Civic Intelligence

Sioux Falls Swim Team Inc

EIN 46-0343732 • 501(c)3 • Sioux Falls, SD

Profile

To create a safe environment by protecting all swimmers as they learn and grow into athletes who value commitment, confidence, character and community.

PO Box 758Sioux Falls, SD 57101

www.gomotionapp.com/TEAM/CZSDSFS/PAGE

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

40th percentile

-2.6%

Higher net margin than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

47th percentile

-3.9%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

49th percentile

-3.6%

Faster revenue growth than 49% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$305,873

Down $12,516 (-3.9%) from 2023

Liabilities

Down

$8,500

Down $652 (-7.1%) from 2023

Net Assets

Down

$297,373

Down $11,864 (-3.8%) from 2023

Revenue

Down

$463,563

Down $17,066 (-3.6%) from 2023

Expenses

Up

$475,427

Up $11,396 (+2.5%) from 2023

Net Income

Down

-$11,864

Down $28,462 (-171%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $116,079Liabilities 2011: $2,3322011Assets 2012: $110,684Liabilities 2012: $2,332Net Assets 2012: $108,3522012Assets 2013: $119,749Liabilities 2013: $2,332Net Assets 2013: $117,4172013Assets 2014: $99,104Net Assets 2014: $99,1042014Assets 2015: $101,021Liabilities 2015: $2,732Net Assets 2015: $98,2892015Assets 2016: $157,821Liabilities 2016: $138,355Net Assets 2016: $19,4662016Assets 2017: $47,114Liabilities 2017: $15,209Net Assets 2017: $31,9052017Assets 2018: $66,712Liabilities 2018: $14,284Net Assets 2018: $52,4282018Assets 2019: $105,218Liabilities 2019: $18,783Net Assets 2019: $86,4352019Assets 2020: $78,361Liabilities 2020: $47,622Net Assets 2020: $30,7392020Assets 2021: $203,535Liabilities 2021: $183Net Assets 2021: $203,3522021Assets 2022: $292,639Liabilities 2022: $0Net Assets 2022: $292,6392022Assets 2023: $318,389Liabilities 2023: $9,152Net Assets 2023: $309,2372023Assets 2024: $305,873Liabilities 2024: $8,500Net Assets 2024: $297,3732024

Highlighted filing

2024

Assets$305,873
Liabilities$8,500
Net Assets$297,373

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $152,008Expenses 2011: $171,846Net Income 2011: -$19,8382011Revenue 2012: $169,842Expenses 2012: $175,235Net Income 2012: -$5,3932012Revenue 2013: $169,870Expenses 2013: $160,805Net Income 2013: $9,0652013Revenue 2014: $157,677Expenses 2014: $175,990Net Income 2014: -$18,3132014Revenue 2015: $181,533Expenses 2015: $182,348Net Income 2015: -$8152015Revenue 2016: $379,810Expenses 2016: $497,851Net Income 2016: -$118,0412016Revenue 2017: $432,538Expenses 2017: $420,099Net Income 2017: $12,4392017Revenue 2018: $347,151Expenses 2018: $326,628Net Income 2018: $20,5232018Revenue 2019: $373,482Expenses 2019: $339,475Net Income 2019: $34,0072019Revenue 2020: $249,678Expenses 2020: $304,855Net Income 2020: -$55,1772020Revenue 2021: $457,354Expenses 2021: $286,241Net Income 2021: $171,1132021Revenue 2022: $470,117Expenses 2022: $380,830Net Income 2022: $89,2872022Revenue 2023: $480,629Expenses 2023: $464,031Net Income 2023: $16,5982023Revenue 2024: $463,563Expenses 2024: $475,427Net Income 2024: -$11,8642024

Highlighted filing

2024

Revenue$463,563
Expenses$475,427
Net Income-$11,864

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.06$0.09$2.97$4.64$4.75$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.18$0.09$3.09$4.81$4.64$0.17
2022Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$4.70$3.81$0.89
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.03$4.57$2.86$1.71
2020Detailed filing. Detailed filing data is available for this year.$0.78$0.48$0.31$2.50$3.05$0.55
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.19$0.86$3.73$3.39$0.34
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.14$0.52$3.47$3.27$0.21
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.15$0.32$4.33$4.20$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.58$1.38$0.19$3.80$4.98$1.18
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.03$0.98$1.82$1.82$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.99$1.58$1.76$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.02$1.17$1.70$1.61$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.02$1.08$1.70$1.75$0.05
2011Summary only. Only limited summary data is available for this year.$1.16$0.02$1.52$1.72$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Jul 15, 2025
Return Version
2023v6.0
Gross Receipts
$463,563
Mission and Program Overview

Mission

To foster national and international amateur sports competition by organizing and operating a competitive swim club team.

