2026-02-11T14:33:25Z 2024-09-30 990EZ 2023-10-01 510096228 Graylyn Crest Swim Club GRAY 6104208000 1145 Darczuk Dr Garnet Valley PA 19060 Anthony Ryan Treasurer 6104208000 2026-02-11 2023 2025-03-06 01:10:19Z X X www.graylyngators.com X X 173906 X 0 15528 105113 4936 4936 29152 14096 15056 19177 159810 71249 13434 79805 164488 -4678 372649 367971 X 17165 6058 467277 467277 484442 473335 111793 105364 372649 367971 Operated a Swim Club for members Provided a facility and coaching for youth swim team fo rthe ages of 6 through 18. Hosted championship swim meet for area swim clubs. Describe the organizations program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title. Successfully led a full swim season teaching young members good sportsmanship and exercise. Provided an environment for Competitive Swim Meets and End of Year championship meet 0 Anthony Ryan Treasurer 10.00 0 0 0 false false false false false false false 0 0 false false DE Anthony Ryan 1145 Darczuk Dr Garnet Valley PA 19060 6104208000 false false false false false false false false false false false false NONE 0 NONE 0 false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I, Line 8 AMMENDED UPDATE EXPLANATION The Primary purpose for this return is a result of a voluntary review of annual filings- we found primarily our Salary expenses incorrectly captured Employer Taxes and System fees that are not part of Gross Salaries reported via 941/W2/W3 and needed to properly tie these expenses. We are adjusting how we capture other revenue and expenses based to more accurately capture their true purpose - This change has no impact on total expenses, net assets, or overall compensation. "Part VIII, Line 2 and Line 11: Swim team registration fees AND NBSL Meet fees all part of our non profit goals, which were previously reported in 'Other revenue' (Line 8) in prior years, have been reclassified to 'Program service revenue' (Line 2) for the 2024 tax year. This change is being made to more accurately reflect the nature of the fees, which are payments for direct program services provided to participants, rather than miscellaneous income. This is a voluntary, corrective reclassification to improve reporting accuracy. This change has no impact on total expenses, net assets, or overall compensation. $15,528 Total moved from Line 8 other revenue. (NBSL and Swim Team Membership Income) Line 7a: Inventory Income from Swim Meets in Other Revenue moved here to accurately reflect true expense classification. $12,488 Line 7b: Inventory Costs from Swim Meets moved in from Other expenses Line 16. $4637 to more accurately reflect cost of goods sold Line 8: Decrease of $28,016 due to shifts to Line 2 and 7a ORIGINAL RETURN Sch o - Guest Passes $ 3,627.00 - NBSL $ 22,488.00 - Swim Lessons $ 1,563.00 - Swim Team - - Swim Meet Snack Shack $ 4,528.00 - - Swim Team Fundraising $ 1.00 - - Swim Team Membership $ 5,528.00 1 - Social Income - Guest Parties $ 395.00 - Social Events $ 2,730.00 Part I, Line 16 Ammended Updates Line 7b: Inventory Costs from Swim Meets moved in from Other expenses Line 16. $4637 to more accurately reflect cost of goods sold Line 16 Other expenses : Decreased by $12,769 which is NBSL/Swim Meet COGS 4637 moved to 7b, removed 1959 in Trash removal after reconciliation, and added in $8,133 Payroll Employer Taxes and System Fees incorrectly filed in Line 12 (Salaries) which need to match W2/W3/941 filings. Line 12 Primary Amended Return Explanation: In the original 2024 Form 990, payroll processing fees and employer payroll taxes were inadvertently included in Line 12 Salaries, other comp. and EE benefits. Those expenses were moved to Line 16 Other Expenses. This amendment corrects this clerical classification to accurately reflect the functional expense categories and to align with the companys W-3 and 941 filings. This change has no impact net assets, or overall compensation. $8,133 moved to Other Expenses line 16 These changes reflect updated accuracy after reconciliation. EOY Cash was not impacted. ORIGINAL RETURN - Artisans Capital Loan $ 11,951.00 - Bank Fees $ 556.00 - DE School Tax $ 5,150.00 - Insurance - - Board Liability $ 1,058.00 - - Liability $ 15,225.00 - - Workers Comp $ 2,240.00 - IRS Tax Return 990 $ - - Treasurer Software $ 102.00 1 - GCSC Operations - Bond Redemptions $ - - Lawn Cut Fees $ 2,700.00 - Maintenance Contract $ - - Misc Maintenance $ 359.00 - Misc Supplies $ 2,298.00 - Other Grounds Maintenance $ 2,125.00 - Paper Supplies $ 208.00 - Pest Control $ 200.00 - Pool Chemicals $ 6,513.00 - Pool Opening costs $ 1,607.00 - SnackBar Costs $ 9,459.00 - Technology Expences $ 1,915.00 - Trash Removal / Dumpsters $ 3,490.00 - Uncategorized Operations $ 111.00 - USPS $ 237.00 1 - Social / Fundraiser / Marketing COSTS - Advertising $ 247.00 - Funraiser Cost $ 155.00 - Gator Gear Purchases $ - - Social Event Costs $ 167.00 1 - SwimTeam Expenses - Awards $ 961.00 - Food Costs $ - - Gifts $ 1,285.00 - Meet Fees $ - - Meet Snack Shack $ 447.00 - NBSL Champs Expenses $ 5,687.00 - Other $ 710.00 - Software $ 284.00 - Team Parties $ 821.00 Part II, Line 26 Capital Loan for total liability Only open 4 mo a year and dwindling volunteers. Resulted in an oversight