SWAC SWIM TEAM INC

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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

1994

Legal Domicile

Principal Officer

COURTNEY POSWINSKI

Phone

2604455306

Tax Period

2024-09-01 to 2025-02-07

SWAC SWIM TEAM INC, founded in 1994, is a small nonprofit that reported $104K in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $71K, a strong 69% operating margin.

Mission

CREATE A REWARDING YOUTH SWIMMING EXPERIENCE THROUGH A CULTURE OF TEAM SPIRIT, INCLUSION, PERSONAL ACHIEVEMENT AND RESPECT.

Program Service Accomplishments

Program 1

Expenses: $25,383 Revenue: $3,894

CREATE A REWARDING YOUTH SWIMMING EXPERIENCE THROUGH A CULTURE OF TEAM SPIRIT, INCLUSION, PERSONAL ACHIEVEMENT AND RESPECT. THE ORGANIZATION WAS DISSOLVED IN FEBRUARY 2025 AND THEREFORE DIDN'T HAVE...

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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 (2024)

Revenue Breakdown

Contributions & Grants $79,964

Program Service Revenue $3,894

Investment Income $19,988

Other Revenue $0

TOTAL REVENUE $103,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,111

Fundraising Expenses $0

Program Expenses $25,383

Other Expenses $5,310

TOTAL EXPENSES $32,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,846	$335,988	-0.7%
Expenses	$32,421	$425,027	-0.9%
Net Income	$71,425	$-89,039	-1.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATT HIBISKE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KRISTIN HUFF	TREASURER	N/A	Officer Director	$0	$0	$0
AMY LAZOFF	GOVERNANCE C	N/A	Officer Director	$0	$0	$0
RAMONA VERONICA SIERRA LEDEZMA	SECRETARY	N/A	Officer Director	$0	$0	$0
COURTNEY POSWINSKI	PRESIDENT	N/A	Officer 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	$103,846	$32,421	No data	$71,425
2024	$335,988	$425,027	$105,886	$-89,039
2023	$352,020	$365,694	$194,926	$-13,674
2022	$412,914	$373,708	$223,520	$39,206
2021	$394,710	$427,806	$178,577	$-33,096
2020	$340,005	$360,133	$235,409	$-20,128
2019	$369,312	$337,047	$253,428	$32,265