Utah Swimming Inc

EIN: 311102591 501(c)(3)

Springville, UT

Total Revenue
$442,616
Total Expenses
$319,354
Total Assets
$1,446,429
Net Assets
$1,446,429
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
UT
Principal Officer
Brian Cadman
Phone
8017879052
Tax Period
2025-01-01 to 2025-12-31

Utah Swimming Inc, founded in 1989, is a small nonprofit that reported $443K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 28% operating margin.

Mission

The Organization promotes the sport of amateur swimming in the State of Utah through the sponsorship of competitive swim meets and provides instruction and camps for participants of all skill levels.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $356,205
Investment Income $86,411
Other Revenue $0
TOTAL REVENUE $442,616

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,675
Fundraising Expenses $0
Program Expenses $314,334
Other Expenses $272,679
TOTAL EXPENSES $319,354

Year-over-Year Comparison

2025 2024 Change
Revenue $442,616 $310,646 +0.4%
Expenses $319,354 $337,029 -0.1%
Net Income $123,262 $-26,383 -5.7%
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
13
Independent Members
13
Employees
N/A
Volunteers
40

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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Trent Weight General Chair 1.00
Officer Director
$0 $0 $0
McKay Larsen Admin Vice Chair 1.00
Director
$0 $0 $0
Brian Cadman Finance Vice Chair 1.00
Officer Director
$0 $0 $0
Ashton Palmer Coach Rep 1.00
Director
$0 $0 $0
Pierre Guzman Safety Chair 1.00
Director
$0 $0 $0
Erik Harris Board Member 1.00
Director
$0 $0 $0
Dennis Tesch Board Member 1.00
Director
$0 $0 $0
Gretchen Lane Board Member 1.00
Director
$0 $0 $0
Julie Floyd Board Member 1.00
Director
$0 $0 $0
Ron Lockwood Board Member 1.00
Director
$0 $0 $0
Ava Glissmeyer Board Member 1.00
Director
$0 $0 $0
Sebastian Wrona Board Member 1.00
Director
$0 $0 $0
Sophie Wrona Board Member 1.00
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 $442,616 $319,354 $1,446,429 $123,262
2024 $310,646 $337,029 $1,317,240 $-26,383
2023 $390,515 $306,816 $1,291,913 $83,699
2022 $273,365 $260,390 $1,127,220 $12,975
2021 $390,018 $232,777 $1,231,452 $157,241
2020 $154,009 $124,692 $1,046,622 $29,317
2019 $555,849 $472,127 $974,730 $83,722
2018 $567,914 $534,919 $801,643 $32,995
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