Overview
What is Rappahannock Area Ymca Swim Team Inc?
Rappahannock Area YMCA Swim Team Inc, located in Stafford, Virginia, serves as a part of the Fredericksburg Area YMCA. This nonprofit organization offers a swim team program for youth, providing them with the opportunity to learn swimming skills and participate in competitive events. The team's mission goes beyond just swimming, as it also encourages the development of essential social skills, contributing to a well-rounded foundation for the youth involved. The organization, with a staff of 46 individuals, is dedicated to enriching the lives of its members through aquatic activities.
Official website here: www.swimrays.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Rappahannock Area YMCA Swim Team Inc has earned an overall rating of 81%, reflecting strong accountability and financial management. This rating is solely based on their Accountability & Finance score, which indicates that the organization demonstrates a commitment to transparency and responsible governance practices.
The organization excels in various areas, showcasing an independent board with all members being independent. They have established robust policies, including a conflict of interest policy and a whistleblower policy, both of which contribute to their high score. Additionally, they maintain a low liabilities to assets ratio and an impressive program expense ratio of 92.17%, indicating that a significant portion of their resources is directed towards their programs.
While the rating is commendable, it is important to note that it relies entirely on financial accountability metrics without assessing other operational aspects or program effectiveness. Potential donors may want to consider this when evaluating the overall impact of the organization beyond financial measures.
This AI summary has been generated from information found on Charity Navigator.
Is Rappahannock Area Ymca Swim Team Inc legitimate?
Rappahannock Area Ymca Swim Team Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rappahannock Area Ymca 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,308
For more financial information, click here
Official website here: www.swimrays.org
What is the mission statement of Rappahannock Area Ymca Swim Team Inc?
The Rappahannock Area YMCA Swim Team Inc, in its mission, provides a swim team platform for youth, in association with the Fredericksburg Area YMCA. This team serves as an avenue for young individuals to learn swimming techniques and participate in competitive events. Additionally, the team focuses on teaching various social skills, aiming to establish a well-rounded foundation for the youth involved.
Official website here: www.swimrays.org
Who is the CEO of Rappahannock Area Ymca Swim Team Inc?
Michael Kainu is the Social Committee Chairperson of Rappahannock Area Ymca Swim Team Inc.
Official website here: www.swimrays.org
What is the revenue of Rappahannock Area Ymca Swim Team Inc?
Rappahannock Area Ymca Swim Team Inc's revenue in 2022 was $1,203,432.
Official website here: www.swimrays.org
Who are the executives of Rappahannock Area Ymca Swim Team Inc and what are their salaries?
The average compensation at Rappahannock Area Ymca Swim Team Inc during 2022 was $10,594. There are 46 employees at Rappahannock Area Ymca Swim Team Inc.
Here are 7 key members and their salaries:
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Official website here: www.swimrays.org
Where can I find the form 990 for Rappahannock Area Ymca Swim Team Inc?
Rappahannock Area Ymca Swim Team Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swimrays.org
Learn more at the official website: www.swimrays.org
Mission Statement of Rappahannock Area Ymca Swim Team Inc
Rappahannock Area YMCA Swim Team Inc, a swim team affiliated with the Fredericksburg Area YMCA, offers a unique opportunity for youth. Its mission is centered around providing young individuals with the chance to learn swimming techniques and participate in competitive events. Beyond just improving their swimming skills, this organization also focuses on teaching various social skills. By doing so, it aims to establish a well-rounded foundation for the youth, fostering their personal growth and development.
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Impact
July, 2024
Rappahannock Area YMCA Swim Team Inc's impact is deeply felt in the Stafford, VA community through its dedication to teaching youth how to swim, compete, and develop important social skills. By providing young individuals with the opportunity to participate in a structured swim team associated with the Fredericksburg Area YMCA, this organization is empowering them to build a strong foundation both in the pool and in their personal development. Through their programs, Rappahannock Area YMCA Swim Team Inc is not only promoting physical fitness and athletic achievement but also fostering essential life skills that will benefit these youth in all aspects of their lives.
This information is meant to be a general summary of Rappahannock Area Ymca 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.
- Program Service Revenue: $275,841
- Gross Receipts: $1,203,432
Assets and Liabilities:
- Total Assets: $831,165
- Total Liabilities: $26,895
- Net Assets: $804,270
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Meet fees and sponsorships
Revenue
$196,746
Team activities and trips
Revenue
$15,922
Equipment sales
Revenue
$24
Swim Program
Revenue
$5,865
Member registration
Revenue
$57,284
Organization Details
Founding Year
1998
Phone
(540) 273-7051Principal Officer
Michael Kainu
Main Address
PO Box 866, STAFFORD, VA, 22555
Website
www.swimrays.orgNTEE Category
Code: N67Z - Recreation
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