Overview
What is Blue Dolphin Inc?
Blue Dolphin Inc, doing business as Coast Guard Blue Dolphins Swim Team, is a nonprofit organization situated in Yorktown, Virginia. The organization operates a competitive swim team that caters to various skill levels, accommodating approximately 250 children. Their primary mission is to foster confidence, character, sportsmanship, team spirit, and physical fitness, enabling participants to excel in local, state, national, and even international swimming competitions, adhering to the regulations set by USA Swimming, Inc. The team provides multiple training groups to ensure each child receives an appropriate level of guidance. The organization is staffed by 51 dedicated individuals.
Official website here: www.cgbdswimming.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
Blue Dolphin Inc, operating as the Coast Guard Blue Dolphins Swim Team, has received a low rating primarily due to significant gaps in its accountability and financial transparency measures. While the organization boasts a high percentage of independent board members (90%), which reflects a strong governance structure, it struggles in critical areas such as financial documentation and policies to ensure accountability. The absence of financial statements and key policies like conflict of interest and whistleblower protections has contributed to its low score.
The organization does demonstrate some strengths, particularly in its program expense ratio, which indicates that a substantial portion of its budget is directed toward its programs rather than administrative costs. This is a positive sign for stakeholders looking for effective use of funds in pursuit of programmatic goals. However, the lack of transparency in financial reporting raises concerns about the organization's overall financial health and management practices.
Overall, while Blue Dolphin Inc shows promise in its program focus, the severe deficiencies in financial accountability and governance policies present significant limitations that potential donors and volunteers should consider. To improve its standing, the organization would greatly benefit from addressing these documentation and policy gaps.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Dolphin Inc legitimate?
Blue Dolphin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Dolphin 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: $518,401
For more financial information, click here
Official website here: www.cgbdswimming.org
What is the mission statement of Blue Dolphin Inc?
The Blue Dolphin Inc, operating under the name Coast Guard Blue Dolphins Swim Team, is dedicated to offering a program that fosters confidence, character, sportsmanship, team spirit, and physical fitness. This is done with the aim of preparing swimmers for competitive swimming at local, state, national, and international levels, adhering to the guidelines set by USA Swimming, Inc. The primary objective is to equip swimmers with necessary skills at various ability levels, catering to around 250 children through multiple training groups.
Official website here: www.cgbdswimming.org
Who is the CEO of Blue Dolphin Inc?
Lindsay Kramer is the President of Blue Dolphin Inc.
Official website here: www.cgbdswimming.org
What is the revenue of Blue Dolphin Inc?
Blue Dolphin Inc's revenue in 2022 was $1,421,830.
Official website here: www.cgbdswimming.org
Who are the executives of Blue Dolphin Inc and what are their salaries?
The average compensation at Blue Dolphin Inc during 2022 was $10,165. There are 51 employees and 350 volunteers at Blue Dolphin Inc.
Here are 9 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
- 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.cgbdswimming.org
Where can I find the form 990 for Blue Dolphin Inc?
Blue Dolphin Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cgbdswimming.org
Learn more at the official website: www.cgbdswimming.org
Mission Statement of Blue Dolphin Inc
Blue Dolphin Inc Dba Coast Guard Blue Dolphins Swim Team is dedicated to offering a program that fosters confidence, character, sportsmanship, team spirit, physical fitness, and swimming skills at various levels of competitiveness. This includes local, state, national, and international arenas, adhering to the guidelines set by USA Swimming, Inc. The primary objective of the organization is to provide an environment that encourages personal growth and development, both in and out of the swimming pool. The team caters to approximately 250 children, offering multiple training groups tailored to diverse ability levels. This comprehensive approach to swimming instruction and development seeks to equip each participant with the necessary skills and mindset to excel in their chosen competitive swimming career.
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
July, 2024
Blue Dolphin Inc Dba Coast Guard Blue Dolphins Swim Team has a significant impact on the youth in the local communities by providing a platform for approximately 250 children to participate in competitive swimming at various ability levels. Through their program, they focus on building confidence, character, sportsmanship, team spirit, physical fitness, and swimming skills. This not only helps in fostering a love for the sport but also instills valuable life skills in the young participants. The team's dedication to promoting competitive swimming aligns with the rules of USA Swimming, Inc., and contributes to the overall development of youth athletes both locally and beyond.
This information is meant to be a general summary of Blue Dolphin 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: $7
- Program Service Revenue: $986,951
- Gross Receipts: $1,431,854
Assets and Liabilities:
- Total Assets: $59,986
- Total Liabilities: $36,399
- Net Assets: $23,587
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Corporate Sponsors
Revenue
$9,890
Dues & Assessments
Revenue
$631,796
Swim Meet Revenue
Revenue
$345,265
Organization Details
Founding Year
1965
Phone
(757) 868-8352Principal Officer
Lindsay Kramer
Main Address
607 Lotz Drive, Yorktown, VA, 23692
Website
www.cgbdswimming.orgNTEE Category
Code: N71 - Recreation
If you are a representative of Blue Dolphin Inc 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.