SOUTH METRO STORM SWIM CLUB (EIN 411674019) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

Phillip Smith

Phone

6122394547

Tax Period

2023-01-01 to 2023-12-31

SOUTH METRO STORM SWIM CLUB, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $841K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $780K left a modest 7% surplus.

Mission

To provide the recreation and education of swimming for its membership

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $837,451

Investment Income $4,037

Other Revenue $0

TOTAL REVENUE $841,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $409,733

Fundraising Expenses $0

Program Expenses $0

Other Expenses $370,446

TOTAL EXPENSES $780,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$841,488	$738,939	+0.1%
Expenses	$780,179	$658,678	+0.2%
Net Income	$61,309	$80,261	-0.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$220,014

Total Directors

$110,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Smith	Vice President & Treasurer	40	Officer Director	$110,750	$0	$110,750
Phillip Smith	President & Secretary	40	Officer	$109,264	$0	$109,264
Rick Ringeisen	Board Member	0	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	$841,488	$780,179	$285,320	$61,309
2022	$738,939	$658,678	$230,213	$80,261
2021	$713,644	$611,601	$149,951	$102,043
2020	$225,423	$324,311	$49,735	$-98,888
2019	$489,927	$503,946	$94,585	$-14,019
2018	$527,788	$554,973	$108,604	$-27,185

SOUTH METRO STORM SWIM CLUB