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Nova Of Virginia Aquatics Inc

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

EIN: 541427388 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is Nova Of Virginia Aquatics Inc?

Nova of Virginia Aquatics Inc, located at 12207 Gayton Road, Richmond, VA 23238, is a nonprofit organization dedicated to competitive aquatic training. Through their comprehensive programs, they have successfully qualified numerous swimmers for USA Swimming sanctioned championship meets at various levels, including state, regional, zone, national, and international events. Their reach extends to an estimated 1,000 swimmers annually, demonstrating their impactful influence in the aquatic community. Beyond competitive swimming, Nova offers swimming lessons, clinics, and master's swimming programs, catering to the diverse needs of their community. The organization's mission is to foster leadership qualities in young people, with dreams, discipline, and excellence as their guiding principles. With a dedicated workforce of 148 individuals, Nova of Virginia Aquatics Inc continues to inspire and nurture the passion for swimming in Virginia.


Official website here: www.novaswim.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating

Nova of Virginia Aquatics Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally positive performance in accountability and finance. With an impressive Accountability & Finance score of 83%, the organization demonstrates strong financial health and responsible stewardship of its resources. Key strengths include a fully independent board, no material diversion of assets, and high program expense efficiency, showcasing a commitment to its mission.

The organization scores well on Culture & Community as well, with a score of 82%. Feedback mechanisms are robust, as evidenced by perfect scores in constituent feedback collection and usage, which indicates that the organization values input from those it serves. This demonstrates a proactive approach to community engagement and transparency.

However, there are areas for improvement, particularly in equity strategies, where the organization scored 73%. The low scores in equity data and the absence of clear equity policies signal a need for further development in these areas to enhance inclusivity and representation in their operations and programs. Overall, while Nova of Virginia Aquatics Inc shows strong performance in financial accountability and community engagement, it should address its equity strategies for a more comprehensive impact.


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

What do the Facebook reviews say about Nova Of Virginia Aquatics Inc?

96% of 22 reviewers on Facebook recommend Nova Of Virginia Aquatics Inc. Here’s a summary of their experiences:

The majority of comments reflect a positive sentiment toward the organization, highlighting its effectiveness in fostering a supportive and engaging environment for swimmers. Many users appreciate the quality of coaching and the sense of community within the program, noting that it provides valuable development opportunities for athletes.

However, a few critiques surfaced regarding facility conditions and staff interactions. One reviewer mentioned dissatisfaction with inadequate amenities and perceived unhelpfulness from a coach. Despite this isolated feedback, the overall impression remains largely favorable, with many endorsing the nonprofit for its commitment to aquatic sports and community involvement.


This AI summary has been generated from reviews found on Facebook.

Is Nova Of Virginia Aquatics Inc legitimate?

Nova Of Virginia Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nova Of Virginia Aquatics 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: $51,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,955,113

For more financial information, click here


Official website here: www.novaswim.org

What is the mission statement of Nova Of Virginia Aquatics Inc?

Nova of Virginia Aquatics Inc's mission is centered around nurturing future leaders. They strive to instill qualities that will prepare young individuals for leadership roles in the future. Their primary focus is on competitive aquatic training, offering swimming lessons, clinics, and master's swimming. The organization believes in the transformative power of discipline, using it as a tool to help their swimmers achieve excellence. Their aquatic training has seen numerous swimmers qualify for USA Swimming sanctioned championship meets at various levels, including state, regional, zone, national, and international competitions. During a typical fiscal year, an estimated 1,000 swimmers benefit from the Nova program.


Official website here: www.novaswim.org

Who is the CEO of Nova Of Virginia Aquatics Inc?

Leigh Peterson is the Treasurer of Nova Of Virginia Aquatics Inc.


Official website here: www.novaswim.org

What is the revenue of Nova Of Virginia Aquatics Inc?

Nova Of Virginia Aquatics Inc's revenue in 2022 was $4,740,503.


Official website here: www.novaswim.org

Who are the executives of Nova Of Virginia Aquatics Inc and what are their salaries?

The average compensation at Nova Of Virginia Aquatics Inc during 2022 was $13,557. There are 148 employees and 1000 volunteers at Nova Of Virginia Aquatics Inc.


Here are 10 key members and their salaries:


Dan Connor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fellowes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Belcher (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Naurath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Thornton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Connors (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Glass (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Mcgee (Executive Director - Retired 8/22)
  • Compensation: $53,414
  • Related: $0
  • Other: $0
Norm Wright (Head Coach)
  • Compensation: $115,367
  • Related: $0
  • Other: $0


Official website here: www.novaswim.org

Where can I find the form 990 for Nova Of Virginia Aquatics Inc?

Nova Of Virginia Aquatics Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.novaswim.org

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

Mission Statement of Nova Of Virginia Aquatics Inc

Nova of Virginia Aquatics Inc is committed to instilling qualities that will shape the leaders of tomorrow. Their mission, in essence, revolves around nurturing dreams and fostering discipline, with the ultimate pursuit of excellence. This organization believes that the aquatic training they provide serves as a powerful tool for shaping young individuals, preparing them to take on leadership roles in the future.

Through their comprehensive aquatic training programs, swimmers under Nova's guidance have consistently shown remarkable progress. Their achievements extend beyond local levels, with numerous swimmers qualifying for USA Swimming sanctioned championship meets at state, regional, zone, national, and even international levels. This success story is a testament to the organization's effective approach to swimmer development.

In essence, Nova of Virginia Aquatics Inc is not just an aquatic training center. It is a place where dreams are nurtured, discipline is cultivated, and excellence is pursued. Their mission is to equip young individuals with the necessary skills and mindset to become leaders in their respective fields, all while honing their aquatic abilities through competitive swimming, swimming lessons, clinics, and master's swimming programs.

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Impact




July, 2024

Nova Of Virginia Aquatics Inc has a significant impact on the swimming community in Richmond, VA. Through its competitive aquatic training programs, swimming lessons, clinics, and master's swimming opportunities, Nova has helped swimmers qualify for USA Swimming sanctioned championship meets at various levels – from state to international competitions. Approximately 1,000 swimmers benefited from the Nova program during the fiscal year, highlighting the widespread reach and influence of the organization. Nova's mission of instilling leadership qualities in young people, fostering dreams, promoting discipline, and pursuing excellence underscores its commitment to developing future leaders in the sport of swimming and beyond.




This information is meant to be a general summary of Nova Of Virginia Aquatics 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
$4,740,503 (2022)
Expenses
$4,766,119 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $642
  • Program Service Revenue: $3,624,863
  • Gross Receipts: $5,248,909

Assets and Liabilities:

  • Total Assets: $10,612,018
  • Total Liabilities: $2,451,963
  • Net Assets: $8,160,055

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Programs

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

COMPETITIVE FEES

Revenue

$2,052,797

SWIM LESSONS

Revenue

$956,047

MEETS

Revenue

$544,766

CLINICS

Revenue

$44,703

OTHER

Revenue

$26,550

Organization Details

Founding Year

1987

Principal Officer

Leigh Peterson

Main Address

12207 GAYTON ROAD, RICHMOND, VA, 23238

NTEE Category

Code: N67Z - Recreation

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