WATFORD CITY SWIM TEAM (EIN 814364977) - 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

2019

Legal Domicile

Principal Officer

ALEX WESTMAN

Phone

7016262220

Tax Period

2021-01-01 to 2021-12-31

WATFORD CITY SWIM TEAM, founded in 2019, is a micro nonprofit in the Recreation & Sports sector that reported $55K in total revenue in fiscal year 2021. Revenue surged 102% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 33% operating margin.

Mission

AIMING TO DEVELOP OUR SWIMMERS TO BE TECHNICALLY, PHYSICALLY, & MENTALLY PREPARED TO ACHIEVE ALL THEIR GOALS IN & OUT OF THE WATER.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $30,246

Program Service Revenue $0

Investment Income $0

Other Revenue $24,916

TOTAL REVENUE $55,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,284

Other Expenses $36,987

TOTAL EXPENSES $36,987

Year-over-Year Comparison

	2021	2020	Change
Revenue	$55,162	$27,355	+1.0%
Expenses	$36,987	$26,543	+0.4%
Net Income	$18,175	$812	+21.4%

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

N/A

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
KENT PEDERSEN	PRESIDENT	20.00	Officer Director	$0	$0	$0
JACOB WOLFF	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
ERIN FJELDAHL	SECRETARY	20.00	Officer Director	$0	$0	$0
ALEX WESTMAN	TREASURER	20.00	Officer Director	$0	$0	$0
ELSE-MARIE WESTMAN	MEMBER AT LARGE	20.00	Director	$0	$0	$0
TIFFANY PRESZLER	MEMBER AT LARGE	20.00	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
2021	$55,162	$36,987	$59,011	$18,175

WATFORD CITY SWIM TEAM