Dolphin Swim Team

Nonprofit profile at a glance

EIN
561803643
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Dobson, NC, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$103,291
Expenses
$60,673
Assets
$42,666
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Jeremy Handy (President)
  • Kasi Brown (Vice President)

People named in this filing

  • Jeremy Handy (President)
  • Kasi Brown (Vice President)
  • Anne Atkins (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide youth in the community with opportunities to participate in organized swimming and related aquatic activities that promote physical fitness, sportsmanship, teamwork, and water safety.

What it reported doing in 2024

Operation and Maintenance of Swimming Facility. Operated and maintained the community swimming pool to provide a safe environment for summer youth swim team practices, dual meets, and championship competition. Activities included water quality management, lifeguard staffing, utilities, equipment upkeep, and general facility maintenance. The facility supported approximately 100 youth swimmers and enabled the organization to carry out its mission of promoting physical fitness, teamwork, and sportsmanship through amateur athletics.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 100
  • Sustainability: 73
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.1%; rating input score 56
  • Program expense ratio: 95.5%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 41.3%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 18.1% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: 15.2% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: -7.4% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 56.1% of revenue deployed · 95.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $58K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2012 to 2024
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.