Overview
What is Beaumont Area Swim Team Inc?
Beaumont Area Swim Team Inc is a nonprofit organization situated in Beaumont, Texas. Its primary mission is to promote swimming as a sport among children, fostering team spirit, camaraderie, and good sportsmanship. The organization raises funds to cover expenses such as training and travel for its members. Based at 8755 NEWFIELD LN, the team organizes local swim teams, hires coaches, and conducts swim meets, all while emphasizing the health benefits of regular exercise. The team provides an engaging environment for children to develop their swimming skills and cultivate essential life values.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars. This rating indicates significant concerns regarding the Beaumont Area Swim Team Inc's accountability and financial practices. The organization scored poorly in several key areas, leading to its low overall rating, which is solely derived from its Accountability & Finance score.
The nonprofit has a program expense ratio of 92.95%, which demonstrates a strong commitment to directing funds towards programming rather than administrative costs. However, the lack of independent board members and the absence of essential governance policies, such as a conflict of interest policy, whistleblower policy, and a document retention policy, raises important questions about its governance standards.
Additionally, the organization is noted for missing key documentation, including its website on the tax form and tax forms posted publicly. While it has successfully maintained no material diversion of assets and a favorable liabilities to assets ratio, the overall lack of transparency and governance oversight could deter potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Beaumont Area Swim Team Inc legitimate?
Beaumont Area Swim Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beaumont Area Swim Team 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: $25,977
For more financial information, click here
What is the mission statement of Beaumont Area Swim Team Inc?
The Beaumont Area Swim Team Inc, as an organization, focuses on educating children in swimming, instilling team spirit, camaraderie, and good sportsmanship. This is achieved through organizing local swim teams, hiring coaches, and conducting swim meets. Additionally, the team promotes the benefits of good health through vigorous exercise. Furthermore, funds are raised to cover expenses such as training and travel for the team members.
Who is the CEO of Beaumont Area Swim Team Inc?
Shawna Flowers is the President of Beaumont Area Swim Team Inc.
What is the revenue of Beaumont Area Swim Team Inc?
Beaumont Area Swim Team Inc's revenue in 2022 was $47,722.
Who are the executives of Beaumont Area Swim Team Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beaumont Area Swim Team Inc?
Beaumont Area Swim Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beaumont Area Swim Team Inc
Beaumont Area Swim Team Inc, a nonprofit organization, is committed to educating children in the art of swimming. Their mission goes beyond teaching swimming techniques; it also focuses on fostering team spirit, camaraderie, and good sportsmanship among the participants. Moreover, the organization promotes the benefits of maintaining good health through regular, vigorous exercise. In essence, Beaumont Area Swim Team Inc uses swimming as a medium to develop well-rounded individuals, instilling values that extend beyond the swimming pool. The organization raises funds to cover various expenses, including training and travel, ensuring that its members have the necessary resources to excel in the sport.
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Impact
August, 2024
Beaumont Area Swim Team Inc's impact lies in educating children in the sport of swimming. By organizing local swim teams, hiring coaches, and conducting swim meets, the organization instills important values such as team spirit, camaraderie, and good sportsmanship in its members. Additionally, Beaumont Area Swim Team Inc promotes the benefits of good health through vigorous exercise among the youth. Furthermore, the organization raises funds to help cover expenses such as training and travel for its members, making the sport of swimming more accessible to children in the Beaumont area. Beaumont Area Swim Team Inc's dedication to youth development through swimming is evident in its efforts to provide a supportive and empowering environment for young swimmers.
This information is meant to be a general summary of Beaumont Area Swim Team 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.
- Gross Receipts: $47,722
Assets and Liabilities:
- Total Assets: $6,720
- Total Liabilities: $0
- Net Assets: $6,720
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Organization Details
Founding Year
2010
Phone
(409) 550-2685Principal Officer
Shawna Flowers
Main Address
8755 NEWFIELD LN, BEAUMONT, TX, 77707
NTEE Category
Code: O50 - Youth development
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