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Aggie Swim Club

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

EIN: 742791978 ✦ College station, TX ✦ Designated as a 501(c)(3)

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Overview

What is Aggie Swim Club?

The Aggie Swim Club is a nonprofit organization situated in College Station, Texas. Its primary mission is to educate, instruct, and train children between the ages of 5 and 21 in the sport of competitive swimming, with a charitable and educational purpose. They offer reduced monthly membership fees to families in need, utilizing the free/reduced federal lunch program as a qualifier for the Aggie Swim Club Outreach program. In 2022, the club had 12 outreach swimmers participating. The organization employs a team of 21 individuals.


Official website here: www.aggieswimclub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 29%

The Aggie Swim Club has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 29%, the organization shows strengths in governance features, such as having a majority independent board and maintaining proper documentation of board meeting minutes, yet lacks in several key financial areas.

There are critical shortcomings noted, particularly in financial transparency and management. The organization scored zero points in crucial categories such as financial statements and program expense ratio, which suggests potential issues in reporting and fund allocation. Additionally, the absence of conflict of interest and whistleblower policies raises concerns about governance practices.

While the club does adhere to some best practices in board independence and asset management, these strengths are overshadowed by its lack of financial accountability and transparency. Donors and stakeholders may want to consider these factors seriously when assessing support for the Aggie Swim Club, as indicated by the low ratings in essential operational areas.


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

Is Aggie Swim Club legitimate?

Aggie Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aggie Swim Club 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: $128,104

For more financial information, click here


Official website here: www.aggieswimclub.org

What is the mission statement of Aggie Swim Club?

The Aggie Swim Club is established with charitable and educational goals, primarily focusing on children between the ages of 5 and 21. Its main objective is to educate, instruct, and train these young individuals in the sport of competitive swimming. The club aims to enhance the capabilities of these children, fostering their growth and development in this particular field. The Aggie Swim Club also offers an Outreach Program, providing reduced membership fees to families in need, utilizing the free/reduced federal lunch program as a qualifier. In 2022, the club catered to 12 outreach swimmers through this program.


Official website here: www.aggieswimclub.org

Who is the CEO of Aggie Swim Club?

Henry Clark is the Administrator of Aggie Swim Club.


Official website here: www.aggieswimclub.org

What is the revenue of Aggie Swim Club?

Aggie Swim Club's revenue in 2022 was $718,514.


Official website here: www.aggieswimclub.org

Who are the executives of Aggie Swim Club and what are their salaries?

The average compensation at Aggie Swim Club during 2022 was $6,100. There are 21 employees and 150 volunteers at Aggie Swim Club.


Here are 5 key members and their salaries:


Shannon Clark (Administrator)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Steve Bultman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Clark (President / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Holmes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Dawson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aggieswimclub.org

Where can I find the form 990 for Aggie Swim Club?

Aggie Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aggieswimclub.org

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

Mission Statement of Aggie Swim Club

Aggie Swim Club, a non-profit organization, is dedicated to charitable and educational pursuits, primarily focusing on the development of children between the ages of 5 and 21 in the sport of competitive swimming. The club's mission is to educate, instruct, and train these young individuals, aiming to enhance their capabilities in this specific field. Through this process, Aggie Swim Club strives to provide an enriching experience that fosters personal growth and skill development.

To make this opportunity accessible to a wider range of families, Aggie Swim Club has an Outreach Program. This initiative offers reduced membership fees to families in need, using the free/reduced federal lunch program as a qualification criteria. In 2022, the Outreach Program accommodated 12 swimmers, demonstrating the club's commitment to inclusivity and equal access to competitive swimming opportunities. This mission to educate, train, and empower young swimmers, coupled with the Outreach Program, sets Aggie Swim Club apart as a non-profit organization that values both athletic excellence and social equity.

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Impact




July, 2024

Aggie Swim Club's impact is significant in the community of College Station, Texas. Through its Outreach Program, the club provides opportunities for children ages 5 - 21 to receive education, instruction, and training in competitive swimming. This program specifically aims to support families in need by offering reduced monthly membership fees to those who qualify based on the free/reduced federal lunch program. In 2022, Aggie Swim Club had 12 outreach swimmers benefitting from this initiative. By focusing on youth development through the sport of swimming, Aggie Swim Club is making a tangible difference in the lives of young individuals in College Station.




This information is meant to be a general summary of Aggie Swim Club. 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
$718,514 (2022)
Expenses
$682,361 (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: $718,514
  • Gross Receipts: $718,514

Assets and Liabilities:

  • Total Assets: $233,902
  • Total Liabilities: $0
  • Net Assets: $233,902

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Programs

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

Swim Meet Entry Fees

Revenue

$374,548

Membership Fees

Revenue

$343,966

Organization Details

Founding Year

1996

Principal Officer

Henry Clark

Main Address

PO Box 10596, College Station, TX, 77842

NTEE Category

Code: O99 - Youth development

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