PADUCAH SWIMMING INC

EIN: 611284218 501(c)(3) Recreation & Sports

PADUCAH, KY

Total Revenue
N/A
Total Expenses
$5,651
Total Assets
$117,411
Net Assets
$115,079
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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
KY
Principal Officer
SHIRAZ PATEL
Phone
2705547946
Tax Period
2018-09-01 to 2019-08-31

Mission

IT IS THE MISSION OF PADUCAH SWIMMING, INCORPORATED TO PROVIDE YOUTH IN THE PADUCAH AREA ACCESS TO COMPETITIVE SWIMMING. THE PROGRAM IS COMMITTED TO HELPING EACH SWIMMER REACH HIS OR HER POTENTIAL IN SWIMMING, GOOD CITIZENSHIP, SELF-DISCIPLINE, AND LEADERSHIP.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,651
Other Expenses $5,651
TOTAL EXPENSES $5,651

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $186,661 -1.0%
Expenses $5,651 $220,914 -1.0%
Net Income N/A $-34,253 N/A
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
7
Independent Members
7
Employees
3
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
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN STEPHENS 1 YR MEMBER N/A
Director
$0 $0 $0
BRIAN KRUEGER 2 YR MEMBER N/A
Director
$0 $0 $0
KYLI KOENIGSMARK 2 YR MEMBER N/A
Director
$0 $0 $0
SHIRAZ PATEL PRESIDENT N/A
Officer
$0 $0 $0
MICHELLE VICK SECRETARY N/A
Officer
$0 $0 $0
MIKE ABNER VICE PRESIDE N/A
Officer
$0 $0 $0
BRIDGET CANTER TREASURER N/A
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
2019 No data $5,651 $117,411 No data
2018 $186,661 $220,914 $123,062 $-34,253
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