Razorback Aquatic Club Inc

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

EIN: 710648441 ✦ Springdale, AR ✦ Designated as a 501(c)(3)

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Overview

What is Razorback Aquatic Club Inc?

Razorback Aquatic Club Inc, based in Springdale, Arkansas, is a dedicated nonprofit organization committed to fostering an interest and education in swimming. Their primary objective is to enhance the sport of swimming, promote good sportsmanship, and instill essential life skills. The club has achieved notable accomplishments throughout the year, including hosting twelve swim meets, multiple athletes excelling in state-level competitions, and several achieving success at the national level. Furthermore, their swim school reaches over a thousand students, providing valuable lessons and summer league opportunities. The Razorback Aquatic Club Inc is also dedicated to promoting competitive swimming on local, regional, and national levels, and emphasizing aquatic activities and safety as integral parts of a healthy lifestyle.


Official website here: www.aquahawgs.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star Rating

Razorback Aquatic Club Inc has received a 77% score from Charity Navigator, resulting in a Three-Star rating. This score is based entirely on accountability and finance, indicating that the organization maintains a solid financial standing and governance structure. The high percentage of independent board members and the absence of material diversion of assets reflect a commitment to transparency and ethical management practices.

The club demonstrates a strong commitment to its financial health, evidenced by an impressive program expense ratio of 95.49%, indicating that a significant portion of its funds is directed towards its core programming. Additionally, the club has established robust governance policies, including a conflict of interest and a whistleblower policy, which are crucial for maintaining accountability and trust within the organization.

However, while the financial aspects are commendable, the summary does not provide insights into the club's programmatic impact or community engagement. Potential supporters may want to consider how these financial practices translate into effective programming and outcomes for the community served. Overall, Razorback Aquatic Club Inc appears to be a well-managed organization with a strong focus on accountability.


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

Is Razorback Aquatic Club Inc legitimate?

Razorback Aquatic Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Razorback Aquatic Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,034

For more financial information, click here


Official website here: www.aquahawgs.org

What is the mission statement of Razorback Aquatic Club Inc?

The Razorback Aquatic Club Inc, as a not-for-profit organization, is committed to enhancing, fostering, and advocating for the sport of swimming. Its primary objectives include stimulating interest, awareness, and education in swimming, nurturing swim skills, sportsmanship, individual integrity, leadership, and a positive team environment amongst its club swimmers. The club also encourages competitive swimming at local, regional, and national levels. Furthermore, Razorback Aquatic Club Inc promotes aquatic activities and safety as integral components of a healthy lifestyle.


Official website here: www.aquahawgs.org

Who is the CEO of Razorback Aquatic Club Inc?

Joe Bussell is the Dir. Of Oper of Razorback Aquatic Club Inc.


Official website here: www.aquahawgs.org

What is the revenue of Razorback Aquatic Club Inc?

Razorback Aquatic Club Inc's revenue in 2023 was $630,825.


Official website here: www.aquahawgs.org

Who are the executives of Razorback Aquatic Club Inc and what are their salaries?

The average compensation at Razorback Aquatic Club Inc during 2023 was $8,611. There are 41 employees and 5 volunteers at Razorback Aquatic Club Inc.


Here are 5 key members and their salaries:


John Moseley (Dir. Of Oper)
  • Compensation: $70,777
  • Related: $0
  • Other: $0
Kevin Springate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Bussell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Sexton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Wicklund (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aquahawgs.org

Where can I find the form 990 for Razorback Aquatic Club Inc?

Razorback Aquatic Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.aquahawgs.org

Learn more at the official website: www.aquahawgs.org

Mission Statement of Razorback Aquatic Club Inc

The Razorback Aquatic Club Inc, a not-for-profit corporation, is committed to enhancing, advancing, and celebrating the sport of swimming. Its primary purpose is threefold: firstly, to stimulate interest, understanding, and knowledge about swimming; secondly, to foster the development of swimming skills, good sportsmanship, individual integrity, leadership, and a positive team atmosphere among its members; and lastly, to promote competitive swimming at local, regional, and national levels. Furthermore, the Razorback Aquatic Club Inc advocates for aquatic activities and safety as integral components of a healthy lifestyle. By engaging in these activities, the club aims to empower its swimmers, instilling in them a sense of camaraderie and dedication to their craft.

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Impact




July, 2024

Razorback Aquatic Club Inc has a significant impact on the sport of swimming in its community. By promoting swim skills, good sportsmanship, and individual integrity, the club fosters a positive team atmosphere for all its swimmers. Through its competitive swim meets at local, regional, and national levels, the club not only enhances the interest and awareness of swimming but also provides opportunities for athletes to showcase their talent. Additionally, Razorback Aquatic Club's focus on aquatic activities and safety contributes to promoting a healthy lifestyle among its members. Overall, the club's dedication to the improvement and progress of swimming makes a lasting impact on the lives of its participants.




This information is meant to be a general summary of Razorback Aquatic Club 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.

Revenue
$630,825 (2023)
Expenses
$712,929 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $27
  • Program Service Revenue: $630,798
  • Gross Receipts: $630,825

Assets and Liabilities:

  • Total Assets: $84,406
  • Total Liabilities: $0
  • Net Assets: $84,406

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Programs

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

TRAINING FEES

Revenue

$247,447

MEET FEES

Revenue

$170,635

SWIM SCHOOL

Revenue

$144,729

MISC INCOME

Revenue

$67,987

Organization Details

Founding Year

1987

Principal Officer

Joe Bussell

Main Address

PO BOX 7062, SPRINGDALE, AR, 727667062

NTEE Category

Code: N67 - Recreation

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