Civic Intelligence

Southern California Swimming Inc

990 • Fiscal year 2023 • EIN 31-1016597

Sep 01, 2022 to Aug 31, 2023 • Filed on Mar 11, 2024

29000 S Western Avenue 304Rancho Palos Verdes, CA 90275

(310) 684-1151

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

35th percentile

0.03x

Higher debt load relative to revenue than 35% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

14th percentile

-24%

Higher net margin than 14% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$180,250

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

33rd percentile

-1.0%

Faster asset growth than 33% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

143%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,750,276

Down $48,857 (-1.0%) from 2022

Net Assets

Up

$4,723,261

Up $24,907 (+0.5%) from 2022

Liabilities

Down

$27,015

Down $73,764 (-73%) from 2022

Revenue

Up

$893,811

Up $526,683 (+143%) from 2022

Expenses

Up

$1,104,907

Up $446,327 (+68%) from 2022

Net Income

Up

-$211,096

Up $80,356 (+28%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2021: $5,602,407Liabilities 2021: $10,256Net Assets 2021: $5,592,1512021Assets 2022: $4,799,133Liabilities 2022: $100,779Net Assets 2022: $4,698,3542022Assets 2023: $4,750,276Liabilities 2023: $27,015Net Assets 2023: $4,723,2612023Assets 2024: $5,231,716Liabilities 2024: $78,619Net Assets 2024: $5,153,0972024

Highlighted filing

2023

Assets$4,750,276
Liabilities$27,015
Net Assets$4,723,261

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $1,469,099Expenses 2021: $506,634Net Income 2021: $962,4652021Revenue 2022: $367,128Expenses 2022: $658,580Net Income 2022: -$291,4522022Revenue 2023: $893,811Expenses 2023: $1,104,907Net Income 2023: -$211,0962023Revenue 2024: $1,290,471Expenses 2024: $1,278,648Net Income 2024: $11,8232024

Highlighted filing

2023

Revenue$893,811
Expenses$1,104,907
Net Income-$211,096
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Mar 11, 2024
Return Version
2022v5.0
Gross Receipts
$1,609,759
Mission and Program Overview

Mission

All revenues, including membership registration and meet entry fees, are used to further the sport of amateur swimming for the registered individual and club members of Southern California Swimming, Inc. and its supporting national organization, United States Swimming, Inc. During the period September 1,2015 to August 31, 2016 Southern California Swimming, Inc. joined with approximately 157 local member swim clubs in organizing, sponsoring and sanctioning approximately 350 sanctioned swimming competitions involving 24,182 registered members. Meet entry forms and meet results are published and made available to members by subscription. A swim guide membership directory is also published each year and sold to members at its estimated cost of production.

All revenues, including membership registration and meet entry fees, are used to further the sport of amateur swimming for the registered individual and club members of southern california swimming, inc. And its supporting national organization, united states swimming, inc. During the period september 1, 2022 to august 31, 2023 southern california swimming, inc. Joined with approximately 146 local member swim clubs in organizing, sponsoring and sanctioning approximately 335 sanctioned swimming competitions involving 21,376 registered members. Meet entry forms and meet results are published and made available to members by subscription. A swim guide membership directory is also published each year and sold to members at its estimated cost of production.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$4,698,354$4,723,261▲ $24,907
Investments in Publicly Traded Securities$3,638,085$4,013,013▲ $374,928
Cash and Non-Interest-Bearing Accounts$821,123$642,216▼ $178,907
Accounts Receivable$90,410$51,013▼ $39,397
Prepaid Expenses and Deferred Charges$3,600$10,187▲ $6,587
Savings and Temporary Cash Investments$197,568$5,877▼ $191,691
Land, Buildings, and Equipment, Net$147$1,870▲ $1,723
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,799,133$4,750,276▼ $48,857
Other Assets Total$48,200$26,100▼ $22,100
Liabilities
Other Liabilities$45,900$24,300▼ $21,600
Accounts Payable and Accrued Expenses$54,879$2,715▼ $52,164
Total Liabilities$100,779$27,015▼ $73,764
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,698,354$4,723,261▲ $24,907
Total Liabilities and Net Assets / Fund Balance$4,799,133$4,750,276▼ $48,857

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,853$19,221$21,074
Equipment$17$518$535
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steven RoushExecutive DirectorFT$180,250$180,250
Officers DirectorsSee attch stmt-$12,191$12,191
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$908,415
Investment Income
$-14,604
Other Revenue
$0
Change in Net Assets
$-211,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$422,420
Salaries, Compensation, and Employee Benefits$377,244
Other Expenses$305,243
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$422,420--$422,420
Current Officers, Directors, Trustees, and Key Employees-$192,441-$192,441
Other Salaries and Wages-$139,735-$139,735
All Other Expenses$18,502$41,942-$60,444
Payroll Taxes-$45,068-$45,068
Fees for Services Management-$30,866-$30,866
Other Expenses$26,472$52,651-$26,472
Occupancy-$22,100-$22,100
Office Expenses-$19,092-$19,092
Insurance-$567-$567
Depreciation Depletion-$472-$472
Total Functional Expenses$500,302$604,605$0$1,104,907
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$24,300
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The treasurer will sign the tax return after review. Subsequently, the chairman will review the return and file a statement with USA Swimming, Inc. to that affect.

Form 990, Part VI, Section B, Line 15B

The organization's executive director's salary is determined by an independant board of directors based on comparable salaries for the position and market conditions.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Southern California Swimming Inc
EIN
31-1016597
Phone
3106841151
Address
29000 S Western Avenue 304, Rancho Palos Verdes, CA 90275

Signing Officer

Name
Ron Ross
Title
Treasurer
Signed
2024-03-11
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
CA
Voting Board Members
24
Independent Board Members
0
Employees
4

Preparer

Firm
Allegent Group LLP CPAs & Bus Advisors
Address
5959 Topanga Canyon Blvd Ste 370, Woodland Hills, CA 91367
Preparer
Susana Barajas
Phone
8187030807
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IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt00
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.00000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0204264282
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0USA Swimming Inc and affltd clubs
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt017
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0518
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0535
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01853
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019221
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021074
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease Liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01870
IRS990ScheduleD/TotalLiabilityAmt024300
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0422420
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0See Form 990, Part III, Line 4A
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0QUALIFYING LOCAL REGISTERED MEMBER SWIMMERS QUALIFYING TO COMPETE IN REGIONAL, NATIONAL, AND INTERNATIONAL COMPETITIONS ARE SOMETIMES REIMBURSED FOR A PORTION OF THEIR TRAVEL COSTS. REIMBURSEMENTS ARE MADE BY CHECK TO EACH SWIMMER FROM ONE OF SOUTHERN CALIFORNIA SWIMMING, INC'S TRAVEL FUNDS. EACH RECIPIENT'S ATTENDANCE AT, AND PARTICIPATION IN, THE RELATED COMPETITION IS VERIFIED. PAYMENT IS OFTEN MADE DIRECTLY TO THE INDIVIDUAL SWIMMER'S CLUB WHO FURTHER MONITORS THE DISBURSEMENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0180250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Steven Roush
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0180250
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The treasurer will sign the tax return after review. Subsequently, the chairman will review the return and file a statement with USA Swimming, Inc. to that affect.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization's executive director's salary is determined by an independant board of directors based on comparable salaries for the position and market conditions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04799133
IRS990/TotalAssetsEOYAmt04750276
IRS990/TotalAssetsGrp/BOYAmt04799133
IRS990/TotalAssetsGrp/EOYAmt04750276
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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