Overview
What is Cor Swimming Association?
The Cor Swimming Association, a United States Swimming affiliated club, is situated in Richardson, Texas. With a mission to develop, educate, and empower young individuals, the organization has a strong focus on competitive swimming. This nonprofit organization, employing a team of 12, serves over 190 swimmers, helping them in their pursuit of leadership and personal growth through swimming. The Cor Swimming Association is dedicated to nurturing the potential of its members, providing an environment that fosters learning and achievement.
Official website here: www.corswim.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Star rating.
Cor Swimming Association has received a Two-Star rating, indicating some strengths as well as significant areas for improvement. The organization boasts a fully independent board, which is a positive sign for accountability, scoring a perfect 8 out of 8 in that category. Additionally, the program expense ratio is impressive at 94.58%, suggesting that a substantial majority of its expenses go directly towards its programs.
However, the rating also points out critical weaknesses, particularly in transparency and governance policies. The absence of financial statements, a conflict of interest policy, a whistleblower policy, and a document retention policy all contribute to the low accountability score of 69. Furthermore, the nonprofit has not posted its tax form on its website, which raises concerns about financial transparency.
Overall, while Cor Swimming Association demonstrates a strong commitment to program spending and governance structure through its independent board, the lack of essential policies and documentation could hinder its overall effectiveness and trustworthiness in the eyes of potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cor Swimming Association legitimate?
Cor Swimming Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cor Swimming Association 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: $460,896
For more financial information, click here
Official website here: www.corswim.org
What is the mission statement of Cor Swimming Association?
The Cor Swimming Association, following its stated mission, focuses on cultivating, educating, and empowering its youth in their pursuit of leadership and achievement in life. This is achieved primarily through swimming. As an affiliate of USA Swimming, the club offers competitive swimming lessons to over 190 swimmers, providing them with a platform to grow both personally and athletically.
Official website here: www.corswim.org
Who is the CEO of Cor Swimming Association?
Emily Broad is the Secretary of Cor Swimming Association.
Official website here: www.corswim.org
What is the revenue of Cor Swimming Association?
Cor Swimming Association's revenue in 2022 was $802,764.
Official website here: www.corswim.org
Who are the executives of Cor Swimming Association and what are their salaries?
The average compensation at Cor Swimming Association during 2022 was $38,408. There are 12 employees and 200 volunteers at Cor Swimming Association.
Here are 5 key members and their salaries:
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Official website here: www.corswim.org
Where can I find the form 990 for Cor Swimming Association?
Cor Swimming Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.corswim.org
Learn more at the official website: www.corswim.org
Mission Statement of Cor Swimming Association
Cor Swimming Association, a United States Swimming-affiliated club, is dedicated to nurturing, enlightening, and empowering its youth members in their pursuit of leadership and accomplishment in life. This is achieved primarily through swimming. The club's mission is to provide a platform for competitive swimming instruction, encouraging personal growth and development in its over 190 swimmers. By fostering an environment that promotes teamwork, discipline, and perseverance, Cor Swimming Association aims to prepare its young members for success in various aspects of life beyond the swimming pool.
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Impact
July, 2024
Cor Swimming Association's impact is profound as it serves as a platform for over 190 swimmers to develop important life skills such as leadership, achievement, and empowerment through the sport of swimming. The club's dedication to youth development is evident in its mission to educate and empower young individuals, shaping them into future leaders both in and out of the pool. The association's commitment to teaching competitive swimming not only fosters a love for the sport but also instills essential values that can have a lasting impact on the lives of its members.
This information is meant to be a general summary of Cor Swimming Association. 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.
- Program Service Revenue: $761,549
- Gross Receipts: $802,764
Assets and Liabilities:
- Total Assets: $129,577
- Total Liabilities: $0
- Net Assets: $129,577
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES & ASSESSMENTS
Revenue
$670,643
SWIM MEETS/EVENTS
Revenue
$90,906
Organization Details
Principal Officer
Emily Broad
Main Address
PO BOX 835412, RICHARDSON, TX, 750835412
Website
www.corswim.orgNTEE Category
Code: N67 - Recreation
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