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Highlands Ranch Aquatics Club Inc

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

EIN: 841474092 ✦ Highlands ranch, CO ✦ Designated as a 501(c)(3)

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Overview

What is Highlands Ranch Aquatics Club Inc?

Highlands Ranch Aquatics Club Inc, located in Highlands Ranch, Colorado, is a nonprofit organization dedicated to the development of individual swimmers within a team-oriented structure. With a focus on safety, positivity, and challenge, the club provides an environment that guides athletes from aspiration to achievement. The organization aims to expand its membership base to become a prominent program both in Colorado and nationwide. The mission of Highlands Ranch Aquatics Club Inc is to promote the sport of swimming, fostering good sportsmanship, team spirit, and physical and mental conditioning for swimmers at all levels, from beginner to national competitions. The club currently employs 24 individuals.


Official website here: www.hraswim.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 69%)

Highlands Ranch Aquatics Club Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 69%. The organization shows some strengths, particularly in governance, with 100% of its board members being independent and a solid liabilities to assets ratio of 8.53%. Additionally, the club invests its resources effectively, boasting a program expense ratio of 100%, indicating that all its expenses are directed towards its programs.

However, the organization faces significant limitations in transparency and accountability. Notably, it lacks financial statements and key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. Furthermore, while the organization does maintain minutes from board meetings, it has failed to post its tax form on its website, which could limit public access to important financial information.

Overall, while Highlands Ranch Aquatics Club Inc demonstrates a commitment to its mission through program spending, its governance practices and transparency measures require improvement to foster greater trust and accountability within the community.


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

Is Highlands Ranch Aquatics Club Inc legitimate?

Highlands Ranch Aquatics Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Ranch 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: $98,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,846

For more financial information, click here


Official website here: www.hraswim.org

What is the mission statement of Highlands Ranch Aquatics Club Inc?

Highlands Ranch Aquatics Club Inc's mission involves establishing and maintaining a year-round program that fosters good sportsmanship, team spirit, and both physical and mental conditioning for competitive swimming, catering to swimmers from beginner to national levels. The club's goal is to provide a secure, positive, and challenging learning environment, guiding each swimmer from aspirations to achievements. Furthermore, Highlands Ranch Aquatics aims to expand its membership base to become a model program, not just within Colorado, but also in the United States. Lastly, the club strives to promote swimming in the Highlands Ranch area and beyond, within the Greater Denver Metro Area.


Official website here: www.hraswim.org

Who is the CEO of Highlands Ranch Aquatics Club Inc?

Jennifer Jackson is the President of Highlands Ranch Aquatics Club Inc.


Official website here: www.hraswim.org

What is the revenue of Highlands Ranch Aquatics Club Inc?

Highlands Ranch Aquatics Club Inc's revenue in 2022 was $897,341.


Official website here: www.hraswim.org

Who are the executives of Highlands Ranch Aquatics Club Inc and what are their salaries?

The average compensation at Highlands Ranch Aquatics Club Inc during 2022 was $15,252. There are 24 employees at Highlands Ranch Aquatics Club Inc.


Here are 6 key members and their salaries:


David Kerscher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Konrad Rogers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Feldmen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Heydt (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bocci (Head Coach)
  • Compensation: $98,200
  • Related: $0
  • Other: $0


Official website here: www.hraswim.org

Where can I find the form 990 for Highlands Ranch Aquatics Club Inc?

Highlands Ranch Aquatics Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hraswim.org

Learn more at the official website: www.hraswim.org

Mission Statement of Highlands Ranch Aquatics Club Inc

Highlands Ranch Aquatics Club Inc has established and maintained a year-round program with a focus on promoting good sportsmanship, team spirit, and the physical and mental conditioning of competitive swimmers, ranging from beginners to national level athletes. The mission of this club is to develop each individual swimmer within a team-oriented structure. Objectives of the program include providing a safe, positive, and challenging learning environment, guiding members from aspiration to achievement, and building club membership to establish Highlands Ranch Aquatics as a model program both within Colorado and the United States. The club aims to promote swimming in the Highlands Ranch area and beyond, contributing to the broader Denver metropolitan community.

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Impact




July, 2024

Highlands Ranch Aquatics Club Inc has a significant impact on the community by providing a year-round program that promotes good sportsmanship, team spirit, and physical and mental conditioning for competitive swimming at all levels. Their mission is to develop individual athletes within a team-oriented structure, guiding each athlete from aspiration to achievement. By offering a safe, positive, and challenging learning environment, Highlands Ranch Aquatics Club aims to build its membership base and become a model program in Colorado and the United States. Additionally, they actively promote the sport of swimming in Highlands Ranch and the greater Denver metro area.




This information is meant to be a general summary of Highlands Ranch 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.

Revenue
$897,341 (2022)
Expenses
$944,774 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $836,699
  • Gross Receipts: $910,216

Assets and Liabilities:

  • Total Assets: $278,745
  • Total Liabilities: $23,824
  • Net Assets: $254,921

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SWIM REGISTRATION FEES

Revenue

$513,451

FACILITY FEE

Revenue

$105,010

TRAVEL REIMBURSEMENTS

Revenue

$79,687

MEET ENTRY REIMBURSEME

Revenue

$59,686

NEW SWIMMER REGISTRATI

Revenue

$43,093

Organization Details

Founding Year

1998

Principal Officer

Jennifer Jackson

Main Address

9249 S BROADWAY 200-182, HIGHLANDS RANCH, CO, 80129

NTEE Category

Code: N67 - Recreation

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