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Carolina Aquatic Team

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

EIN: 571135280 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Carolina Aquatic Team?

Carolina Aquatic Team is a Durham, North Carolina-based swim organization dedicated to promoting amateur swimming competitions. With a strong focus on fostering this sport, the team attracts over 200 individuals annually, who engage in rigorous training sessions and participate in numerous regional and national meets. The team's mission extends to providing opportunities for swimmers to showcase their skills, grow, and compete at various levels.


Official website here: www.carolinaaquaticteam.com

Is Carolina Aquatic Team legitimate?

Carolina Aquatic Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Aquatic Team 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: $46,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,095

For more financial information, click here


Official website here: www.carolinaaquaticteam.com

What is the mission statement of Carolina Aquatic Team?

The Carolina Aquatic Team, situated beyond specific location details, is committed to nurturing amateur swimming competitions. Their mission involves providing a platform for over 200 swimmers annually, encouraging them to train and participate in numerous regional and national meets. By doing so, they contribute to fostering a competitive swimming environment and promoting the sport on a broader scale.


Official website here: www.carolinaaquaticteam.com

Who is the CEO of Carolina Aquatic Team?

Josh Weaver is the Vice Preside of Carolina Aquatic Team.


Official website here: www.carolinaaquaticteam.com

What is the revenue of Carolina Aquatic Team?

Carolina Aquatic Team's revenue in 2022 was $445,530.


Official website here: www.carolinaaquaticteam.com

Who are the executives of Carolina Aquatic Team and what are their salaries?

The average compensation at Carolina Aquatic Team during 2022 was $8,474. There are 15 employees at Carolina Aquatic Team.


Here are 2 key members and their salaries:


Josh Weaver (Vice Preside)
  • Compensation: $46,008
  • Related: $0
  • Other: $0
Matt Schonwalder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.carolinaaquaticteam.com

Where can I find the form 990 for Carolina Aquatic Team?

Carolina Aquatic Team's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.carolinaaquaticteam.com

Learn more at the official website: www.carolinaaquaticteam.com

Mission Statement of Carolina Aquatic Team

Carolina Aquatic Team, as a swim team, is dedicated to promoting amateur swimming competitions. Their primary mission is to provide a platform for over 200 swimmers to train and showcase their skills in various regional and national meets throughout the year. By fostering this competitive environment, the team encourages the development of swimming abilities and fosters a sense of camaraderie among its members.

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Impact




October, 2024

Carolina Aquatic Team fosters amateur swimming competition, significantly impacting the local community in Durham, NC. With over 200 swimmers participating annually, the team provides valuable training and competition opportunities that enhance athletic skills and promote physical fitness.

The rigorous training regimens contribute to the development of discipline, teamwork, and perseverance among athletes. Additionally, participating in regional and national meets not only showcases their skills but also cultivates a sense of community and camaraderie among swimmers.

The initiative encourages youth engagement in sports, helping to build confidence and reduce barriers to participation in competitive swimming. Through its mission, Carolina Aquatic Team plays a crucial role in nurturing the growth of swimming as a sport, while promoting healthy lifestyles and fostering a passion for aquatic competition.




This information is meant to be a general summary of Carolina Aquatic Team. 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
$445,530 (2022)
Expenses
$417,703 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $441,635
  • Gross Receipts: $445,530

Assets and Liabilities:

  • Total Assets: $89,851
  • Total Liabilities: $9,820
  • Net Assets: $80,031

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Programs

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

FEES & TUITION

Revenue

$271,430

ATTEND MEET INCOME

Revenue

$57,054

HOST MEET INCOME

Revenue

$39,928

MASTERS INCOME (NET)

Revenue

$26,015

REGISTRATION INCOME

Revenue

$23,130

Organization Details

Founding Year

2002

Principal Officer

Josh Weaver

Main Address

4619 MYERS PARK DR, DURHAM, NC, 27705

NTEE Category

Code: N67 - Recreation

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