2025-05-15T10:58:08-05:00 2024-06-30 580692043 Mauldin & Jenkins LLC 200 Galleria Pkwy SE Ste 1700 Atlanta GA 303395946 990 2023-07-01 581076889 Dynamo Parents' Club Inc DYNA 7704577946 3119 Shallowford Road Atlanta GA 30341 Michael Cotter CEO 7704577946 2025-05-15 1 0 X Melissa Seward P02145103 7709558600 2025-05-15 2023 2025-03-06 01:10:19Z Michael Cotter 3119 Shallowford Road Atlanta GA 30341 5545458 0 X www.dynamoswimclub.com X 1964 GA to develop world class citizens through excellence in swimming. 10 10 292 680 0 0 3034658 2503433 2247852 3007949 5587 3879 62406 -59357 5350503 5455904 0 0 0 0 2828880 3091289 0 0 53928 2591923 2595471 5420803 5686760 -70300 -230856 5477491 5315874 3578720 3647959 1898771 1667915 To pursue excellence in competitive swimming and to be the model 18 and under club in competition and philanthropy throughout the USA, and therefore the world. 0 0 5322116 3007949 The successful execution of this mission allows Dynamo to achieve its two pronged vision: 1 To provide water safety instruction and swim lessons to children throughout the metro Atlanta area, to not only reduce the incidence of drowning, but to also foster an enjoyment of swimming. 2 To provide pool space and instruction for community organizations with aquatic needs or with members who need a closed environment for instruction. 5322116 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 25 0 1 292 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 GA X Michael Cotter 7704577946 3119 Shallowford Road Atlanta GA 30341 Jennifer Entrekein President 1.00 X X 0 0 0 Staci Richards Vice President 1.00 X X 0 0 0 Martin Chen Treasurer 1.00 X X 0 0 0 Sakina Jones Secretary 1.00 X X 0 0 0 Greg Hudock Director 1.00 X 0 0 0 Kathy Stephens Director 1.00 X 0 0 0 Kip Combs Director 1.00 X 0 0 0 Lui King Director 1.00 X 0 0 0 Amy Attenberry Director 1.00 X 0 0 0 Gunnar Bentz Director 1.00 X 0 0 0 Michael Cotter CEO 40.00 X 218935 31665 13110 Ian Murray Head Coach 40.00 X 161194 0 5698 380129 31665 18808 2 0 1 0 0 2341276 119459 42698 2503433 Instructional Programs 611600 2083775 2083775 Swim Meets 711210 742331 742331 Lane/Participant Fees 711210 93447 93447 Recreational Swim Fees 713940 88396 88396 3007949 3879 3879 29865 119459 89554 -59689 -59689 Other Income 900099 332 332 332 5455904 3007949 0 -55478 232044 220449 11595 146682 139352 7330 2424122 2303002 72453 48667 24344 23127 670 547 54429 51707 1666 1056 209668 199184 6826 3658 55917 55917 166210 144758 21452 28196 28196 183735 65178 118557 244126 244126 224018 224018 409757 409757 189789 189789 296901 296901 126831 120489 6342 Utilities 325625 325625 Repair and Maintenance 216111 216111 Supplies 120347 120347 Bad Debt Expense 7908 7908 5686760 5322116 310716 53928 128860 181867 448211 263301 97225 26705 60157 60477 10050878 6010126 3895756 4040752 411474 411474 7492 428316 331298 5477491 5315874 150618 79586 3243389 3030713 184713 537660 3578720 3647959 X 1898771 1667915 1898771 1667915 5477491 5315874 -230856 0 X X 1 X 0 1 0 X 2983947 2885055 3387250 3034658 2503433 14794343 2005363 1132137 1584697 2247852 3007949 9977998 175320 161579 184191 55461 576551 5164630 4178771 5156138 5337971 5511382 25348892 0 0 0 25348892 109 39 25 5587 3879 9639 109 39 25 5587 3879 9639 142 708 6945 332 8127 5164739 4178952 5156871 5350503 5515593 25366658 0.99930 0.99950 0.00040 0.00050 X Schedule A, Part III, Line 12, Explanation of Other Income: Other Income - 2020 Amount: $ 142. 2021 Amount: $ 708. 2022 Amount: $ 6,945. 2023 Amount: $ 332. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8914584 5186763 3727821 144217 48918 95299 984677 769645 215032 7400 4800 2600 4040752 Investment in affiliate 411474 C 411474 Deposits 5615 ROU 325683 331298 Due to affiliate 201420 Lease liability 332306 Other liabilities 3934 537660 X Part X, Line 2: The Club qualifies as a tax-exempt organization as described in Internal Revenue Code Section 501c3. Income from certain activities not directly related to the Club's tax-exempt purpose is subject to taxation as unrelated business income. The Club had no activities subject to unrelated business income, and accordingly, has no unrelated business income tax. The organization has no uncertain tax positions under FIN 48 (ASC 740). Swim-A-Thons 149324 119459 29865 735 487 375 87957 149324 119459 29865 735 487 375 87957 89554 -59689 X 0 0 0 0 0 0 0 0 0 Michael Cotter CEO 174717 31665 44218 