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Nonprofit · EIN 27-4648408

RACE SWAMI

Tax-exempt · SALT LAKE CTY, UT 84109

Financials

$178K$188K2023$254K$177K2024
Revenue Expenses · by fiscal year end
Financials of RACE SWAMI by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$254,466$176,578$77,888$114,357$4,761$109,596
December 31, 2023990$178,399$187,599-$9,200$38,542$6,834$31,708
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$231,155
Program service revenue
$23,308
Investment income
$3
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$43,333
Other salaries and wages
$64,712
Salaries, compensation and benefits (total)
$115,859
Professional fundraising fees
$0
Accounting fees
$8,395
Occupancy
$21,940
Travel
$3,377
Program services (functional)
$149,138
Management and general (functional)
$14,843
Fundraising (functional)
$12,597

Balance sheet and other

Total assets, start of year
$38,542
Total assets, end of year
$114,357
Total liabilities, end of year
$4,761
Net assets, end of year
$109,596
Net assets without donor restrictions
$16,044
Net assets with donor restrictions
$93,552
Gross receipts
$254,466
Employees
14
Year formed
2011
State of legal domicile
UT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MATT FINNIGANEXECUTIVE DI
Trustee or director, Officer
40$43,333
JULL DAHLE BENNETTDIRECTOR
Trustee or director
0.25$0
SUYIN CHONGDIRECTOR
Trustee or director
0.25$0
SHEILA DIXONBOARD PRESID
Trustee or director, Officer
1$0
JORGE FIERRODIRECTOR
Trustee or director
0.25$0
GRADY JOHNSONTREASURER
Trustee or director, Officer
1$0
NONA RICHARDSONDIRECTOR
Trustee or director
0.25$0
ANGIE HARRIS ROBERTSDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MATT FINNIGANEXECUTIVE DI
Trustee or director, Officer
40$54,167
JILL DAHLE BENNETTDIRECTOR
Trustee or director
0.25$0
PAM CHAMBERLAINVICE PRESIDE
Trustee or director, Officer
0.25$0
SHEILA DIXONBOARD PRESID
Trustee or director, Officer
0.25$0
JORGE FIERRODIRECTOR
Trustee or director
0.25$0
GRADY JOHNSONTREASURER
Trustee or director, Officer
0.25$0
NONA RICHARDSONDIRECTOR
Trustee or director
0.25$0
ANGIE HARRIS ROBERTSDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
2751 S 2700 E, SALT LAKE CTY, UT 84109-2013
In care of
% MATT FINNIGAN
Mailing address (990-N for 2012)
2751 So 2700 East, Salt Lake City UT 84109
Principal officer (990 for 2024)
MATT FINNIGAN, 2751 S 2700 E, SALT LAKE CITY, UT 841092013
Principal officer (990-N for 2012)
Matt Finnigan, 2751 So 2700 East, Salt Lake City UT 84109
Signed the 990
MATT FINNIGAN, EXECUTIVE DIRECTOR
Phone
(801) 205-4881
Return prepared by
BOUNTIFUL PEAK ADVISORS

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.

