Overview
What is New Albany Aquatics Club Inc?
New Albany Aquatics Club Inc is a community-based swimming organization located in New Albany, Ohio. With a team of 17 dedicated individuals, they offer competitive swimming programs that cater to both local residents and the surrounding areas. The club's objective is to nurture and promote excellence in competitive swimming at the local, state, and national levels. Their activities are focused on providing a supportive environment for swimmers, encouraging their growth and development in the sport. The club operates as a nonprofit, contributing to the swimming community in New Albany, Ohio.
Official website here: www.newalbanyaquatics.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
The New Albany Aquatics Club Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating is based entirely on the Accountability & Finance beacon, indicating the organization demonstrates a strong commitment to responsible financial management. Key strengths include having a fully independent board and high scores in areas such as financial statement review and program expense ratios.
The organization excels in accountability with 100% of its board members being independent, which is a strong indicator of governance quality. Additionally, the club has a low liabilities-to-assets ratio of 28.73%, indicating fiscal health and sustainability. The program expense ratio is also impressive at 96.60%, suggesting that a significant majority of funds are directed toward its direct programs and services.
However, the organization faced some limitations, particularly in its policies. A conflict of interest policy, whistleblower policy, and document retention and destruction policy are all missing, which could raise concerns about transparency and ethical governance. Despite these gaps, the overall financial health and management practices position the New Albany Aquatics Club Inc as a reliable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is New Albany Aquatics Club Inc legitimate?
New Albany Aquatics Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Albany Aquatics 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: $73,762
Professional Fundraising Fees: $0
Other Salaries and Wages: $209,892
For more financial information, click here
Official website here: www.newalbanyaquatics.com
What is the mission statement of New Albany Aquatics Club Inc?
The New Albany Aquatics Club Inc's mission is centered around providing a community swim club that encourages competitive swimming. This club extends its programs to local residents and surrounding areas, with the primary objective of nurturing excellence in swimming at both local, state, and national levels. The club aims to foster a competitive spirit and help swimmers reach their full potential.
Official website here: www.newalbanyaquatics.com
Who is the CEO of New Albany Aquatics Club Inc?
Dave Wharton is the President of New Albany Aquatics Club Inc.
Official website here: www.newalbanyaquatics.com
What is the revenue of New Albany Aquatics Club Inc?
New Albany Aquatics Club Inc's revenue in 2022 was $564,763.
Official website here: www.newalbanyaquatics.com
Who are the executives of New Albany Aquatics Club Inc and what are their salaries?
The average compensation at New Albany Aquatics Club Inc during 2022 was $16,686. There are 17 employees and 10 volunteers at New Albany Aquatics Club Inc.
Here are 8 key members and their salaries:
- Compensation: $73,762
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.newalbanyaquatics.com
Where can I find the form 990 for New Albany Aquatics Club Inc?
New Albany Aquatics Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newalbanyaquatics.com
Learn more at the official website: www.newalbanyaquatics.com
Mission Statement of New Albany Aquatics Club Inc
New Albany Aquatics Club Inc, a community swim club, is dedicated to providing competitive swimming opportunities for residents and individuals from surrounding areas. The club's mission is to foster excellence in swimming at local, state, and national levels. By offering a range of swimming programs, New Albany Aquatics Club Inc aims to encourage and nurture the talent of young swimmers, ultimately preparing them for success on a larger stage. The club's objective is to promote the spirit of competition and camaraderie within the swimming community, while simultaneously fostering personal growth and development in its members.
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Impact
July, 2024
The New Albany Aquatics Club Inc has a significant impact on the community of New Albany, Ohio, by providing a platform for individuals to develop their skills and compete in the sport of swimming. Its programs are not only open to residents of New Albany but also to those in surrounding areas, offering the opportunity for swimmers to excel at the local, state, and national levels. Through its focus on fostering excellence in competitive swimming, the club plays a vital role in shaping the athletic abilities and personal growth of its members.
This information is meant to be a general summary of New Albany Aquatics 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.
- Program Service Revenue: $564,763
- Gross Receipts: $564,763
Assets and Liabilities:
- Total Assets: $161,412
- Total Liabilities: $32,356
- Net Assets: $129,056
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING GROUPS
Revenue
$425,939
MEET FEE INCOME
Revenue
$74,463
ANNUAL DEPOSITS
Revenue
$27,100
USA CARD INCOME
Revenue
$20,908
OTHER INCOME
Revenue
$10,467
Organization Details
Founding Year
2005
Phone
(614) 577-5776Principal Officer
Dave Wharton
Main Address
PO BOX 716, NEW ALBANY, OH, 43054
Website
www.newalbanyaquatics.comNTEE Category
Code: N67 - Recreation
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