THE FRIENDS OF CENTRAL POOL INC

EIN: 352004644 501(c)(3) Recreation & Sports

NOBLESVILLE, IN

Total Revenue
$622,627
Total Expenses
$596,768
Total Assets
$546,859
Net Assets
$403,189
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IN
Principal Officer
GREG CONNER
Phone
3177732190
Tax Period
2023-01-01 to 2023-12-31

THE FRIENDS OF CENTRAL POOL INC, founded in 1997, is a small nonprofit in the Recreation & Sports sector that reported $623K in total revenue in fiscal year 2023. Expenses of $597K left a modest 4% surplus.

Mission

THE ORGANIZATION OPERATES THE COMMUNITY SWIMMING POOL LOCATED INSIDE THE CITY PARK. RESIDENTS OF THE COMMUNITY AND SURROUNDING AREAS ARE FREE TO USE THE POOL FACILITIES UPON PAYING A DAILY ADMISSION OR ANNUAL MEMBERSHIP PASS FEE USED TO COVER FACILITY OPERATING AND STAFFING COSTS. A CONCESSION STAND IS STAFFED BY THE ORGANIZATION OFFERING HEATED AND CHILLED FOODS, DRINKS AND CANDY ITEMS AVAILABLE FOR PURCHASE BY GUESTS FOR THEIR CONVENIENCE. GROUP EVENT STAFF COSTS ARE ALSO COLLECTED FROM CLUBS HOSTING AQUATIC EVENTS AT THE FACILITY WHEN CLOSED TO THE PUBLIC. A NOMINAL FEE IS RECEIVED FROM A LOCAL SWIM CLUB AT THE CLOSE OF THE SEASON FOR THE USE OF THE FACILITY TO CONDUCT SWIMMING LESSONS PROMOTING EDUCATION AND SAFE WATER ACTIVITIES TO THE GENERAL PUBLIC. ANNUAL PASSES, DAILY PASSES AND DISCOUNT COUPONS ARE GIVEN AT NO COST TO FAMILIES AND RESIDENTS IN NEED THROUGHOUT THE SEASON TO ENCOURAGE THE USE OF THE POOL FACILITIES REGARDLESS OF THE ABILITY TO PAY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,202
Program Service Revenue $392,225
Investment Income $308
Other Revenue $74,892
TOTAL REVENUE $622,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $212,782
Fundraising Expenses $0
Program Expenses $428,043
Other Expenses $383,986
TOTAL EXPENSES $596,768

Year-over-Year Comparison

2023 2022 Change
Revenue $622,627 $601,515 +0.0%
Expenses $596,768 $572,264 +0.0%
Net Income $25,859 $29,251 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
61
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG CONNER PRESIDENT 5.00
Officer Director
$0 $0 $0
RANDY CRUTCHFIELD SECRETARY 1.00
Officer Director
$0 $0 $0
DICK SIDNER VICE PRESIDE 1.00
Officer Director
$0 $0 $0
CHRIS SIKICH TREASURER 1.00
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
2024 No data No data No data No data
2023 $622,627 $596,768 $546,859 $25,859
2022 $601,515 $572,264 $528,241 $29,251
2021 $501,102 $497,939 $350,025 $3,163
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