THE GREAT CHESAPEAKE BAY SWIM INC (EIN 311679711) - 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

1999

Legal Domicile

Principal Officer

SHERRI TOLLEY

Phone

4107272404

Tax Period

2023-01-01 to 2023-12-31

THE GREAT CHESAPEAKE BAY SWIM INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $369K in total revenue in fiscal year 2023. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 54% operating margin.

Mission

THE GREAT CHESAPEAKE BAY SWIM SERVES AS A CHARITABLE FUNDRAISING EVENT TO BENEFIT OTHER CHARITIES.

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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 $37,881

Program Service Revenue $0

Investment Income $0

Other Revenue $330,706

TOTAL REVENUE $368,587

Expense Breakdown

Grants Paid $130,147

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,147

Other Expenses $40,925

TOTAL EXPENSES $171,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,587	$102,067	+2.6%
Expenses	$171,072	$49,176	+2.5%
Net Income	$197,515	$52,891	+2.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

375

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
SHERRI TOLLEY	PRESIDENT	8.00	Officer Director	$0	$0	$0
DEBBIE DAWSON	DIRECTOR	0.25	Director	$0	$0	$0
THERESA MORNINGSTAR	DIRECTOR	0.25	Director	$0	$0	$0
JASON CHANCE	DIRECTOR	8.00	Director	$0	$0	$0
MICHAEL LEARS	DIRECTOR	0.25	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
2024	No data	No data	No data	No data
2023	$368,587	$171,072	$265,719	$197,515
2022	$102,067	$49,176	$68,204	$52,891
2021	$6,234	$25,353	$15,313	$-19,119
2020	$208,083	$148,587	$51,532	$59,496
2019	$200,035	$209,650	$286	$-9,615
2018	$194,229	$192,975	$1,651	$1,254

THE GREAT CHESAPEAKE BAY SWIM INC