Civic Intelligence

Memphis State Swimming Inc.

990 • Fiscal year 2012 • EIN 62-1409684

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 08, 2013

4899 Summer Avenue Ste 101 NoPmb11738122
Siviq Scores

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

Liabilities / Assets

72nd percentile

0.07x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

71st percentile

17%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$228,974

Up $33,874 (+17%) from 2011

Net Assets

Up

$213,018

Up $34,174 (+19%) from 2011

Liabilities

Down

$15,956

Down $300 (-1.8%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$363,929

Up $45,014 (+14%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $195,100Liabilities 2011: $16,256Net Assets 2011: $178,8442011Assets 2012: $228,974Liabilities 2012: $15,956Net Assets 2012: $213,0182012Assets 2013: $264,521Liabilities 2013: $15,856Net Assets 2013: $248,6652013Assets 2014: $280,751Liabilities 2014: $12,203Net Assets 2014: $268,5482014Assets 2015: $199,077Liabilities 2015: $0Net Assets 2015: $199,0772015Assets 2016: $168,076Liabilities 2016: $3,123Net Assets 2016: $164,9532016Assets 2017: $171,022Liabilities 2017: $4,165Net Assets 2017: $166,8572017Assets 2018: $145,713Liabilities 2018: $23,868Net Assets 2018: $121,8452018Assets 2019: $143,626Liabilities 2019: $6,365Net Assets 2019: $137,2612019Assets 2020: $236,523Liabilities 2020: $133,424Net Assets 2020: $103,0992020Assets 2021: $259,395Liabilities 2021: $173,966Net Assets 2021: $85,4292021Assets 2022: $86,049Liabilities 2022: $0Net Assets 2022: $86,0492022Assets 2023: $42,508Liabilities 2023: $12,729Net Assets 2023: $29,7792023Assets 2024: $101,700Liabilities 2024: $1,774Net Assets 2024: $99,9262024Assets 2025: $158,115Liabilities 2025: $9,476Net Assets 2025: $148,6392025

Highlighted filing

2012

Assets$228,974
Liabilities$15,956
Net Assets$213,018

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $318,9152011Expenses 2012: $363,9292012Expenses 2013: $336,5422013Revenue 2014: $420,360Expenses 2014: $400,477Net Income 2014: $19,8832014Revenue 2015: $304,114Expenses 2015: $373,585Net Income 2015: -$69,4712015Revenue 2016: $336,232Expenses 2016: $370,356Net Income 2016: -$34,1242016Revenue 2017: $339,179Expenses 2017: $337,275Net Income 2017: $1,9042017Revenue 2018: $315,293Expenses 2018: $360,305Net Income 2018: -$45,0122018Revenue 2019: $354,763Expenses 2019: $339,347Net Income 2019: $15,4162019Revenue 2020: $283,637Expenses 2020: $317,799Net Income 2020: -$34,1622020Revenue 2021: $240,982Expenses 2021: $258,652Net Income 2021: -$17,6702021Revenue 2022: $7,520Expenses 2022: $6,900Net Income 2022: $6202022Revenue 2023: $248,239Expenses 2023: $304,509Net Income 2023: -$56,2702023Revenue 2024: $436,548Expenses 2024: $366,401Net Income 2024: $70,1472024Revenue 2025: $441,550Expenses 2025: $392,837Net Income 2025: $48,7132025

Highlighted filing

2012

Revenue-
Expenses$363,929
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 8, 2013
Return Version
2011v1.2
Gross Receipts
$401,277
Mission and Program Overview

Mission

Memphis tiger swimming promotes an inclusive environment for swimmers of all abilities to develop to their fullest potential; as swimmers, teammates and wellrounded members of society. In so doing this program served 133 swimmers under the age of 12 either through a seasonal or year-round program. Another 76 swimmers over the age of 12 utilized the program in the same manners. For the current fiscal year, the charity was displaced from its pool, the swimmers paid dues to the ymca and swam in their pools, starting in 2022, mts began receiving dues from the swimmers and again incurring expenses.

