Overview
What is Baranof Barracudas Swim Club?
Baranof Barracudas Swim Club is a community-driven nonprofit organization situated in Sitka, Alaska. Its primary goal is to aid and empower local youth by focusing on the development and enhancement of the area's swimming program. All financial transactions and operations are aligned with this mission, ensuring that all resources contribute to the betterment of the swim program.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Baranof Barracudas Swim Club has received a Two-Star rating from Charity Navigator, indicating room for improvement in areas beyond accountability and finance. The overall score is based solely on financial metrics, reflecting an emphasis on fiscal responsibility rather than overall organizational effectiveness.
Strengths of the organization include a fully independent board, with all seven members meeting the criteria for independence. The club has demonstrated strong financial health, with a very low liabilities to assets ratio and a program expense ratio of 100%, which indicates that all funds are directed toward its mission. However, the lack of additional performance metrics may suggest a need for broader evaluation of its impact and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Baranof Barracudas Swim Club legitimate?
Baranof Barracudas Swim Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baranof 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,085
For more financial information, click here
What is the mission statement of Baranof Barracudas Swim Club?
The Baranof Barracudas Swim Club serves as a community organization in its mission to aid local youth. Its primary focus is on enhancing and developing a robust swim program within the community. All financial transactions, both income and expenses, are centered around this mission, ensuring that the swim club remains dedicated to its purpose. The club provides an avenue for young individuals to hone their swimming skills and contribute to the swim community.
Who is the CEO of Baranof Barracudas Swim Club?
Lisa Gassman is the President of Baranof Barracudas Swim Club.
What is the revenue of Baranof Barracudas Swim Club?
Baranof Barracudas Swim Club's revenue in 2022 was $174,156.
Who are the executives of Baranof Barracudas Swim Club and what are their salaries?
The average compensation at Baranof Barracudas Swim Club during 2022 was $5,776. There are 13 employees and 25 volunteers at Baranof Barracudas Swim Club.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Baranof Barracudas Swim Club?
Baranof Barracudas Swim Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Baranof Barracudas Swim Club
The Baranof Barracudas Swim Club is a community-based organization in Sitka, Alaska, dedicated to aiding local youth. Its primary mission is to foster and enhance the swim program within the community. All financial transactions and operations of the club are centered around this objective, making swim development and improvement the club's core focus.
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Impact
October, 2024
The Baranof Barracudas Swim Club significantly impacts the youth of Sitka, AK, by providing essential opportunities for swimming development and competition. Through its focused programs, it fosters not only swimming skills but also teamwork, discipline, and a sense of community among participants. The club enhances the local swim culture by creating a structured environment where young athletes can train, grow, and thrive in the sport.
By centering its efforts on youth engagement, the club contributes to healthier lifestyles, instills confidence, and encourages a love for aquatic activities. The Baranof Barracudas Swim Club plays a pivotal role in building a supportive network for young swimmers, helping to prepare them for both competitive challenges and lifelong enjoyment of swimming. Overall, the club enriches the community by promoting recreational activities and nurturing the next generation of swimmers.
This information is meant to be a general summary of Baranof 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $13
- Program Service Revenue: $66,793
- Gross Receipts: $184,385
Assets and Liabilities:
- Total Assets: $66,844
- Total Liabilities: $4,028
- Net Assets: $62,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$54,773
CHANGE YOUR LATITUDE
Revenue
$12,020
Organization Details
Founding Year
1980
Phone
(907) 747-3191Principal Officer
Lisa Gassman
Main Address
PO BOX 2464, SITKA, AK, 99835
NTEE Category
Code: N67Z - Recreation
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