990 for the year ended December 31, 2024

Program accomplishments

  • JANUARY RACE SWAMI WAS SELECTED AS ONE OF 12 USA SWIMMING PROGRAMS NATIONALLY (AND THE ONLY PROGRAM LOCATED IN THE INTERMOUNTAIN REGION) FOR THE COMMUNITY IMPACT GRANT. THE GRANT, MEANT TO INCREASE COMPETITIVE OPPORTUNITIES WITHIN USA SWIMMING AS WELL AS ASSIST IN PROGRAMMING TO UNDERSERVED COMMUNITIES, IS RENEWABLE ANNUALLY FOR UP TO THREE YEARS. FEBRUARY SEVERAL HIGH SCHOOL-AGED SWAMIS COMPETED IN THEIR RESPECTIVE HIGH SCHOOL STATE CHAMPIONSHIP MEETS (EAST HIGH SCHOOL,WEST HIGH SCHOOL, AND CYPRESS HIGH SCHOOL). MARCH RACE SWAMI QUALIFIED SEVERAL SWIMMERS TO THE AGE GROUP STATE CHAMPIONSHIPS (SOUTH DAVIS REC CENTER). ALL SWIMMERS WHO COMPETED QUALIFIED FOR OUTREACH ATHLETE GRANTS, MADE POSSIBLE THROUGH USA SWIMMING FOUNDATION. APRIL RACE SWAMI HELD ITS ANNUAL SWAMI SPEAKER SERIES FEATURING PROMINENT GUEST SPEAKERS FROM THE WEST SIDE NEIGHBORHOODS OF SALT LAKE CITY. SPEAKERS SHARE THEIR EXPERIENCES, CHALLENGES AND SUCCESSES WITH THE SWAMIS, ALLOWING THE KIDS TO GAIN PERSPECTIVE FROM THOSE WHO GREW UP IN THESE COMMUNITIES AND SHARE SIMILARITIES LIKE ETHNICITY, SCHOOLS, AND OPPORTUNITIES. MAY SEVERAL SWAMIS TOOK ADVANTAGE OF RACE SWAMI'S TUTORING PROGRAM TO IMPROVE GRADES AND MASTER THEIR COURSES, INCLUDING MATH, SCIENCE, SPANISH, AND WRITING. FOUR VOLUNTEERS (THREE OF WHOM ARE SWAMI ALUMS) SPENT MORE THAN 100 HOURS ASSISTING STUDENT-ATHLETES FOR THE 2023-24 SCHOOL YEAR. JUNE SWAMI'S LEARN-TO-SWIM LESSONS PROGRAM OPENED SUMMER PROGRAMMING FOR THE FOURTH CONSECUTIVE YEAR, SERVING MORE THAN 175 CHILDREN. ALL SESSIONS OFFERED WERE FILLED TO CAPACITY. THESE LESSONS ARE OFFERED FREE TO THE WESTSIDE COMMUNITY, AS NEARLY 100% OF THE CHILDREN ENROLLED QUALIFY FOR FREE/REDUCED LUNCH AT LOCAL SCHOOLS. LESSONS-GOERS RANGED IN AGES 2 TO 13, WITH SIX VARYING LEVELS OF SKILL-BASED SWIMMING LESSONS. THE LEARN-TO-SWIM LESSONS PROGRAM IS FUNDED BY THE DAHLE FAMILY FUND AND MCCARTHEY FAMILY FOUNDATION. 10 CHILDREN GRADUATED FROM THE PROGRAM AND ARE CURRENTLY DEVELOPING SKILLS IN THE "PRE-SWAMI" GROUP. JULY RACE SWAMI ATTENDED A TRAVEL MEET TO SANTA BARBARA,CA FOR THE ANNUAL SEMANA NAUTICA SWIM FESTIVAL HELD AT THE LOS BAOS AQUATIC CENTER ON THE SHORES OF SANTA BARBARA. THE TEAM RAISED NEARLY 10,000 FOR 14 MONTHS SO THAT SWAMI SWIMMERS, RANGING IN AGES 9 TO 17, COULD ATTEND THIS STORIED LONG COURSE MEET, WHICH ATTRACTS TEAMS FROM ALL OVER THE WEST. FUNDS RAISED COVERED TRAVEL, MEET FEES, FOOD AND HOTEL ACCOMMODATIONS. AUGUST RACE SWAMI HELD IT'S ANNUAL SWAMI SUMMER BOOK CLUB FOR ALL PARTICIPANTS, COVERING FIVE BOOKS FROM BLACK AND LATINO/A AUTHORS ON A RANGE OF TOPICS RELATED TO SOCIAL JUSTICE AND CULTURAL DIFFERENCES. THIS YEAR THERE WERE THREE READING LEVEL GROUPS (ELEMENTARY STUDENTS, MIDDLE SCHOOL STUDENTS, AND HIGH SCHOOL STUDENTS) AND THE GROUPS MET WEEKLY AT THE GRANGER POOL AFTER PRACTICE. COUPLED WITH VOLUNTEER BOOK CLUB LEADERS, SENIOR SWAMI SWIMMERS HELPED FACILITATE THE BOOK CLUB MEETINGS AND DISCUSSIONS. SENIOR SWIMMERS ALSO SERVED AS IN-WATER INSTRUCTORS FOR THE LEARN-TO-SWIM SWIMMING LESSONS PROGRAM AFTER ACQUIRING LIFEGUARD CERTIFICATION THROUGH THE AMERICAN RED CROSS. RACE SWAMI PARTNERED WITH SALT LAKE OPEN WATER (SLOW) IN OFFERING A FREE OPEN WATER SWIMMING CLINIC AT THE JORDANELLE RESERVOIR