2025-02-11T08:43:38-06:00 2023-08-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ROSEVILLE MN 551131117 990 2022-09-01 411340180 EDEN PRAIRIE FOXJET SWIM TEAM EDEN 6122514495 17971 EVENSTON ROAD EDEN PRAIRIE MN 55346 NAYA DUBANAEVA TREASURER 6122514495 2025-02-10 1 1 RYAN VETTRUS CPA P01243596 6514834521 2022 2025-03-06 01:10:19Z X MICAH ROBERTS 17971 EVENSTON ROAD EDEN PRAIRIE MN 55346 958286 0 X WWW.TEAMFOXJET.COM X 1979 MN TO PROVIDE A FUN, PROGRESSIVE, FAMILY-BASED TEAM SWIMMING EXPERIENCE FOR ALL SWIMMERS, NOVICE TO NATIONAL. TEAM FOXJET PROMOTES THE SPORT OF COMPETITIVE SWIMMING'S CORE VALUES OF HEALTH LIFESTYLE, SELF-DISCIPLINE AND GOAL SETTING. 8 7 33 210 0 0 78224 4435 863884 951562 0 2289 0 0 942108 958286 0 0 0 0 344591 420603 0 0 0 521809 609355 866400 1029958 75708 -71672 378497 292259 65235 84313 313262 207946 TO PROVIDE A FUN, PROGRESSIVE, FAMILY-BASED TEAM SWIMMING EXPERIENCE FOR ALL SWIMMERS, NOVICE TO NATIONAL. TEAM FOXJET PROMOTES THE SPORT OF COMPETITIVE SWIMMING'S CORE VALUES OF HEALTH LIFESTYLE, SELF-DISCIPLINE AND GOAL SETTING. 0 0 678365 609560 COMPETITIVE SWIM TEAM - THE ORGANIZATION SPONSORS A COMPETITIVE SWIM TEAM. DURING THE YEAR, THERE WERE 317 SWIMMERS RANGING FROM 6 TO 20. THE TEAM PARTICIPATED IN 41 MEETS AND HOSTED 10 MEETS. 227123 342002 SWIM MEETS - THE ORGANIZATION COORDINATED 41 COMPETITIVE SWIM MEETS DURING THE YEAR. THERE WERE 242 PARTICIPANTS IN ALL SWIM MEETS. 905488 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 0 1 1 0 MN X NAYA DUBANAEVA 6122514495 17971 EVENSTON ROAD EDEN PRAIRIE MN 55346 LLOYD LARSEN HEAD COACH 40.00 X X 110000 0 0 MICAH ROBERTS PRESIDENT 1.00 X X 0 0 0 KAREN JORDAN VICE PRESIDENT 1.00 X X 0 0 0 KATE REISER SECRETARY 1.00 X X 0 0 0 NAYA DUBANAEVA TREASURER 1.00 X X 0 0 0 KELLY AUERBACH MEMBER AT LARGE 1.00 X 0 0 0 PAT AABERG VOLUNTEER COORDINATOR 1.00 X 0 0 0 ANNE STOUT OFFICIALS 1.00 X 0 0 0 JOHN SULCINER MEMBER AT LARGE 1.00 X 0 0 0 JESSICA MCBETH FUNDAISING 1.00 X 0 0 0 110000 0 0 1 0 0 0 0 4435 4435 PROGRAM FEES 900099 609560 609560 HOSTED MEETS 900099 342002 342002 951562 2289 2289 958286 951562 0 2289 105613 66008 39605 295080 292626 2454 19910 19213 697 102 102 20000 20000 13530 13530 25694 23125 2569 9332 9332 192464 174489 17975 140162 140162 1224 1224 6191 6191 SWIM MEET EXPENSES 159642 159642 BANK & MERCHANT FEES 27538 27538 BANQUET & PARTIES EXPEN 13476 13476 1029958 905488 124470 0 333689 281763 32578 12230 1734 12230 10496 378497 292259 1495 61859 22454 63740 0 65235 84313 X 313262 207946 313262 207946 378497 292259 -71672 -33644 0 X 0 1 X 0 0 X 9300 7226 57664 78224 4435 156849 887297 657317 473264 863884 951562 3833324 896597 664543 530928 942108 955997 3990173 5000 5000 0 5000 5000 3985173 2289 2289 2289 2289 175 175 896597 664543 531103 942108 958286 3992637 0.99810 0.99870 0.00060 X 12230 1734 10496 10496 X 958286 0 958286 0 958286 1029958 0 1029958 0 1029958 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE BUT IS SUBJECT TO INCOME TAX ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED ON AUGUST 31, 2023, AND 2022. THE ORGANIZATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE ORGANIZATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE OPEN TO EXAMINATION FOR TAX YEARS 2021 THROUGH 2023. FORM 990, PART VI, SECTION A, LINE 6 ALL DUES PAYING FAMILIES ARE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS MAY PARTICIPATE IN BOARD ELECTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD AT THE FIRST MEETING AFTER IT IS PREPARED, AND THE BOARD MUST VOTE TO APPROVE IT FOR FILING. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE MEMBERS DECIDE RETENTION AND COMPENSATION. DECISIONS ARE MADE BASED ON THE LOCAL ECONOMY, INDUSTRY TRENDS, ASCA RATING SYSTEM, AND COMPARABLE POSITION MARKET PAY. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REASONABLE REQUEST. AMENDED RETURN THE ORIGINALLY FILED RETURN WAS BASED ON UNAUDITED FINANCIAL STATEMENTS. THE AUDITED FINANCIAL STATEMENTS WERE COMPLETED AND THE AMENDED RETURN HAS BEEN UPDATED FOR THE FOLLOWING CHANGES. 990 PAGE 9, PART VIII, STATEMENT OF REVENUE: UPDATED PROGRAM REVENUE 990 PAGE 10, PART IX, STATEMENT OF FUNCTIONAL EXPENSES: CHANGES WERE MADE TO THE FUNCTIONAL ALLOCATION SCHEDULE A WAS AMENDED ON PAGE 3 TO REFLECT THE CORRECT INCOME FROM THE AUDITED FINANCIAL STATEMENTS. SCHEDULE D WAS AMENDED ON PAGE 4 TO REFLECT THE CORRECT INCOME AND EXPENSES FROM THE AUDITED FINANCIAL STATEMENTS.