Overview
What is Utah Valley Aquatics Inc?
Utah Valley Aquatics Inc, located in Provo, Utah, is a dedicated nonprofit organization that focuses on nurturing the abilities, aspirations, and discipline of young swimmers. Their mission is achieved through various means, including providing consistent and engaging workouts, offering competitive swimming opportunities, fostering positive relationships, and hiring skilled coaches to help swimmers excel. The organization, which employs 29 individuals, hosts competitive youth swim meets, contributing to the overall development of the swimmers both within and beyond the pool.
Official website here: www.uvrays.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Utah Valley Aquatics Inc has garnered a Three-Star rating from Charity Navigator, indicating a generally positive assessment of its accountability and financial health. The organization achieved an impressive score in several key areas, including a 100% rating for having an independent board and no material diversion of assets, showing a strong governance structure.
The nonprofit excels in its financial management, with a program expense ratio of 93.14%, suggesting that a significant portion of its funds is directed towards its mission-related activities. Additionally, the organization has demonstrated transparency by posting its tax form on its website, which is crucial for public trust and accountability.
However, there are notable gaps in certain policies, such as the absence of a conflict of interest policy and a whistleblower policy, which could raise concerns regarding governance practices. Despite these limitations, the organization maintains a strong financial footing with a liabilities to assets ratio of 0.00%, highlighting its fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Utah Valley Aquatics Inc legitimate?
Utah Valley Aquatics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Valley 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: $37,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,572
For more financial information, click here
Official website here: www.uvrays.org
What is the mission statement of Utah Valley Aquatics Inc?
Utah Valley Aquatics Inc's mission is centered around fostering the growth of each swimmer, both personally and athletically. This is achieved through various means, including providing consistent and engaging workouts, offering competitive opportunities, building positive relationships, and hiring and retaining coaches who encourage excellence. The organization aims to help swimmers set and achieve their goals, fostering their ability, desire, and discipline to succeed both in and out of the pool.
Official website here: www.uvrays.org
Who is the CEO of Utah Valley Aquatics Inc?
Grant Skabelund is the Treasurer of Utah Valley Aquatics Inc.
Official website here: www.uvrays.org
What is the revenue of Utah Valley Aquatics Inc?
Utah Valley Aquatics Inc's revenue in 2022 was $456,434.
Official website here: www.uvrays.org
Who are the executives of Utah Valley Aquatics Inc and what are their salaries?
The average compensation at Utah Valley Aquatics Inc during 2022 was $6,154. There are 29 employees and 400 volunteers at Utah Valley Aquatics Inc.
Here are 8 key members and their salaries:
- Compensation: $37,904
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.uvrays.org
Where can I find the form 990 for Utah Valley Aquatics Inc?
Utah Valley Aquatics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uvrays.org
Learn more at the official website: www.uvrays.org
Mission Statement of Utah Valley Aquatics Inc
Utah Valley Aquatics Inc, a nonprofit organization, is committed to fostering the growth and development of each swimmer. Their mission is achieved through several strategies. Firstly, they provide consistent and engaging workouts, along with competitive opportunities, to help swimmers improve their abilities and discipline both in and out of the pool. Secondly, they focus on building positive relationships within the swimming community. Thirdly, Utah Valley Aquatics Inc hires and retains coaches who are dedicated to giving swimmers every chance to excel. Lastly, they encourage setting and achieving personal goals, empowering swimmers to reach their full potential. In essence, Utah Valley Aquatics Inc strives to create an environment where swimmers can thrive, both in their swimming journey and beyond.
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Impact
July, 2024
Utah Valley Aquatics Inc has a significant impact on the youth in Provo, UT, by teaching, training, and developing them for competitive swimming. Through its focus on fostering each swimmer's ability, desire, and discipline to achieve their potential both in and out of the pool, Utah Valley Aquatics provides engaging workouts, competitive opportunities, positive relationships, and goal-setting strategies. By hosting competitive youth swim meets and employing dedicated coaches, this organization plays a crucial role in empowering young swimmers to strive for excellence and reach their full potential in the sport.
This information is meant to be a general summary of Utah Valley 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 2022.
- Investment Income: $440
- Program Service Revenue: $429,778
- Gross Receipts: $474,286
Assets and Liabilities:
- Total Assets: $379,302
- Total Liabilities: $0
- Net Assets: $379,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES AND FEES
Revenue
$411,362
MEET FEES
Revenue
$18,416
Organization Details
Founding Year
2010
Phone
(801) 473-7889Principal Officer
Grant Skabelund
Main Address
PO BOX 1964, PROVO, UT, 84603
Website
www.uvrays.orgNTEE Category
Code: N67 - Recreation
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