Overview
What is Usa Swimming Inc?
Usa Swimming Inc Dba Indiana Swimming is a nonprofit organization based in Indianapolis, Indiana, with a focus on promoting and governing the sport of swimming within the state. Their mission encompasses competitive swimming and learn-to-swim programs, striving for inclusivity and excellence through innovative and progressive initiatives. With a dedicated team of four employees, they organize meets and events to foster the love for swimming among diverse populations, including hosting special camps and training opportunities. Their work extends beyond the competitive sphere, inspiring individuals to excel in the sport.
Official website here: www.inswimming.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 61%)
Usa Swimming Inc DBA Indiana Swimming has received a Two-Star rating from Charity Navigator, indicating it needs improvement in various accountability and finance aspects. The organization has a relatively strong independent board structure, with 100% of its members being independent. However, it lacks transparency in financial reporting, as evidenced by missing financial statements and tax forms on its website, which significantly impacted its score.
The nonprofit demonstrates good governance practices, including the absence of material diversions of assets and the presence of a conflict of interest policy. However, the absence of a whistleblower policy and document retention guidelines raises concerns about its operational integrity. Furthermore, while the organization allocates a commendable 60.73% of its expenses to programs, the overall financial health is marred by a lack of comprehensive financial documentation.
Despite these limitations, Usa Swimming Inc DBA Indiana Swimming maintains a reasonable liabilities to assets ratio of 10.07%, indicating some level of financial stability. Moving forward, improving transparency and adhering to best practices in governance and financial reporting will be critical for enhancing its rating and building trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Usa Swimming Inc legitimate?
Usa Swimming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usa Swimming 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: $118,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,093
For more financial information, click here
Official website here: www.inswimming.org
What is the mission statement of Usa Swimming Inc?
U.S. Swimming Inc., doing business as Indiana Swimming, is dedicated to promoting swimming as a sport for individuals of all ages, with a focus on both competitive and learn-to-swim programs. Their mission is to inspire excellence through progressive and innovative programming, ensuring inclusivity for all diversity. U.S. Swimming Inc. organizes camps for the training, development, and promotion of swimmers, aiming to help them excel in the sport. This year, they hosted a special camp that included an opportunity to attend the Olympic Trials. The organization governs swimming activities in the state of Indiana, overseeing meets and events to further promote the sport.
Official website here: www.inswimming.org
Who is the CEO of Usa Swimming Inc?
Tony Young is the Admin Vice Chair of Usa Swimming Inc.
Official website here: www.inswimming.org
What is the revenue of Usa Swimming Inc?
Usa Swimming Inc's revenue in 2022 was $825,192.
Official website here: www.inswimming.org
Who are the executives of Usa Swimming Inc and what are their salaries?
The average compensation at Usa Swimming Inc during 2022 was $39,706. There are 4 employees and 93 volunteers at Usa Swimming Inc.
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Official website here: www.inswimming.org
Where can I find the form 990 for Usa Swimming Inc?
Usa Swimming Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.inswimming.org
Learn more at the official website: www.inswimming.org
Mission Statement of Usa Swimming Inc
U.S.A. Swimming Inc. dba Indiana Swimming is committed to promoting the sport of swimming for individuals of all ages, fostering both competitive and learn-to-swim programs. Their mission is to inspire excellence through progressive and innovative programming, ensuring inclusivity for all diversity. This nonprofit organization focuses on organizing camps, training programs, and events that aid in the development and promotion of swimmers, striving for them to excel in their chosen sport. A notable event this year was the Very Special Camp, which included attending the Olympic Trials. U.S.A. Swimming Inc. dba Indiana Swimming plays a significant role in governing the sport of swimming within the state of Indiana, hosting meets and events to encourage the growth and popularity of swimming.
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Impact
October, 2024
USA Swimming Inc. plays a pivotal role in promoting the sport of swimming across all age groups through comprehensive programs that cater to both competitive swimmers and those learning to swim. By organizing events and meets, particularly in Indiana, the organization fosters a vibrant swimming community, inspiring excellence through innovative programming that emphasizes inclusivity and diversity.
The organization actively develops and trains swimmers by hosting specialized camps, including those that provide opportunities to attend Olympic Trials. This not only enhances the skills of participants but also elevates the overall standard of competitive swimming. Through its dedication to creating a supportive environment for swimmers of all levels, USA Swimming Inc. significantly impacts the growth of the sport, encouraging broader participation and helping athletes achieve their personal best while nurturing a lifelong love for swimming.
This information is meant to be a general summary of Usa Swimming 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.
- Investment Income: $16,932
- Program Service Revenue: $802,360
- Gross Receipts: $825,192
Assets and Liabilities:
- Total Assets: $1,243,793
- Total Liabilities: $146,829
- Net Assets: $1,096,964
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETS AND EVENTS
Revenue
$504,858
MEMBERSHIP INCOME
Revenue
$212,677
CAMPS
Revenue
$84,825
Organization Details
Founding Year
1996
Phone
(317) 946-1371Principal Officer
Tony Young
Main Address
11550 N MERIDIAN ST 260, INDIANAPOLIS, IN, 46268
Website
www.inswimming.orgNTEE Category
Code: N67 - Recreation
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