Overview
What is Southeastern Swim Club?
The Southeastern Swim Club is a nonprofit organization, located in Fisher's, Indiana (with a postal address), primarily dedicated to providing swimming lessons and supporting students in swim meet competitions. With a staff of 59 individuals, the club's mission encompasses fostering swimming skills and offering essential assistance for these competitions. The club's activities extend beyond just teaching swimming, ensuring a comprehensive support system for its student members.
Official website here: www.southeasternswim.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
Southeastern Swim Club has received a two-star rating from Charity Navigator, indicating that there are areas needing attention, particularly in governance and financial transparency. The organization has a score of 66% overall, which reflects concerns about its independent board structure, as it has no independent members. While it performs well in certain financial metrics, such as a high program expense ratio of nearly 85%, the lack of independent oversight raises questions about accountability.
In terms of strengths, the Southeastern Swim Club shows a commitment to responsible financial management, evidenced by a low liabilities-to-assets ratio and adherence to policies like conflict of interest and whistleblower protections. Additionally, the organization maintains documentation of board meeting minutes, which demonstrates some level of operational transparency. However, the absence of independent board members and financial statements may hinder its overall effectiveness and trustworthiness.
Limitations highlighted in the data include the lack of independent oversight and financial reporting, which are critical for ensuring responsible governance. These aspects could impact potential donors' willingness to support the organization, as strong governance practices are increasingly important for nonprofit credibility. Addressing these issues could enhance the Southeastern Swim Club's standing and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Southeastern Swim Club legitimate?
Southeastern Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Swim Club 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: $78,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,001
For more financial information, click here
Official website here: www.southeasternswim.org
What is the mission statement of Southeastern Swim Club?
The Southeastern Swim Club's mission is centered around providing swimming lessons and support for students participating in swim meet competitions. The club's primary objective is to facilitate their swimming abilities and prepare them for competitive events. Through its activities, the club offers swimming training and assistance to help students excel in their competitions. The club's mission is to contribute positively to the swimming development of its members, fostering their growth and competitive spirit.
Official website here: www.southeasternswim.org
Who is the CEO of Southeastern Swim Club?
Matt Stolle is the President of Southeastern Swim Club.
Official website here: www.southeasternswim.org
What is the revenue of Southeastern Swim Club?
Southeastern Swim Club's revenue in 2022 was $634,562.
Official website here: www.southeasternswim.org
Who are the executives of Southeastern Swim Club and what are their salaries?
The average compensation at Southeastern Swim Club during 2022 was $7,718. There are 59 employees and 1600 volunteers at Southeastern Swim Club.
Here are 8 key members and their salaries:
- Compensation: $78,361
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.southeasternswim.org
Where can I find the form 990 for Southeastern Swim Club?
Southeastern Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southeasternswim.org
Learn more at the official website: www.southeasternswim.org
Mission Statement of Southeastern Swim Club
Southeastern Swim Club, a prominent organization, is dedicated to providing swimming lessons and support for students participating in swim meet competitions. Its mission is to foster the swimming skills and competitive spirit of its members, ensuring they have the necessary training and guidance to excel in swim meets. The club serves as a nurturing environment where students can hone their swimming abilities, ultimately preparing them for competitive events.
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Impact
July, 2024
Southeastern Swim Club's impact is evident in the positive influence it has on students by providing swimming lessons and support for swim meet competitions. Through its activities, the club not only promotes physical fitness and water safety but also fosters a sense of teamwork and sportsmanship among its participants. The club's dedication to training and supporting students in their swimming endeavors helps them develop valuable skills that extend beyond the pool, enhancing their overall well-being and personal growth.
This information is meant to be a general summary of Southeastern Swim Club. 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.
- Program Service Revenue: $193,642
- Gross Receipts: $634,562
Assets and Liabilities:
- Total Assets: $283,230
- Total Liabilities: $136,926
- Net Assets: $146,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LESSONS
Revenue
$38,328
SENIOR TRIP
Revenue
$9,342
SWIMMING COMPETITIONS
Revenue
$133,822
VOLUNTEER HOURS ASSESSMEN
Revenue
$12,150
Organization Details
Founding Year
1993
Phone
(317) 841-7559Principal Officer
Matt Stolle
Main Address
PO BOX 327, FISHERS, IN, 46038
Website
www.southeasternswim.orgNTEE Category
Code: N67Z - Recreation
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