Downers Grove Swim & Racquet Club (EIN 362272397) - 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

1954

Legal Domicile

Principal Officer

Tim Sullivan

Phone

6305159444

Tax Period

2024-11-01 to 2025-10-31

Downers Grove Swim & Racquet Club, founded in 1951, is a small nonprofit that reported $352K in total revenue in fiscal year 2017. Revenue decreased 6% compared to the prior year. Expenses of $406K exceeded revenue, resulting in a 15% operating deficit.

Mission

Provide recreation for its members.

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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 $760,134

Program Service Revenue $213,765

Investment Income $19,793

Other Revenue $0

TOTAL REVENUE $993,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $342,687

Fundraising Expenses $0

Other Expenses $503,412

TOTAL EXPENSES $846,099

Year-over-Year Comparison

	2024	2023	Change
Revenue	$993,692	$916,441	+0.1%
Expenses	$846,099	$784,061	+0.1%
Net Income	$147,593	$132,380	+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

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

142

Volunteers

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
Tim Sullivan	President	10.00	Officer	$0	$0	$0
Jason Schad	Personnel Director	2.00	Director	$0	$0	$0
Valerie Drews	Secretary	2.00	Officer	$0	$0	$0
James Lombard	Treasurer	10.00	Officer	$0	$0	$0
Wyatt Shea	Maintenance Director	2.00	Director	$0	$0	$0
Liz Miller	Social Director	2.00	Director	$0	$0	$0
Brian Lanucha	Food Service Director	2.00	Director	$0	$0	$0
Jamie Shifley	Swim Team Director	2.00	Director	$0	$0	$0
Noelle Schwartz	Sponshorship/Rentals	2.00	Director	$0	$0	$0
Aubrey Southall	Tennis Director	2.00	Director	$0	$0	$0
Bethany Marek	Vice President	2.00	Officer	$0	$0	$0
Jeannie Binz	Marketing	2.00	Director	$0	$0	$0
Allison Macfarlane	Membership	2.00	Director	$0	$0	$0
Carrie Redpath	Swim Lesson Director	2.00	Director	$0	$0	$0
Colleen Halloran	Dive Team/Lessons Director	2.00	Director	$0	$0	$0
Aleksandra Harris	Long Range planning	2.00	Director	$0	$0	$0
Chelsea Borchers	Water Polo programming	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	$993,692	$846,099	$1,378,578	$147,593
2024	$916,441	$784,061	$1,249,247	$132,380
2023	$913,604	$813,023	$1,141,863	$100,581
2022	$881,688	$732,090	$1,117,120	$149,598
2021	$802,716	$640,893	$991,748	$161,823
2020	$323,280	$411,994	$822,376	$-88,714
2019	$359,145	$430,476	$766,650	$-71,331
2018	$351,797	$406,293	$725,891	$-54,496

Downers Grove Swim & Racquet Club