Civic Intelligence

Swimmers Inc

990 • Fiscal year 2022 • EIN 02-0238344

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 30, 2023

PO Box 1086Manchester, NH 03105

(603) 625-8931

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

26th percentile

-8.0%

Higher net margin than 26% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-6.3%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

7.3%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$320,176

Down $21,396 (-6.3%) from 2021

Net Assets

Down

$319,196

Down $15,570 (-4.7%) from 2021

Liabilities

Down

$980

Down $5,826 (-86%) from 2021

Revenue

Up

$194,104

Up $13,190 (+7.3%) from 2021

Expenses

Up

$209,673

Up $32,644 (+18%) from 2021

Net Income

Down

-$15,569

Down $19,454 (-501%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $273,850Liabilities 2011: $13,847Net Assets 2011: $260,0032011Assets 2012: $293,846Liabilities 2012: $0Net Assets 2012: $293,8462012Assets 2013: $298,963Liabilities 2013: $0Net Assets 2013: $298,9632013Assets 2014: $295,271Liabilities 2014: $0Net Assets 2014: $295,2712014Assets 2015: $287,901Liabilities 2015: $0Net Assets 2015: $287,9012015Assets 2016: $260,469Liabilities 2016: $0Net Assets 2016: $260,4692016Assets 2017: $267,269Liabilities 2017: $980Net Assets 2017: $266,2892017Assets 2018: $306,821Liabilities 2018: $980Net Assets 2018: $305,8412018Assets 2019: $326,168Liabilities 2019: $980Net Assets 2019: $325,1882019Assets 2020: $341,677Liabilities 2020: $10,796Net Assets 2020: $330,8812020Assets 2021: $341,572Liabilities 2021: $6,806Net Assets 2021: $334,7662021Assets 2022: $320,176Liabilities 2022: $980Net Assets 2022: $319,1962022Assets 2023: $357,242Liabilities 2023: $3,077Net Assets 2023: $354,1652023Assets 2024: $397,083Liabilities 2024: $10,353Net Assets 2024: $386,7302024

Highlighted filing

2022

Assets$320,176
Liabilities$980
Net Assets$319,196

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $184,424Expenses 2011: $172,082Net Income 2011: $12,3422011Revenue 2012: $181,286Expenses 2012: $147,443Net Income 2012: $33,8432012Revenue 2013: $170,625Expenses 2013: $165,508Net Income 2013: $5,1172013Revenue 2014: $166,844Expenses 2014: $170,536Net Income 2014: -$3,6922014Revenue 2015: $187,915Expenses 2015: $195,285Net Income 2015: -$7,3702015Revenue 2016: $189,691Expenses 2016: $217,123Net Income 2016: -$27,4322016Revenue 2017: $182,255Expenses 2017: $176,435Net Income 2017: $5,8202017Revenue 2018: $218,067Expenses 2018: $178,515Net Income 2018: $39,5522018Revenue 2019: $208,922Expenses 2019: $189,575Net Income 2019: $19,3472019Revenue 2020: $178,605Expenses 2020: $172,912Net Income 2020: $5,6932020Revenue 2021: $180,914Expenses 2021: $177,029Net Income 2021: $3,8852021Revenue 2022: $194,104Expenses 2022: $209,673Net Income 2022: -$15,5692022Revenue 2023: $214,064Expenses 2023: $179,095Net Income 2023: $34,9692023Revenue 2024: $256,120Expenses 2024: $224,533Net Income 2024: $31,5872024

Highlighted filing

2022

Revenue$194,104
Expenses$209,673
Net Income-$15,569
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$194,104
Mission and Program Overview

Mission

SWIN AND TENNIS CLUB.

SWIM AND TENNIS CLUB.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$334,766$319,196▼ $15,570
Savings and Temporary Cash Investments$252,657$234,119▼ $18,538
Land, Buildings, and Equipment, Net$77,791$74,982▼ $2,809
Cash and Non-Interest-Bearing Accounts$10,974$8,397▼ $2,577
Accounts Receivable$150$2,678▲ $2,528
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$341,572$320,176▼ $21,396
Liabilities
Other Liabilities$6,806$980▼ $5,826
Total Liabilities$6,806$980▼ $5,826
Net Assets / Fund Balance
Total Net Assets Fund Balance$334,766$319,196▼ $15,570
Total Liabilities and Net Assets / Fund Balance$341,572$320,176▼ $21,396

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$256,689$256,689
Equipment$28,560$26,101$54,661
Land$46,422-$46,422
Other Land Buildings$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dana LavoiePresident
Rick LeclercVice President
Jessica JohnsonDirector
Max SinkDirector
Patrick RobinsonDirector
Phil JenisDirector
Scott EvansDirector
Sean ParrDirector
Tanya RobinsonDirector
Denise BolducSecretary
Greg TimbasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$188,228
Program Service Revenue
$0
Investment Income
$2,376
Other Revenue
$3,500
Change in Net Assets
$-15,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,663
Salaries, Compensation, and Employee Benefits$67,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$60,851
All Other Expenses---$37,583
Depreciation Depletion---$22,209
Insurance---$19,121
Other Expenses---$12,833
Payroll Taxes---$6,159
Fees for Services Accounting---$3,070
Office Expenses---$815
Advertising---$341
Travel---$40
Total Functional Expenses$0$0$0$209,673
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fire Pit Reserve$980
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7B

Some decisions are subject to approval of members, and some decisions are subject to approval by stockholders.

