Woodlands Swim Team
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROMOTE THE SPORT OF SWIMMING AND HELP SWIMMERS AT ALL LEVELS OF ABILITY ACHIEVE THEIR PERSONAL GOALS.
- Income
- $1.2 million
- Spending
- $1.2 million
- Spent on programs
- 96%
- Reserves
- 3.6 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 26
- Volunteers
- 300
- Highest pay
- $90,000, director
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
Good: 80 out of 100.
Reserves
20 of 35Spendable reserves would cover 3.6 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 7% of income.
Income trend
10 of 15Income fell 2% on the year before.
Spending floor
15 of 1596% 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
Weak: 47 out of 100.
Independent board
25 of 258 of 9 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
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
0 of 10Did not give 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)
- $752,527 spent. PROVIDING MEMBERS USE OF THE POOL AND FACILITIES, INVITATIONS TO ACTIVITIES AND EVENTS, AND COACH INTERACTION, INCLUDING REGISTRATION FOR SOME SWIMMERS IN OTHER SWIMMING ASSOCIATIONS.
- $254,531 spent. HOSTING SWIM MEETS FOR THE PUBLIC WHICH ENABLES SWIMMERS FROM ACROSS THE REGION TO COMPETE AGAINST EACH OTHER.
- $99,599 spent. PROVIDING TRAINING TO ENABLE EACH SWIMMER THE OPPORTUNITY TO MAXIMIZE THEIR INDIVIDUAL SWIMMING POTENTIAL, DEVELOP CHARACTER, BUILD TEAMWORK AND HAVE FUN. INSTRUCTING YOUTH APPROXIMATELY FOUR YEARS OLD AND UP HOW TO SWIM EACH OF THE FOUR STROKES FUNDAMENTALLY SOUND, AND PREPARE THEM FOR COMPETITION.
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 April 1986.
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.
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.