Swimarin
Nonprofit profile at a glance
- EIN
- 942793866
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- San Rafael, CA, USA
- Phone
- 4156089908
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $113,886
- Expenses
- $96,879
- Assets
- $59,569
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Ashley Lyon (President)
- Jennifer Lyon (President)
People named in this filing
- Ashley Lyon (President)
- Jennifer Lyon (President)
- Ali Nosti (Treasurer)
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
A fun, family and community based swim program.
What it reported doing in 2024
Swimarin offers swimming lessons and competitions. The Shark Pups program is a series of swim lessons designed for kids who are comfortable in the water but not yet ready for the swim team. These lessons guide the children through the first stages of water safety, stroke development, and independent swimming. Lessons are May- August for children 4 years and older. The Organization also offers a community competitive swim team for ages 5-18 with daily practice February-June.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - 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.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73%; rating input score 73
- Program expense ratio: 85.8%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.9%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 32.5% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 73% of revenue deployed · 85.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $83K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.