Tara Tarpons Swimming Association Incorporated

Nonprofit profile at a glance

EIN
581360244
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Jonesboro, GA, USA
Phone
7708928866
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$90,465
Expenses
$88,441
Assets
$483
Liabilities
$51,535

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • NELSON F CAMILO (CURRENT PRES)
  • MEGAN CASTRO (VP SWIM TEAM)
  • ALEXZANDER J WALKER (VP SWIM LESS)

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

The objective and said purpose of organization is to encourage, promote, and develop physical fitness, self-reliance, and sportsmanship through competitive amateur aquatic sports. To sponsor competitive swimming events and to aid in all phases of the development of competitive swimming in the city of jonesboro, Georgia and its surrounding area.

What it reported doing in 2024

To provide opportunity and encouragement for all of its swimmers to take part in competitive amateur aquatic sports and to acquire life enhancing attributes such as integrity, discipline, teamwork, and sportsmanship.

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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 26
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.9%; rating input score 83
  • Program expense ratio: 84.8%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 2.2%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 106.7; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 12.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -4.6% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: -4.8% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 82.9% of revenue deployed · 84.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $75K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.