Northern Kentucky Clippers Swimming Inc

The information for Northern Kentucky Clippers Swimming Inc is as of the organization's most recent filing in August '22. This organization is located in Erlanger, KY. It has been in existence for 23 years, following its founding in 1999.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Northern Kentucky Clippers Swimming Inc's NTEE code is N67. The "N" tells us that the organization is classified along with Recreation & Sports. The "67" tells us that the organization is involved in Swimming & Other Water Recreation. The NTEE describes organizations in this category as providing opportunities for people to learn and become competitive in various water sports such as swimming, diving, snorkeling, and more. Their mission is to foster the sport of amateur swimming at both the local and regional level through training meets and social events.

Program Areas

Program Area 1: The organization's program area number 1 focuses on training amateur swimmers. The coaches are responsible for determining the appropriate group placement to maximize the training of approximately 200 boys and girls between the ages of 8 and 18 years old.

Program Area 2: Within this program area, the organization participates in swimming meets both at home and away. They host approximately 5 home meets and attend 15 away meets. The objective of this program is to build team spirit through various events.

Organization Staffing

Northern Kentucky Clippers Swimming Inc is run by Tom Smith, who serves as the President of the organization. The organization has a small labor force, consisting of 27 employees. None of the employees are paid over $100k per year. Supporting the employees are 100 volunteers who contribute their time and efforts to the organization.

Board Governance

Northern Kentucky Clippers Swimming Inc appears to be well-governed based on the provided information. The organization has a total of 9 voting members, with 8 of them being independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further strengthens the organization's governance structure. Additionally, the fact that the organization has delegated management to an outside firm suggests a level of professionalism and expertise in handling its operations. The documentation of both board and committee meetings highlights a commitment to transparency and accountability. While the organization lacks a conflict of interest policy and requires disclosure of conflicts, the substantiation and review of leadership and officer salaries indicate a responsible approach to financial management. This suggests that the organization is taking measures to ensure that executive compensation is reasonable and justifiable. However, it is worth noting that the organization does not have a written whistleblower policy or document retention policy. These policies are crucial for promoting ethical behavior and ensuring the organization's compliance with legal and regulatory requirements. Overall, Northern Kentucky Clippers Swimming Inc demonstrates several positive governance practices, but there is room for improvement in certain areas to further enhance its governance structure.

Organization Growth

Over the given time period, the nonprofit organization Northern Kentucky Clippers Swimming Inc has experienced growth in various aspects. Contributions and grants received decreased from $21.8K in 2019 to $8.4K in 2021. However, program service revenue increased from $309.3K in 2019 to $393.8K in 2021, and other revenue also saw an increase from $5.9K in 2019 to $52.7K in 2021. The total revenue of the organization increased from $336.9K in 2019 to $454.9K in 2021. Additionally, the total number of employees grew from 23 in 2019 to 27 in 2021. Despite these positive trends, employee salaries decreased from $306.9K in 2019 to $243.1K in 2021. The total expenses of the organization increased from $330.9K in 2019 to $389.4K in 2021. The number of volunteers remained the same at 100 throughout the given time period. Overall, despite the decrease in contributions and grants received and employee salaries, Northern Kentucky Clippers Swimming Inc has shown growth in program service revenue, other revenue, total revenue, total employees, and total expenses.