FOR ALL SWAMIS AGES 13 AND OLDER. ARMORED WITH 16 EXPERIENCED SWIMMERS FROM SLOW AND ANOTHER 15 VOLUNTEERS INCLUDING SWAMI COACHES, PARENTS AND CORPORATE SPONSORS, THE SWAMIS ENJOYED A DAY OF LEARNING THE FINER POINTS OF OPEN WATER SWIMMING COMPETITION. AFTER THE SWIMMING PORTION OF THE CLINIC THE ENTIRE CREW WAS TREATED TO RICO BRAND BURRITOS AND SIDE DISHES. RACE SWAMI AND SLOW PLAN TO OFFER ANOTHER CLINIC IN JUNE 2025 AND PREPARE SWAMI SWIMMERS FOR THEIR FIRST OPEN WATER COMPETITION. SEPTEMBER HEAD COACH CLAIRE JACKSON WAS HONORED AS ONE OF 30 RECIPIENTS BY THE AMERICAN SWIMMING COACHES ASSOCIATION (ASCA) FOR THE ANNUAL "30 UNDER 30" NATIONAL AWARD, RECOGNIZING THE 30 MOST PROMINENT UP-AND-COMING SWIM COACHES IN THE COUNTRY. THIS AWARD ALLOWED CLAIRE TO ATTEND THE ASCA WORLD CLINIC IN ORLANDO, FLORIDA WITH ALL COSTS AND FEES COVERED BY USA SWIMMING AND ASCA. THE WORLD CLINIC FEATURED SWIM COACHES FROM THE RECENT OLYMPIC GAMES AS WELL AS OTHER PROMINENT COACHES IN THE PROFESSION, SHARING THEIR IDEAS AND PROGRAMMING THAT EXPOSES YOUNG COACHES TO THE PROFESSION. MINERVA HUERTA (RACE SWAMI TEAM PRESIDENT AND PROGRAM ADMINISTRATOR) WAS NOMINATED FOR SERVICE PERSON OF THE YEAR, AN AWARD THAT RECOGNIZED A PROMINENT INDIVIDUAL IN THE SWIMMING COMMUNITY WHO MADE A DIFFERENCE IN THE ADVANCEMENT AND SUCCESS OF UTAH SWIMMING. OCTOBER/NOVEMBER RACE SWAMI'S ANNUAL DA DE LOS MUERTOS SWIM MEET, SPONSORED BY THE RON MCBRIDE FOUNDATION, WILL BE HELD AT THE NORTHWEST REC POOL IN ROSE PARK ON NOVEMBER 1ST AND 2ND. THE MEET IS RENOWNED AS ONE OF UTAH'S MOST NOTABLE AND FESTIVE EVENTS IN UTAH SWIMMING, FEATURING CULTURAL ATTRACTIONS,MEXICAN FOOD TRUCKS, AND LATIN MUSIC. DECEMBER RACE SWAMI COMPETED IN THE UTAH SENIOR STATE CHAMPIONSHIPS WITH SEVERAL 15 AND 16 YEAR OLD ATHLETES ATTENDING THE ANNUAL MEET HELD AT THE UTAH TECH AQUATIC CENTER IN ST. GEORGE.
    Expenses $149,138 · revenue $23,308

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-4648408
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$114,357
Income (IRS master file)
$254,466

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$254,466$176,578$114,357XML
990December 2023$178,399$187,599$38,542XML
990December 2022$185,377$222,725$49,037IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2012
Officer: Matt Finnigan
December 31, 2012≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4648408).

Questions about RACE SWAMI

What is the EIN of RACE SWAMI?
The employer identification number (EIN) of RACE SWAMI is 27-4648408.
Is RACE SWAMI tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to RACE SWAMI tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RACE SWAMI file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RACE SWAMI due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RACE SWAMI last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RACE SWAMI?
The 990 for the year ended December 31, 2024 names MATT FINNIGAN.
Who are the officers and directors of RACE SWAMI?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $43,333 (MATT FINNIGAN, EXECUTIVE DI).
How much revenue does RACE SWAMI have?
On its 990 for the year ended December 31, 2024 it reported revenue of $254,466, expenses of $176,578 and total assets of $114,357 at year end.

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