Overview
What is Mount Pleasant Swim Club Parents Association?
The Mount Pleasant Swim Club Parents Association, a nonprofit entity based in Mount Pleasant, South Carolina, plays a significant role in facilitating local, regional, national, and international swimming competitions within the Mt. Pleasant and tricounty area. This association, known as the South Carolina Swim Club in operation, organizes the registration process with both USA Swimming and South Carolina Swimming, collects and pays the membership fees and dues. The primary aim of this organization is to support and develop amateur swimmers, fostering their growth and participation in swimming competitions. With a team of 17 dedicated individuals, the Mount Pleasant Swim Club Parents Association contributes to the swimming community, ensuring each competitor is duly registered for competitions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Stars
The Mount Pleasant Swim Club Parents Association has received a Two-Star rating from Charity Navigator, which reflects its moderate performance in accountability and finance. The organization demonstrates strong governance with full points for having a majority of independent board members and maintaining detailed documentation of board meeting minutes.
Strengths include a high program expense ratio of 93.83%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the low liabilities to assets ratio of 7.75% suggests sound financial health and prudent management of resources.
Despite these strengths, the overall score of 67% signifies that there may be areas for improvement in transparency or operational efficiency. Stakeholders may wish to consider this rating when evaluating the organization's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Pleasant Swim Club Parents Association legitimate?
Mount Pleasant Swim Club Parents Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Pleasant Swim Club Parents Association 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: $348,786
For more financial information, click here
What is the mission statement of Mount Pleasant Swim Club Parents Association?
The Mount Pleasant Swim Club Parents Association aims to encourage and support local, regional, national, and international swimming competitions for amateur athletes. Their mission is focused on fostering the development of these athletes in the swimming field. The association organizes the registration process with USA Swimming and South Carolina Swimming, managing membership fees and ensuring each competitor is properly registered.
Who is the CEO of Mount Pleasant Swim Club Parents Association?
Michelle B Cormack is the President of Mount Pleasant Swim Club Parents Association.
What is the revenue of Mount Pleasant Swim Club Parents Association?
Mount Pleasant Swim Club Parents Association's revenue in 2023 was $828,554.
Who are the executives of Mount Pleasant Swim Club Parents Association and what are their salaries?
The average compensation at Mount Pleasant Swim Club Parents Association during 2023 was $20,517. There are 17 employees at Mount Pleasant Swim Club Parents Association.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Mount Pleasant Swim Club Parents Association?
Mount Pleasant Swim Club Parents Association's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Mount Pleasant Swim Club Parents Association
The Mount Pleasant Swim Club Parents Association is dedicated to promoting swimming competitions at a local, regional, national, and international level. Their primary objective is to support and develop amateur swimmers in the Mt. Pleasant and tricounty area, fostering their competitive abilities. To achieve this, the association collaborates with USA Swimming and South Carolina Swimming, ensuring that all competitors are registered and their membership and dues are managed in an organized manner. The association plays a crucial role in facilitating this registration process, working closely with the coaching staff to guarantee each participant's registration is completed efficiently.
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Impact
October, 2024
The Mount Pleasant Swim Club Parents Association plays a vital role in fostering competitive swimming within the Mount Pleasant and tricounty area. By facilitating the registration process with USA Swimming and South Carolina Swimming, they ensure that young athletes are properly registered and equipped to compete at various levels. This coordinated effort between parents and the coaching staff streamlines administrative tasks, allowing swimmers to focus on their training and performance.
Their commitment to developing amateur athletes not only promotes local competition but also supports swimmers aspiring to compete regionally, nationally, and internationally. Through their organizational efforts, the association creates a strong foundation for these athletes, helping them build skills, confidence, and a sense of community.
Additionally, the Parents Association enhances the swimming experience by fostering a supportive environment among families, encouraging participation, and promoting the importance of teamwork. In doing so, they significantly contribute to the growth of the sport and the development of future champions in swimming.
This information is meant to be a general summary of Mount Pleasant Swim Club Parents Association. 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: $296,997
- Gross Receipts: $829,936
Assets and Liabilities:
- Total Assets: $253,345
- Total Liabilities: $19,657
- Net Assets: $233,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM ENTRY FEES
Revenue
$235,133
COACHES DECK TRAVEL FE
Revenue
$31,629
APPAREL AND CONCESSION
Revenue
$21,684
SWIM CLINICS
Revenue
$8,551
Organization Details
Founding Year
2006
Phone
(843) 901-9732Principal Officer
Michelle B Cormack
Main Address
PO BOX 882, MOUNT PLEASANT, SC, 29465
NTEE Category
Code: N116 - Recreation
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