Overview
What is Raleigh Area Masters?
Raleigh Area Masters is a nonprofit organization situated in Raleigh, North Carolina, specifically at 7920 Kingsland Drive. Their primary focus is to champion swimming, achieving this by renting lanes from city pools and providing coaching services. The mission of Raleigh Area Masters is multifaceted, encompassing the promotion of health, fitness, competition, and masters swimming for adults within their community. With a modest team of three employees, they strive to foster an environment that empowers adult swimmers, encouraging personal growth and athletic development.
Official website here: www.swimram.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects the charity's strong performance in the Accountability & Finance beacon, indicating a commitment to transparency and responsible financial management. The score is primarily based on factors such as board independence and financial health.
The Raleigh Area Masters demonstrates significant strengths, including a fully independent board comprised of 12 members and no reported material diversion of assets. Their program expense ratio is impressive, with nearly all expenses directed toward programs (99.67%), which suggests effective use of funds to achieve their mission. Additionally, the organization has made its tax form accessible on their website, enhancing transparency.
However, there are notable limitations that affect their overall score. The charity lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These omissions could raise concerns about governance and accountability practices. Addressing these gaps could strengthen their standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Raleigh Area Masters legitimate?
Raleigh Area Masters is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raleigh Area Masters 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: $7,006
For more financial information, click here
Official website here: www.swimram.org
What is the mission statement of Raleigh Area Masters?
The Raleigh Area Masters, as an organization, is committed to advocating for the health, fitness, and competitive swimming opportunities for adults in the community. Their mission is to encourage and facilitate these activities, renting lanes from city pools and offering coaching services to support swimmers. The group's objective is to promote masters swimming as a means of maintaining physical well-being and providing a platform for competition among adults.
Official website here: www.swimram.org
Who is the CEO of Raleigh Area Masters?
Evia Nelson is the President of Raleigh Area Masters.
Official website here: www.swimram.org
What is the revenue of Raleigh Area Masters?
Raleigh Area Masters's revenue in 2022 was $70,591.
Official website here: www.swimram.org
Who are the executives of Raleigh Area Masters and what are their salaries?
The average compensation at Raleigh Area Masters during 2022 was $2,335. There are 3 employees and 25 volunteers at Raleigh Area Masters.
Here are 12 key members and their salaries:
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Official website here: www.swimram.org
Where can I find the form 990 for Raleigh Area Masters?
Raleigh Area Masters's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swimram.org
Learn more at the official website: www.swimram.org
Mission Statement of Raleigh Area Masters
Raleigh Area Masters, a nonprofit organization, is dedicated to advocating for the health, fitness, and competitive spirit of adults in the community through masters swimming. Their primary mission is to encourage and facilitate the practice of swimming among adults, offering both fitness and competition opportunities. To achieve this, the group secures lanes from local city pools and provides qualified coaches to guide and support its members. By promoting masters swimming, Raleigh Area Masters aims to contribute to the overall well-being and engagement of adults in their community.
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Impact
August, 2024
Raleigh Area Masters promotes health, fitness, competition, and masters swimming for adults in the community by providing access to swimming facilities, coaching, and opportunities to engage in the sport. Their impact is evident in the improved physical well-being and swimming skills of individuals who participate in their programs. Additionally, they contribute to the overall recreational and fitness options available to adults in Raleigh, NC, fostering a culture of active living and community engagement.
This information is meant to be a general summary of Raleigh Area Masters. 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: $8
- Program Service Revenue: $70,583
- Gross Receipts: $70,591
Assets and Liabilities:
- Total Assets: $22,378
- Total Liabilities: $0
- Net Assets: $22,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP & PRACTICE
Revenue
$45,730
SWIM MEET FEES
Revenue
$24,853
Organization Details
Founding Year
1982
Phone
(919) 788-9208Principal Officer
Evia Nelson
Main Address
7920 KINGSLAND DRIVE, RALEIGH, NC, 27613
Website
www.swimram.orgNTEE Category
Code: N67 - Recreation
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