Nonprofit · EIN 81-3732331
CAROLINA SWIMS FOUNDATION
Tax-exempt · CHAPEL HILL, NC 27517
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,935 | $23,028 | -$6,093 | $16,827 | $0 | $16,827 |
| December 31, 2024 | 990 | $28,236 | $18,645 | $9,591 | $22,920 | $0 | $22,920 |
| December 31, 2023 | 990 | $21,774 | $18,616 | $3,158 | $13,329 | $0 | $13,329 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,935
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $18,522
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $525
- Depreciation
- $976
- Program services (functional)
- $18,522
- Management and general (functional)
- $4,506
Balance sheet and other
- Total assets, start of year
- $22,920
- Total assets, end of year
- $16,827
- Total liabilities, end of year
- $0
- Net assets, end of year
- $16,827
- Land, buildings and equipment
- $6,706
- Net assets without donor restrictions
- $16,827
- Gross receipts
- $16,935
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CHAIRES | President Trustee or director | 10 | $0 |
| ROBIN TERRY | Treasurer Trustee or director | 5 | $0 |
| BEN COLLEY | Secretary Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CHAIRES | President Trustee or director | 10 | $0 |
| ROBIN TERRY | Treasurer Trustee or director | 5 | $0 |
| BEN COLLEY | Secretary Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SARAH CHAIRES | President Trustee or director | 10 | $0 |
| ROBIN TERRY | Treasurer Trustee or director | 5 | $0 |
| BEN COLLEY | Secretary Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 924 PINEHURST DR, CHAPEL HILL, NC 27517-3432
- In care of
- % SARAH CHAIRES
- Mailing address (990-N for 2023)
- 924 Pinehurst Drive, Chapel Hill NC 27517
- Principal officer (990 for 2025)
- SARAH CHAIRES, 924 PINEHURST DRIVE, CHAPEL HILL, NC 275173432
- Principal officer (990-N for 2023)
- Sarah Chaires, 924 Pinehurst Drive, Chapel Hill NC 27517
- Signed the 990
- SARAH CHAIRES, President
- Phone
- (919) 593-4974
- Return prepared by
- Steven W Mihlstin CPA
Mission
By "Giving the Gift of Swim" to children in foster care, and others that can not afford it, through a swim lesson, provides children life-saving skills, and helps to build mastery in their own lives (both mentally and physically) through the medium of swimming while also preventing drownings.
Program accomplishments
- To provide a pool rentals,so children and adults that can not swim, can learn to swim.Expenses $12,360 · grants $12,360
- To provide swimming lessons,so children that can not afford to learn to swim, can learn to swim.Expenses $4,335 · grants $4,335
- To provide water safety educational materials to children that could be at risk to drowning.Expenses $1,827 · grants $1,827
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 81-3732331
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $16,827
- Income (IRS master file)
- $16,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,935 | $23,028 | $16,827 | IRS |
| 990 | December 2024 | $28,236 | $18,645 | $22,920 | IRS |
| 990-N for 2023 Officer: Sarah Chaires | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2023 | $21,774 | $18,616 | $13,329 | XML |
| 990-N for 2022 Officer: Sarah Chaires | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Sarah Chaires | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Sarah Chaires | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Sarah Chaires | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3732331).
Questions about CAROLINA SWIMS FOUNDATION
- What is the EIN of CAROLINA SWIMS FOUNDATION?
- The employer identification number (EIN) of CAROLINA SWIMS FOUNDATION is 81-3732331.
- Is CAROLINA SWIMS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to CAROLINA SWIMS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAROLINA SWIMS FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CAROLINA SWIMS FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAROLINA SWIMS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CAROLINA SWIMS FOUNDATION?
- The 990 for the year ended December 31, 2025 names SARAH CHAIRES.
- Who are the officers and directors of CAROLINA SWIMS FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CAROLINA SWIMS FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,935, expenses of $23,028 and total assets of $16,827 at year end.
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- JOAN G AND MICHAEL R POTTER FOUNDATION EIN 32-0238957 · last filed 990-PF for 2025
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All nonprofits in CHAPEL HILL · North Carolina · Youth development