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David's Swim Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475390208 ✦ North falmouth, MA ✦ Designated as a 501(c)(3)

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Overview

What is David's Swim Inc?

David's Swim Inc is a nonprofit organization situated in North Falmouth, Massachusetts, specifically at 52 Horseshoe Lane. Their primary mission is to rally support for individuals battling ALS by conducting an annual charity swim event. The funds raised through these events are then channeled towards Compassionate Care ALS, a nonprofit dedicated to offering care services to ALS patients. This partnership aims to enhance the living conditions and improve the quality of life for those affected by this neurological disorder. The organization's charitable activities contribute significantly to the mission of Compassionate Care ALS, furthering their efforts in providing essential care and support to ALS patients.


Official website here: www.davidsoldsilverswim.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 70%, Two-Star out of Four Star rating.

David's Swim Inc has received a 70% rating from Charity Navigator, which translates to a Two-Star rating. This score is based solely on the Accountability & Finance beacon, indicating that while the charity demonstrates strengths in certain areas, there are notable deficiencies that impact its overall evaluation.

The organization boasts a fully independent board with no material diversion of assets, which reflects positively on its governance practices. Additionally, it has a strong liabilities to assets ratio and a commendable program expense ratio of 65.03%, suggesting that a significant portion of its funds goes directly towards its mission-related programs.

However, the charity has several missing policies, including a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which are critical for transparency and accountability. The absence of these policies may raise concerns among potential donors and stakeholders regarding the organization's operational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is David's Swim Inc legitimate?

David's Swim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. David's Swim 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.davidsoldsilverswim.com

What is the mission statement of David's Swim Inc?

David's Swim Inc is committed to its mission of raising funds for the welfare of individuals affected by ALS. Each year, the organization conducts a charity swim event to accumulate financial resources. These funds are then channeled towards Compassionate Care ALS, an organization dedicated to providing care for ALS patients. By supporting Compassionate Care ALS, David's Swim Inc is instrumental in furthering their mission of assisting ALS patients. The annual benefit swim event serves as a key initiative in their ongoing efforts to contribute to the wellbeing of those battling ALS.


Official website here: www.davidsoldsilverswim.com

Who is the CEO of David's Swim Inc?

Robert A Catalano is the President of David's Swim Inc.


Official website here: www.davidsoldsilverswim.com

What is the revenue of David's Swim Inc?

David's Swim Inc's revenue in 2022 was $114,305.


Official website here: www.davidsoldsilverswim.com

Who are the executives of David's Swim Inc and what are their salaries?

There 20 volunteers at David's Swim Inc.


Here are 5 key members and their salaries:


Robert A Catalano (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Fishbein (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Fishbein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Garber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanna G Levy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.davidsoldsilverswim.com

Where can I find the form 990 for David's Swim Inc?

David's Swim Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.davidsoldsilverswim.com

Learn more at the official website: www.davidsoldsilverswim.com

Mission Statement of David's Swim Inc

David's Swim Inc, a nonprofit organization, is dedicated to raising funds to offer aid to individuals affected by Amyotrophic Lateral Sclerosis (ALS). Each year, they organize a benefit swim event, serving as a platform to gather resources. The proceeds from this event are then channeled to Compassionate Care ALS, an organization committed to providing care for ALS patients. By conducting this annual charity swim, David's Swim Inc plays a significant role in supporting Compassionate Care ALS in its mission to continue offering essential services to ALS patients.

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Impact




October, 2024

David's Swim Inc has made a significant impact in the fight against ALS by organizing an annual charity swim that raises essential funds to support patients suffering from this devastating disease. By conducting this event in North Falmouth, MA, the organization not only fosters community involvement but also draws attention to the pressing needs of ALS patients. The funds generated through the benefit swim are directed to Compassionate Care ALS, a dedicated entity that provides critical support and care services for patients, enhancing their quality of life during a challenging time. Through this initiative, David's Swim Inc plays a crucial role in both raising awareness and providing tangible assistance to those affected by ALS.




This information is meant to be a general summary of David's Swim 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.

Revenue
$114,305 (2022)
Expenses
$111,511 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $114,305

Assets and Liabilities:

  • Total Assets: $13,497
  • Total Liabilities: $0
  • Net Assets: $13,497

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Annual Charity Swim

Organization Details

Founding Year

2015

Principal Officer

Robert A Catalano

Main Address

52 Horseshoe Lane, North Falmouth, MA, 02556

NTEE Category

Code: N12 - Recreation

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