Lowcountry Aquatic Project Swimming Inc
Nonprofit profile at a glance
- EIN
- 814634465
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Mt Pleasant, SC, USA
- Phone
- 8433647208
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $62,371
- Expenses
- $63,635
- Assets
- $5,150
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- BASIR ROBERTSON (BOARD MEMBER)
- JOE RAINERO (BOARD MEMEBR)
- PEGGY KLIMECKI (SECRETARY)
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
Lowcountry aquatic project swimming is a swimming initiative whose purpose/mission is to save lives by teaching life saving swimming skills to kindergarten and first grade students in the charleston, sc area.
What it reported doing in 2024
Lowcountry aquatic project swimming (laps) normally provides swimming instruction for approximately 14 kindergarten and first grade children from 14 high poverty title 1 schools within the closest proximity to the serving pools. We provide free transportation to and from schools, free water safety and swimming instructions, and all swim AIDS (suits, caps, towels, program director). Restart of the program is scheduled during the fall 2024 school season with a new program director. Laps normally begins each school year in september following the charleston county school district yearly instructional calendar, ending in the final week of may. Instruction is conducted at the city of north charleston's danny jones pool and the city of charleston's martin luther king pool. Employing the "swim lessons university" curriculum, lessons take place every monday through thursday, with fridays reserved for makeup days. Children participate on monday/wednesday or tuesday/thursday. Laps lessons follow a rotation of eight 30 minute lessons over 4 weeks. Four-five sets of lessons are taught daily at each pool. Throughout the year there are seven sessions of eight lessons, enabling each group of students the opportunity to participate in two sessions of lessons, of sixteen 30 minute lessons. A typical set of lessons includes approximately 20 students, allowing 160-200 children to be taught daily between the two facilities. Each level of swimming has six data points. Instructions take data every day on each child. Classroom teacher places student's names on data sheet in groups of three to four per swimming instructor. Data is compiled to see what percentage of our students are mastering each skill. This allows laps to provide more training and professional development in areas of need, as well as individualize instruction through assessment of teaching points. Annually, the data is compiled, analyzed and presented to laps staff member.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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: 84
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.2%; rating input score 85
- Program expense ratio: 83.5%; 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: -2%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 10; 10th 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: -8.5% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: -9.2% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -15.6% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 85.2% of revenue deployed · 83.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $53K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.