Overview
What is Wahoo Aquatic Club Inc?
Wahoo Aquatic Club Inc, located in Charleston, South Carolina, is a year-round swim team committed to fostering the holistic development of its members. Through dedicated coaches and a positive environment, the club offers each swimmer the chance to reach their full potential. The club's approach goes beyond traditional swimming techniques, also addressing parallels between swimming obstacles and those in everyday life, helping swimmers plan for success and navigate failures. The Wahoo Aquatic Club's mission is to instill a lifelong love of swimming and build a program of excellence in training, team unity, character development, and family support, ensuring every swimmer has the opportunity to compete at the highest level.
Official website here: www.wahooaquaticclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star rating).
Wahoo Aquatic Club Inc received a low score of 44%, reflecting significant concerns regarding its accountability and financial practices. The rating is primarily derived from its lack of financial transparency, as it scored zero points in the financial statements category, indicating that no financial statements were provided for review. However, the organization does exhibit strengths such as having a fully independent board, which is crucial for governance and oversight.
Despite the positive aspects of board independence, the organization has notable weaknesses, including missing key policies such as conflict of interest and whistleblower protections. Additionally, the liabilities to assets ratio is concerning at 291.44%, which suggests financial instability that could impact its operations and sustainability. The program expense ratio of 62.11% does indicate that a majority of its expenditures are allocated towards its stated mission, yet this alone does not mitigate the overall financial and governance issues highlighted in the assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Wahoo Aquatic Club Inc legitimate?
Wahoo Aquatic Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wahoo Aquatic 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: $197,838
For more financial information, click here
Official website here: www.wahooaquaticclub.org
What is the mission statement of Wahoo Aquatic Club Inc?
The mission of Wahoo Aquatic Club Inc, as stated, is to foster a lifelong love for swimming and establish a program of excellence in training, team unity, character development, and family support. This club aims to provide each swimmer with the opportunity to achieve their potential and compete at the highest level. The approach is holistic, addressing both swimming-specific skills like stroke technique and physical readiness, as well as life lessons, such as planning for success and navigating failure. The club strives to create a positive environment under the guidance of highly engaged coaches.
Official website here: www.wahooaquaticclub.org
Who is the CEO of Wahoo Aquatic Club Inc?
Kate Mettler is the Board Member of Wahoo Aquatic Club Inc.
Official website here: www.wahooaquaticclub.org
What is the revenue of Wahoo Aquatic Club Inc?
Wahoo Aquatic Club Inc's revenue in 2022 was $557,375.
Official website here: www.wahooaquaticclub.org
Who are the executives of Wahoo Aquatic Club Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.wahooaquaticclub.org
Where can I find the form 990 for Wahoo Aquatic Club Inc?
Wahoo Aquatic Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wahooaquaticclub.org
Learn more at the official website: www.wahooaquaticclub.org
Mission Statement of Wahoo Aquatic Club Inc
Wahoo Aquatic Club Inc, a year-round swim team, is dedicated to fostering a lifelong love for swimming and building a program of excellence. The club aims to provide an environment that nurtures each swimmer's potential, encouraging them to compete at the highest level. Beyond swimming techniques and physical readiness, Wahoo Aquatic Club Inc emphasizes team unity, character development, and family support. By focusing on the whole child and creating a positive environment, the club strives to help swimmers overcome obstacles, both in and out of the pool, preparing them for success and teaching them how to navigate failure.
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Impact
July, 2024
Wahoo Aquatic Club Inc's impact lies in instilling a lifelong love of swimming and fostering a program of excellence in training, team unity, character development, and family support. By providing a positive and engaging environment, highly dedicated coaches, and opportunities for each swimmer to reach their full potential, the club not only focuses on enhancing stroke technique and physical readiness but also on mental preparation and life skills. Through the Wahoo approach, swimmers learn how to plan for success, navigate failure, and draw parallels between challenges in swimming and those outside the pool. Located in Charleston, SC, Wahoo Aquatic Club Inc's mission is to ensure that every swimmer has the opportunity to achieve their highest potential and compete at the top level in the sport.
This information is meant to be a general summary of Wahoo Aquatic 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: $18
- Program Service Revenue: $557,357
- Gross Receipts: $557,375
Assets and Liabilities:
- Total Assets: $3,132
- Total Liabilities: $9,128
- Net Assets: -$5,996
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$557,357
Organization Details
Founding Year
2017
Phone
(847) 302-7832Principal Officer
Kate Mettler
Main Address
164 MARKET ST 307, CHARLESTON, SC, 29401
Website
www.wahooaquaticclub.orgNTEE Category
Code: N12 - Recreation
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