Swim4elise Foundation
Nonprofit profile at a glance
- EIN
- 814190949
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2016
- Location
- Southlake, TX, USA
- Phone
- 8177963245
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $49,304
- Expenses
- $61,697
- Assets
- $180,939
- Liabilities
- $2,037
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- LORI CERAMI (President)
People named in this filing
- LORI CERAMI (President)
- DAVID CERAMI (Secretary)
- MARY ELIZABETH CRANE (Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is based on an inspirational poem elise wrote when she was nine years old.believe in yourself every day, you see...y stands for you can do ito stands for opportunitiesu stands for use your brainr stands for right instead of wrongs stands for share your idease stands for excellence comes from hard workl stands for live what you thinkf stands for face your problems.remember when you believe in youself--you become the best you that you can be! The smim4elise foundation works to honor the life of elise cerami by raising awareness of water safety through swimming scholarships and community outreach education.
What it reported doing in 2025
Raise awareness of water safety through swimming scholarships and community outreach education.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 82% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -25.1%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 2.93; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -5.2% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 5% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $62K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.