Swim Across America Inc
- Assets
- $6.9m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Charlotte, NC
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 22-3248256
Organization Overview
Swim Across America Inc is located in Charlotte, NC. The organization was established in 1993. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Swim Across America Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Swim Across America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Swim Across America Inc generated $9.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $9.3m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Swim Across America Inc has awarded 253 individual grants totaling $44,569,145. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SAA IS DEDICATED TO RAISING MONEY AND AWARENESS FOR CANCER RESEARCH, PREVENTION AND TREATMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS COMMITTED TO SELECTING WORTHY BENEFICIARIES FOR GRANTS FOR CANCER RESEARCH AND TREATMENT. DURING 2022, SWIM ACROSS AMERICA GRANTED $6,232,000 TO 34 ORGANIZATIONS IN FURTHERANCE OF THE ORGANIZATION GOAL TO FIGHT TO ACHIEVE A CURE FOR CANCER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Butcher Chief Executive Officer | Officer | 40 | $345,000 |
Amy Wheatley Chief Operating Officer | 40 | $121,500 | |
Craig Beardsley Vice President Of Partnerships | 40 | $111,000 | |
Ryan Baucom Vice President Of Marketing | 40 | $110,500 | |
Matthew Vossler Director | Trustee | 1 | $0 |
Robert Coakley Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blackbaud Inc Credit Card Processing Fees | 12/30/19 | $321,347 |
Blackbaud Inc Website Hosting/data Management | 12/30/19 | $140,232 |
Proforma Graphics Graphic And Printing Services | 12/30/19 | $118,468 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,808,448 |
| Noncash contributions included in lines 1a–1f | $14,544 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,808,448 |
| Total Program Service Revenue | $0 |
| Investment income | $124,194 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$86,288 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,886,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,232,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $377,692 |
| Compensation of current officers, directors, key employees. | $37,769 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $640,575 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,435 |
| Payroll taxes | $64,352 |
| Fees for services: Management | $4,408 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,930 |
| Fees for services: Other | $563,071 |
| Advertising and promotion | $101,440 |
| Office expenses | $231,220 |
| Information technology | $12,114 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $220,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,990 |
| Insurance | $38,580 |
| All other expenses | $0 |
| Total functional expenses | $9,278,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,809,745 |
| Savings and temporary cash investments | $2,773,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,945 |
| Prepaid expenses and deferred charges | $300 |
| Net Land, buildings, and equipment | $42,573 |
| Investments—publicly traded securities | $1,301,003 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,946,839 |
| Accounts payable and accrued expenses | $14,783 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,783 |
| Net assets without donor restrictions | $4,082,056 |
| Net assets with donor restrictions | $2,850,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,946,839 |
Grants Awarded
Over the last fiscal year, Swim Across America Inc has awarded $6,229,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
UCSF FOUNDATION PURPOSE: CANCER RESEARCH | $420,000 |
DANA-FARBER CANCER INSTITUTE AND THE JIMMY FUND PURPOSE: CANCER RESEARCH | $142,500 |
MEMORIAL SLOAN-KETTERING CANCER CENTER PURPOSE: CANCER RESEARCH | $340,000 |
ALLIANCE FOR CANCER GENE THERAPY PURPOSE: CANCER RESEARCH | $315,000 |
COLD SPRING HARBOR LABORATORY PURPOSE: CANCER RESEARCH | $120,000 |
JOHNS HOPKINS PURPOSE: CANCER RESEARCH | $400,000 |