Cascades Swim Team Inc

Nonprofit profile at a glance

EIN
541705566
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025, Form 990-N 2011
Location
Potomac Falls, VA, USA
Phone
3019439223
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Official website

Reported finances

Revenue
$59,596
Expenses
$59,368
Assets
$45,547
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Anthony Antognoli (President)

People named in this filing

  • Anthony Antognoli (President)
  • Amy Utterback (Treasurer)
  • Jacob Sultan (Team Representative)

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

The Cascades Rapids Swim Team is a member-run, family-oriented summer swim team seeking to provide a fun and competitive environment for swimmers in the Cascades community. The team consists of over 225 swimmers (ages 5-18) from approximately 150 families competing in the Colonial Swim League. We are a non-profit club managed by a volunteer Board of Directors who work all year to make sure every swimmer has a positive experience.

What it reported doing in 2025

The Cascades Rapids Swim Team is a member-run, family-oriented summer swim team providing a fun and competitive environment for swimmers in the Cascades community. The team consists of over 225 swimmers (ages 5 - 18) from approximately 150 families in competing in the Colonial Swim League. We are a non-profit club, run by a volunteer Board of Directors who work all year long to make sure every swimmer has a positive experience as a team member. The team provides training and instruction to developing swimmers through the expertise of our Head Coach, who is a member of the American Swimming Coaches Association, allowing access to the most comprehensive training and certification program for youth coaches of any sport in the United States. Swimmers in our programs participate in daily practices and twice-a-week dual meets, in addition to team building activities and post-season championship meets.

Operating model

Revenue model
Membership-supported. 83% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue has grown recently. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: 0.4%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -62.3% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 6.7% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2018 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.