ANNAPOLIS SWIM CLUB CORPORATION

EIN: 843015426 501(c)(3) Youth Development

RIVA, MD

Total Revenue
$919,857
Total Expenses
$781,027
Total Assets
$717,733
Net Assets
$717,733
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MD
Principal Officer
LISA GEBBIA
Phone
4438054554
Tax Period
2024-09-01 to 2025-08-31

ANNAPOLIS SWIM CLUB CORPORATION, founded in 2019, is a small nonprofit in the Youth Development sector that reported $920K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $139K, a strong 15% operating margin.

Mission

ANNAPOLIS SWIM CLUB (ASC) CHALLENGES ITS SWIMMERS TO PURSUE EXCELLENCE IN CHARACTER, SPORTSMANSHIP AND ACHIEVEMENT. ASC BELIEVE THIS IS BEST ACHIEVED IN A SAFE, SUPPORTIVE ENVIRONMENT WHERE COACHES AND PARENTS MODEL THESE CHARACTERISTICS.

Program Service Accomplishments

Program 1
Expenses: $459,737 Revenue: $515,708

ANNAPOLIS SWIM CLUB (ASC) IS A MEMBERSHIP ORGANIZATION DEDICATED TO COACHING SWIMMERS FOR COMPETITIVE YOUTH SWIMMING AND ATTENDS AND HOSTS SWIM MEETS OR COMPETITIONS (MEETS) IN A SPORTS LEAGUE WITH...

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ANNAPOLIS SWIM CLUB (ASC) IS A MEMBERSHIP ORGANIZATION DEDICATED TO COACHING SWIMMERS FOR COMPETITIVE YOUTH SWIMMING AND ATTENDS AND HOSTS SWIM MEETS OR COMPETITIONS (MEETS) IN A SPORTS LEAGUE WITH OTHER COMPETITIVE SWIM CLUBS. THE MAIN ACTIVITY OF ASC IS THE COACHING OF THE MEMBER SWIMMERS TO HELP THEM IMPROVE IN THE SKILL OF COMPETITIVE SWIMMING.

Program 2
Expenses: $301,896 Revenue: $404,149

ASC HOSTS SOME, BUT NOT ALL OF THE MEETS THAT IT PARTICIPATES IN. MEMBERS COMPETE ON BEHALF OF ASC AND GET THEIR TIMES RECORDED WITH MARYLAND STATE SWIMMING. MEETS ALLOW MEMBER SWIMMERS TO BE RANKED...

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ASC HOSTS SOME, BUT NOT ALL OF THE MEETS THAT IT PARTICIPATES IN. MEMBERS COMPETE ON BEHALF OF ASC AND GET THEIR TIMES RECORDED WITH MARYLAND STATE SWIMMING. MEETS ALLOW MEMBER SWIMMERS TO BE RANKED WITH MARYLAND STATE SWIMMING AND TO QUALIFY TO COMPETE IN RANKED MEETS THAT ARE LOCAL, STATE AND NATIONAL LEVEL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $919,857
Investment Income $0
Other Revenue $0
TOTAL REVENUE $919,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $262,432
Fundraising Expenses $0
Program Expenses $761,633
Other Expenses $518,595
TOTAL EXPENSES $781,027

Year-over-Year Comparison

2024 2023 Change
Revenue $919,857 $836,742 +0.1%
Expenses $781,027 $658,113 +0.2%
Net Income $138,830 $178,629 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
Employees
22
Volunteers
7

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
5
$82,664
Total Directors
3
$82,664
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN HENDERSON HEAD COACH/D 40.00
Officer Director
$82,664 $0 $82,664
ANNE CANADAY DIRECTOR 1.00
Director
$0 $0 $0
ALEX MARTIN DIRECTOR 1.00
Director
$0 $0 $0
KIRRA BRANDON VICE PRESIDE 1.00
Officer
$0 $0 $0
LISA GEBBIA PRESIDENT 1.00
Officer
$0 $0 $0
KLAUS D LUHTA SECRETARY 1.00
Officer
$0 $0 $0
SARA ARONSON MCGRATH TREASURER 1.00
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
2025 $919,857 $781,027 $717,733 $138,830
2024 $836,742 $658,113 $578,903 $178,629
2023 $774,433 $608,250 $400,274 $166,183
2022 $594,884 $525,120 $234,091 $69,764
2021 $352,977 $308,218 $164,326 $44,759
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