Colorado Springs Swim Team

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 841086110 ✦ Peyton, CO ✦ Designated as a 501(c)(3)

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Overview

What is Colorado Springs Swim Team?

The Colorado Springs Swim Team is a nonprofit organization situated in Peyton, Colorado. Its primary focus is on offering swim training and lessons, achieved through various programs encompassing swim meets, practice sessions, and competitions. Beyond these aquatic activities, the team also handles administrative operations to ensure smooth functioning. The organization's mission is to foster swimming skills and promote a love for the sport within its community.


Official website here: www.csstswimming.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Stars)

The Colorado Springs Swim Team has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The score is derived entirely from their accountability and finance metrics, reflecting a commitment to transparency and effective governance. Notably, the organization boasts 100% independent board members, which is a strong indicator of good governance practices.

Strengths include a high program expense ratio of 93.47%, suggesting that a significant portion of their funds is allocated directly to their programs. Additionally, the organization has no reported material diversion of assets, and they have successfully documented their board meeting minutes. However, there are areas of concern, including the absence of essential policies like conflict of interest, whistleblower, and document retention policies, which could pose risks to governance integrity.

Overall, while the Colorado Springs Swim Team demonstrates a commendable level of financial accountability, the missing policies highlight potential vulnerabilities in their operational practices. Addressing these gaps could enhance their overall rating and reinforce confidence among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Colorado Springs Swim Team legitimate?

Colorado Springs Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Springs Swim Team submitted a form 990EZ, 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.


Official website here: www.csstswimming.com

What is the mission statement of Colorado Springs Swim Team?

The Colorado Springs Swim Team's mission is centered around providing swim training and lessons to individuals through various programs. These programs encompass swim meets, practice sessions, and competitions. Beyond these aquatic activities, the team also oversees administrative operations. In essence, the Colorado Springs Swim Team is dedicated to fostering swimming skills and managing the necessary administrative aspects associated with such a program.


Official website here: www.csstswimming.com

Who is the CEO of Colorado Springs Swim Team?

Luke Schumm is the President of Colorado Springs Swim Team.


Official website here: www.csstswimming.com

What is the revenue of Colorado Springs Swim Team?

Colorado Springs Swim Team's revenue in 2022 was $5,094.


Official website here: www.csstswimming.com

Who are the executives of Colorado Springs Swim Team and what are their salaries?


Here are 2 key members and their salaries:


Luke Schumm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Leach (Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.csstswimming.com

Where can I find the form 990EZ for Colorado Springs Swim Team?

Colorado Springs Swim Team's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.csstswimming.com

Learn more at the official website: www.csstswimming.com

Mission Statement of Colorado Springs Swim Team

The Colorado Springs Swim Team is dedicated to providing swim training and lessons to individuals through various programs. These programs encompass swim meets, practice sessions, and competitions. Beyond these swimming-centric activities, the team also manages administrative operations, ensuring smooth operations and coordination. In essence, the Colorado Springs Swim Team's mission is to facilitate the development and enhancement of swimming skills among its members, while also overseeing the operational aspects of the organization.

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Impact




August, 2024

The impact of the Colorado Springs Swim Team is seen in its ability to provide high-quality swim training and lessons to individuals in the Peyton, CO area. Through their various programs, including swim meets, practice sessions, and competitions, the team is able to develop swimmers' skills and foster a love for the sport of swimming. By offering these opportunities, the Colorado Springs Swim Team not only promotes physical fitness and healthy lifestyle choices but also helps individuals build confidence, discipline, and teamwork skills. Overall, the team's impact is positively influencing the lives of individuals in the community through the sport of swimming.




This information is meant to be a general summary of Colorado Springs Swim Team. 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.

Revenue
$5,094 (2022)
Expenses
$27,350 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,182
  • Gross Receipts: $5,094

Assets and Liabilities:

  • Total Assets: $55,481
  • Total Liabilities: $0
  • Net Assets: $55,481

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Organization Details

Principal Officer

Luke Schumm

Main Address

10211 EVENING VISTA DR, PEYTON, CO, 808318321

NTEE Category

Code: N67 - Recreation

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