Overview
What is Nica Nadadores Inc?
Nica Nadaders Inc is a nonprofit organization dedicated to fostering youth development in low-income communities in southwest Managua, Nicaragua. They achieve this by providing academic scholarships to deserving children, covering tuition, books, supplies, uniforms, activity fees, and transportation costs. In 2022, they awarded 83 such scholarships. The organization also operates a swim team for these children, modeled after student-athlete programs in the USA. This team not only teaches swimming skills but also participates in local competitions, providing these children with opportunities for growth and development.
Official website here: www.nicanadadores.org
Is Nica Nadadores Inc legitimate?
Nica Nadadores Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nica Nadadores 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: $27,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nicanadadores.org
What is the mission statement of Nica Nadadores Inc?
Nica Nadadores Inc's mission focuses on fostering youth development. They achieve this by awarding academic scholarships to dedicated children from low-income communities. In 2022, the organization granted 83 scholarships covering various expenses such as tuition, books, and transportation. The scholarship program is modeled after student-athlete programs in the USA, and it includes a swim team of 125 children. This swim team not only teaches swimming skills to new learners but also participates in local competitions, providing a platform for their talents. The aim is to provide these children with the necessary educational support and opportunities to thrive.
Official website here: www.nicanadadores.org
What is the revenue of Nica Nadadores Inc?
Nica Nadadores Inc's revenue in 2023 was $269,883.
Official website here: www.nicanadadores.org
Who are the executives of Nica Nadadores Inc and what are their salaries?
The average compensation at Nica Nadadores Inc during 2023 was $27,225. There is 1 employee and 3 volunteers at Nica Nadadores Inc.
Here are 3 key members and their salaries:
- Compensation: $27,225
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nicanadadores.org
Where can I find the form 990 for Nica Nadadores Inc?
Nica Nadadores Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nicanadadores.org
Learn more at the official website: www.nicanadadores.org
Mission Statement of Nica Nadadores Inc
Nica Nadadores Inc, a nonprofit organization, is committed to fostering youth development. Their mission is accomplished through the provision of academic scholarships to motivated children from low-income communities in southwest Managua. In 2022 alone, the organization awarded 83 scholarships, covering not only tuition but also essentials such as books, supplies, uniforms, activity fees, and transportation costs.
Beyond financial assistance, Nica Nadadores Inc also operates a swim team comprising 125 children from these same communities. This team serves a dual purpose: teaching swimming skills to new learners and participating in various competitions in and around Managua. The program is modeled after student-athlete programs in the USA, aiming to inspire and equip these children with the skills and confidence needed to excel both academically and athletically.
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Impact
October, 2024
Nica Nadadores Inc significantly impacts youth development by providing academic scholarships that empower dedicated children from low-income communities. In 2022, the organization awarded 83 scholarships, covering vital educational expenses such as tuition, books, supplies, uniforms, activity fees, and transportation costs. This initiative allows children to focus on their education while alleviating financial burdens.
Additionally, Nica Nadadores fosters a strong sense of community and personal growth through its swim team, which includes 125 children from southwest Managua. The swim program not only teaches essential swimming skills but also encourages teamwork and discipline. The participants have the opportunity to compete in various events, fostering a spirit of achievement and resilience. Through these combined efforts, Nica Nadadores Inc creates a pathway for youth to thrive academically and socially, transforming lives and offering hope for a brighter future.
This information is meant to be a general summary of Nica Nadadores 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: $13
- Program Service Revenue: $298
- Gross Receipts: $269,883
Assets and Liabilities:
- Total Assets: $370,100
- Total Liabilities: $948
- Net Assets: $369,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT-ATHLETE MENTOR
Revenue
$298
Organization Details
Founding Year
2014
Principal Officer
Kyle Shoemaker
Website
www.nicanadadores.orgNTEE Category
Code: O50 - Youth development
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