WAUKESHA EXPRESS SWIM TEAM INC (EIN 391368110) - 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

1981

Legal Domicile

Principal Officer

LAURIE CARLSON

Phone

2628934679

Tax Period

2023-09-01 to 2024-08-31

WAUKESHA EXPRESS SWIM TEAM INC, founded in 1981, is a community nonprofit in the Recreation & Sports sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 6% surplus.

Mission

TO PROVIDE SWIM LESSONS TO PRESCHOOL AND SCHOOL AGE CHILDREN AND MANAGE A YOUTH AMATEUR COMPETITIVE SWIM TEAM.

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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 $17,889

Program Service Revenue $1,148,683

Investment Income $0

Other Revenue $11,729

TOTAL REVENUE $1,178,301

Expense Breakdown

Grants Paid $2,381

Salaries & Benefits $492,891

Fundraising Expenses $0

Program Expenses $1,061,101

Other Expenses $609,941

TOTAL EXPENSES $1,105,213

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,178,301	$917,009	+0.3%
Expenses	$1,105,213	$932,908	+0.2%
Net Income	$73,088	$-15,899	-5.6%

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

250

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

$258,447

Total Directors

$258,447

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLAINE CARLSON	PRESIDENT/HEAD COACH	55	Officer Director	$130,196	$0	$130,196
LAURIE CARLSON	TREASURER/SECRETARY/PROGRAM COORDINATOR	55	Officer Director	$128,251	$0	$128,251
CHRISTY JAGDFELD	BOARD MEMBER/SAFTEY CHAIR	2	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	$1,178,301	$1,105,213	$119,263	$73,088
2023	$917,009	$932,908	$57,104	$-15,899
2022	$1,089,238	$1,051,019	$59,161	$38,219
2021	$1,001,501	$934,714	$109,829	$66,787
2020	$662,527	$817,047	$162,261	$-154,520
2019	$1,053,390	$1,072,211	$207,160	$-18,821
2018	$1,028,128	$968,171	$228,238	$59,957

WAUKESHA EXPRESS SWIM TEAM INC