Overview
What is World Aquatic Coalition Inc?
World Aquatic Coalition Inc, as per the provided information, is a nonprofit organization with a mission to promote awareness, education, and collaboration in the realm of aquatic exercise programs. Their goal is to foster a collective effort towards promoting healthier lifestyles through aquatic fitness, with a global outreach. The organization's activities primarily involve education, aiming to benefit both professionals and the general public. By doing so, World Aquatic Coalition Inc seeks to contribute to a healthier community, leveraging the power of aquatic fitness.
Official website here: www.aeawave.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
World Aquatic Coalition Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are areas needing improvement. The organization scores 70% overall, reflecting its commitment to transparency and governance as evidenced by an independent board and established policies. However, the lack of financial statements significantly impacts its financial accountability score.
The coalition showcases strong program expense allocation, with 91.38% of its budget directed toward programs, which highlights its dedication to its mission. Additionally, the organization has effective governance practices, such as conflict of interest and whistleblower policies in place, which contribute positively to its evaluation. However, the high liabilities to assets ratio of 141.33% raises concerns about its financial stability.
Despite these strengths in governance and program spending, the absence of financial statements limits the ability of stakeholders to fully assess the organization’s financial health. This lack of transparency may hinder potential donors' and partners' confidence in the coalition's operations. Moving forward, addressing these financial reporting deficiencies will be crucial for improving the organization's overall rating and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is World Aquatic Coalition Inc legitimate?
World Aquatic Coalition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Aquatic Coalition 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: $378,137
For more financial information, click here
Official website here: www.aeawave.org
What is the mission statement of World Aquatic Coalition Inc?
The World Aquatic Coalition Inc, through its arm the AEA, is dedicated to promoting awareness, education, and networking opportunities related to aquatic exercise programs. Their mission is to foster a collaborative effort globally, aiming to help both professionals and the general public embrace aquatic fitness as a means to promote healthy lifestyles. By increasing understanding and providing networking opportunities, the World Aquatic Coalition Inc aims to benefit a wide range of individuals, contributing to improved health and well-being.
Official website here: www.aeawave.org
What is the revenue of World Aquatic Coalition Inc?
World Aquatic Coalition Inc's revenue in 2023 was $1,133,204.
Official website here: www.aeawave.org
Who are the executives of World Aquatic Coalition Inc and what are their salaries?
The average compensation at World Aquatic Coalition Inc during 2023 was $47,267. There are 8 employees at World Aquatic Coalition Inc.
Here are 4 key members and their salaries:
- Compensation: $79,685
- Related: $0
- Other: $0
- Compensation: $54,813
- Related: $0
- Other: $0
- Compensation: $49,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aeawave.org
Where can I find the form 990 for World Aquatic Coalition Inc?
World Aquatic Coalition Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aeawave.org
Learn more at the official website: www.aeawave.org
Mission Statement of World Aquatic Coalition Inc
World Aquatic Coalition Inc, with its acronym AEA, is dedicated to promoting education and awareness about aquatic exercise programs. The organization's mission is to foster a collaborative environment, benefiting both professionals and the general public alike. By working together, World Aquatic Coalition Inc aims to promote the adoption of aquatic fitness as a means to achieve and maintain healthy lifestyles on a global scale. The coalition's efforts are centered around increasing knowledge and networking opportunities, demonstrating a commitment to supporting its cause on a global scale.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
World Aquatic Coalition Inc's impact lies in its dedication to promoting education regarding aquatic exercise programs. Through its commitment to increasing awareness, education, and networking opportunities, the organization, located in Brunswick, GA, plays a vital role in benefiting professionals and the general public. By fostering a global support system, World Aquatic Coalition Inc contributes to the mission of achieving healthy lifestyles through aquatic fitness as a collaborative effort. This impact is crucial in promoting human services and improving the well-being of individuals worldwide.
This information is meant to be a general summary of World Aquatic Coalition 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 2023.
- Program Service Revenue: $1,133,204
- Gross Receipts: $1,133,204
Assets and Liabilities:
- Total Assets: $114,523
- Total Liabilities: $77,125
- Net Assets: $37,398
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CERTIFICATION INCOME
Revenue
$543,112
EDUCATION & TRAINING
Revenue
$210,084
PROGRAM MATERIAL & SUPPLIES
Revenue
$178,876
MEMBERSHIP DUES
Revenue
$127,841
EXAMINATION FEES
Revenue
$63,563
Organization Details
Founding Year
2004
Principal Officer
Angie Proctor
Website
www.aeawave.orgNTEE Category
Code: P99 - Human services
If you are a representative of World Aquatic Coalition Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.