Civic Intelligence

Woods Swim Club Inc

EIN 35-1281838 • 501(c)7 • Carmel, IN

Revoked

Profile

Neighborhood pool and tennis court operations and maintenance

Revocation date: May 15, 2016

4630 Lisborn DrCarmel, IN 46033

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.27x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

501(c)7 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

501(c)7 • <$500k nonprofits • Source year 2024

Asset Growth

16th percentile

-29%

Faster asset growth than 16% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

4.4%

Faster revenue growth than 56% of similar nonprofits.

501(c)7 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$46,926

Down $19,262 (-29%) from 2023

Liabilities

Up

$21,548

Up $7,205 (+50%) from 2023

Net Assets

Down

$25,378

Down $26,467 (-51%) from 2023

Revenue

Up

$79,509

Up $3,364 (+4.4%) from 2023

Expenses

Up

$95,798

Up $7,096 (+8.0%) from 2023

Net Income

Down

-$16,289

Down $3,732 (-30%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2021: $61,178Liabilities 2021: $0Net Assets 2021: $61,1782021Assets 2022: $71,411Liabilities 2022: $7,006Net Assets 2022: $64,4052022Assets 2023: $66,188Liabilities 2023: $14,343Net Assets 2023: $51,8452023Assets 2024: $46,926Liabilities 2024: $21,548Net Assets 2024: $25,3782024

Highlighted filing

2024

Assets$46,926
Liabilities$21,548
Net Assets$25,378

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2021: $73,400Expenses 2021: $69,103Net Income 2021: $4,2972021Revenue 2022: $71,315Expenses 2022: $68,088Net Income 2022: $3,2272022Revenue 2023: $76,145Expenses 2023: $88,702Net Income 2023: -$12,5572023Revenue 2024: $79,509Expenses 2024: $95,798Net Income 2024: -$16,2892024

Highlighted filing

2024

Revenue$79,509
Expenses$95,798
Net Income-$16,289

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 29, 2025
Return Version
2024v5.0
Gross Receipts
$79,509
Mission and Program Overview

Mission

Neighborhood pool and tennis court operations and maintenance

The general objects, purposes and powers of the club are: 1. To act as a non-profit corporation organized and operated exclusively for pleasure, recreation, and other similar non-profitable purposes, no part of the net earnings of which inure to the benefit of any private shareholder and solely within the framework of the foregoing purposes and only in furtherance thereof and as a means to those ends: a. To promote the development, expansion, improvement and maintenance of club facilities and recreational facilities for residents of the community.

Program Services

DescriptionGrantsExpenses
MEMBERSHIP DUES FOR THE POOL--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK ROWLETTOfficer-$0--
MATT HANSENTreasurer-$0--
SHANNON MCCLINTOCKPool Directo-$0--
CODY HANKINSBuilding & G-$0--
SHERRY LERNERSecretary-$0--
KEVIN DICKPresident-$0--
Filing and Contact Details

Filer

Filer Name
Woods Swim Club Inc
EIN
35-1281838
Phone
3172136692
Address
4630 LISBORN DR, CARMEL, IN 46033

Signing Officer

Name
Kevin Dick
Title
President
Phone
3172136692
Signed
2025-09-29
Discuss with paid preparer
Yes

Preparer

Firm
Schaaf CPA Group LLC
Address
110 N UNION ST, WESTFIELD, IN 46074
Preparer
John Schaaf CPA
Phone
3178675427
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Cell tower lease 14,318 total 14,318

Form 990-ez, Part I, Line 16

Expenses office supplies 403 software fees 1,766 property insurance 6,206 bad debt expense account 2,336 repairs & maintenance 17,674 utilities 10,493 property taxes 14 total 38,892

Form 990-ez, Part I, Line 20

Prior period adjustment -10,178

Form 990-ez, Part II, Line 24

Accounts receivable 9,551 0 total 9,551 0

Form 990-ez, Part II, Line 26

Payroll liabilities 14,343 21,548

Form 990-ez, Part III

The general objects, purposes and powers of the club are: 1. To act as a non-profit corporation organized and operated exclusively for pleasure, recreation, and other similar non-profitable purposes, no part of the net earnings of which inure to the benefit of any private shareholder and solely within the framework of the foregoing purposes and only in furtherance thereof and as a means to those ends: a. To promote the development, expansion, improvement and maintenance of club facilities and recreational facilities for residents of the community.

Raw XML Appendix126 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARMEL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd046033
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SHERRY LERNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEVIN DICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2POOL DIRECTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BUILDING & G
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrintingPublicationsPostageAmt0291
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CELL TOWER LEASE 14,318 TOTAL 14,318
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE SUPPLIES 403 SOFTWARE FEES 1,766 PROPERTY INSURANCE 6,206 BAD DEBT EXPENSE ACCOUNT 2,336 REPAIRS & MAINTENANCE 17,674 UTILITIES 10,493 PROPERTY TAXES 14 TOTAL 38,892
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT -10,178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 9,551 0 TOTAL 9,551 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL LIABILITIES 14,343 21,548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GENERAL OBJECTS, PURPOSES AND POWERS OF THE CLUB ARE: 1. TO ACT AS A NON-PROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR PLEASURE, RECREATION, AND OTHER SIMILAR NON-PROFITABLE PURPOSES, NO PART OF THE NET EARNINGS OF WHICH INURE TO THE BENEFIT OF ANY PRIVATE SHAREHOLDER AND SOLELY WITHIN THE FRAMEWORK OF THE FOREGOING PURPOSES AND ONLY IN FURTHERANCE THEREOF AND AS A MEANS TO THOSE ENDS: A. TO PROMOTE THE DEVELOPMENT, EXPANSION, IMPROVEMENT AND MAINTENANCE OF CLUB FACILITIES AND RECREATIONAL FACILITIES FOR RESIDENTS OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 N UNION ST
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN SCHAAF CPA
ReturnHeader/ReturnTs02025-10-14T16:12:26-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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