King Marlin Swim Club Boosters Inc
Nonprofit profile at a glance
- EIN
- 465473982
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024, Form 990-N 2021
- Location
- Oklahoma City, OK, USA
- Phone
- 4056354647
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $82,513
- Expenses
- $68,767
- Assets
- $84,780
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- HEATHER APPLEGATE (PRESIDENT)
- AMY MITCHELL (VICE PRESIDENT)
People named in this filing
- AMANDA JENNINGS (TRUSTEE)
- HEATHER APPLEGATE (PRESIDENT)
- AMY MITCHELL (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was incorporated to provide parent education, volunteer coordination and to support the activities of the king marlin swim club, while serving as a liaison to the club. The organizations goal is to create an informed membership; maximize parent participation; provide funds to enrich the program; and facilitate the exchange of information among swimmers, coaches, parents and the club.
What it reported doing in 2024
The organization provided need based scholarships to the king marlin swim club so that swimmers in financial need could participate that would otherwise not be able to afford the club dues.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program 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
SUPPORTED - 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75%; rating input score 75
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16.7%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -12.1% per year; rating input score 0; 25th percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 45th percentile among comparable filings
- Asset growth: 20% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 75% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $62K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2017 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.