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SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Providing water safety education and continuing post secondary education to dependents of the pool and spa industry.

aka Florida Swims Foundation   |   Sarasota, FL   |  www.floridaswims.org
GuideStar Charity Check

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

EIN: 61-1517847


Mission

To be a dedicated force in providing swim safety and education across Florida through community-focused initiatives and partnerships.

Ruling year info

2007

CEO

Elizabeth McMurray

Main address

2555 Porter Lake Dr Suite 105

Sarasota, FL 34240 USA

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Formerly known as

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

EIN

61-1517847

Subject area info

Education

Water sports

Population served info

Adults

Students

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

Swimming, Water Recreation (N67)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Chapter Matching Grants

The Foundation works with partners to match funds provided by local chapters of the Florida Swimming Pool Association given to local organizations for swimming lessons and water safety events .

Population(s) Served
Children and youth

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Reduce childhood drowning; increase awareness of swimming pool safety and the importance of parental supervision.

Working with local organizations in Florida who teach children to swim and providing funding for their programs.

The associated trade association (Florida Swimming Pool Association) has almost 700 company members in 16 local chapters throughout Florida who are active in local communities. These chapters are a partner in funding local swim programs.

Every year more children receive swimming lessons for free or discounted pricing than the prior year.

Financials

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC
Fiscal year: Jan 01 - Dec 31
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

80.51

Average of 16.10 over 5 years

Months of cash in 2022 info

SOURCE: IRS Form 990

11.9

Average of 2.4 over 5 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 0% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2022
Unrestricted surplus (deficit) before depreciation $23,475
As % of expenses 12.1%
Unrestricted surplus (deficit) after depreciation $23,475
As % of expenses 12.1%
Revenue composition info
Total revenue (unrestricted & restricted) $251,014
Total revenue, % change over prior year 0.0%
Program services revenue 5.6%
Membership dues 0.0%
Investment income 0.0%
Government grants 94.4%
All other grants and contributions 0.0%
Other revenue 0.0%
Expense composition info
Total expenses before depreciation $194,482
Total expenses, % change over prior year 0.0%
Personnel 0.0%
Professional fees 5.2%
Occupancy 0.0%
Interest 0.0%
Pass-through 80.9%
All other expenses 13.9%
Full cost components (estimated) info 2022
Total expenses (after depreciation) $194,482
One month of savings $16,207
Debt principal payment $0
Fixed asset additions $0
Total full costs (estimated) $210,689

Capital structure indicators

Liquidity info 2022
Months of cash 11.9
Months of cash and investments 11.9
Months of estimated liquid unrestricted net assets 9.8
Balance sheet composition info 2022
Cash $193,217
Investments $0
Receivables $0
Gross land, buildings, equipment (LBE) $0
Accumulated depreciation (as a % of LBE) 0.0%
Liabilities (as a % of assets) 1.2%
Unrestricted net assets $158,445
Temporarily restricted net assets N/A
Permanently restricted net assets N/A
Total restricted net assets $33,057
Total net assets $191,502

Key data checks

Key data checks info 2022
Material data errors No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

CEO

Elizabeth McMurray

Number of employees

Source: IRS Form 990

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

SWIMMING POOL EDUCATION AND SAFETY FOUNDATION INC

Board of directors
as of 06/25/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Donald Ball

The Pool Works

Term: 2023 - 2026

Organizational demographics

SOURCE: Self-reported; last updated 10/27/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data