KC SWIM ACADEMY AND INFANT AQUATICS INC
Mission Statement
KC SWIM ACADEMY & INFANT AQUATICS, INC MISSION STATEMENT AND VISION OF CONTINUING SAFE SPORT PRACTICES KC SWIM ACADEMY & INFANT AQUATICS, INC. mission is to help save lives. We begin with aquatic safety programs and continue with competitive and non competitive swimming programs. Keeping the safety and well being of children around water, we are dedicated to ending sexual, physical, and emotional abuse on behalf of athletes everywhere. Protecting athletes at all levels from abuse and misconduct continues to be our number one goal. We ensure accountability of individuals and institutions to appropriate safety standards.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.9% | 94.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.1% | 4.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-5.2 mo | 6.6 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2441.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
14.8% | 10.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.6% | 14.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $472K | $494K | $-215,600 | 93.9% | 19 |
| 2022 | $411K | $447K | $-193,616 | 96.3% | 18 |
| 2021 | $325K | $288K | $-158,157 | 97.9% | 21 |
| 2020 | $187K | $491K | N/A | — | 16 |
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