Nonprofit · EIN 57-1135280
CAROLINA AQUATIC TEAM
Also known as DAVID RIGSBEE
Tax-exempt · DURHAM, NC 27707
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $554,563 | $544,299 | $10,264 | $178,074 | $0 | $178,074 |
| July 31, 2024 | 990 | $553,241 | $563,013 | -$9,772 | $167,810 | $0 | $167,810 |
| July 31, 2023 | 990 | $549,096 | $451,545 | $97,551 | $177,582 | $0 | $177,582 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $700
- Program service revenue
- $553,745
- Investment income
- $118
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $64,698
- Other salaries and wages
- $143,683
- Salaries, compensation and benefits (total)
- $230,238
- Professional fundraising fees
- $0
- Occupancy
- $160,245
- Travel
- $17,224
- Program services (functional)
- $544,299
Balance sheet and other
- Total assets, start of year
- $167,810
- Total assets, end of year
- $178,074
- Total liabilities, end of year
- $0
- Net assets, end of year
- $178,074
- Net assets without donor restrictions
- $178,074
- Gross receipts
- $554,563
- Employees
- 12
- Year formed
- 2002
- State of legal domicile
- NC
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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLE DUTTON | VICE PRESIDE Trustee or director, Officer | 40 | $64,698 |
| DARREN GOING | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended July 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH WEAVER | VICE PRESIDE Trustee or director, Officer | 40 | $51,130 |
| MATT SCHONWALDER | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended July 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH WEAVER | VICE PRESIDE Trustee or director, Officer | 40 | $47,583 |
| MATT SCHONWALDER | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3329 CHAPEL HILL BLVD, DURHAM, NC 27707-0030
- Principal officer (990 for 2024)
- DARREN GOING, 3329 DURHAM CHAPEL HILL BLVD, SUITE 200 B, DURHAM, NC 27707
- Signed the 990
- COLE DUTTON, VICE PRESIDENT
- Phone
- (919) 906-4525
- Website
- WWW.CAROLINAAQUATICTEAM.COM
- Return prepared by
- PARRISH & MILLS PA
Mission
FOSTER AMATEUR SWIMMING COMPETITION
Program accomplishments
- OVER 200 SWIMMERS PARTICIPATED DURING THE YEAR BY TRAINING AND COMPETING IN VARIOUS REGIONAL AND NATIONAL MEETS.Expenses $544,299
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 57-1135280
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $178,074
- Income (IRS master file)
- $554,563
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $554,563 | $544,299 | $178,074 | XML |
| 990 | July 2024 | $553,241 | $563,013 | $167,810 | XML |
| 990 | July 2023 | $549,096 | $451,545 | $177,582 | XML |
| 990 | July 2022 | $445,530 | $417,703 | $89,851 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
| 990 | July 2017 | – | – | – | IRS |
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 57-1135280).
Questions about CAROLINA AQUATIC TEAM
- What is the EIN of CAROLINA AQUATIC TEAM?
- The employer identification number (EIN) of CAROLINA AQUATIC TEAM is 57-1135280.
- Is CAROLINA AQUATIC TEAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to CAROLINA AQUATIC TEAM tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA AQUATIC TEAM 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 CAROLINA AQUATIC TEAM due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAROLINA AQUATIC TEAM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of CAROLINA AQUATIC TEAM?
- The 990 for the year ended July 31, 2025 names DARREN GOING.
- Who are the officers and directors of CAROLINA AQUATIC TEAM?
- The 990 for the year ended July 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $64,698 (COLE DUTTON, VICE PRESIDE).
- How much revenue does CAROLINA AQUATIC TEAM have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $554,563, expenses of $544,299 and total assets of $178,074 at year end.
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