Aquatic Development Foundation Inc
Nonprofit profile at a glance
- EIN
- 261097828
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Pawleys Island, SC, USA
- Phone
- 8432369482
- Rating confidence
- Limited
- Sector
- Amateur Sports
Reported finances
- Revenue
- $49,000
- Expenses
- $50,381
- Assets
- $2,000
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
1 person listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Aquatic Development Foundation, Inc. was formed in 2006 to promote the the development and maintenance of competitive swim programs along the Grand Strand in Myrtle Beach, SC. The mission of the Organization is to encourage the development of physical skills through healthy diet and training and to promote sportsmanlike conduct in youth municipal swimming leagues. The Organization is open to all children in the elementary through highschool age group. The Organization serves the general public in Horry County, and Georgetown County, South Carolina.
What it reported doing in 2010
The Aquatic Development Foundation, Inc. d/b/a Coastal Aquatic Club, is operated as a parent volunteer organization. Children in elementary trhough highschool are given the opportunity to train and participate in competitive swim meets locally and statewide.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 21
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.04; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 41/100.