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Severna Park Swimming Association Inc

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

EIN: 521891278 ✦ Severna park, MD ✦ Designated as a 501(c)(3)

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Overview

What is Severna Park Swimming Association Inc?

The Severna Park Swimming Association Inc, located within the community and nearby neighborhoods, is a dedicated nonprofit organization. Its primary objective is to foster a competitive swimming environment, catering to approximately 210 individuals. The association achieves this goal through their swim team programs, which serve as a platform for promoting swimming skills and camaraderie among the community members.


Official website here: www.spyswimteam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

Severna Park Swimming Association Inc has earned a Three-Star rating from Charity Navigator, reflecting a score of 76%. This score is based entirely on their Accountability & Finance metrics, indicating a solid financial standing and governance structure. The organization has demonstrated strong accountability with an independent board comprised entirely of ten members and has shown no material diversion of assets.

However, there are notable limitations in their governance policies, as they lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements have impacted their overall score, particularly in the areas that could enhance transparency and stakeholder trust. On a positive note, the organization maintains a high program expense ratio of 99.03%, highlighting their commitment to funding their mission effectively.


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

Is Severna Park Swimming Association Inc legitimate?

Severna Park Swimming Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Severna Park Swimming Association 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: $125,462

For more financial information, click here


Official website here: www.spyswimteam.org

What is the mission statement of Severna Park Swimming Association Inc?

The Severna Park Swimming Association Inc, in its mission, aims to foster a competitive swimming program within the community and nearby neighborhoods. Its primary objective is to establish an environment that caters to competitive swimming. The association accomplishes this by running swim team programs, serving approximately 210 individuals. The Severna Park Swimming Association's focus is on providing a platform where individuals can participate in and excel in competitive swimming activities.


Official website here: www.spyswimteam.org

Who is the CEO of Severna Park Swimming Association Inc?

Miles Varn is the President of Severna Park Swimming Association Inc.


Official website here: www.spyswimteam.org

What is the revenue of Severna Park Swimming Association Inc?

Severna Park Swimming Association Inc's revenue in 2023 was $482,641.


Official website here: www.spyswimteam.org

Who are the executives of Severna Park Swimming Association Inc and what are their salaries?

The average compensation at Severna Park Swimming Association Inc during 2023 was $15,683. There are 8 employees and 100 volunteers at Severna Park Swimming Association Inc.


Here are 4 key members and their salaries:


Miles Varn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Newman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Cronkite (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Weinstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.spyswimteam.org

Where can I find the form 990 for Severna Park Swimming Association Inc?

Severna Park Swimming Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.spyswimteam.org

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

Mission Statement of Severna Park Swimming Association Inc

The Severna Park Swimming Association, a prominent entity in the community, is dedicated to its primary mission. This mission revolves around fostering a competitive swimming environment for the community it serves. By promoting swimming programs, the association aims to cater to the interests and aspirations of the local population and neighboring communities. The organization's activities are centered around providing a platform where individuals can hone their swimming skills and compete against their peers. This mission is reflected in the 210 people who engage with the association's swim team programs.

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Impact




July, 2024

Severna Park Swimming Association Inc has made a significant impact on the community by promoting a program of competitive swimming to the local residents and surrounding neighborhoods. Through its swim team programs, the organization serves 210 individuals, providing them with a competitive swimming environment to pursue their athletic goals and develop their skills. By focusing on the promotion of swimming as a recreational and competitive sport, Severna Park Swimming Association Inc contributes to the community's overall well-being and fosters a healthy and active lifestyle among its participants.




This information is meant to be a general summary of Severna Park Swimming Association 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
$482,641 (2023)
Expenses
$526,448 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $482,409
  • Gross Receipts: $483,203

Assets and Liabilities:

  • Total Assets: $105,525
  • Total Liabilities: $347
  • Net Assets: $105,178

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Programs

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

Swim Team Program Fees

Revenue

$302,589

Family Registration Fees

Revenue

$24,285

YMCA & USA Registration Fees

Revenue

$61,523

Winterfest

Revenue

$90,810

Organization Details

Founding Year

1993

Principal Officer

Miles Varn

Main Address

623 Baltimore Annapolis Blvd, Severna Park, MD, 21146

NTEE Category

Code: N70Z - Recreation

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