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Frederick Area Swim Team Inc

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

EIN: 521798094 ✦ Frederick, MD ✦ Designated as a 501(c)(3)

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Overview

What is Frederick Area Swim Team Inc?

Frederick Area Swim Team Inc, often referred to as FAST, is a nonprofit organization situated in Frederick, Maryland. With a team of 17 dedicated individuals, FAST's primary mission is to promote the overall well-being of youth through the sport of swimming. They offer structured practice sessions and competitive events, helping young members develop their swimming skills and fostering their athletic achievements. Throughout the year, FAST members participate in over 20 swim competitions, measuring their progress and striving for improvement. By engaging in these activities, they not only enhance their swimming abilities but also foster fitness and personal growth.


Official website here: www.frederickareaswimteam.org

Is Frederick Area Swim Team Inc legitimate?

Frederick Area Swim Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick Area 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: $94,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,181

For more financial information, click here


Official website here: www.frederickareaswimteam.org

What is the mission statement of Frederick Area Swim Team Inc?

The mission of Frederick Area Swim Team Inc. is centered around fostering the development of young individuals, focusing on their health and overall fitness through the sport of swimming. By offering structured practice and competition opportunities, the team aims to enhance their swimming skills, athleticism, and achievements. Over 203 youth members are engaged in this process, with their progress being measured at numerous swim competitions held throughout the year.


Official website here: www.frederickareaswimteam.org

Who is the CEO of Frederick Area Swim Team Inc?

Cheryl Linscott is the Head Coach of Frederick Area Swim Team Inc.


Official website here: www.frederickareaswimteam.org

What is the revenue of Frederick Area Swim Team Inc?

Frederick Area Swim Team Inc's revenue in 2022 was $288,684.


Official website here: www.frederickareaswimteam.org

Who are the executives of Frederick Area Swim Team Inc and what are their salaries?

The average compensation at Frederick Area Swim Team Inc during 2022 was $8,878. There are 17 employees and 8 volunteers at Frederick Area Swim Team Inc.


Here are 5 key members and their salaries:


Cheryl Linscott (Head Coach)
  • Compensation: $82,750
  • Related: $0
  • Other: $1,047
Bill Wells (Treasurer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Sarah Wirth (President)
  • Compensation: $0
  • Related: $0
  • Other: $3,139
Bill Carliss (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Keefer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.frederickareaswimteam.org

Where can I find the form 990 for Frederick Area Swim Team Inc?

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


Official website here: www.frederickareaswimteam.org

Learn more at the official website: www.frederickareaswimteam.org

Mission Statement of Frederick Area Swim Team Inc

Frederick Area Swim Team Inc, a nonprofit organization, is dedicated to fostering the growth and overall wellness of youth through the sport of swimming. Their mission is to create an environment that encourages skill development, providing opportunities for structured practice and competition. By focusing on improving swim techniques and athletic abilities, the team aims to promote better health and fitness among its members, catering to various skill levels. The organization hosts over 20 competitive swim meets annually, offering a platform for its more than 200 youth members to showcase their progress and achievements.

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Impact




October, 2024

Frederick Area Swim Team Inc significantly impacts youth in the community by promoting health and fitness through the sport of swimming. By providing structured practice and competitive opportunities, the organization fosters athletic skill development and personal achievement for over 203 youth members. Participants practice and refine their swim strokes and techniques, enabling them to compete in more than 20 swim competitions each year.

This initiative not only enhances individual performance and fitness but also builds a strong sense of teamwork and community among the swimmers. The emphasis on total fitness ensures that young athletes develop healthy habits that can last a lifetime, while the competitive aspect helps instill a sense of discipline and commitment. Ultimately, the organization plays a vital role in supporting youth development, encouraging them to lead active, fulfilling lives.




This information is meant to be a general summary of Frederick Area 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.

Revenue
$288,684 (2022)
Expenses
$240,192 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,128
  • Program Service Revenue: $270,769
  • Gross Receipts: $308,806

Assets and Liabilities:

  • Total Assets: $499,688
  • Total Liabilities: $5,996
  • Net Assets: $493,692

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Programs

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

Membership and Registration

Revenue

$270,769

Organization Details

Founding Year

1992

Principal Officer

Cheryl Linscott

Main Address

POB 3673, Frederick, MD, 21701

NTEE Category

Code: N670 - Recreation

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