Overview
What is Victory Lane Aquatic Club?
Victory Lane Aquatic Club (VLAC) is a nonprofit organization situated in Merrifield, Virginia. Their primary mission is to serve as an Amateur Sports Organization, dedicated to nurturing swimming skills in young individuals. VLAC offers year-round training programs, catering to 321 youths, thereby fostering their swimming abilities. Furthermore, the club demonstrates a strong commitment to community service. Additionally, VLAC extends its support to deserving high school seniors through scholarships, addressing the financial needs of promising swimmers.
Official website here: www.vlacswimteam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 39%, Zero-Star out of Four Star rating.
Victory Lane Aquatic Club has received a low rating of 39% from Charity Navigator, which translates to a Zero-Star rating. This rating primarily reflects the organization’s performance in the Accountability & Finance category. While it scored well in several governance aspects, such as having a majority of independent board members and proper documentation of board meeting minutes, significant deficits were noted in areas like conflict of interest policies and whistleblower protections.
The organization shows strengths in governance transparency, with independent board members and adherence to document retention policies. However, critical areas affecting financial accountability are lacking. The absence of a conflict of interest and whistleblower policy, along with a 0% program expense ratio, indicates potential issues in financial management and operational effectiveness, which raises concerns about the organization's overall accountability to its stakeholders.
While the club does maintain transparency regarding its tax documents, the overall performance in key accountability metrics suggests that improvements are necessary for better governance and financial health. Addressing these limitations could enhance the organization's standing and trust among donors and the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Victory Lane Aquatic Club legitimate?
Victory Lane Aquatic Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victory Lane Aquatic 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: $0
For more financial information, click here
Official website here: www.vlacswimteam.org
What is the mission statement of Victory Lane Aquatic Club?
The Victory Lane Aquatic Club, as an amateur sports organization, is dedicated to instructing young individuals in swimming skills. Its mission, in simple terms, involves offering year-round training in swimming to 321 youths. Additionally, the club contributes to community service and extends financial aid to deserving high school seniors in need through scholarships.
Official website here: www.vlacswimteam.org
Who is the CEO of Victory Lane Aquatic Club?
Nancy Joyner is the President of Victory Lane Aquatic Club.
Official website here: www.vlacswimteam.org
What is the revenue of Victory Lane Aquatic Club?
Victory Lane Aquatic Club's revenue in 2022 was $200,142.
Official website here: www.vlacswimteam.org
Who are the executives of Victory Lane Aquatic Club and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vlacswimteam.org
Where can I find the form 990 for Victory Lane Aquatic Club?
Victory Lane Aquatic Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vlacswimteam.org
Learn more at the official website: www.vlacswimteam.org
Mission Statement of Victory Lane Aquatic Club
Victory Lane Aquatic Club, an amateur sports organization, is dedicated to teaching swimming skills to youths. Its primary mission is to provide year-round training to 321 young individuals, honing their swimming abilities and promoting aquatic safety. Beyond its swimming program, the club also extends its reach into the community through various service initiatives. Furthermore, Victory Lane Aquatic Club demonstrates its commitment to supporting education by offering scholarships to needy high school seniors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Victory Lane Aquatic Club significantly impacts the community by providing comprehensive swimming skill training to local youths. With over 321 participants in its year-round swimming programs, the club fosters not only athletic development but also personal growth and teamwork among young athletes.
In addition to skill training, the organization actively engages in community service initiatives, reinforcing the values of responsibility and giving back. It also plays a crucial role in supporting the academic aspirations of high school seniors by awarding scholarships to those in need, enhancing educational opportunities and promoting equity within the community.
By prioritizing recreation and athleticism, Victory Lane Aquatic Club not only nurtures proficient swimmers but also cultivates well-rounded individuals ready to contribute positively to their surroundings. The club stands as a pillar of support, development, and community engagement in Merrifield, VA.
This information is meant to be a general summary of Victory Lane Aquatic 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: $2,355
- Gross Receipts: $200,142
Assets and Liabilities:
- Total Assets: $245,720
- Total Liabilities: $0
- Net Assets: $245,720
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2015
Principal Officer
Nancy Joyner
Main Address
PO Box PO Box 2614, Merrifield, VA, 221162614
Website
www.vlacswimteam.orgNTEE Category
Code: N67 - Recreation
If you are a representative of Victory Lane Aquatic Club and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.