Overview
What is Hornet Age Group Swim Club?
The Hornet Age Group Swim Club is a nonprofit organization that primarily focuses on water activities and swimming. Their primary mission is to instill valuable life lessons in children through their involvement in swim meets. This inclusive club offers various swim meet programs, fostering a sense of camaraderie and team spirit among its members. The organization's goals extend beyond the pool, providing a platform for children to develop essential skills such as discipline, perseverance, and sportsmanship.
Official website here: www.hornetswimclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Hornet Age Group Swim Club has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived entirely from a single beacon focused on Accountability & Finance for the fiscal year 2022. The organization has excelled in various areas, particularly in its independent board structure and financial metrics, achieving full scores in categories such as independent board members and the absence of material diversion of assets.
One notable strength of the Hornet Age Group Swim Club is its robust program expense ratio, which stands at 93.27%. This suggests that a significant portion of its expenses is directed towards its programs, enhancing its effectiveness in fulfilling its mission. Additionally, the organization has a perfect liability to assets ratio, indicating a strong financial position.
However, there are several critical areas where the organization falls short. The absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy has affected its accountability score. Addressing these missing policies could improve the overall governance and transparency of the organization, which is essential for building trust with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Hornet Age Group Swim Club legitimate?
Hornet Age Group Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hornet Age Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $181,451
For more financial information, click here
Official website here: www.hornetswimclub.org
What is the mission statement of Hornet Age Group Swim Club?
The Hornet Age Group Swim Club's mission revolves around teaching valuable life lessons to children through their involvement in swim meets. By incorporating various swim meets into their programs, the club aims to instill important values in the young participants. This swimming-centric organization is dedicated to fostering personal growth and development beyond the pool.
Official website here: www.hornetswimclub.org
Who is the CEO of Hornet Age Group Swim Club?
Josh Martin is the Co-President of Hornet Age Group Swim Club.
Official website here: www.hornetswimclub.org
What is the revenue of Hornet Age Group Swim Club?
Hornet Age Group Swim Club's revenue in 2022 was $498,665.
Official website here: www.hornetswimclub.org
Who are the executives of Hornet Age Group Swim Club and what are their salaries?
The average compensation at Hornet Age Group Swim Club during 2022 was $9,550. There are 19 employees and 7 volunteers at Hornet Age Group Swim Club.
Here are 7 key members and their salaries:
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Official website here: www.hornetswimclub.org
Where can I find the form 990 for Hornet Age Group Swim Club?
Hornet Age Group Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hornetswimclub.org
Learn more at the official website: www.hornetswimclub.org
Mission Statement of Hornet Age Group Swim Club
The Hornet Age Group Swim Club, dedicated to the realm of swimming and water recreation, seeks to instill valuable life lessons in children through their involvement in swim meets. By incorporating various swim meets into its programs, the club aims to serve as a platform for children to learn and grow, beyond the realm of competitive swimming. The Hornet Age Group Swim Club's mission is centered around using swim meets as a medium to foster character development in young participants.
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Impact
July, 2024
Hornet Age Group Swim Club makes a significant impact by helping children learn valuable life lessons through participating in swim meets. By teaching values such as discipline, teamwork, perseverance, and sportsmanship, the club not only enhances the children's swimming skills but also instills important qualities that can benefit them in their personal and academic lives. Through its programs that include a variety of swim meets, Hornet Age Group Swim Club positively influences the young participants in Westmont, IL, fostering a sense of achievement and character development.
This information is meant to be a general summary of Hornet Age Group 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.
- Investment Income: $143
- Program Service Revenue: $490,164
- Gross Receipts: $505,431
Assets and Liabilities:
- Total Assets: $188,260
- Total Liabilities: $0
- Net Assets: $188,260
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$368,278
SWIM MEETS
Revenue
$121,886
Organization Details
Founding Year
2001
Phone
(630) 418-4394Principal Officer
Josh Martin
Main Address
PO BOX 1182, WESTMONT, IL, 60559
Website
www.hornetswimclub.orgNTEE Category
Code: B11 - Education
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