Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
EIN 25-1744140 • 501(c)3 • Pittsburgh, PA
Profile
The primary purpose of the organization is to further national and international amateur swimming competition by developing amateur swimmers for national and international competition. This primary purpose shall be achieved within the standards and rules prescribed by usa swimming (uss) and allegheny mountain swimming (ams). At what, the mission is to develop and foster life values such as responsibility, teamwork, discipline, determination, patience, work ethic, confidence and pride in student athletes through the sport of swimming, and, in doing so, provide an avenue of excellence for swimmers of all ability levels.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
83rd percentile
Faster asset growth than 83% of similar nonprofits.
Revenue Growth
72nd percentile
Faster revenue growth than 72% of similar nonprofits.
Assets
Up$132,906
Up $36,917 (+38%) from 2022
Liabilities
Down$3,900
Down $2,940 (-43%) from 2022
Net Assets
Up$129,006
Up $39,857 (+45%) from 2022
Revenue
Up$174,483
Up $28,753 (+20%) from 2022
Expenses
Up$134,626
Up $27,095 (+25%) from 2022
Net Income
Up$39,857
Up $1,658 (+4.3%) from 2022
Most recent year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
The primary purpose of the organization is to further national and international amateur swimming competition by developing amateur swimmers for national and international competition. This primary purpose shall be achieved within the standards and rules prescribed by usa swimming (uss) and allegheny mountain swimming (ams). At what, the mission is to develop and foster life values such as responsibility, teamwork, discipline, determination, patience, work ethic, confidence and pride in student athletes through the sport of swimming, and, in doing so, provide an avenue of excellence for swimmers of all ability levels.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $89,149 | $129,006 | ▲ $39,857 |
| Cash and Non-Interest-Bearing Accounts | $80,084 | $117,000 | ▲ $36,916 |
| Savings and Temporary Cash Investments | $15,905 | $15,906 | ▲ $1 |
| Total Assets | $95,989 | $132,906 | ▲ $36,917 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $6,840 | $3,900 | ▼ $2,940 |
| Total Liabilities | $6,840 | $3,900 | ▼ $2,940 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $89,149 | $129,006 | ▲ $39,857 |
| Total Liabilities and Net Assets / Fund Balance | $95,989 | $132,906 | ▲ $36,917 |
| Name | Title |
|---|---|
| Walter Reamer | President |
| Frank Huck | At Large |
| Anna Lepsch | Secretary |
| Octavia Palmer | Treasurer |
| Allison Sierra | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $105,836 |
| Other Expenses | $28,790 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $56,060 | - | - | $56,060 |
| Other Salaries and Wages | $41,544 | - | - | $41,544 |
| Payroll Taxes | $8,232 | - | - | $8,232 |
| Insurance | $7,976 | - | - | $7,976 |
| All Other Expenses | $2,404 | $2,433 | - | $4,837 |
| Fees for Services Accounting | $2,225 | $1,173 | - | $3,398 |
| Other Expenses | $2,685 | $1,423 | - | $1,423 |
| Advertising | - | $111 | - | $111 |
| Total Functional Expenses | $124,745 | $9,881 | $0 | $134,626 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $16,821 |
| Fundraising Direct Expenses | $390 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Fundraising Swi | $16,821 | $16,821 | $390 | $16,431 |
| Total Events | $16,821 | $16,821 | $390 | $16,431 |
“The officers of the organization review the completed tax return at the next regular scheduled membership meeting.”
“The board of directors determines the annual salary and wage for the head coach who is the highest paid individual of the organization.”
“The annual financial records and income tax returns are made available to the public upon written request to the board of directors. In addition, any member or members' agent or attorney, for any proper purpose, at any reasonable time, upon written demand under oath stating the purpose of the inspection, shall have the right to inspect any and all books and records of the organization.”
“Key employee salaries and wages from september 1, 2022 to august 31, 2023, the current organization fiscal year: head coach walter reamer was paid 43,060 swim school director anna lepsch was paid 13,000 key employee total current fiscal year compensation 56,060 walter reamer and anna lepsch are officers of the organization. In their capacity as officers, neither are paid any salaries or wages.”
“The primary purpose of the organization is to further national and international amateur swimming competition by developing amateur swimmers for national and international competition. This primary purpose shall be achieved within the standards and rules prescribed by usa swimming (uss) and allegheny mountain swimming (ams). At what, the mission is to develop and foster life values such as responsibility, teamwork, discipline, determination, patience, work ethic, confidence and pride in student athletes through the sport of swimming, and, in doing so, provide an avenue of excellence for swimmers of all ability levels.”
“On august 31, 2023, the non profit fiscal year end, the organization had 53 active swimmers. Usually, each swimmer is accompanied by their parents or other family members.”
