RIDLEY PARK SWIM CLUB SMITH

EIN: 231548032 Recreation & Sports

RIDLEY PARK, PA

Total Revenue
$280,208
Total Expenses
$296,793
Total Assets
$935,695
Net Assets
$706,003
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
PA
Principal Officer
RICHARD SMITH
Phone
6108830066
Tax Period
2023-01-01 to 2023-12-31

RIDLEY PARK SWIM CLUB SMITH, founded in 1960, is a small nonprofit in the Recreation & Sports sector that reported $280K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Net assets of $706K represent 30 months of operating reserves.

Mission

TO PROVIDE REST AND AQUATIC RECREATION FOR ITS MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $240,220
Program Service Revenue $0
Investment Income $0
Other Revenue $39,988
TOTAL REVENUE $280,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,816
Fundraising Expenses $1,890
Other Expenses $177,977
TOTAL EXPENSES $296,793

Year-over-Year Comparison

2023 2022 Change
Revenue $280,208 $317,825 -0.1%
Expenses $296,793 $255,051 +0.2%
Net Income $-16,585 $62,774 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
35
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY KOVAC PRESIDENT N/A
Officer
$0 $0 $0
NICHOLAS CROCETTO VICE PRESIDE N/A
Officer
$0 $0 $0
ANTOINETTE CROCETTTO SECRETARY N/A
Officer
$0 $0 $0
RICHARD SMITH TREASURER N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $280,208 $296,793 $935,695 $-16,585
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