SHAKER SHARKS SWIMMING TEAM

EIN: 452067664 501(c)(3)

SHAKER HEIGHTS, OH

Total Revenue
$247,771
Total Expenses
$257,311
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
OH
Principal Officer
ERIC PETERSON
Phone
2162954163
Tax Period
2021-08-01 to 2022-07-31

SHAKER SHARKS SWIMMING TEAM, founded in 2011, is a small nonprofit that reported $248K in total revenue in fiscal year 2021. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

TO INSPIRE AND GUIDE EACH ATHLETE TO REACH THEIR HIGHEST POTENTIAL IN AND OUT OF THE WATER.

Program Service Accomplishments

Program 1
Expenses: $249,849 Revenue: $228,082

TO GUIDE SWIMMERS OF ALL AGES AND ABILITIES TO REACH THEIR GOALS THROUGH EXCELLENCE, MOTIVATION AND DISCIPLINE, TEAMWORK AND SPORTSMANSHIP, ACCOUNTABILITY AND RESPONSIBILITY, COMMUNICATION AND...

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TO GUIDE SWIMMERS OF ALL AGES AND ABILITIES TO REACH THEIR GOALS THROUGH EXCELLENCE, MOTIVATION AND DISCIPLINE, TEAMWORK AND SPORTSMANSHIP, ACCOUNTABILITY AND RESPONSIBILITY, COMMUNICATION AND LIFELONG FITNESS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $7,691
Program Service Revenue $203,065
Investment Income $0
Other Revenue $37,015
TOTAL REVENUE $247,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,526
Fundraising Expenses $0
Program Expenses $249,849
Other Expenses $81,785
TOTAL EXPENSES $257,311

Year-over-Year Comparison

2021 2020 Change
Revenue $247,771 $162,555 +0.5%
Expenses $257,311 $202,843 +0.3%
Net Income $-9,540 $-40,288 -0.8%
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

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Governance

Voting Members
8
Independent Members
7
Employees
24
Volunteers
200

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
$57,800
Total Directors
8
$57,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA ADLER MEMBER 0.50
Director
$0 $0 $0
JENNIFER BOPPLE TREASURER 1.00
Officer Director
$0 $0 $0
JENNIFER KUHEL SECRETARY 0.60
Officer Director
$0 $0 $0
TONY KUHEL PRESIDENT 0.50
Officer Director
$0 $0 $0
DAVE MIKLOS MEMBER 0.50
Director
$0 $0 $0
ERIC PETERSON EXECUTIVE DIRECTOR 38.00
Officer Director
$57,800 $0 $57,800
JASON GRIMES MEMBER 0.50
Director
$0 $0 $0
SARAH ONDREJKA MEMBER 0.50
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
2022 $247,771 $257,311 No data $-9,540
2021 $162,555 $202,843 $35,022 $-40,288
2020 $172,062 $208,750 $82,843 $-36,688
2018 $213,224 $208,401 $94,197 $4,823
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