CHARLOTTE SWIM ASSOCIATION INC
Mission Statement
Team Charlotte Swimming (TEAM) is a complete year-round competitive swimming program that seeks to challenge, encourage, and equip each age group athlete with the tools and skills required to swim competitively. We employ 10 professional coaches, train and learn from over 250 competitive swimmers, and operate out of 4 aquatic facilities in the Charlotte area. We offer a dynamic yet challenging learning environment that emphasizes hard work & great technique, along with a dynamic culture where coaches, swimmers and parents are passionate about the sport of competitive swimming and supporting one another in and out of the pool. TEAM provides each athlete with a comprehensive, data driven program comprised of quality coaching, speed, strength, flexibility & endurance training. Combined with good nutrition, stroke development, mental preparation and goal setting, our club prepares each swimmer to accomplish his/her individual goals in the pool, and in life.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 95.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 3.4% |
P10P90
|
Top quarter |
|
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
|
4.6 mo | 6.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.0% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.5% | 6.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.4% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.8% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $894K | $937K | $362K | 100.0% | 17 |
| 2024 | $817K | $849K | $404K | 100.0% | 17 |
| 2023 | $704K | $823K | $436K | 100.0% | 17 |
| 2022 | $832K | $699K | $555K | 100.0% | 17 |
| 2021 | $550K | $570K | N/A | — | 17 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.