FAUQUIER SWIMMING CLUB INC

EIN: 540631201

WARRENTON, VA

Total Revenue
$265,536
Total Expenses
$282,316
Total Assets
$127,412
Net Assets
$123,384
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
VA
Tax Period
2023-11-01 to 2024-10-31

FAUQUIER SWIMMING CLUB INC, founded in 1958, is a small nonprofit that reported $206K in total revenue in fiscal year 2020. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $320K exceeded revenue, resulting in a 56% operating deficit.

Mission

OPERATE SWIMMING POOLS AND TENNIS COURTS FOR MEMBERS AND THEIR GUESTS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $228,105
Program Service Revenue $10,613
Investment Income $0
Other Revenue $26,818
TOTAL REVENUE $265,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,040
Fundraising Expenses $0
Program Expenses $266,412
Other Expenses $155,276
TOTAL EXPENSES $282,316

Year-over-Year Comparison

2023 2022 Change
Revenue $265,536 $234,948 +0.1%
Expenses $282,316 $238,108 +0.2%
Net Income $-16,780 $-3,160 +4.3%
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
9
Independent Members
9
Employees
25
Volunteers
20

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
$0
Total Directors
7
$18,805
Key Employees
1
$18,805
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIE OCONNOR POOL MANAGER 10.00
Director Key Emp
$18,805 $0 $18,805
JONATHAN CARON SPECIAL PROJECTS 10.00
Director
$0 $0 $0
DARYN KRAUT COMMUNICATIONS 10.00
Director
$0 $0 $0
TOM GALLAGHER CONCESSIONS 10.00
Director
$0 $0 $0
SAM CLARK INFORMATION TECHNOLOGY 10.00
Director
$0 $0 $0
SUE BROWN SWIM TEAM 1.00
Director
$0 $0 $0
KATHLEEN WARD MEMBER-AT-LARGE 1.00
Director
$0 $0 $0
ERIN BURROUGHS SECRETARY 10.00
Officer
$0 $0 $0
CLARE KNAUSS VPMEMBERSHIP 10.00
Officer
$0 $0 $0
STEVE MCFARLAND PRESIDENT 10.00
Officer
$0 $0 $0
ERIC MAYBACH TREASURER 10.00
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
2024 $265,536 $282,316 $127,412 $-16,780
2023 $234,948 $238,108 $140,989 $-3,160
2022 $241,079 $247,761 $147,070 $-6,682
2021 $205,593 $319,816 $166,882 $-114,223
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