Form 990, Part VI, Section B, line 11B

The federal form 990 is reviewed and signed by the treasurer. The volunteer members of the board do not understand the complexities of this form and therefore direct the treasurer to consult with the cpa/taxpreparer for any issues.

Form 990, Part VI, Section C, line 18

The organization makes the financial records and tax returns available upon request for public inspection.

Form 990, Part VI, Section C, line 19

The organization makes the financial records and tax returns available upon request for public inspection.

Filing and Contact Details

Filer

Filer Name
Swimmers Inc
EIN
02-0238344
Phone
6036258931
Address
PO BOX 1086, MANCHESTER, NH 03105

Signing Officer

Name
Greg Timbas
Title
Treasurer
Phone
6036245558
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Timbas
Formed
1965
Legal Domicile
Nh
Voting Board Members
135
Independent Board Members
39
Employees
19
Volunteers
0

Preparer

Firm
Roy & Bentas CPAs PC
Address
697A Union Street, Manchester, NH 03104
Preparer
GEORGE BENTAS CPA MSTax CGMA
Phone
6036255715
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Repairs & maintenance - grounds 8,369. Reconditioning expenses 8,320. Utility costs - electricity 6,139. Repairs & maintenance - building 4,531. Utility costs - water & sewer 4,068. Telephone and communication costs 1,997. Maintenance & supplies - tennis courts 1,689. Licenses, fees & permits 1,185. Waste disposal costs 963. Bank service charges 154. Payroll processing fees 129. Meals & entertainment expenses 39.

Financial Statement Notes

Part X, Line 2:

The organization does not have any uncertain tax positions under fin 48 for the current reporting period.

Raw XML Appendix358 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME DECISIONS ARE SUBJECT TO APPROVAL OF MEMBERS, AND SOME DECISIONS ARE SUBJECT TO APPROVAL BY STOCKHOLDERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FEDERAL FORM 990 IS REVIEWED AND SIGNED BY THE TREASURER. THE VOLUNTEER MEMBERS OF THE BOARD DO NOT UNDERSTAND THE COMPLEXITIES OF THIS FORM AND THEREFORE DIRECT THE TREASURER TO CONSULT WITH THE CPA/TAXPREPARER FOR ANY ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES THE FINANCIAL RECORDS AND TAX RETURNS AVAILABLE UPON REQUEST FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THE FINANCIAL RECORDS AND TAX RETURNS AVAILABLE UPON REQUEST FOR PUBLIC INSPECTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE - GROUNDS 8,369. RECONDITIONING EXPENSES 8,320. UTILITY COSTS - ELECTRICITY 6,139. REPAIRS & MAINTENANCE - BUILDING 4,531. UTILITY COSTS - WATER & SEWER 4,068. TELEPHONE AND COMMUNICATION COSTS 1,997. MAINTENANCE & SUPPLIES - TENNIS COURTS 1,689. LICENSES, FEES & PERMITS 1,185. WASTE DISPOSAL COSTS 963. BANK SERVICE CHARGES 154. PAYROLL PROCESSING FEES 129. MEALS & ENTERTAINMENT EXPENSES 39.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0341572
IRS990/TotalAssetsEOYAmt0320176
IRS990/TotalAssetsGrp/BOYAmt0341572
IRS990/TotalAssetsGrp/EOYAmt0320176
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0188228
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/TotalAmt0209673
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06806
IRS990/TotalLiabilitiesEOYAmt0980
IRS990/TotalLiabilitiesGrp/BOYAmt06806
IRS990/TotalLiabilitiesGrp/EOYAmt0980
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0334766
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0319196
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt03500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02376
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0194104
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0341572
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0320176
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt040
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1086
IRS990/USAddress/CityNm0MANCHESTER
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003105
IRS990/VotingMembersGoverningBodyCnt0135
IRS990/VotingMembersIndependentCnt039
IRS990/WebsiteAddressTxt0SUDDENPITCH.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREG TIMBAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06036245558
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SWIMMERS INC
ReturnHeader/Filer/BusinessNameControlTxt0SWIM
ReturnHeader/Filer/EIN0020238344
ReturnHeader/Filer/PhoneNum06036258931
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1086
ReturnHeader/Filer/USAddress/CityNm0MANCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003105
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200147427
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Roy & Bentas CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0697A Union Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Manchester
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd003104
ReturnHeader/PreparerPersonGrp/PhoneNum06036255715
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE BENTAS CPA MSTax CGMA
ReturnHeader/ReturnTs02023-11-02T10:27:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GREG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TIMBAS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.97$0.10$3.87$2.56$2.25$0.32
2023Detailed filing. Detailed filing data is available for this year.$3.57$0.03$3.54$2.14$1.79$0.35
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.01$3.19$1.94$2.10$0.16
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.07$3.35$1.81$1.77$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.42$0.11$3.31$1.79$1.73$0.06
2019Detailed filing. Detailed filing data is available for this year.$3.26$0.01$3.25$2.09$1.90$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.07$0.01$3.06$2.18$1.79$0.40
2017Detailed filing. Detailed filing data is available for this year.$2.67$0.01$2.66$1.82$1.76$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$1.90$2.17$0.27
2015Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$1.88$1.95$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$1.67$1.71$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$1.71$1.66$0.05
2012Summary only. Only limited summary data is available for this year.$2.94$0.00$2.94$1.81$1.47$0.34
2011Summary only. Only limited summary data is available for this year.$2.74$0.14$2.60$1.84$1.72$0.12