Overview
What is Mission Viejo Nadadores Foundation?
The Mission Viejo Nadadores Foundation, situated in Mission Viejo, California, is a nonprofit organization dedicated to promoting and nurturing amateur sports, specifically diving and swimming. With a workforce of 122 individuals, the foundation provides lessons, training, and practice sessions to help individuals excel in these sports. Beyond that, they also support master's swimming and aim to introduce new participants through extensive lesson and water safety training. This commitment to swimming and diving is reflected in their mission to develop and empower participants, ensuring a safe and engaging environment for all involved.
Official website here: www.mvnswim.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Mission Viejo Nadadores Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The foundation's score is exclusively based on its performance in Accountability & Finance, showcasing its robust governance practices and transparency in operations.
The organization boasts a fully independent board, with all 13 members meeting expectations for independence, and it has established effective audit and oversight mechanisms. Its financial ratios highlight prudent management, with a program expense ratio of 83.77%, meaning a significant majority of its financial resources are directed toward its core mission.
Feedback from the rating indicates no material diversions of assets or conflicts of interest, further strengthening its reputation for integrity. The organization is well-documented in its policies, including those related to whistleblowing and document retention, reflecting a thorough approach to governance. Overall, the foundation exemplifies strong ethical practices and effective financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Mission Viejo Nadadores Foundation legitimate?
Mission Viejo Nadadores Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mission Viejo Nadadores Foundation 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: $420,630
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,783,509
For more financial information, click here
Official website here: www.mvnswim.org
What is the mission statement of Mission Viejo Nadadores Foundation?
The Mission Viejo Nadadores Foundation's mission is centered around supporting and fostering participation in amateur sports, specifically diving, swimming, and master's swimming. They achieve this by providing extensive lessons and water safety training. Their goal is also to introduce new participants to these sports. The foundation actively develops and supports its participants through lessons, training, and practices within a swim/dive team setting.
Official website here: www.mvnswim.org
Who is the CEO of Mission Viejo Nadadores Foundation?
Michael Gallegos is the President of Mission Viejo Nadadores Foundation.
Official website here: www.mvnswim.org
What is the revenue of Mission Viejo Nadadores Foundation?
Mission Viejo Nadadores Foundation's revenue in 2022 was $4,177,741.
Official website here: www.mvnswim.org
Who are the executives of Mission Viejo Nadadores Foundation and what are their salaries?
The average compensation at Mission Viejo Nadadores Foundation during 2022 was $18,067. There are 122 employees and 833 volunteers at Mission Viejo Nadadores Foundation.
Here are 16 key members and their salaries:
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Official website here: www.mvnswim.org
Where can I find the form 990 for Mission Viejo Nadadores Foundation?
Mission Viejo Nadadores Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvnswim.org
Learn more at the official website: www.mvnswim.org
Mission Statement of Mission Viejo Nadadores Foundation
The Mission Viejo Nadadores Foundation is dedicated to supporting and fostering the development of individuals participating in the amateur sports of diving, swimming, and master's swimming. The organization goes beyond just sports, as it also aims to introduce new participants through comprehensive lesson and water safety training. This approach ensures that not only seasoned athletes can benefit from the foundation's offerings, but also individuals who are new to these sports can join with confidence and safety. The foundation's Swim/Dive Team is instrumental in this mission, providing lessons, training, and practice opportunities for participants in diving and swimming, thereby supporting their growth and development in these sports.
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Impact
October, 2024
The Mission Viejo Nadadores Foundation significantly enhances the community by supporting and developing participants in amateur sports, specifically diving and swimming. Through comprehensive training, lessons, and practices, it fosters a passion for these activities, encouraging both skill development and personal growth. The foundation also prioritizes safety by introducing new participants to essential water safety training, ensuring a secure environment for all learners. By cultivating athletic talent and promoting healthy lifestyles, the foundation plays a vital role in nurturing a vibrant community engaged in recreational sports.
This information is meant to be a general summary of Mission Viejo Nadadores Foundation. 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: $16,526
- Program Service Revenue: $3,815,298
- Gross Receipts: $4,185,668
Assets and Liabilities:
- Total Assets: $3,972,498
- Total Liabilities: $1,317,094
- Net Assets: $2,655,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMUNITY PROGRAMS
Revenue
$896,269
DIVE & SWIM MEETS
Revenue
$637,562
OTHER SWIM / DIVE PROG
Revenue
$123,770
SWIM / DIVE TEAM FEES
Revenue
$2,157,697
Organization Details
Founding Year
1968
Phone
(949) 380-2538Principal Officer
Michael Gallegos
Main Address
27474 CASTA DEL SOL 2, MISSION VIEJO, CA, 92692
Website
www.mvnswim.orgNTEE Category
Code: N67I - Recreation
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