Overview
What is Hanover Aquatics Inc?
Hanover Aquatics Inc is a nonprofit organization situated in Mechanicsville, Virginia. Their primary mission is to foster a passion for competitive swimming, instilling dedication, determination, and a lifelong love for swimming. They strive to create an environment where swimmers can reach their full potential, compete at their highest level, and learn valuable life lessons. The organization is committed to developing a strong team spirit among swimmers, coaches, and families, encouraging and supporting each other's goals. Hanover Aquatics also prioritizes safety, providing a secure environment for its members. With a team of 13 dedicated individuals, they work tirelessly to build a program of excellence in training, team spirit, and character development, all with the support of families.
Official website here: www.gomotionapp.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
Hanover Aquatics Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various operational aspects. The organization demonstrates strength in its governance with 100% independent board members and a strong program expense ratio of 97.07%, showcasing a commitment to its mission. However, the organization faces significant challenges in transparency, as it lacks financial statements and critical policies related to whistleblowing and document retention.
While the organization has a robust structure in terms of board independence and a favorable liabilities to assets ratio of 23.64%, the absence of essential financial documentation and policies raises concerns about accountability. Moreover, the nonprofit’s failure to post its tax form on its website limits access to vital financial information for donors and stakeholders, which could impact trust and support.
In summary, while Hanover Aquatics Inc shows promise in governance and program expenses, its lack of transparency and essential financial documentation are considerable limitations that need to be addressed to improve its overall standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Hanover Aquatics Inc legitimate?
Hanover Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hanover 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: $73,234
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,072
For more financial information, click here
Official website here: www.gomotionapp.com
What is the mission statement of Hanover Aquatics Inc?
Hanover Aquatics Inc's mission is centered around providing top-notch training through experienced coaching, allowing swimmers to reach their full potential and compete at their highest level. They aim to foster a dynamic team spirit among swimmers, coaches, and families, encouraging and supporting each other's goals. The organization believes in using swimming as a medium to teach valuable life lessons, instilling traits like high character that translate into success both in and out of the water. Safety, support, and strength are also prioritized through competitive swimming. Their vision is to instill dedication, determination, and a lifelong love of swimming, while building a program marked by excellence in training, team spirit, and character development, all within a safe environment.
Official website here: www.gomotionapp.com
Who is the CEO of Hanover Aquatics Inc?
Chris Minton is the Coach of Hanover Aquatics Inc.
Official website here: www.gomotionapp.com
What is the revenue of Hanover Aquatics Inc?
Hanover Aquatics Inc's revenue in 2023 was $544,481.
Official website here: www.gomotionapp.com
Who are the executives of Hanover Aquatics Inc and what are their salaries?
The average compensation at Hanover Aquatics Inc during 2023 was $14,485. There are 13 employees and 224 volunteers at Hanover Aquatics Inc.
Here are 10 key members and their salaries:
- Compensation: $58,567
- Related: $0
- Other: $0
- Compensation: $14,667
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gomotionapp.com
Where can I find the form 990 for Hanover Aquatics Inc?
Hanover Aquatics Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gomotionapp.com
Learn more at the official website: www.gomotionapp.com
Mission Statement of Hanover Aquatics Inc
Hanover Aquatics Inc is dedicated to providing exceptional training opportunities for swimmers, enabling them to reach their full potential and compete at their highest level. The organization fosters a dynamic team spirit, encouraging and supporting one another's goals among swimmers, coaches, and families alike. Hanover Aquatics Inc believes in the transformative power of swimming, using it to teach valuable life lessons that foster high character, contributing to successes both in and out of the water. Moreover, the organization prioritizes safety, support, and strength through the sport of swimming, providing a secure environment for all involved.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Hanover Aquatics Inc makes a significant impact on its community by providing a platform for competitive swimmers to excel in their sport. Their mission focuses on professional coaching to help swimmers reach their full potential and compete at the highest level. Additionally, the organization emphasizes the development of team spirit, support for each other's goals, and teaching valuable life lessons through swimming to build high character in its participants. By instilling dedication, determination, and a love for swimming, Hanover Aquatics Inc is creating a program of excellence with a safe environment for swimmers to thrive.
This information is meant to be a general summary of Hanover 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $472,922
- Gross Receipts: $546,546
Assets and Liabilities:
- Total Assets: $92,067
- Total Liabilities: $21,768
- Net Assets: $70,299
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SWIM PROGRAMS AND FEES
Revenue
$288,839
SWIM MEETS
Revenue
$184,083
Organization Details
Founding Year
1995
Phone
(804) 730-4076Principal Officer
Chris Minton
Main Address
PO BOX 1886, MECHANICSVILLE, VA, 23116
Website
www.gomotionapp.comNTEE Category
Code: N67 - Recreation
If you are a representative of Hanover Aquatics Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.