Overview
What is The Capitol Sea Devils Swim Team Inc?
The Capitol Sea Devils Swim Team Inc, based in Sterling, Virginia, is a nonprofit organization dedicated to competitive and non-competitive swimming. With a registered membership of 431 swimmers, they collect tuition fees to cover various expenses such as pool and facility rentals, coach salaries, athlete registrations, meet entries, and insurance payments. Their primary mission is to ensure the provision of safe swimming instruction and training, fostering a competitive swimming environment for its members.
Official website here: www.seadevils.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Capitol Sea Devils Swim Team Inc has received a two-star rating, with an overall score of 69%. This indicates that while the organization demonstrates some strengths, there are areas identified for improvement in terms of accountability and financial management.
The organization shows solid performance in several financial metrics, achieving full points for its audited financial statements, material diversion of assets, and documentation of board meeting minutes. Additionally, the liabilities to assets ratio is favorable at 34.26%, and the program expense ratio is commendable at 78.67%, suggesting that a significant portion of funds is directed toward its programming.
However, the overall score reflects concerns that need addressing to enhance the organization's operational effectiveness. The two-star rating highlights the necessity for ongoing improvements in accountability measures to better impact its sustainability and transparency to stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Capitol Sea Devils Swim Team Inc legitimate?
The Capitol Sea Devils Swim Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Capitol Sea Devils Swim Team 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: $110,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,703
For more financial information, click here
Official website here: www.seadevils.org
What is the mission statement of The Capitol Sea Devils Swim Team Inc?
The Capitol Sea Devils Swim Team Inc's mission is centered around providing quality instruction and training for competitive swimming. Their primary goal is to ensure a safe environment for swimmers to hone their skills and participate in competitive swimming events. They collect tuition fees from 431 registered swimmers to cover expenses such as pool rentals, coach salaries, athlete registrations, meet entries, and insurance payments.
Official website here: www.seadevils.org
Who is the CEO of The Capitol Sea Devils Swim Team Inc?
Sam Brownell is the President of The Capitol Sea Devils Swim Team Inc.
Official website here: www.seadevils.org
What is the revenue of The Capitol Sea Devils Swim Team Inc?
The Capitol Sea Devils Swim Team Inc's revenue in 2022 was $1,098,234.
Official website here: www.seadevils.org
Who are the executives of The Capitol Sea Devils Swim Team Inc and what are their salaries?
The average compensation at The Capitol Sea Devils Swim Team Inc during 2022 was $10,611. There are 34 employees and 100 volunteers at The Capitol Sea Devils Swim Team Inc.
Here are 6 key members and their salaries:
- Compensation: $90,500
- Related: $0
- Other: $2,412
- Compensation: $12,500
- Related: $0
- Other: $375
- 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.seadevils.org
Where can I find the form 990 for The Capitol Sea Devils Swim Team Inc?
The Capitol Sea Devils Swim Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seadevils.org
Learn more at the official website: www.seadevils.org
Mission Statement of The Capitol Sea Devils Swim Team Inc
The Capitol Sea Devils Swim Team Inc is committed to delivering secure instruction and cultivating competitive swimming abilities. Their primary objective is to create a conducive environment for this purpose. The team collects tuition from 431 registered swimmers to cover expenses such as pool and facility rentals, coach salaries, athlete registrations, meet entries, and insurance payments. This investment ensures that every swimmer receives comprehensive training and instruction to enhance their swimming skills.
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Impact
July, 2024
The Capitol Sea Devils Swim Team Inc has a significant impact on the community by providing safe instruction and training for competitive swimming to over 400 registered swimmers. The organization's competitive and non-competitive swim programs offer opportunities for individuals to develop their skills, build confidence, and foster a sense of teamwork and sportsmanship. Through its activities, The Capitol Sea Devils Swim Team Inc not only promotes physical fitness but also creates a supportive and enriching environment for participants to thrive in. Additionally, by investing in pool and facility rental time, coach salaries, athlete registrations, meet entries, and insurance payments, the organization ensures that its members have access to high-quality training and resources.
This information is meant to be a general summary of The Capitol Sea Devils Swim Team 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: $2,114
- Program Service Revenue: $1,092,600
- Gross Receipts: $1,098,234
Assets and Liabilities:
- Total Assets: $741,563
- Total Liabilities: $279,325
- Net Assets: $462,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Events and travel meets
Revenue
$76,549
Tuition income
Revenue
$1,016,051
Organization Details
Founding Year
1975
Phone
(703) 867-4779Principal Officer
Sam Brownell
Main Address
PO Box 650070, Sterling, VA, 20165
Website
www.seadevils.orgNTEE Category
Code: N67 - Recreation
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