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Premier Aquatic Club Of Klein Inc

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

EIN: 912189912 ✦ Spring, TX ✦ Designated as a 501(c)(3)

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Overview

What is Premier Aquatic Club Of Klein Inc?

Premier Aquatic Club of Klein Inc. is a nonprofit organization situated in Spring, Texas. With a mission to cultivate future leaders, they facilitate dreams through perseverance and competition. Their primary focus is promoting and fostering competitive year-round swimming in the North Houston area. To make swimming accessible to families who may not otherwise afford it, the club offers reduced rates or even free swimming opportunities for children. Their team, comprising 12 individuals, works towards this mission, contributing to the development of young swimmers in the community.


Official website here: www.premieraquaticsclub.com

What are the reviews and ratings of this charity?

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

Premier Aquatic Club Of Klein Inc has received an 81% rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is based solely on their accountability metrics, indicating a focused approach to financial transparency and governance. The organization has a well-structured board, with 100% independent members, which contributes positively to its governance practices.

The club demonstrates excellent financial health, evidenced by a high program expense ratio of 91.78%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has no issues with asset diversion and maintains a low liabilities-to-assets ratio of 0.07%, signifying a solid financial foundation.

However, it is noteworthy that the club is missing a whistleblower policy, which could be an area for improvement in their governance framework. Despite this limitation, the organization’s overall accountability and transparency measures are commendable, showcasing their dedication to effective and responsible management of resources.


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

Is Premier Aquatic Club Of Klein Inc legitimate?

Premier Aquatic Club Of Klein Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Premier Aquatic Club Of Klein 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: $318,094

For more financial information, click here


Official website here: www.premieraquaticsclub.com

What is the mission statement of Premier Aquatic Club Of Klein Inc?

Premier Aquatic Club Of Klein Inc's mission statement is centered around nurturing future leaders by facilitating dreams through perseverance and competition. They promote and encourage competitive year-round swimming in the north Houston area. The club aims to cultivate resilience and competition among its members, playing a significant role in shaping their futures. Additionally, they offer reduced rate swimming or even free swimming opportunities for families who might not otherwise afford competitive swimming year-round. This initiative ensures that swimming remains an accessible option for talent, regardless of financial constraints.


Official website here: www.premieraquaticsclub.com

Who is the CEO of Premier Aquatic Club Of Klein Inc?

Kym Hoffpauir is the President of Premier Aquatic Club Of Klein Inc.


Official website here: www.premieraquaticsclub.com

What is the revenue of Premier Aquatic Club Of Klein Inc?

Premier Aquatic Club Of Klein Inc's revenue in 2022 was $849,242.


Official website here: www.premieraquaticsclub.com

Who are the executives of Premier Aquatic Club Of Klein Inc and what are their salaries?

The average compensation at Premier Aquatic Club Of Klein Inc during 2022 was $26,508. There are 12 employees at Premier Aquatic Club Of Klein Inc.


Here are 4 key members and their salaries:


Matt Sale (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Borello (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kym Hoffpauir (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Newton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.premieraquaticsclub.com

Where can I find the form 990 for Premier Aquatic Club Of Klein Inc?

Premier Aquatic Club Of Klein Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.premieraquaticsclub.com

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

Mission Statement of Premier Aquatic Club Of Klein Inc

Premier Aquatic Club of Klein Inc, in its mission, aims to nurture future leaders by fostering ambitions and perseverance through competition in swimming. The club promotes year-round competitive swimming in the North Houston area, offering an environment that encourages and supports swimmers' growth and development. Additionally, the club extends its support to families who may not otherwise be able to afford competitive swimming, providing reduced rate or even free swimming opportunities for their children. This commitment to inclusivity is a vital part of Premier Aquatic Club of Klein Inc's mission, ensuring that every aspiring swimmer has the chance to excel in the sport.

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Impact




July, 2024

Premier Aquatic Club Of Klein Inc cultivates tomorrow's leaders through perseverance and competition by promoting and fostering competitive year-round swimming in the North Houston area. They provide reduced-rate or free swimming opportunities to families who may not otherwise afford competitive swimming for their children. Their impact lies in allowing more children to participate in a valuable sport, helping them develop important life skills through athletic competition, and fostering a sense of community and teamwork among participants.




This information is meant to be a general summary of Premier Aquatic Club Of Klein 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
$849,242 (2022)
Expenses
$724,935 (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: $384,158
  • Gross Receipts: $849,242

Assets and Liabilities:

  • Total Assets: $502,121
  • Total Liabilities: $377
  • Net Assets: $501,744

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Programs

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

SWIM LESSONS

Revenue

$815

REGISTRATION FEES

Revenue

$44,192

SWIM MEETS

Revenue

$207,837

SWIM CLINICS

Revenue

$5,145

VOLUNTEER FEE INCOME

Revenue

$10,000

Organization Details

Founding Year

2003

Principal Officer

Kym Hoffpauir

Main Address

P O BOX 11108, Spring, TX, 77391

NTEE Category

Code: N67 - Recreation

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