Overview
What is Eagle Swim Team Inc?
Eagle Swim Team Inc, a nonprofit headquartered in Reisterstown, Maryland, is primarily focused on youth development through swimming and water recreation activities. Their mission is twofold: to instruct young individuals in swimming techniques and to nurture talents with aspirations for Olympic-level competitions. The organization offers a comprehensive approach to swim education and training, providing a supportive environment for local youth.
Official website here: www.eagleswimteam.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two Stars (Needs Improvement) - Overall score: 69%
Eagle Swim Team Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operations, particularly in the areas of accountability and financial transparency. While the organization has shown a strong commitment to program spending, with an impressive program expense ratio of 99.49%, it lacks essential financial documentation such as financial statements and tax forms on its website.
The organization has maintained a solid governance structure, evidenced by its high percentage of independent board members, which can promote unbiased decision-making. However, the absence of crucial policies, including a conflict of interest and whistleblower policy, raises concerns about its governance practices. This lack of policy documentation, paired with missing financial disclosures, contributes to the overall need for enhancement in accountability.
While there are strengths in its financial ratios, particularly the liabilities to assets ratio being at 0.00%, the significant gaps in policies and documentation can hinder potential donor confidence. Addressing these issues could lead to a more favorable evaluation in the future, improving its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Eagle Swim Team Inc legitimate?
Eagle Swim Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle 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: $103,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $324,267
For more financial information, click here
Official website here: www.eagleswimteam.com
What is the mission statement of Eagle Swim Team Inc?
Eagle Swim Team is committed to offering youth swim instruction and Olympic-level training. Their primary objective is to foster the swimming skills and potential of young individuals, aiming to nurture future Olympic athletes. Through their programs, they aim to instill a love for swimming and water safety in the younger generation. The team provides a structured and supportive environment for young swimmers to hone their skills and reach their full potential.
Official website here: www.eagleswimteam.com
Who is the CEO of Eagle Swim Team Inc?
Thomas Slear is the President of Eagle Swim Team Inc. The CEO's salary of Eagle Swim Team Inc is $103,462 and their total compensation is $103,462.
Official website here: www.eagleswimteam.com
What is the revenue of Eagle Swim Team Inc?
Eagle Swim Team Inc's revenue in 2023 was $1,022,322.
Official website here: www.eagleswimteam.com
Who are the executives of Eagle Swim Team Inc and what are their salaries?
The average compensation at Eagle Swim Team Inc during 2023 was $22,512. There are 19 employees and 75 volunteers at Eagle Swim Team Inc.
Here are 5 key members and their salaries (Eagle Swim Team Inc's CEO's salary is $103,462 and their total compensation is $103,462):
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $103,462
- Related: $0
- Other: $0
Official website here: www.eagleswimteam.com
Where can I find the form 990 for Eagle Swim Team Inc?
Eagle Swim Team Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eagleswimteam.com
Learn more at the official website: www.eagleswimteam.com
Mission Statement of Eagle Swim Team Inc
Eagle Swim Team, a non-profit organization, is dedicated to promoting youth swim instruction and Olympic-level training. Based on the provided information, it can be inferred that their primary mission is to foster swimming skills and competitive spirit among young individuals. By offering comprehensive swim instruction, this organization aims to equip children with essential water safety skills, while also nurturing those with a passion for competitive swimming to pursue their Olympic dreams. The organization's focus on youth underscores its commitment to nurturing future generations in the sport of swimming.
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Impact
July, 2024
Eagle Swim Team Inc has a significant impact on the youth in Reisterstown, MD by providing high-quality swim instruction and Olympic training opportunities. Through their programs, they help develop young swimmers' skills and potential in the sport. Additionally, they contribute to the overall well-being and fitness of the community by promoting water recreation activities. This organization plays a crucial role in nurturing talent, promoting physical activity, and fostering a sense of teamwork and sportsmanship among the youth in the area.
This information is meant to be a general summary of Eagle 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 2023.
- Gross Receipts: $1,022,322
Assets and Liabilities:
- Total Assets: $710,482
- Total Liabilities: $0
- Net Assets: $710,482
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Organization Details
Founding Year
1992
Phone
(443) 829-4067Principal Officer
Thomas Slear
Main Address
5413 WEYWOOD DRIVE, REISTERSTOWN, MD, 21136
Website
www.eagleswimteam.comNTEE Category
Code: N67Z - Recreation
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