Overview
What is Heart Of Texas Aquatics Team?
Heart of Texas Aquatics Team is a nonprofit organization that generates funds by various means, including fundraising, and utilizes these resources for various expenses. They invest significantly in insurance, payroll taxes, professional fees, registration and meet fees, travel expenses, uniforms, and USA fees. The team's activities also include miscellaneous expenses. Although not explicitly mentioned in the information, it can be implied that the Heart of Texas Aquatics Team is involved in aquatic-related activities, as indicated by their name.
Official website here: www.heatswim.org
Is Heart Of Texas Aquatics Team legitimate?
Heart Of Texas Aquatics Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heart Of Texas Aquatics Team submitted a form 990EZ, 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.
Official website here: www.heatswim.org
What is the mission statement of Heart Of Texas Aquatics Team?
The Heart of Texas Aquatics Team does not have a publicly stated mission statement, as the provided information primarily details their financial activities. However, based on their actions, it can be inferred that their mission might involve promoting and supporting aquatics activities, as they engage in fundraising, insurance payments, payroll taxes, professional fees, registration and meet fees, travel expenses, and uniform costs, all related to swimming activities.
Official website here: www.heatswim.org
Who is the CEO of Heart Of Texas Aquatics Team?
Robin Sanders is the President of Heart Of Texas Aquatics Team.
Official website here: www.heatswim.org
What is the revenue of Heart Of Texas Aquatics Team?
Heart Of Texas Aquatics Team's revenue in 2020 was $111,493.
Official website here: www.heatswim.org
Who are the executives of Heart Of Texas Aquatics Team and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heatswim.org
Where can I find the form 990EZ for Heart Of Texas Aquatics Team?
Heart Of Texas Aquatics Team's most recent form 990EZ was submitted in 2020 and can be accessed here.
Official website here: www.heatswim.org
Learn more at the official website: www.heatswim.org
Mission Statement of Heart Of Texas Aquatics Team
Heart of Texas Aquatics Team, as per the provided information, does not have an explicitly stated mission or activity description. However, based on their financial transactions, it can be inferred that the team is actively involved in swimming-related activities. They raised funds through various means, invested in insurance, paid taxes, and covered registration, meet, travel, uniform, and USA fees. These expenses suggest that Heart of Texas Aquatics Team likely focuses on providing opportunities for swimming competitions and training, thereby fostering a community of swimmers. Additionally, the team incurred miscellaneous expenses, further indicating their commitment to offering a comprehensive swimming experience. Although a detailed mission statement is not available, the team's financial activities suggest a dedication to promoting swimming activities and supporting its members.
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Impact
October, 2024
Heart of Texas Aquatics Team significantly impacts the local community by promoting youth engagement in swimming and competing at various levels. Through their efforts, they raised funds totaling $571, which helps support the operational costs necessary for fostering talented swimmers.
Their financial commitments reflect a serious investment in the athletes’ development, with expenditures including $10,358 on registration and meet fees, $6,235 on travel expenses to competitions, and $2,097 on uniforms, ensuring that the participants are well-equipped and ready to compete.
Additionally, the team prioritizes crucial operational costs such as $5,473 for insurance to provide a safe environment, $3,320 in payroll taxes to support staff, and $4,760 for professional fees, showcasing their commitment to quality coaching and management. With well-structured funding and resource allocation, Heart of Texas Aquatics Team not only enhances the skills and competitive spirit of its members but also fosters a sense of community and sportsmanship among young swimmers in Waco, Texas. Their engagement in the sport promotes healthy lifestyles and builds lasting friendships, contributing to the overall well-being of participants.
This information is meant to be a general summary of Heart Of Texas Aquatics Team. 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 2020.
- Investment Income: $40
- Gross Receipts: $111,493
Assets and Liabilities:
- Total Assets: $35,214
- Total Liabilities: $314
- Net Assets: $34,900
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Organization Details
Principal Officer
Robin Sanders
Main Address
P O BOX 20762, WACO, TX, 76710
Website
www.heatswim.orgNTEE Category
Code: N67 - Recreation
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