Dripping Springs Tiger Splash Swim Team

Nonprofit profile at a glance

EIN
453998399
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Dripping Spgs, TX, USA
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Swimming & Other Water Recreation

Reported finances

Revenue
$54,677
Expenses
$55,085
Assets
$15,761

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

Leadership & pay

7 people listed

Executive titles in this filing

  • James Landrum (President)
  • Lane Holt (Vice President)

People named in this filing

  • James Landrum (President)
  • Lane Holt (Vice President)
  • Kara Jones (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

The Dripping Springs Tiger Splash Swim Team promotes amateur athletics and provide educational opportunities in competitive swimming for youth in Dripping Springs Texas and the surrounding communities. The organization exists to teach proper swimming techniques develop physical fitness encourage sportsmanship teamwork discipline and personal growth and provide athletes with the opportunity to participate in organized amateur swimming competitions. Tiger Splash is committed to making competitive swimming accessible to all eligible youth regardless of ability level by providing quality coaching structured training and opportunities to compete in local and state amateur athletic events. The organization supports these charitable and educational purposes through volunteer leadership community partnerships and programs that foster lifelong health character development and participation in amateur athletics.

What it reported doing in 2024

3. Competitive Opportunities Meets and Youth Achievement: Dripping Springs Tiger Splash Swim Team provided youth swimmers with opportunities to participate in swim meets and competitions that reinforced skill development goal-setting perseverance and sportsmanship. The organization supported athletes participation in competitive events throughout the season and encouraged continued involvement in swimming through recognition of achievement and support of youth development opportunities.

Operating model

Revenue model
Earned-program. 87% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 89% 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

SUPPORTED - 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: 83
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.3%; rating input score 83
  • Program expense ratio: 82.7%; rating input score 83

Transparency & Controls

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

Sustainability

  • Operating margin: -0.7%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.29; rating input score 20; 20th 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: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 83.3% of revenue deployed · 82.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $46K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • 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 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.