Overview
What is Wayland Community Pool Inc?
Wayland Community Pool Inc is a nonprofit organization situated in Wayland, Massachusetts, with a mission to establish a self-sustaining, year-round aquatic and community center. Their aim is to cater to the diverse physical development needs of residents, covering various age groups and skill levels. The center integrates recreational, social, therapeutic, and competitive activities, ensuring a comprehensive approach to overall well-being. While specific activity schedules are not provided in the information, it is clear that the organization is dedicated to promoting physical development through a range of programs tailored to different segments of the community.
Official website here: www.waylandcommunitypool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Wayland Community Pool Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas requiring attention, particularly in accountability and financial transparency. The organization's overall score of 64% suggests a need for improvement in financial reporting and governance practices, despite a high program expense ratio of 96.31%, which indicates that a substantial portion of its funds is directed towards programming rather than administrative costs.
The organization benefits from having a fully independent board, which is a positive aspect of its governance structure. However, it scored poorly in areas such as independent board size and financial statement transparency, highlighting potential weaknesses in oversight and communication. The absence of documented policies on conflicts of interest, whistleblowing, and document retention raises concerns regarding the organization’s commitment to ethical practices and accountability.
While the pool operates with a favorable liabilities to assets ratio of 46.05%, indicating a reasonable level of financial health, the shortcomings in transparency and policy documentation could hinder its reputation and effectiveness in the community. Addressing these issues may enhance trust and support from stakeholders and improve the organization's overall standing.
This AI summary has been generated from information found on Charity Navigator.
Is Wayland Community Pool Inc legitimate?
Wayland Community Pool Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wayland Community Pool Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $262,973
For more financial information, click here
Official website here: www.waylandcommunitypool.org
What is the mission statement of Wayland Community Pool Inc?
Wayland Community Pool Inc's mission is centered around providing a self-sustaining, all-year-round facility that caters to both recreational and competitive physical development needs. This community center integrates various programs, including social, therapeutic, and competitive activities, aimed at individuals of all ages and abilities. The organization's goal is to contribute positively to the physical development and well-being of its community members, extending beyond the borders of Wayland Massachusetts.
Official website here: www.waylandcommunitypool.org
Who is the CEO of Wayland Community Pool Inc?
Benjamin Downs is the President & Treasurer of Wayland Community Pool Inc.
Official website here: www.waylandcommunitypool.org
What is the revenue of Wayland Community Pool Inc?
Wayland Community Pool Inc's revenue in 2022 was $779,389.
Official website here: www.waylandcommunitypool.org
Who are the executives of Wayland Community Pool Inc and what are their salaries?
The average compensation at Wayland Community Pool Inc during 2022 was $3,329. There are 79 employees at Wayland Community Pool Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.waylandcommunitypool.org
Where can I find the form 990 for Wayland Community Pool Inc?
Wayland Community Pool Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.waylandcommunitypool.org
Learn more at the official website: www.waylandcommunitypool.org
Mission Statement of Wayland Community Pool Inc
Wayland Community Pool Inc is dedicated to achieving a self-sustaining, all-encompassing aquatic and community center. This organization strives to integrate various aspects of physical development, catering to individuals of all ages and abilities from Wayland Massachusetts and its surrounding communities. Its mission encompasses recreational activities, social engagements, therapeutic programs, and competitive sports, ensuring an inclusive environment for all. The center aims to foster the overall well-being of its community members by offering programming that promotes physical growth, social interaction, and therapeutic relief.
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Impact
August, 2024
Wayland Community Pool Inc's impact lies in providing a self-sustaining, year-round aquatic and community center that integrates recreational, social, therapeutic, and competitive physical development programming for all ages and levels for the residents of Wayland, Massachusetts, and surrounding communities. This organization plays a vital role in promoting physical well-being, social interaction, and overall community engagement through its diverse range of programs and services.
This information is meant to be a general summary of Wayland Community Pool Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $594,782
- Gross Receipts: $779,389
Assets and Liabilities:
- Total Assets: $1,556,161
- Total Liabilities: $716,757
- Net Assets: $839,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$383,279
POOL RENTAL
Revenue
$144,804
JUNIOR WARRIORS
Revenue
$46,981
SWIM LESSON
Revenue
$11,365
POOL PASS
Revenue
$5,558
Organization Details
Founding Year
2004
Phone
(508) 397-7730Principal Officer
Benjamin Downs
Main Address
195 CONCORD RD, WAYLAND, MA, 01778
Website
www.waylandcommunitypool.orgNTEE Category
Code: N67 - Recreation
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