Overview
What is Zionsville Swim Club Inc?
Zionsville Swim Club Inc, situated in Zionsville, Indiana, functions as a nonprofit organization, specifically focusing on supporting the athletic pursuits of approximately 250 amateur swimmers. Their mission is to foster excellence through swimming. The club conducts regular monthly meets, semi-annual championship events, and even participates in national-level competitions. They employ a team of four full-time and five part-time coaches and staff members, whose salaries, along with other operational expenses such as USA Swimming fees, meet fees, pool rental, lifeguards, team travel, and incidentals, are funded by their gross receipts. The club's activities extend beyond just swimming, offering a platform for these athletes to compete and grow.
Official website here: www.zionsvilleswimclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Zionsville Swim Club Inc has received a Two-Star out of Four Star rating with an overall score of 69%. This rating indicates that while the organization demonstrates some strong governance practices, there are significant areas where improvements are needed, particularly in transparency and accountability.
One notable strength of the organization is its commitment to having an entirely independent board, which can contribute to ethical governance and decision-making. Furthermore, the swim club has successfully allocated 100% of its expenses toward programmatic activities, reflecting a strong focus on its mission. However, the lack of financial statements, along with missing policies such as conflict of interest and whistleblower protections, highlights serious deficiencies in accountability measures.
The swim club's liabilities to assets ratio is very low at 0.18%, suggesting sound financial management in terms of debt. However, the absence of required financial documentation on its website and the lack of a tax form further impede transparency. The organization needs to address these gaps to enhance its rating and ensure trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Zionsville Swim Club Inc legitimate?
Zionsville Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zionsville Swim Club 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: $237,800
For more financial information, click here
Official website here: www.zionsvilleswimclub.org
What is the mission statement of Zionsville Swim Club Inc?
The mission of Zionsville Swim Club Inc, as stated, is to inspire and foster excellence through swimming. This organization supports the athletic practices and competitions of around 250 amateur swimmers. Their activities include paying salaries for full-time and part-time coaches and staff, covering USA Swimming fees, meet expenses, pool rental, lifeguards, travel expenses, and other incidentals. The club's mission is reflected in their coaching of swimmers who participate in monthly meets, semi-annual championship events, and national-level competitions.
Official website here: www.zionsvilleswimclub.org
Who is the CEO of Zionsville Swim Club Inc?
Eric Meyer is the Principal Officer of Zionsville Swim Club Inc.
Official website here: www.zionsvilleswimclub.org
What is the revenue of Zionsville Swim Club Inc?
Zionsville Swim Club Inc's revenue in 2022 was $570,567.
Official website here: www.zionsvilleswimclub.org
Who are the executives of Zionsville Swim Club Inc and what are their salaries?
The average compensation at Zionsville Swim Club Inc during 2022 was $13,988. There are 17 employees and 250 volunteers at Zionsville Swim Club Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.zionsvilleswimclub.org
Where can I find the form 990 for Zionsville Swim Club Inc?
Zionsville Swim Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.zionsvilleswimclub.org
Learn more at the official website: www.zionsvilleswimclub.org
Mission Statement of Zionsville Swim Club Inc
Zionsville Swim Club Inc, a nonprofit organization, has a mission to foster excellence in competitive swimming among its approximately 250 amateur athletes. This mission is accomplished through inspiring and encouraging these swimmers, guiding them in their athletic practices and preparing them for competitions. The club pays salaries for four full-time and five part-time coaches and staff members using its gross receipts, which also cover USA Swimming fees, meet fees, pool rentals, lifeguard services, team travel expenses, and various incidentals. The organization's activities include organizing monthly swim meets, semiannual championship meets, and participating in national level competitions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Zionsville Swim Club Inc's impact is significant in the realm of amateur competitive swimming. The organization supports athletic practices and competitions for approximately 250 swimmers, providing them with the opportunities to enhance their skills and compete at various levels. Through the employment of 4 full-time and 5 part-time coaches and staff, the club ensures a high standard of coaching and support for its members. The use of gross receipts for essential expenses such as payroll, USA Swimming fees, meet fees, pool rental, lifeguards, team travel, and incidentals demonstrates a commitment to supporting the ongoing operations of the club.
Moreover, Zionsville Swim Club Inc has a considerable reach, as it coaches around 250 swimmers who actively participate in monthly swim meets, semi-annual championship meets, and even national-level competitions. By fostering a culture of excellence and dedication, the club plays a crucial role in inspiring its members to push their limits and achieve their full potential in the sport of swimming. The organization's mission to inspire and encourage excellence through swimming is evident in its dedication to providing a supportive and competitive environment for amateur athletes in Zionsville, IN.
This information is meant to be a general summary of Zionsville Swim Club 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: $88
- Program Service Revenue: $464,215
- Gross Receipts: $576,929
Assets and Liabilities:
- Total Assets: $217,074
- Total Liabilities: -$1,624
- Net Assets: $218,698
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Practice Fees
Revenue
$336,519
Hosted Meet Fees
Revenue
$56,159
Travel Meet Fees
Revenue
$65,642
Swim Clinic
Revenue
$5,895
Organization Details
Founding Year
1982
Phone
(317) 344-9885Principal Officer
Eric Meyer
Main Address
PO Box 71, Zionsville, IN, 46077
Website
www.zionsvilleswimclub.orgNTEE Category
Code: N67 - Recreation
If you are a representative of Zionsville Swim Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.