SWIM NEW ORLEANS CO NICOLE A EICHBERGER

EIN: 421557602 501(c)(3) Recreation & Sports

NEW ORLEANS, LA

Total Revenue
$357,385
Total Expenses
$446,293
Total Assets
$113,939
Net Assets
$112,375
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
LA
Principal Officer
NICI EICHBERGER
Phone
5048583336
Tax Period
2024-09-01 to 2025-08-31

SWIM NEW ORLEANS CO NICOLE A EICHBERGER, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $357K in total revenue in fiscal year 2024. Expenses of $446K exceeded revenue, resulting in a 25% operating deficit.

Mission

SWIM NEW ORLEANS PROMOTES AMATEUR SWIMMING IN LOUISIANA BY ENCOURAGING PARTICIPATION IN THE SPORT AND PROMOTING SWIMMING TO CHILDREN. TO PROVIDE A QUALITY COMPETITIVE SWIMMING PROGRAM WHICH INSTILLS AN UNDERSTANDING OF, AND APPRECIATION FOR, THE CONCEPTS OF HIGH SELF-ESTEEM, PERSONAL ACCOUNTABILITY, SELF-DISCIPLINE, GOAL SETTING AND GOAL ACHIEVEMENT. WE ARE DEDICATED TO DEVELOPING THE MENTAL, EDUCATIONAL, PHYSICAL,ETHICAL, AND SOCIAL CAPACITY OF OUR ATHLETES, GUIDED BY QUALITY PROFESSIONAL COACHING. SWIM NEW ORLEANS OPERATES LEARN TO SWIM PROGRAMS WHICH INCLUDES BEGINNGER TO ADULT SWIM LESSONS AND A STROKE SCHOOL PROGRAM WITH THE GOAL TO INTRODUCE PARTICIPANTS TO WATER SAFETY AND PROPER SWIM TECHNIQUE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,256
Program Service Revenue $324,124
Investment Income $0
Other Revenue $24,005
TOTAL REVENUE $357,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,837
Fundraising Expenses $75
Program Expenses $435,423
Other Expenses $265,456
TOTAL EXPENSES $446,293

Year-over-Year Comparison

2024 2023 Change
Revenue $357,385 $373,906 0.0%
Expenses $446,293 $459,318 0.0%
Net Income $-88,908 $-85,412 +0.0%
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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Governance

Voting Members
4
Independent Members
7
Employees
34
Volunteers
100

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA ROYSTER Director 10.00
Director
$0 $0 $0
NICI EICHBERGER President & CEO 10.00
Officer Director
$0 $0 $0
NICOLE BEEBE Director 10.00
Director
$0 $0 $0
JOHN BALHOFF Treasurer 10.00
Officer 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 $357,385 $446,293 $113,939 $-88,908
2024 $373,906 $459,318 $206,182 $-85,412
2023 $379,869 $430,465 $296,147 $-50,596
2022 $423,701 $393,438 $370,664 $30,263
2021 $516,864 $383,957 $328,782 $132,907
2020 $348,697 $370,032 $269,277 $-21,335
2019 $439,095 $418,247 $269,419 $20,848
2018 $417,048 $416,123 $256,932 $925
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