Overview
What is Lincoln-Way Swim Association?
The Lincoln-Way Swim Association, situated in Mokena, Illinois, is a dedicated nonprofit organization that focuses on nurturing young swimmers. Through their program, they offer instruction, practice sessions, and organized competitions for children ranging from 5 years old to high school age. Their primary mission is to foster the growth and development of these children in swimming, providing a structured and engaging environment for their participation.
Official website here: www.lwsagators.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
The Lincoln-Way Swim Association has received a Two-Star rating from Charity Navigator, reflecting an overall score of 69% based solely on its Accountability & Finance metrics. This score suggests that while the organization demonstrates solid financial practices, there are notable areas for improvement in governance and transparency.
The organization excels in having an independent board, with all members being independent and a strong program expense ratio of 96.88%, indicating that a significant portion of its resources is directed towards its programs. Additionally, it has a clean record regarding material diversion of assets and maintains thorough documentation of board meeting minutes.
However, the organization lacks several important policies, such as a conflict of interest policy and a whistleblower policy, which could potentially affect its accountability structure. These gaps may raise concerns for potential donors about the governance practices in place to safeguard the integrity of the organization. Overall, while the financial health is commendable, addressing these governance issues could enhance the organization’s credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln-Way Swim Association legitimate?
Lincoln-Way Swim Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln-Way Swim Association 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: $232,733
For more financial information, click here
Official website here: www.lwsagators.org
What is the mission statement of Lincoln-Way Swim Association?
The Lincoln-Way Swim Association, serving young swimmers, is dedicated to offering educational instruction, regular practice sessions, and organized competitions for children ranging from age 5 to high school. Its primary objective is to foster the growth and development of these young swimmers, providing them with a structured platform to enhance their swimming skills and competitive spirit. The association's activities aim to promote a love for swimming and the discipline it instills, ultimately contributing to the overall well-being of the participating children.
Official website here: www.lwsagators.org
Who is the CEO of Lincoln-Way Swim Association?
Keri Martenz is the Director of Lincoln-Way Swim Association.
Official website here: www.lwsagators.org
What is the revenue of Lincoln-Way Swim Association?
Lincoln-Way Swim Association's revenue in 2023 was $515,321.
Official website here: www.lwsagators.org
Who are the executives of Lincoln-Way Swim Association and what are their salaries?
The average compensation at Lincoln-Way Swim Association during 2023 was $14,546. There are 16 employees and 55 volunteers at Lincoln-Way Swim Association.
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Official website here: www.lwsagators.org
Where can I find the form 990 for Lincoln-Way Swim Association?
Lincoln-Way Swim Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lwsagators.org
Learn more at the official website: www.lwsagators.org
Mission Statement of Lincoln-Way Swim Association
The Lincoln-Way Swim Association, a dedicated youth swim program, is committed to providing instruction, practice, and organized competitions for children spanning from age 5 to high school. This nonprofit organization's mission is to nurture the swimming skills of young individuals, fostering a sense of camaraderie and competition within a structured environment. By offering educational opportunities and organized events, the Lincoln-Way Swim Association aims to help children develop both their swimming abilities and their confidence in a supportive setting.
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Impact
July, 2024
Lincoln-Way Swim Association's impact lies in fostering a love for swimming among youth in Mokena, IL. By providing quality instruction, practice opportunities, and organized competitions, this program helps children ages 5 through high school develop their swimming skills and confidence in the water. Through its recreational activities, the Lincoln-Way Swim Association contributes to the overall well-being and physical development of the community's youth.
This information is meant to be a general summary of Lincoln-Way Swim Association. 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: $24
- Program Service Revenue: $485,330
- Gross Receipts: $543,529
Assets and Liabilities:
- Total Assets: $249,276
- Total Liabilities: $0
- Net Assets: $249,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$318,657
SWIM MEETS
Revenue
$166,673
Organization Details
Founding Year
2000
Phone
(708) 829-8117Principal Officer
Keri Martenz
Main Address
PO BOX 471, MOKENA, IL, 60448
Website
www.lwsagators.orgNTEE Category
Code: N67 - Recreation
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