Swim New Orleans
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NU WAVE SWIM CLUB DEVELOPS LIFE SKILLS THROUGH A GOAL-ORIENTED,COMPETITIVE CURRICULUM.
- Income
- $357,385
- Spending
- $446,293
- Spent on programs
- 98%
- Reserves
- 2.9 months of spending
- Largest source of income
- fees for its services, 91%
- Employees
- 34
- Volunteers
- 100
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 55 out of 100. Higher than 16% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 25% of income.
Income trend
10 of 15Income fell 4% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 1 cents.
Source: Form 990 for the year ending August 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 52 out of 100. Higher than 36% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
18 of 257 of 4 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.
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, 2025, 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 (3)
- $217,712 spent. SWIM NEW ORLEANS (DBA NU WAVE SWIM CLUB) IS A MEMBER OF UNITED STATES SWIMMING ANDLOUISIANA SWIMMING, AND THROUGH THIS MEANS TEACHES THE PRINCIPLES OF SWIMMING ANDSPORTSMANSHIP TO CHILDREN. THE PRIMARY SERVICE ACTIVITY IS THE YEAR ROUND SWIM TEAM,WHICH TEACHES COMPETITIVE SWIMMING TO CHILDREN AGES 5 THROUGH 19. THERE AREAPPROXIMATELY 140 MEMBERS OF THE TEAM, AND THE TRAINING SESSIONS OFFERED VARY BASEDON THE ATHLETE'S AGE AND ABILITY. THE YOUNGEST ATHLETES HAVE 4 HOUR SESSIONS PER WEEK. AS THE PROGRESS THROUGH THE PROGRAM, THE NUMBER OF TRAINING SESSIONS PER WEEK INCREASES SO THAT EVENTUALLY THEY WILL HAVE THE OPPORTUNITY TO TRAIN 6 DAYS PER WEEK, COMPRISED OF 8 SESSIONS OF APPROXIMATELY 2 TO 3 HOURS PER SESSION. THE ACTIVITY'S OBJECTIVE IS TO DEVELOP THE PHYSICAL AND MENTAL CAPABILITIESOF OUR ATHLETES. WE INSTILL IN OUR ATHLETES AN UNDERSTANDING OF AND APPRECIATION FOR THE CONCEPTS OF HIGH SELF-ESTEEM, PERSONAL ACCOUNTABILITY, SELF-DISCIPLINE, GOALSETTING, AND GOAL ACHIEVEMENT.OUR SECONDARY SERVICES ARE PROVIDING SWIM LESSON INSTRUCTION TO SWIMMERS OF ALL AGES AND OFFERING MASTERS SWIM TRAINING TO INDIVIDUALS 18 YEARS AND OLDER. SWIM NEW ORLEANS IS ALSO A MEMBER OF UNITED STATES MASTER SWIMMING.
- $130,627 spent. SWIM NEW ORLEANS OPERATES LEARN TO SWIM PROGRAMS WHICH INCLUDES BEGINNER TO ADULT SWIM LESSONS AND A STROKE SCHOOL PROGRAM WITH THE GOAL TO INTRODUCE PARTICIPANTS TO WATER SAFETY AND PROPER SWIM TECHNIQUE. OUR LEARN TO SWIM PROGRAMS VARY FROM ONE MONTH TO SEVERAL MONTHS IN DURATION AND OFFER THIRTY TO FORTY FIVE MINUTES OF INSTRUCTION MULTIPLE TIMES PER WEEK.
- $87,084 spent. SWIM NEW ORLEANS HAS MISCELLANEOUS SWIMMING ACTIVITIES SUCH AS SUMMER SWIM TEAM AND MASTERS SWIMMING, THROUGH WHICH WE INTRODUCE YOUNG CHILDREN TO COMPETITIVE SWIMMING DURING THE SUMMER AND THROUGH WHICH ADULT SWIMMERS ARE ABLE TO STAY FIT BY SWIMMING.
Source: Form 990 for the year ending August 31, 2025, 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? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 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? Passed.
Recognized by the IRS since May 2003.
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 November 4, 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.