Rams Swim Club
Nonprofit profile at a glance
- EIN
- 471549946
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Altoona, IA, USA
- Phone
- 5153602583
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $9,642
- Expenses
- $20,623
- Assets
- $132,860
- Liabilities
- $11,370
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Corey Onnen (Board Vice-President)
- Jake Garrison (Board President)
People named in this filing
- Corey Onnen (Board Vice-President)
- Jake Garrison (Board President)
- Brenda Hammond (Board 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
The Rams Swim Club is a USA affiliated swim club designed to be a feeder program for the local high school. We teach kids how to be safe in and around the water and help them become competitive swimmers
What it reported doing in 2024
USA sanctioned swim meet held by the club which saw in excess of 400 swimmers from the area
Operating model
- Revenue model
- Membership-supported. 66% of the money available for current operations came from membership dues.
- 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
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.3%; rating input score 8
- Program expense ratio: 3.9%; rating input score 4
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -113.9%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 6.44; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 31.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -28.8% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -58.5% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 8.3% of revenue deployed · 3.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $798 in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Financial Efficiency: Program expense ratio scored 4/100.
- Moderate — Transparency & Controls: Part I part ii net assets crosscheck did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.