0 0 0 7019 0 6091 0 232045 31665 0 0 Ian Murray Head Coach 142441 0 18753 0 0 0 5698 0 0 0 166892 0 0 0 Laura Michelle Cotter Wife of CEO 146682 Wages 0 Form 990, Part VI, Section A, line 6 The benefits and services of the Club shall be made available to any boy or girl who desires to participate in programs sponsored by the Club and who is physically able to do so. There are 4 classes of membership: Member, Honorary Member, Guest Member, and Director Member. There shall be four (4) classes of membership: (a) Member - A member shall be the parent, legal guardian, or person having custody of any child who is swimming on any swim team sponsored by the CLUB. (b) Honorary Member - An honorary member shall be any adult, not an employee of the CLUB or meeting the requirements of ARTICLE II, SECTION 1(a) upon whom the Board, by a vote of not less than two-thirds (2/3) of the full Board, has bestowed this membership in recognition of services rendered the CLUB. Such honorary membership shall be for life, shall have the full rights and privileges of regular membership for the first year, and thereafter on a year by year basis by majority vote of the Board. (c) Guest Member - A guest member shall be the parent, legal guardian, or person having custody of any child who is swimming on any swim team sponsored by the CLUB, who requests such membership for a stated, limited period not to exceed three (3) months. Guest memberships may be authorized by the Board, with the concurrence of the head coach, at its discretion, at specific periods, for defined groups, and under uniformly administered policies. Guest members shall have all rights and privileges of regular membership except for (1) voting, (2) serving as Directors of the CLUB, or (3) participating in the disbursement at dissolution in accordance with ARTICLE VIII, SECTION 6. (d) Director Member A director member shall be any adult, not an employee of the CLUB, who is elected to the Board as prescribed in ARTICLE V who is not already a Member or Honorary Member of the CLUB as described in SECTIONS (1)(a) and (b) of this ARTICLE. Such membership shall be for the sole term of the directorship and shall have the full rights and privileges of regular membership during the term of the directorship, but shall not extend past the term of said directorship. SECTION 2. LIMITATION - Membership shall not be limited in number except as required by the availability of coaching and facilities and shall be open to anyone who qualifies under ARTICLE II, SECTION 1 (a). SECTION 3. VOTING - Each member family in the CLUB, except for guest members, shall be entitled to one (1) vote in the affairs of the CLUB. Voting shall be in person. SECTION 4. PROXIES - There shall be no proxies. SECTION 5. RIGHTS - (a) A member in good standing shall be entitled to participate in any activity sponsored by the CLUB. (b) The property rights and interests of all members shall be equal on a per family basis. (c) The rights and responsibilities of each member is detailed in the team membership section and in the registration materials located on the CLUB website (www.dynamoswimclub.com). Form 990, Part VI, Section A, line 7a Election of members and their rights on an annual basis, parents elect members of the board from candidates presented by the nominating committee. Members are also entitled to vote on changes to the articles and bylaws of the organization Form 990, Part VI, Section B, line 11b A copy of Form 990 is made available to the Finance Committee prior to filing. Form 990, Part VI, Section B, line 12c Board members must sign policy Code of Ethics annually, before being allowed into Board meetings. Form 990, Part VI, Section B, line 15 The overall payroll figure for the organization, which includes compensation for officers and crucial employees is included in the annual budget review and approval process by the Board of Directors. The CEO, Head Coach and department heads review and determine the salaries for the other crucial employees. Form 990, Part VI, Section C, line 19 Documents are available upon request. Form 990, Part XII, Line 2c The Organization selected a new independent accounting firm for the year ended June 30, 2024. Dynamo Pool Management Inc 3119 Shallowford Road Atlanta GA 30341 680502584 Pool Management GA Dynamo Parents' Club C 3470980 1729804 1.00000 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0