First Colony Swim Team Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FIRST COLONY SWIM TEAM CREATES OPPORTUNITIES, WITHIN A SAFE AND SUPPORTIVE ENVIRONMENT, FOR SWIMMERS TO MERGE PASSION AND COMMITMENT WITH EXPERTISE, RESULTING IN THE HIGHEST LEVEL OF PERSONAL PERFORMANCE.
- Income
- $2.6 million
- Spending
- $2.4 million
- Spent on programs
- 87%
- Reserves
- 2.8 months of spending
- Largest source of income
- fees for its services, 97%
- Employees
- 46
- Volunteers
- 450
- Highest pay
- $129,024, head coach
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: 65 out of 100.
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
10 of 20It owes 31% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 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
Good: 80 out of 100.
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a 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
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 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)
- $1.9 million spent. THIS FCST PROGRAM PROVIDES ADVANCED TEACHING AND COACHING INSTRUCTION FOR ALL AGES. THE SWIM TEAM AIMS TO PROVIDE OPPORTUNITIES FOR SWIMMERS TO IMPROVE THEIR STROKE MECHANICS AND OVERALL ATHLETIC PERFORMANCE. SPECIFICALLY, OUR COMPETITIVE TEAM PROVIDES AN OPPORTUNITY FOR YOUTH SWIMMERS (6-18) TO DEVELOP THEIR SWIMMING SKILLS AND PERSONAL CHARACTER THROUGH STRUCTURED PRACTICES AND COMPETITION. OUR MASTERS TEAM PROVIDES AN OPPORTUNITY FOR ADULTS (18+) TO CONTINUE TO EXERCISE, TRAIN, AND COMPETE THROUGH SWIMMING. FCSTS SWIM TEAM COACHES ARE EXPERTS IN THE SPORT AND PROVIDE QUALITY SWIMMING INSTRUCTION TO FCSTS 650+ SWIM TEAM MEMBERS.
- $107,119 spent. FCSTS GROUP AND PRIVATE LESSONS PROGRAMS ARE DESIGNED TO TEACH AND ENHANCE SWIM SKILLS FOR INDIVIDUALS OF ALL AGES AND ABILITIES. FROM WATER SAFETY AND LEARN-TO-SWIM INSTRUCTION TO THE REFINEMENT OF ADVANCED TECHNICAL SKILLS, EVERY SWIMMER IS GIVEN THE OPPORTUNITY TO GROW, BUILD CONFIDENCE, AND PROGRESS TOWARD THEIR PERSONAL PERFORMANCE GOALS. SKILL DEVELOPMENT IS DELIVERED THROUGH YEAR-ROUND, 1-ON-1 PRIVATE LESSONS AS WELL AS SUMMER GROUP LESSONS, EACH FOLLOWING A STRUCTURED, SKILL-BASED PROGRESSION. THIS CURRICULUM SUPPORTS A NATURAL TRANSITION FROM INDIVIDUAL WATER SAFETY AND BEGINNER SWIM SKILLS TO STRUCTURED GROUP TRAINING AND ULTIMATELY TEAM-BASED SWIMMING. FCST SERVES AN AVERAGE OF 100 SWIMMERS EACH MONTH THROUGH PRIVATE LESSONS AND NEARLY 500 SWIMMERS EACH SUMMER THROUGH GROUP LESSONS, BUILDING STRONG FOUNDATIONS AND A LASTING APPRECIATION FOR SWIMMING.
- $91,370 spent. FCSTS NON-COMPETITIVE PROGRAM IS DESIGNED TO STRENGTHEN THE FOUNDATION OF YOUNG SWIMMERS (AGE 5-18) AND PREPARE THEM FOR FUTURE SUCCESS ON A SWIM TEAM. THE PRIMARY GOAL OF SWIM LEAGUE IS TO DEVELOP STRONG STROKE FUNDAMENTALS, BUILD CONFIDENCE, AND IMPROVE OVERALL FITNESS IN A SUPPORTIVE, TEAM-BASED ENVIRONMENT - WITHOUT THE PRESSURE OF SWIM MEETS. THROUGH STRUCTURED COACHING, AEROBIC-BASED WORKOUTS, AND MEASURED SKILL BENCHMARKS, SWIMMERS CONTINUE PROGRESSING BEYOND BASIC SWIM LESSONS WHILE EXPERIENCING WHAT IT FEELS LIKE TO BE PART OF A TEAM. SWIM LEAGUE SERVES OVER 500 SWIMMERS EACH FISCAL YEAR, OFFERED ACROSS THREE SESSIONS: FALL, WINTER/SPRING, AND SUMMER.
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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 2026.
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