Youth and community nonprofits / Texas / Flower Mound

Swimming and water sports

Wellington Sharks Swim Team Inc

A tax-exempt nonprofit in Flower Mound, Texas, classified by the IRS as swimming and water sports. For the year ending Feb 2022 it reported $40,131 in revenue and $35,708 in expenses.

Data as of November 8, 2026Markdown copyJSON data

What it says it does

“Our mission is to provide an awesome and memorable summer swim team experience for Wellington of Flower Mound residents. We teach kids to become better competitive swimmers, develop young adults into mature coaches and team leaders and build a spirit of community and volunteerism with Wellington parents and families.”From the organization's Form 990-EZ for the year ending Feb 2022, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Swimming and water sports (IRS activity code N67)

Mailing city (IRS): Flower Mound, Texas 75022

EIN: 75-2881742

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2011, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $40,131 (year ending Feb 2022)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Wellington Sharks Swim Team Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 1 filed year. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Revenue and expenses by yearFeb 2022: revenue $40,131, expenses $35,708 Total revenueTotal expenses $40.1K$35.7KFeb '22
Year endingFeb 2022
Total revenue$40,131
Total expenses$35,708
Total assets$19,104
Net assets$19,104
IRS formForm 990-EZ

Where the money goes, year ending Feb 2022

Program spending sharePrograms 100%, Everything else 0%

Small groups file the shorter Form 990-EZ, which reports program spending but not the management and fundraising split.

Only one return is loaded, so we show no growth label.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Texas nonprofit.

How it compares

9 of 22 amateur sports nonprofits in Flower Mound when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $40,131 is higher than roughly 10 to 20% of the 1,107 amateur sports nonprofits in Texas that report revenue to the IRS (the city count above also includes groups with none). The median is $136,579.

Revenue compared with similar groupsRevenue of $40,131 compared with amateur sports nonprofits in Texas: the middle 80% earn between $27,823 and $854,278, the median is $136,579. 10th pct$27.8Kmedian$137K90th pct$854K This group $40.1K

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Texas groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Flower Mound and its county

Denton County, Texas: the Census Bureau estimates about 235,469 children under 18 (July 1, 2024). This directory lists 413 youth and community nonprofits with a mailing ZIP code in the county, about 1.8 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

Licensed programs in Flower Mound

27 licensed child care centers, 4 school-age programs are in state licensing records and listed in the BackPR finder. The examples below are not related to this organization.

licensed child care center

Cadence Academy, Flower Mound

Flower Mound, TX

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licensed child care center

Castle Creek Christian Academy

Flower Mound, TX

State record

licensed child care center

Castle Montessori of Flower Mound

Flower Mound, TX

State record

licensed child care center

Childrens Courtyard

Flower Mound, TX

State record

licensed child care center

Early Care and Education

Flower Mound, TX

State record

licensed child care center

Early Care and Education

Flower Mound, TX

State record

Texas background check rules for youth programs · How BackPR works for amateur sports nonprofits

Questions about Wellington Sharks Swim Team Inc

What is Wellington Sharks Swim Team Inc's EIN?

Wellington Sharks Swim Team Inc's EIN (Employer Identification Number) is 75-2881742. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Wellington Sharks Swim Team Inc a nonprofit?

Yes. The IRS lists Wellington Sharks Swim Team Inc in Flower Mound, Texas as tax-exempt under section 501(c)(3), recognized since 2011. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Wellington Sharks Swim Team Inc tax-deductible?

Yes, the IRS lists gifts to Wellington Sharks Swim Team Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Wellington Sharks Swim Team Inc do?

In its own words on its Form 990 for the year ending Feb 2022: "Our mission is to provide an awesome and memorable summer swim team experience for Wellington of Flower Mound residents. We teach kids to become better competitive swimmers, develop young adults into mature coaches and team leaders and build a spirit of community and volunteerism with Wellington parents and families." The IRS classifies it as: Swimming and water sports.

How much money does Wellington Sharks Swim Team Inc take in?

For the year ending Feb 2022, Wellington Sharks Swim Team Inc reported total revenue of $40,131 and total expenses of $35,708 on its Form 990-EZ (IRS Form 990 e-file data).

Do you run this organization?

You can add your programs, season dates, ages, prices, registration link and logo to this page, or ask us to remove it. BackPR's free plan for 501(c)(3)s handles online registration, payments, waivers and attendance. No subscription and no BackPR fee on what families pay (card processing fees from Stripe still apply).

Add details to this page · Remove this page · About the free plan

Free forms for amateur sports nonprofits

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All youth and community nonprofits in Flower Mound

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

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