Swim Kauai Aquatics
Nonprofit profile at a glance
- EIN
- 203925306
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lihue, HI, USA
- Phone
- 8086525885
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Swimming & Other Water Recreation
Reported finances
- Revenue
- $176,136
- Expenses
- $146,222
- Assets
- $77,148
- Liabilities
- $4,015
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ANNA BORONDI (PRESIDENT)
People named in this filing
- GINGER LUCY (VICE PRESIDE)
- DEBORAH CHRISTIAN (TREASURER)
- RICARDO RASCON (HEAD COACH)
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
Education, amateur athletic organization
What it reported doing in 2024
Swimming programs: our swim coaches (employees) conduct swim training in preparation for local, regional, national, and international swimming competitions as governed by the united states swimming association.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 95.9%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.53; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 42.5%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 95.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $140K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2009 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.