Overview
What is Fullerton Aquatic Sports Team Inc?
Fullerton Aquatic Sports Team Inc, a nonprofit organization located in Fullerton, California, offers a range of year-round swim programs tailored to various ability levels, aiming to foster competitive swimming. Their mission extends beyond just competitive sports, as they also provide aquatic programs and swim lessons for underprivileged children in the city, contributing to the local community. With around 40 dedicated employees, Fullerton Aquatic Sports Team Inc is committed to promoting aquatic activities and nurturing athletes in the field of aquatic sports competition.
Official website here: www.fastswimming.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Fullerton Aquatic Sports Team Inc demonstrates some strengths in accountability and financial management, it also has notable areas needing improvement. With an overall Accountability & Finance Score of 73, the organization shows a commitment to transparency in several aspects, particularly with its independent board members and financial ratios.
The organization excels in governance, having a fully independent board and no material diversion of assets. Its program expense ratio is also commendable at 86.72%, suggesting that a significant portion of its funds is directed towards its mission-related activities. However, the absence of a whistleblower policy and the lack of a document retention policy raises concerns regarding organizational practices and accountability.
Additionally, the nonprofit has not made its tax form available on its website, which could limit accessibility for stakeholders looking for financial information. These limitations detract from the overall assessment, highlighting a need for improvements in transparency and policy implementation to enhance accountability to the public and its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Fullerton Aquatic Sports Team Inc legitimate?
Fullerton Aquatic Sports Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fullerton Aquatic Sports 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: $212,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $456,106
For more financial information, click here
Official website here: www.fastswimming.net
What is the mission statement of Fullerton Aquatic Sports Team Inc?
The Fullerton Aquatic Sports Team Inc is committed to providing aquatic programs and swim lessons for underprivileged children, while also fostering competitive athletics for various aquatic sports. Their mission is to contribute to the development of competitive swimming by offering a range of year-round swim programs tailored to the needs of swimmers at different ability levels. By doing so, the team aims to promote the sport and provide opportunities for children who may not otherwise have access to such activities.
Official website here: www.fastswimming.net
Who is the CEO of Fullerton Aquatic Sports Team Inc?
Brian Brown is the President of Fullerton Aquatic Sports Team Inc.
Official website here: www.fastswimming.net
What is the revenue of Fullerton Aquatic Sports Team Inc?
Fullerton Aquatic Sports Team Inc's revenue in 2022 was $1,428,042.
Official website here: www.fastswimming.net
Who are the executives of Fullerton Aquatic Sports Team Inc and what are their salaries?
The average compensation at Fullerton Aquatic Sports Team Inc during 2022 was $16,710. There are 40 employees at Fullerton Aquatic Sports Team Inc.
Here are 4 key members and their salaries:
- Compensation: $103,654
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $77,834
- Related: $0
- Other: $0
Official website here: www.fastswimming.net
Where can I find the form 990 for Fullerton Aquatic Sports Team Inc?
Fullerton Aquatic Sports Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fastswimming.net
Learn more at the official website: www.fastswimming.net
Mission Statement of Fullerton Aquatic Sports Team Inc
Fullerton Aquatic Sports Team Inc, a nonprofit organization, is committed to serving its community by providing a range of aquatic programs and swim lessons. Their primary mission is to cater to underprivileged children, offering them swimming lessons as a valuable skill. Beyond this, the team also fosters competitive athletics in various aquatic sports. By doing so, Fullerton Aquatic Sports Team Inc is dedicated to nurturing talent and promoting a love for aquatic sports among its young participants. Their year-round swim programs are designed to cater to swimmers of all ability levels, ensuring everyone has an opportunity to develop their skills and compete at their own pace.
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Impact
October, 2024
Fullerton Aquatic Sports Team Inc significantly enhances the community by providing crucial aquatic programs and swim lessons specifically designed for underprivileged children. By offering these services, the organization ensures that all children, regardless of their economic background, have access to valuable swim education and safety skills, which can be life-saving.
Additionally, the organization fosters competitive swimming talent by developing athletes through year-round swim programs tailored to meet the varying needs of swimmers at different skill levels. This approach not only promotes athletic excellence but also encourages teamwork, discipline, and perseverance among participants.
Through its efforts, Fullerton Aquatic Sports Team Inc plays a pivotal role in enriching the lives of young people in Fullerton, cultivating skills that extend beyond the pool, and contributing to the overall health and vitality of the community.
This information is meant to be a general summary of Fullerton Aquatic Sports 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.
- Investment Income: $29,276
- Program Service Revenue: $1,345,209
- Gross Receipts: $1,428,766
Assets and Liabilities:
- Total Assets: $988,775
- Total Liabilities: $238,476
- Net Assets: $750,299
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPETITIVE SWIM TEAM
Revenue
$717,991
SWIM LESSONS
Revenue
$621,003
AQUATIC PROGRAMMING
Revenue
$6,215
Organization Details
Founding Year
1964
Phone
(714) 773-5788Principal Officer
Brian Brown
Main Address
PO BOX 5468, FULLERTON, CA, 92832
Website
www.fastswimming.netNTEE Category
Code: N67 - Recreation
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