Non-Profit FAQs
Can a non-profit swim club be sold?
Not traditionally, since non-profits don't have owners. However, the board can vote to dissolve and sell assets to a for-profit entity (most common), enter a management agreement where I run operations, or pursue a merger (rare and complex). The asset purchase method is cleanest.
What compensation can the head coach expect if the club transitions to for-profit?
We offer a comprehensive package that most non-profits can't match: 10-20% immediate salary increase, performance bonuses tied to retention and growth, equity ownership vesting over 3-5 years, profit sharing, and reduced workload through hiring admin and assistant coaching staff.
What happens to the non-profit's money when it's sold?
IRS rules require that proceeds go to another 501(c)(3) charity. The board votes on which organization receives the funds—typically USA Swimming Foundation, local youth charities, or community foundations. Board members do not personally benefit.
Why should I support switching from non-profit to for-profit?
Beyond higher pay, you gain autonomy (no board interference in coaching decisions), career growth opportunities (certifications, mentorship, elite coaching pathways), better resources (equipment, travel budgets, more pool time), long-term stability (3-5 year contracts), equity ownership (you benefit when the club grows), and reduced administrative burden. Most non-profit coaches are underpaid, overworked, and lack growth opportunities. This transition gives you the resources and support to build a real career.
What role does the head coach play in a non-profit acquisition?
You're the most critical person in the transition. Before the sale, you influence the board's decision and provide operational insights during due diligence. During the sale, you help communicate the change to members and retain families. After closing, you continue running day-to-day operations while I handle business growth. If you support the transition, members follow. If you leave, we could lose 30-50% of membership. That's why I meet with you first and make you a true partner.
What autonomy will I have over coaching decisions?
You'll have full control over training philosophy, practice schedules, meet selection, and coaching staff hiring. I won't micromanage how you coach—that's your expertise. My job is to handle business operations (billing, marketing, facility negotiations, growth strategy) and provide you with the resources you need to succeed. You focus on coaching excellence, I focus on business excellence.