Promotes amateur swimming competition, trains athletes for Olympic trials, and offers youth swim clinics.
For fiscal year 2024 it reported $258K in revenue, $133K in expenses, and $301K in net assets.Pt I
Where the money goes · FY2024
Total revenue
$258K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$301K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $126K
Where spending went · Part IX cols B–D
89%
Program services $0.89 Management & general $0.05 Fundraising $0.06
Program efficiency
89%
of spending reaches programs
Operating runway
27.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+49%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2024 · Form 990
Revenue
$258K
FY2024▲ +84%
$939K$469K$0
FY2022FY2025
Expenses
$133K
FY2024
$223K$112K$0
FY2022FY2025
Total assets
$306K
FY2024
$1.0M$509K$0
FY2022FY2025
Total liabilities
$5K
FY2024
$5K$2K$0
FY2022FY2025
Total revenue
$258K
Pt VIII · Ln 12
Total expenses
$133K
Pt IX · Ln 25
Net assets
$301K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$126K
Total assetsPt X · Ln 16$306K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III
Where the work happens
3 program services account for $106K of program spending, described in the organization's own filed words · FY2024.
01
Conducted 7 singular swim clinics for 336 youth swimmers and a group of 15 sprint training sessions for 20 high school swimmers between Jan 1, 2024 and Dec. 31, 2024.
$60Kprogram expense
02
Conducted 510 one-on-one swim lessons for youth swimmers between Jan. 1, 2024 and Dec. 31, 2024.
$32Kprogram expense
03
Coaching, training, travel, and meet expenses for college and post-grad aged swimmers training for the 2024 Olympic Trials. 44 athletes competed at the US Olympic Trials and 1 athlete qualified for the 2024 US Olympic Team.
Kevin Happ’s $11K as Director of Operations
is at the 25th percentile of top reported officer pay among 1018 $100K–1M recreation & sports nonprofits.
Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
Individual Mary Holloway · Reported title President · Highest reported compensation $0 · Total expenses $133K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $11K · Total expenses $133K
8%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
89%
—
—
Overhead ratio
5%
—
—
Fundraising cost ratio
6%
—
—
Revenue growth
84%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
0%
—
—
Accounting fee ratio
0%
—
—
Fundraising fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Want to add your own materials alongside these filings? Claim this org
Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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