Swim Up Inc

Nonprofit profile at a glance

EIN
842505467
IRS 990-EZ coverage
2020–2023
Forms available
Form 990-EZ 2023
Location
Washington, DC, USA
Phone
6106596277
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$1,100
Expenses
$772
Assets
$4,188
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Mary Bergstrom (President)
  • Rob Green (Vice President)
  • Bardell Brown (Assistant Vice President)

People named in this filing

  • Mary Bergstrom (President)
  • Sam Brownell (Treasurer)
  • Rob Green (Vice President)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Swim Up provides free water safety and swim instruction to students from historically underserved and low-income communities in Ward 8 of Washington, D.C. Swim Up provides all equipment, transportation, and lessons at no cost or burden to families by incorporating our program into two independent, tuition-free schools that serve low-income families. Swim Up strives to increase equitable access to life-saving swim lessons to children who may not otherwise have the opportunity. Additionally, Swim Up provides information for students on different aquatic opportunities to increase diversity in aquatic sports, engages with professional athletes in the community, and has partnered with community members such as the Howard University Swim and Dive Team and Diversity in Aquatics. Each student receives American Red Cross-approved and USA Swimming-approved swim instruction, water safety instruction from Certified Potomac Valley Swim Coach volunteers.

What it reported doing in 2023

Swim Up provided a full year of water safety and swim instruction as a part of the third through fifth grade curriculums to students from Bishop Walker School for Boys and the sixth through eighth grades at Washington School for Girls at no cost to families. Each cohort received eight consecutive weeks of swim class, resulting in passing an American Red Cross water safety swim test. Students received swimsuits and googles at no cost, and transportation is provided to and from the pool at no cost to the schools or families. This was the first year we added Washington School for Girls to our program as a part of their after-school programming.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 29.8%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 5.42; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -40.6% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2020 to 2023
  • Contacts: How to reach this organization
  • 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 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.