South Jersey Aquatic Club

What it reported doing in 2024

In addition to teaching swim technique and water safety, the club strives to teach its participants skills that they can carry with them outside of the pool to live active healthy lives. The club swims at the brand-new nl aquatic center in voorhees, New Jersey and is divided into five programs: (1) sjac swim smart lessons, (2) competitive swim team, (3) non-competitive swim team, (4) master's swim team, and (5) special needs swim program. Each of the programs is described in detail below. 1. The sjac swim smart lessons the sjac swim smart lessons are geared toward the competitive swimmer. We combine individual coaching with modern technology to improve the efficiency of each stroke. With the use of underwater cameras, swim analysis software, and an endless pool, we are able to analyze and correct the individual's from every angle 2. The competitive swim team the competitive swim team is a USA swimming competitive team started by peter holcroft, an asca (american swim coaches association) level 4 swim coach. Since starting the competitive team in the fall of 2015, the team has grown to over 615 swimmers, the largest in the mid-atlantic region, and top 30 club teams in the USA. Peter has been coaching competitive swim teams and running lesson programs for almost 30 years throughout the south jersey community. He ran several ymca teams that were ranked among the top 75 teams nationwide (see pete holcroft bio for more information). Peter is the founder and president of sjac and also coaches the platinum national program. Peter based his team's training what he learned through his own competitive swimming career that balancing a medium amount of swim yardage with targeted dry-land training prevented swimmers from burning out too early and allowed them to extend their competitive swim careers. This philosophy has proven successful and has produced swimmers who have gone on to olympics, successful college competitive swimming careers, and the us national swim team. The club recognizes that not all swimmers have the desire to compete on a national level and has developed programs to accommodate everyone. Younger swimmers are divided into groups by age and skill level, bronze being the youngest group, then silver, gold, and gold select. All swimmers are encouraged to compete in every stroke at a variety of distances because it teaches them to conquer their fears, instills confidence, and encourages them to attempt all strokes instead of limiting themselves to one. As the swimmers get into high school, they are divided by skill and commitment to the sport. Those who are looking for a more disciplined program and to compete on a national level move into the national/platinum group. The senior group is for high school swimmers who may play other sports and swim in the off season, are just looking to compete and stay in shape, or just love to swim competitively but are not able to make the commitment of the platinum group. 3. The non-competitive swim team the non-competitive, or sjac ii team, began in the fall of 2015 for several reasons. The club recognizes a need to offer a program without the swim meet commitment of the competitive swim team. The club also wanted to offer younger swimmers an introduction to the world of competitive swimming. Swimmers in our bronze or silver group may attend up to four practices/week. They are encouraged to attend monthly swim meets, however, those meets are not required. We also offer a senior group for high school athletes. Finally, we have 2 developmental teams for different age groups that combine swim lessons (to develop correct swim technique) and team training (to encourage swimmers through their peers). 4. The masters team the masters team started in the fall of 2016. The masters team operates under and is registered with us masters swimming. This group is for adult athletes over the age of 18. Many individuals on the masters team are former college swimmers looking for a coached program to stay

Financial Efficiency

• Mission deployment rate: 93.1%; rating input score 93
• Program expense ratio: 94%; rating input score 94
• Fundraising efficiency: $15.49 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

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: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 71.4%; rating input score 71; 15th percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 1%; rating input score 39; 39th percentile among comparable filings
• Total-asset coverage ratio: 0.02; rating input score 2; 2nd percentile among comparable filings
• Liabilities to assets ratio: 11.06; rating input score 0; 0th percentile among comparable filings
• Officer compensation ratio: 6.6%; rating input score 48; 48th percentile among comparable filings

Growth

• Program expense growth: 7.9% per year; rating input score 100; 55th percentile among comparable filings
• Revenue growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: -7.5% per year; rating input score 0; 4th percentile among comparable filings