RUTHERFORD SWIM ASSOCIATION INC

EIN: 834464079 501(c)(3) Recreation & Sports

RUTHERFORD, NJ

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$60,167
Net Assets
$60,167
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NJ
Principal Officer
MICHAEL LAZZARA
Phone
2015548097
Tax Period
2023-01-01 to 2023-12-31

Mission

TO EDUCATE YOUNG ADULTS IN CITIZENSHIP, TEAMWORK, AND GOOD SPORTSMANSHIP THROUGH ORGANIZED SWIMMING ACTIVITY. ADDITIONALLY, TO TEACH SKILLS OF SWIMMING TO THE PUBLIC AND TO CREATE AN AFFINITY FOR SWIMMING AS EXERCISE AND RECREATION.

Program Service Accomplishments

Program 1

OUR SWIM ACADEMY EXPANDED IN BOTH THE AMOUNT OF COURSES OFFERED AND THE AMOUNT OF STUDENTS SERVICED. DURING 2022 WE CONDUCTED AND SERVICED OVER 350 STUDENTS FROM THE SOUTH BERGEN COUNTY AREA AND...

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OUR SWIM ACADEMY EXPANDED IN BOTH THE AMOUNT OF COURSES OFFERED AND THE AMOUNT OF STUDENTS SERVICED. DURING 2022 WE CONDUCTED AND SERVICED OVER 350 STUDENTS FROM THE SOUTH BERGEN COUNTY AREA AND BEYOND. THIS INCLUDED OFFERING 5 SESSIONS OF BOTH GROUP AND PRIVATE LESSONS GEARED TOWARDS PROMOTING WATER SAFETY IN LOCAL YOUTH POPULATIONS.

Program 2

OUR SWIM TEAM CONTINUED TO GROW. IN 2022 WE FIELDED OUR LARGEST ACTIVE ROSTER. OVER 120 YOUNG ATHLETES PARTICIPATED IN REBEL AQUATIC CLUB. DURING OUR COMPETITION SEASON, NUMEROUS ATHLETES WERE...

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OUR SWIM TEAM CONTINUED TO GROW. IN 2022 WE FIELDED OUR LARGEST ACTIVE ROSTER. OVER 120 YOUNG ATHLETES PARTICIPATED IN REBEL AQUATIC CLUB. DURING OUR COMPETITION SEASON, NUMEROUS ATHLETES WERE RECOGNIZED AS THE BEST AGE GROUP SWIMMERS IN THE STATE, REGION AND NATION. WE ARE IMMENSLY PROUD OF THE PROGRESS OF ALL OUR YOUNG SWIMMERS.

Program 3

OUR FACILITY IN 2022 CONTINUED TO GROW AS A HUB FOR LIFEGUARD TRAINING IN NEW JERSEY. OUR FACILITY AND HEAD INSTRUCTOR WERE CITED BY THE AMERICAN RED CROSS AS A LEADING LIFEGUARDING/CPR/AED...

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OUR FACILITY IN 2022 CONTINUED TO GROW AS A HUB FOR LIFEGUARD TRAINING IN NEW JERSEY. OUR FACILITY AND HEAD INSTRUCTOR WERE CITED BY THE AMERICAN RED CROSS AS A LEADING LIFEGUARDING/CPR/AED EDUCATIONAL FACILITY. THE SKILLS TAUGHT AND LEARNED AT OUR FACILITY HELP TO ENSURE LIFEGUARDS ACROSS THE STATE OF NEW JERSEY ARE PREPARED TO ADDRESS EMERGENCY SITUATIONS. OUR SERVICES ENSURE THAT COMMUNITY POOLS IN NORTHERN NJ ARE STAFFED WITH COMPETENT AND WELL TRAINED LIFEGUARDS.

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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 (2023)

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
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $650,312 -1.0%
Expenses N/A $667,072 -1.0%
Net Income N/A $-16,760 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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH BURKE TRUSTEE 20.00
Director
$0 $0 $0
MICHAEL LAZZARA PRESIDENT 40.00
Officer
$0 $0 $0
CHRIS DUNN VICE PRESIDENT 20.00
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
2024 No data No data No data No data
2023 No data No data $60,167 No data
2022 $650,312 $667,072 $245,016 $-16,760
2022 $630,412 $785,198 $143,195 $-154,786
2021 $561,733 $516,748 $162,729 $44,985
2020 $227,245 $206,621 $92,845 $20,624
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