Land O Lakes Lightning Swim Team (EIN 593268040) - 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

1995

Legal Domicile

Tax Period

2022-01-01 to 2022-12-31

Land O Lakes Lightning Swim Team, founded in 1995, is a small nonprofit in the Recreation & Sports sector that reported $581K in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $549K left a modest 6% surplus.

Mission

Community Swim Team to teach children and youth to swim and motivate and education on healthy living

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $581,352

Investment Income $0

Other Revenue $0

TOTAL REVENUE $581,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $323,561

Fundraising Expenses $0

Program Expenses $548,828

Other Expenses $225,267

TOTAL EXPENSES $548,828

Year-over-Year Comparison

	2022	2021	Change
Revenue	$581,352	$490,596	+0.2%
Expenses	$548,828	$471,868	+0.2%
Net Income	$32,524	$18,728	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Stephen Swenson	Treasurer	Officer	$0	$0	$0
Christopher Johnson	Secretary	Officer	$0	$0	$0
Michael Spielberger	President	Officer	$0	$0	$0
Glen Scharfield	Vice President	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
2022	$581,352	$548,828	$124,955	$32,524
2021	$490,596	$471,868	$92,431	$18,728
2020	$322,026	$289,316	$73,703	$32,710
2019	$264,533	$304,281	$40,993	$-39,748
2018	$266,475	$240,135	$80,965	$26,340

Land O Lakes Lightning Swim Team