Greensboro, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Greensboro Swimming Association Inc DBA Swim GSA, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $506K in total revenue in fiscal year 2024. Expenses of $563K exceeded revenue, resulting in a 11% operating deficit.
Greensboro Swimming Association is organized to encourage swimming for all ages, to encourage aquatic achievment and promote competitive swimming for youth working with civic and aquatic groups to conduct swimm meets.
Various swim meets were held throughout the year for approximately 2700 swimmers. Competition, community outreach and swimming related services were provided.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $506,031 | $471,477 | +0.1% |
| Expenses | $563,322 | $487,284 | +0.2% |
| Net Income | $-57,291 | $-15,807 | +2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ron Turner | Head Coach | 40.00 |
Director
|
$103,324 | $11,994 | $115,318 |
| Emily Condrasky | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Pete Smelzer | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Kenny Thompson | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Joy Siebold-Vest | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Leigh Abraham | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Andre Conway | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Louisa Raisbeck | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $506,031 | $563,322 | $140,790 | $-57,291 |
| 2024 | $471,477 | $487,284 | $190,208 | $-15,807 |
| 2023 | $362,031 | $355,429 | $210,040 | $6,602 |
| 2022 | $417,022 | $327,959 | $196,925 | $89,063 |
| 2021 | $375,362 | $299,081 | $108,850 | $76,281 |
Compare Greensboro Swimming Association Inc DBA Swim GSA with other nonprofits in North Carolina and across the country.