Pacific Swimming Inc
Nonprofit profile at a glance
- EIN
- 942701340
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Discovery Bay, CA, USA
- Phone
- 9257872707
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $1,489,446
- Expenses
- $1,220,506
- Assets
- $5,635,244
- Liabilities
- $87,263
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
32 people listed
Highest reported compensation
- MARY RUDDELL (STAFF TREASURER): $12,236 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Inspiring a passion for swimming and making a difference in the lives of our members.
What it reported doing in 2024
See schedule o.during this 2024-2025 fiscal year, our organization saw few substantive changes. We successfully held all of our championship meets and fully participated in all of our normal all-star team travel opportunities. Our member clubs hosted a few less meets than the prior year, and although we saw our meet income decrease by about 6%, we were still able to provide ample competition opportunities. Our support of senior travel to competitive events outside our area increased substantially this year, with an additional $90k provided to athletes traveling to elite level meets. We were also able to enhance our outreach athlete meet entry experience by making software changes in the meet entry online service, fastswims, to expand mefap program access to more struggling families with limited resources. We again offered a grant program for our clubs to support multiple areas of need, including coach education, athlete equipment and training, and operational support of competitive events. We continue to host volunteer clinics to engage and train our dedicated officials and mentor them throughout the year. It has been another year of providing support to the local swim communities and developing tangible ways to increase volunteer engagement to ensure the future of our mission and achieve our goals within our local communities.
Operating model
- Revenue model
- Earned-program. 64% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - 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: 71
- Transparency & Controls: 93
- Accountability: 95
- Sustainability: 74
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 83.2%; rating input score 83
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.1%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 4.62; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -4.7% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -3.8% per year; rating input score 0; 6th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 83.2% of spending went to programs
- Governance: 29 of 29 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $12K · 32 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 17 filed money-flow records
- Related organizations: 16 filed related-organization links
- 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 — Accountability: Governance controls: Audit committee oversight not reported.