To foster national and international amateur sports competition by organization and operating a competitive swim club team.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$295,000$291,020▼ $3,980
Cash and Non-Interest-Bearing Accounts$21,778$13,886▼ $7,892
Land, Buildings, and Equipment, Net$1,611$967▼ $644
Total Assets$318,389$305,873▼ $12,516
Liabilities
Deferred Revenue$7,994$8,500▲ $506
Accounts Payable and Accrued Expenses$1,158$0▼ $1,158
Total Liabilities$9,152$8,500▼ $652
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$309,237$297,373▼ $11,864
Total Net Assets Fund Balance$309,237$297,373▼ $11,864
Total Liabilities and Net Assets / Fund Balance$318,389$305,873▼ $12,516

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$967$16,336$17,303
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wendy KayPresident
Shanna WagersVice-president
Allison GabrielDirector
Christine SkorjanecDirector
Jordan HarrisDirector
Nate ReitDirector
Steven PassDirector
Molly RitterSecretary
Brian PedersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$39,614
Program Service Revenue
$417,906
Investment Income
$2,265
Other Revenue
$3,778
All Other Contributions
$39,614
Change in Net Assets
$-11,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$293,077
Salaries, Compensation, and Employee Benefits$181,350
Grants and Similar Amounts Paid$1,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,085--$162,085
Occupancy$65,147--$65,147
Travel$46,757--$46,757
All Other Expenses$29,616$177-$29,793
Other Expenses$10,624$2,258-$12,882
Payroll Taxes$12,665--$12,665
Fees for Services Accounting-$10,519-$10,519
Other Employee Benefits$6,600--$6,600
Grants to Domestic Individuals$1,000--$1,000
Depreciation Depletion$645--$645
Insurance$246--$246
Office Expenses-$227-$227
Total Functional Expenses$462,223$13,204$0$475,427
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Officers review the return in detail. A copy of the return is provided to each member of the board of directors. The preparer is available for questions or comments.

Form 990, Part VI, Section C, Line 19

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Sioux Falls Swim Team Inc
EIN
46-0343732
Phone
6053760074
Address
PO BOX 758, SIOUX FALLS, SD 57101

Signing Officer

Name
Brian Pederson
Title
Treasurer
Phone
6053760074
Signed
2025-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shanna Wagers
Formed
1977
Legal Domicile
Sd
Voting Board Members
9
Independent Board Members
9
Employees
19
Volunteers
185

Preparer

Firm
Brady Martz & Associates Pc
Address
7001 S LYNCREST PLACE, SIOUX FALLS, SD 57108
Preparer
Shawn Q Blom
Phone
6053611200
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt276106
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt332591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt418151
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt025392
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt02895
IRS990/PYOtherExpensesAmt0295423
IRS990/PYOtherRevenueAmt025
IRS990/PYProgramServiceRevenueAmt0452317
IRS990/PYRevenuesLessExpensesAmt016598
IRS990/PYSalariesCompEmpBnftPaidAmt0164608
IRS990/PYTotalExpensesAmt0464031
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0480629
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-11864
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt01400
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0418353
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0295000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0291020
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt06396
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt06396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041014
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt025392
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt071323
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0130802
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0163273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0431804
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02895
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05198
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0417906
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0452317
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0439054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0362868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt092414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01764559
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01931
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01931
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02895
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05198
IRS990ScheduleA/InvestmentIncomeCYPct00.00240
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0447
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt025
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0103
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01388
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02120
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04083
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99290
IRS990ScheduleA/PublicSupportPY509Pct00.92790
IRS990ScheduleA/PublicSupportTotal509Amt02191898
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt06396
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt06396
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0460851
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0477709
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0510377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0493670
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0255687
IRS990ScheduleA/Total509Grp/TotalAmt02198294
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0463563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0480629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0510511
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0495065
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0257807
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02207575
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0967
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016336
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt017303
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0967
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REVIEW THE RETURN IN DETAIL. A COPY OF THE RETURN IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS. THE PREPARER IS AVAILABLE FOR QUESTIONS OR COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0318389
IRS990/TotalAssetsEOYAmt0305873
IRS990/TotalAssetsGrp/BOYAmt0318389
IRS990/TotalAssetsGrp/EOYAmt0305873
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt039614
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013204
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0462223
IRS990/TotalFunctionalExpensesGrp/TotalAmt0475427
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09152
IRS990/TotalLiabilitiesEOYAmt08500
IRS990/TotalLiabilitiesGrp/BOYAmt09152
IRS990/TotalLiabilitiesGrp/EOYAmt08500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0309237
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0297373
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0462223
IRS990/TotalProgramServiceRevenueAmt0417906
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05596
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0418353
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0463563
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0185
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0318389
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0305873
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt046757
IRS990/TravelGrp/TotalAmt046757
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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