFT BOARD MEMBER 4.00 X 11523 0 0 SCOTT PETERS VICE PRESIDENT/SECRETARY 0.20 X X 0 0 0 SHAWN WATSON TREASURER 0.20 X X 0 0 0 GREGORY BARONE BOARD MEMBER 0.20 X 0 0 0 JONATHAN MASLOW BOARD MEMBER 0.20 X 0 0 0 91506 0 0 0 0 0 0 NL AQUATIC CENTER 333 PRESTON AVE VOORHEES NJ 08043 POOL RENTAL 480000 GIANT FITNESS 120 BRITTON PL VOORHEES NJ 08043 FITNESS RENTAL 130000 2 7601 432 8033 REGISTRATION AND OTHER 711210 1521305 1521305 1521305 63 63 6064 5072 992 992 992 5639 7601 7048 -1409 -1409 1528984 1521305 0 -354 99606 49803 49803 354372 354372 16311 16311 39561 35221 4340 27810 27810 4500 4500 2388 2388 17591 14561 3030 5124 5124 20258 20258 POOL RENTALS 616300 616300 MEET EXPENSES 271957 271957 PROGRAM SUPPLIES 33301 33301 APPAREL 31720 31720 44973 13377 31596 1585772 1445008 137734 3030 22680 19554 1250 13000 13000 1549 1285 10896 9847 49375 43686 19152 28754 95859 101350 79111 110050 144131 136439 50000 59000 388253 435593 X 0 0 0 0 -338878 -391907 -338878 -391907 49375 43686 -56788 3759 0 X 0 0 0 X 33927 80527 101178 3565 8033 227230 920666 1096858 1355986 1362635 1521305 6257450 954593 1177385 1457164 1366200 1529338 6484680 0 0 0 6484680 55 63 118 55 63 118 8578 8578 954593 1185963 1457164 1366255 1529401 6493376 0.99870 0.99860 0.00000 X 0 43 SHS APPLE INC COMMON 9847 F 9847 LINE OF CREDIT 59000 59000 KRISTEN HOLCROFT FAMILY MEMBER OF DIRECTOR OPERATING EXPENSES X 13100 0 0 1 0 NL AQUATIC CENTER ENTITY OWNED BY BOARD MEMBERS PETER HOLCROFT, SHAWN WATSON & SCOTT PETERS. POOL CONSTRUCTION X 104319 110050 0 1 0 110050 NL AQUATIC CENTER ENTITY OWNED BY BOARD MEMBERS PETER HOLCROFT, SHAWN WATSON & SCOTT PETERS. 482000 POOL RENTALS 0 FORM 990, PART VI, SECTION A, LINE 2 PETER HOLCROFT, SHAWN WATSON AND SCOTT PETERS, DIRECTORS, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES OF THE BOARD FOR WHICH MEETING MINUTES WOULD BE KEPT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND THE DRAFT IS REVIEWED BY PETER HOLCROFT (BOARD PRESIDENT), SHAWN WATSON (BOARD TREASURER), AND KRISTEN HOLCROFT (BUSINESS ADMINISTRATOR) AFTER CHANGES ARE MADE AND THE DRAFT IS APPROVED, A COPY IS SENT TO THE FULL BOARD FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 AN INTERESTED PERSON MUST DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS. ALL DIRECTORS AND EMPLOYEES HAVE A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST WHENEVER SUCH SITUATIONS ARISE. EACH DIRECTOR AND OFFICER AS WELL AS EVERY EMPLOYEE, MEMBER OF AN ADVISORY TEAM, AND CONSULTANT HOLDING A POSITION OF RESPONSIBILITY AND TRUST ON BEHALF OF THE ORGANIZATION SHALL ANNUALLY REVIEW, AND IF NECESSARY UPDATE, THEIR DISCLOSURES. AFTER DISCLOSURE OF THE ACTUAL OR POSSIBLE CONFLICTS OF INTERESTS AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE DIRECTORS SHALL DETERMINE WHETHER A CONFLICT EXISTS. IN THE EVENT A DIRECTOR IS THE INTERESTED PERSON, THE INTERESTED PERSON SHALL ABSTAIN FROM PARTICIPATING IN ANY DECISION WHERE THE CONFLICT IS INVOLVED. (A)AN INTERESTED PERSON MAY MAKE A PRESENTATION TO THE DIRECTORS EITHER AT A DIRECTORS' MEETING OR IN SUCH OTHER MANNER AS MAY BE REQUESTED BY THE DIRECTORS. IF SUCH PRESENTATION IS MADE AT A DIRECTORS' MEETING, SUCH PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT OR CONTRACTUAL AGREEMENT THAT GIVES RISE TO THE ACTUAL OR POSSIBLE CONFLICT OF INTEREST. (B)THE DIRECTORS SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION, ARRANGEMENT, OR AGREEMENT. (C)AFTER EXERCISING DUE DILIGENCE, THE DIRECTORS SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION, ARRANGEMENT, OR AGREEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. (D)IF A MORE ADVANTAGEOUS TRANSACTION, ARRANGEMENT, OR AGREEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE DIRECTORS SHALL DETERMINE WHETHER THE TRANSACTION, ARRANGEMENT, OR AGREEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION. THE DIRECTORS SHALL MAKE A DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION, ARRANGEMENT, OR AGREEMENT IN CONFORMITY WITH SUCH DETERMINATION. IF A DIRECTOR IS AN INTERESTED PERSON, SUCH DIRECTOR SHALL ABSTAIN FROM PARTICIPATING IN SUCH A DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION WAS BASED ON WHAT LOCAL COMPETITORS ARE PAYING. THE COMPENSATION AMOUNT WAS DISCUSSED AND APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND INTERNALLY PREPARED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.