NEW WAVE SWIM TEAM (EIN 561469322) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

JOHN ROY

Phone

9199810644

Tax Period

2024-09-01 to 2025-08-31

NEW WAVE SWIM TEAM, founded in 1985, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE YEAR ROUND TRAINING FOR COMPETITIVE SWIMMING WHILE PROMOTING LIFE SKILLS AND CHARACTER DEVELOPMENT.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,371,695

Investment Income $9

Other Revenue $120,447

TOTAL REVENUE $1,492,151

Expense Breakdown

Grants Paid $0

Salaries & Benefits $664,461

Fundraising Expenses $0

Program Expenses $1,374,638

Other Expenses $822,753

TOTAL EXPENSES $1,487,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,492,151	$1,310,205	+0.1%
Expenses	$1,487,214	$1,325,896	+0.1%
Net Income	$4,937	$-15,691	-1.3%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$209,502

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRYSTI ZIEGER	BOARD MEMBER	10.00	Director	$0	$0	$0
JOHN ROY	PRESIDENT/CEO	40.00	Officer	$72,600	$2,178	$74,778
JONATHAN BESCHER	VICE PRESIDENT	40.00	Officer	$27,000	$810	$27,810
ZACHARY MURRAY	TREASURER	40.00	Officer	$53,400	$1,602	$55,002
MACON CROWDER	SECRETARY	40.00	Officer	$51,912	$0	$51,912

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
2025	$1,492,151	$1,487,214	$535,179	$4,937
2024	$1,310,205	$1,325,896	$524,696	$-15,691
2023	$1,238,499	$1,132,872	$562,883	$105,627
2022	$1,106,359	$994,369	$441,489	$111,990
2021	$865,879	$780,826	$299,143	$85,053
2020	$707,369	$660,271	$192,733	$47,098

NEW WAVE SWIM TEAM