Overview
What is Katy Aquatic Team For Youth Inc?
Katy Aquatic Team For Youth Inc, operating under the name Katy Aquatics, is a nonprofit organization located in Katy, Texas. With a team of 66 employees, their primary mission is to offer a top-tier aquatics program, fostering the growth of its members as athletes and individuals in a secure and encouraging environment. Their swim team caters to various age groups and abilities, emphasizing proper breathing techniques and stroke mechanics, guided by coaches who are members of the American Swimming Coaches Association (ASCA). During the current fiscal year, an average of 454 swimmers participate in this program each month.
Official website here: www.katyaquatics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Katy Aquatic Team For Youth Inc has received a two-star rating from Charity Navigator, indicating that there are areas for improvement in their accountability and finance practices. The organization has scored 73% overall, which reflects a solid program expense ratio of 90.19%, suggesting that most of its funds are directed towards its programs. Additionally, the majority of the board members are independent, which can enhance governance.
However, there are significant weaknesses that detract from their overall rating. Notably, the organization has not provided financial statements or posted its tax form on its website, which raises concerns about transparency. Furthermore, essential governance policies such as a whistleblower policy and a document retention and destruction policy are missing, which could hinder accountability.
Overall, while the Katy Aquatic Team For Youth shows promise in program spending and board independence, the lack of transparency and missing governance policies are critical areas that need addressing to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Katy Aquatic Team For Youth Inc legitimate?
Katy Aquatic Team For Youth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katy Aquatic Team For Youth 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: $112,888
Professional Fundraising Fees: $0
Other Salaries and Wages: $739,713
For more financial information, click here
Official website here: www.katyaquatics.org
What is the mission statement of Katy Aquatic Team For Youth Inc?
The Katy Aquatic Team For Youth Inc's mission is centered around providing a top-notch aquatics program. This program aims to foster the full potential of its members not just as athletes, but as individuals as well. It strives to create a safe and positive environment where learning and growth can flourish. The team focuses on teaching swimming skills and coaching techniques for swimmers of all ages and abilities. The Katy Aquatic Team, as a swim club, is committed to developing the physical and mental aspects of its members, always striving for excellence. The coaching staff, members of the American Swimming Coaches Association (ASCA), are proficient in proper breathing and stroke mechanics. During the current fiscal year, an average of 454 swimmers were enrolled in this program each month.
Official website here: www.katyaquatics.org
Who is the CEO of Katy Aquatic Team For Youth Inc?
Davis Peden is the President of Katy Aquatic Team For Youth Inc.
Official website here: www.katyaquatics.org
What is the revenue of Katy Aquatic Team For Youth Inc?
Katy Aquatic Team For Youth Inc's revenue in 2022 was $1,864,998.
Official website here: www.katyaquatics.org
Who are the executives of Katy Aquatic Team For Youth Inc and what are their salaries?
The average compensation at Katy Aquatic Team For Youth Inc during 2022 was $12,918. There are 66 employees and 450 volunteers at Katy Aquatic Team For Youth Inc.
Here are 11 key members and their salaries:
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- Compensation: $95,940
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- Other: $6,393
Official website here: www.katyaquatics.org
Where can I find the form 990 for Katy Aquatic Team For Youth Inc?
Katy Aquatic Team For Youth Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.katyaquatics.org
Learn more at the official website: www.katyaquatics.org
Mission Statement of Katy Aquatic Team For Youth Inc
Katy Aquatic Team For Youth Inc, as a nonprofit organization, is dedicated to providing a world-class aquatics program. Their mission is to foster the full potential of each member, both as athletes and individuals, in a secure and positive environment. By offering teaching and coaching instruction for individuals of all ages and abilities, Katy aims to develop the minds and bodies of its members, always striving for excellence. The coaches associated with Katy Aquatics Team For Youth Inc are members of the American Swimming Coaches Association (ASCA) and possess expertise in proper breathing techniques and stroke mechanics. During the current fiscal year, an average of 454 swimmers enrolled in this program each month, demonstrating the organization's commitment to its mission.
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Impact
July, 2024
Katy Aquatic Team For Youth Inc's impact is profound as it provides a world-class aquatics program for all members to develop their full potential as athletes and individuals in a safe and positive environment. With a focus on teaching and coaching instruction for all ages and abilities, this swim team aims to develop both the minds and bodies of its participants for future athletic training while continually striving for excellence. The coaches, who are members of the American Swimming Coaches Association (ASCA), are experts in proper breathing and stroke mechanics, ensuring that each swimmer receives high-quality training. On average, 454 swimmers are enrolled in this program each month, highlighting the significant reach and impact of Katy Aquatic Team For Youth Inc in Katy, TX.
This information is meant to be a general summary of Katy Aquatic Team For Youth 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: $256
- Program Service Revenue: $1,610,734
- Gross Receipts: $1,871,374
Assets and Liabilities:
- Total Assets: $1,830,057
- Total Liabilities: $142,420
- Net Assets: $1,687,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COACHING FEES - SWIM TEAM
Revenue
$769,836
COACHING FEES - LEARN TO SWIM
Revenue
$384,805
MEET FEES
Revenue
$261,603
REGISTRATION AND FEES
Revenue
$124,452
OTHER PROGRAM ACTIVITIES
Revenue
$70,038
Organization Details
Founding Year
1986
Phone
(281) 391-7200Principal Officer
Davis Peden
Main Address
1806 AVE D SUITE 103, KATY, TX, 77493
Website
www.katyaquatics.orgNTEE Category
Code: N67 - Recreation
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