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Broomfield Barracudas Swim Club

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

EIN: 841488834 ✦ Broomfield, CO ✦ Designated as a 501(c)(3)

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Overview

What is Broomfield Barracudas Swim Club?

The Broomfield Barracudas Swim Club, situated in Broomfield, Colorado, is a dedicated organization focused on nurturing and honing the swimming skills of amateur swimmers. This nonprofit entity's primary objective is to provide a platform for training and development, ensuring swimmers reach their full potential. The club's activities are centered around this mission, making it an invaluable resource for aspiring swimmers in the community.


Official website here: www.teamcudas.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

The Broomfield Barracudas Swim Club has received a rating of 81%, indicating a solid performance in terms of accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, reflecting strong governance practices. Additionally, they have demonstrated prudent financial management with a low liabilities to assets ratio of 20% and an impressive program expense ratio of over 93%, ensuring that the majority of their funds are directed toward their programs.

Strengths of the organization include comprehensive policies that support ethical governance, such as a conflict of interest policy and a whistleblower policy, both of which are in place and publicly accessible. The club's commitment to transparency is also evident, as they provide documentation of board meeting minutes and have their website listed on their tax form. These factors contribute to the overall trustworthiness and integrity of the nonprofit.

While the organization has demonstrated many strengths, no significant limitations were noted in the available data. The high program expense ratio indicates a strong focus on delivering programs and services, which is a positive sign for donors and community members alike. Overall, the Broomfield Barracudas Swim Club appears to be a well-managed organization committed to its mission and the welfare of its participants.


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

Is Broomfield Barracudas Swim Club legitimate?

Broomfield Barracudas Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broomfield Barracudas Swim Club 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: $81,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,789

For more financial information, click here


Official website here: www.teamcudas.com

What is the mission statement of Broomfield Barracudas Swim Club?

The Broomfield Barracudas Swim Club is dedicated to training and nurturing the skills of amateur swimmers. Their mission is centered around fostering the development of swimmers, providing them with the necessary tools and guidance to excel in their swimming journey. This swimming league or club is committed to supporting swimmers in their pursuit of athletic excellence.


Official website here: www.teamcudas.com

Who is the CEO of Broomfield Barracudas Swim Club?

Ashley Amato is the President of Broomfield Barracudas Swim Club.


Official website here: www.teamcudas.com

What is the revenue of Broomfield Barracudas Swim Club?

Broomfield Barracudas Swim Club's revenue in 2022 was $669,547.


Official website here: www.teamcudas.com

Who are the executives of Broomfield Barracudas Swim Club and what are their salaries?

The average compensation at Broomfield Barracudas Swim Club during 2022 was $22,616. There are 12 employees and 250 volunteers at Broomfield Barracudas Swim Club.


Here are 8 key members and their salaries:


Stacie Bailey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathi Weaver (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Amato (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Schwartz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Brand (Head Coach)
  • Compensation: $81,599
  • Related: $0
  • Other: $0
Eric Adams (Associate Head Coach)
  • Compensation: $49,115
  • Related: $0
  • Other: $0
Renae Sungy (At Large Bd Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Saenz (At Large Bd Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teamcudas.com

Where can I find the form 990 for Broomfield Barracudas Swim Club?

Broomfield Barracudas Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teamcudas.com

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

Mission Statement of Broomfield Barracudas Swim Club

The Broomfield Barracudas Swim Club is dedicated to nurturing and honing the swimming abilities of amateur swimmers. As a swimming league or club based in Broomfield, Colorado, its primary mission is to provide a platform for swimmers to train and enhance their skills in the sport. The club is committed to fostering the growth and development of these swimmers, ensuring they reach their full potential in the world of amateur swimming.

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Impact




July, 2024

The Broomfield Barracudas Swim Club has a significant impact on the community by providing opportunities for amateur swimmers to train and develop their skills. Through their programs and coaching, the swim club helps individuals improve their swimming abilities, build confidence, and foster a sense of teamwork and sportsmanship. Participants benefit not only from physical fitness and skill development but also from the social connections and support networks that the club provides. Overall, the Broomfield Barracudas Swim Club plays a vital role in promoting healthy lifestyles, personal growth, and community engagement through the sport of swimming.




This information is meant to be a general summary of Broomfield Barracudas Swim Club. 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
$669,547 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Expenses
$605,193 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Efficiency
2011201220132014201520162017201820192020202120220%15%30%51%

Other financial information:

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

  • Investment Income: $159
  • Program Service Revenue: $648,001
  • Gross Receipts: $703,978

Assets and Liabilities:

  • Total Assets: $385,779
  • Total Liabilities: $64,760
  • Net Assets: $321,019

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$350,779

CUDA STAR MEET

Revenue

$25,591

CUDA CLASSIC

Revenue

$62,177

LONG COURSE STATE

Revenue

$57,945

SHOTGUN-DROZDA MEET

Revenue

$30,402

Organization Details

Founding Year

1975

Principal Officer

Ashley Amato

Main Address

PO Box 120, Broomfield, CO, 80038

NTEE Category

Code: N67 - Recreation

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