NORTH SUBURBAN INSTRUCTIONAL AQUATICS I

EIN: 912193555 501(c)(3) Recreation & Sports

NORTH OAKS, MN

Total Revenue
$315,204
Total Expenses
$405,585
Total Assets
$137,284
Net Assets
$132,652
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MN
Principal Officer
RORY COPLAN-HEAD COACH
Phone
6128395876
Tax Period
2024-09-01 to 2025-08-31

NORTH SUBURBAN INSTRUCTIONAL AQUATICS I, founded in 1985, is a small nonprofit in the Recreation & Sports sector that reported $315K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $406K exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDE INSTRUCION IN THE SPORT OF SWIMMING, PROVIDE INSTRUCTION IN THE SPORT OF SWIMMING, WITH EMPHASIS ON AMATEUR COMPETITIVE SWIMMINGFOR SWIMMERS OF ALL ABILITIES THROUGH VARIOUS LEVELS OF PROGRAMMING; PROVIDE INSTRUCTION AND TRAINING IN AMATEUR COMPETITIVE SWIMMING IN ACCORDANCE WITH THESTANDARDS AND RULES PRESCRIBED BY THE RECOGNIZED SUPERVISORY AGENCIES INCLUDING, BUT NOTLIMITED TO, USA SWIMMING AND MINNESOTA SWIMMING, INC.; SPONSOR, ADMINISTER AND PROMOTE AMATEUR COMPETITIVE SWIMMING MEETS ON A LOCAL, STATEWIDEAND NATIONAL LEVEL FOR THE BENEFIT OF SWIMMERS OF APPROPRIATE AGES WHILE PROMOTING GOODSPORTSMANSHIP; ENCOURAGE AND PROMOTE GOOD PHYSICAL FITNESS AND HEALTH IN OUR MEMBERS AND THE COMMUNITYBY PARTICIPATION IN THIS LIFE-LONG ACTIVITY; PROMOTE PARENTAL INVOLVEMENT IN COMMUNITY ACTIVITIES SUCH AS SWIMMING INSTRUCTION AND IN THEWELFARE OF THE CORPORATION BY PROVIDING OPPORTUNITIES FOR PARENT PARTICIPATION WITHIN THEADMINISTRATION OF THE CORPORATIO

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,992
Program Service Revenue $259,846
Investment Income $207
Other Revenue $19,159
TOTAL REVENUE $315,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $228,859
Fundraising Expenses $2,478
Program Expenses $265,755
Other Expenses $176,726
TOTAL EXPENSES $405,585

Year-over-Year Comparison

2024 2023 Change
Revenue $315,204 $483,175 -0.3%
Expenses $405,585 $383,402 +0.1%
Net Income $-90,381 $99,773 -1.9%
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

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
150

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
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK PANEK PRESIDENT 5.00
Director
$0 $0 $0
LAURA BOROFKA SECRETARY 5.00
Director
$0 $0 $0
JOSH MOELLMAN DIRECTOR 5.00
Director
$0 $0 $0
MICHELLE EDWARDS PERSONNEL COORDINATOR 5.00
Director
$0 $0 $0
JASON MCINTYRE TREASURER 5.00
Director
$0 $0 $0
SCOTT WALLACE DIRECTOR 5.00
Director
$0 $0 $0
DAVE LEIGHTON DIRECTOR 5.00
Director
$0 $0 $0
RORY COPLAN DIRECTOR/HEAD COACH 40.00
Officer Director
$0 $0 $0
ELIZABETH HOWARD-MCDANIEL DIRECTOR 5.00
Director
$0 $0 $0
TRACY BOTTEN DIRECTOR 6.00
Officer Director
$0 $0 $0
DAVE LEIGHTON DIRECTOR 5.00
Director
$0 $0 $0
ANGIE SAGE DIRECTOR 5.00
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 $315,204 $405,585 $137,284 $-90,381
2024 $483,175 $383,402 $233,871 $99,773
2023 $327,497 $326,393 $187,253 $1,104
2022 $296,031 $238,787 $186,466 $57,244
2021 $253,864 $214,646 $125,995 $39,218
2020 $267,033 $252,907 $72,074 $14,126
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NORTH SUBURBAN INSTRUCTIONAL AQUATICS I with other nonprofits in Minnesota and across the country.