MEMPHIS STATE SWIMMING INC (EIN 621409684) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

BRIAN POOLE

Phone

9018214371

Tax Period

2024-07-01 to 2025-06-30

MEMPHIS STATE SWIMMING INC, founded in 1989, is a small nonprofit in the Recreation & Sports sector that reported $442K in total revenue in fiscal year 2024. Expenses of $393K left a modest 11% surplus.

Mission

TO PROMOTE THE SPORT OF SWIMMING AND TO PROVIDE TRAINING, INSTRUCTION, AND SUPPORT FOR THOSE INTERESTED IN COMPETING IN SWIMMING MEETS ACROSS THE USA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,402

Program Service Revenue $427,939

Investment Income $0

Other Revenue $3,209

TOTAL REVENUE $441,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $271,780

Fundraising Expenses $0

Program Expenses $392,837

Other Expenses $121,057

TOTAL EXPENSES $392,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$441,550	$436,548	+0.0%
Expenses	$392,837	$366,401	+0.1%
Net Income	$48,713	$70,147	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES CARPENTER	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN POOLE	TREASURER	2.00	Officer Director	$0	$0	$0
JENNIFER CLAY	DIRECTOR	2.00	Director	$0	$0	$0
EMILY TAYLOR	DIRECTOR	2.00	Director	$0	$0	$0
JAMES HOOD	DIRECTOR	2.00	Director	$0	$0	$0
GREG GASTON	DIRECTOR	2.00	Director	$0	$0	$0
KRISTINA PORTER	DIRECTOR	2.00	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
2025	$441,550	$392,837	$158,115	$48,713
2024	$436,548	$366,401	$101,700	$70,147
2023	$248,239	$304,509	$42,508	$-56,270
2022	$7,520	$6,900	$86,049	$620
2021	$240,982	$258,652	$259,395	$-17,670
2020	$283,637	$317,799	$236,523	$-34,162
2019	$354,763	$339,347	$143,626	$15,416

MEMPHIS STATE SWIMMING INC