Five Oaks Swimming Pool Inc

EIN: 520811994

Baltimore, MD

Total Revenue
$428,005
Total Expenses
$394,175
Total Assets
$604,588
Net Assets
$260,348
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
MD
Principal Officer
Michael Szczesniakowski
Phone
4107475122
Tax Period
2024-01-01 to 2024-12-31

Five Oaks Swimming Pool Inc, founded in 1965, is a small nonprofit that reported $428K in total revenue in fiscal year 2024. Expenses of $394K left a modest 8% surplus.

Mission

Promote and encourage recreation, swimming and other athletic activities and to conduct a club for the purpose of providing facilities for recreation, swimming and other athletic activities, refreshment, entertainment and social diversion of its members, together with such incidental objects as are appropriate in the conduct of its activities, on a non-profit basis.

Program Service Accomplishments

Program 1

The club sponsors swim and dive teams that compete with other pools in the area. In addition, swimming and diving lessons are provided for members children to promote safety.

Program 2

The club sponsors parties, dinners, and activities for all members and their guests. This promotes fellowship among members and use of the facillities. Approximate attendance for the year was 500.

Program 3

Members are also allowed to bring guests into the facility at other times for a fee. This promotes goodwill and encourages members to use the facilities. Approximate guest attendance for the year was...

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Members are also allowed to bring guests into the facility at other times for a fee. This promotes goodwill and encourages members to use the facilities. Approximate guest attendance for the year was 2,775.

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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 $0
Program Service Revenue $391,964
Investment Income $34
Other Revenue $36,007
TOTAL REVENUE $428,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,221
Fundraising Expenses $0
Other Expenses $213,954
TOTAL EXPENSES $394,175

Year-over-Year Comparison

2024 2023 Change
Revenue $428,005 $403,767 +0.1%
Expenses $394,175 $362,069 +0.1%
Net Income $33,830 $41,698 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
15
Independent Members
15
Employees
42
Volunteers
15

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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Szczesniakowski President 1.00
Officer Director
$0 $0 $0
Nancy Bauer VP - Admiin 1.00
Officer Director
$0 $0 $0
Patrick Howard VP - Pool / Grd 1.00
Officer Director
$0 $0 $0
Darlene Rehmert AVP - Admin 4.00
Director
$0 $0 $0
Brooke Korch Financial Comm 0.05
Director
$0 $0 $0
Matt Fox Corres Secy 1.00
Officer Director
$0 $0 $0
Nicole Nash Social Comm 0.05
Director
$0 $0 $0
Patrick Simon Membership Comm 0.05
Director
$0 $0 $0
Louis Straker Asst Membership 5.00
Director
$0 $0 $0
Emily Fisher Recording Secy 2.00
Officer Director
$0 $0 $0
Jacqui Lom Finance Comm 0.05
Director
$0 $0 $0
Megan Shaffer Social Comm 0.05
Director
$0 $0 $0
Jill Bartlett Admin Comm 1.00
Director
$0 $0 $0
Jackie Smith Membership Comm 0.05
Director
$0 $0 $0
Wendy Weber Financial Comm 0.05
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 $428,005 $394,175 $604,588 $33,830
2023 $403,767 $362,069 $571,790 $41,698
2022 $384,993 $314,885 $562,803 $70,108
2021 $373,335 $307,612 $526,926 $65,723
2020 $345,522 $285,380 $507,886 $60,142
2019 $356,930 $358,607 $485,168 $-1,677
2018 $332,824 $355,033 $509,212 $-22,209
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