Barracuda Swim Association Inc

Nonprofit profile at a glance

EIN: 841807290
IRS 990-EZ coverage: 2019–2025
Forms available: Form 990-EZ 2025
Location: Virginia Beach, VA, USA
Phone: 5122979003
Rating: 89
Verdict: STRONG
Rating confidence: Moderate
Sector: Swimming & Other Water Recreation

Reported finances

Revenue: $36,282
Expenses: $36,984
Assets: $14,793

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

Leadership & pay

4 people listed

Executive titles in this filing

KELLY BARFORD (PRESIDENT)

People named in this filing

TARYN MULCAHEY (TREASURER)
MEREDITH STRAND (SECRETARY)
KELLY BARFORD (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

What it reported doing in 2025

The primary exempt purpose of the organization is to facilitate and manage the annual functions of a community swim club providing safe summer swim instruction and competition for youth in Virginia beach, Virginia. The organization hires coaching staff, organizes volunteers and plans events that support the function of this kids swim program.

Operating model

Revenue model: Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 33
Growth: 100

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -1.9%; rating input score 39; 39th percentile among comparable filings
Total-asset coverage ratio: 0.4; rating input score 27; 27th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 7.6% per year; rating input score 100; 66th percentile among comparable filings
Revenue growth: 3.6% per year; rating input score 100; 64th percentile among comparable filings
Asset growth: 8.9% per year; rating input score 100; 68th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments · $37K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 7 filing years from 2019 to 2025
Contacts: How to reach this organization
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.

Moderate — Sustainability: Operating margin scored 39/100.
High — Sustainability: Total-asset coverage ratio scored 27/100.
Review — Sustainability: Officer compensation ratio scored 56/100.