Davis Aquadarts Inc
Nonprofit profile at a glance
- EIN
- 237452558
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Davis, CA, USA
- Phone
- 5307583278
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $2,099,233
- Expenses
- $2,144,997
- Assets
- $479,579
- Liabilities
- $198,019
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- WILLIAM DOUGHTY (CEO)
- TIMOTHY CUTLER (President)
Highest reported compensation
- WILLIAM DOUGHTY (CEO): $124,238 total reported compensation
- BRANDON REED MILLER (CFO): $76,000 total reported compensation
- Jamie Kiarie (COO): $76,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through the sport of competitive swimming, dart is dedicated to empowering young people to commit to the pursuit of excellence and self-improvement in all aspects of life.
What it reported doing in 2024
Year round swim program - the davis aquadarts offer year round competitive and recreational swim training programs for youth ages 5-18. We are a member of USA swimming, the national governing body which has recognized the davis aquadarts as a "silver medal" club, one of the top 100 swim clubs in the country. The dart program is dedicated to empowering young people to commit to the pursuit of excellence and self-improvement, and through these pursuits acquire life enhancing attributes such as integrity, discipline, dedication and sportsmanship. Davis aquadarts has approximately 2000 participants across several programs annually.the davis aquadart swimmers compete in local, national, and international level swim meets, including but not limited to: USA swimming olympic trials, junior nationals, and various levels of meets throughout California.summer/fall/spring darts - seasonal programs that are 8 and 12 week introductory swim programs that operates in the summer/fall and spring for children ages 6 and up. In all of our seasonal programs, swimmers learn the 4 basic strokes and are introduced to swimming in a fun and relaxed atmosphere. During summerdarts, these swimmers particiapte in local swim meets against other summerdart participants.swim lessons - dart swim school offers lessons in the fall and spring. Lessons are offered for children 18 months - 10 years old. Beginners, intermediate and advanced levels depending on the age are offered. Groups for younger children are focused on water safety and basic swimming skills. More advanced groups introduced basics of all four strokes.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 90
- Accountability: 95
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.9%; rating input score 94
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: $2.82 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings
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; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -2.2%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 12.9%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 93.9% of revenue deployed · 91.9% of spending went to programs
- Governance: 9 of 9 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $124K · 9 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 8/100.
- High — Sustainability: Operating margin scored 26/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Officer compensation ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.