Overview
What is Dallas Mustangs Swim Club Inc?
Dallas Mustangs Swim Club Inc, based in Dallas, Texas, is a nonprofit organization dedicated to offering structured swimming programs and training for youth aged 6 to 18. The club, with a team of 19 employees, provides professional coaching and consistent pool access, aligning with its mission. The primary objective of Dallas Mustangs Swim Club Inc is to enhance the swimming abilities of its young members, teaching them various strokes, starts, and turns, and fostering speed and endurance for competitive swimming. The club's membership fees are commensurate with the benefits received by its members.
Official website here: www.dmswim.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
Dallas Mustangs Swim Club Inc has received a 69% rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores particularly well in areas such as board independence and material management of assets, which are critical indicators of effective governance. However, there are significant gaps in their policies related to conflict of interest, whistleblower protections, and document retention, which could affect their operational transparency.
The program expense ratio is notably high at 95.93%, suggesting that the majority of their expenses are allocated towards the programs they run rather than administrative costs. This is a strong point for the organization, reflecting its commitment to its mission of providing quality swimming education and opportunities. Nonetheless, the lack of critical policies may raise concerns among potential donors regarding how the organization manages risks and maintains accountability.
Overall, while Dallas Mustangs Swim Club Inc demonstrates strengths in financial management and program dedication, the absence of key governance policies points to areas in need of improvement for better operational integrity and donor confidence. Addressing these limitations could enhance their overall rating and community trust.
This AI summary has been generated from information found on Charity Navigator.
Is Dallas Mustangs Swim Club Inc legitimate?
Dallas Mustangs Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Mustangs Swim 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: $316,673
For more financial information, click here
Official website here: www.dmswim.com
What is the mission statement of Dallas Mustangs Swim Club Inc?
Dallas Mustangs Swim Club Inc's mission is centered around the development of competitive swimmers between the ages of 6 and 18. Their objective is to teach essential swimming techniques such as strokes, starts, and turns, while enhancing speed and endurance. The club's mission is carried out through structured youth swimming programs and training, providing professional coaching and consistent pool access to its members. The membership fee is commensurate with the benefits received by the swimmers.
Official website here: www.dmswim.com
Who is the CEO of Dallas Mustangs Swim Club Inc?
Danna Arnold is the President of Dallas Mustangs Swim Club Inc.
Official website here: www.dmswim.com
What is the revenue of Dallas Mustangs Swim Club Inc?
Dallas Mustangs Swim Club Inc's revenue in 2022 was $741,584.
Official website here: www.dmswim.com
Who are the executives of Dallas Mustangs Swim Club Inc and what are their salaries?
The average compensation at Dallas Mustangs Swim Club Inc during 2022 was $16,667. There are 19 employees and 325 volunteers at Dallas Mustangs Swim Club Inc.
Here are 8 key members and their salaries:
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- Other: $0
- Compensation: $7,200
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- Other: $0
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- Compensation: $144,389
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- Other: $4,332
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- Other: $0
Official website here: www.dmswim.com
Where can I find the form 990 for Dallas Mustangs Swim Club Inc?
Dallas Mustangs Swim Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmswim.com
Learn more at the official website: www.dmswim.com
Mission Statement of Dallas Mustangs Swim Club Inc
Dallas Mustangs Swim Club Inc is dedicated to fostering the development of swimmers between the ages of 6 and 18. Their mission is to instruct these young athletes in essential swimming techniques such as strokes, starts, and turns. Additionally, they aim to cultivate speed, endurance, and competitive spirit in these swimmers. The organization accomplishes this by providing structured swimming programs and training in the Dallas area. Membership in Dallas Mustangs Swim Club Inc offers numerous benefits, including professional coaching and consistent pool access, all aligned with the organization's mission.
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Impact
July, 2024
The Dallas Mustangs Swim Club Inc directly impacts the youth in the Dallas, TX area by providing structured swimming programs and training for young swimmers aged 6-18. Through professional coaching and access to pools, the organization focuses on developing the swimming skills, speed, and endurance of its members for competitive purposes. By offering these opportunities, the Dallas Mustangs Swim Club Inc plays a vital role in nurturing the talent and potential of young swimmers in the community, contributing to their physical fitness, competitive spirit, and overall personal growth.
This information is meant to be a general summary of Dallas Mustangs Swim 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9
- Program Service Revenue: $740,908
- Gross Receipts: $741,584
Assets and Liabilities:
- Total Assets: $200,021
- Total Liabilities: $150
- Net Assets: $199,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
YOUTH SWIMMING & TRAINING
Revenue
$691,925
HOSTED MEET INCOME
Revenue
$36,428
TEAM EVENTS
Revenue
$12,555
Organization Details
Founding Year
1986
Principal Officer
Danna Arnold
Main Address
PO BOX 810768, DALLAS, TX, 75381
Website
www.dmswim.comNTEE Category
Code: N84 - Recreation
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