San Ramon Valley Aquatics

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

EIN: 941575649 ✦ San ramon, CA ✦ Designated as a 501(c)(3)

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Overview

What is San Ramon Valley Aquatics?

San Ramon Valley Aquatics is a nonprofit organization based in San Ramon, California, with a postal address at PO Box 973. Their primary focus is the administration, supervision, and training of the USS swim team, which currently comprises around 271 swimmers. Their activities involve organizing and overseeing swim meets at various locations as part of their training program. With a workforce of 7 individuals, the organization is dedicated to fostering the growth and development of its swimmers.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (50%)

San Ramon Valley Aquatics has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored particularly low in governance and transparency, with no independent board members and multiple missing policies, such as those for conflicts of interest and whistleblower protections. Additionally, financial statements were not available, which raises questions about the oversight of the nonprofit's operations.

Despite these challenges, the organization does show strength in its program expense ratio, allocating 97.41% of its expenses directly to programs. This suggests a strong commitment to its mission and programs, which is a positive aspect amidst the overall concerns raised by the accountability metrics. However, the lack of independent oversight and transparency may hinder trust from potential supporters and donors.

Overall, while San Ramon Valley Aquatics demonstrates a solid focus on program delivery, its governance issues and lack of transparency significantly detract from its overall effectiveness as a nonprofit organization. Prospective donors should weigh these factors carefully before contributing.


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

Is San Ramon Valley Aquatics legitimate?

San Ramon Valley Aquatics is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Ramon Valley Aquatics 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: $298,887

For more financial information, click here

What is the mission statement of San Ramon Valley Aquatics?

San Ramon Valley Aquatics' primary mission is centered around the administration, supervision, and training of its USS Swim Team. This organization plays a crucial role in overseeing and nurturing approximately 271 swimmers under its care. The training process involves conducting swim meets at various locations, providing the swimmers with an opportunity to showcase their skills and progress.

Who is the CEO of San Ramon Valley Aquatics?

James Tseng is the President of San Ramon Valley Aquatics.

What is the revenue of San Ramon Valley Aquatics?

San Ramon Valley Aquatics's revenue in 2022 was $600,320.

Who are the executives of San Ramon Valley Aquatics and what are their salaries?

The average compensation at San Ramon Valley Aquatics during 2022 was $42,698. There are 7 employees at San Ramon Valley Aquatics.


Here are 5 key members and their salaries:


James Tseng (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raj Nimbalkar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Korte (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Ng (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Krishnasharana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for San Ramon Valley Aquatics?

San Ramon Valley Aquatics's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of San Ramon Valley Aquatics

San Ramon Valley Aquatics, as an organization, is dedicated to the administration, supervision, and training of its USS Swim Team. This mission involves overseeing the development and progress of approximately 271 swimmers. The training process of these swimmers includes the organization of swim meets at various locations, providing them with ample opportunities to showcase their skills and improve their performance.

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Impact




July, 2024

San Ramon Valley Aquatics has a significant impact on the community by providing administration, supervision, and training for the USS swim team. Approximately 271 swimmers are trained through their programs, which include holding swim meets at various locations. This organization plays a vital role in promoting recreation, skill development, and healthy lifestyles among individuals in San Ramon, CA.




This information is meant to be a general summary of San Ramon Valley Aquatics. 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
$600,320 (2022)
Expenses
$661,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $197
  • Program Service Revenue: $597,915
  • Gross Receipts: $600,320

Assets and Liabilities:

  • Total Assets: $543,536
  • Total Liabilities: $32,421
  • Net Assets: $511,115

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Programs

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

HOME SWIM MEETS

Revenue

$94,558

MASTERS INCOME

Revenue

$78,875

Membership Dues & Assessments

Revenue

$315,996

SCHOOL SWIM PROGRAMS

Revenue

$108,486

Organization Details

Founding Year

1983

Principal Officer

James Tseng

Main Address

PO BOX 973, SAN RAMON, CA, 94583

NTEE Category

Code: N67 - Recreation

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