Overview
What is Aqua Skiers Inc?
Aqua Skiers Inc is a nonprofit organization situated in Wisconsin Rapids, Wisconsin. Their primary focus is to encourage water skiing within the community and enhance the skills of their members. They achieve this through various activities, such as promoting community ties, organizing learn-to-ski clinics, and hosting a state-level ski show to boost business in Central Wisconsin. Additionally, Aqua Skiers Inc emphasizes water and boat safety, ensuring that their activities are conducted in a secure environment. The organization is particularly dedicated to young individuals, with 35 of its members being high school age or younger. By engaging in these activities, Aqua Skiers Inc fosters a sense of camaraderie and community spirit.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%, Zero-Star out of Four Star rating.
Aqua Skiers Inc has received a low rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and has not diverted any assets, it falls short in several critical areas, such as lacking essential policies for conflict of interest, whistleblower protections, and document retention. These deficiencies have contributed to their low overall score.
The nonprofit's financial transparency is further undermined by the absence of required documents on its website, including its tax form. With a program expense ratio of only 39%, there are questions about the effectiveness and allocation of funds towards its mission. Overall, Aqua Skiers Inc needs to address these governance and financial management issues to improve its standing and build trust with potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Aqua Skiers Inc legitimate?
Aqua Skiers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aqua Skiers 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.
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Other Salaries and Wages: $0
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What is the mission statement of Aqua Skiers Inc?
Aqua Skiers Inc, an organization primarily composed of high school-aged members, has a mission to foster safe water skiing practices and promote water/boat safety within the community. They achieve this through various activities, including hosting learn-to-ski clinics and organizing a State Ski Show, which not only enhances the skills of its members but also encourages community engagement in waterskiing. The organization's primary goal is to instill a sense of community spirit while emphasizing the importance of safety in water sports.
What is the revenue of Aqua Skiers Inc?
Aqua Skiers Inc's revenue in 2024 was $331,200.
Who are the executives of Aqua Skiers Inc and what are their salaries?
Here are 11 key members and their salaries:
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Where can I find the form 990 for Aqua Skiers Inc?
Aqua Skiers Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Aqua Skiers Inc
Aqua Skiers Inc, a nonprofit organization, is committed to promoting safe water skiing practices and fostering water/boat safety within the community. Their mission is multifaceted, encompassing three main aspects. Firstly, they strive to strengthen community ties by engaging locals in their activities. Secondly, the club educates individuals, particularly those who are high school age or younger, in the art of water skiing. Lastly, Aqua Skiers Inc hosts learn-to-ski clinics and organizes a State Ski Show to showcase their skills and promote the popularity of waterskiing within Central Wisconsin. The club's activities not only serve to hone the skills of its members but also contribute to fostering a sense of pride in the community.
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Impact
October, 2024
Aqua Skiers Inc significantly enhances community ties in Wisconsin Rapids through its dedicated activities centered around water skiing and safety education. By hosting learn-to-ski clinics and showcasing waterski performances, the organization cultivates skills among its members, many of whom are young individuals, while fostering a spirit of camaraderie and teamwork.
The State Ski Show serves as a hallmark event, drawing attention to Central Wisconsin and promoting local businesses, thereby boosting the region’s economy. Through its commitment to teaching water and boat safety, Aqua Skiers Inc not only equips participants with essential skills but also raises awareness about responsible practices on the water. The organization’s efforts instill pride in the community, making water skiing an accessible and valued recreational pursuit for all ages.
This information is meant to be a general summary of Aqua Skiers 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 2024.
- Program Service Revenue: $331,200
- Gross Receipts: $331,200
Assets and Liabilities:
- Total Assets: $114,942
- Total Liabilities: $0
- Net Assets: $114,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advertising Income
Revenue
$13,024
State Ski Show
Revenue
$245,744
Non-Profit Income
Revenue
$806
Sales of Products
Revenue
$19,245
Team Income
Revenue
$52,381
Organization Details
Founding Year
1960
Principal Officer
Mike Wiberg
NTEE Category
Code: N67 - Recreation
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