Overview
What is Nrva Inc?
Nrva Inc, headquartered with unspecified details, operates as a nonprofit organization that oversees the H2okie Aquatics of the NRV, an amateur competitive swim program. This program operates under the patronage of USA Swimming Inc and Virginia Swimming Inc, two renowned entities in the swimming community. The primary activity of Nrva Inc involves facilitating this competitive swim team, which caters to youth swimmers, providing them with an avenue to showcase their skills and talents.
Official website here: www.h2okieaquatics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, showcasing the nonprofit's commitment to ethical practices and financial transparency. The rating indicates that the organization effectively manages its funds and adheres to established policies.
One of the notable strengths of Nrva Inc is its governance structure, with 80% of its board members being independent. The organization also demonstrated effective financial management, with a program expense ratio of 91.82%, meaning a high percentage of funds are directed toward its mission-related activities. Additionally, the absence of any material diversion of assets further reinforces its reliability.
However, there are some areas for improvement, such as the absence of a whistleblower policy and a document retention policy, which may affect the nonprofit's overall governance practices. Despite these limitations, the charity's strong accountability measures and operational effectiveness suggest a solid foundation for its ongoing work.
This AI summary has been generated from information found on Charity Navigator.
Is Nrva Inc legitimate?
Nrva Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nrva 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $93,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,678
For more financial information, click here
Official website here: www.h2okieaquatics.org
What is the mission statement of Nrva Inc?
Nrva Inc, through its swim program H2okie Aquatics, operates an amateur competitive swim team under the supervision of USA Swimming Inc and Virginia Swimming Inc. Their mission is to provide an environment for amateur swimmers to compete at a high level. They operate under the auspices of these two governing bodies, ensuring adherence to competitive swimming standards and regulations. The program aims to foster the growth and development of young swimmers, providing them with the opportunity to improve their skills, build discipline, and experience the joy of teamwork and competition.
Official website here: www.h2okieaquatics.org
Who is the CEO of Nrva Inc?
Tim Hodge is the President of Nrva Inc.
Official website here: www.h2okieaquatics.org
What is the revenue of Nrva Inc?
Nrva Inc's revenue in 2023 was $485,971.
Official website here: www.h2okieaquatics.org
Who are the executives of Nrva Inc and what are their salaries?
The average compensation at Nrva Inc during 2023 was $11,803. There are 21 employees and 200 volunteers at Nrva Inc.
Here are 10 key members and their salaries:
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Official website here: www.h2okieaquatics.org
Where can I find the form 990 for Nrva Inc?
Nrva Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.h2okieaquatics.org
Learn more at the official website: www.h2okieaquatics.org
Mission Statement of Nrva Inc
Nrva Inc, a nonprofit organization, is dedicated to operating an amateur competitive swim program under the auspices of USA Swimming Inc and Virginia Swimming Inc. Their mission is to provide a platform for competitive swimming, fostering the spirit of competition among amateur swimmers. Through this program, Nrva Inc aims to promote swimming as a sport and nurture the talent of young swimmers, instilling discipline, teamwork, and sportsmanship in them. The organization operates a youth competitive swim team as part of these initiatives, providing an avenue for children to showcase their swimming skills and grow as athletes.
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Impact
July, 2024
Nrva Inc, operating as H2okie Aquatics of the NRV, has a significant impact on the community through its amateur competitive swim program. By offering youth a platform to engage in competitive swimming under the auspices of USA Swimming Inc and Virginia Swimming Inc, Nrva Inc helps promote physical activity, teamwork, and sportsmanship among participants. Through their dedication to providing quality coaching and opportunities for young swimmers, Nrva Inc contributes to the development of aspiring athletes while fostering a sense of community and camaraderie within the sport. Overall, Nrva Inc's impact extends beyond the pool, shaping the lives of young athletes and promoting a culture of health and wellness in the Blacksb-urg area.
This information is meant to be a general summary of Nrva 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 2023.
- Investment Income: $35,999
- Program Service Revenue: $415,653
- Gross Receipts: $485,971
Assets and Liabilities:
- Total Assets: $735,487
- Total Liabilities: $9,684
- Net Assets: $725,803
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM INSTRUCTION
Revenue
$312,302
REGISTRATION FEES
Revenue
$19,371
SWIM MEETS
Revenue
$100,456
REIMBURSEMENTS
Revenue
-$16,476
Organization Details
Founding Year
2003
Phone
(540) 998-2327Principal Officer
Tim Hodge
Main Address
404 VINYARD AVE, BLACKSBURG, VA, 24060
Website
www.h2okieaquatics.orgNTEE Category
Code: N116 - Recreation
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