Overview
What is Palatine Swim Team?
The Palatine Swim Team is a nonprofit organization dedicated to fostering the love for swimming among individuals of various ages and abilities. Offering top-notch coaching and technique instruction, their primary objective is to empower each member to enhance their swimming skills and attain personal success. The team is committed to promoting swimming as a sport for people of all abilities, boasting a membership of over 200 enthusiastic swimmers. In addition to fostering swimming skills, Palatine Swim Team encourages sportsmanship, teamwork, self-improvement, health, and community involvement.
Official website here: www.ppdswim.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
Palatine Swim Team has achieved a Three-Star rating from Charity Navigator, indicating a solid level of performance in terms of accountability and finance. The overall score reflects the charity's strong commitment to transparency and effective management, particularly highlighted by its perfect scores in several areas, including having a fully independent board and no material diversion of assets.
The organization also demonstrates a robust financial structure, with a liabilities to assets ratio of 48.59%, which suggests good financial health. Additionally, a program expense ratio of 75.95% indicates that a significant portion of its funding is directed towards its programs rather than administrative costs. This efficient allocation of resources is a strength for the Palatine Swim Team.
While the rating is commendable, it's important to note that the score is solely derived from accountability and finance metrics, meaning there may be other aspects of the organization that are not evaluated in this score. Overall, the Palatine Swim Team appears to be a well-managed nonprofit focused on its mission, with a strong emphasis on governance and financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Palatine Swim Team legitimate?
Palatine Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palatine Swim Team 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: $216,132
For more financial information, click here
Official website here: www.ppdswim.org
What is the mission statement of Palatine Swim Team?
The Palatine Swim Team, as a year-round competitive swimming organization, provides top-notch coaching and technique instruction for swimmers of various ages and abilities. Their primary objective is to offer each member an opportunity to enhance their swimming skills and attain success at their respective levels. Beyond swimming, the team encourages the sport for all ages and boasts a membership of over 200 swimmers. The Palatine Swim Team values sportsmanship, teamwork, self-improvement, health, and community involvement, making it a comprehensive platform for swimmers.
Official website here: www.ppdswim.org
What is the revenue of Palatine Swim Team?
Palatine Swim Team's revenue in 2023 was $468,618.
Official website here: www.ppdswim.org
Who are the executives of Palatine Swim Team and what are their salaries?
The average compensation at Palatine Swim Team during 2023 was $108,066. There are 2 employees and 200 volunteers at Palatine Swim Team.
Here are 11 key members and their salaries:
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Official website here: www.ppdswim.org
Where can I find the form 990 for Palatine Swim Team?
Palatine Swim Team's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ppdswim.org
Learn more at the official website: www.ppdswim.org
Mission Statement of Palatine Swim Team
The Palatine Swim Team, a USA Swimming competitive swim organization, is dedicated to providing top-notch coaching and technique instruction for swimmers of all ages and abilities. Their mission is to offer each member an opportunity to enhance their swimming skills and achieve success based on their individual capabilities. Beyond this, the team actively promotes the sport of swimming for individuals across various skill levels, boasting a membership of over 200 swimmers. The Palatine Swim Team also places a strong emphasis on sportsmanship, teamwork, self-improvement, health, and community involvement, encouraging its members to embody these values both in and out of the pool.
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Impact
July, 2024
The impact of Palatine Swim Team extends far beyond the pool. Through high-quality coaching and technique instruction, this team has empowered over 200 swimmers of all ages and abilities to improve their skills and achieve success. By promoting the sport of swimming and instilling values of sportsmanship, teamwork, self-improvement, and community involvement, Palatine Swim Team is shaping not just athletes, but well-rounded individuals who contribute positively to their community.
This information is meant to be a general summary of Palatine Swim Team. 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 2023.
- Investment Income: $3,479
- Program Service Revenue: $464,461
- Gross Receipts: $468,618
Assets and Liabilities:
- Total Assets: $316,101
- Total Liabilities: $153,608
- Net Assets: $162,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION REVENUE
Revenue
$339,708
SWIM MEETS
Revenue
$111,348
REVENUE FROM FUND RAISING
Revenue
$12,179
OTHER INCOME
Revenue
$3,238
SHARK SHOP REVENUE
Revenue
-$2,012
Organization Details
Founding Year
2000
Principal Officer
Talitha Klehm
Website
www.ppdswim.orgNTEE Category
Code: N60 - Recreation
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