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Land O Lakes Lightning Swim Team

Florida Elite

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

EIN: 593268040 ✦ Lutz, FL ✦ Designated as a 501(c)(3)

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Overview

What is Land O Lakes Lightning Swim Team?

Land O Lakes Lightning Swim Team, functioning under the name Florida Elite, is a community-focused organization based in Lutz, Florida. With a team of 28 dedicated individuals, they primarily aim to teach swimming skills to approximately 150 children and youth. Beyond just swimming lessons, they promote the importance of living a healthy lifestyle. They operate as a swim team, serving as a motivational force and a platform for education on health and wellness. Their location is specified at 18865 State Road 54 STE 186, Lutz, FL 33558.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, Two-Star out of Four Stars

The Land O Lakes Lightning Swim Team holds a Two-Star rating from Charity Navigator, with an overall score of 67%. This score primarily reflects their performance in accountability and finance, indicating that while there are strengths, there is also room for improvement in other areas. The rating is derived solely from their accountability standards, suggesting a need for a more comprehensive evaluation that includes other performance metrics.

Strengths of the organization include a fully independent board, with 100% of board members meeting the criteria for independence. They also demonstrate responsible financial practices, as evidenced by their 0.00% liabilities to assets ratio and a program expense ratio of 100.00%, ensuring that all funds are directed towards their programs. Additionally, they maintain transparency by documenting board meeting minutes.

However, the charity's overall score suggests limitations in aspects of their operations that may not be captured in the financial metrics alone. While the high accountability score is commendable, the lack of a broader evaluation may imply that the organization could enhance its effectiveness and impact further.


This AI summary has been generated from information found on Charity Navigator.

Is Land O Lakes Lightning Swim Team legitimate?

Land O Lakes Lightning Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Land O Lakes Lightning Swim 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $323,561

For more financial information, click here

What is the mission statement of Land O Lakes Lightning Swim Team?

The Land O Lakes Lightning Swim Team serves as a community-based organization, with its primary mission being to instruct children and youth in swimming techniques. Beyond swimming lessons, the team also encourages and educates its members on the importance of maintaining a healthy lifestyle. In the past year, they have successfully taught approximately 150 children and youth the fundamentals of swimming and the significance of leading a healthy life.

Who is the CEO of Land O Lakes Lightning Swim Team?

Michael Spielberger is the President of Land O Lakes Lightning Swim Team.

What is the revenue of Land O Lakes Lightning Swim Team?

Land O Lakes Lightning Swim Team's revenue in 2022 was $581,352.

Who are the executives of Land O Lakes Lightning Swim Team and what are their salaries?

The average compensation at Land O Lakes Lightning Swim Team during 2022 was $11,556. There are 28 employees at Land O Lakes Lightning Swim Team.


Here are 4 key members and their salaries:


Stephen Swenson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Spielberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Scharfield (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Land O Lakes Lightning Swim Team?

Land O Lakes Lightning Swim Team's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Land O Lakes Lightning Swim Team

Land O'Lakes Lightning Swim Team is a community-focused organization, dedicated to teaching children and youth the vital skill of swimming. Beyond swimming lessons, the team also encourages a culture of healthy living, serving as a motivational force for its members. The mission of this esteemed team is to instill in its members the importance of swimming and a healthier lifestyle, thus contributing positively to their overall development.

Throughout its operations, Land O'Lakes Lightning Swim Team has successfully taught swimming to approximately 150 children and youth, imparting not only a life-saving skill but also fostering confidence and discipline in its students. In addition to swimming lessons, the team emphasizes the benefits of living a healthy lifestyle, inspiring its members to adopt healthier habits and lead well-rounded lives. The team's mission extends beyond swimming, making a significant impact on the physical, mental, and emotional well-being of its members.

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Impact




July, 2024

The Land O Lakes Lightning Swim Team has made a significant impact by teaching approximately 150 children and youth how to swim and promoting the importance of healthy living. Through its community swim team, it has provided valuable skills and knowledge to the youth in Lutz, FL, helping them stay active and learn essential life-saving abilities in the water. The team's commitment to education, motivation, and recreation has undoubtedly contributed to the overall well-being of the community's children and youth.




This information is meant to be a general summary of Land O Lakes Lightning Swim 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
$581,352 (2022)
Expenses
$548,828 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $581,352
  • Gross Receipts: $581,352

Assets and Liabilities:

  • Total Assets: $124,955
  • Total Liabilities: $0
  • Net Assets: $124,955

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Programs

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

Classes

Revenue

$581,352

Organization Details

Founding Year

1995

Principal Officer

Michael Spielberger

Main Address

18865 State Road 54 STE 186, Lutz, FL, 33558

NTEE Category

Code: N67Z - Recreation

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