Overview
What is Occoquan Swimming Inc?
Occoquan Swimming Inc, situated in Manassas, Virginia, is a nonprofit organization with a focus on athletic education and instruction in swimming. They engage their members in team competitions and celebrate their achievements annually at an awards banquet, typically attended by around 300 swimmers. With a dedicated workforce of 126 individuals, Occoquan Swimming Inc is committed to fostering swimming skills and promoting a competitive spirit among its members.
Official website here: www.swimoccs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
Occoquan Swimming Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The overall score of 54% reflects weaknesses, particularly in the availability of financial statements and the absence of essential policies such as conflict of interest and whistleblower protection. While the organization boasts a fully independent board, these governance issues raise red flags for potential donors.
On a positive note, the nonprofit demonstrates a strong commitment to its programs, with a program expense ratio of 90.94%. This suggests that a substantial majority of its resources are directed towards its mission-related activities. However, the organization's liabilities exceed its assets at a ratio of 165.18%, which could pose financial stability concerns in the long run.
Overall, while Occoquan Swimming Inc shows strength in board independence and program focus, the lack of critical financial documentation and governance policies detracts significantly from its credibility and trustworthiness as a nonprofit organization. Potential supporters may want to consider these factors carefully before engaging with or donating to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Occoquan Swimming Inc legitimate?
Occoquan Swimming Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Occoquan Swimming 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.swimoccs.org
What is the mission statement of Occoquan Swimming Inc?
Occoquan Swimming Inc's mission is centered around providing athletic education and instruction in swimming. This organization is dedicated to furthering the knowledge and skills of swimmers, fostering a supportive environment for their growth. They engage in team competitions as part of their educational process, providing ample opportunities for swimmers to apply their learned skills in a competitive setting. Each year, they host an awards banquet, honoring approximately 300 swimmers for their achievements. This event serves as a celebration of their collective progress and unites the swimming community.
Official website here: www.swimoccs.org
Who is the CEO of Occoquan Swimming Inc?
Aaron Dean is the General Manager of Occoquan Swimming Inc.
Official website here: www.swimoccs.org
What is the revenue of Occoquan Swimming Inc?
Occoquan Swimming Inc's revenue in 2022 was $2,972,030.
Official website here: www.swimoccs.org
Who are the executives of Occoquan Swimming Inc and what are their salaries?
The average compensation at Occoquan Swimming Inc during 2022 was $992. There are 126 employees and 500 volunteers at Occoquan Swimming Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $112,299
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.swimoccs.org
Where can I find the form 990 for Occoquan Swimming Inc?
Occoquan Swimming Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swimoccs.org
Learn more at the official website: www.swimoccs.org
Mission Statement of Occoquan Swimming Inc
Occoquan Swimming Inc, a nonprofit organization, is dedicated to providing athletic education and instruction in swimming. Its mission is centered around fostering swimming skills and knowledge among its participants. The organization engages its members in team competitions, offering them an opportunity to test their abilities and learn from one another. Every year, Occoquan Swimming Inc hosts an annual awards banquet, welcoming approximately 300 swimmers. This event serves as a celebration of their achievements and a chance for the community to recognize their hard work and growth in the sport of swimming.
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Impact
July, 2024
Occoquan Swimming Inc has a significant impact on the community by providing athletic education and instruction in swimming. Through engaging in team competitions and participating in an annual awards banquet with approximately 300 swimmers, the organization promotes physical activity, teamwork, and sportsmanship among its participants. Additionally, Occoquan Swimming Inc contributes to the overall well-being of individuals and fosters a sense of community through its recreational activities.
This information is meant to be a general summary of Occoquan Swimming 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.
- Investment Income: $303
- Program Service Revenue: $2,785,735
- Gross Receipts: $2,984,069
Assets and Liabilities:
- Total Assets: $400,355
- Total Liabilities: $528,764
- Net Assets: -$128,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM MEET FEES, ETC.
Revenue
$1,852,617
MEET MANAGEMENT INCOME
Revenue
$267,446
TEAM MERCHANDISE/TRAVEL
Revenue
$197,080
CENTRAL PARK PROGRAMS
Revenue
$88,651
POOL MANAGEMENT
Revenue
$225,723
Organization Details
Founding Year
1985
Phone
(703) 659-1526Principal Officer
Aaron Dean
Main Address
10371 CENTRAL PARK DRIVE, MANASSAS, VA, 20110
Website
www.swimoccs.orgNTEE Category
Code: N67Z - Recreation
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