Civic Intelligence

Foothills Swim & Racquet Club Inc

EIN 84-0688334 • 501(c)7 • Colorado Springs, CO

Profile

The club provides swim and tennis activities including swim and tennis lessons and teams. The club organizes tennis and other activities related to swimming and tennis. There are 250 family memberships.

6955 Delmonico DrColorado Springs, CO 80919

www.foothillsclubonline.com

Siviq Scores

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

Liabilities / Assets

76th percentile

0.29x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.64x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

55th percentile

6.2%

Higher net margin than 55% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

93rd percentile

46%

Faster asset growth than 93% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-5.7%

Faster revenue growth than 24% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$689,217

Up $215,542 (+46%) from 2023

Liabilities

Up

$196,567

Up $196,567 from 2023

Net Assets

Up

$492,650

Up $18,975 (+4.0%) from 2023

Revenue

Down

$307,439

Down $18,524 (-5.7%) from 2023

Expenses

Up

$288,464

Up $78,500 (+37%) from 2023

Net Income

Down

$18,975

Down $97,024 (-84%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $373,263Net Assets 2010: $373,2632010Assets 2011: $363,384Net Assets 2011: $363,3842011Assets 2012: $372,437Liabilities 2012: $0Net Assets 2012: $372,4372012Assets 2013: $379,003Liabilities 2013: $0Net Assets 2013: $379,0032013Assets 2014: $377,465Liabilities 2014: $0Net Assets 2014: $377,4652014Assets 2015: $368,318Liabilities 2015: $0Net Assets 2015: $368,3182015Assets 2016: $386,805Liabilities 2016: $0Net Assets 2016: $386,8052016Assets 2017: $403,894Liabilities 2017: $338Net Assets 2017: $403,5562017Assets 2018: $389,676Liabilities 2018: $0Net Assets 2018: $389,6762018Assets 2019: $388,206Liabilities 2019: $0Net Assets 2019: $388,2062019Assets 2020: $378,377Liabilities 2020: $0Net Assets 2020: $378,3772020Assets 2021: $371,910Liabilities 2021: $0Net Assets 2021: $371,9102021Assets 2022: $357,676Liabilities 2022: $0Net Assets 2022: $357,6762022Assets 2023: $473,675Liabilities 2023: $0Net Assets 2023: $473,6752023Assets 2024: $689,217Liabilities 2024: $196,567Net Assets 2024: $492,6502024

Highlighted filing

2024

Assets$689,217
Liabilities$196,567
Net Assets$492,650

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $188,772Expenses 2010: $173,016Net Income 2010: $15,7562010Revenue 2011: $182,451Expenses 2011: $192,330Net Income 2011: -$9,8792011Expenses 2012: $186,0352012Revenue 2013: $199,053Expenses 2013: $192,489Net Income 2013: $6,5642013Revenue 2014: $194,014Expenses 2014: $195,552Net Income 2014: -$1,5382014Revenue 2015: $187,571Expenses 2015: $196,718Net Income 2015: -$9,1472015Revenue 2016: $228,103Expenses 2016: $209,616Net Income 2016: $18,4872016Revenue 2017: $213,042Expenses 2017: $196,291Net Income 2017: $16,7512017Revenue 2018: $198,202Expenses 2018: $212,082Net Income 2018: -$13,8802018Revenue 2019: $185,240Expenses 2019: $186,710Net Income 2019: -$1,4702019Revenue 2020: $311,088Expenses 2020: $320,917Net Income 2020: -$9,8292020Revenue 2021: $213,772Expenses 2021: $220,239Net Income 2021: -$6,4672021Revenue 2022: $223,144Expenses 2022: $237,378Net Income 2022: -$14,2342022Revenue 2023: $325,963Expenses 2023: $209,964Net Income 2023: $115,9992023Revenue 2024: $307,439Expenses 2024: $288,464Net Income 2024: $18,9752024

