Overview
What is Klein Swim Academy Inc?
Klein Swim Academy Inc, situated in Sarasota, Florida, is a dedicated nonprofit organization specializing in swimming instruction for children. Their primary focus is on building confidence and instilling positive learning attitudes through the sport of swimming. They offer a variety of classes, including a pre-swimming program called Baby & Methis, which involves parent participation for newborns to toddlers, and Stroke Team, a year-round continuation for kids developing swimming skills. The academy aims to prepare children for various water environments, ensuring they can swim to safety in different scenarios. The Tsunami Swim Team offers a non-competitive segue to competitive swimming for those who show interest and potential.
Official website here: www.sarasotaswimacademy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Klein Swim Academy Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored 58% overall, particularly noting that it lacks independent board members and an adequate board size, which are critical for governance and oversight. While the organization demonstrates strong program expense ratios at 93.20%, indicating a focus on funding its mission, its overall governance practices raise red flags.
While the charity has a good score for material diversion of assets and a conflict of interest policy, it fell short in several categories, including financial statement transparency and management practices. The absence of a whistleblower policy and failure to post tax forms on its website further suggest a lack of robust governance standards that could potentially affect stakeholder trust and accountability.
In summary, while Klein Swim Academy Inc appears dedicated to its programming, the weaknesses in accountability and financial practices as highlighted by its low rating warrant caution for potential donors and supporters. Improvements in board independence and financial transparency are essential for strengthening the organization’s credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Klein Swim Academy Inc legitimate?
Klein Swim Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klein Swim Academy 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: $90,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $206,125
For more financial information, click here
Official website here: www.sarasotaswimacademy.org
What is the mission statement of Klein Swim Academy Inc?
The mission of Klein Swim Academy Inc, as stated, is to assist children in the community in growing into responsible, healthy, and happy adults. This is achieved through the sport of swimming, instilling confidence and fostering positive learning attitudes for life. The academy offers various programs, such as pre-swimming classes for parents and babies, and advanced swim teams for older children, aiming to develop their swimming skills and endurance. The ultimate goal is to prepare children for various water-related situations and potentially introduce them to competitive swimming.
Official website here: www.sarasotaswimacademy.org
Who is the CEO of Klein Swim Academy Inc?
Ira Klein is the Director of Klein Swim Academy Inc.
Official website here: www.sarasotaswimacademy.org
What is the revenue of Klein Swim Academy Inc?
Klein Swim Academy Inc's revenue in 2022 was $551,476.
Official website here: www.sarasotaswimacademy.org
Who are the executives of Klein Swim Academy Inc and what are their salaries?
There 345 volunteers at Klein Swim Academy Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $78,000
- Related: $0
- Other: $0
- Compensation: $12,500
- Related: $0
- Other: $0
- Compensation: $36,300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sarasotaswimacademy.org
Where can I find the form 990 for Klein Swim Academy Inc?
Klein Swim Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sarasotaswimacademy.org
Learn more at the official website: www.sarasotaswimacademy.org
Mission Statement of Klein Swim Academy Inc
Klein Swim Academy Inc is committed to helping children in the community grow into responsible adults with positive attitudes and strong self-confidence. This is achieved through the sport of swimming. The academy believes in instilling confidence and building positive learning attitudes that last a lifetime. They offer various swimming programs, starting from pre-swimming classes for infants and toddlers, to more advanced stroke and competition teams for older children. The academy's programs are designed to develop swimming skills, endurance, and technique, ensuring children are prepared for various water situations. The ultimate goal is to create well-rounded individuals who can swim to safety in emergencies, fostering a sense of responsibility and self-reliance.
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Impact
July, 2024
Klein Swim Academy Inc's impact lies in its dedication to helping the community's children grow into happy, healthy, and responsible adults through the sport of swimming. By instilling confidence and building positive learning attitudes for life, the academy is not just teaching swimming skills but also essential life skills. The academy's programs, ranging from baby and me classes to competitive swim teams, provide a platform for children to develop both physically and mentally in a safe and supportive environment. Through expert instruction and a family-oriented approach, Klein Swim Academy Inc is shaping future generations for success both in and out of the pool.
This information is meant to be a general summary of Klein Swim Academy 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 2022.
- Investment Income: $34
- Program Service Revenue: $551,442
- Gross Receipts: $551,476
Assets and Liabilities:
- Total Assets: $103,298
- Total Liabilities: $5,461
- Net Assets: $97,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM PROGRAMS
Revenue
$551,442
Organization Details
Founding Year
2013
Phone
(941) 928-7946Principal Officer
Ira Klein
Main Address
5123 KESTRAL PARK PLACE, SARASOTA, FL, 34231
Website
www.sarasotaswimacademy.orgNTEE Category
Code: N67 - Recreation
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