Overview
What is Carolina Swims Foundation?
Carolina Swims Foundation is a nonprofit organization situated in Chapel Hill, North Carolina, specifically at 924 Pinehurst Drive. Their primary mission is to extend the opportunity for swimming lessons to children and adults who may lack the means to learn this essential life skill. By offering pool rentals and providing swim lessons, the foundation aims to equip these individuals with life-saving skills. This initiative not only prevents drownings but also contributes to the overall development of the children, enhancing their mental and physical capabilities. The foundation's mission, "Giving the Gift of Swim," encapsulates its vision to empower underprivileged children and foster care recipients through the medium of swimming.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Stars (10%)
The Carolina Swims Foundation has received a very low rating of 10% from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization has not demonstrated a majority of independent board members, which raises potential issues regarding governance and oversight. Additionally, many essential policies, including conflict of interest and whistleblower policies, are missing, contributing to its low score.
The program expense ratio of 46.41% indicates that less than half of the foundation's expenditures are directed towards its programs, which may raise questions about its efficiency and effectiveness in fulfilling its charitable mission. The absence of critical documents, such as board meeting minutes and tax forms on its website, further exacerbates transparency issues that potential donors and stakeholders may find concerning.
Overall, the Carolina Swims Foundation faces notable challenges in terms of accountability and financial management as highlighted by its zero-star rating from Charity Navigator. This rating serves as a caution for potential donors regarding the organization's operational practices and governance structure.
This AI summary has been generated from information found on Charity Navigator.
Is Carolina Swims Foundation legitimate?
Carolina Swims Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carolina Swims Foundation 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: $0
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What is the mission statement of Carolina Swims Foundation?
The Carolina Swims Foundation's mission is centered around providing the priceless gift of swimming lessons to children in foster care and those financially unable, thereby equipping them with essential life-saving skills. This initiative not only strengthens their physical abilities but also fosters mental mastery. The foundation's primary objective is to prevent drownings while enhancing overall well-being through swimming. In order to accomplish this, they arrange pool rentals, offering a platform for individuals who cannot swim to acquire this crucial skill.
Who is the CEO of Carolina Swims Foundation?
Sarah Chaires is the President of Carolina Swims Foundation.
What is the revenue of Carolina Swims Foundation?
Carolina Swims Foundation's revenue in 2022 was $15,291.
Who are the executives of Carolina Swims Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Carolina Swims Foundation?
Carolina Swims Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carolina Swims Foundation
Carolina Swims Foundation, in its mission, strives to present the priceless gift of swimming to children in foster care and those financially unable to afford lessons. By offering swim lessons, the organization aims to equip these children with essential life-saving skills, thereby enhancing their confidence and personal growth, both mentally and physically. Additionally, Carolina Swims Foundation seeks to minimize the risk of drownings within this community. To achieve this noble objective, the foundation rents out swimming pools, enabling individuals who are not proficient swimmers to learn and master this vital skill.
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Impact
August, 2024
Carolina Swims Foundation has a significant impact on the community by providing life-saving swim lessons to children in foster care and those who cannot afford them. Through their "Gift of Swim" program, they equip children with essential swimming skills that not only prevent drownings but also help them build mastery in their lives both mentally and physically. This initiative not only enhances the safety of these children but also contributes to their overall development and well-being. By offering pool rentals for those who cannot swim, Carolina Swims Foundation is actively working to ensure that individuals of all ages have the opportunity to learn this vital skill. Through their dedication to youth development, the foundation is making a tangible difference in the lives of those they serve in Chapel Hill, NC.
This information is meant to be a general summary of Carolina Swims Foundation. 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.
- Gross Receipts: $15,291
Assets and Liabilities:
- Total Assets: $10,171
- Total Liabilities: $0
- Net Assets: $10,171
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Organization Details
Founding Year
2016
Phone
(919) 593-4974Principal Officer
Sarah Chaires
Main Address
924 PINEHURST DRIVE, CHAPEL HILL, NC, 27517
NTEE Category
Code: O50 - Youth development
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