Highlighted filing

2024

Revenue$307,439
Expenses$288,464
Net Income$18,975

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.89$1.97$4.93$3.07$2.88$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.74$0.00$4.74$3.26$2.10$1.16
2022Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$2.23$2.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$2.14$2.20$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$3.11$3.21$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.88$0.00$3.88$1.85$1.87$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$1.98$2.12$0.14
2017Detailed filing. Detailed filing data is available for this year.$4.04$0.00$4.04$2.13$1.96$0.17
2016Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$2.28$2.10$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$1.88$1.97$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$1.94$1.96$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$1.99$1.92$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$0.00$3.72$1.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$3.63$1.82$1.92$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$3.73$1.89$1.73$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.0
Gross Receipts
$307,439
Mission and Program Overview

Mission

The club provides swim and tennis activities including swim and tennis lessons and teams. The club organizes tennis and other activities related to swimming and tennis. There are 250 family memberships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$288,349$527,364▲ $239,015
Cash and Non-Interest-Bearing Accounts$184,658$161,853▼ $22,805
Accounts Receivable$668--
Total Assets$473,675$689,217▲ $215,542
Liabilities
Other Liabilities-$196,567-
Total Liabilities$0$196,567▲ $196,567
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$473,675$492,650▲ $18,975
Total Net Assets Fund Balance$473,675$492,650▲ $18,975
Total Liabilities and Net Assets / Fund Balance$473,675$689,217▲ $215,542

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$426,980$391,284$818,264
Land$100,384-$100,384
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ryan SchultzPresident
Mike OrosziMaintenance
Nicole MitchellSecretary
Mike EversSports
Bernie ZippTreasurer
Michael DanielsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$305,119
Investment Income
$2,320
Other Revenue
$0
Change in Net Assets
$18,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$191,378
Salaries, Compensation, and Employee Benefits$97,086
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,657--$89,657
Travel$54,192--$54,192
Other Expenses$43,692--$43,692
Depreciation Depletion$30,770--$30,770
Occupancy$29,718--$29,718
Insurance$13,284--$13,284
Fees for Services Other$8,253--$8,253
Payroll Taxes$7,429--$7,429
Office Expenses$5,819--$5,819
Fees for Services Accounting$5,650--$5,650
Total Functional Expenses$288,464$0$0$288,464
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
N/p Tennis Court Member Loan$196,567
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The club has 250 members who elect the board. The members also vote on bylaw changes and other major decisions and expenditures.

Form 990, Page 6, Part VI, Line 7A

The club has 250 members who elect the board. The members also vote on bylaw changes and other major decisions and expenditures.

Form 990, Page 6, Part VI, Line 7B

The club has 250 members who elect the board. The members also vote on bylaw changes and other major decisions and expenditures.

Form 990, Page 6, Part VI, Line 9

MICHAEL DANIELS

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is provided to each board member for review. Any questions are discussed at the next board meeting.

Form 990, Page 6, Part VI, Line 15A

The board participates in all salary negotiations with the pool manager and reviews the pay structure for all employees prior to the pool opening each summer.

Form 990, Page 6, Part VI, Line 15B

The board participates in all salary negotiations with the pool manager and reviews the pay structure for all employees prior to the pool opening each summer.

Form 990, Page 6, Part VI, Line 19

Club information and bylaws are available on the club's website, to which all members have access.

Filing and Contact Details

Filer

Filer Name
Foothills Swim & Racquet Club Inc
EIN
84-0688334
Phone
7193398757
Address
6955 DELMONICO DR, COLORADO SPRINGS, CO 80919

Signing Officer

Name
Bernie Zipp
Title
Treasurer
Phone
7193398757
Signed
2025-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Schultz
Formed
1975
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
21

Preparer

Firm
Lockhart & Powell Cpas
Address
4595 HILTON PKWY STE 100, COLORADO SPRINGS, CO 80907
Preparer
Megan Lockhart
Phone
7195788200
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The club provides swim and tennis activities including swim and tennis lessons and teams. The club organizes tennis and other activities related to swimming and tennis. There are 250 family memberships.

Form 990, Page 2, Part III, Line 4D

The club provides swim and tennis activities including swim and tennis lessons and teams. The club also organizes social activities such as family nights and summer holiday parties around the pool.

