Central AR Swim Club Inc

EIN: 260386584 501(c)(3) Recreation & Sports

Little Rock, AR

Total Revenue
$295,750
Total Expenses
$289,768
Total Assets
$5,982
Net Assets
$5,982
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
AR
Tax Period
2023-09-01 to 2024-08-31

Central AR Swim Club Inc, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $288K in total revenue in fiscal year 2017. Expenses of $247K left a modest 14% surplus.

Mission

To Educate and instruct children in the sport of swimming in a positive manner that will affect them not only in swimming but in life.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $295,750
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $295,750

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,221
Fundraising Expenses $0
Program Expenses $289,768
Other Expenses $167,547
TOTAL EXPENSES $289,768

Year-over-Year Comparison

2023 2022 Change
Revenue $295,750 N/A N/A
Expenses $289,768 N/A N/A
Net Income $5,982 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
17
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adam Nelsen President 0.00
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
2024 $295,750 $289,768 $5,982 $5,982
2023 $338,288 $345,078 $5,914 $-6,790
2022 $371,751 $404,617 $17,002 $-32,866
2020 $340,611 $350,366 $49,005 $-9,755
2019 $314,089 $338,407 $30,549 $-24,318
2018 $287,891 $246,623 $61,114 $41,268
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