Overview
What is Santa Maria Swim Club Inc?
Santa Maria Swim Club Inc is a nonprofit organization, situated in Santa Maria, California, with a postal address. The primary goal of this organization is to foster physical fitness among children by offering swim instruction and competitive swimming opportunities. By doing so, they aim to positively impact around 250 local youths. The club is staffed by a team of seven dedicated individuals.
Official website here: www.santamariaswim.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Santa Maria Swim Club Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is entirely based on its accountability and finance metrics, where it scored 90%. This rating signifies that the organization practices a high level of transparency and responsible financial management.
Among its organizational strengths, the swim club boasts a fully independent board, which comprises 10 out of 10 independent members. It also demonstrates no material diversion of assets and maintains a low liabilities-to-assets ratio of 0.05%, showcasing its strong financial health. Furthermore, the charity has a high program expense ratio of 97.79%, indicating that a significant portion of its expenses is directed toward its programs.
However, it is worth noting that the organization is missing a whistleblower policy, which could be a limitation in terms of governance practices. Despite this, the swim club has well-documented policies regarding conflict of interest and records retention. Overall, Santa Maria Swim Club Inc stands out as a financially responsible and accountable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Maria Swim Club Inc legitimate?
Santa Maria Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Maria 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: $68,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,935
For more financial information, click here
Official website here: www.santamariaswim.com
What is the mission statement of Santa Maria Swim Club Inc?
Santa Maria Swim Club Inc's mission is centered around promoting physical fitness for approximately 250 local children. They achieve this goal primarily through swim instruction. The organization also emphasizes the importance of encouraging a healthy lifestyle, extending beyond just swimming, thereby contributing to the overall well-being of these children.
Official website here: www.santamariaswim.com
What is the revenue of Santa Maria Swim Club Inc?
Santa Maria Swim Club Inc's revenue in 2023 was $505,532.
Official website here: www.santamariaswim.com
Who are the executives of Santa Maria Swim Club Inc and what are their salaries?
The average compensation at Santa Maria Swim Club Inc during 2023 was $11,574. There are 15 employees and 150 volunteers at Santa Maria Swim Club Inc.
Here are 7 key members and their salaries:
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- Compensation: $68,675
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- Other: $0
Official website here: www.santamariaswim.com
Where can I find the form 990 for Santa Maria Swim Club Inc?
Santa Maria Swim Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.santamariaswim.com
Learn more at the official website: www.santamariaswim.com
Mission Statement of Santa Maria Swim Club Inc
Santa Maria Swim Club Inc, as a nonprofit organization, is committed to promoting physical fitness among approximately 250 local children. Their mission is twofold: firstly, they aim to provide swimming instruction, helping these children enhance their swimming skills. Secondly, they strive to foster a culture of physical fitness, encouraging these young individuals to lead active and healthy lives. By offering swim instruction and promoting competition, Santa Maria Swim Club Inc seeks to make a positive impact on the physical well-being of the area's children.
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Impact
July, 2024
Santa Maria Swim Club Inc has a positive impact on the community of Santa Maria, CA by providing swimming instruction and promoting physical fitness for approximately 250 area children. Through its programs, the club helps children learn essential swimming skills and encourages them to stay active and healthy. By emphasizing the importance of physical fitness through swim instruction and competition, Santa Maria Swim Club Inc contributes to the overall well-being and development of the children it serves.
This information is meant to be a general summary of Santa Maria 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 2023.
- Program Service Revenue: $321,109
- Gross Receipts: $554,559
Assets and Liabilities:
- Total Assets: $206,929
- Total Liabilities: $104
- Net Assets: $206,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership
Revenue
$299,662
Swim Meets
Revenue
$17,909
Swim Store
Revenue
$6,392
Less Swim Store exp
Revenue
-$7,504
Reimbursed expenses
Revenue
$4,650
Organization Details
Founding Year
1984
Principal Officer
John Edds
Website
www.santamariaswim.comNTEE Category
Code: N67Z - Recreation
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