Southeastern Swim Club Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Year-round aquatic club that offers a USA Swimming swim program, including age group and senior-level swim teams, a U.S. Masters swim program, and Swim America swim lesson and pre-team programs to promote water safety and skill development. The club also supports competitive swimming.
- Income
- $694,850
- Spending
- $757,225
- Spent on programs
- 93%
- Reserves
- 3.5 months of spending
- Largest source of income
- fees for its services, 89%
- Employees
- 64
- Volunteers
- 450
- Highest pay
- $95,811, head coach
Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 21% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
20 of 35Spendable reserves would cover 3.5 months of spending.
Debt
16 of 20It owes 18% of what it owns.
Living within its means
4 of 15Spending exceeded income by 9% of income.
Income trend
5 of 15Income fell 22% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 61 out of 100. Higher than 57% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 256 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $153,189 spent. The Swim Team Program provides structured, coach-led training for youth athletes to develop competitive swimming skills, physical fitness, discipline, and teamwork. The program serves swimmers across multiple age and skill levels and offers regular practices, individualized coaching, and participation in local and regional competitions. During the year, the program focused on skill progression, stroke technique, endurance development, and sportsmanship. Athletes were provided opportunities to compete in sanctioned swim meets, fostering goal-setting, confidence, and personal achievement. Financial assistance was made available to ensure access regardless of economic circumstances. The program promotes youth development, healthy lifestyles, and community engagement through organized athletic participation.
- $30,316 spent. The Swim Meet Hosting Program organizes and conducts competitive swim meets that provide athletes with structured opportunities to demonstrate skill development and achieve qualifying times. Hosted events serve youth and adult swimmers from local and regional teams. The organization manages facility coordination, event operations, volunteer oversight, timing systems, and compliance with governing body regulations. These events support athlete development, community engagement, and local economic activity. Proceeds from hosted meets are reinvested into the organization's aquatic programming, supporting access, facility operations, and ongoing program development.
- $3,381 spent. The Swim Lessons Program provides water safety instruction and foundational swimming skills to children and community members of varying ages and abilities. Instruction is delivered by trained coaches and instructors in a structured and progressive curriculum designed to reduce drowning risk and build swimming competency. Participants receive age-appropriate instruction in water safety, stroke fundamentals, breathing techniques, and confidence in aquatic environments. The program emphasizes safety awareness, skill mastery, and comfort in the water. By expanding access to swim education, the program advances public safety and promotes lifelong health and wellness within the community.
- $281 spent. The Masters Program provides organized swim training and fitness opportunities for adult participants. The program accommodates a range of ability levels, from recreational swimmers seeking fitness to competitive adult athletes. Participants receive structured workouts designed to improve cardiovascular endurance, stroke efficiency, and overall health. The program fosters a supportive and inclusive environment that encourages lifelong fitness, personal goal achievement, and community engagement. Through regular coached sessions and optional competitive events, the program promotes physical well-being, social connection, and healthy lifestyle habits among adults.
- $514,869 spent. Program Services - Miscellaneous/Administrative includes direct program support activities necessary to deliver and sustain the organization's aquatic programming. These activities include program coordination, participant registration and scheduling, volunteer training and oversight, equipment maintenance, safety compliance, and facility support directly attributable to program operations. These functions ensure safe, effective, and accessible delivery of swim team, instructional, adult fitness, and hosted event programs. Administrative support activities are integrated with program execution and are essential to maintaining regulatory compliance, participant safety standards, and overall program quality. Through these support efforts, the organization enhances operational efficiency, strengthens community engagement, and ensures continuity of its aquatic programs in furtherance of its charitable mission.
Source: Form 990 for the year ending August 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on January 15, 2026 for not filing returns for three years, and reinstated on January 15, 2026.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in June 2026. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.