Public Charity

NEWJETS INC

NEWJETS INC, of EDEN PRAIRIE, MN, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.3M in revenue, $1.4M in expenses, $6.7M in total assets. 4 publicly reported grants to this organization, totaling roughly $29K, appear in IRS filings.

EIN: 205956938 EDEN PRAIRIE, MN Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.4M
Total Assets$6.7M
Grant Records4
Funding Total$29K
Filing Years2019–2024

Mission

AQUAJETS SWIM TEAM IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN THE PROMOTION OF NATIONAL AMATEUR SPORTS, MORE SPECIFICALLY TO PROVIDE A NATIONALLY-COMPETITIVE, AMATEUR YOUTH SWIM TEAM FOR THE ATHLETIC ADVANCEMENT AND ENJOYMENT OF ITS MEMBERS.

Officers & Directors

CO-PRESIDENT Brian Wimberger
TREASURER Dan Egeland
DIRECTOR John March
EXECUTIVE DIRECTOR/CHAIRPE Kate Lundsten
CO-PRESIDENT Megan Carr

Officer compensation and complete director data available with membership.

Top Grant Purposes

Club Excellence
$18,400 2 grants
CLUB EXCELLENCE GRANT
$9,761 1 grant
GROWTH
$600 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.4M $6.7M
2023 $1.2M $1.3M $6.9M
2022 $1.1M $1.2M $7.2M
2020 $915K $902K $1.1M
2019 $1.1M $1.1M $1.1M

Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.3M (+25%), with total assets most recently reported at $6.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NEWJETS INC

Complete financials, all 4 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time