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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| IRS990/ActivityOrMissionDesc | 0 | THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO FURTHER NATIONAL AND INTERNATIONAL AMATEUR SWIMMING COMPETITION BY DEVELOPING AMATEUR SWIMMERS FOR NATIONAL AND INTERNATIONAL COMPETITION. THIS PRIMARY PURPOSE SHALL BE ACHIEVED WITHIN THE STANDARDS AND RULES PRESCRIBED BY USA SWIMMING (USS) AND ALLEGHENY MOUNTAIN SWIMMING (AMS). AT WHAT, THE MISSION IS TO DEVELOP AND FOSTER LIFE VALUES SUCH AS RESPONSIBILITY, TEAMWORK, DISCIPLINE, DETERMINATION, PATIENCE, WORK ETHIC, CONFIDENCE AND PRIDE IN STUDENT ATHLETES THROUGH THE SPORT OF SWIMMING, AND, IN DOING SO, PROVIDE AN AVENUE OF EXCELLENCE FOR SWIMMERS OF ALL ABILITY LEVELS. |
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| IRS990/MissionDesc | 0 | THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO FURTHER NATIONAL AND INTERNATIONAL AMATEUR SWIMMING COMPETITION BY DEVELOPING AMATEUR SWIMMERS FOR NATIONAL AND INTERNATIONAL COMPETITION. THIS PRIMARY PURPOSE SHALL BE ACHIEVED WITHIN THE STANDARDS AND RULES PRESCRIBED BY USA SWIMMING (USS) AND ALLEGHENY MOUNTAIN SWIMMING (AMS). AT WHAT, THE MISSION IS TO DEVELOP AND FOSTER LIFE VALUES SUCH AS RESPONSIBILITY, TEAMWORK, DISCIPLINE, DETERMINATION, PATIENCE, WORK ETHIC, CONFIDENCE AND PRIDE IN STUDENT ATHLETES THROUGH THE SPORT OF SWIMMING, AND, IN DOING SO, PROVIDE AN AVENUE OF EXCELLENCE FOR SWIMMERS OF ALL ABILITY LEVELS. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO FURTHER NATIONAL AND INTERNATIONAL AMATEUR SWIMMING COMPETITION BY DEVELOPING AMATEUR SWIMMERS FOR NATIONAL AND INTERNATIONAL COMPETITION. THIS PRIMARY PURPOSE SHALL BE ACHIEVED WITHIN THE STANDARDS AND RULES PRESCRIBED BY USA SWIMMING (USS) AND ALLEGHENY MOUNTAIN SWIMMING (AMS). AT WHAT, THE MISSION IS TO DEVELOP AND FOSTER LIFE VALUES SUCH AS RESPONSIBILITY, TEAMWORK, DISCIPLINE, DETERMINATION, PATIENCE, WORK ETHIC, CONFIDENCE AND PRIDE IN STUDENT ATHLETES THROUGH THE SPORT OF SWIMMING, AND, IN DOING SO, PROVIDE AN AVENUE OF EXCELLENCE FOR SWIMMERS OF ALL ABILITY LEVELS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ON AUGUST 31, 2023, THE NON PROFIT FISCAL YEAR END, THE ORGANIZATION HAD 53 ACTIVE SWIMMERS. USUALLY, EACH SWIMMER IS ACCOMPANIED BY THEIR PARENTS OR OTHER FAMILY MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE OFFICERS OF THE ORGANIZATION REVIEW THE COMPLETED TAX RETURN AT THE NEXT REGULAR SCHEDULED MEMBERSHIP MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE BOARD OF DIRECTORS DETERMINES THE ANNUAL SALARY AND WAGE FOR THE HEAD COACH WHO IS THE HIGHEST PAID INDIVIDUAL OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ANNUAL FINANCIAL RECORDS AND INCOME TAX RETURNS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE BOARD OF DIRECTORS. IN ADDITION, ANY MEMBER OR MEMBERS' AGENT OR ATTORNEY, FOR ANY PROPER PURPOSE, AT ANY REASONABLE TIME, UPON WRITTEN DEMAND UNDER OATH STATING THE PURPOSE OF THE INSPECTION, SHALL HAVE THE RIGHT TO INSPECT ANY AND ALL BOOKS AND RECORDS OF THE ORGANIZATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | KEY EMPLOYEE SALARIES AND WAGES FROM SEPTEMBER 1, 2022 TO AUGUST 31, 2023, THE CURRENT ORGANIZATION FISCAL YEAR: HEAD COACH WALTER REAMER WAS PAID 43,060 SWIM SCHOOL DIRECTOR ANNA LEPSCH WAS PAID 13,000 KEY EMPLOYEE TOTAL CURRENT FISCAL YEAR COMPENSATION 56,060 WALTER REAMER AND ANNA LEPSCH ARE OFFICERS OF THE ORGANIZATION. IN THEIR CAPACITY AS OFFICERS, NEITHER ARE PAID ANY SALARIES OR WAGES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VII |
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| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3961 MONROEVILLE BLVD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MONROEVILLE |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-08-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LISA PETROCELLI-TANNER CPA |
| ReturnHeader/ReturnTs | 0 | 2024-08-08T13:38:53-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-08-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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