Overview
What is Northfield Swim Club?
The Northfield Swim Club is a nonprofit organization situated in Northfield, Minnesota. Its primary focus is to foster the growth of swimming abilities and competitive swimming among youth residing in Northfield and its surrounding areas. The club actively administers and funds programs aimed at enhancing swimming skills and competitive swimming among the youth. Last year, around 390 young individuals aged between 5 and 19 participated in these programs. The organization's core mission is to nurture swimming talents in the local community, ensuring a strong and active swimming culture. With a dedicated team of eight employees, Northfield Swim Club plays a significant role in the development of young swimmers in the area.
Official website here: www.northfieldswimclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating
The Northfield Swim Club has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating indicates a strong emphasis on accountability and finance, which is crucial for nonprofit organizations. The club excels in areas such as having an independent board, with 100% independent members and no material diversion of assets, which contributes positively to its overall financial health.
However, the organization does have some limitations in its governance practices. Specifically, it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, all of which are essential for transparency and ethical operations. These missing policies could pose challenges in maintaining trust and accountability among stakeholders.
Despite these limitations, the Northfield Swim Club demonstrates a high level of program efficiency, with 95.15% of its expenses directed towards programs. This indicates a commitment to fulfilling its mission and serving its community effectively, although it will benefit from enhancing its governance policies in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Northfield Swim Club legitimate?
Northfield Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northfield 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
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Other Salaries and Wages: $74,278
For more financial information, click here
Official website here: www.northfieldswimclub.org
What is the mission statement of Northfield Swim Club?
The Northfield Swim Club operates a youth swimming program, focusing on the development of swimming skills and competitive swimming among young individuals. The organization administers and finances programs related to swimming skill enhancement and competitive swimming. Their purpose is to encourage and support the swimming progress of youth in the community. Approximately 390 young individuals, ranging from 5 to 19 years old, participated in this program last year.
Official website here: www.northfieldswimclub.org
Who is the CEO of Northfield Swim Club?
Megan Holleran is the President of Northfield Swim Club.
Official website here: www.northfieldswimclub.org
What is the revenue of Northfield Swim Club?
Northfield Swim Club's revenue in 2022 was $137,840.
Official website here: www.northfieldswimclub.org
Who are the executives of Northfield Swim Club and what are their salaries?
The average compensation at Northfield Swim Club during 2022 was $9,285. There are 8 employees and 321 volunteers at Northfield Swim Club.
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Official website here: www.northfieldswimclub.org
Where can I find the form 990 for Northfield Swim Club?
Northfield Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northfieldswimclub.org
Learn more at the official website: www.northfieldswimclub.org
Mission Statement of Northfield Swim Club
The Northfield Swim Club, in its mission, aims to foster the growth of swimming abilities and competitive swimming among youth in its vicinity. The organization actively administers and finances programs that are geared towards the advancement of swimming skills and competitive swimming among young individuals aged between 5 and 19. This past year, approximately 390 youths participated in these programs, demonstrating the club's significant impact on the local community. The Northfield Swim Club's purpose is not just limited to teaching swimming skills but also encourages a competitive spirit among its young members, thereby nurturing their potential in this sport.
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Impact
October, 2024
Northfield Swim Club significantly impacts the community by fostering the development of swimming skills and competitive swimming among local youth. Serving approximately 390 youths aged 5 to 19 in Northfield and its surrounding areas, the club creates opportunities for young swimmers to enhance their abilities, build confidence, and engage in a healthy, active lifestyle.
Through structured programs, participants not only learn essential swimming techniques but also cultivate teamwork and sportsmanship. The club's commitment to administering and financing programs that support these goals plays a crucial role in promoting water safety and athletic excellence in the community. By nurturing young talent and providing resources for competitive training, Northfield Swim Club strengthens its community’s connection and encourages lifelong skills in and out of the water.
This information is meant to be a general summary of Northfield 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: $135,945
- Gross Receipts: $138,538
Assets and Liabilities:
- Total Assets: $57,931
- Total Liabilities: $2,016
- Net Assets: $55,915
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SESSION FEES
Revenue
$135,392
SWIM MEETS
Revenue
$553
Organization Details
Founding Year
1985
Phone
(507) 645-9289Principal Officer
Megan Holleran
Main Address
PO BOX 510, NORTHFIELD, MN, 55057
Website
www.northfieldswimclub.orgNTEE Category
Code: N60Z - Recreation
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