USA Swimming Inc New England Swimming

EIN: 311102579 501(c)(3) Recreation & Sports

Needham, MA

Total Revenue
$696,806
Total Expenses
$565,077
Total Assets
$1,029,788
Net Assets
$989,666
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
Russell Betsy
Phone
7814490270
Tax Period
2024-09-01 to 2025-08-31

USA Swimming Inc New England Swimming, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $697K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 19% operating margin.

Mission

The Organization (NESI) is dedicated to educating, instructing and training individuals to develop and improve their capabilities in the sport of swimming. NESI promotes swimming for the benefit of athletes of all ages and abilities in accordance with the standards, rules, regulations and policies of United States Swimming, Inc.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $331,537
Program Service Revenue $332,896
Investment Income $32,373
Other Revenue $0
TOTAL REVENUE $696,806

Expense Breakdown

Grants Paid $4,520
Salaries & Benefits $164,951
Fundraising Expenses $0
Program Expenses $309,192
Other Expenses $395,606
TOTAL EXPENSES $565,077

Year-over-Year Comparison

2024 2023 Change
Revenue $696,806 $563,475 +0.2%
Expenses $565,077 $528,087 +0.1%
Net Income $131,729 $35,388 +2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
15
Independent Members
N/A
Employees
3
Volunteers
500

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
3
$24,756
Total Directors
15
$24,756
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Healey Carol F Treasurer 10.00
Officer Director
$24,756 $0 $24,756
Jeffrey Rhiannon Chairman 8.00
Director
$0 $0 $0
Castaldo Jonathan Chairman 3.00
Director
$0 $0 $0
Russell Betsy President 12.00
Officer Director
$0 $0 $0
Glass Bill Chairman 3.00
Director
$0 $0 $0
Hunter Patrick Chairman 3.00
Director
$0 $0 $0
Gowern Greg Representative 2.00
Director
$0 $0 $0
Workman Jessica Secretary 2.00
Officer Director
$0 $0 $0
Willis Wayne Chairman 2.00
Director
$0 $0 $0
Pascale-Freshette Susan Chairman 2.00
Director
$0 $0 $0
Ford Jesse Representative 2.00
Director
$0 $0 $0
Chung Jason Representative 2.00
Director
$0 $0 $0
Antonucci Elizabeth Representative 2.00
Director
$0 $0 $0
Staats Elizabeth Representative 2.00
Director
$0 $0 $0
Main Emma Representative 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 $696,806 $565,077 $1,029,788 $131,729
2024 $563,475 $528,087 $882,232 $35,388
2023 $516,683 $486,660 $832,782 $30,023
2022 $473,292 $407,164 $805,553 $66,128
2021 $266,705 $354,774 $714,522 $-88,069
2020 $454,874 $606,083 $799,724 $-151,209
2019 $540,050 $647,358 $943,853 $-107,308
2018 $573,328 $512,667 $1,049,479 $60,661
Explore More Nonprofits
Top 100 Nonprofits in Massachusetts Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare USA Swimming Inc New England Swimming with other nonprofits in Massachusetts and across the country.