SOUTHWEST FLORIDA SWIM CLUB INC (EIN 650506364) - 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

1994

Legal Domicile

Principal Officer

Donald Henshaw

Phone

2395604820

Tax Period

2025-01-01 to 2025-12-31

SOUTHWEST FLORIDA SWIM CLUB INC, founded in 1994, is a small nonprofit in the Recreation & Sports sector that reported $189K in total revenue in fiscal year 2025. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $242K exceeded revenue, resulting in a 28% operating deficit.

Mission

Provide facilities and training for area adolescent swimmers

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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 (2025)

Revenue Breakdown

Contributions & Grants $189,184

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $189,184

Expense Breakdown

Grants Paid $0

Salaries & Benefits $169,275

Fundraising Expenses $0

Program Expenses $0

Other Expenses $5,276

TOTAL EXPENSES $242,477

Year-over-Year Comparison

	2025	2024	Change
Revenue	$189,184	$248,020	-0.2%
Expenses	$242,477	$250,285	0.0%
Net Income	$-53,293	$-2,265	+22.5%

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

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

$108,000

Total Directors

$108,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donald Henshaw	President	30.00	Officer Director	$48,000	$0	$48,000
Connie Henshaw	Secretary	40.00	Officer Director	$60,000	$0	$60,000
Rhonda Fiore	Director	10.00	Director	$0	$0	$0
Maria Medina	Director	10.00	Director	$0	$0	$0
Jennifer Selik	Director	10.00	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	$189,184	$242,477	$71,009	$-53,293
2024	$248,020	$250,285	$67,926	$-2,265
2023	$292,891	$293,061	$70,190	$-170
2022	$279,939	$263,937	$70,360	$16,002
2021	$269,568	$268,462	$54,358	$1,106
2020	$137,496	$156,104	$53,252	$-18,608
2019	$139,360	$152,355	$71,860	$-12,995
2018	$145,209	$153,421	$87,136	$-8,212

SOUTHWEST FLORIDA SWIM CLUB INC