Major Activities

Activity 2
To provide professional instruction in the sport of swimming for the four levels of competition. The novice level is composed mostly of children aged 4-9. This group focuses on developing sound fundamentals of the four competitive strokes. They practice 2 - 3 times per week. The junior level is complised of 9-11 year olds. This group can perform the four competitive strokes and work on refinement of their skills. They practice 3-5 times per week. The intermediate group is composed of 11-13 year olds. This group is making the transition to competitive training. They practice 5 times per week. The second achievement senior group contains swimmers aged 12-18. Emphasis is on serious competitive training in preparation for national and international competition.
Activity 3
To host a number of swim meets throughout the year to provide the swimmers with needed competition, and to raise funds for the organization.
Filing and Contact Details

Filer

EIN
62-1409684
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IRS990/Activity2/Description0TO PROVIDE PROFESSIONAL INSTRUCTION IN THE SPORT OF SWIMMING FOR THE FOUR LEVELS OF COMPETITION. THE NOVICE LEVEL IS COMPOSED MOSTLY OF CHILDREN AGED 4-9. THIS GROUP FOCUSES ON DEVELOPING SOUND FUNDAMENTALS OF THE FOUR COMPETITIVE STROKES. THEY PRACTICE 2 - 3 TIMES PER WEEK. THE JUNIOR LEVEL IS COMPLISED OF 9-11 YEAR OLDS. THIS GROUP CAN PERFORM THE FOUR COMPETITIVE STROKES AND WORK ON REFINEMENT OF THEIR SKILLS. THEY PRACTICE 3-5 TIMES PER WEEK. THE INTERMEDIATE GROUP IS COMPOSED OF 11-13 YEAR OLDS. THIS GROUP IS MAKING THE TRANSITION TO COMPETITIVE TRAINING. THEY PRACTICE 5 TIMES PER WEEK. THE SECOND ACHIEVEMENT SENIOR GROUP CONTAINS SWIMMERS AGED 12-18. EMPHASIS IS ON SERIOUS COMPETITIVE TRAINING IN PREPARATION FOR NATIONAL AND INTERNATIONAL COMPETITION.
IRS990/Activity3/Description0TO HOST A NUMBER OF SWIM MEETS THROUGHOUT THE YEAR TO PROVIDE THE SWIMMERS WITH NEEDED COMPETITION, AND TO RAISE FUNDS FOR THE ORGANIZATION.
IRS990/ActivityOrMissionDescription0TO PROMOTE THE SPORT OF SWIMMING AND TO PROVIDE TRAINING, INSTRUCTION, AND SUPPORT FOR THOSE INTERESTED IN COMPETING IN SWIMMING MEETS ACROSS THE USA.
IRS990/ActivityOther/Description0TO PROVIDE FUNDING FOR ATTENDANCE AT OUT OF TOWN MEETS AND TO SUPPLEMENT THE PAY OF THE SWIMMING COACHES AT THE UNIVERSITY OF MEMPHIS.
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IRS990/TotalLiabilities/EOY015956
IRS990/TotalLiabilitiesEOY015956
IRS990/TotalLiabNetAssetsFundBalances/BOY0195100
IRS990/TotalLiabNetAssetsFundBalances/EOY0228974
IRS990/TotalNbrEmployees09
IRS990/TotalNbrVolunteers0175
IRS990/TotalNetAssetsFundBalances/BOY0178844
IRS990/TotalNetAssetsFundBalances/EOY0213018
IRS990/TotalOtherCompensation00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0355702
IRS990/TotalProgramServiceRevenue0348753
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear0398103
IRS990/TotalRevenue/ExclusionAmount039725
IRS990/TotalRevenuePriorYear0343668
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0348753
IRS990/TotalRevenue/TotalRevenueColumn0398103
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ProgramServices029967
IRS990/Travel/Total029967
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UponRequest0X
IRS990/WebSite0WWW.MEMPHISTIGERSWIMMING.COM
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01989
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0621409684
ReturnHeader/Filer/Name/BusinessNameLine10MEMPHIS STATE SWIMMING INC
ReturnHeader/Filer/NameControl0MEMP
ReturnHeader/Filer/Phone09018214371
ReturnHeader/Filer/USAddress/AddressLine104899 SUMMER AVENUE STE 101 NO
ReturnHeader/Filer/USAddress/AddressLine20PMB117
ReturnHeader/Filer/USAddress/City0MEMPHIS
ReturnHeader/Filer/USAddress/State0TN

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.09$1.49$4.42$3.93$0.49
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.00$4.37$3.66$0.70
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.13$0.30$2.48$3.05$0.56
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.08$0.07$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$1.74$0.85$2.41$2.59$0.18
2020Detailed filing. Detailed filing data is available for this year.$2.37$1.33$1.03$2.84$3.18$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.06$1.37$3.55$3.39$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.24$1.22$3.15$3.60$0.45
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.04$1.67$3.39$3.37$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.03$1.65$3.36$3.70$0.34
2015Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$3.04$3.74$0.69
2014Detailed filing. Detailed filing data is available for this year.$2.81$0.12$2.69$4.20$4.00$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.16$2.49$3.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.16$2.13$3.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.16$1.79$3.19