ALASKA SWIMMING INC

🔒

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

1982

Legal Domicile

Principal Officer

BOB FOY

Phone

9073422882

Tax Period

2023-06-01 to 2024-05-31

ALASKA SWIMMING INC, founded in 1982, is a small nonprofit that reported $104K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 17% operating margin.

Mission

THE OBJECTIVES AND PRIMARY PURPOSE OF ALASKA SWIMMING, INC. (ASI) SHALL BE THE EDUCATION, INSTRUCTION AND TRAINING OF INDIVIDUALS TO DEVELOP AND IMPROVE THEIR CAPABILITIES IN THE SPORT OF SWIMMING. ASI SHALL PROMOTE SWIMMING FOR THE BENEFIT OF SWIMMERS OF ALL AGES AND ABILITIES.

Program Service Accomplishments

Program 1

Expenses: $74,491

PROVIDE ASSISTANCE TO MEMBERS PARTICIPATING IN STATE AND NATIONAL LEVEL CHAMPIONSHIP SWIM MEETS, INCLUDING WESTERN ZONE CHAMPIONSHIPS. ASSISTANCE INCLUDES EQUIPMENT, MEET FEES, LODGING, MEALS, AND...

PROVIDE ASSISTANCE TO MEMBERS PARTICIPATING IN STATE AND NATIONAL LEVEL CHAMPIONSHIP SWIM MEETS, INCLUDING WESTERN ZONE CHAMPIONSHIPS. ASSISTANCE INCLUDES EQUIPMENT, MEET FEES, LODGING, MEALS, AND TRANSPORTATION FOR ATHLETES, COACHES AND CHAPERONES. THE ORGANIZATION'S MEMBERSHIP TOTALED OVER 2,800 ATHLETES, COACHES AND OFFICIALS.

🔒

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 $50,564

Program Service Revenue $53,831

Investment Income $81

Other Revenue $0

TOTAL REVENUE $104,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,774

Program Expenses $74,491

Other Expenses $86,290

TOTAL EXPENSES $86,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,476	$173,698	-0.4%
Expenses	$86,290	$142,174	-0.4%
Net Income	$18,186	$31,524	-0.4%

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
BOB FOY	GENERAL CHAI	2.00	Officer Director	$0	$0	$0
JENNY RUSSIAN	ADMIN VICE C	0.50	Officer Director	$0	$0	$0
FIONA YIU	FINANCE VICE	2.00	Officer Director	$0	$0	$0
RAY OAKLEY	SENIOR VICE	0.50	Officer Director	$0	$0	$0
MAGGIE ROCHELEAU	AGE GROUP VI	0.50	Officer Director	$0	$0	$0
KAREN SHOCKLEY	SECRETARY	0.50	Officer Director	$0	$0	$0
WENDY KOLBERG	TREASURER	2.00	Officer Director	$0	$0	$0
STEPHANIE SNYDER	OPERATION RI	0.50	Director	$0	$0	$0
SCOTT BURT	SENIOR COACH	0.50	Director	$0	$0	$0
AMAYA ROCHELEAU	SR ATHLETE R	0.50	Director	$0	$0	$0
ZACHARY MARTENS	JR. ATHLETE	0.50	Director	$0	$0	$0
JACKIE SAVINA	DIV, EQTY &	0.50	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	No data	No data	No data	No data
2024	$13,891	$18,983	$220,098	$-5,092
2024	$104,476	$86,290	$225,190	$18,186
2023	$173,698	$142,174	$207,004	$31,524
2022	$160,140	$210,744	$178,109	$-50,604
2021	$150,128	$143,759	$243,334	$6,369
2020	$220,607	$255,066	$236,965	$-34,459
2019	$268,571	$209,277	$271,424	$59,294
2018	$247,592	$290,620	$212,130	$-43,028