Overview
What is Bellingham Bay Swim Team?
Bellingham Bay Swim Team is a nonprofit organization based in Bellingham, Washington. Their primary mission is to provide a supportive and positive environment for their members, encouraging excellence both in and out of the water. This is achieved through various activities such as swimming meets, coaching, training sessions, and facility rentals. The organization relies on membership support to cover these operational expenses. With a team of seven dedicated individuals, Bellingham Bay Swim Team strives to foster a culture of hard work and dedication among its members.
Official website here: www.bellinghambayswimteam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The Bellingham Bay Swim Team has received a score of 76%, earning it a Three-Star rating from Charity Navigator. This rating highlights the organization's strong emphasis on accountability and finance, reflecting a commitment to responsible financial practices and transparency. The scoring is based entirely on their performance in the Accountability & Finance beacon, illustrating a solid foundation in these critical areas.
One of the organization's strengths is its governance, with 100% of its board members being independent. This independence, combined with an appropriate board size of five members, suggests an effective oversight mechanism. Additionally, the swim team demonstrates prudent financial management, evidenced by a liabilities to assets ratio of 44.20% and an impressive program expense ratio of 98.52%, indicating that the majority of funds are directed toward its programs.
While the overall financial health appears strong, it is essential for potential donors and supporters to consider the broader impact of the organization's activities and outcomes. There are no reported material diversions of assets, and necessary documentation such as board meeting minutes is readily available, further enhancing the organization’s credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Bellingham Bay Swim Team legitimate?
Bellingham Bay Swim Team is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bellingham Bay Swim Team 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: $172,394
For more financial information, click here
Official website here: www.bellinghambayswimteam.org
What is the mission statement of Bellingham Bay Swim Team?
The Bellingham Bay Swim Team's mission is centered around providing a positive, supportive, and enjoyable environment that encourages excellence both in and out of the water. This is achieved through hard work and dedication. The team strives to promote this ethos, aiming to foster a sense of unity and improvement among its members. The primary focus is on nurturing the swimmers' abilities and character, fostering a holistic development.
Official website here: www.bellinghambayswimteam.org
Who is the CEO of Bellingham Bay Swim Team?
Chris Fuhrman is the Director of Bellingham Bay Swim Team.
Official website here: www.bellinghambayswimteam.org
What is the revenue of Bellingham Bay Swim Team?
Bellingham Bay Swim Team's revenue in 2022 was $466,797.
Official website here: www.bellinghambayswimteam.org
Who are the executives of Bellingham Bay Swim Team and what are their salaries?
The average compensation at Bellingham Bay Swim Team during 2022 was $24,628. There are 7 employees and 250 volunteers at Bellingham Bay Swim Team.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bellinghambayswimteam.org
Where can I find the form 990 for Bellingham Bay Swim Team?
Bellingham Bay Swim Team's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bellinghambayswimteam.org
Learn more at the official website: www.bellinghambayswimteam.org
Mission Statement of Bellingham Bay Swim Team
The Bellingham Bay Swim Team aims to establish a positive, supportive, and enjoyable atmosphere that encourages growth, both in and out of the water. This is achieved through hard work and dedication. The team's mission is to foster excellence, encouraging its members to reach their full potential in swimming and beyond.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bellingham Bay Swim Team fosters a community of excellence, dedication, and support within its members, empowering individuals to achieve their best both in and out of the water. Through hard work and a focus on promoting a positive environment, this team creates opportunities for swimmers to develop their skills and reach their full potential. The impact of Bellingham Bay Swim Team extends beyond the pool, instilling values of commitment and teamwork that benefit members in all aspects of their lives.
This information is meant to be a general summary of Bellingham Bay 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $220
- Program Service Revenue: $406,630
- Gross Receipts: $468,364
Assets and Liabilities:
- Total Assets: $226,407
- Total Liabilities: $100,081
- Net Assets: $126,326
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM GEAR
Revenue
$9,877
MEMBERSHIP DUES
Revenue
$291,959
MEETS HOSTED
Revenue
$78,529
TEAM TRAVEL
Revenue
$26,265
Organization Details
Founding Year
1995
Principal Officer
Chris Fuhrman
Main Address
PO BOX 5821, BELLINGHAM, WA, 98227
NTEE Category
Code: N60Z - Recreation
If you are a representative of Bellingham Bay Swim Team and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.