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Passes our checks

Annapolis Swim Club Corporation

EIN 84-3015426 · Riva, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong93 out of 100GovernanceWeak26 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ANNAPOLIS SWIM CLUB (ASC) CHALLENGES ITS SWIMMERS TO PURSUE EXCELLENCE IN CHARACTER, SPORTSMANSHIP AND ACHIEVEMENT. ASC BELIEVE THIS IS BEST ACHIEVED IN A SAFE, SUPPORTIVE ENVIRONMENT WHERE COACHES AND PARENTS MODEL THESE CHARACTERISTICS.

Income
$919,857
Spending
$781,027
Spent on programs
98%
Reserves
11 months of spending
Largest source of income
fees for its services, 100%
Employees
22
Volunteers
7
Highest pay
$82,664, head coach/d

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

Strong: 93 out of 100. Higher than 80% of charities in its peer group (youth development, $250k to $1m).

  • Reserves

    28 of 35

    Spendable reserves would cover 11.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 15% of income.

  • Income trend

    15 of 15

    Income rose 10% on the year before.

  • Spending floor

    15 of 15

    98% of spending went to programs.

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: 26 out of 100. Higher than 5% of charities in its peer group (youth development, $250k to $1m).

  • Independent board

    5 of 25

    0 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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 (2)
  1. $459,737 spent. ANNAPOLIS SWIM CLUB (ASC) IS A MEMBERSHIP ORGANIZATION DEDICATED TO COACHING SWIMMERS FOR COMPETITIVE YOUTH SWIMMING AND ATTENDS AND HOSTS SWIM MEETS OR COMPETITIONS (MEETS) IN A SPORTS LEAGUE WITH OTHER COMPETITIVE SWIM CLUBS. THE MAIN ACTIVITY OF ASC IS THE COACHING OF THE MEMBER SWIMMERS TO HELP THEM IMPROVE IN THE SKILL OF COMPETITIVE SWIMMING.
  2. $301,896 spent. ASC HOSTS SOME, BUT NOT ALL OF THE MEETS THAT IT PARTICIPATES IN. MEMBERS COMPETE ON BEHALF OF ASC AND GET THEIR TIMES RECORDED WITH MARYLAND STATE SWIMMING. MEETS ALLOW MEMBER SWIMMERS TO BE RANKED WITH MARYLAND STATE SWIMMING AND TO QUALIFY TO COMPETE IN RANKED MEETS THAT ARE LOCAL, STATE AND NATIONAL LEVEL.

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.