Overview
What is Tide Swimming?
Tide Swimming is a nonprofit organization based in Virginia Beach, Virginia. With a US address at PO Box 4224, it boasts a team of 67 dedicated individuals. The primary objective of Tide Swimming is to foster an atmosphere that encourages personal growth and fulfillment for athletes, coaches, and parents alike, through their shared passion for swimming. During the 2021-2022 competitive season, they had an average enrollment of 630 swimmers across various programs. Tide Swimming's commitment to excellence was recognized with a Silver Medal in USA Swimming's Club Excellence Program. In addition to their impressive performance, they placed second overall at both Virginia Swimming Senior Championships and Virginia Swimming Age Group Championships. As part of their activities, Tide Swimming hosted eight USA Swimming sanctioned meets throughout the year, providing numerous opportunities for participants to showcase their skills and talents.
Official website here: www.tideswimming.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall Score: 69%)
Tide Swimming has received a rating of "Needs Improvement" from Charity Navigator, reflecting an overall score of 69%. While the organization boasts a high percentage of independent board members and a solid program expense ratio, certain areas such as financial transparency and governance policies are significantly lacking. This includes missing financial statements and essential policies like conflict of interest, whistleblower, and document retention.
The organization demonstrates strengths in its accountability metrics, with no material diversion of assets and a favorable liabilities to assets ratio. However, the lack of published financial documents and governance policies raises concerns about its operational transparency. These gaps could affect donor confidence and the overall perception of the organization’s commitment to best practices in nonprofit management.
Overall, while Tide Swimming shows promise in some financial areas, it must address its governance and transparency shortcomings to improve its standing and better serve its mission. Strengthening these aspects could enhance trust among stakeholders and potentially elevate its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Tide Swimming legitimate?
Tide Swimming is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tide Swimming 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: $105,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $850,467
For more financial information, click here
Official website here: www.tideswimming.com
What is the mission statement of Tide Swimming?
Tide Swimming's mission is centered around fostering a culture that empowers athletes, coaches, and parents to derive significant life and sport experiences through teamwork, referred to as TEAM. This mission aims to provide a supportive environment where each individual can thrive in their swimming pursuits and beyond. During the 2021-2022 competition season, Tide Swimming had approximately 630 swimmers participating in various programs. The team's commitment to this mission was evident as they achieved Silver Medal Recognition in USA Swimming's Club Excellence Program and secured 2nd place overall at both the Virginia Swimming Senior Championships and Age Group Championships. Furthermore, Tide Swimming hosted eight USA Swimming Sanctioned meets during the year, showcasing their dedication to providing ample opportunities for their swimmers.
Official website here: www.tideswimming.com
What is the revenue of Tide Swimming?
Tide Swimming's revenue in 2023 was $1,662,204.
Official website here: www.tideswimming.com
Who are the executives of Tide Swimming and what are their salaries?
The average compensation at Tide Swimming during 2023 was $13,658. There are 70 employees and 750 volunteers at Tide Swimming.
Here are 11 key members and their salaries:
- Compensation: $105,590
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- Other: $0
- Compensation: $74,375
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Official website here: www.tideswimming.com
Where can I find the form 990 for Tide Swimming?
Tide Swimming's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tideswimming.com
Learn more at the official website: www.tideswimming.com
Mission Statement of Tide Swimming
Tide Swimming, a prominent swimming organization, aims to establish a culture that empowers every swimmer, coach, and parent, fostering significant experiences in both life and sport through TEAM. This mission is centered around the belief that swimming and athletics can serve as a powerful tool for personal growth and development. The team emphasizes the importance of a collective spirit, where every individual contributes to the overall success and well-being of the group.
By fostering this culture, Tide Swimming strives to provide its members with meaningful experiences that extend beyond the swimming pool. This mission is not just limited to swimming competitions; it encompasses the overall development and personal growth of each swimmer, coach, and parent. The team's approach to swimming and athletics is holistic, recognizing the role of sports in shaping individuals' lives and character.
During the 2021-2022 competition year, Tide Swimming demonstrated its commitment to this mission. The team had an average of 630 swimmers enrolled across all programs, reflecting its wide reach and impact. Tide Swimming also achieved Silver Medal Recognition in USA Swimming's Club Excellence Program, a testament to its high standards and dedication to its mission. Furthermore, the team's swimmers placed 2nd overall at both the Virginia Swimming Senior Championships and Virginia Swimming Age Group Championships, showcasing their competitive spirit and teamwork. Tide Swimming also hosted 8 USA Swimming Sanctioned meets during the year, providing ample opportunities for its swimmers to compete and grow.
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Impact
July, 2024
Tide Swimming's impact is evident in its ability to empower athletes, coaches, and parents to have meaningful experiences in both life and sport through TEAM. The team's commitment to creating a positive and supportive culture has resulted in numerous successes, including achieving Silver Medal Recognition in USA Swimming's Club Excellence Program. Additionally, Tide Swimming's performance at competitions such as the Virginia Swimming Senior Championships and Virginia Swimming Age Group Championships showcases their dedication and skill. By hosting multiple USA Swimming Sanctioned meets throughout the year, Tide Swimming not only promotes the sport of swimming but also provides opportunities for athletes to showcase their talents.
This information is meant to be a general summary of Tide Swimming. 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 2023.
- Investment Income: $24,322
- Program Service Revenue: $1,610,307
- Gross Receipts: $1,662,204
Assets and Liabilities:
- Total Assets: $1,736,319
- Total Liabilities: $169,465
- Net Assets: $1,566,854
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$1,098,217
Swim Meets
Revenue
$230,580
Swim School
Revenue
$281,510
Organization Details
Founding Year
1994
Principal Officer
Jennifer Huelsberg
Website
www.tideswimming.comNTEE Category
Code: N670 - Recreation
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