Cedar Park Typhoons Inc

Nonprofit profile at a glance

EIN
270196116
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
Cedar Park, TX, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$66,137
Expenses
$56,120
Assets
$90,872

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Katie Crowly (President)
  • Cara Owens (Vice President and Circuit Rep)

People named in this filing

  • Katie Crowly (President)
  • Cara Owens (Vice President and Circuit Rep)
  • Jason Blankenberg (Webmaster and Communications)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Cedar Park Typhoons Swim Club is to provide the young people of our community the opportunity to participate in a fun recreational summer league swim program to teach the basics of competitive swimming skills and to instill a lifelong enjoyment of swimming in a supportive family atmosphere. We strive to provide an enjoyable safe and healthy environment in which our swimmers learn the values of competition sportsmanship teamwork and individual achievement. We view hard work regular practice self-discipline goal-setting and teamwork as important life skills and believe summer swim is the ideal setting to grow individually in competency and character.

What it reported doing in 2023

Swim Program: The Cedar Park Typhoons swim team had 237 swimmers between the ages of 4 and 17. Four coaches were staffed and participated in 7 swim meets in the Northwest Swim Circuit in Central Texas

Operating model

Revenue model
Membership-supported. 75% of the money available for current operations came from membership dues.
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. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.9%; rating input score 85
  • 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: 15.1%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 1.62; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -0.9% per year; rating input score 0; 47th percentile among comparable filings
  • Revenue growth: 6% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 84.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $56K in reported program spending
  • Leadership: top reported pay $0 · 13 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.