Raw XML Appendix294 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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IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL DANIELS
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE EVERS
IRS990/Form990PartVIISectionAGrp/PersonNm2NICOLE MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE OROSZI
IRS990/Form990PartVIISectionAGrp/PersonNm4RYAN SCHULTZ
IRS990/Form990PartVIISectionAGrp/PersonNm5BERNIE ZIPP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SPORTS
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MAINTENANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/FSAuditedInd0false
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IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/IndoorTanningServicesInd0false
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IRS990/InsuranceGrp/ProgramServicesAmt013284
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0THE CLUB PROVIDES SWIM AND TENNIS ACTIVITIES INCLUDING SWIM AND TENNIS LESSONS AND TEAMS. THE CLUB ORGANIZES TENNIS AND OTHER ACTIVITIES RELATED TO SWIMMING AND TENNIS. THERE ARE 250 FAMILY MEMBERSHIPS.
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IRS990/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB PROVIDES SWIM AND TENNIS ACTIVITIES INCLUDING SWIM AND TENNIS LESSONS AND TEAMS. THE CLUB ORGANIZES TENNIS AND OTHER ACTIVITIES RELATED TO SWIMMING AND TENNIS. THERE ARE 250 FAMILY MEMBERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLUB PROVIDES SWIM AND TENNIS ACTIVITIES INCLUDING SWIM AND TENNIS LESSONS AND TEAMS. THE CLUB ALSO ORGANIZES SOCIAL ACTIVITIES SUCH AS FAMILY NIGHTS AND SUMMER HOLIDAY PARTIES AROUND THE POOL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CLUB HAS 250 MEMBERS WHO ELECT THE BOARD. THE MEMBERS ALSO VOTE ON BYLAW CHANGES AND OTHER MAJOR DECISIONS AND EXPENDITURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CLUB HAS 250 MEMBERS WHO ELECT THE BOARD. THE MEMBERS ALSO VOTE ON BYLAW CHANGES AND OTHER MAJOR DECISIONS AND EXPENDITURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CLUB HAS 250 MEMBERS WHO ELECT THE BOARD. THE MEMBERS ALSO VOTE ON BYLAW CHANGES AND OTHER MAJOR DECISIONS AND EXPENDITURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MICHAEL DANIELS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6A COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW. ANY QUESTIONS ARE DISCUSSED AT THE NEXT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD PARTICIPATES IN ALL SALARY NEGOTIATIONS WITH THE POOL MANAGER AND REVIEWS THE PAY STRUCTURE FOR ALL EMPLOYEES PRIOR TO THE POOL OPENING EACH SUMMER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE BOARD PARTICIPATES IN ALL SALARY NEGOTIATIONS WITH THE POOL MANAGER AND REVIEWS THE PAY STRUCTURE FOR ALL EMPLOYEES PRIOR TO THE POOL OPENING EACH SUMMER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CLUB INFORMATION AND BYLAWS ARE AVAILABLE ON THE CLUB'S WEBSITE, TO WHICH ALL MEMBERS HAVE ACCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0473675
IRS990/TotalAssetsEOYAmt0689217
IRS990/TotalAssetsGrp/BOYAmt0473675
IRS990/TotalAssetsGrp/EOYAmt0689217
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IRS990/TotalEmployeeCnt021
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288464
IRS990/TotalFunctionalExpensesGrp/TotalAmt0288464
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0196567
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0196567
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0473675
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0492650
IRS990/TotalProgramServiceRevenueAmt0305119
IRS990/TotalRevenueGrp/ExclusionAmt0305119
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02320
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0307439
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0473675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0689217
IRS990/TravelGrp/ProgramServicesAmt054192
IRS990/TravelGrp/TotalAmt054192
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt06955 DELMONICO DR
IRS990/USAddress/CityNm0COLORADO SPRINGS
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080919
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://WWW.FOOTHILLSCLUBONLINE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BERNIE ZIPP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07193398757
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOOTHILLS SWIM & RACQUET CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0FOOT
ReturnHeader/Filer/EIN0840688334
ReturnHeader/Filer/PhoneNum07193398757
ReturnHeader/Filer/USAddress/AddressLine1Txt06955 DELMONICO DR
ReturnHeader/Filer/USAddress/CityNm0COLORADO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080919
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993820549
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOCKHART & POWELL CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04595 HILTON PKWY STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLORADO SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080907
ReturnHeader/PreparerPersonGrp/PhoneNum07195788200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MEGAN LOCKHART
ReturnHeader/ReturnTs02025-10-01T10:51:53-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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