BEVERLY WOODS EAST SWIM CLUB

EIN: 561045982

CHARLOTTE, NC

Total Revenue
$324,320
Total Expenses
$322,476
Total Assets
$437,900
Net Assets
$158,795
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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
1972
Legal Domicile
NC
Principal Officer
BRAD FACH
Phone
7045549546
Tax Period
2024-01-01 to 2024-12-31

BEVERLY WOODS EAST SWIM CLUB, founded in 1972, is a small nonprofit that reported $324K in total revenue in fiscal year 2024.

Mission

NEIGHBORHOOD SWIM CLUB

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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 $220,094
Program Service Revenue $77,012
Investment Income $2,768
Other Revenue $24,446
TOTAL REVENUE $324,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $322,476
TOTAL EXPENSES $322,476

Year-over-Year Comparison

2024 2023 Change
Revenue $324,320 $338,741 0.0%
Expenses $322,476 $269,186 +0.2%
Net Income $1,844 $69,555 -1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD FACH PRESIDENT N/A
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
2024 $324,320 $322,476 $437,900 $1,844
2023 $338,741 $269,186 $449,895 $69,555
2022 $293,702 $434,373 $394,541 $-140,671
2021 $309,466 $286,255 $609,249 $23,211
2020 $224,155 $215,012 $472,930 $9,143
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