FOREST HILLS SWIM CLUB INC

EIN: 381651402

BIRMINGHAM, MI

Total Revenue
$601,634
Total Expenses
$615,710
Total Assets
$403,783
Net Assets
$382,553
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
MI
Principal Officer
PAUL WHEELER
Phone
2486426930
Tax Period
2024-11-01 to 2025-10-31

FOREST HILLS SWIM CLUB INC, founded in 1960, is a small nonprofit that reported $602K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

OPERATION OF THREE-MONTH SUMMER SWIMMING POOL FOR APPROXIMATELY 400 MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $589,381
Investment Income $12,253
Other Revenue $0
TOTAL REVENUE $601,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $219,147
Fundraising Expenses $0
Program Expenses $615,710
Other Expenses $396,563
TOTAL EXPENSES $615,710

Year-over-Year Comparison

2024 2023 Change
Revenue $601,634 $522,826 +0.2%
Expenses $615,710 $614,290 +0.0%
Net Income $-14,076 $-91,464 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
64
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS MCKINLEY SECRETARY 5.00
Officer
$0 $0 $0
DEREK PUTRUS TREASURER 5.00
Officer
$0 $0 $0
PAUL WHEELER PRESIDENT 5.00
Officer
$0 $0 $0
SANDRA WOLFF VICE-PRESIDE 5.00
Officer
$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 $601,634 $615,710 $403,783 $-14,076
2024 $522,826 $614,290 $426,179 $-91,464
2023 $534,585 $484,574 $525,777 $50,011
2022 $486,021 $560,954 $438,969 $-74,933
2021 $460,050 $615,946 $513,015 $-155,896
2020 $356,875 $353,525 $668,911 $3,350
2019 $414,660 $392,475 $665,561 $22,185
2018 $369,618 $362,449 $643,376 $7,169
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOREST HILLS SWIM CLUB INC with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.