BOWMAN WOODS SWIM & RACQUET CLUB LTD

EIN: 420988947

Cedar Rapids, IA

Total Revenue
$268,370
Total Expenses
$260,327
Total Assets
$415,543
Net Assets
$374,327
🔒

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
1972
Legal Domicile
IA
Phone
4049440014
Tax Period
2024-10-01 to 2025-09-30

BOWMAN WOODS SWIM & RACQUET CLUB LTD, founded in 1972, is a small nonprofit that reported $268K in total revenue in fiscal year 2024.

Mission

A NEIGHBORHOOD CLUB PROVIDING SWIMMING, TENNIS AND RELATED SOCIAL FAMILY RECREATION AT THE FACILITIES BETWEEN MEMORIAL DAY AND LABOR DAY EACH YEAR.

🔒

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 $267,144
Investment Income $1,226
Other Revenue $0
TOTAL REVENUE $268,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,509
Fundraising Expenses $0
Program Expenses $260,327
Other Expenses $155,818
TOTAL EXPENSES $260,327

Year-over-Year Comparison

2024 2023 Change
Revenue $268,370 $258,487 +0.0%
Expenses $260,327 $275,738 -0.1%
Net Income $8,043 $-17,251 -1.5%
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
12
Independent Members
12
Employees
34
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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BECKY BOLSINGER MEMBERSHIP 1.00
Director
$0 $0 $0
MARTIN CRAM POOL & GROUNDS 1.00
Director
$0 $0 $0
DREW HEBERT SOCIAL CO-CHAIR 1.00
Director
$0 $0 $0
JOSH JOHNSON SOCIAL CO-CHAIR 1.00
Director
$0 $0 $0
ANDREA SCHOENBECK WEBMASTER 1.00
Director
$0 $0 $0
FERNANDO GARCIA TENNIS CHAIR 1.00
Director
$0 $0 $0
SARAH LANGHURST SWIM TEAM CHAIR 1.00
Director
$0 $0 $0
CHRIS CARSELLO PRESIDENT 1.00
Officer
$0 $0 $0
COLLEEN LUCKEY VICE PRESIDENT 1.00
Officer
$0 $0 $0
MARK OEHLER SECRETARY 1.00
Officer
$0 $0 $0
CALEB HOUDEK CO-TREASURER 1.00
Officer
$0 $0 $0
JIM KURTH CO-TREASURER 1.00
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 $268,370 $260,327 $415,543 $8,043
2024 $258,487 $275,738 $433,763 $-17,251
2023 $323,249 $268,236 $482,610 $55,013
2022 $235,039 $251,132 $483,392 $-16,093
2021 $219,143 $233,490 $531,701 $-14,347
2020 $194,935 $228,505 $528,236 $-33,570
2019 $191,199 $242,176 $564,212 $-50,977
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BOWMAN WOODS SWIM & RACQUET CLUB LTD with other nonprofits in Iowa and across the country.