SHERIDAN SWIM TEAM INC (EIN 262325847) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

Michelle Hart

Phone

2172241051

Tax Period

2023-01-01 to 2023-12-31

SHERIDAN SWIM TEAM INC, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $112K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $130K exceeded revenue, resulting in a 16% operating deficit.

Mission

Sheridan is a youth based swim team dedicated to providing competitive swim training and lessons to residents of Quincy and the surrounding communities.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $228

Program Service Revenue $111,460

Investment Income $139

Other Revenue $0

TOTAL REVENUE $111,827

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,853

Fundraising Expenses $0

Program Expenses $125,571

Other Expenses $73,648

TOTAL EXPENSES $129,501

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,827	$149,061	-0.2%
Expenses	$129,501	$121,574	+0.1%
Net Income	$-17,674	$27,487	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE HART	TREASURER	2.00	Officer Director	$0	$0	$0
JOSH WILLIAMS	PRESIDENT	5.00	Officer Director	$0	$0	$0
ANDREA MUSHOLT	SECRETARY	2.00	Officer Director	$0	$0	$0
RACHEL CAWTHON	DIRECTOR	2.00	Director	$0	$0	$0
Rob Genegenbacher	DIRECTOR	2.00	Director	$0	$0	$0
Rudy Hadsell	Director	2.00	Director	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$111,827	$129,501	$72,064	$-17,674
2022	$149,061	$121,574	$89,738	$27,487
2021	$161,653	$134,531	$62,251	$27,122
2020	$103,670	$78,391	$35,128	$25,279
2019	$117,568	$124,282	$9,850	$-6,714
2018	$112,381	$110,992	$16,564	$1,389

SHERIDAN SWIM TEAM INC