Aggie Swim Club

Nonprofit profile at a glance

EIN
742791978
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
College Station, TX, USA
Phone
9792202703
Rating
48
Verdict
MIXED
Rating confidence
Moderate
Sector
Youth Development N.E.C.

Official website

Reported finances

Revenue
$760,954
Expenses
$762,895
Assets
$321,438
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Jay Holmes (Vice President)
  • Henry Clark (President / Treasurer)

Highest reported compensation

  • Shannon Clark (Administrator): $54,000 total reported compensation
  • Jay Holmes (Vice President): $10,400 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Aggie Swim Club is organized exclusively for charitable and educational purposes for the education, instruction and training of children ages 5 - 21 years old to develop their capabilities in the sport of competitive swimming.

What it reported doing in 2025

Aggie Swim Club Outreach Program - The Aggie Swim Club offers reduced monthly membership fees to families in need of assistance. The free/reduced federal lunch program is used to qualify the family for the Aggie Swim Club Outreach program. In 2022, the Aggie Swim Club had 12 outreach swimmers.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 90
  • Accountability: 68
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0.6%; rating input score 1
  • Program expense ratio: 0.6%; rating input score 1
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -0.3%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 8.4%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: 16.1% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 15.7% per year; rating input score 100; 76th percentile among comparable filings
  • Asset growth: 13.6% per year; rating input score 100; 66th percentile among comparable filings

Details

  • Where the money goes: 0.6% of revenue deployed · 0.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 2 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $54K · 5 people listed
  • Consistency: 37 of 37 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 1/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.