WTRC SHARKS SWIM TEAM INC (EIN 800459838) - 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

2009

Legal Domicile

Principal Officer

KIM SPERBER

Phone

9376430502

Tax Period

2023-09-01 to 2024-08-31

WTRC SHARKS SWIM TEAM INC, founded in 2009, is a small nonprofit in the Recreation & Sports sector that reported $396K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $84K, a strong 21% operating margin.

Mission

WTRC SHARKS ARE COMMITTED TO DEVELOPING A LOVE OF SWIMMING BY CHALLENGING YOUTH TO EXCEL WITHIN THEIR INDIVIDUAL CAPABILITIES AND ACHIEVE PERSONAL GOALS WHILE DEVELOPING A LIFETIME APPRECIATION OF THE REWARDS DERIVED FROM DISCIPLINE, PERSEVERANCE, DEDICATION AND TEAMWORK AND NUTURING A SENSE OF COMMUNITY IN A POSITIVE AND ENCOURAGING TEAM ENVIRONMENT THAT TEACHES SPORTMANSHIP AND FOSTERS FREINDSHIP.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,039

Program Service Revenue $346,705

Investment Income $10,971

Other Revenue $37,243

TOTAL REVENUE $395,958

Expense Breakdown

Grants Paid $0

Salaries & Benefits $193,345

Fundraising Expenses $0

Program Expenses $303,806

Other Expenses $119,075

TOTAL EXPENSES $312,420

Year-over-Year Comparison

	2023	2022	Change
Revenue	$395,958	$347,387	+0.1%
Expenses	$312,420	$269,561	+0.2%
Net Income	$83,538	$77,826	+0.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM SPERBER	PRESIDENT	5.00	Officer Director	$0	$0	$0
KATIE FRANKLIN	SECRETARY	2.00	Officer Director	$0	$0	$0
BONNIE SMITH	TREASURER	5.00	Officer Director	$0	$0	$0
AMY SCHOPPERTH	VP	1.00	Officer 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
2024	$395,958	$312,420	$418,122	$83,538
2023	$347,387	$269,561	$334,585	$77,826
2022	$288,571	$226,649	$262,419	$61,922
2021	$130,187	$212,363	$194,837	$-82,176
2020	$195,456	$151,104	$277,013	$44,352
2019	$227,361	$191,435	$241,279	$35,926
2018	$243,593	$226,896	$208,080	$16,697

WTRC SHARKS SWIM TEAM INC