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Peak Swimming

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 272115706 ✦ Saratoga, CA ✦ Designated as a 501(c)(3)

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Overview

What is Peak Swimming?

Peak Swimming is a nonprofit organization situated in Saratoga, California, with a specific focus on providing year-round swim team practice opportunities for the local youth community. Their mission revolves around promoting a nationally recognized swim program that encourages and develops elite swimmers at various levels, emphasizing individual progress, team unity, and family participation. They have a workforce of six dedicated individuals.


Official website here: www.peakswim.com

Is Peak Swimming legitimate?

Peak Swimming is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peak Swimming 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: $112,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.peakswim.com

What is the mission statement of Peak Swimming?

Peak Swimming's mission is centered around promoting a nationally recognized swim program that cultivates and fosters elite swimmers at various levels. This mission emphasizes individual progress, team unity, and family participation. The program aims to provide a year-round swim team practice for the local youth community, fostering a supportive environment for all swimmers.


Official website here: www.peakswim.com

Who is the CEO of Peak Swimming?

Yihua Li is the President of Peak Swimming.


Official website here: www.peakswim.com

What is the revenue of Peak Swimming?

Peak Swimming's revenue in 2022 was $214,119.


Official website here: www.peakswim.com

Who are the executives of Peak Swimming and what are their salaries?

The average compensation at Peak Swimming during 2022 was $18,751. There are 6 employees at Peak Swimming.


Here are 3 key members and their salaries:


Yihua Li (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Jin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bichun Liu (Head Coach)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peakswim.com

Where can I find the form 990 for Peak Swimming?

Peak Swimming's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.peakswim.com

Learn more at the official website: www.peakswim.com

Mission Statement of Peak Swimming

Peak Swimming, a renowned swimming program, is dedicated to fostering and nurturing elite swimmers at various levels. Their mission emphasizes individual progress, team unity, and family participation. The organization promotes a nationally recognized swim program that caters to swimmers of all skill levels, encouraging personal growth and a sense of camaraderie among team members. Moreover, Peak Swimming encourages active family involvement, recognizing the importance of family support in the development of young swimmers. The program offers year-round swim team practice to the local youth community, providing an opportunity for young swimmers to hone their skills and compete at various levels.

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Impact




October, 2024

Peak Swimming significantly impacts the local youth community in Saratoga, CA by fostering a nationally recognized swim program designed to nurture and develop elite swimmers at all levels. Through year-round swim team practices, it promotes individual progress and a sense of team unity, while encouraging family participation in the sport. This creates an environment where young athletes can thrive both in and out of the pool, enhancing their physical abilities, teamwork skills, and personal growth. The program not only develops tomorrow’s elite swimmers but also cultivates lifelong skills and a love for the sport within the community.




This information is meant to be a general summary of Peak Swimming. 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.

Revenue
$214,119 (2022)
Expenses
$307,199 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $214,119

Assets and Liabilities:

  • Total Assets: $7,511
  • Total Liabilities: $199,386
  • Net Assets: -$191,875

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM INCOME
LESSON

Organization Details

Founding Year

2010

Principal Officer

Yihua Li

Main Address

12230 SARATOGA SUNNYVALE RD, Saratoga, CA, 95070

NTEE Category

Code: O50 - Youth development

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