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Filing year 2024

HOPE FLOATS FOUNDATION INC

Simsbury, Connecticut·EIN 81-2681890·NTEE N67 · Recreation & Sports·501(c)(3)
Total revenue
$745k
Total assets
$570k
Total expenses
$597k
Reported officers
10
Mission

Hope Floats Foundation partners with high quality swim schools to provide swim lesson scholarships for children whose families can not afford to pay. Drowning is a leading cause of death for children, and participation in formal swimming lessons reduces the risk of drowning by 88 percent. Our mission is to make sure that all children have access to learning this essential life skill, and to partner with swim schools to ensure they have the resources to make this happen in their own local communities.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Executive Director
Median to 75th percentile
$100k
$108k
Base
$100k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOPE FLOATS FOUNDATION INC equaled 17% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
17%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 35%
from 2023

From $74k in 2023 to $100k in 2024.

$74k
2023
$100k
2024
In today's dollarsEst.
Up 30% in real terms$83k to $108k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 35% from 2023 to 2024, while revenue rose 48%.

$74k in 2023 to $100k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOPE FLOATS FOUNDATION INC

What does the Chief Executive Officer of HOPE FLOATS FOUNDATION INC earn?

In 2024, the Chief Executive Officer of HOPE FLOATS FOUNDATION INC received $100,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Recreation & Sports organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOPE FLOATS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2024 pay of the Chief Executive Officer at HOPE FLOATS FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at HOPE FLOATS FOUNDATION INC equaled 17% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are HOPE FLOATS FOUNDATION INC's revenue and expenses?

In 2024, HOPE FLOATS FOUNDATION INC reported $745k in total revenue and $597k in total expenses on its IRS Form 990.

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