Brea Aquatics Association Inc

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

EIN: 953421475 ✦ Brea, CA ✦ Designated as a 501(c)(3)

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Overview

What is Brea Aquatics Association Inc?

Brea Aquatics Association Inc, based in PO Box 175, Brea, California 92822, is a committed nonprofit organization. Their primary mission is to offer coaching and competitive experiences for swimmers within the local area. By doing so, they aim to foster the development of swimming skills and provide opportunities for swimmers to participate in various competitions. This nonprofit organization's activities are dedicated to supporting swimmers in their competitive journey.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1-Star out of Four Stars (50%)

The Brea Aquatics Association Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The overall score is based solely on the Accountability & Finance beacon, where the organization scored 50%. This low score raises questions about the transparency and governance of the nonprofit, given the absence of independent board members and missing financial statements.

The association shows a strong program expense ratio of 100%, suggesting that all of its expenses are directed toward its programs. However, the lack of fundamental governance practices, such as a conflict of interest policy and a whistleblower policy, highlights a serious gap in leadership and ethical standards. Additionally, the organization has not made its tax form available on its website, which is a critical transparency measure.

Overall, while the Brea Aquatics Association may be effective in delivering its programs, its lack of accountability measures and transparency could pose risks to donors and stakeholders. Potential supporters should consider these factors when evaluating their contributions.


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

Is Brea Aquatics Association Inc legitimate?

Brea Aquatics Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brea Aquatics Association 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: $223,745

For more financial information, click here

What is the mission statement of Brea Aquatics Association Inc?

The Brea Aquatics Association Inc is dedicated to providing coaching and experiences for swimmers, enabling them to participate in various competitions across the area. Their mission is centered around fostering the competitive spirit of swimmers while offering them ample opportunities to showcase their skills in different events. The association aims to serve as a supportive platform, providing the necessary resources and guidance to help swimmers excel in their chosen field. By doing so, the Brea Aquatics Association Inc contributes to the development of strong, capable swimmers and promotes a sense of camaraderie within the swimming community.

Who is the CEO of Brea Aquatics Association Inc?

Matt Grant is the President of Brea Aquatics Association Inc.

What is the revenue of Brea Aquatics Association Inc?

Brea Aquatics Association Inc's revenue in 2022 was $581,044.

Who are the executives of Brea Aquatics Association Inc and what are their salaries?


Here are 3 key members and their salaries:


Matt Grant (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Lee (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Stabio (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brea Aquatics Association Inc?

Brea Aquatics Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brea Aquatics Association Inc

Brea Aquatics Association Inc, a nonprofit organization, is dedicated to providing coaching and experiential opportunities for swimmers, enabling them to participate in various competitions across the area. Their mission revolves around fostering the growth and development of swimmers through competitive events. By offering coaching services, this organization aims to enhance the skills and abilities of its swimmers, ultimately preparing them for successful competition experiences.

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Impact




July, 2024

Brea Aquatics Association Inc has a significant impact on the swimming community in Brea, California. They provide coaching and experiences for swimmers to compete in various competitions throughout the area. This not only helps individuals develop their swimming skills but also fosters a sense of teamwork and sportsmanship among participants. Through their programs, Brea Aquatics Association Inc contributes to the overall health and well-being of the community by promoting physical activity and healthy competition.




This information is meant to be a general summary of Brea Aquatics Association 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
$581,044 (2022)
Expenses
$491,288 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39
  • Program Service Revenue: $581,005
  • Gross Receipts: $581,044

Assets and Liabilities:

  • Total Assets: $258,051
  • Total Liabilities: $0
  • Net Assets: $258,051

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Programs

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

MEMBERSHIP DUES & ASSESSM

Revenue

$389,855

PROGRAM SERVICE REVENUE

Revenue

$191,150

Organization Details

Principal Officer

Matt Grant

Main Address

PO BOX 175, BREA, CA, 92822

NTEE Category

Code: Z99 - Unknown

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