Fosters Mill-Kings Point Swim Team
Nonprofit profile at a glance
- EIN
- 760205527
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Kingwood, TX, USA
- Rating confidence
- Limited
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $52,662
- Expenses
- $63,654
- Assets
- $30,686
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- STEPHEN NIMMO (President)
- MATT LOGAN (Vice President)
- GAPPY SZYMANEK (Vice President)
- MARC LECLERC (Vice President)
People named in this filing
- STEPHEN NIMMO (President)
- MATT LOGAN (Vice President)
- GAPPY SZYMANEK (Vice President)
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 fosters mill/kings point swim team -- fmkp waves--is a premier summer squatic program based in kingwood Texas. The waves are a novice level team which teaches and stresses the necessary skills and strategies for participation in teh sport of competitive swimming. Our swimmers range in age from 4.5 to 18. We ahve swimmers that have just learned to swim and swimmers who have attended u.s. Chamionship meets. Swimming is a fun sport that will bring kids fitness and enjoyment for life. We stress fun and hard work! Our swimmers set and meet their goals as individuals and as a team. Our philosophy is simple. The purpose of a sport is to ahve fun. The goal is to win as a team. We do both!
What it reported doing in 2025
Compete in swimming competitions
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -20.9%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 31; 31st 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: 200% per year; rating input score 100; 100th percentile among comparable filings
- Revenue growth: -10.4% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: -9.7% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 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 — Sustainability: Operating margin scored 21/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.